Geode Capital Management Portfolio holdings
Geode Capital Management, founded in 2001 and based in Boston, Massachusetts, is a prominent institutional asset management firm known for its expertise in low-cost, systematic index investing. Originally established to manage internal index funds for Fidelity Investments, Geode became an independent entity while retaining a close relationship with Fidelity, focusing on passive investment strategies that track major market indices. The firm oversees hundreds of billions in assets, offering a range of mutual funds and separately managed accounts primarily for institutional clients, such as pension funds and endowments, with an emphasis on minimizing costs and maximizing efficiency. Geode’s disciplined, quantitative approach and avoidance of active management have made it a key player in the rise of index-based investing.
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Microsoft
MSFT
|
+$442M |
| 2 |
Amazon
AMZN
|
+$347M |
| 3 |
Apple
AAPL
|
+$276M |
| 4 |
Intel
INTC
|
+$246M |
| 5 |
Berkshire Hathaway Class B
BRK.B
|
+$231M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
SNI
Scripps Networks Interactive, Inc Common Class A
SNI
|
+$90M |
| 2 |
BIVV
Bioverativ Inc. Common Stock
BIVV
|
+$52.3M |
| 3 |
CPN
Calpine Corporation
CPN
|
+$45.5M |
| 4 |
LVNTA
Liberty Interactive Corporation Series A Liberty Ventures
LVNTA
|
+$40.3M |
| 5 |
LNCE
Snyders-Lance, Inc.
LNCE
|
+$40M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 17.82% |
| 2 | Financials | 16.57% |
| 3 | Healthcare | 13.16% |
| 4 | Industrials | 10.29% |
| 5 | Consumer Discretionary | 9.93% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
MINI
1326
DELISTED
Mobile Mini Inc
MINI
| $18.1M | 0.01% |
416,301
+23,918
| +6% | +$974K |
|
1327
Ryanair
RYAAY
$30.4B
| $18.1M | 0.01% |
367,950
-12,243
| -3% | -$586K |
|
1328
Amkor Technology
AMKR
$12.4B
| $18M | 0.01% |
1,781,455
+88,307
| +5% | +$919K |
|
1329
Teladoc Health
TDOC
$1.22B
| $18M | 0.01% |
447,469
+19,157
| +4% | +$723K |
|
1330
Sally Beauty Holdings
SBH
$1.43B
| $18M | 0.01% |
1,092,988
+5,175
| +0.5% | +$88.7K |
|
1331
The Greenbrier Companies
GBX
$1.52B
| $18M | 0.01% |
357,438
-2,974
| -0.8% | -$151K |
|
|
SGI
1332
Somnigroup International
SGI
$13.7B
| $17.9M | 0.01% |
1,581,304
+66,892
| +4% | +$918K |
|
1333
First Financial Bancorp
FFBC
$3.55B
| $17.9M | 0.01% |
608,891
-20,678
| -3% | -$583K |
|
1334
ABM Industries
ABM
$2.81B
| $17.9M | 0.01% |
533,643
+68,205
| +15% | +$2.5M |
|
|
SFBS
1335
ServisFirst Bancshares
SFBS
$4.89B
| $17.8M | 0.01% |
437,059
+8,774
| +2% | +$368K |
|
1336
Eagle Bancorp
EGBN
$846M
| $17.8M | 0.01% |
297,758
-322
| -0.1% | -$19.9K |
|
|
GCP
1337
DELISTED
GCP Applied Technologies Inc.
GCP
| $17.8M | 0.01% |
613,364
+20,443
| +3% | +$659K |
|
|
FLOW
1338
DELISTED
SPX FLOW, Inc.
FLOW
| $17.8M | 0.01% |
362,170
+1,998
| +0.6% | +$97.2K |
|
|
MDP
1339
DELISTED
Meredith Corporation
MDP
| $17.8M | 0.01% |
330,864
+7,712
| +2% | +$458K |
|
1340
Ingersoll Rand
IR
$32.6B
| $17.8M | 0.01% |
579,590
+23,505
| +4% | +$783K |
|
1341
Pricesmart
PSMT
$5.98B
| $17.8M | 0.01% |
212,631
+4,407
| +2% | +$363K |
|
1342
Emergent Biosolutions
EBS
$373M
| $17.7M | 0.01% |
335,881
+3,954
| +1% | +$197K |
|
1343
Red Rock Resorts
RRR
$3.77B
| $17.7M | 0.01% |
603,679
+18,452
| +3% | +$607K |
|
1344
Cleveland-Cliffs
CLF
$6.57B
| $17.7M | 0.01% |
2,542,510
-210,630
| -8% | -$1.58M |
|
|
ARGO
1345
DELISTED
Argo Group International Holdings, Ltd.
ARGO
| $17.6M | 0.01% |
307,342
+680
| +0.2% | +$36.6K |
|
1346
Saia
SAIA
$9.27B
| $17.6M | 0.01% |
234,461
+4,940
| +2% | +$367K |
|
1347
Renasant Corp
RNST
$3.98B
| $17.6M | 0.01% |
413,322
+7,439
| +2% | +$320K |
|
|
ARNA
1348
DELISTED
Arena Pharmaceuticals Inc
ARNA
| $17.6M | 0.01% |
445,099
+93,918
| +27% | +$3.65M |
|
1349
Medifast
MED
$109M
| $17.6M | 0.01% |
187,823
+265
| +0.1% | +$19.8K |
|
1350
Ormat Technologies
ORA
$6B
| $17.5M | 0.01% |
310,766
-22,782
| -7% | -$1.42M |
|
Similar funds
Geode Capital Management's Q1 2018 Portfolio in Review
As of Q1 2018, Geode Capital Management held 4,157 positions worth $307B, up 4.2% from $294B the previous quarter. Its ten largest holdings account for 17% of the portfolio.
Geode Capital Management deployed $15.6B of net new capital in Q1 2018, opening 131 new positions and adding to 2,872 existing holdings. Its largest new stake was GCI Liberty, Inc. Class A Common Stock (DE): 899,850 shares worth $47.6M.
By sector, the portfolio is most concentrated in Technology at 18% of assets, up from 17% a quarter earlier, followed by Financials and Healthcare.
On the sell side, the largest reduction was Enbridge, an estimated $27.1M trimmed.
- Geode Capital Management's largest Q1 2018 buy was GCI Liberty, Inc. Class A Common Stock (DE): 899,850 shares worth $47.6M.
- Geode Capital Management added most to Microsoft in Q1 2018, an estimated $442M increase.
- Geode Capital Management's biggest Q1 2018 reduction was Enbridge, cutting an estimated $27.1M.
- Geode Capital Management fully exited Scripps Networks Interactive, Inc Common Class A in Q1 2018, selling an estimated $90M.
- Geode Capital Management's ten largest holdings make up 17% of its $307B portfolio in Q1 2018.
- Geode Capital Management opened 131 new positions and closed 108 in Q1 2018.
- Geode Capital Management's portfolio value rose 4.2% quarter-over-quarter to $307B.
Based on Geode Capital Management's 13F filing for Q1 2018, filed 15 May 2018.