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 | |
|---|---|---|---|---|---|---|
1001
Dana Inc
DAN
$3.06B
| $25.1M | 0.01% |
1,297,880
-75,746
| -6% | -$1.47M |
|
1002
Bright Horizons
BFAM
$3.86B
| $25M | 0.01% |
344,380
+28,630
| +9% | +$2.01M |
|
1003
First Citizens BancShares
FCNCA
$25.3B
| $25M | 0.01% |
74,429
+5,403
| +8% | +$1.92M |
|
|
CLVS
1004
DELISTED
Clovis Oncology, Inc.
CLVS
| $24.8M | 0.01% |
388,857
+98,407
| +34% | +$5.98M |
|
1005
Thomson Reuters
TRI
$44.1B
| $24.8M | 0.01% |
493,226
+301,658
| +157% | +$15.4M |
|
|
AAN.A
1006
DELISTED
The Aaron's Company Inc Class A
AAN.A
| $24.7M | 0.01% |
831,000
+143,082
| +21% | +$4.25M |
|
1007
Nexstar Media Group
NXST
$5.97B
| $24.7M | 0.01% |
351,752
+126,872
| +56% | +$8.5M |
|
|
CBI
1008
DELISTED
Chicago Bridge & Iron Nv
CBI
| $24.6M | 0.01% |
801,421
+42,391
| +6% | +$1.37M |
|
|
CCMP
1009
DELISTED
CMC Materials, Inc. Common Stock
CCMP
| $24.6M | 0.01% |
321,660
+24,746
| +8% | +$1.7M |
|
|
STL
1010
DELISTED
Sterling Bancorp
STL
| $24.6M | 0.01% |
1,038,521
+85,775
| +9% | +$2.06M |
|
1011
WaFd
WAFD
$2.75B
| $24.6M | 0.01% |
743,005
+30,689
| +4% | +$1.03M |
|
1012
Sprouts Farmers Market
SFM
$8.01B
| $24.5M | 0.01% |
1,060,007
+42,360
| +4% | +$830K |
|
1013
Madison Square Garden
MSGS
$9.39B
| $24.4M | 0.01% |
171,626
+8,966
| +6% | +$1.17M |
|
|
BECN
1014
DELISTED
Beacon Roofing Supply, Inc.
BECN
| $24.3M | 0.01% |
495,006
+31,025
| +7% | +$1.43M |
|
|
CBL
1015
DELISTED
CBL& Associates Properties, Inc.
CBL
| $24.2M | 0.01% |
2,541,636
+452,803
| +22% | +$4.64M |
|
1016
Kennametal
KMT
$2.52B
| $24.2M | 0.01% |
617,823
+43,579
| +8% | +$1.6M |
|
|
TUP
1017
DELISTED
Tupperware Brands Corporation
TUP
| $24.2M | 0.01% |
386,325
+46,734
| +14% | +$2.77M |
|
1018
Visteon
VC
$2.78B
| $24.2M | 0.01% |
247,339
+13,946
| +6% | +$1.29M |
|
1019
CNX Resources
CNX
$5.2B
| $24.2M | 0.01% |
1,732,181
+82,035
| +5% | +$1.16M |
|
1020
Spire
SR
$4.85B
| $24.2M | 0.01% |
358,153
+29,292
| +9% | +$1.91M |
|
|
WCC
1021
WESCO International
WCC
$17.7B
| $24.2M | 0.01% |
347,305
+45,629
| +15% | +$3.2M |
|
1022
Lumentum
LITE
$69.3B
| $24.1M | 0.01% |
451,590
+19,940
| +5% | +$880K |
|
1023
Texas Roadhouse
TXRH
$13.7B
| $24M | 0.01% |
539,967
+48,208
| +10% | +$2.17M |
|
|
MBLY
1024
DELISTED
Mobileye N.V.
MBLY
| $23.8M | 0.01% |
388,327
+59,482
| +18% | +$2.86M |
|
1025
Cheesecake Factory
CAKE
$5.33B
| $23.7M | 0.01% |
373,615
+10,749
| +3% | +$654K |
|
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.