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 | |
|---|---|---|---|---|---|---|
|
BAC.WS.A
1176
DELISTED
Bank Of America Corporation Ws A
BAC.WS.A
| $19M | 0.01% |
1,684,835
+701,924
| +71% | +$8.05M |
|
|
SAGE
1177
DELISTED
Sage Therapeutics
SAGE
| $19M | 0.01% |
267,861
+23,682
| +10% | +$1.39M |
|
|
HMSY
1178
DELISTED
HMS Holdings Corp.
HMSY
| $19M | 0.01% |
936,305
+94,805
| +11% | +$1.75M |
|
|
CVG
1179
DELISTED
Convergys
CVG
| $19M | 0.01% |
897,703
+183,364
| +26% | +$4.31M |
|
|
WLL
1180
DELISTED
Whiting Petroleum Corporation
WLL
| $19M | 0.01% |
6,690
+258
| +4% | +$835K |
|
1181
Avista
AVA
$3.2B
| $19M | 0.01% |
485,531
+20,604
| +4% | +$807K |
|
1182
TTM Technologies
TTMI
$14.2B
| $18.9M | 0.01% |
1,174,626
+45,418
| +4% | +$707K |
|
1183
Credit Acceptance
CACC
$6.04B
| $18.9M | 0.01% |
94,986
+5,820
| +7% | +$1.17M |
|
|
ZNGA
1184
DELISTED
ZYNGA INC. CL A COMMON
ZNGA
| $18.9M | 0.01% |
6,636,920
+727,547
| +12% | +$1.95M |
|
1185
Worthington Enterprises
WOR
$2.81B
| $18.9M | 0.01% |
679,753
-559
| -0.1% | -$16.8K |
|
1186
Four Corners Property Trust
FCPT
$2.7B
| $18.9M | 0.01% |
827,618
+113,938
| +16% | +$2.45M |
|
1187
ICU Medical
ICUI
$4.6B
| $18.9M | 0.01% |
123,719
-10,271
| -8% | -$1.5M |
|
1188
RBC Bearings
RBC
$17.6B
| $18.9M | 0.01% |
194,578
+13,131
| +7% | +$1.22M |
|
|
EFII
1189
DELISTED
Electronics for Imaging
EFII
| $18.9M | 0.01% |
386,709
+23,840
| +7% | +$1.1M |
|
|
PTLA
1190
DELISTED
Portola Pharmaceuticals, Inc.
PTLA
| $18.9M | 0.01% |
481,732
+41,524
| +9% | +$1.32M |
|
|
IRDMB
1191
DELISTED
Iridium Communications Inc - 6.75% Series B
IRDMB
| – | – |
0
| – | – |
|
1192
Axos Financial
AX
$5.63B
| $18.9M | 0.01% |
721,484
+13,044
| +2% | +$377K |
|
1193
MGE Energy Inc
MGEE
$3.03B
| $18.8M | 0.01% |
289,610
+10,697
| +4% | +$677K |
|
1194
GameStop
GME
$8.53B
| $18.8M | 0.01% |
3,338,732
-77,472
| -2% | -$473K |
|
1195
SouthState Bank Corp
SSB
$10.5B
| $18.8M | 0.01% |
210,414
+18,015
| +9% | +$1.59M |
|
1196
ABM Industries
ABM
$2.82B
| $18.8M | 0.01% |
431,123
+26,405
| +7% | +$1.09M |
|
|
AGR
1197
DELISTED
Avangrid, Inc.
AGR
| $18.8M | 0.01% |
439,380
+17,361
| +4% | +$710K |
|
1198
Marriott Vacations Worldwide
VAC
$3.96B
| $18.8M | 0.01% |
187,902
-47,971
| -20% | -$4.31M |
|
|
MDP
1199
DELISTED
Meredith Corporation
MDP
| $18.8M | 0.01% |
290,588
+20,476
| +8% | +$1.26M |
|
1200
Columbia Banking Systems
COLB
$8.83B
| $18.8M | 0.01% |
481,007
+44,474
| +10% | +$1.79M |
|
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.