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 | |
|---|---|---|---|---|---|---|
1201
Interactive Brokers
IBKR
$41.4B
| $18.7M | 0.01% |
2,155,512
+227,756
| +12% | +$2.12M |
|
1202
Hilltop Holdings
HTH
$2.22B
| $18.7M | 0.01% |
681,051
-66,551
| -9% | -$1.86M |
|
1203
Dave & Buster's
PLAY
$345M
| $18.7M | 0.01% |
305,798
+19,641
| +7% | +$1.12M |
|
1204
FirstCash
FCFS
$9.1B
| $18.7M | 0.01% |
379,759
+37,956
| +11% | +$1.69M |
|
1205
Empire State Realty Trust
ESRT
$809M
| $18.6M | 0.01% |
903,200
+38,978
| +5% | +$805K |
|
1206
Generac Holdings
GNRC
$12.3B
| $18.6M | 0.01% |
499,222
+26,067
| +6% | +$1.03M |
|
1207
Adeia
ADEA
$3.07B
| $18.6M | 0.01% |
2,071,247
-25,750
| -1% | -$277K |
|
1208
Brink's
BCO
$4.54B
| $18.6M | 0.01% |
347,111
+15,803
| +5% | +$769K |
|
|
CVSA
1209
Covista Inc
CVSA
$4.46B
| $18.5M | 0.01% |
522,456
-12,183
| -2% | -$402K |
|
1210
PBF Energy
PBF
$7.85B
| $18.5M | 0.01% |
835,010
+67,374
| +9% | +$1.58M |
|
|
TIVO
1211
DELISTED
Tivo Inc
TIVO
| $18.5M | 0.01% |
986,965
+75,976
| +8% | +$1.45M |
|
|
DOOR
1212
DELISTED
MASONITE INTERNATIONAL CORP
DOOR
| $18.5M | 0.01% |
233,044
+19,428
| +9% | +$1.41M |
|
|
POLY
1213
DELISTED
Plantronics, Inc.
POLY
| $18.5M | 0.01% |
341,123
+43,683
| +15% | +$2.38M |
|
|
ESGR
1214
DELISTED
Enstar Group
ESGR
| $18.4M | 0.01% |
96,447
+4,068
| +4% | +$787K |
|
|
UFS
1215
DELISTED
DOMTAR CORPORATION (New)
UFS
| $18.4M | 0.01% |
504,558
+53,060
| +12% | +$2.1M |
|
1216
Wolverine World Wide
WWW
$1.55B
| $18.4M | 0.01% |
735,434
+19,194
| +3% | +$460K |
|
1217
Designer Brands
DBI
$335M
| $18.3M | 0.01% |
886,483
+29,134
| +3% | +$604K |
|
1218
Darling Ingredients
DAR
$10B
| $18.3M | 0.01% |
1,262,362
+81,599
| +7% | +$1.07M |
|
1219
Wabash National
WNC
$510M
| $18.2M | 0.01% |
881,986
-53,141
| -6% | -$1.04M |
|
1220
First Solar
FSLR
$25.7B
| $18.2M | 0.01% |
672,900
-117,774
| -15% | -$3.86M |
|
1221
Blackstone Mortgage Trust
BXMT
$2.38B
| $18.2M | 0.01% |
588,141
+60,246
| +11% | +$1.86M |
|
1222
Compass Minerals
CMP
$1.12B
| $18.2M | 0.01% |
267,806
+16,898
| +7% | +$1.29M |
|
|
EFOR
1223
Everforth Inc
EFOR
$1.35B
| $18.1M | 0.01% |
373,494
+24,269
| +7% | +$1.12M |
|
1224
Liberty Latin America Class C
LILAK
$1.66B
| $18.1M | 0.01% |
919,354
+52,838
| +6% | +$1.04M |
|
|
HAWK
1225
DELISTED
Blackhawk Network Holdings, Inc. Common Stock
HAWK
| $18.1M | 0.01% |
446,415
+15,998
| +4% | +$593K |
|
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.