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 | |
|---|---|---|---|---|---|---|
|
NETI
3051
DELISTED
Eneti Inc.
NETI
| $857K | ﹤0.01% |
10,027
+1,459
| +17% | +$102K |
|
3052
QuickLogic
QUIK
$248M
| $856K | ﹤0.01% |
34,392
+12,675
| +58% | +$290K |
|
|
WG
3053
DELISTED
Willbros Group
WG
| $856K | ﹤0.01% |
312,743
+9,936
| +3% | +$29K |
|
|
CLAC
3054
DELISTED
Capitol Acquisition Corp. III
CLAC
| $855K | ﹤0.01% |
+81,068
| New | +$820K |
|
3055
Destination XL Group
DXLG
$32.1M
| $852K | ﹤0.01% |
299,277
+10,470
| +4% | +$32.3K |
|
|
SOHU
3056
Sohu.com
SOHU
$374M
| $846K | ﹤0.01% |
21,529
-14,921
| -41% | -$598K |
|
|
FONR
3057
DELISTED
Fonar
FONR
| $845K | ﹤0.01% |
48,221
+198
| +0.4% | +$3.73K |
|
3058
Corvus Pharmaceuticals
CRVS
$1.19B
| $842K | ﹤0.01% |
40,550
+2,570
| +7% | +$40.3K |
|
|
NMY
3059
DELISTED
Nuveen Maryland Quality Municipal Income Fund
NMY
| $841K | ﹤0.01% |
66,334
-200
| -0.3% | -$2.52K |
|
|
ORBK
3060
DELISTED
Orbotech Ltd
ORBK
| $840K | ﹤0.01% |
26,066
+3,338
| +15% | +$108K |
|
|
PZN
3061
DELISTED
Pzena Investment Management, Inc. Class A
PZN
| $838K | ﹤0.01% |
85,240
+3,563
| +4% | +$36.2K |
|
|
NYNY
3062
DELISTED
Empire Resorts, Inc.
NYNY
| $838K | ﹤0.01% |
34,577
+2,364
| +7% | +$54.5K |
|
3063
GSI Technology
GSIT
$251M
| $832K | ﹤0.01% |
95,704
+14,191
| +17% | +$97.7K |
|
3064
Lesaka Technologies
LSAK
$417M
| $831K | ﹤0.01% |
67,988
-123
| -0.2% | -$1.54K |
|
|
SPNS
3065
DELISTED
Sapiens International
SPNS
| $831K | ﹤0.01% |
64,545
+5,116
| +9% | +$70.7K |
|
|
VSA
3066
VisionSys AI
VSA
$10.7M
| $830K | ﹤0.01% |
18
-1
| -5% | -$40.2K |
|
3067
VirnetX Holding Corp
VHC
$60.3M
| $828K | ﹤0.01% |
18,009
+583
| +3% | +$26.8K |
|
3068
Voyager Therapeutics
VYGR
$198M
| $827K | ﹤0.01% |
62,485
+4,516
| +8% | +$54.8K |
|
3069
Dawson Geophysical
DWSN
$134M
| $825K | ﹤0.01% |
155,839
+5,660
| +4% | +$39.1K |
|
|
FOGO
3070
DELISTED
Fogo de Chao, Inc. Common Stock
FOGO
| $821K | ﹤0.01% |
50,548
+2,808
| +6% | +$40.3K |
|
3071
Provident Financial
PROV
$113M
| $819K | ﹤0.01% |
43,927
+5,184
| +13% | +$98K |
|
|
BBL
3072
DELISTED
BHP Group Plc American Depositary Shares (Each representing two Ordinary Shares)
BBL
| $818K | ﹤0.01% |
26,307
+3,144
| +14% | +$106K |
|
|
PFNX
3073
DELISTED
Pfenex Inc.
PFNX
| $813K | ﹤0.01% |
140,011
+4,394
| +3% | +$33K |
|
3074
Royal Bank of Canada
RY
$293B
| $808K | ﹤0.01% |
11,091
+531
| +5% | +$38.5K |
|
|
XONE
3075
DELISTED
The ExOne Company
XONE
| $808K | ﹤0.01% |
79,324
+2,455
| +3% | +$24.8K |
|
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.