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 | |
|---|---|---|---|---|---|---|
|
NXGN
1651
DELISTED
NextGen Healthcare, Inc. Common Stock
NXGN
| $11.4M | ﹤0.01% |
837,707
+29,961
| +4% | +$395K |
|
1652
Virtu Financial
VIRT
$5.04B
| $11.4M | ﹤0.01% |
345,871
+5,090
| +1% | +$132K |
|
1653
Acco Brands
ACCO
$400M
| $11.4M | ﹤0.01% |
908,107
-1,203
| -0.1% | -$15.1K |
|
|
AFSI
1654
DELISTED
AmTrust Financial Services, Inc.
AFSI
| $11.4M | ﹤0.01% |
925,348
+15,447
| +2% | +$194K |
|
|
ALX
1655
Alexander's
ALX
$1.36B
| $11.3M | ﹤0.01% |
29,767
+1,203
| +4% | +$447K |
|
|
ATSG
1656
DELISTED
Air Transport Services Group
ATSG
| $11.3M | ﹤0.01% |
486,408
-2,310
| -0.5% | -$56.7K |
|
|
B
1657
Barrick Mining
B
$62.6B
| $11.3M | ﹤0.01% |
919,785
+107,356
| +13% | +$1.43M |
|
|
BMCH
1658
DELISTED
BMC Stock Holdings, Inc
BMCH
| $11.3M | ﹤0.01% |
579,947
+30,474
| +6% | +$651K |
|
|
ACH
1659
Accendra Health
ACH
$262M
| $11.3M | ﹤0.01% |
727,955
-130,781
| -15% | -$2.33M |
|
1660
Vipshop
VIPS
$7.45B
| $11.3M | ﹤0.01% |
686,493
+58,735
| +9% | +$971K |
|
1661
LGI Homes
LGIH
$1.3B
| $11.3M | ﹤0.01% |
160,208
+4,898
| +3% | +$331K |
|
1662
Scansource
SCSC
$1.16B
| $11.3M | ﹤0.01% |
317,839
-23,577
| -7% | -$806K |
|
1663
Strategy Inc
MSTR
$34.9B
| $11.3M | ﹤0.01% |
875,780
+17,850
| +2% | +$240K |
|
1664
Clearway Energy Class C
CWEN
$4.98B
| $11.3M | ﹤0.01% |
664,269
+95,309
| +17% | +$1.67M |
|
|
NP
1665
DELISTED
Neenah, Inc. Common Stock
NP
| $11.3M | ﹤0.01% |
143,998
+3,050
| +2% | +$259K |
|
1666
Federal Signal
FSS
$7.86B
| $11.3M | ﹤0.01% |
512,526
+28,039
| +6% | +$580K |
|
|
INST
1667
DELISTED
Instructure, Inc.
INST
| $11.3M | ﹤0.01% |
267,507
+48,231
| +22% | +$1.9M |
|
1668
Apogee Enterprises
APOG
$877M
| $11.3M | ﹤0.01% |
259,873
+4,495
| +2% | +$201K |
|
1669
Varonis Systems
VRNS
$4.75B
| $11.3M | ﹤0.01% |
558,195
+15,663
| +3% | +$290K |
|
1670
Insight Enterprises
NSIT
$4.06B
| $11.3M | ﹤0.01% |
322,137
+6,721
| +2% | +$243K |
|
|
IMGN
1671
DELISTED
Immunogen Inc
IMGN
| $11.2M | ﹤0.01% |
1,066,394
+111,201
| +12% | +$1.1M |
|
|
CRZO
1672
DELISTED
Carrizo Oil & Gas Inc
CRZO
| $11.2M | ﹤0.01% |
700,644
+12,698
| +2% | +$238K |
|
1673
Asbury Automotive
ABG
$4.26B
| $11.2M | ﹤0.01% |
165,640
+3,569
| +2% | +$247K |
|
|
HEES
1674
DELISTED
H&E Equipment Services
HEES
| $11.1M | ﹤0.01% |
289,676
+13,778
| +5% | +$542K |
|
1675
Adeia
ADEA
$3.05B
| $11.1M | ﹤0.01% |
1,991,073
+304,448
| +18% | +$1.81M |
|
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.