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 | |
|---|---|---|---|---|---|---|
1251
Trustmark
TRMK
$2.75B
| $17.4M | 0.01% |
547,922
+38,016
| +7% | +$1.26M |
|
1252
Urban Outfitters
URBN
$6.81B
| $17.4M | 0.01% |
732,111
-231,129
| -24% | -$5.99M |
|
|
BUFF
1253
DELISTED
Blue Buffalo Pet Products, Inc
BUFF
| $17.4M | 0.01% |
756,173
+78,348
| +12% | +$1.92M |
|
|
DBD
1254
DELISTED
Diebold Nixdorf Incorporated
DBD
| $17.4M | 0.01% |
565,516
+14,473
| +3% | +$409K |
|
|
RGC
1255
DELISTED
Regal Entertainment Group
RGC
| $17.3M | 0.01% |
767,157
+39,272
| +5% | +$866K |
|
1256
Zurn Elkay Water Solutions
ZWS
$8.47B
| $17.3M | 0.01% |
1,552,132
+66,457
| +4% | +$716K |
|
1257
J&J Snack Foods
JJSF
$1.68B
| $17.2M | 0.01% |
127,200
+7,600
| +6% | +$1M |
|
1258
Walker & Dunlop
WD
$1.49B
| $17.2M | 0.01% |
413,051
+59,361
| +17% | +$2.19M |
|
|
QTS
1259
DELISTED
QTS REALTY TRUST, INC.
QTS
| $17.2M | 0.01% |
352,901
+10,494
| +3% | +$526K |
|
|
HI
1260
DELISTED
Hillenbrand
HI
| $17.2M | 0.01% |
479,517
+32,640
| +7% | +$1.2M |
|
|
OCLR
1261
DELISTED
Oclaro Inc.
OCLR
| $17.2M | 0.01% |
1,748,865
+251,717
| +17% | +$2.36M |
|
1262
Itron
ITRI
$4.49B
| $17.2M | 0.01% |
282,856
+10,293
| +4% | +$640K |
|
1263
Choice Hotels
CHH
$4.62B
| $17.2M | 0.01% |
274,032
+9,177
| +3% | +$540K |
|
1264
LivaNova
LIVN
$4.21B
| $17.1M | 0.01% |
349,569
-335
| -0.1% | -$16.3K |
|
1265
Ligand Pharmaceuticals
LGND
$6.42B
| $17.1M | 0.01% |
258,440
+10,804
| +4% | +$711K |
|
1266
Credicorp
BAP
$30.4B
| $17M | 0.01% |
104,552
+13,150
| +14% | +$2.16M |
|
|
CSGS
1267
DELISTED
CSG Systems International
CSGS
| $17M | 0.01% |
448,882
+54,141
| +14% | +$2.3M |
|
|
WDR
1268
DELISTED
Waddell & Reed Financial, Inc.
WDR
| $17M | 0.01% |
997,722
+133,052
| +15% | +$2.44M |
|
1269
Manulife Financial
MFC
$73.3B
| $16.9M | 0.01% |
960,340
+946,363
| +6,771% | +$17.4M |
|
1270
Mercury Insurance
MCY
$5.92B
| $16.9M | 0.01% |
276,659
+20,061
| +8% | +$1.2M |
|
|
CHMT
1271
DELISTED
Chemtura Corporation
CHMT
| $16.9M | 0.01% |
505,152
+39,586
| +9% | +$1.31M |
|
1272
Mativ Holdings
MATV
$706M
| $16.9M | 0.01% |
407,154
+19,342
| +5% | +$836K |
|
1273
Insight Enterprises
NSIT
$4.54B
| $16.8M | 0.01% |
409,038
+64,623
| +19% | +$2.64M |
|
1274
Smith & Wesson
SWBI
$636M
| $16.8M | 0.01% |
1,102,324
+69,113
| +7% | +$1.05M |
|
|
EE
1275
DELISTED
El Paso Electric Company
EE
| $16.8M | 0.01% |
332,166
+25,657
| +8% | +$1.22M |
|
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.