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 | |
|---|---|---|---|---|---|---|
|
SRDX
2201
DELISTED
Surmodics
SRDX
| $5.08M | ﹤0.01% |
133,493
+528
| +0.4% | +$16.4K |
|
2202
Ennis
EBF
$558M
| $5.07M | ﹤0.01% |
257,351
+5,330
| +2% | +$108K |
|
2203
Fossil Group
FOSL
$348M
| $5.06M | ﹤0.01% |
398,707
+61,685
| +18% | +$682K |
|
|
OPB
2204
DELISTED
Opus Bank Common Stock
OPB
| $5.06M | ﹤0.01% |
180,736
+3,337
| +2% | +$94.4K |
|
|
NXEO
2205
DELISTED
Nexeo Solutions, Inc. Common Stock
NXEO
| $5.04M | ﹤0.01% |
471,043
+1,867
| +0.4% | +$18.2K |
|
|
CBB
2206
DELISTED
Cincinnati Bell Inc.
CBB
| $5.03M | ﹤0.01% |
363,325
+1,496
| +0.4% | +$24.3K |
|
2207
Marcus & Millichap
MMI
$1.16B
| $5.01M | ﹤0.01% |
139,058
+15,801
| +13% | +$516K |
|
2208
Gogo Inc
GOGO
$606M
| $5M | ﹤0.01% |
579,941
+10,927
| +2% | +$105K |
|
|
AAMI
2209
Acadian Asset Management
AAMI
$3.2B
| $4.99M | ﹤0.01% |
316,570
+82,300
| +35% | +$1.36M |
|
2210
International Seaways
INSW
$4.71B
| $4.98M | ﹤0.01% |
282,855
+14,690
| +5% | +$258K |
|
2211
Marcus Corp
MCS
$946M
| $4.96M | ﹤0.01% |
163,300
+11,548
| +8% | +$317K |
|
|
CBAY
2212
DELISTED
Cymabay Therapeutics
CBAY
| $4.95M | ﹤0.01% |
381,059
+100,796
| +36% | +$1.25M |
|
|
WRD
2213
DELISTED
WildHorse Resource Development
WRD
| $4.93M | ﹤0.01% |
258,513
+9,415
| +4% | +$168K |
|
|
JAG
2214
DELISTED
Jagged Peak Energy Inc.
JAG
| $4.93M | ﹤0.01% |
348,969
+10,450
| +3% | +$138K |
|
|
CIVI
2215
DELISTED
Civitas Resources
CIVI
| $4.92M | ﹤0.01% |
177,696
+864
| +0.5% | +$23.8K |
|
|
PLYA
2216
DELISTED
Playa Hotels & Resorts
PLYA
| $4.92M | ﹤0.01% |
481,672
+1,855
| +0.4% | +$19.4K |
|
|
IVC
2217
DELISTED
Invacare Corporation
IVC
| $4.92M | ﹤0.01% |
282,759
+17,049
| +6% | +$301K |
|
2218
MongoDB
MDB
$28.8B
| $4.89M | ﹤0.01% |
112,721
+16,205
| +17% | +$524K |
|
2219
UNIFI
UFI
$119M
| $4.89M | ﹤0.01% |
134,960
+14,810
| +12% | +$530K |
|
|
HUNT
2220
DELISTED
Hunter Maritime Acquisition Corp. Common Stock
HUNT
| $4.89M | ﹤0.01% |
500,000
-147,300
| -23% | -$1.44M |
|
2221
Ecovyst
ECVT
$1.32B
| $4.88M | ﹤0.01% |
349,153
+6,202
| +2% | +$93.1K |
|
2222
Angi Inc
ANGI
$240M
| $4.87M | ﹤0.01% |
35,872
+80
| +0.2% | +$11.1K |
|
|
PFC
2223
DELISTED
Premier Financial Corp. Common Stock
PFC
| $4.87M | ﹤0.01% |
169,898
+9,800
| +6% | +$269K |
|
2224
ANI Pharmaceuticals
ANIP
$1.82B
| $4.85M | ﹤0.01% |
83,310
+6,332
| +8% | +$402K |
|
|
REVG
2225
DELISTED
REV Group
REVG
| $4.85M | ﹤0.01% |
233,620
+22,198
| +10% | +$603K |
|
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.