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 | |
|---|---|---|---|---|---|---|
976
MGIC Investment
MTG
$6.25B
| $26.1M | 0.01% |
2,579,365
+184,619
| +8% | +$1.94M |
|
977
Energizer
ENR
$1.55B
| $26.1M | 0.01% |
467,724
+33,967
| +8% | +$1.79M |
|
|
LM
978
DELISTED
Legg Mason, Inc.
LM
| $26M | 0.01% |
720,658
+16,831
| +2% | +$583K |
|
979
Pinnacle Financial Partners Inc
PNFP
$15.8B
| $26M | 0.01% |
391,227
+55,137
| +16% | +$3.72M |
|
980
O-I Glass
OI
$1.08B
| $26M | 0.01% |
1,275,417
+60,903
| +5% | +$1.19M |
|
|
CXP
981
DELISTED
COLUMBIA PROPERTY TRUST, INC.
CXP
| $26M | 0.01% |
1,167,453
+81,908
| +8% | +$1.83M |
|
982
Terex
TEX
$7.74B
| $25.9M | 0.01% |
824,753
+58,306
| +8% | +$1.83M |
|
983
Advanced Energy
AEIS
$13B
| $25.9M | 0.01% |
377,060
+64,569
| +21% | +$3.99M |
|
|
MDSO
984
DELISTED
Medidata Solutions, Inc.
MDSO
| $25.8M | 0.01% |
447,325
+16,788
| +4% | +$908K |
|
|
PRA
985
DELISTED
ProAssurance
PRA
| $25.8M | 0.01% |
428,105
+42,287
| +11% | +$2.43M |
|
|
ACH
986
Accendra Health
ACH
$214M
| $25.8M | 0.01% |
745,289
+91,330
| +14% | +$3.26M |
|
987
Nu Skin
NUS
$267M
| $25.7M | 0.01% |
463,015
+81,049
| +21% | +$4.17M |
|
988
Cleveland-Cliffs
CLF
$6.99B
| $25.7M | 0.01% |
3,125,683
+721,544
| +30% | +$6.86M |
|
989
Ciena
CIEN
$58.4B
| $25.6M | 0.01% |
1,086,088
+97,842
| +10% | +$2.4M |
|
990
Dolby
DLB
$5.79B
| $25.6M | 0.01% |
488,567
+63,853
| +15% | +$3.16M |
|
|
MBFI
991
DELISTED
MB Financial Corp
MBFI
| $25.6M | 0.01% |
597,642
+40,550
| +7% | +$1.82M |
|
|
TCF
992
DELISTED
TCF Financial Corporation
TCF
| $25.6M | 0.01% |
1,503,235
+168,303
| +13% | +$2.99M |
|
|
ELLI
993
DELISTED
Ellie Mae Inc
ELLI
| $25.6M | 0.01% |
255,117
+14,833
| +6% | +$1.36M |
|
|
SF
994
Stifel
SF
$12.6B
| $25.6M | 0.01% |
1,145,405
+73,629
| +7% | +$1.7M |
|
995
Healthcare Services Group
HCSG
$1.53B
| $25.4M | 0.01% |
589,402
+32,191
| +6% | +$1.32M |
|
996
Genpact
G
$5.76B
| $25.4M | 0.01% |
1,025,375
+37,490
| +4% | +$914K |
|
|
SAFM
997
DELISTED
Sanderson Farms Inc
SAFM
| $25.2M | 0.01% |
242,900
+63,385
| +35% | +$5.98M |
|
998
Chord Energy
CHRD
$7.39B
| $25.2M | 0.01% |
1,765,914
-89,656
| -5% | -$1.26M |
|
999
Acadia Realty Trust
AKR
$2.84B
| $25.2M | 0.01% |
837,113
+99,395
| +13% | +$3.13M |
|
1000
Timken Company
TKR
$9.03B
| $25.1M | 0.01% |
555,928
+47,829
| +9% | +$2.11M |
|
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.