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 | |
|---|---|---|---|---|---|---|
2126
Cass Information Systems
CASS
$722M
| $5.75M | ﹤0.01% |
115,967
+3,108
| +3% | +$152K |
|
|
LION
2127
DELISTED
Fidelity Southern Corporation
LION
| $5.75M | ﹤0.01% |
249,195
-10,211
| -4% | -$240K |
|
|
GNBC
2128
DELISTED
Green Bancorp, Inc
GNBC
| $5.74M | ﹤0.01% |
258,050
+45,147
| +21% | +$1.02M |
|
|
LL
2129
DELISTED
LL Flooring Holdings, Inc.
LL
| $5.73M | ﹤0.01% |
239,534
+5,392
| +2% | +$143K |
|
2130
HealthStream
HSTM
$828M
| $5.72M | ﹤0.01% |
230,308
+4,744
| +2% | +$114K |
|
2131
Wheaton Precious Metals
WPM
$50.8B
| $5.71M | ﹤0.01% |
283,429
+39,826
| +16% | +$818K |
|
|
REN
2132
DELISTED
Resolute Energy Corporaton
REN
| $5.71M | ﹤0.01% |
164,697
+3,575
| +2% | +$121K |
|
|
SWCH
2133
DELISTED
Switch, Inc. Class A Common Stock
SWCH
| $5.7M | ﹤0.01% |
358,440
+8,962
| +3% | +$142K |
|
|
CRC
2134
DELISTED
California Resources Corporation
CRC
| $5.69M | ﹤0.01% |
332,037
-3,979
| -1% | -$74.7K |
|
|
PSDO
2135
DELISTED
Presidio, Inc. Common Stock
PSDO
| $5.68M | ﹤0.01% |
363,191
+24,839
| +7% | +$415K |
|
|
VRS
2136
DELISTED
Verso Corporation
VRS
| $5.67M | ﹤0.01% |
336,718
+32,930
| +11% | +$551K |
|
|
MRTX
2137
DELISTED
Mirati Therapeutics, Inc. Common Stock
MRTX
| $5.66M | ﹤0.01% |
184,406
| – | – |
|
|
RDS.B
2138
DELISTED
Royal Dutch Shell PLC ADS Class B
RDS.B
| $5.66M | ﹤0.01% |
86,372
+23,287
| +37% | +$1.57M |
|
|
FPRX
2139
DELISTED
Five Prime Therapeutics, Inc.
FPRX
| $5.66M | ﹤0.01% |
329,347
+67,820
| +26% | +$1.32M |
|
2140
E.W. Scripps
SSP
$258M
| $5.64M | ﹤0.01% |
470,522
-4,251
| -0.9% | -$62K |
|
2141
Wave Life Sciences
WVE
$1.13B
| $5.62M | ﹤0.01% |
140,255
+6,857
| +5% | +$288K |
|
|
ALTR
2142
DELISTED
Altair Engineering Inc
ALTR
| $5.62M | ﹤0.01% |
179,152
+14,292
| +9% | +$389K |
|
2143
Tootsie Roll Industries
TR
$2.96B
| $5.61M | ﹤0.01% |
241,440
+2,922
| +1% | +$75.9K |
|
|
SVU
2144
DELISTED
SUPERVALU Inc.
SVU
| $5.6M | ﹤0.01% |
367,860
+7,491
| +2% | +$119K |
|
|
SAFE
2145
Safehold
SAFE
$1.18B
| $5.59M | ﹤0.01% |
112,965
-37,422
| -25% | -$1.91M |
|
|
RDFN
2146
DELISTED
Redfin
RDFN
| $5.59M | ﹤0.01% |
244,769
+116,919
| +91% | +$2.69M |
|
2147
Infosys
INFY
$49.6B
| $5.57M | ﹤0.01% |
629,532
-37,258
| -6% | -$330K |
|
2148
Weis Markets
WMK
$1.94B
| $5.55M | ﹤0.01% |
135,384
+5,091
| +4% | +$200K |
|
2149
Ethan Allen Interiors
ETD
$598M
| $5.53M | ﹤0.01% |
241,072
+24,369
| +11% | +$614K |
|
2150
Artivion
AORT
$1.33B
| $5.52M | ﹤0.01% |
275,203
+5,860
| +2% | +$112K |
|
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.