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 | |
|---|---|---|---|---|---|---|
|
EEX
2351
DELISTED
Emerald Holding
EEX
| $3.98M | ﹤0.01% |
204,253
+25,346
| +14% | +$527K |
|
|
ABTX
2352
DELISTED
Allegiance Bancshares
ABTX
| $3.98M | ﹤0.01% |
101,565
+1,749
| +2% | +$68.8K |
|
2353
Spok Holdings
SPOK
$232M
| $3.96M | ﹤0.01% |
265,015
+42,109
| +19% | +$637K |
|
2354
Fate Therapeutics
FATE
$291M
| $3.95M | ﹤0.01% |
404,634
+57,061
| +16% | +$547K |
|
2355
Lands' End
LE
$382M
| $3.94M | ﹤0.01% |
168,950
+21,064
| +14% | +$389K |
|
|
NVEE
2356
DELISTED
NV5 Global
NVEE
| $3.94M | ﹤0.01% |
282,656
+6,972
| +3% | +$86K |
|
|
CORR
2357
DELISTED
CorEnergy Infrastructure Trust, Inc.
CORR
| $3.94M | ﹤0.01% |
104,877
+7,969
| +8% | +$297K |
|
|
AKAO
2358
DELISTED
Achaogen Inc
AKAO
| $3.92M | ﹤0.01% |
303,152
+8,434
| +3% | +$95.7K |
|
2359
Sonic Automotive
SAH
$2.79B
| $3.92M | ﹤0.01% |
206,738
-10,295
| -5% | -$208K |
|
|
GLUU
2360
DELISTED
Glu Mobile Inc.
GLUU
| $3.9M | ﹤0.01% |
1,035,964
+64,038
| +7% | +$240K |
|
2361
Ichor Holdings
ICHR
$2.82B
| $3.9M | ﹤0.01% |
161,300
+3,275
| +2% | +$89.2K |
|
2362
Motorcar Parts of America
MPAA
$258M
| $3.9M | ﹤0.01% |
182,130
+3,612
| +2% | +$87.7K |
|
|
BFX
2363
DELISTED
BowFlex Inc.
BFX
| $3.89M | ﹤0.01% |
289,157
+26,611
| +10% | +$337K |
|
2364
Financial Institutions
FISI
$839M
| $3.88M | ﹤0.01% |
131,268
+8,061
| +7% | +$253K |
|
2365
Alpha and Omega Semiconductor
AOSL
$945M
| $3.88M | ﹤0.01% |
251,062
+2,327
| +0.9% | +$37.6K |
|
|
MRT
2366
DELISTED
MedEquities Realty Trust, Inc.
MRT
| $3.87M | ﹤0.01% |
368,689
+18,906
| +5% | +$201K |
|
2367
Lexicon Pharmaceuticals
LXRX
$1.03B
| $3.87M | ﹤0.01% |
451,742
+7,923
| +2% | +$73.3K |
|
2368
Republic Bancorp
RBCAA
$1.97B
| $3.87M | ﹤0.01% |
100,990
+1,822
| +2% | +$70.9K |
|
|
TPCO
2369
DELISTED
Tribune Publishing Company Common Stock
TPCO
| $3.86M | ﹤0.01% |
235,038
+20,037
| +9% | +$372K |
|
2370
OFG Bancorp
OFG
$2.25B
| $3.85M | ﹤0.01% |
367,984
+8,162
| +2% | +$86.5K |
|
2371
Hooker Furnishings Corp
HOFT
$159M
| $3.84M | ﹤0.01% |
104,638
+5,892
| +6% | +$228K |
|
|
PCSB
2372
DELISTED
PCSB Financial Corporation
PCSB
| $3.84M | ﹤0.01% |
183,048
+2,680
| +1% | +$53.7K |
|
|
BFYT
2373
DELISTED
Benefytt Technologies, Inc. Class A Common Stock
BFYT
| $3.83M | ﹤0.01% |
132,580
-155,901
| -54% | -$4.37M |
|
2374
First Community Bankshares
FCBC
$909M
| $3.82M | ﹤0.01% |
127,993
+3,257
| +3% | +$92.5K |
|
2375
Westwood Holdings Group
WHG
$183M
| $3.8M | ﹤0.01% |
67,265
+7,920
| +13% | +$482K |
|
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.