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 | |
|---|---|---|---|---|---|---|
2376
FRP Holdings
FRPH
$434M
| $3.79M | ﹤0.01% |
135,522
+39,376
| +41% | +$999K |
|
2377
Inovio Pharmaceuticals
INO
$57.8M
| $3.79M | ﹤0.01% |
67,108
-2,361
| -3% | -$128K |
|
|
OMN
2378
DELISTED
OMNOVA Solutions Inc.
OMN
| $3.79M | ﹤0.01% |
361,087
+16,958
| +5% | +$177K |
|
|
KERX
2379
DELISTED
Keryx Biopharmaceuticals Inc
KERX
| $3.79M | ﹤0.01% |
926,708
+14,529
| +2% | +$67.7K |
|
2380
Hurco Companies Inc
HURC
$140M
| $3.79M | ﹤0.01% |
82,525
+4,939
| +6% | +$221K |
|
2381
Accuray
ARAY
$31.9M
| $3.77M | ﹤0.01% |
754,894
+19,578
| +3% | +$103K |
|
2382
Equity Bancshares
EQBK
$1.05B
| $3.77M | ﹤0.01% |
96,180
+6,643
| +7% | +$246K |
|
|
KDNY
2383
DELISTED
Chinook Therapeutics, Inc. Common Stock
KDNY
| $3.76M | ﹤0.01% |
80,788
+9,657
| +14% | +$353K |
|
2384
American Coastal Insurance
ACIC
$526M
| $3.74M | ﹤0.01% |
195,370
+11,659
| +6% | +$224K |
|
|
TACO
2385
DELISTED
Del Taco Restaurants, Inc. Common Stock
TACO
| $3.73M | ﹤0.01% |
359,885
+39,712
| +12% | +$491K |
|
|
ONIT
2386
Onity Group
ONIT
$317M
| $3.73M | ﹤0.01% |
60,317
+1,185
| +2% | +$63.6K |
|
|
SGYP
2387
DELISTED
Synergy Pharmaceuticals, Inc Common Stock
SGYP
| $3.72M | ﹤0.01% |
2,035,049
+46,114
| +2% | +$97.4K |
|
|
VRTV
2388
DELISTED
VERITIV CORPORATION
VRTV
| $3.72M | ﹤0.01% |
94,993
-2,025
| -2% | -$61.5K |
|
|
GNRT
2389
DELISTED
Gener8 Maritime, Inc.
GNRT
| $3.72M | ﹤0.01% |
658,954
+5,050
| +0.8% | +$30.1K |
|
|
CTLP
2390
DELISTED
Cantaloupe
CTLP
| $3.72M | ﹤0.01% |
413,358
+8,281
| +2% | +$74K |
|
2391
Community Health Systems
CYH
$416M
| $3.72M | ﹤0.01% |
939,404
+33,125
| +4% | +$166K |
|
2392
Freshpet
FRPT
$2.92B
| $3.72M | ﹤0.01% |
226,009
+21,184
| +10% | +$392K |
|
2393
Roku
ROKU
$21.7B
| $3.71M | ﹤0.01% |
119,419
| – | – |
|
2394
TETRA Technologies
TTI
$1.16B
| $3.71M | ﹤0.01% |
988,719
+26,923
| +3% | +$106K |
|
|
QADA
2395
DELISTED
QAD Inc.
QADA
| $3.69M | ﹤0.01% |
88,709
-11,549
| -12% | -$494K |
|
2396
OneSpan
OSPN
$587M
| $3.69M | ﹤0.01% |
284,897
+3,339
| +1% | +$45.6K |
|
|
ASRT
2397
DELISTED
Assertio
ASRT
| $3.68M | ﹤0.01% |
9,311
+284
| +3% | +$124K |
|
2398
Nicolet Bankshares
NIC
$3.67B
| $3.66M | ﹤0.01% |
66,533
+2,438
| +4% | +$134K |
|
|
ANCX
2399
DELISTED
Access National Corp
ANCX
| $3.66M | ﹤0.01% |
128,305
+2,417
| +2% | +$69.6K |
|
|
WSR
2400
DELISTED
Whitestone REIT
WSR
| $3.66M | ﹤0.01% |
352,063
+5,130
| +1% | +$62.6K |
|
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.