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 | |
|---|---|---|---|---|---|---|
626
News Corp Class A
NWSA
$15.4B
| $52.2M | 0.02% |
4,022,802
+334,519
| +9% | +$4.19M |
|
|
TSE
627
DELISTED
Trinseo
TSE
| $52M | 0.02% |
775,449
+130,370
| +20% | +$8.75M |
|
628
Douglas Emmett
DEI
$1.96B
| $52M | 0.02% |
1,352,919
+120,624
| +10% | +$4.63M |
|
|
PF
629
DELISTED
Pinnacle Foods, Inc.
PF
| $51.8M | 0.02% |
894,569
+48,805
| +6% | +$2.71M |
|
|
DHC
630
Diversified Healthcare Trust
DHC
$2.14B
| $51.6M | 0.02% |
2,548,020
+214,196
| +9% | +$4.2M |
|
|
BEAV
631
DELISTED
B/E Aerospace Inc
BEAV
| $51.1M | 0.02% |
797,303
+60,437
| +8% | +$3.79M |
|
632
Burlington
BURL
$23.2B
| $50.8M | 0.02% |
522,157
+32,042
| +7% | +$2.84M |
|
633
Keysight
KEYS
$58.3B
| $50.6M | 0.02% |
1,401,445
+164,690
| +13% | +$6.13M |
|
634
NNN REIT
NNN
$8.99B
| $50.5M | 0.02% |
1,158,187
+77,927
| +7% | +$3.45M |
|
635
Copart
CPRT
$27.5B
| $50.3M | 0.02% |
6,502,416
+621,640
| +11% | +$4.57M |
|
|
JWN
636
DELISTED
Nordstrom
JWN
| $50.3M | 0.02% |
1,082,204
+57,018
| +6% | +$2.55M |
|
637
Rithm Capital
RITM
$5.69B
| $50.3M | 0.02% |
2,963,482
+984,728
| +50% | +$16.1M |
|
|
SGEN
638
DELISTED
Seagen Inc. Common Stock
SGEN
| $50M | 0.02% |
795,339
+60,696
| +8% | +$3.79M |
|
|
WBC
639
DELISTED
WABCO HOLDINGS INC.
WBC
| $49.9M | 0.02% |
425,250
+27,941
| +7% | +$3.14M |
|
640
Sun Communities
SUI
$14.7B
| $49.9M | 0.02% |
621,140
+34,108
| +6% | +$2.72M |
|
|
FLG
641
Flagstar Bank National Association
FLG
$5.82B
| $49.5M | 0.02% |
1,181,325
+71,275
| +6% | +$3.21M |
|
|
TEN
642
DELISTED
Tenneco Inc. Class A Voting Common Stock
TEN
| $49.2M | 0.02% |
787,870
+10,209
| +1% | +$670K |
|
643
Assured Guaranty
AGO
$3.34B
| $49.1M | 0.02% |
1,324,309
-24,940
| -2% | -$989K |
|
644
Transocean
RIG
$5.82B
| $49.1M | 0.02% |
3,946,155
+367,675
| +10% | +$5.05M |
|
|
GXP
645
DELISTED
Great Plains Energy Incorporated
GXP
| $49.1M | 0.02% |
1,678,922
+164,388
| +11% | +$4.61M |
|
646
lululemon athletica
LULU
$14.6B
| $48.9M | 0.02% |
942,739
+71,409
| +8% | +$4.7M |
|
647
TripAdvisor
TRIP
$1.26B
| $48.9M | 0.02% |
1,133,708
+78,636
| +7% | +$3.73M |
|
648
Axalta
AXTA
$8.17B
| $48.7M | 0.02% |
1,514,027
+105,795
| +8% | +$3.14M |
|
649
Factset
FDS
$10.2B
| $48.7M | 0.02% |
295,351
+19,754
| +7% | +$3.45M |
|
650
Adient
ADNT
$1.5B
| $48.7M | 0.02% |
670,093
+39,556
| +6% | +$2.6M |
|
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.