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 | |
|---|---|---|---|---|---|---|
|
SNBC
2526
DELISTED
Sun Bancorp Inc
SNBC
| $2.38M | ﹤0.01% |
97,475
+4,154
| +4% | +$104K |
|
|
CACQ
2527
DELISTED
Caesars Acquisition Company
CACQ
| $2.38M | ﹤0.01% |
154,353
+20,415
| +15% | +$298K |
|
2528
Old Second Bancorp
OSBC
$1.31B
| $2.37M | ﹤0.01% |
210,956
+6,603
| +3% | +$71.1K |
|
|
ZIXI
2529
DELISTED
Zix Corporation
ZIXI
| $2.37M | ﹤0.01% |
493,262
+48,355
| +11% | +$239K |
|
2530
Ducommun
DCO
$3.01B
| $2.37M | ﹤0.01% |
82,291
+8,289
| +11% | +$242K |
|
|
OSG
2531
DELISTED
Overseas Shipholding Group Inc.
OSG
| $2.37M | ﹤0.01% |
612,847
-8,840
| -1% | -$41.7K |
|
|
AHGP
2532
DELISTED
Alliance Holdings GP
AHGP
| $2.37M | ﹤0.01% |
86,278
+13,893
| +19% | +$397K |
|
|
PHX
2533
DELISTED
PHX Minerals
PHX
| $2.36M | ﹤0.01% |
122,722
+4,013
| +3% | +$82.4K |
|
|
NVEE
2534
DELISTED
NV5 Global
NVEE
| $2.35M | ﹤0.01% |
250,200
+23,172
| +10% | +$219K |
|
2535
Western New England Bancorp
WNEB
$282M
| $2.34M | ﹤0.01% |
222,774
+3,209
| +1% | +$31.6K |
|
|
RAS
2536
DELISTED
RAIT Financial Trust
RAS
| $2.34M | ﹤0.01% |
730,333
+149,725
| +26% | +$509K |
|
2537
Ardelyx
ARDX
$1.01B
| $2.33M | ﹤0.01% |
184,664
+8,855
| +5% | +$117K |
|
|
MOFG
2538
DELISTED
MidWestOne Financial Group
MOFG
| $2.33M | ﹤0.01% |
68,124
+7,381
| +12% | +$266K |
|
2539
El Pollo Loco
LOCO
$471M
| $2.33M | ﹤0.01% |
195,316
+7,982
| +4% | +$97.9K |
|
2540
Utah Medical Products
UTMD
$230M
| $2.33M | ﹤0.01% |
37,477
+1,550
| +4% | +$97.6K |
|
2541
Rockwell Medical
RMTI
$30.9M
| $2.33M | ﹤0.01% |
3,379
+300
| +10% | +$198K |
|
2542
Regional Management Corp
RM
$301M
| $2.32M | ﹤0.01% |
119,497
+6,280
| +6% | +$141K |
|
|
WLB
2543
DELISTED
Westmoreland Coal Company
WLB
| $2.32M | ﹤0.01% |
159,882
+656
| +0.4% | +$10.4K |
|
2544
Energy Recovery
ERII
$399M
| $2.32M | ﹤0.01% |
278,561
+12,408
| +5% | +$115K |
|
2545
Peoples Financial Services
PFIS
$717M
| $2.31M | ﹤0.01% |
55,165
+748
| +1% | +$32.6K |
|
2546
Atlassian
TEAM
$42.1B
| $2.31M | ﹤0.01% |
76,966
+15,706
| +26% | +$444K |
|
2547
Sierra Bancorp
BSRR
$532M
| $2.3M | ﹤0.01% |
83,977
+10,073
| +14% | +$275K |
|
2548
Axogen
AXGN
$2.58B
| $2.3M | ﹤0.01% |
220,143
+15,528
| +8% | +$158K |
|
2549
Nice
NICE
$6.17B
| $2.3M | ﹤0.01% |
33,824
+4,440
| +15% | +$305K |
|
|
LBY
2550
DELISTED
Libbey, Inc.
LBY
| $2.3M | ﹤0.01% |
157,643
+5,244
| +3% | +$85.5K |
|
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.