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 | |
|---|---|---|---|---|---|---|
1676
Seacoast Banking Corp of Florida
SBCF
$3.38B
| $11.1M | ﹤0.01% |
420,795
+26,526
| +7% | +$701K |
|
1677
Opko Health
OPK
$978M
| $11.1M | ﹤0.01% |
3,505,762
+76,491
| +2% | +$308K |
|
|
GES
1678
DELISTED
Guess Inc
GES
| $11.1M | ﹤0.01% |
535,302
+34,769
| +7% | +$580K |
|
1679
Employers Holdings
EIG
$910M
| $11.1M | ﹤0.01% |
274,411
+5,622
| +2% | +$233K |
|
1680
Iovance Biotherapeutics
IOVA
$1.93B
| $11.1M | ﹤0.01% |
656,714
+82,671
| +14% | +$1.25M |
|
|
RDC
1681
DELISTED
Rowan Companies Plc
RDC
| $11.1M | ﹤0.01% |
961,628
+11,759
| +1% | +$162K |
|
1682
ASML
ASML
$631B
| $11.1M | ﹤0.01% |
55,873
+2,806
| +5% | +$553K |
|
1683
Group 1 Automotive
GPI
$3.48B
| $11.1M | ﹤0.01% |
169,707
+11,513
| +7% | +$852K |
|
|
ENDP
1684
DELISTED
Endo International plc
ENDP
| $11.1M | ﹤0.01% |
1,861,592
+99,791
| +6% | +$697K |
|
|
TWNK
1685
DELISTED
Hostess Brands, Inc. Class A Common Stock
TWNK
| $11M | ﹤0.01% |
745,740
+14,981
| +2% | +$210K |
|
1686
Kelly Services Class A
KELYA
$520M
| $11M | ﹤0.01% |
379,676
+5,061
| +1% | +$147K |
|
1687
Argan
AGX
$8.31B
| $11M | ﹤0.01% |
256,303
+39,461
| +18% | +$1.66M |
|
1688
3D Systems Corp
DDD
$462M
| $11M | ﹤0.01% |
949,792
+17,607
| +2% | +$188K |
|
1689
iShares Core S&P Small-Cap ETF
IJR
$111B
| – | – |
0
| – | – |
|
|
WIRE
1690
DELISTED
Encore Wire Corp
WIRE
| $10.9M | ﹤0.01% |
192,898
+11,400
| +6% | +$591K |
|
|
SJR
1691
DELISTED
Shaw Communications Inc.
SJR
| $10.9M | ﹤0.01% |
+570,818
| New | +$11.7M |
|
1692
TriMas Corp
TRS
$1.45B
| $10.9M | ﹤0.01% |
416,101
+7,948
| +2% | +$206K |
|
1693
Lakeland Financial Corp
LKFN
$1.56B
| $10.9M | ﹤0.01% |
235,272
+4,596
| +2% | +$220K |
|
|
SYNT
1694
DELISTED
Syntel Inc
SYNT
| $10.9M | ﹤0.01% |
425,894
+43,384
| +11% | +$1.08M |
|
1695
Universal Insurance Holdings
UVE
$1.23B
| $10.9M | ﹤0.01% |
340,199
-62,389
| -15% | -$1.88M |
|
1696
MGP Ingredients
MGPI
$370M
| $10.8M | ﹤0.01% |
121,047
+3,069
| +3% | +$250K |
|
|
IPHI
1697
DELISTED
INPHI CORPORATION
IPHI
| $10.8M | ﹤0.01% |
360,008
+19,523
| +6% | +$607K |
|
|
STBZ
1698
DELISTED
State Bank Financial Corporation. Common Stock
STBZ
| $10.8M | ﹤0.01% |
360,409
+8,748
| +2% | +$264K |
|
|
AVTA
1699
DELISTED
Avantax, Inc. Common Stock
AVTA
| $10.8M | ﹤0.01% |
438,489
+23,857
| +6% | +$567K |
|
|
SPN
1700
DELISTED
Superior Energy Services, Inc.
SPN
| $10.8M | ﹤0.01% |
127,783
+2,738
| +2% | +$270K |
|
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.