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 | |
|---|---|---|---|---|---|---|
|
MNTA
1551
DELISTED
Momenta Pharmaceuticals, Inc.
MNTA
| $13.2M | ﹤0.01% |
727,675
-10,832
| -1% | -$181K |
|
|
DMC
1552
Del Monte Corp
DMC
$1.43B
| $13.1M | ﹤0.01% |
290,257
-52,342
| -15% | -$2.47M |
|
1553
Heron Therapeutics
HRTX
$96.4M
| $13.1M | ﹤0.01% |
475,700
+78,244
| +20% | +$1.77M |
|
|
MRC
1554
DELISTED
MRC Global
MRC
| $13.1M | ﹤0.01% |
797,243
+15,599
| +2% | +$273K |
|
1555
Kulicke & Soffa
KLIC
$4.71B
| $13.1M | ﹤0.01% |
523,693
+27,785
| +6% | +$669K |
|
|
KRA
1556
DELISTED
Kraton Corporation
KRA
| $13.1M | ﹤0.01% |
274,310
+20,902
| +8% | +$1.01M |
|
|
WWE
1557
DELISTED
World Wrestling Entertainment
WWE
| $13.1M | ﹤0.01% |
362,860
+32,731
| +10% | +$1.15M |
|
1558
Mueller Industries
MLI
$14.7B
| $13.1M | ﹤0.01% |
1,997,176
+29,692
| +2% | +$224K |
|
|
IPXL
1559
DELISTED
Impax Laboratories, Inc.
IPXL
| $13M | ﹤0.01% |
670,206
+12,175
| +2% | +$239K |
|
1560
Orthofix Medical
OFIX
$500M
| $13M | ﹤0.01% |
221,369
-3,867
| -2% | -$217K |
|
1561
First Bancorp
FBP
$4.44B
| $13M | ﹤0.01% |
2,160,516
-130,158
| -6% | -$766K |
|
1562
Pacira BioSciences
PCRX
$1.04B
| $13M | ﹤0.01% |
417,399
-3,838
| -0.9% | -$137K |
|
|
SASR
1563
DELISTED
Sandy Spring Bancorp Inc
SASR
| $13M | ﹤0.01% |
335,223
-19,420
| -5% | -$757K |
|
1564
Prothena Corp
PRTA
$435M
| $13M | ﹤0.01% |
353,327
+8,017
| +2% | +$292K |
|
1565
Wingstop
WING
$3.53B
| $13M | ﹤0.01% |
274,537
-399
| -0.1% | -$18.3K |
|
1566
HUB Group
HUBG
$2.84B
| $12.9M | ﹤0.01% |
618,564
+39,208
| +7% | +$914K |
|
|
ESPR
1567
DELISTED
Esperion Therapeutics
ESPR
| $12.9M | ﹤0.01% |
178,743
+4,663
| +3% | +$342K |
|
1568
Badger Meter
BMI
$3.99B
| $12.9M | ﹤0.01% |
272,963
+12,463
| +5% | +$603K |
|
|
CTB
1569
DELISTED
Cooper Tire & Rubber Co.
CTB
| $12.9M | ﹤0.01% |
438,977
+8,566
| +2% | +$299K |
|
1570
Oil States International
OIS
$478M
| $12.9M | ﹤0.01% |
490,586
+68,304
| +16% | +$1.96M |
|
1571
iShares MSCI Emerging Markets ETF
EEM
$28.6B
| – | – |
0
| – | – |
|
|
COUP
1572
DELISTED
Coupa Software Incorporated
COUP
| $12.8M | ﹤0.01% |
280,681
-2,426
| -0.9% | -$99.7K |
|
1573
ESCO Technologies
ESE
$8.2B
| $12.8M | ﹤0.01% |
218,473
+10,119
| +5% | +$621K |
|
1574
Q2 Holdings
QTWO
$3.87B
| $12.8M | ﹤0.01% |
280,780
+14,008
| +5% | +$605K |
|
|
FMI
1575
DELISTED
Foundation Medicine, Inc.
FMI
| $12.8M | ﹤0.01% |
162,410
+990
| +0.6% | +$73.1K |
|
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.