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 |
DXC Technology
DXC
|
+$213M |
| 2 |
Altria Group
MO
|
+$206M |
| 3 |
ExxonMobil
XOM
|
+$105M |
| 4 |
Microsoft
MSFT
|
+$86.8M |
| 5 |
Meta Platforms (Facebook)
META
|
+$75.5M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
YHOO
Yahoo Inc
YHOO
|
+$403M |
| 2 |
Home Depot
HD
|
+$164M |
| 3 |
MJN
Mead Johnson Nutrition Company
MJN
|
+$160M |
| 4 |
Boeing
BA
|
+$127M |
| 5 |
Hewlett Packard
HPE
|
+$92.7M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 15.9% |
| 2 | Technology | 15.77% |
| 3 | Healthcare | 13.92% |
| 4 | Industrials | 10.5% |
| 5 | Consumer Discretionary | 9.55% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
101
FedEx
FDX
$74.7B
| $501M | 0.2% |
2,308,313
+72,269
| +3% | +$14.3M |
|
102
CSX Corp
CSX
$94.4B
| $494M | 0.19% |
27,191,598
-336,042
| -1% | -$5.76M |
|
103
Blackrock
BLK
$174B
| $493M | 0.19% |
1,170,168
+3,231
| +0.3% | +$1.29M |
|
|
MON
104
DELISTED
Monsanto Co
MON
| $492M | 0.19% |
4,160,692
+34,813
| +0.8% | +$4.06M |
|
105
TJX Companies
TJX
$178B
| $489M | 0.19% |
13,568,306
+190,064
| +1% | +$7.17M |
|
106
EOG Resources
EOG
$70.9B
| $488M | 0.19% |
5,403,020
-111,331
| -2% | -$10.3M |
|
|
AET
107
DELISTED
Aetna Inc
AET
| $488M | 0.19% |
3,219,153
-320,092
| -9% | -$45.2M |
|
108
General Motors
GM
$76.3B
| $480M | 0.19% |
13,774,697
-296,690
| -2% | -$10.1M |
|
109
Prudential Financial
PRU
$41.9B
| $475M | 0.19% |
4,396,884
+99,364
| +2% | +$10.5M |
|
|
SCHW
110
Charles Schwab
SCHW
$187B
| $474M | 0.19% |
11,064,135
+228,979
| +2% | +$9.17M |
|
111
Northrop Grumman
NOC
$80.4B
| $468M | 0.18% |
1,826,658
+45,779
| +3% | +$11.5M |
|
112
Southern Company
SO
$106B
| $463M | 0.18% |
9,695,720
+122,449
| +1% | +$6.14M |
|
113
Illinois Tool Works
ITW
$84.9B
| $457M | 0.18% |
3,195,707
+110,903
| +4% | +$15.5M |
|
114
Dominion Energy
D
$58.5B
| $454M | 0.18% |
5,932,298
+88,881
| +2% | +$6.99M |
|
115
Occidental Petroleum
OXY
$56B
| $441M | 0.17% |
7,376,435
+67,296
| +0.9% | +$4.12M |
|
116
Ford
F
$55.5B
| $432M | 0.17% |
38,629,815
-2,257,829
| -6% | -$25.2M |
|
117
CME Group
CME
$94.9B
| $428M | 0.17% |
3,423,383
+64,494
| +2% | +$7.71M |
|
|
ESRX
118
DELISTED
Express Scripts Holding Company
ESRX
| $419M | 0.16% |
6,573,644
+304,437
| +5% | +$19.1M |
|
119
Kimberly-Clark
KMB
$36.2B
| $416M | 0.16% |
3,229,812
-538,160
| -14% | -$70M |
|
|
MRSH
120
Marsh
MRSH
$91.8B
| $408M | 0.16% |
5,245,139
+176,890
| +3% | +$13.4M |
|
121
Becton Dickinson
BDX
$49B
| $408M | 0.16% |
2,146,186
+155,899
| +8% | +$28.5M |
|
122
Regeneron Pharmaceuticals
REGN
$78.7B
| $407M | 0.16% |
829,505
+97,071
| +13% | +$42.5M |
|
123
Stryker
SYK
$128B
| $397M | 0.16% |
2,866,771
+80,365
| +3% | +$11M |
|
|
ATVI
124
DELISTED
Activision Blizzard
ATVI
| $391M | 0.15% |
6,799,634
+297,799
| +5% | +$16.4M |
|
125
Cigna
CI
$72.1B
| $390M | 0.15% |
2,337,148
-35,587
| -1% | -$5.72M |
|
Similar funds
Geode Capital Management's Q2 2017 Portfolio in Review
As of Q2 2017, Geode Capital Management held 4,218 positions worth $254B, up 4.3% from $244B the previous quarter. Its ten largest holdings account for 16% of the portfolio.
Geode Capital Management's Q2 2017 filing shows 135 new, 2,755 increased, 887 reduced and 134 closed positions. Its largest new stake was DXC Technology: 3,214,073 shares worth $213M. The largest sale was Yahoo Inc, an estimated $403M.
By sector, the portfolio is most concentrated in Financials at 16% of assets, up from 16% a quarter earlier, followed by Technology and Healthcare.
- Geode Capital Management's largest Q2 2017 buy was DXC Technology: 3,214,073 shares worth $213M.
- Geode Capital Management added most to Altria Group in Q2 2017, an estimated $206M increase.
- Geode Capital Management's biggest Q2 2017 reduction was Home Depot, cutting an estimated $164M.
- Geode Capital Management fully exited Yahoo Inc in Q2 2017, selling an estimated $403M.
- Geode Capital Management's ten largest holdings make up 16% of its $254B portfolio in Q2 2017.
- Geode Capital Management opened 135 new positions and closed 134 in Q2 2017.
- Geode Capital Management's portfolio value rose 4.3% quarter-over-quarter to $254B.
Based on Geode Capital Management's 13F filing for Q2 2017, filed 14 Aug 2017.