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 | |
|---|---|---|---|---|---|---|
701
Service Corp International
SCI
$11.6B
| $43M | 0.02% |
1,393,408
+75,675
| +6% | +$2.28M |
|
702
Polaris
PII
$4.07B
| $42.9M | 0.02% |
512,577
+40,544
| +9% | +$3.49M |
|
|
PPLI
703
People Inc
PPLI
$3.1B
| $42.9M | 0.02% |
3,257,003
+194,944
| +6% | +$2.54M |
|
|
BIVV
704
DELISTED
Bioverativ Inc. Common Stock
BIVV
| $42.8M | 0.02% |
+786,074
| New | +$38.7M |
|
705
Lincoln Electric
LECO
$15.4B
| $42.7M | 0.02% |
491,639
+22,926
| +5% | +$1.92M |
|
706
Arista Networks
ANET
$238B
| $42.6M | 0.02% |
5,149,216
+377,296
| +8% | +$2.6M |
|
707
SLM Corp
SLM
$5.15B
| $42.5M | 0.02% |
3,509,889
+223,357
| +7% | +$2.65M |
|
708
Jabil
JBL
$35.8B
| $42.5M | 0.02% |
1,468,177
+106,943
| +8% | +$2.74M |
|
709
Aecom
ACM
$9.75B
| $42.4M | 0.02% |
1,191,143
+105,196
| +10% | +$3.85M |
|
710
JD.com
JD
$44.5B
| $42.4M | 0.02% |
1,366,206
+160,715
| +13% | +$4.73M |
|
|
EV
711
DELISTED
Eaton Vance Corp.
EV
| $42.3M | 0.02% |
941,850
+87,692
| +10% | +$3.89M |
|
712
Post Holdings
POST
$3.57B
| $42.2M | 0.02% |
736,343
+54,516
| +8% | +$3M |
|
|
UMPQ
713
DELISTED
Umpqua Holdings Corp
UMPQ
| $42M | 0.02% |
2,369,250
+125,597
| +6% | +$2.31M |
|
714
CubeSmart
CUBE
$9.41B
| $42M | 0.02% |
1,617,224
+118,598
| +8% | +$3.11M |
|
715
Lamb Weston
LW
$7.19B
| $41.8M | 0.02% |
993,473
+19,839
| +2% | +$783K |
|
|
S
716
DELISTED
Sprint Corporation
S
| $41.7M | 0.02% |
4,804,704
+225,810
| +5% | +$1.97M |
|
|
DCT
717
DELISTED
DCT Industrial Trust Inc.
DCT
| $41.7M | 0.02% |
865,920
+113,290
| +15% | +$5.33M |
|
|
BRCD
718
DELISTED
Brocade Communications Systems, Inc. NEW
BRCD
| $41.7M | 0.02% |
3,338,002
+245,432
| +8% | +$3.05M |
|
719
RLJ Lodging Trust
RLJ
$1.69B
| $41.6M | 0.02% |
1,769,324
+188,155
| +12% | +$4.39M |
|
720
Ryder
R
$10.1B
| $41.6M | 0.02% |
551,479
+56,642
| +11% | +$4.29M |
|
721
Olin
OLN
$2.12B
| $41.5M | 0.02% |
1,262,009
+79,209
| +7% | +$2.38M |
|
722
Commerce Bancshares
CBSH
$8.5B
| $41.3M | 0.02% |
1,141,419
+80,816
| +8% | +$2.98M |
|
723
Toll Brothers
TOL
$14.5B
| $41.2M | 0.02% |
1,142,376
+62,590
| +6% | +$2.09M |
|
|
WPX
724
DELISTED
WPX Energy, Inc.
WPX
| $41.2M | 0.02% |
3,077,232
+604,800
| +24% | +$8.07M |
|
|
TMX
725
DELISTED
Terminix Global Holdings, Inc.
TMX
| $41.1M | 0.02% |
1,469,034
+95,513
| +7% | +$2.48M |
|
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.