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 | |
|---|---|---|---|---|---|---|
1376
EXL Service
EXLS
$5.14B
| $16.7M | 0.01% |
1,500,765
+29,155
| +2% | +$348K |
|
1377
Worthington Enterprises
WOR
$2.75B
| $16.7M | 0.01% |
632,071
+949
| +0.2% | +$26.6K |
|
1378
Central Garden & Pet Co Class A
CENTA
$2.37B
| $16.6M | 0.01% |
525,420
-55,336
| -10% | -$1.66M |
|
1379
Tenet Healthcare
THC
$20.5B
| $16.6M | 0.01% |
685,266
+26,143
| +4% | +$521K |
|
1380
Shenandoah Telecom
SHEN
$664M
| $16.6M | 0.01% |
461,068
+48,741
| +12% | +$1.62M |
|
|
AVYA
1381
DELISTED
Avaya Holdings Corp. Common Stock
AVYA
| $16.5M | 0.01% |
+738,446
| New | +$15.8M |
|
|
SINA
1382
DELISTED
Sina Corp
SINA
| $16.5M | 0.01% |
158,990
+24,005
| +18% | +$2.75M |
|
1383
Extreme Networks
EXTR
$3.94B
| $16.5M | 0.01% |
1,488,090
+132,495
| +10% | +$1.67M |
|
1384
Insmed
INSM
$21.4B
| $16.5M | 0.01% |
731,229
+39,247
| +6% | +$1.03M |
|
|
AMED
1385
DELISTED
Amedisys
AMED
| $16.4M | 0.01% |
272,554
-2,438
| -0.9% | -$139K |
|
|
FOE
1386
DELISTED
Ferro Corporation
FOE
| $16.4M | 0.01% |
706,888
+30,845
| +5% | +$715K |
|
|
CVA
1387
DELISTED
Covanta Holding Corporation
CVA
| $16.4M | 0.01% |
1,131,999
+61,147
| +6% | +$963K |
|
1388
NETGEAR
NTGR
$648M
| $16.4M | 0.01% |
286,932
+2,466
| +0.9% | +$152K |
|
1389
Otter Tail
OTTR
$3.71B
| $16.4M | 0.01% |
377,998
+8,664
| +2% | +$363K |
|
1390
Quaker Houghton
KWR
$2.76B
| $16.4M | 0.01% |
110,593
+2,378
| +2% | +$360K |
|
1391
Rogers Communications
RCI
$18.3B
| $16.3M | 0.01% |
+367,309
| New | +$17.2M |
|
|
INN
1392
Summit Hotel Properties
INN
$746M
| $16.3M | 0.01% |
1,195,492
-81,716
| -6% | -$1.17M |
|
1393
LiveRamp
RAMP
$2.3B
| $16.3M | 0.01% |
715,952
+22,655
| +3% | +$647K |
|
|
FNSR
1394
DELISTED
Finisar Corp
FNSR
| $16.3M | 0.01% |
1,028,433
+32,994
| +3% | +$623K |
|
|
TIVO
1395
DELISTED
Tivo Inc
TIVO
| $16.2M | 0.01% |
1,198,909
+49,008
| +4% | +$699K |
|
|
TLRD
1396
DELISTED
Tailored Brands, Inc.
TLRD
| $16.2M | 0.01% |
646,595
-24,083
| -4% | -$558K |
|
|
SNBR
1397
DELISTED
Sleep Number
SNBR
| $16.2M | 0.01% |
460,788
+23,440
| +5% | +$858K |
|
1398
SM Energy
SM
$7.8B
| $16.1M | 0.01% |
894,361
+15,047
| +2% | +$325K |
|
|
PINC
1399
DELISTED
Premier
PINC
| $16.1M | 0.01% |
514,734
+8,177
| +2% | +$264K |
|
|
MANT
1400
DELISTED
Mantech International Corp
MANT
| $16.1M | 0.01% |
290,502
+39,991
| +16% | +$2.13M |
|
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.