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 | |
|---|---|---|---|---|---|---|
1451
Innospec
IOSP
$2.12B
| $15.1M | ﹤0.01% |
219,932
+5,080
| +2% | +$353K |
|
|
ABAX
1452
DELISTED
Abaxis Inc
ABAX
| $15.1M | ﹤0.01% |
213,651
+4,644
| +2% | +$312K |
|
1453
Aaon
AAON
$7.3B
| $15.1M | ﹤0.01% |
580,088
+12,897
| +2% | +$313K |
|
|
DOOR
1454
DELISTED
MASONITE INTERNATIONAL CORP
DOOR
| $15.1M | ﹤0.01% |
245,452
+4,870
| +2% | +$328K |
|
1455
Chegg
CHGG
$110M
| $15.1M | ﹤0.01% |
728,722
+47,389
| +7% | +$897K |
|
|
RAD
1456
DELISTED
Rite Aid Corporation
RAD
| $15M | ﹤0.01% |
446,911
+16,795
| +4% | +$664K |
|
|
CBM
1457
DELISTED
Cambrex Corporation
CBM
| $15M | ﹤0.01% |
286,984
+6,719
| +2% | +$359K |
|
|
WW
1458
DELISTED
WW International
WW
| $15M | ﹤0.01% |
235,454
+4,620
| +2% | +$296K |
|
1459
CONMED
CNMD
$1.39B
| $15M | ﹤0.01% |
236,846
+5,421
| +2% | +$324K |
|
1460
World Kinect Corp
WKC
$2.04B
| $15M | ﹤0.01% |
609,751
-2,992
| -0.5% | -$76.9K |
|
|
MULE
1461
DELISTED
MuleSoft, Inc.
MULE
| $15M | ﹤0.01% |
339,988
+2,410
| +0.7% | +$71.7K |
|
|
MSGN
1462
DELISTED
MSG Networks Inc.
MSGN
| $15M | ﹤0.01% |
661,570
+12,693
| +2% | +$299K |
|
1463
FIVE9
FIVN
$2.11B
| $14.9M | ﹤0.01% |
501,076
+13,504
| +3% | +$370K |
|
1464
Matthews International
MATW
$866M
| $14.9M | ﹤0.01% |
294,865
+6,244
| +2% | +$331K |
|
1465
Franco-Nevada
FNV
$41.1B
| $14.9M | ﹤0.01% |
+220,196
| New | +$16.1M |
|
|
KAMN
1466
DELISTED
Kaman Corp
KAMN
| $14.9M | ﹤0.01% |
240,026
+5,072
| +2% | +$311K |
|
|
MTOR
1467
DELISTED
MERITOR, Inc.
MTOR
| $14.9M | ﹤0.01% |
725,197
-62,473
| -8% | -$1.51M |
|
1468
Omnicell
OMCL
$1.61B
| $14.9M | ﹤0.01% |
343,486
+7,617
| +2% | +$350K |
|
|
PPBI
1469
DELISTED
Pacific Premier Bancorp
PPBI
| $14.8M | ﹤0.01% |
369,102
+7,609
| +2% | +$317K |
|
1470
Liberty Latin America Class C
LILAK
$1.63B
| $14.8M | ﹤0.01% |
906,099
-998,102
| -52% | -$18.4M |
|
1471
Crocs
CROX
$6.14B
| $14.8M | ﹤0.01% |
910,922
+151,924
| +20% | +$2.11M |
|
|
CASA
1472
DELISTED
Casa Systems, Inc. Common Stock
CASA
| $14.8M | ﹤0.01% |
+503,441
| New | +$11.3M |
|
1473
Horace Mann Educators
HMN
$2.1B
| $14.8M | ﹤0.01% |
345,385
+7,618
| +2% | +$324K |
|
1474
LXP Industrial Trust
LXP
$3.57B
| $14.7M | ﹤0.01% |
374,800
+7,633
| +2% | +$325K |
|
1475
Westamerica Bancorp
WABC
$1.38B
| $14.7M | ﹤0.01% |
253,427
+5,617
| +2% | +$333K |
|
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.