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 | |
|---|---|---|---|---|---|---|
|
DOOR
1551
DELISTED
MASONITE INTERNATIONAL CORP
DOOR
| $13.5M | ﹤0.01% |
300,375
+19,388
| +7% | +$1.05M |
|
|
NTUS
1552
DELISTED
Natus Medical Inc
NTUS
| $13.5M | ﹤0.01% |
395,331
+49,450
| +14% | +$1.61M |
|
1553
GameStop
GME
$8.6B
| $13.4M | ﹤0.01% |
4,262,032
+279,800
| +7% | +$979K |
|
1554
DNOW Inc
DNOW
$2.99B
| $13.4M | ﹤0.01% |
1,154,565
+85,787
| +8% | +$1.2M |
|
|
RWT
1555
Redwood Trust
RWT
$594M
| $13.4M | ﹤0.01% |
890,765
+119,958
| +16% | +$1.94M |
|
1556
TFS Financial
TFSL
$4.93B
| $13.4M | ﹤0.01% |
831,928
+12,375
| +2% | +$190K |
|
|
NXGN
1557
DELISTED
NextGen Healthcare, Inc. Common Stock
NXGN
| $13.4M | ﹤0.01% |
885,617
+41,071
| +5% | +$705K |
|
|
VRTU
1558
DELISTED
Virtusa Corporation
VRTU
| $13.4M | ﹤0.01% |
314,846
+18,138
| +6% | +$829K |
|
1559
Cavco Industries
CVCO
$4.55B
| $13.4M | ﹤0.01% |
102,745
+4,586
| +5% | +$829K |
|
1560
Brookdale Senior Living
BKD
$3.4B
| $13.4M | ﹤0.01% |
1,999,066
+184,405
| +10% | +$1.55M |
|
1561
WSFS Financial
WSFS
$4.15B
| $13.4M | ﹤0.01% |
353,275
+17,241
| +5% | +$726K |
|
1562
Pembina Pipeline
PBA
$27.6B
| $13.4M | ﹤0.01% |
445,461
+80,731
| +22% | +$2.68M |
|
1563
AngioDynamics
ANGO
$649M
| $13.4M | ﹤0.01% |
664,744
+14,997
| +2% | +$310K |
|
|
PPBI
1564
DELISTED
Pacific Premier Bancorp
PPBI
| $13.4M | ﹤0.01% |
524,040
+51,587
| +11% | +$1.56M |
|
1565
Laureate Education
LAUR
$5.28B
| $13.3M | ﹤0.01% |
874,682
+208,805
| +31% | +$3.13M |
|
|
CBM
1566
DELISTED
Cambrex Corporation
CBM
| $13.3M | ﹤0.01% |
353,011
+26,856
| +8% | +$1.36M |
|
|
MRTX
1567
DELISTED
Mirati Therapeutics, Inc. Common Stock
MRTX
| $13.3M | ﹤0.01% |
314,218
+25,293
| +9% | +$1.01M |
|
1568
The Greenbrier Companies
GBX
$1.46B
| $13.3M | ﹤0.01% |
336,900
-3,874
| -1% | -$191K |
|
1569
Enpro
NPO
$7.05B
| $13.3M | ﹤0.01% |
221,314
+18,505
| +9% | +$1.23M |
|
|
CLDR
1570
DELISTED
Cloudera, Inc.
CLDR
| $13.3M | ﹤0.01% |
1,202,086
+21,891
| +2% | +$291K |
|
|
WBT
1571
DELISTED
Welbilt, Inc.
WBT
| $13.3M | ﹤0.01% |
1,196,376
+62,101
| +5% | +$958K |
|
|
SEND
1572
DELISTED
SendGrid, Inc.
SEND
| $13.3M | ﹤0.01% |
307,872
-33,830
| -10% | -$1.3M |
|
|
ATRI
1573
DELISTED
Atrion Corp
ATRI
| $13.3M | ﹤0.01% |
17,922
+446
| +3% | +$319K |
|
1574
Cannae Holdings
CNNE
$649M
| $13.2M | ﹤0.01% |
773,057
+107,149
| +16% | +$1.93M |
|
1575
City Holding Co
CHCO
$2.04B
| $13.2M | ﹤0.01% |
195,596
+25,079
| +15% | +$1.84M |
|
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.