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 | |
|---|---|---|---|---|---|---|
|
GPMT
2076
Granite Point Mortgage Trust
GPMT
$69.5M
| $6.24M | ﹤0.01% |
377,005
+903
| +0.2% | +$15.5K |
|
|
EVBG
2077
DELISTED
Everbridge, Inc. Common Stock
EVBG
| $6.22M | ﹤0.01% |
169,981
+13,509
| +9% | +$452K |
|
2078
Ring Energy
REI
$320M
| $6.21M | ﹤0.01% |
432,762
+34,814
| +9% | +$506K |
|
2079
Johnson Outdoors
JOUT
$502M
| $6.2M | ﹤0.01% |
100,038
+9,412
| +10% | +$602K |
|
2080
Horizon Bancorp
HBNC
$1.06B
| $6.18M | ﹤0.01% |
309,140
+13,065
| +4% | +$255K |
|
2081
Beazer Homes USA
BZH
$901M
| $6.17M | ﹤0.01% |
387,116
+40,790
| +12% | +$723K |
|
|
HK
2082
DELISTED
Halcon Resources Corporation
HK
| $6.17M | ﹤0.01% |
1,267,337
+36,685
| +3% | +$248K |
|
2083
Buckle
BKE
$2.37B
| $6.17M | ﹤0.01% |
278,593
+44,444
| +19% | +$934K |
|
|
KMG
2084
DELISTED
KMG Chemicals Inc
KMG
| $6.17M | ﹤0.01% |
102,853
+2,794
| +3% | +$174K |
|
|
AHT
2085
Ashford Hospitality Trust
AHT
$21M
| $6.15M | ﹤0.01% |
963
+7
| +0.7% | +$43.8K |
|
2086
Cerus
CERS
$433M
| $6.14M | ﹤0.01% |
1,120,161
+129,837
| +13% | +$590K |
|
2087
Stoneridge
SRI
$210M
| $6.13M | ﹤0.01% |
222,237
+4,877
| +2% | +$119K |
|
|
ADAM
2088
Adamas Trust
ADAM
$848M
| $6.13M | ﹤0.01% |
258,469
+5,456
| +2% | +$128K |
|
2089
Geron
GERN
$821M
| $6.11M | ﹤0.01% |
1,438,408
+93,650
| +7% | +$253K |
|
2090
Lantheus
LNTH
$6.59B
| $6.08M | ﹤0.01% |
382,585
-33,652
| -8% | -$656K |
|
|
VRTSP
2091
DELISTED
Virtus Investment Partners, Inc. 7.25% Series D Mandatory Convertible Preferred Stock
VRTSP
| – | – |
0
| – | – |
|
2092
Super Micro Computer
SMCI
$18.5B
| $6.08M | ﹤0.01% |
3,573,900
+71,110
| +2% | +$143K |
|
2093
Middlesex Water
MSEX
$1.07B
| $6.07M | ﹤0.01% |
165,513
+3,588
| +2% | +$133K |
|
|
NPKI
2094
NPK International
NPKI
$1.12B
| $6.07M | ﹤0.01% |
749,301
+17,460
| +2% | +$153K |
|
|
ESND
2095
DELISTED
Essendant Inc.
ESND
| $6.06M | ﹤0.01% |
777,442
+58,747
| +8% | +$506K |
|
2096
Sunrun
RUN
$2.49B
| $6.05M | ﹤0.01% |
677,282
+10,151
| +2% | +$68.5K |
|
2097
World Acceptance Corp
WRLD
$877M
| $6.03M | ﹤0.01% |
57,289
+1,740
| +3% | +$179K |
|
|
THR
2098
DELISTED
Thermon Group Holdings
THR
| $6.02M | ﹤0.01% |
268,750
+5,978
| +2% | +$138K |
|
2099
Madrigal Pharmaceuticals
MDGL
$11.1B
| $6.01M | ﹤0.01% |
51,502
-2,797
| -5% | -$345K |
|
|
AXDX
2100
DELISTED
Accelerate Diagnostics
AXDX
| $6M | ﹤0.01% |
26,275
+1,378
| +6% | +$362K |
|
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.