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 | |
|---|---|---|---|---|---|---|
2251
OneSpan
OSPN
$618M
| $4.53M | ﹤0.01% |
349,958
+19,947
| +6% | +$324K |
|
|
HIBB
2252
DELISTED
Hibbett, Inc. Common Stock
HIBB
| $4.53M | ﹤0.01% |
316,699
+121,688
| +62% | +$2.07M |
|
2253
Ezcorp Inc
EZPW
$1.71B
| $4.5M | ﹤0.01% |
582,796
+48,428
| +9% | +$459K |
|
2254
Solid Biosciences
SLDB
$900M
| $4.5M | ﹤0.01% |
11,206
+2,271
| +25% | +$1.07M |
|
|
UMH
2255
UMH Properties
UMH
$1.36B
| $4.5M | ﹤0.01% |
380,343
+20,106
| +6% | +$272K |
|
|
QADA
2256
DELISTED
QAD Inc.
QADA
| $4.49M | ﹤0.01% |
114,191
+5,943
| +5% | +$260K |
|
2257
Hackett Group
HCKT
$287M
| $4.48M | ﹤0.01% |
280,003
+13,710
| +5% | +$256K |
|
2258
American Coastal Insurance
ACIC
$493M
| $4.46M | ﹤0.01% |
268,057
+30,948
| +13% | +$589K |
|
|
TCDA
2259
DELISTED
Tricida, Inc. Common Stock
TCDA
| $4.45M | ﹤0.01% |
188,925
+14,741
| +8% | +$424K |
|
2260
American Vanguard Corp
AVD
$68.9M
| $4.45M | ﹤0.01% |
292,913
+30,060
| +11% | +$495K |
|
2261
Hawkins
HWKN
$2.71B
| $4.44M | ﹤0.01% |
216,930
+17,606
| +9% | +$342K |
|
2262
Rigel Pharmaceuticals
RIGL
$750M
| $4.44M | ﹤0.01% |
192,919
+27,942
| +17% | +$789K |
|
2263
BlackBerry
BB
$5.26B
| $4.43M | ﹤0.01% |
627,226
+192,538
| +44% | +$1.7M |
|
|
COWN
2264
DELISTED
Cowen Inc. Class A Common Stock
COWN
| $4.43M | ﹤0.01% |
332,469
+31,296
| +10% | +$477K |
|
|
JOBS
2265
DELISTED
51job Inc
JOBS
| $4.42M | ﹤0.01% |
71,217
-1,136
| -2% | -$72.7K |
|
|
VTA
2266
DELISTED
INVESCO DYNAMIC CREDIT OPPORTUNITIES FUND
VTA
| $4.41M | ﹤0.01% |
+429,418
| New | +$4.69M |
|
2267
Rocket Pharmaceuticals
RCKT
$394M
| $4.4M | ﹤0.01% |
297,032
+74,923
| +34% | +$1.24M |
|
|
CBL
2268
DELISTED
CBL& Associates Properties, Inc.
CBL
| $4.4M | ﹤0.01% |
2,290,809
+154,764
| +7% | +$454K |
|
2269
SIGA Technologies
SIGA
$219M
| $4.39M | ﹤0.01% |
555,803
+49,755
| +10% | +$285K |
|
2270
ANI Pharmaceuticals
ANIP
$1.78B
| $4.39M | ﹤0.01% |
97,459
+2,827
| +3% | +$148K |
|
2271
CAE Inc. Common Shares
CAE
$8.74B
| $4.38M | ﹤0.01% |
240,280
+36,308
| +18% | +$691K |
|
2272
MarineMax
HZO
$788M
| $4.38M | ﹤0.01% |
239,187
+4,718
| +2% | +$98.3K |
|
|
CORR
2273
DELISTED
CorEnergy Infrastructure Trust, Inc.
CORR
| $4.38M | ﹤0.01% |
132,389
+12,991
| +11% | +$464K |
|
|
ATRS
2274
DELISTED
Antares Pharma, Inc.
ATRS
| $4.38M | ﹤0.01% |
1,609,722
+167,695
| +12% | +$552K |
|
|
FLXN
2275
DELISTED
Flexion Therapeutics, Inc.
FLXN
| $4.35M | ﹤0.01% |
384,433
+7,814
| +2% | +$123K |
|
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.