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 | |
|---|---|---|---|---|---|---|
|
MTSC
1876
DELISTED
MTS Systems Corp
MTSC
| $8.32M | ﹤0.01% |
161,095
+9,415
| +6% | +$487K |
|
1877
James River Group Holdings
JRVR
$213M
| $8.31M | ﹤0.01% |
234,384
+5,388
| +2% | +$196K |
|
1878
Manitowoc
MTW
$514M
| $8.31M | ﹤0.01% |
292,014
+5,276
| +2% | +$181K |
|
1879
Kratos Defense & Security Solutions
KTOS
$9.23B
| $8.3M | ﹤0.01% |
807,104
+30,367
| +4% | +$338K |
|
|
EGOV
1880
DELISTED
NIC Inc
EGOV
| $8.3M | ﹤0.01% |
623,810
+19,908
| +3% | +$295K |
|
|
QUOT
1881
DELISTED
Quotient Technology Inc
QUOT
| $8.29M | ﹤0.01% |
632,595
+12,552
| +2% | +$159K |
|
1882
Precigen
PGEN
$2.36B
| $8.28M | ﹤0.01% |
539,988
+41,280
| +8% | +$590K |
|
1883
Casella Waste Systems
CWST
$5.85B
| $8.27M | ﹤0.01% |
353,683
+3,250
| +0.9% | +$79.6K |
|
1884
HSBC
HSBC
$370B
| $8.26M | ﹤0.01% |
185,833
+788
| +0.4% | +$37.5K |
|
1885
Gray Television
GTN
$434M
| $8.26M | ﹤0.01% |
650,138
+29,164
| +5% | +$440K |
|
1886
Camping World
CWH
$694M
| $8.24M | ﹤0.01% |
255,592
+4,887
| +2% | +$198K |
|
1887
Travere Therapeutics
TVTX
$5.11B
| $8.23M | ﹤0.01% |
368,083
+24,110
| +7% | +$574K |
|
|
SHPG
1888
DELISTED
Shire pic
SHPG
| $8.23M | ﹤0.01% |
55,094
+1,370
| +3% | +$189K |
|
1889
Heritage Financial
HFWA
$1.23B
| $8.22M | ﹤0.01% |
268,776
+5,902
| +2% | +$182K |
|
1890
National Bank Holdings
NBHC
$1.92B
| $8.18M | ﹤0.01% |
245,954
+21,462
| +10% | +$713K |
|
|
BEL
1891
DELISTED
Belmond Ltd.
BEL
| $8.15M | ﹤0.01% |
731,224
+15,461
| +2% | +$190K |
|
|
CNR
1892
DELISTED
Cornerstone Building Brands, Inc.
CNR
| $8.13M | ﹤0.01% |
459,210
+32,200
| +8% | +$568K |
|
1893
Perdoceo Education
PRDO
$2.04B
| $8.12M | ﹤0.01% |
618,337
+28,154
| +5% | +$360K |
|
|
DO
1894
DELISTED
Diamond Offshore Drilling
DO
| $8.12M | ﹤0.01% |
554,053
+26,892
| +5% | +$444K |
|
|
RVNC
1895
DELISTED
Revance Therapeutics, Inc.
RVNC
| $8.08M | ﹤0.01% |
262,392
+42,831
| +20% | +$1.38M |
|
1896
Phibro Animal Health
PAHC
$1.51B
| $8.08M | ﹤0.01% |
203,525
+13,988
| +7% | +$518K |
|
|
DPLO
1897
DELISTED
DIPLOMAT PHARMACY, INC.
DPLO
| $8.08M | ﹤0.01% |
400,929
-44,975
| -10% | -$1.05M |
|
|
PRO
1898
DELISTED
PROS Holdings
PRO
| $8.02M | ﹤0.01% |
242,853
+26,955
| +12% | +$832K |
|
1899
Coca-Cola Consolidated
COKE
$12B
| $8.01M | ﹤0.01% |
463,690
+9,930
| +2% | +$190K |
|
|
TDAY
1900
USA Today Co
TDAY
$1.32B
| $8.01M | ﹤0.01% |
467,095
+13,209
| +3% | +$221K |
|
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.