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 | |
|---|---|---|---|---|---|---|
2251
Imperial Oil
IMO
$61.1B
| $4.67M | ﹤0.01% |
178,968
+23,841
| +15% | +$687K |
|
|
TSC
2252
DELISTED
TriState Capital Holdings, Inc.
TSC
| $4.67M | ﹤0.01% |
200,962
+5,407
| +3% | +$127K |
|
|
NSM
2253
DELISTED
Nationstar Mortgage Holdings
NSM
| $4.66M | ﹤0.01% |
259,296
-59,677
| -19% | -$1.07M |
|
2254
Alaunos Therapeutics
TCRT
$4.66M
| $4.65M | ﹤0.01% |
7,913
+175
| +2% | +$109K |
|
|
BVH
2255
DELISTED
Bluegreen Vacations Holding Corporation
BVH
| $4.65M | ﹤0.01% |
100,987
-3,768
| -4% | -$168K |
|
2256
Midland States Bancorp
MSBI
$711M
| $4.64M | ﹤0.01% |
147,073
+59,206
| +67% | +$1.9M |
|
2257
Regis Corp
RGS
$68.7M
| $4.63M | ﹤0.01% |
15,312
+1,014
| +7% | +$320K |
|
|
PGNX
2258
DELISTED
Progenics Pharmaceuticals Inc
PGNX
| $4.63M | ﹤0.01% |
620,240
+13,730
| +2% | +$91.3K |
|
2259
Ambarella
AMBA
$3.63B
| $4.58M | ﹤0.01% |
93,453
+5,378
| +6% | +$279K |
|
2260
Mercantile Bank Corp
MBWM
$1.05B
| $4.57M | ﹤0.01% |
137,491
+2,469
| +2% | +$86.4K |
|
|
BHVN
2261
DELISTED
Biohaven Pharmaceutical Holding Company Ltd.
BHVN
| $4.57M | ﹤0.01% |
177,458
+5,350
| +3% | +$160K |
|
|
TERP
2262
DELISTED
TerraForm Power, Inc
TERP
| $4.56M | ﹤0.01% |
425,336
+33,201
| +8% | +$374K |
|
|
STFC
2263
DELISTED
State Auto Financial Corp
STFC
| $4.56M | ﹤0.01% |
159,585
+3,784
| +2% | +$110K |
|
|
APTS
2264
DELISTED
Preferred Apartment Communities, Inc.
APTS
| $4.55M | ﹤0.01% |
320,744
+33,187
| +12% | +$519K |
|
2265
Gorman-Rupp
GRC
$2.19B
| $4.55M | ﹤0.01% |
155,465
+10,964
| +8% | +$322K |
|
2266
Arrowhead Research
ARWR
$12.1B
| $4.55M | ﹤0.01% |
630,631
+28,285
| +5% | +$174K |
|
2267
American Vanguard Corp
AVD
$70.4M
| $4.53M | ﹤0.01% |
224,348
+5,197
| +2% | +$108K |
|
2268
Rigel Pharmaceuticals
RIGL
$693M
| $4.51M | ﹤0.01% |
127,510
+2,572
| +2% | +$103K |
|
2269
Mesa Laboratories
MLAB
$584M
| $4.51M | ﹤0.01% |
30,402
+1,723
| +6% | +$235K |
|
|
AIG.WS
2270
DELISTED
American International Group, Inc.
AIG.WS
| $4.5M | ﹤0.01% |
274,531
-432,401
| -61% | -$8.16M |
|
2271
VSE Corp
VSEC
$5.81B
| $4.49M | ﹤0.01% |
86,840
+3,846
| +5% | +$191K |
|
2272
Tredegar Corp
TG
$267M
| $4.46M | ﹤0.01% |
248,751
+10,976
| +5% | +$198K |
|
2273
NeoGenomics
NEO
$2.04B
| $4.46M | ﹤0.01% |
547,029
+34,748
| +7% | +$282K |
|
2274
Omeros
OMER
$909M
| $4.46M | ﹤0.01% |
399,605
+7,956
| +2% | +$112K |
|
|
FRGI
2275
DELISTED
Fiesta Restaurant Group, Inc.
FRGI
| $4.46M | ﹤0.01% |
240,914
+6,081
| +3% | +$114K |
|
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.