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 | |
|---|---|---|---|---|---|---|
1401
Benchmark Electronics
BHE
$2.87B
| $16.1M | 0.01% |
538,761
+24,530
| +5% | +$736K |
|
|
IRBT
1402
DELISTED
iRobot
IRBT
| $16.1M | 0.01% |
250,525
+10,048
| +4% | +$756K |
|
1403
FTI Consulting
FCN
$4.4B
| $16.1M | 0.01% |
331,832
+5,334
| +2% | +$241K |
|
1404
Terreno Realty
TRNO
$7.57B
| $16.1M | 0.01% |
465,142
+15,124
| +3% | +$519K |
|
|
CSFL
1405
DELISTED
CenterState Bank Corporation Common Stock
CSFL
| $16M | 0.01% |
604,396
-4,572
| -0.8% | -$122K |
|
1406
Monro
MNRO
$383M
| $16M | 0.01% |
299,052
+6,450
| +2% | +$358K |
|
|
EBIX
1407
DELISTED
Ebix Inc
EBIX
| $16M | 0.01% |
215,091
+7,285
| +4% | +$592K |
|
1408
Groupon
GRPN
$1.05B
| $16M | 0.01% |
184,162
+2,663
| +1% | +$258K |
|
1409
First Merchants
FRME
$2.68B
| $16M | 0.01% |
383,187
+7,728
| +2% | +$331K |
|
1410
Novanta
NOVT
$5.08B
| $16M | 0.01% |
306,210
+4,979
| +2% | +$273K |
|
1411
Werner Enterprises
WERN
$2.24B
| $15.9M | 0.01% |
436,761
+32,457
| +8% | +$1.26M |
|
1412
Capitol Federal Financial
CFFN
$1.09B
| $15.9M | 0.01% |
1,290,664
+38,867
| +3% | +$505K |
|
|
TVTY
1413
DELISTED
Tivity Health, Inc. Common Stock
TVTY
| $15.9M | 0.01% |
401,709
+42,941
| +12% | +$1.67M |
|
|
SGMO
1414
DELISTED
SANGAMO THERAPEUTICS INC
SGMO
| $15.9M | 0.01% |
837,995
-2,109
| -0.3% | -$45.1K |
|
1415
Mativ Holdings
MATV
$481M
| $15.8M | 0.01% |
404,833
-973
| -0.2% | -$41.2K |
|
1416
First Hawaiian
FHB
$3.38B
| $15.8M | 0.01% |
569,167
+3,508
| +0.6% | +$102K |
|
|
ESV
1417
DELISTED
Ensco Rowan plc
ESV
| $15.8M | 0.01% |
900,622
-3,054
| -0.3% | -$67.4K |
|
1418
Oceaneering
OII
$4.86B
| $15.8M | 0.01% |
852,586
+31,394
| +4% | +$629K |
|
1419
Prestige Consumer Healthcare
PBH
$2.38B
| $15.8M | 0.01% |
467,490
+11,832
| +3% | +$454K |
|
1420
PRA Group
PRAA
$663M
| $15.8M | 0.01% |
414,686
+8,624
| +2% | +$314K |
|
1421
Kaiser Aluminum
KALU
$2.61B
| $15.8M | 0.01% |
156,162
+1,945
| +1% | +$208K |
|
|
OCLR
1422
DELISTED
Oclaro Inc.
OCLR
| $15.7M | 0.01% |
1,645,002
-18,006
| -1% | -$135K |
|
|
SEM
1423
DELISTED
Select Medical
SEM
| $15.7M | 0.01% |
1,690,500
+34,569
| +2% | +$329K |
|
|
GTT
1424
DELISTED
GTT Communications, Inc.
GTT
| $15.7M | 0.01% |
276,771
+17,144
| +7% | +$846K |
|
1425
Hilltop Holdings
HTH
$2.26B
| $15.7M | 0.01% |
667,425
-11,372
| -2% | -$288K |
|
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.