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 | |
|---|---|---|---|---|---|---|
1101
Oceaneering
OII
$5.03B
| $21.1M | 0.01% |
779,835
-7,937
| -1% | -$217K |
|
|
MGLN
1102
DELISTED
Magellan Health Services, Inc.
MGLN
| $21.1M | 0.01% |
305,624
+17,460
| +6% | +$1.27M |
|
1103
Glacier Bancorp
GBCI
$6.31B
| $21.1M | 0.01% |
621,578
+27,376
| +5% | +$969K |
|
|
WBT
1104
DELISTED
Welbilt, Inc.
WBT
| $21.1M | 0.01% |
1,072,415
+116,081
| +12% | +$2.22M |
|
|
GRUB
1105
DELISTED
Just Eat Takeaway.com N.V. American Depositary Shares
GRUB
| $21M | 0.01% |
319,964
+13,832
| +5% | +$1.02M |
|
|
SYNH
1106
DELISTED
Syneos Health, Inc. Class A Common Stock
SYNH
| $21M | 0.01% |
457,202
+21,171
| +5% | +$1.05M |
|
|
JBTM
1107
JBT Marel
JBTM
$6.29B
| $20.9M | 0.01% |
237,804
+30,562
| +15% | +$2.65M |
|
|
QCP
1108
DELISTED
Quality Care Properties, Inc.
QCP
| $20.9M | 0.01% |
1,107,112
-34,411
| -3% | -$612K |
|
|
ARI
1109
Apollo Commercial Real Estate
ARI
$873M
| $20.9M | 0.01% |
1,109,607
+58,728
| +6% | +$1.04M |
|
1110
Methode Electronics
MEI
$591M
| $20.9M | 0.01% |
457,354
+15,513
| +4% | +$661K |
|
|
DATA
1111
DELISTED
Tableau Software, Inc.
DATA
| $20.8M | 0.01% |
420,509
+26,196
| +7% | +$1.3M |
|
|
LEXEA
1112
DELISTED
Liberty Expedia Holdings, Inc. Class A Common Stock
LEXEA
| $20.8M | 0.01% |
457,381
+43,570
| +11% | +$1.92M |
|
1113
Element Solutions
ESI
$9.17B
| $20.8M | 0.01% |
1,597,231
+87,694
| +6% | +$1.08M |
|
1114
ACI Worldwide
ACIW
$5.29B
| $20.7M | 0.01% |
969,277
+68,480
| +8% | +$1.39M |
|
1115
B&G Foods
BGS
$274M
| $20.7M | 0.01% |
514,807
+41,292
| +9% | +$1.8M |
|
1116
NETGEAR
NTGR
$623M
| $20.7M | 0.01% |
418,102
+47,354
| +13% | +$2.59M |
|
1117
Northwest Bancshares
NWBI
$2.26B
| $20.7M | 0.01% |
1,228,615
+41,397
| +3% | +$726K |
|
1118
Dorman Products
DORM
$3.97B
| $20.7M | 0.01% |
251,649
+21,645
| +9% | +$1.61M |
|
|
WAGE
1119
DELISTED
WageWorks, Inc.
WAGE
| $20.7M | 0.01% |
285,681
+23,663
| +9% | +$1.75M |
|
1120
Neogen
NEOG
$2.49B
| $20.5M | 0.01% |
835,947
+77,987
| +10% | +$1.91M |
|
1121
MasTec
MTZ
$21.9B
| $20.5M | 0.01% |
512,665
+49,516
| +11% | +$1.89M |
|
1122
Avis
CAR
$4.97B
| $20.5M | 0.01% |
693,951
+54,259
| +8% | +$1.88M |
|
1123
U-Haul Holding Co
UHAL
$14.5B
| $20.5M | 0.01% |
537,810
+44,960
| +9% | +$1.69M |
|
1124
Benchmark Electronics
BHE
$2.95B
| $20.4M | 0.01% |
642,740
+31,227
| +5% | +$979K |
|
1125
Viavi Solutions
VIAV
$9.31B
| $20.4M | 0.01% |
1,905,330
+164,041
| +9% | +$1.59M |
|
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.