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 | |
|---|---|---|---|---|---|---|
1826
Movado Group
MOV
$866M
| $8.97M | ﹤0.01% |
233,604
-324
| -0.1% | -$10.3K |
|
1827
Resources Connection
RGP
$153M
| $8.93M | ﹤0.01% |
551,425
+32,950
| +6% | +$527K |
|
1828
AdvanSix
ASIX
$542M
| $8.92M | ﹤0.01% |
256,380
+4,785
| +2% | +$189K |
|
|
CATM
1829
DELISTED
Cardtronics plc Class A Ordinary Shares (UK)
CATM
| $8.91M | ﹤0.01% |
399,612
+20,966
| +6% | +$500K |
|
|
NTRI
1830
DELISTED
NutriSystem, Inc.
NTRI
| $8.91M | ﹤0.01% |
330,716
+53,331
| +19% | +$2.12M |
|
|
UNT
1831
DELISTED
UNIT Corporation
UNT
| $8.9M | ﹤0.01% |
450,696
+10,373
| +2% | +$226K |
|
1832
Andersons Inc
ANDE
$2.38B
| $8.84M | ﹤0.01% |
267,075
+5,767
| +2% | +$195K |
|
1833
Materion
MTRN
$4.45B
| $8.83M | ﹤0.01% |
172,981
-198
| -0.1% | -$10.1K |
|
|
FARO
1834
DELISTED
Faro Technologies
FARO
| $8.81M | ﹤0.01% |
150,870
+2,755
| +2% | +$153K |
|
1835
Modine Manufacturing
MOD
$10.4B
| $8.81M | ﹤0.01% |
416,397
+8,785
| +2% | +$200K |
|
1836
Iridium Communications
IRDM
$5.12B
| $8.8M | ﹤0.01% |
782,714
+15,545
| +2% | +$186K |
|
|
CLDT
1837
Chatham Lodging
CLDT
$614M
| $8.8M | ﹤0.01% |
459,561
+15,754
| +4% | +$328K |
|
1838
AngioDynamics
ANGO
$627M
| $8.79M | ﹤0.01% |
509,354
+73,975
| +17% | +$1.23M |
|
|
ITCI
1839
DELISTED
Intra-Cellular Therapies Inc.
ITCI
| $8.78M | ﹤0.01% |
417,256
+16,062
| +4% | +$313K |
|
|
LABL
1840
DELISTED
Multi-Color Corp
LABL
| $8.78M | ﹤0.01% |
132,922
+2,180
| +2% | +$155K |
|
|
ADSW
1841
DELISTED
Advanced Disposal Services Inc
ADSW
| $8.77M | ﹤0.01% |
393,695
+24,622
| +7% | +$571K |
|
1842
Americold
COLD
$4.03B
| $8.77M | ﹤0.01% |
+459,552
| New | +$8.31M |
|
|
USCR
1843
DELISTED
U S Concrete, Inc.
USCR
| $8.76M | ﹤0.01% |
145,124
+5,479
| +4% | +$406K |
|
1844
AeroVironment
AVAV
$8.06B
| $8.76M | ﹤0.01% |
192,492
+3,591
| +2% | +$180K |
|
|
CRAY
1845
DELISTED
Cray, Inc.
CRAY
| $8.76M | ﹤0.01% |
423,172
+8,880
| +2% | +$206K |
|
1846
Advanced Drainage Systems
WMS
$11.1B
| $8.73M | ﹤0.01% |
337,160
+7,316
| +2% | +$185K |
|
1847
Kadant
KAI
$3.83B
| $8.73M | ﹤0.01% |
92,347
+2,005
| +2% | +$197K |
|
1848
Standard Motor Products
SMP
$863M
| $8.72M | ﹤0.01% |
183,244
+9,969
| +6% | +$472K |
|
|
CWEN.A
1849
DELISTED
Clearway Energy Class A
CWEN.A
| $8.71M | ﹤0.01% |
530,105
+34,067
| +7% | +$589K |
|
1850
Tompkins Financial
TMP
$1.45B
| $8.71M | ﹤0.01% |
114,931
+4,986
| +5% | +$401K |
|
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.