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 |
Linde
LIN
|
+$1.01B |
| 2 |
Microsoft
MSFT
|
+$761M |
| 3 |
Apple
AAPL
|
+$685M |
| 4 |
Amazon
AMZN
|
+$507M |
| 5 |
Cigna
CI
|
+$391M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
AET
Aetna Inc
AET
|
+$741M |
| 2 |
ESRX
Express Scripts Holding Company
ESRX
|
+$651M |
| 3 |
PX
Praxair Inc
PX
|
+$555M |
| 4 |
COL
Rockwell Collins
COL
|
+$293M |
| 5 |
CA
CA, Inc.
CA
|
+$178M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 17.64% |
| 2 | Financials | 15.19% |
| 3 | Healthcare | 14.85% |
| 4 | Consumer Discretionary | 10.09% |
| 5 | Industrials | 9.41% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
MINI
1426
DELISTED
Mobile Mini Inc
MINI
| $16.2M | 0.01% |
511,235
+43,042
| +9% | +$1.67M |
|
1427
GSK
GSK
$106B
| $16.2M | 0.01% |
339,518
+38,781
| +13% | +$1.91M |
|
1428
AnaptysBio
ANAB
$1.68B
| $16.2M | 0.01% |
253,758
+18,769
| +8% | +$1.4M |
|
1429
AeroVironment
AVAV
$9.45B
| $16.2M | 0.01% |
237,914
+13,230
| +6% | +$1.16M |
|
1430
Kite Realty
KRG
$5.36B
| $16.1M | 0.01% |
1,145,816
+106,004
| +10% | +$1.67M |
|
1431
BJs Wholesale Club
BJ
$12.3B
| $16.1M | 0.01% |
727,494
+334,974
| +85% | +$7.7M |
|
|
SYKE
1432
DELISTED
SYKES Enterprises Inc
SYKE
| $16.1M | 0.01% |
650,908
+53,567
| +9% | +$1.49M |
|
|
CUB
1433
DELISTED
Cubic Corporation
CUB
| $16.1M | 0.01% |
299,293
+50,542
| +20% | +$3.19M |
|
1434
Nelnet
NNI
$4.7B
| $16M | 0.01% |
306,607
+18,172
| +6% | +$979K |
|
|
ECOL
1435
DELISTED
US Ecology, Inc.
ECOL
| $16M | 0.01% |
254,447
+22,292
| +10% | +$1.5M |
|
|
AVYA
1436
DELISTED
Avaya Holdings Corp. Common Stock
AVYA
| $16M | ﹤0.01% |
1,096,755
+59,489
| +6% | +$1.01M |
|
1437
SM Energy
SM
$6.87B
| $15.9M | ﹤0.01% |
1,028,604
+54,539
| +6% | +$1.26M |
|
1438
BancFirst
BANF
$3.8B
| $15.9M | ﹤0.01% |
319,022
+14,030
| +5% | +$781K |
|
1439
WIX.com
WIX
$2.52B
| $15.9M | ﹤0.01% |
176,387
+139,411
| +377% | +$13.2M |
|
1440
Regenxbio
RGNX
$708M
| $15.9M | ﹤0.01% |
378,788
+40,159
| +12% | +$2.36M |
|
|
CORE
1441
DELISTED
Core Mark Holding Co., Inc.
CORE
| $15.8M | ﹤0.01% |
680,867
+57,703
| +9% | +$1.76M |
|
|
CPE
1442
DELISTED
Callon Petroleum Company
CPE
| $15.8M | ﹤0.01% |
243,223
+19,292
| +9% | +$1.86M |
|
|
AERI
1443
DELISTED
Aerie Pharmaceuticals
AERI
| $15.7M | ﹤0.01% |
435,883
+20,539
| +5% | +$964K |
|
|
NTRI
1444
DELISTED
NutriSystem, Inc.
NTRI
| $15.7M | ﹤0.01% |
358,298
+24,805
| +7% | +$937K |
|
1445
Pricesmart
PSMT
$5.46B
| $15.7M | ﹤0.01% |
265,966
+24,861
| +10% | +$1.71M |
|
1446
Corcept Therapeutics
CORT
$12B
| $15.7M | ﹤0.01% |
1,175,034
+85,705
| +8% | +$1.13M |
|
1447
Newmark Group
NMRK
$2.63B
| $15.6M | ﹤0.01% |
1,948,562
+1,267,507
| +186% | +$12M |
|
1448
Vanda Pharmaceuticals
VNDA
$302M
| $15.6M | ﹤0.01% |
596,626
+6,666
| +1% | +$157K |
|
1449
Werner Enterprises
WERN
$2.25B
| $15.6M | ﹤0.01% |
527,516
+26,459
| +5% | +$862K |
|
1450
Chord Energy
CHRD
$7.39B
| $15.6M | ﹤0.01% |
2,814,612
+209,432
| +8% | +$1.9M |
|
Similar funds
Geode Capital Management's Q4 2018 Portfolio in Review
As of Q4 2018, Geode Capital Management held 4,266 positions worth $323B, down 8.8% from $355B the previous quarter. Its ten largest holdings account for 17% of the portfolio.
Geode Capital Management deployed $21.9B of net new capital in Q4 2018, opening 149 new positions and adding to 3,108 existing holdings. Its largest new stake was Linde: 6,406,340 shares worth $998M.
By sector, the portfolio is most concentrated in Technology at 18% of assets, down from 19% a quarter earlier, followed by Financials and Healthcare.
On the sell side, the largest reduction was Dell, an estimated $92.5M trimmed.
- Geode Capital Management's largest Q4 2018 buy was Linde: 6,406,340 shares worth $998M.
- Geode Capital Management added most to Microsoft in Q4 2018, an estimated $761M increase.
- Geode Capital Management's biggest Q4 2018 reduction was Dell, cutting an estimated $92.5M.
- Geode Capital Management fully exited Aetna Inc in Q4 2018, selling an estimated $741M.
- Geode Capital Management's ten largest holdings make up 17% of its $323B portfolio in Q4 2018.
- Geode Capital Management opened 149 new positions and closed 120 in Q4 2018.
- Geode Capital Management's portfolio value fell 8.8% quarter-over-quarter to $323B.
Based on Geode Capital Management's 13F filing for Q4 2018, filed 13 Feb 2019.