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 | |
|---|---|---|---|---|---|---|
2301
Aclaris Therapeutics
ACRS
$772M
| $4.29M | ﹤0.01% |
244,870
+19,197
| +9% | +$407K |
|
2302
SandRidge Energy
SD
$503M
| $4.29M | ﹤0.01% |
295,441
+23,140
| +8% | +$391K |
|
|
FRBK
2303
DELISTED
Republic First Bancorp Inc
FRBK
| $4.26M | ﹤0.01% |
490,182
+7,428
| +2% | +$64.2K |
|
2304
Citi Trends
CTRN
$582M
| $4.26M | ﹤0.01% |
137,789
-10,038
| -7% | -$246K |
|
|
HAYN
2305
DELISTED
Haynes International, Inc.
HAYN
| $4.25M | ﹤0.01% |
114,640
+8,264
| +8% | +$323K |
|
2306
Forrester Research
FORR
$221M
| $4.25M | ﹤0.01% |
102,570
+2,664
| +3% | +$114K |
|
2307
QuinStreet
QNST
$897M
| $4.25M | ﹤0.01% |
332,884
+19,232
| +6% | +$225K |
|
2308
Par Pacific Holdings
PARR
$4.16B
| $4.25M | ﹤0.01% |
247,409
-9,057
| -4% | -$163K |
|
2309
Independent Bank Corp
IBCP
$793M
| $4.24M | ﹤0.01% |
185,361
-12,268
| -6% | -$286K |
|
2310
V2X
VVX
$2.7B
| $4.23M | ﹤0.01% |
113,737
+17,911
| +19% | +$580K |
|
2311
Utah Medical Products
UTMD
$232M
| $4.23M | ﹤0.01% |
42,765
-6,419
| -13% | -$573K |
|
|
AABA
2312
DELISTED
Altaba Inc
AABA
| $4.22M | ﹤0.01% |
57,033
-10,519
| -16% | -$793K |
|
2313
FB Financial Corp
FBK
$3.05B
| $4.22M | ﹤0.01% |
103,971
+2,038
| +2% | +$85.2K |
|
2314
Icon
ICLR
$12.2B
| $4.21M | ﹤0.01% |
35,680
+2,068
| +6% | +$237K |
|
2315
Intellia Therapeutics
NTLA
$1.5B
| $4.21M | ﹤0.01% |
199,790
+3,865
| +2% | +$95.1K |
|
2316
Mammoth Energy Services
TUSK
$130M
| $4.21M | ﹤0.01% |
131,296
+6,989
| +6% | +$175K |
|
|
CNCE
2317
DELISTED
Concert Pharmaceuticals, Inc.
CNCE
| $4.21M | ﹤0.01% |
183,795
+16,211
| +10% | +$361K |
|
|
PGEM
2318
DELISTED
Ply Gem Holdings, Inc.
PGEM
| $4.2M | ﹤0.01% |
194,663
+13,591
| +8% | +$279K |
|
|
REGI
2319
DELISTED
Renewable Energy Group, Inc.
REGI
| $4.2M | ﹤0.01% |
328,248
+6,930
| +2% | +$77.8K |
|
|
SNCR
2320
DELISTED
Synchronoss Technologies
SNCR
| $4.19M | ﹤0.01% |
44,167
+842
| +2% | +$69.1K |
|
2321
West Bancorporation
WTBA
$481M
| $4.19M | ﹤0.01% |
163,781
+3,877
| +2% | +$98K |
|
|
DSKE
2322
DELISTED
Daseke, Inc. Common Stock
DSKE
| $4.19M | ﹤0.01% |
427,864
+103,058
| +32% | +$1.23M |
|
2323
BioCryst Pharmaceuticals
BCRX
$2.24B
| $4.19M | ﹤0.01% |
877,651
+58,236
| +7% | +$299K |
|
|
EGRX
2324
DELISTED
Eagle Pharmaceuticals, Inc.
EGRX
| $4.18M | ﹤0.01% |
79,414
+1,794
| +2% | +$104K |
|
|
UCFC
2325
DELISTED
United Community Financial Corp
UCFC
| $4.17M | ﹤0.01% |
423,335
+7,980
| +2% | +$76.9K |
|
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.