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 | |
|---|---|---|---|---|---|---|
|
RESI
2276
DELISTED
Front Yard Residential Corporation Common Stock
RESI
| $4.44M | ﹤0.01% |
442,181
+10,196
| +2% | +$109K |
|
|
IHC
2277
DELISTED
Independence Holding Company
IHC
| $4.43M | ﹤0.01% |
124,221
+559
| +0.5% | +$16.4K |
|
2278
Codexis
CDXS
$156M
| $4.42M | ﹤0.01% |
402,070
+68,664
| +21% | +$657K |
|
2279
Titan Machinery
TITN
$423M
| $4.41M | ﹤0.01% |
187,220
-93
| -0% | -$1.95K |
|
|
SAIL
2280
DELISTED
SailPoint Technologies Holdings, Inc. Common Stock
SAIL
| $4.4M | ﹤0.01% |
+212,879
| New | +$3.9M |
|
2281
Haverty Furniture Companies
HVT
$416M
| $4.4M | ﹤0.01% |
218,229
+56,361
| +35% | +$1.21M |
|
2282
First Financial Corp
THFF
$982M
| $4.38M | ﹤0.01% |
105,273
+1,987
| +2% | +$89.2K |
|
2283
Kura Oncology
KURA
$816M
| $4.37M | ﹤0.01% |
233,331
+66,417
| +40% | +$1.29M |
|
|
KG
2284
Kestrel Group
KG
$66.7M
| $4.37M | ﹤0.01% |
33,628
+685
| +2% | +$95.1K |
|
|
ROCC
2285
DELISTED
Ranger Oil Corporation Class A Common Stock
ROCC
| $4.37M | ﹤0.01% |
124,645
+1,115
| +0.9% | +$44.4K |
|
|
HIBB
2286
DELISTED
Hibbett, Inc. Common Stock
HIBB
| $4.37M | ﹤0.01% |
182,277
-25,163
| -12% | -$598K |
|
2287
Tidewater
TDW
$3.55B
| $4.36M | ﹤0.01% |
152,507
-4,161
| -3% | -$111K |
|
|
VBTX
2288
DELISTED
Veritex Holdings
VBTX
| $4.36M | ﹤0.01% |
157,545
+11,020
| +8% | +$311K |
|
|
NXRT
2289
NexPoint Residential Trust
NXRT
$660M
| $4.35M | ﹤0.01% |
175,196
-2,873
| -2% | -$73.1K |
|
|
UMH
2290
UMH Properties
UMH
$1.3B
| $4.35M | ﹤0.01% |
324,529
+4,449
| +1% | +$57.9K |
|
|
MODN
2291
DELISTED
MODEL N, INC.
MODN
| $4.34M | ﹤0.01% |
240,317
+24,759
| +11% | +$413K |
|
2292
Insteel Industries
IIIN
$602M
| $4.33M | ﹤0.01% |
156,888
+3,819
| +2% | +$114K |
|
|
HONE
2293
DELISTED
HarborOne Bancorp
HONE
| $4.31M | ﹤0.01% |
438,477
+5,710
| +1% | +$60.4K |
|
2294
Karyopharm Therapeutics
KPTI
$44.6M
| $4.31M | ﹤0.01% |
21,422
+2,715
| +15% | +$541K |
|
2295
National Presto Industries
NPK
$967M
| $4.31M | ﹤0.01% |
45,976
+3,685
| +9% | +$366K |
|
|
CHCT
2296
Community Healthcare Trust
CHCT
$522M
| $4.31M | ﹤0.01% |
167,364
-12,620
| -7% | -$320K |
|
2297
Chefs' Warehouse
CHEF
$4.54B
| $4.31M | ﹤0.01% |
187,220
+6,490
| +4% | +$140K |
|
2298
Applied Optoelectronics
AAOI
$8.84B
| $4.3M | ﹤0.01% |
171,799
+4,824
| +3% | +$150K |
|
2299
Lennar Class B
LEN.B
$20.1B
| $4.3M | ﹤0.01% |
94,941
+8,655
| +10% | +$412K |
|
|
DNI
2300
DELISTED
Dividend and Income Fund
DNI
| $4.3M | ﹤0.01% |
342,466
+80,229
| +31% | +$1.07M |
|
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.