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 | |
|---|---|---|---|---|---|---|
|
HZNP
1126
DELISTED
Horizon Therapeutics Public Limited Company Ordinary Shares
HZNP
| $20.4M | 0.01% |
1,379,581
+9,476
| +0.7% | +$153K |
|
|
VWR
1127
DELISTED
VWR Corporation
VWR
| $20.4M | 0.01% |
722,822
+59,545
| +9% | +$1.59M |
|
|
LGF.B
1128
DELISTED
Lions Gate Entertainment Corp. Class B Non-Voting Shares
LGF.B
| $20.3M | 0.01% |
833,980
+65,298
| +8% | +$1.66M |
|
|
ESL
1129
DELISTED
Esterline Technologies
ESL
| $20.3M | 0.01% |
236,239
+16,877
| +8% | +$1.48M |
|
1130
HEICO Corp Class A
HEI.A
$37B
| $20.2M | 0.01% |
657,092
+28,332
| +5% | +$811K |
|
1131
Old National Bancorp
ONB
$10.1B
| $20.2M | 0.01% |
1,163,458
+82,969
| +8% | +$1.48M |
|
1132
Diamondrock Hospitality Co
DRH
$2.48B
| $20.2M | 0.01% |
1,809,659
+97,504
| +6% | +$1.09M |
|
1133
H.B. Fuller
FUL
$3.27B
| $20.2M | 0.01% |
391,338
+33,260
| +9% | +$1.66M |
|
|
P
1134
DELISTED
Pandora Media Inc
P
| $20.2M | 0.01% |
1,708,450
+188,151
| +12% | +$2.36M |
|
1135
Insulet
PODD
$9.85B
| $20.2M | 0.01% |
468,175
+39,038
| +9% | +$1.67M |
|
1136
Telephone and Data Systems
TDS
$3.79B
| $20.1M | 0.01% |
759,595
+74,834
| +11% | +$2.14M |
|
1137
Pitney Bowes
PBI
$2.36B
| $20.1M | 0.01% |
1,534,955
-126,640
| -8% | -$1.79M |
|
1138
Hope Bancorp
HOPE
$1.77B
| $20.1M | 0.01% |
1,049,364
+78,894
| +8% | +$1.66M |
|
1139
Murphy USA
MUSA
$10B
| $20.1M | 0.01% |
273,914
+20,577
| +8% | +$1.36M |
|
|
HRG
1140
DELISTED
HRG Group, Inc.
HRG
| $20.1M | 0.01% |
1,038,249
+93,567
| +10% | +$1.64M |
|
1141
Five Below
FIVE
$13.2B
| $20M | 0.01% |
462,691
+50,485
| +12% | +$2.01M |
|
|
FMBI
1142
DELISTED
First Midwest Bancorp Inc/IL
FMBI
| $20M | 0.01% |
844,588
+115,712
| +16% | +$2.81M |
|
|
AXE
1143
DELISTED
Anixter International Inc
AXE
| $20M | 0.01% |
252,197
+32,708
| +15% | +$2.67M |
|
1144
BGC Group
BGC
$4.91B
| $20M | 0.01% |
2,735,951
+118,267
| +5% | +$850K |
|
1145
Morningstar
MORN
$7.65B
| $19.9M | 0.01% |
253,526
-8,496
| -3% | -$661K |
|
1146
Unifirst Corp
UNF
$5.23B
| $19.8M | 0.01% |
140,256
-9,138
| -6% | -$1.21M |
|
|
MDRX
1147
DELISTED
Veradigm Inc. Common Stock
MDRX
| $19.8M | 0.01% |
1,564,055
+136,848
| +10% | +$1.62M |
|
1148
Ingevity
NGVT
$2.62B
| $19.8M | 0.01% |
325,631
+22,143
| +7% | +$1.25M |
|
|
CEB
1149
DELISTED
CEB Inc.
CEB
| $19.8M | 0.01% |
251,849
+12,139
| +5% | +$934K |
|
|
B
1150
DELISTED
Barnes Group Inc.
B
| $19.8M | 0.01% |
385,058
+20,270
| +6% | +$992K |
|
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.