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 | |
|---|---|---|---|---|---|---|
2101
Ezcorp Inc
EZPW
$1.86B
| $5.99M | ﹤0.01% |
453,542
+10,450
| +2% | +$133K |
|
2102
Clearwater Paper
CLW
$359M
| $5.95M | ﹤0.01% |
152,201
+7,485
| +5% | +$311K |
|
|
FFG
2103
DELISTED
FBL Financial Group
FFG
| $5.95M | ﹤0.01% |
85,826
+4,773
| +6% | +$336K |
|
2104
Cactus
WHD
$5.12B
| $5.92M | ﹤0.01% |
+220,036
| New | +$5.54M |
|
|
ORBC
2105
DELISTED
ORBCOMM, Inc.
ORBC
| $5.92M | ﹤0.01% |
632,070
+11,835
| +2% | +$126K |
|
2106
Workiva
WK
$3.43B
| $5.9M | ﹤0.01% |
249,053
+19,092
| +8% | +$439K |
|
2107
Icahn Enterprises
IEP
$5.22B
| $5.89M | ﹤0.01% |
103,339
+1,540
| +2% | +$87.9K |
|
2108
Green Plains
GPRE
$1.17B
| $5.89M | ﹤0.01% |
350,660
+6,705
| +2% | +$121K |
|
2109
Peoples Bancorp
PEBO
$1.5B
| $5.89M | ﹤0.01% |
166,180
+6,930
| +4% | +$242K |
|
|
CTRL
2110
DELISTED
Control4 Corporation
CTRL
| $5.89M | ﹤0.01% |
274,284
-919
| -0.3% | -$24.6K |
|
2111
Liberty Latin America Class A
LILA
$1.69B
| $5.89M | ﹤0.01% |
472,892
-508,410
| -52% | -$7.04M |
|
|
VCRA
2112
DELISTED
VOCERA COMMUNICATIONS, INC.
VCRA
| $5.89M | ﹤0.01% |
251,403
-6,811
| -3% | -$182K |
|
|
CIR
2113
DELISTED
CIRCOR International, Inc
CIR
| $5.87M | ﹤0.01% |
137,558
+2,664
| +2% | +$128K |
|
2114
NN Inc
NNBR
$279M
| $5.86M | ﹤0.01% |
244,270
+5,452
| +2% | +$143K |
|
|
SNR
2115
DELISTED
NEW SENIOR INVESTMENT GROUP INC.
SNR
| $5.85M | ﹤0.01% |
715,465
+25,640
| +4% | +$196K |
|
2116
Laureate Education
LAUR
$5.18B
| $5.85M | ﹤0.01% |
425,595
+9,246
| +2% | +$130K |
|
|
PDLI
2117
DELISTED
PDL BioPharma, Inc.
PDLI
| $5.83M | ﹤0.01% |
1,982,833
-136,921
| -6% | -$374K |
|
2118
AtriCure
ATRC
$1.97B
| $5.83M | ﹤0.01% |
284,040
+6,285
| +2% | +$114K |
|
2119
SunCoke Energy
SXC
$714M
| $5.83M | ﹤0.01% |
541,714
+12,276
| +2% | +$139K |
|
2120
Simply Good Foods
SMPL
$1B
| $5.82M | ﹤0.01% |
424,144
+18,593
| +5% | +$255K |
|
|
UBA
2121
DELISTED
Urstadt Biddle Properties Inc. Class A
UBA
| $5.78M | ﹤0.01% |
299,384
+6,157
| +2% | +$117K |
|
2122
Trupanion
TRUP
$1.09B
| $5.77M | ﹤0.01% |
193,111
+8,743
| +5% | +$280K |
|
2123
Quanex
NX
$883M
| $5.77M | ﹤0.01% |
331,560
+53,380
| +19% | +$1.04M |
|
|
RCM
2124
DELISTED
R1 RCM Inc. Common Stock
RCM
| $5.76M | ﹤0.01% |
807,311
+30,201
| +4% | +$170K |
|
|
CHUBK
2125
DELISTED
CommerceHub, Inc. Series C Common Stock
CHUBK
| $5.75M | ﹤0.01% |
255,788
+1,709
| +0.7% | +$34.5K |
|
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.