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 | |
|---|---|---|---|---|---|---|
1026
Plexus
PLXS
$7.23B
| $23.7M | 0.01% |
409,315
+46,764
| +13% | +$2.61M |
|
1027
Valley National Bancorp
VLY
$8.04B
| $23.6M | 0.01% |
2,004,062
+140,387
| +8% | +$1.68M |
|
|
CATM
1028
DELISTED
Cardtronics plc Class A Ordinary Shares (UK)
CATM
| $23.6M | 0.01% |
504,891
+47,136
| +10% | +$2.32M |
|
|
ROIC
1029
DELISTED
Retail Opportunity Investments Corp.
ROIC
| $23.5M | 0.01% |
1,119,567
+111,863
| +11% | +$2.36M |
|
1030
Erie Indemnity
ERIE
$13.2B
| $23.5M | 0.01% |
191,808
+10,491
| +6% | +$1.22M |
|
|
QEP
1031
DELISTED
QEP RESOURCES, INC.
QEP
| $23.4M | 0.01% |
1,838,883
+102,887
| +6% | +$1.62M |
|
1032
Cooper-Standard Automotive
CPS
$558M
| $23.3M | 0.01% |
209,940
+14,609
| +7% | +$1.59M |
|
1033
Opko Health
OPK
$1.02B
| $23.1M | 0.01% |
2,889,059
+210,736
| +8% | +$1.77M |
|
|
GPOR
1034
DELISTED
Gulfport Energy Corp.
GPOR
| $23M | 0.01% |
1,340,493
+211,708
| +19% | +$4.06M |
|
1035
International Bancshares
IBOC
$4.57B
| $23M | 0.01% |
650,544
+102,690
| +19% | +$3.87M |
|
|
TXNM
1036
TXNM Energy Inc
TXNM
$5.94B
| $23M | 0.01% |
620,773
+28,882
| +5% | +$1.02M |
|
1037
Minerals Technologies
MTX
$2.34B
| $23M | 0.01% |
299,691
+17,546
| +6% | +$1.36M |
|
|
COR
1038
DELISTED
Coresite Realty Corporation
COR
| $22.9M | 0.01% |
254,547
-26,809
| -10% | -$2.33M |
|
|
CAA
1039
DELISTED
CalAtlantic Group, Inc.
CAA
| $22.8M | 0.01% |
609,941
+74,464
| +14% | +$2.63M |
|
1040
Belden
BDC
$5.19B
| $22.8M | 0.01% |
329,175
+30,883
| +10% | +$2.27M |
|
1041
MillerKnoll
MLKN
$1.67B
| $22.8M | 0.01% |
721,746
+117,185
| +19% | +$3.63M |
|
|
CHS
1042
DELISTED
Chicos FAS, Inc.
CHS
| $22.7M | 0.01% |
1,601,435
+417,281
| +35% | +$5.79M |
|
1043
Universal Corp
UVV
$1.27B
| $22.7M | 0.01% |
320,789
+56,761
| +21% | +$3.96M |
|
|
VRNT
1044
DELISTED
Verint Systems
VRNT
| $22.6M | 0.01% |
1,024,254
+75,903
| +8% | +$1.48M |
|
1045
Ultragenyx Pharmaceutical
RARE
$2.55B
| $22.6M | 0.01% |
333,724
+34,956
| +12% | +$2.66M |
|
|
DOC
1046
DELISTED
PHYSICIANS REALTY TRUST
DOC
| $22.6M | 0.01% |
1,138,096
+133,036
| +13% | +$2.54M |
|
1047
United Natural Foods
UNFI
$2.85B
| $22.5M | 0.01% |
521,303
+61,002
| +13% | +$2.75M |
|
|
BWLD
1048
DELISTED
Buffalo Wild Wings, Inc.
BWLD
| $22.5M | 0.01% |
147,442
+8,614
| +6% | +$1.32M |
|
1049
Clean Harbors
CLH
$16.3B
| $22.5M | 0.01% |
404,499
+27,024
| +7% | +$1.5M |
|
1050
CACI
CACI
$14.2B
| $22.4M | 0.01% |
191,284
+15,724
| +9% | +$1.96M |
|
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.