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 | |
|---|---|---|---|---|---|---|
1226
Haemonetics
HAE
$3.94B
| $18.1M | 0.01% |
446,049
+46,747
| +12% | +$1.83M |
|
|
SCS
1227
DELISTED
Steelcase
SCS
| $18.1M | 0.01% |
1,079,832
+136,643
| +14% | +$2.26M |
|
1228
CVB Financial
CVBF
$3.97B
| $18.1M | 0.01% |
817,484
+65,839
| +9% | +$1.5M |
|
|
GCP
1229
DELISTED
GCP Applied Technologies Inc.
GCP
| $18M | 0.01% |
551,171
+45,175
| +9% | +$1.31M |
|
1230
Papa John's
PZZA
$785M
| $18M | 0.01% |
224,484
+10,267
| +5% | +$835K |
|
1231
LiveRamp
RAMP
$2.3B
| $17.9M | 0.01% |
629,568
+36,872
| +6% | +$1.03M |
|
1232
GATX Corp
GATX
$6.23B
| $17.9M | 0.01% |
293,933
+8,680
| +3% | +$511K |
|
1233
Commercial Metals
CMC
$8.1B
| $17.9M | 0.01% |
936,614
-229,219
| -20% | -$4.7M |
|
1234
Matthews International
MATW
$717M
| $17.9M | 0.01% |
264,053
+18,281
| +7% | +$1.27M |
|
1235
The Greenbrier Companies
GBX
$1.43B
| $17.8M | 0.01% |
414,081
+38,689
| +10% | +$1.71M |
|
1236
RLI Corp
RLI
$5.83B
| $17.8M | 0.01% |
593,806
+51,934
| +10% | +$1.54M |
|
1237
BOK Financial
BOKF
$8.7B
| $17.8M | 0.01% |
227,576
+13,728
| +6% | +$1.12M |
|
1238
Prothena Corp
PRTA
$468M
| $17.8M | 0.01% |
319,139
+37,801
| +13% | +$1.99M |
|
1239
EPR Properties 5.75% Series C Preferred Shares
EPR.PRC
$145M
| – | – |
0
| – | – |
|
1240
UFP Industries
UFPI
$5.01B
| $17.8M | 0.01% |
540,459
+15,657
| +3% | +$523K |
|
1241
La-Z-Boy
LZB
$1.66B
| $17.7M | 0.01% |
655,962
+60,787
| +10% | +$1.72M |
|
1242
Armstrong World Industries
AWI
$7.75B
| $17.6M | 0.01% |
383,008
+38,363
| +11% | +$1.62M |
|
1243
LXP Industrial Trust
LXP
$3.58B
| $17.6M | 0.01% |
353,311
+42,318
| +14% | +$2.26M |
|
1244
Steven Madden
SHOO
$3.58B
| $17.6M | 0.01% |
683,835
+25,567
| +4% | +$622K |
|
1245
Brinker International
EAT
$9.76B
| $17.6M | 0.01% |
399,698
-27,586
| -6% | -$1.22M |
|
1246
Commault Systems
CVLT
$5.78B
| $17.6M | 0.01% |
345,594
+19,288
| +6% | +$984K |
|
1247
Pricesmart
PSMT
$5.21B
| $17.5M | 0.01% |
190,261
+15,295
| +9% | +$1.34M |
|
1248
Churchill Downs
CHDN
$6.02B
| $17.5M | 0.01% |
661,224
+80,790
| +14% | +$2.02M |
|
1249
Allegiant Air
ALGT
$2.41B
| $17.5M | 0.01% |
109,180
+5,890
| +6% | +$992K |
|
|
LTC
1250
LTC Properties
LTC
$2.12B
| $17.5M | 0.01% |
365,102
+22,323
| +7% | +$1.04M |
|
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.