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 | |
|---|---|---|---|---|---|---|
1501
Enviri
NVRI
$623M
| $14.1M | ﹤0.01% |
685,056
+15,082
| +2% | +$289K |
|
1502
Abercrombie & Fitch
ANF
$4.42B
| $14.1M | ﹤0.01% |
583,644
+19,406
| +3% | +$410K |
|
1503
Mercury Insurance
MCY
$5.93B
| $14.1M | ﹤0.01% |
307,331
+1,091
| +0.4% | +$52K |
|
|
ALEX
1504
DELISTED
Alexander & Baldwin
ALEX
| $14.1M | ﹤0.01% |
609,198
+230,088
| +61% | +$5.76M |
|
|
SYKE
1505
DELISTED
SYKES Enterprises Inc
SYKE
| $14.1M | ﹤0.01% |
486,481
-693
| -0.1% | -$21K |
|
1506
Integer Holdings
ITGR
$4.12B
| $14.1M | ﹤0.01% |
248,811
+12,755
| +5% | +$642K |
|
1507
Nelnet
NNI
$4.88B
| $14.1M | ﹤0.01% |
268,309
+891
| +0.3% | +$47.2K |
|
1508
WSFS Financial
WSFS
$4.12B
| $14.1M | ﹤0.01% |
293,558
+11,840
| +4% | +$585K |
|
1509
Interface
TILE
$1.99B
| $14M | ﹤0.01% |
555,842
+1,195
| +0.2% | +$29.6K |
|
|
LKSD
1510
DELISTED
LSC Communications, Inc.
LKSD
| $14M | ﹤0.01% |
802,511
+57,175
| +8% | +$851K |
|
1511
Brinker International
EAT
$9.17B
| $14M | ﹤0.01% |
387,116
-346
| -0.1% | -$12.6K |
|
1512
Primoris Services
PRIM
$4.58B
| $14M | ﹤0.01% |
558,729
+117,785
| +27% | +$3.02M |
|
1513
Enpro
NPO
$6.63B
| $13.9M | ﹤0.01% |
180,121
+1,204
| +0.7% | +$99.4K |
|
1514
SolarEdge
SEDG
$2.51B
| $13.8M | ﹤0.01% |
263,331
+11,689
| +5% | +$512K |
|
1515
Penske Automotive Group
PAG
$14.3B
| $13.8M | ﹤0.01% |
310,911
-7,728
| -2% | -$375K |
|
1516
Papa John's
PZZA
$984M
| $13.8M | ﹤0.01% |
240,206
-1,391
| -0.6% | -$83.2K |
|
1517
BancFirst
BANF
$3.79B
| $13.8M | ﹤0.01% |
259,026
+6,713
| +3% | +$367K |
|
|
AAWW
1518
DELISTED
Atlas Air Worldwide Holdings, Inc.
AAWW
| $13.7M | ﹤0.01% |
227,156
+4,622
| +2% | +$274K |
|
|
LGF.A
1519
DELISTED
Lions Gate Entertainment Corp. Class A Voting Shares
LGF.A
| $13.7M | ﹤0.01% |
531,137
+105,269
| +25% | +$3.21M |
|
1520
Atara Biotherapeutics
ATRA
$75.5M
| $13.7M | ﹤0.01% |
14,070
+6,196
| +79% | +$5.65M |
|
1521
S&T Bancorp
STBA
$1.84B
| $13.7M | ﹤0.01% |
342,909
+9,218
| +3% | +$375K |
|
|
ODP
1522
DELISTED
ODP
ODP
| $13.7M | ﹤0.01% |
636,387
+21,360
| +3% | +$629K |
|
|
LQ
1523
DELISTED
La Quinta Holdings Inc.
LQ
| $13.7M | ﹤0.01% |
723,425
+66,584
| +10% | +$1.26M |
|
1524
iShares Core S&P Mid-Cap ETF
IJH
$122B
| – | – |
0
| – | – |
|
1525
HNI Corp
HNI
$3.24B
| $13.6M | ﹤0.01% |
377,118
-10,877
| -3% | -$416K |
|
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.