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 | |
|---|---|---|---|---|---|---|
2651
Bankwell Financial Group
BWFG
$546M
| $1.92M | ﹤0.01% |
55,763
+33,950
| +156% | +$1.07M |
|
|
ORM
2652
DELISTED
Owens Realty Mortgage, Inc.
ORM
| $1.92M | ﹤0.01% |
107,630
+6,712
| +7% | +$116K |
|
|
EMKR
2653
DELISTED
Emcore Corp
EMKR
| $1.91M | ﹤0.01% |
21,242
+737
| +4% | +$67.1K |
|
|
STS
2654
DELISTED
Supreme Industries Inc Class A
STS
| $1.91M | ﹤0.01% |
94,137
+9,298
| +11% | +$174K |
|
2655
Citi Trends
CTRN
$636M
| $1.91M | ﹤0.01% |
112,138
+3,473
| +3% | +$60.5K |
|
|
CETV
2656
DELISTED
Central European Media Enterprises Ltd
CETV
| $1.9M | ﹤0.01% |
614,433
+16,011
| +3% | +$44.8K |
|
|
EVRI
2657
DELISTED
Everi Holdings
EVRI
| $1.89M | ﹤0.01% |
395,523
-29
| -0% | -$95 |
|
2658
Southern First Bancshares
SFST
$604M
| $1.89M | ﹤0.01% |
57,829
+37,277
| +181% | +$1.27M |
|
2659
Covenant Logistics
CVLG
$862M
| $1.88M | ﹤0.01% |
200,414
+8,136
| +4% | +$80.2K |
|
|
SIGM
2660
DELISTED
Sigma Designs Inc
SIGM
| $1.88M | ﹤0.01% |
301,403
+30,704
| +11% | +$189K |
|
|
WINS
2661
DELISTED
Wins Finance Holdings Inc. Ordinary Shares (Cayman Islands)
WINS
| $1.88M | ﹤0.01% |
12,982
+3,515
| +37% | +$970K |
|
2662
Vera Bradley
VRA
$94.1M
| $1.88M | ﹤0.01% |
201,508
+34,134
| +20% | +$359K |
|
2663
Seres Therapeutics
MCRB
$47.2M
| $1.87M | ﹤0.01% |
8,316
+453
| +6% | +$91.9K |
|
|
CLCT
2664
DELISTED
Collectors Universe
CLCT
| $1.87M | ﹤0.01% |
71,762
+25,099
| +54% | +$575K |
|
|
XBKS
2665
DELISTED
Xenith Bankshares, Inc. Common Stock
XBKS
| $1.87M | ﹤0.01% |
73,644
+4,920
| +7% | +$131K |
|
|
PTVCB
2666
DELISTED
Protective Insurance Corporation Class B Common Stock
PTVCB
| $1.87M | ﹤0.01% |
76,399
+16,967
| +29% | +$408K |
|
|
CAI
2667
DELISTED
CAI International, Inc.
CAI
| $1.86M | ﹤0.01% |
118,436
+3,611
| +3% | +$52.5K |
|
2668
Invesco Pennsylvania Value Municipal Income Trust
VPV
$201M
| $1.86M | ﹤0.01% |
153,118
+73,763
| +93% | +$901K |
|
|
SFE
2669
DELISTED
Safeguard Scientifics, Inc.
SFE
| $1.86M | ﹤0.01% |
146,721
+6,742
| +5% | +$84.9K |
|
2670
National Bankshares
NKSH
$270M
| $1.86M | ﹤0.01% |
49,580
+3,402
| +7% | +$138K |
|
|
MCBC
2671
DELISTED
Macatawa Bank Corp
MCBC
| $1.86M | ﹤0.01% |
188,366
+16,223
| +9% | +$162K |
|
2672
Lantheus
LNTH
$6.58B
| $1.86M | ﹤0.01% |
148,710
-25,886
| -15% | -$274K |
|
2673
Bristow Group
VTOL
$1.35B
| $1.86M | ﹤0.01% |
70,010
+2,318
| +3% | +$66.8K |
|
|
TRK
2674
DELISTED
Speedway Motorsports, Inc.
TRK
| $1.85M | ﹤0.01% |
98,045
+3,270
| +3% | +$67.9K |
|
2675
Lifetime Brands
LCUT
$223M
| $1.84M | ﹤0.01% |
91,809
+9,364
| +11% | +$153K |
|
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.