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 | |
|---|---|---|---|---|---|---|
|
OPTU
1926
Optimum Communications Inc
OPTU
$336M
| $7.81M | ﹤0.01% |
422,533
| – | – |
|
1927
Huron Consulting
HURN
$2.39B
| $7.79M | ﹤0.01% |
204,552
+4,331
| +2% | +$170K |
|
1928
Independence Realty Trust
IRT
$3.95B
| $7.79M | ﹤0.01% |
848,638
+31,077
| +4% | +$282K |
|
1929
Virtus Investment Partners
VRTS
$1.13B
| $7.79M | ﹤0.01% |
62,898
+3,552
| +6% | +$450K |
|
|
CONN
1930
DELISTED
Conn's Inc.
CONN
| $7.78M | ﹤0.01% |
228,688
-16,783
| -7% | -$559K |
|
1931
Regenxbio
RGNX
$638M
| $7.77M | ﹤0.01% |
260,412
+12,084
| +5% | +$352K |
|
1932
Onto Innovation
ONTO
$13.4B
| $7.75M | ﹤0.01% |
288,060
-28,806
| -9% | -$771K |
|
1933
Golar LNG
GLNG
$5B
| $7.74M | ﹤0.01% |
282,717
+17,776
| +7% | +$501K |
|
|
NE
1934
DELISTED
Noble Corporation
NE
| $7.73M | ﹤0.01% |
2,084,885
+69,715
| +3% | +$311K |
|
1935
ProPetro Holding
PUMP
$1.37B
| $7.73M | ﹤0.01% |
486,305
+11,626
| +2% | +$210K |
|
|
PRFT
1936
DELISTED
Perficient Inc
PRFT
| $7.71M | ﹤0.01% |
336,191
+33,008
| +11% | +$684K |
|
|
MAGN
1937
Magnera Corp
MAGN
$489M
| $7.68M | ﹤0.01% |
28,765
+1,361
| +5% | +$383K |
|
1938
ArcBest
ARCB
$3.07B
| $7.67M | ﹤0.01% |
239,473
+5,150
| +2% | +$179K |
|
|
HSII
1939
DELISTED
Heidrick & Struggles
HSII
| $7.66M | ﹤0.01% |
245,227
+22,001
| +10% | +$601K |
|
|
CKH
1940
DELISTED
Seacor Holdings Inc.
CKH
| $7.66M | ﹤0.01% |
149,902
+9,707
| +7% | +$454K |
|
|
BMTC
1941
DELISTED
Bryn Mawr Bank Corp
BMTC
| $7.65M | ﹤0.01% |
174,174
+6,903
| +4% | +$311K |
|
|
CADE
1942
DELISTED
Cadence Bancorporation
CADE
| $7.64M | ﹤0.01% |
280,670
+71,258
| +34% | +$1.98M |
|
|
KEM
1943
DELISTED
KEMET Corporation
KEM
| $7.63M | ﹤0.01% |
420,635
+5,521
| +1% | +$101K |
|
|
FIT
1944
DELISTED
Fitbit, Inc. Class A common stock
FIT
| $7.63M | ﹤0.01% |
1,495,183
+101,797
| +7% | +$542K |
|
1945
Veeco
VECO
$3.11B
| $7.62M | ﹤0.01% |
448,142
+8,375
| +2% | +$146K |
|
1946
Stock Yards Bancorp
SYBT
$2.62B
| $7.62M | ﹤0.01% |
216,993
+7,570
| +4% | +$276K |
|
1947
Univest Financial
UVSP
$1.23B
| $7.61M | ﹤0.01% |
274,589
+20,894
| +8% | +$585K |
|
|
SP
1948
DELISTED
SP Plus Corporation
SP
| $7.58M | ﹤0.01% |
212,962
+19,113
| +10% | +$716K |
|
|
AVP
1949
DELISTED
Avon Products, Inc.
AVP
| $7.57M | ﹤0.01% |
2,664,548
-15,950
| -0.6% | -$40.3K |
|
1950
Washington Trust Bancorp
WASH
$755M
| $7.55M | ﹤0.01% |
140,494
+5,294
| +4% | +$287K |
|
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.