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 | |
|---|---|---|---|---|---|---|
1051
Integra LifeSciences
IART
$1.34B
| $22.4M | 0.01% |
531,732
+33,742
| +7% | +$1.44M |
|
1052
Cable One
CABO
$200M
| $22.3M | 0.01% |
35,756
+4,292
| +14% | +$2.68M |
|
|
VRE
1053
DELISTED
Veris Residential
VRE
| $22.3M | 0.01% |
827,973
+73,584
| +10% | +$2.06M |
|
|
FDC
1054
DELISTED
First Data Corporation
FDC
| $22.3M | 0.01% |
1,437,417
+110,524
| +8% | +$1.73M |
|
|
EXAS
1055
DELISTED
Exact Sciences
EXAS
| $22.2M | 0.01% |
941,797
+106,536
| +13% | +$2.11M |
|
1056
Globus Medical
GMED
$11.4B
| $22.2M | 0.01% |
750,463
+84,912
| +13% | +$2.32M |
|
1057
NorthWestern Energy
NWE
$4.35B
| $22.2M | 0.01% |
378,386
+28,598
| +8% | +$1.64M |
|
1058
Urban Edge Properties
UE
$2.71B
| $22.2M | 0.01% |
844,434
+46,478
| +6% | +$1.27M |
|
|
WNR
1059
DELISTED
Western Refining Inc
WNR
| $22.2M | 0.01% |
632,692
+46,241
| +8% | +$1.67M |
|
1060
iShares MSCI Taiwan ETF
EWT
$11B
| – | – |
0
| – | – |
|
|
ECHO
1061
EchoStar
ECHO
$26.1B
| $22.1M | 0.01% |
479,676
+38,810
| +9% | +$1.69M |
|
|
JOY
1062
DELISTED
Joy Global Inc
JOY
| $22.1M | 0.01% |
782,845
+40,587
| +5% | +$1.14M |
|
1063
Wolfspeed
WOLF
$1.6B
| $22.1M | 0.01% |
825,592
+79,821
| +11% | +$2.17M |
|
1064
Graham Holdings Company
GHC
$4.94B
| $22M | 0.01% |
36,715
+2,329
| +7% | +$1.27M |
|
1065
Molina Healthcare
MOH
$10.4B
| $22M | 0.01% |
482,382
+32,021
| +7% | +$1.68M |
|
1066
Sally Beauty Holdings
SBH
$1.54B
| $22M | 0.01% |
1,074,176
+84,674
| +9% | +$1.94M |
|
1067
Dycom Industries
DY
$12.2B
| $21.9M | 0.01% |
235,956
+12,600
| +6% | +$1.07M |
|
1068
Insperity
NSP
$2.01B
| $21.9M | 0.01% |
494,830
+23,270
| +5% | +$925K |
|
|
DMC
1069
Del Monte Corp
DMC
$1.41B
| $21.9M | 0.01% |
370,069
+74,611
| +25% | +$4.38M |
|
1070
LCI Industries
LCII
$2.54B
| $21.9M | 0.01% |
219,207
+19,226
| +10% | +$2.07M |
|
1071
Wendy's
WEN
$1.4B
| $21.8M | 0.01% |
1,602,853
+71,581
| +5% | +$976K |
|
|
MDR
1072
DELISTED
McDermott International
MDR
| $21.8M | 0.01% |
1,075,589
+171,624
| +19% | +$3.78M |
|
|
KATE
1073
DELISTED
Kate Spade & Company
KATE
| $21.8M | 0.01% |
936,957
+40,777
| +5% | +$853K |
|
|
FTR
1074
DELISTED
Frontier Communications Corp.
FTR
| $21.8M | 0.01% |
678,310
-96,319
| -12% | -$4.41M |
|
|
GWB
1075
DELISTED
Great Western Bancorp, Inc.
GWB
| $21.8M | 0.01% |
513,008
+17,781
| +4% | +$766K |
|
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.