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 | |
|---|---|---|---|---|---|---|
|
EQC
776
DELISTED
Equity Commonwealth
EQC
| $36.5M | 0.02% |
1,168,071
+72,131
| +7% | +$2.24M |
|
777
IPG Photonics
IPGP
$3.84B
| $36.4M | 0.01% |
301,840
+19,642
| +7% | +$2.22M |
|
|
INVX
778
Innovex International
INVX
$1.97B
| $36.4M | 0.01% |
667,235
-33,934
| -5% | -$2.03M |
|
|
SIX
779
DELISTED
Six Flags Entertainment Corp.
SIX
| $36.3M | 0.01% |
609,764
+38,708
| +7% | +$2.32M |
|
|
TCO
780
DELISTED
Taubman Centers Inc.
TCO
| $36.2M | 0.01% |
548,559
+32,633
| +6% | +$2.26M |
|
|
WRI
781
DELISTED
Weingarten Realty Investors
WRI
| $36.2M | 0.01% |
1,084,163
+69,976
| +7% | +$2.44M |
|
|
THS
782
DELISTED
Treehouse Foods
THS
| $36.2M | 0.01% |
427,437
+32,354
| +8% | +$2.59M |
|
783
MSC Industrial Direct
MSM
$6.86B
| $36.2M | 0.01% |
352,019
+29,072
| +9% | +$2.95M |
|
|
GRA
784
DELISTED
W.R. Grace & Co.
GRA
| $36.1M | 0.01% |
518,485
+26,059
| +5% | +$1.83M |
|
785
Steris
STE
$23.1B
| $36.1M | 0.01% |
520,090
+31,860
| +7% | +$2.2M |
|
786
SITE Centers
SITC
$165M
| $35.8M | 0.01% |
2,217,548
+215,082
| +11% | +$3.97M |
|
|
BMS
787
DELISTED
Bemis
BMS
| $35.5M | 0.01% |
727,544
+55,775
| +8% | +$2.75M |
|
788
Prosperity Bancshares
PB
$8.89B
| $35.5M | 0.01% |
509,707
+15,434
| +3% | +$1.12M |
|
|
NUAN
789
DELISTED
Nuance Communications, Inc.
NUAN
| $35.5M | 0.01% |
2,368,271
+220,595
| +10% | +$3.14M |
|
|
LSI
790
DELISTED
Life Storage, Inc.
LSI
| $35.3M | 0.01% |
645,639
+56,541
| +10% | +$3.17M |
|
791
Williams-Sonoma
WSM
$29.6B
| $35.3M | 0.01% |
1,318,246
+95,008
| +8% | +$2.32M |
|
|
HR
792
DELISTED
Healthcare Realty Trust Incorporated
HR
| $35.3M | 0.01% |
1,084,930
+61,016
| +6% | +$1.89M |
|
|
DFT
793
DELISTED
DuPont Fabros Technology Inc.
DFT
| $35.2M | 0.01% |
709,936
+62,095
| +10% | +$3.01M |
|
|
HOUS
794
DELISTED
Anywhere Real Estate
HOUS
| $35.1M | 0.01% |
1,179,759
+130,329
| +12% | +$3.54M |
|
|
RSPP
795
DELISTED
RSP Permian, Inc.
RSPP
| $35M | 0.01% |
845,727
+148,495
| +21% | +$6.17M |
|
796
Sabre
SABR
$835M
| $34.9M | 0.01% |
1,648,187
+118,583
| +8% | +$2.71M |
|
|
CCP
797
DELISTED
Care Capital Properties, Inc.
CCP
| $34.9M | 0.01% |
1,297,602
+108,239
| +9% | +$2.73M |
|
|
ATHN
798
DELISTED
Athenahealth, Inc.
ATHN
| $34.8M | 0.01% |
308,664
+22,391
| +8% | +$2.61M |
|
799
TD Synnex
SNX
$20.2B
| $34.8M | 0.01% |
621,162
+63,000
| +11% | +$3.75M |
|
800
Euronet Worldwide
EEFT
$2.7B
| $34.7M | 0.01% |
406,035
+34,386
| +9% | +$2.7M |
|
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.