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 | |
|---|---|---|---|---|---|---|
1726
ICF International
ICFI
$1.52B
| $10.3M | ﹤0.01% |
176,664
+2,582
| +1% | +$146K |
|
1727
Cannae Holdings
CNNE
$655M
| $10.3M | ﹤0.01% |
546,492
+9,877
| +2% | +$177K |
|
|
RDUS
1728
DELISTED
Radius Recycling
RDUS
| $10.3M | ﹤0.01% |
318,314
-10,319
| -3% | -$360K |
|
1729
Matsons
MATX
$6.28B
| $10.3M | ﹤0.01% |
359,295
+10,254
| +3% | +$321K |
|
1730
Trade Desk
TTD
$8.6B
| $10.3M | ﹤0.01% |
2,071,390
+170,680
| +9% | +$874K |
|
|
P
1731
DELISTED
Pandora Media Inc
P
| $10.3M | ﹤0.01% |
2,043,036
+115,751
| +6% | +$553K |
|
1732
Enterprise Financial Services Corp
EFSC
$2.42B
| $10.3M | ﹤0.01% |
218,769
+11,181
| +5% | +$534K |
|
1733
Encore Capital Group
ECPG
$2.06B
| $10.2M | ﹤0.01% |
226,679
+8,992
| +4% | +$385K |
|
1734
Alarm.com
ALRM
$2.75B
| $10.2M | ﹤0.01% |
271,082
+9,142
| +3% | +$345K |
|
1735
Kearny Financial
KRNY
$610M
| $10.2M | ﹤0.01% |
786,011
-6,986
| -0.9% | -$94.6K |
|
|
ICPT
1736
DELISTED
Intercept Pharmaceuticals, Inc.
ICPT
| $10.2M | ﹤0.01% |
165,316
+5,650
| +4% | +$341K |
|
1737
ePlus
PLUS
$2.45B
| $10.2M | ﹤0.01% |
261,624
+20,188
| +8% | +$778K |
|
1738
Tennant Co
TNC
$1.46B
| $10.1M | ﹤0.01% |
149,748
+2,974
| +2% | +$202K |
|
1739
City Holding Co
CHCO
$2.05B
| $10.1M | ﹤0.01% |
147,808
+2,860
| +2% | +$198K |
|
|
GTS
1740
DELISTED
Triple-S Management Corporation
GTS
| $10.1M | ﹤0.01% |
407,000
-2,154
| -0.5% | -$51.3K |
|
1741
iRhythm Holdings
IRTC
$4.1B
| $10.1M | ﹤0.01% |
160,648
+2,230
| +1% | +$138K |
|
1742
St. Joe Company
JOE
$3.64B
| $10.1M | ﹤0.01% |
536,296
+6,973
| +1% | +$129K |
|
|
CBPX
1743
DELISTED
CONTINENTAL BUILDING PRODUCTS, INC.
CBPX
| $10.1M | ﹤0.01% |
352,984
+22,133
| +7% | +$619K |
|
|
MOMO
1744
Hello Group
MOMO
$879M
| $10.1M | ﹤0.01% |
271,185
+17,245
| +7% | +$549K |
|
1745
StoneX
SNEX
$9.22B
| $10M | ﹤0.01% |
1,189,495
+29,337
| +3% | +$247K |
|
|
VTLE
1746
DELISTED
Vital Energy
VTLE
| $10M | ﹤0.01% |
57,526
+1,139
| +2% | +$212K |
|
1747
Strategic Education
STRA
$1.89B
| $10M | ﹤0.01% |
99,134
+2,103
| +2% | +$199K |
|
1748
Axogen
AXGN
$2.46B
| $9.97M | ﹤0.01% |
273,120
+15,320
| +6% | +$470K |
|
1749
Teck Resources
TECK
$29.5B
| $9.95M | ﹤0.01% |
391,215
+380,340
| +3,497% | +$10.7M |
|
|
TBI
1750
Trueblue
TBI
$229M
| $9.94M | ﹤0.01% |
383,719
+3,457
| +0.9% | +$94.5K |
|
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.