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 | |
|---|---|---|---|---|---|---|
|
KE
2151
Kimball Electronics
KE
$619M
| $5.51M | ﹤0.01% |
341,135
-19,828
| -5% | -$356K |
|
2152
QCR Holdings
QCRH
$1.71B
| $5.5M | ﹤0.01% |
122,680
+2,389
| +2% | +$107K |
|
2153
Waterstone Financial
WSBF
$375M
| $5.46M | ﹤0.01% |
315,526
+19,749
| +7% | +$342K |
|
|
VNTR
2154
DELISTED
Venator Materials PLC
VNTR
| $5.45M | ﹤0.01% |
301,409
+7,016
| +2% | +$148K |
|
2155
Century Communities
CCS
$1.96B
| $5.45M | ﹤0.01% |
181,941
+13,194
| +8% | +$419K |
|
2156
LeMaitre Vascular
LMAT
$2.37B
| $5.45M | ﹤0.01% |
150,415
+4,051
| +3% | +$140K |
|
|
FLIC
2157
DELISTED
First of Long Island Corp
FLIC
| $5.45M | ﹤0.01% |
198,381
+5,240
| +3% | +$148K |
|
|
DCOM
2158
DELISTED
Dime Community Bancshares
DCOM
| $5.44M | ﹤0.01% |
295,506
+6,331
| +2% | +$123K |
|
|
PRTY
2159
DELISTED
Party City Holdco Inc.
PRTY
| $5.43M | ﹤0.01% |
348,414
+82,224
| +31% | +$1.24M |
|
|
TOWR
2160
DELISTED
Tower International, Inc.
TOWR
| $5.43M | ﹤0.01% |
195,669
+11,274
| +6% | +$325K |
|
|
LFIN
2161
DELISTED
LongFin Corp Class A Common Stock
LFIN
| $5.42M | ﹤0.01% |
313,861
+287,675
| +1,099% | +$12.1M |
|
|
AHRT
2162
AH Realty Trust
AHRT
$527M
| $5.41M | ﹤0.01% |
395,198
+9,468
| +2% | +$131K |
|
2163
Bank of N.T. Butterfield & Son
NTB
$2.46B
| $5.41M | ﹤0.01% |
120,498
+2,424
| +2% | +$103K |
|
|
BHBK
2164
DELISTED
Blue Hills Bancorp, Inc.
BHBK
| $5.4M | ﹤0.01% |
259,181
+7,585
| +3% | +$153K |
|
|
FMSA
2165
DELISTED
Fairmount Santrol Holdings Inc.
FMSA
| $5.4M | ﹤0.01% |
1,270,800
+18,206
| +1% | +$91.5K |
|
2166
Cenovus Energy
CVE
$54.5B
| $5.4M | ﹤0.01% |
641,663
+100,727
| +19% | +$888K |
|
2167
Titan International
TWI
$466M
| $5.39M | ﹤0.01% |
427,267
+9,433
| +2% | +$123K |
|
2168
Gildan
GIL
$10.2B
| $5.37M | ﹤0.01% |
187,244
+10,729
| +6% | +$332K |
|
2169
Flex
FLEX
$43B
| $5.37M | ﹤0.01% |
441,817
+12,479
| +3% | +$170K |
|
2170
DXP Enterprises
DXPE
$2.53B
| $5.36M | ﹤0.01% |
137,740
+7,171
| +5% | +$235K |
|
|
RFP
2171
DELISTED
Resolute Forest Products Inc.
RFP
| $5.35M | ﹤0.01% |
644,255
+48,613
| +8% | +$454K |
|
2172
AppFolio
APPF
$6.79B
| $5.34M | ﹤0.01% |
130,728
+283
| +0.2% | +$11.8K |
|
|
CSR
2173
Centerspace
CSR
$932M
| $5.33M | ﹤0.01% |
102,802
+2,871
| +3% | +$150K |
|
2174
Photronics
PLAB
$1.85B
| $5.32M | ﹤0.01% |
644,990
-225,627
| -26% | -$1.89M |
|
|
AKCA
2175
DELISTED
Akcea Therapeutics Inc
AKCA
| $5.3M | ﹤0.01% |
207,139
+2,599
| +1% | +$55.9K |
|
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.