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 | |
|---|---|---|---|---|---|---|
|
HTBK
2176
DELISTED
Heritage Commerce
HTBK
| $5.29M | ﹤0.01% |
321,073
+11,816
| +4% | +$191K |
|
|
EIGI
2177
DELISTED
Endurance International Group Holdings, Inc.
EIGI
| $5.29M | ﹤0.01% |
715,028
+15,057
| +2% | +$120K |
|
2178
TTEC Holdings
TTEC
$122M
| $5.28M | ﹤0.01% |
172,142
-151,620
| -47% | -$5.63M |
|
2179
Smith & Wesson
SWBI
$660M
| $5.28M | ﹤0.01% |
666,013
-4,494
| -0.7% | -$37.8K |
|
2180
Myers Industries
MYE
$1.38B
| $5.27M | ﹤0.01% |
249,198
+25,890
| +12% | +$536K |
|
2181
Akebia Therapeutics
AKBA
$351M
| $5.24M | ﹤0.01% |
550,235
+48,972
| +10% | +$685K |
|
|
WAIR
2182
DELISTED
WESCO Aircraft Holdings Inc.
WAIR
| $5.24M | ﹤0.01% |
511,500
+4,450
| +0.9% | +$37.7K |
|
|
FFWM
2183
DELISTED
First Foundation Inc
FFWM
| $5.24M | ﹤0.01% |
282,514
+36,633
| +15% | +$686K |
|
2184
Hycroft Mining Holding Corp
HYMC
$1.92B
| $5.23M | ﹤0.01% |
+54,750
| New | +$5.25M |
|
|
RRD
2185
DELISTED
RR Donnelley & Sons Co.
RRD
| $5.2M | ﹤0.01% |
595,198
+19,100
| +3% | +$158K |
|
2186
Archrock
AROC
$6.16B
| $5.19M | ﹤0.01% |
593,459
-99,404
| -14% | -$949K |
|
|
FTR
2187
DELISTED
Frontier Communications Corp.
FTR
| $5.18M | ﹤0.01% |
697,915
+10,835
| +2% | +$84.3K |
|
2188
Mercer International
MERC
$44.8M
| $5.17M | ﹤0.01% |
415,736
+46,959
| +13% | +$634K |
|
2189
Metallus
MTUS
$851M
| $5.17M | ﹤0.01% |
340,103
+6,912
| +2% | +$116K |
|
|
SHYF
2190
DELISTED
The Shyft Group
SHYF
| $5.16M | ﹤0.01% |
300,003
+6,001
| +2% | +$93.4K |
|
2191
Collegium Pharmaceutical
COLL
$1.15B
| $5.14M | ﹤0.01% |
201,309
+9,675
| +5% | +$231K |
|
|
LORL
2192
DELISTED
Loral Space and Communications, Inc.
LORL
| $5.14M | ﹤0.01% |
123,382
+2,874
| +2% | +$131K |
|
2193
The Bancorp
TBBK
$2.96B
| $5.13M | ﹤0.01% |
475,125
+8,049
| +2% | +$85.9K |
|
|
ATNX
2194
DELISTED
Athenex, Inc. Common Stock
ATNX
| $5.13M | ﹤0.01% |
15,074
+9,234
| +158% | +$2.93M |
|
2195
Peapack-Gladstone Financial
PGC
$821M
| $5.12M | ﹤0.01% |
153,259
+6,534
| +4% | +$228K |
|
2196
Future Fuel
FF
$215M
| $5.11M | ﹤0.01% |
426,438
-3,208
| -0.7% | -$42.2K |
|
|
BNFT
2197
DELISTED
Benefitfocus, Inc.
BNFT
| $5.11M | ﹤0.01% |
209,366
+4,378
| +2% | +$110K |
|
|
CTT
2198
DELISTED
CATCHMARK TIMBER TRUST, INC.
CTT
| $5.11M | ﹤0.01% |
409,639
+11,116
| +3% | +$144K |
|
|
LJPC
2199
DELISTED
La Jolla Pharmaceutical Company
LJPC
| $5.09M | ﹤0.01% |
170,842
+14,888
| +10% | +$480K |
|
|
FINL
2200
DELISTED
Finish Line
FINL
| $5.09M | ﹤0.01% |
375,701
-48,774
| -11% | -$563K |
|
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.