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 |
Apple
AAPL
|
+$465M |
| 2 |
Microsoft
MSFT
|
+$373M |
| 3 |
Amazon
AMZN
|
+$274M |
| 4 |
ExxonMobil
XOM
|
+$253M |
| 5 |
Meta Platforms (Facebook)
META
|
+$251M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
SE
Spectra Energy Corp Wi
SE
|
+$249M |
| 2 |
STJ
St Jude Medical
STJ
|
+$203M |
| 3 |
LLTC
Linear Technology Corp
LLTC
|
+$156M |
| 4 |
HAR
Harman International Industries
HAR
|
+$71.2M |
| 5 |
CSC
Computer Sciences
CSC
|
+$56.7M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 15.77% |
| 2 | Financials | 15.74% |
| 3 | Healthcare | 13.31% |
| 4 | Industrials | 10.5% |
| 5 | Consumer Discretionary | 9.38% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
2501
Park-Ohio Holdings
PKOH
$717M
| $2.47M | ﹤0.01% |
68,762
+3,835
| +6% | +$158K |
|
|
GLBL
2502
DELISTED
TerraForm Global, Inc. Class A Common Stock
GLBL
| $2.47M | ﹤0.01% |
514,641
+27,478
| +6% | +$124K |
|
2503
SandRidge Energy
SD
$519M
| $2.46M | ﹤0.01% |
133,265
| – | – |
|
|
CHFN
2504
DELISTED
Charter Financial Corp
CHFN
| $2.46M | ﹤0.01% |
125,138
+32,869
| +36% | +$592K |
|
|
MRT
2505
DELISTED
MedEquities Realty Trust, Inc.
MRT
| $2.46M | ﹤0.01% |
219,235
+5,910
| +3% | +$66K |
|
|
CACB
2506
DELISTED
Cascade Bancorp
CACB
| $2.45M | ﹤0.01% |
317,887
+46,347
| +17% | +$368K |
|
|
ENZ
2507
DELISTED
Enzo Biochem, Inc.
ENZ
| $2.44M | ﹤0.01% |
291,119
+23,036
| +9% | +$162K |
|
|
BCOV
2508
DELISTED
Brightcove, Inc.
BCOV
| $2.44M | ﹤0.01% |
273,798
+22,291
| +9% | +$177K |
|
|
CNCE
2509
DELISTED
Concert Pharmaceuticals, Inc.
CNCE
| $2.44M | ﹤0.01% |
142,740
+838
| +0.6% | +$10.1K |
|
2510
Nutanix
NTNX
$18.1B
| $2.43M | ﹤0.01% |
129,489
+14,097
| +12% | +$378K |
|
|
WRD
2511
DELISTED
WildHorse Resource Development
WRD
| $2.43M | ﹤0.01% |
+195,177
| New | +$2.59M |
|
2512
Workiva
WK
$3.88B
| $2.42M | ﹤0.01% |
154,844
+3,639
| +2% | +$51.1K |
|
2513
PennyMac Financial
PFSI
$4.14B
| $2.42M | ﹤0.01% |
141,960
+2,913
| +2% | +$50.4K |
|
2514
Plug Power
PLUG
$3.19B
| $2.42M | ﹤0.01% |
1,750,660
+407,653
| +30% | +$467K |
|
2515
NACCO Industries
NC
$316M
| $2.41M | ﹤0.01% |
151,265
+3,651
| +2% | +$61K |
|
2516
Citizens
CIA
$198M
| $2.41M | ﹤0.01% |
323,990
+11,262
| +4% | +$100K |
|
2517
Ceco Environmental
CECO
$4.48B
| $2.4M | ﹤0.01% |
228,779
+11,935
| +6% | +$144K |
|
2518
Nicolet Bankshares
NIC
$3.75B
| $2.4M | ﹤0.01% |
50,785
+3,610
| +8% | +$174K |
|
|
ORC
2519
Orchid Island Capital
ORC
$1.33B
| $2.4M | ﹤0.01% |
48,074
+20,075
| +72% | +$1.09M |
|
2520
STAAR Surgical
STAA
$1.24B
| $2.4M | ﹤0.01% |
245,080
+14,420
| +6% | +$144K |
|
2521
AppFolio
APPF
$7.23B
| $2.39M | ﹤0.01% |
88,033
+9,458
| +12% | +$226K |
|
2522
DHI Group
DHX
$174M
| $2.39M | ﹤0.01% |
606,441
+107,974
| +22% | +$558K |
|
|
NSTG
2523
DELISTED
NanoString Technologies, Inc.
NSTG
| $2.39M | ﹤0.01% |
120,246
-2,380
| -2% | -$45.3K |
|
2524
CVR Energy
CVI
$3.56B
| $2.38M | ﹤0.01% |
118,803
+2,138
| +2% | +$47.1K |
|
|
DSPG
2525
DELISTED
DSP Group Inc
DSPG
| $2.38M | ﹤0.01% |
198,569
+4,923
| +3% | +$54.6K |
|
Similar funds
Geode Capital Management's Q1 2017 Portfolio in Review
As of Q1 2017, Geode Capital Management held 4,180 positions worth $244B, up 13% from $215B the previous quarter. Its ten largest holdings account for 16% of the portfolio.
Geode Capital Management deployed $16.9B of net new capital in Q1 2017, opening 139 new positions and adding to 3,365 existing holdings. Its largest new stake was Bioverativ Inc. Common Stock: 786,074 shares worth $42.8M.
By sector, the portfolio is most concentrated in Technology at 16% of assets, up from 15% a quarter earlier, followed by Financials and Healthcare.
On the sell side, the largest reduction was Computer Sciences, an estimated $56.7M trimmed.
- Geode Capital Management's largest Q1 2017 buy was Bioverativ Inc. Common Stock: 786,074 shares worth $42.8M.
- Geode Capital Management added most to Apple in Q1 2017, an estimated $465M increase.
- Geode Capital Management's biggest Q1 2017 reduction was Computer Sciences, cutting an estimated $56.7M.
- Geode Capital Management fully exited Spectra Energy Corp Wi in Q1 2017, selling an estimated $249M.
- Geode Capital Management's ten largest holdings make up 16% of its $244B portfolio in Q1 2017.
- Geode Capital Management opened 139 new positions and closed 111 in Q1 2017.
- Geode Capital Management's portfolio value rose 13% quarter-over-quarter to $244B.
Based on Geode Capital Management's 13F filing for Q1 2017, filed 12 May 2017.