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 |
Linde
LIN
|
+$1.01B |
| 2 |
Microsoft
MSFT
|
+$761M |
| 3 |
Apple
AAPL
|
+$685M |
| 4 |
Amazon
AMZN
|
+$507M |
| 5 |
Cigna
CI
|
+$391M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
AET
Aetna Inc
AET
|
+$741M |
| 2 |
ESRX
Express Scripts Holding Company
ESRX
|
+$651M |
| 3 |
PX
Praxair Inc
PX
|
+$555M |
| 4 |
COL
Rockwell Collins
COL
|
+$293M |
| 5 |
CA
CA, Inc.
CA
|
+$178M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 17.64% |
| 2 | Financials | 15.19% |
| 3 | Healthcare | 14.85% |
| 4 | Consumer Discretionary | 10.09% |
| 5 | Industrials | 9.41% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
ALTA
2151
DELISTED
Altabancorp
ALTA
| $5.37M | ﹤0.01% |
178,015
+8,083
| +5% | +$258K |
|
|
FLIC
2152
DELISTED
First of Long Island Corp
FLIC
| $5.36M | ﹤0.01% |
268,758
+21,704
| +9% | +$446K |
|
|
TSC
2153
DELISTED
TriState Capital Holdings, Inc.
TSC
| $5.36M | ﹤0.01% |
275,340
+14,702
| +6% | +$357K |
|
|
ESND
2154
DELISTED
Essendant Inc.
ESND
| $5.35M | ﹤0.01% |
425,076
+18,912
| +5% | +$239K |
|
|
GTHX
2155
DELISTED
G1 Therapeutics, Inc. Common Stock
GTHX
| $5.34M | ﹤0.01% |
279,063
+26,098
| +10% | +$977K |
|
|
SPN
2156
DELISTED
Superior Energy Services, Inc.
SPN
| $5.34M | ﹤0.01% |
159,533
+7,017
| +5% | +$487K |
|
|
CAMP
2157
DELISTED
CalAmp Corp.
CAMP
| $5.34M | ﹤0.01% |
17,838
+1,749
| +11% | +$726K |
|
|
GMS
2158
DELISTED
GMS Inc
GMS
| $5.33M | ﹤0.01% |
358,869
+47,352
| +15% | +$831K |
|
2159
First Financial Corp
THFF
$969M
| $5.33M | ﹤0.01% |
132,631
+3,193
| +2% | +$147K |
|
|
EGRX
2160
DELISTED
Eagle Pharmaceuticals, Inc.
EGRX
| $5.32M | ﹤0.01% |
132,043
+12,748
| +11% | +$657K |
|
|
PEI
2161
DELISTED
Pennsylvania Real Estate Investment Trust
PEI
| $5.31M | ﹤0.01% |
59,598
+3,227
| +6% | +$402K |
|
2162
Flex
FLEX
$44.8B
| $5.3M | ﹤0.01% |
929,115
+413,775
| +80% | +$2.89M |
|
2163
Icon
ICLR
$12.7B
| $5.3M | ﹤0.01% |
41,044
+2,262
| +6% | +$312K |
|
|
PRMW
2164
DELISTED
Primo Water Corporation
PRMW
| $5.27M | ﹤0.01% |
376,384
+19,690
| +6% | +$301K |
|
2165
Essential Properties Realty Trust
EPRT
$6.62B
| $5.26M | ﹤0.01% |
380,292
+135,474
| +55% | +$1.88M |
|
2166
Option Care Health
OPCH
$3.56B
| $5.26M | ﹤0.01% |
368,190
+39,732
| +12% | +$524K |
|
2167
Midland States Bancorp
MSBI
$695M
| $5.25M | ﹤0.01% |
234,973
+33,494
| +17% | +$874K |
|
|
TOWR
2168
DELISTED
Tower International, Inc.
TOWR
| $5.25M | ﹤0.01% |
220,387
+15,455
| +8% | +$424K |
|
|
WFT
2169
DELISTED
Weatherford International plc
WFT
| $5.23M | ﹤0.01% |
9,359,986
+286,405
| +3% | +$374K |
|
2170
Karyopharm Therapeutics
KPTI
$48M
| $5.23M | ﹤0.01% |
37,195
+1,757
| +5% | +$296K |
|
2171
Monarch Casino & Resort
MCRI
$2.23B
| $5.22M | ﹤0.01% |
137,016
+11,443
| +9% | +$465K |
|
|
RDS.B
2172
DELISTED
Royal Dutch Shell PLC ADS Class B
RDS.B
| $5.22M | ﹤0.01% |
87,130
+3,821
| +5% | +$244K |
|
2173
NRC Health Common Stock
NRC
$450M
| $5.2M | ﹤0.01% |
136,306
-2,287
| -2% | -$87.9K |
|
|
TPIC
2174
DELISTED
TPI Composites
TPIC
| $5.2M | ﹤0.01% |
211,404
+19,731
| +10% | +$502K |
|
2175
Appian
APPN
$2.48B
| $5.18M | ﹤0.01% |
193,954
+28,888
| +18% | +$771K |
|
Similar funds
Geode Capital Management's Q4 2018 Portfolio in Review
As of Q4 2018, Geode Capital Management held 4,266 positions worth $323B, down 8.8% from $355B the previous quarter. Its ten largest holdings account for 17% of the portfolio.
Geode Capital Management deployed $21.9B of net new capital in Q4 2018, opening 149 new positions and adding to 3,108 existing holdings. Its largest new stake was Linde: 6,406,340 shares worth $998M.
By sector, the portfolio is most concentrated in Technology at 18% of assets, down from 19% a quarter earlier, followed by Financials and Healthcare.
On the sell side, the largest reduction was Dell, an estimated $92.5M trimmed.
- Geode Capital Management's largest Q4 2018 buy was Linde: 6,406,340 shares worth $998M.
- Geode Capital Management added most to Microsoft in Q4 2018, an estimated $761M increase.
- Geode Capital Management's biggest Q4 2018 reduction was Dell, cutting an estimated $92.5M.
- Geode Capital Management fully exited Aetna Inc in Q4 2018, selling an estimated $741M.
- Geode Capital Management's ten largest holdings make up 17% of its $323B portfolio in Q4 2018.
- Geode Capital Management opened 149 new positions and closed 120 in Q4 2018.
- Geode Capital Management's portfolio value fell 8.8% quarter-over-quarter to $323B.
Based on Geode Capital Management's 13F filing for Q4 2018, filed 13 Feb 2019.