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 | |
|---|---|---|---|---|---|---|
1476
Weibo
WB
$2B
| $14.7M | ﹤0.01% |
123,570
+11,130
| +10% | +$1.42M |
|
|
HMSY
1477
DELISTED
HMS Holdings Corp.
HMSY
| $14.7M | ﹤0.01% |
871,924
-7,310
| -0.8% | -$123K |
|
|
GPOR
1478
DELISTED
Gulfport Energy Corp.
GPOR
| $14.7M | ﹤0.01% |
1,521,491
+47,641
| +3% | +$508K |
|
1479
Herc Holdings
HRI
$5.02B
| $14.7M | ﹤0.01% |
225,923
+3,859
| +2% | +$252K |
|
|
DYN
1480
DELISTED
Dynegy, Inc.
DYN
| $14.6M | ﹤0.01% |
1,082,470
+59,786
| +6% | +$745K |
|
|
NGHC
1481
DELISTED
National General Holdings Corp
NGHC
| $14.6M | ﹤0.01% |
601,266
+9,195
| +2% | +$198K |
|
|
PAY
1482
DELISTED
Verifone Systems Inc
PAY
| $14.6M | ﹤0.01% |
950,319
-3,467
| -0.4% | -$60.5K |
|
1483
Pilgrim's Pride
PPC
$6.51B
| $14.6M | ﹤0.01% |
593,322
-96,199
| -14% | -$2.58M |
|
1484
Mueller Water Products
MWA
$3.95B
| $14.6M | ﹤0.01% |
1,339,050
+24,117
| +2% | +$278K |
|
1485
Forward Air
FWRD
$444M
| $14.5M | ﹤0.01% |
274,691
+5,255
| +2% | +$299K |
|
|
MDC
1486
DELISTED
M.D.C. Holdings, Inc.
MDC
| $14.5M | ﹤0.01% |
606,168
-113,546
| -16% | -$3M |
|
1487
G-III Apparel Group
GIII
$1.54B
| $14.5M | ﹤0.01% |
384,738
+8,061
| +2% | +$299K |
|
|
TGI
1488
DELISTED
Triumph Group
TGI
| $14.5M | ﹤0.01% |
574,242
+77,719
| +16% | +$2.12M |
|
1489
Meritage Homes
MTH
$4.58B
| $14.5M | ﹤0.01% |
639,050
+22,448
| +4% | +$535K |
|
1490
8x8 Inc
EGHT
$269M
| $14.5M | ﹤0.01% |
775,215
+5,148
| +0.7% | +$91.1K |
|
|
PEGI
1491
DELISTED
Pattern Energy Group Inc. Class A
PEGI
| $14.4M | ﹤0.01% |
835,799
+13,498
| +2% | +$262K |
|
1492
Corcept Therapeutics
CORT
$12.4B
| $14.4M | ﹤0.01% |
878,255
-67,095
| -7% | -$1.24M |
|
1493
BCE
BCE
$20.2B
| $14.4M | ﹤0.01% |
337,175
-25,646
| -7% | -$1.15M |
|
1494
Northwest Natural Holdings
NWN
$2.06B
| $14.4M | ﹤0.01% |
250,404
-7,761
| -3% | -$436K |
|
|
CZR
1495
DELISTED
Caesars Entertainment Corporation
CZR
| $14.4M | ﹤0.01% |
1,275,670
+6,317
| +0.5% | +$81.1K |
|
|
CALY
1496
Callaway Golf Company
CALY
$3.32B
| $14.3M | ﹤0.01% |
875,467
+45,278
| +5% | +$689K |
|
|
XLRN
1497
DELISTED
Acceleron Pharma
XLRN
| $14.3M | ﹤0.01% |
365,338
+14,906
| +4% | +$634K |
|
1498
Cavco Industries
CVCO
$4.22B
| $14.3M | ﹤0.01% |
82,096
+3,682
| +5% | +$609K |
|
|
TRTN
1499
DELISTED
Triton International Limited
TRTN
| $14.2M | ﹤0.01% |
464,700
+28,216
| +6% | +$944K |
|
|
CUB
1500
DELISTED
Cubic Corporation
CUB
| $14.2M | ﹤0.01% |
223,189
+4,786
| +2% | +$292K |
|
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.