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 | |
|---|---|---|---|---|---|---|
|
RPT
1751
DELISTED
RPT Realty Common Shares of Beneficial Interest (MD)
RPT
| $9.92M | ﹤0.01% |
802,934
+27,274
| +4% | +$346K |
|
|
GCI
1752
DELISTED
Gannett Co., Inc
GCI
| $9.91M | ﹤0.01% |
993,178
+46,096
| +5% | +$501K |
|
|
ACOR
1753
DELISTED
Acorda Therapeutics
ACOR
| $9.91M | ﹤0.01% |
3,492
+75
| +2% | +$225K |
|
|
DENN
1754
DELISTED
Denny's
DENN
| $9.9M | ﹤0.01% |
641,979
-22,579
| -3% | -$339K |
|
1755
PTC Therapeutics
PTCT
$5.68B
| $9.88M | ﹤0.01% |
365,322
+50,210
| +16% | +$1.27M |
|
1756
Gibraltar Industries
ROCK
$1.37B
| $9.88M | ﹤0.01% |
291,938
+6,445
| +2% | +$224K |
|
|
AQUA
1757
DELISTED
Evoqua Water Technologies Corp. Common Stock
AQUA
| $9.88M | ﹤0.01% |
464,071
+212,993
| +85% | +$4.9M |
|
1758
Fabrinet
FN
$16.3B
| $9.88M | ﹤0.01% |
314,785
+7,048
| +2% | +$208K |
|
1759
First Bancorp
FBNC
$2.64B
| $9.88M | ﹤0.01% |
277,006
+13,714
| +5% | +$494K |
|
|
DVAX
1760
DELISTED
Dynavax Technologies
DVAX
| $9.85M | ﹤0.01% |
496,292
+10,851
| +2% | +$187K |
|
|
MSFG
1761
DELISTED
MainSource Financial Group Inc
MSFG
| $9.84M | ﹤0.01% |
242,098
+9,477
| +4% | +$369K |
|
1762
Seaboard Corp
SEB
$4.21B
| $9.84M | ﹤0.01% |
2,307
+15
| +0.7% | +$62.6K |
|
1763
National Healthcare
NHC
$3.48B
| $9.83M | ﹤0.01% |
164,843
+19,618
| +14% | +$1.2M |
|
1764
CVR Energy
CVI
$3.31B
| $9.81M | ﹤0.01% |
324,729
+25,222
| +8% | +$848K |
|
1765
Rayonier Advanced Materials
RYAM
$608M
| $9.81M | ﹤0.01% |
456,954
+28,863
| +7% | +$565K |
|
1766
CareTrust REIT
CTRE
$9.74B
| $9.77M | ﹤0.01% |
728,912
+12,830
| +2% | +$190K |
|
|
CPLA
1767
DELISTED
Capella Education Company
CPLA
| $9.77M | ﹤0.01% |
111,799
+2,419
| +2% | +$199K |
|
1768
Knowles
KN
$3.2B
| $9.76M | ﹤0.01% |
775,307
+14,327
| +2% | +$209K |
|
|
ATRI
1769
DELISTED
Atrion Corp
ATRI
| $9.74M | ﹤0.01% |
15,436
+1,246
| +9% | +$730K |
|
1770
Chesapeake Utilities
CPK
$3.21B
| $9.74M | ﹤0.01% |
138,454
+5,554
| +4% | +$395K |
|
|
SONC
1771
DELISTED
Sonic Corp
SONC
| $9.72M | ﹤0.01% |
385,238
+6,978
| +2% | +$178K |
|
1772
Century Aluminum
CENX
$4.47B
| $9.7M | ﹤0.01% |
586,706
-25,009
| -4% | -$523K |
|
|
DNR
1773
DELISTED
Denbury Resources, Inc.
DNR
| $9.7M | ﹤0.01% |
3,542,027
+43,390
| +1% | +$102K |
|
1774
First Interstate BancSystem
FIBK
$3.75B
| $9.7M | ﹤0.01% |
245,213
-18,052
| -7% | -$737K |
|
|
NTUS
1775
DELISTED
Natus Medical Inc
NTUS
| $9.68M | ﹤0.01% |
287,570
+300
| +0.1% | +$9.49K |
|
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.