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 | |
|---|---|---|---|---|---|---|
|
SEMG
1326
DELISTED
SEMGROUP CORPORATION
SEMG
| $15.7M | 0.01% |
436,385
+14,958
| +4% | +$569K |
|
|
WBMD
1327
DELISTED
WebMD Health Corp.
WBMD
| $15.7M | 0.01% |
297,709
+10,819
| +4% | +$553K |
|
1328
Capitol Federal Financial
CFFN
$1.08B
| $15.6M | 0.01% |
1,068,389
+73,332
| +7% | +$1.12M |
|
1329
Granite Construction
GVA
$5.51B
| $15.6M | 0.01% |
311,017
+19,025
| +7% | +$1.01M |
|
|
KW
1330
DELISTED
Kennedy-Wilson Holdings
KW
| $15.6M | 0.01% |
702,668
+50,868
| +8% | +$1.07M |
|
|
UCB
1331
United Community Banks
UCB
$4.27B
| $15.6M | 0.01% |
562,144
+61,089
| +12% | +$1.74M |
|
|
VGR
1332
DELISTED
Vector Group Ltd.
VGR
| $15.6M | 0.01% |
1,220,371
+31,516
| +3% | +$424K |
|
|
CVA
1333
DELISTED
Covanta Holding Corporation
CVA
| $15.5M | 0.01% |
989,391
+56,518
| +6% | +$888K |
|
|
MORE
1334
DELISTED
Monogram Residential Trust, Inc.
MORE
| $15.5M | 0.01% |
1,557,203
+82,226
| +6% | +$840K |
|
|
CBM
1335
DELISTED
Cambrex Corporation
CBM
| $15.5M | 0.01% |
281,913
+31,250
| +12% | +$1.67M |
|
1336
HealthEquity
HQY
$8.93B
| $15.5M | 0.01% |
365,401
+25,187
| +7% | +$1.11M |
|
|
AEL
1337
DELISTED
American Equity Investment Life Holding Company
AEL
| $15.5M | 0.01% |
656,300
+32,073
| +5% | +$796K |
|
1338
Hyatt Hotels
H
$16B
| $15.5M | 0.01% |
286,749
+31,609
| +12% | +$1.7M |
|
1339
Trex
TREX
$4.91B
| $15.5M | 0.01% |
890,940
+55,016
| +7% | +$948K |
|
|
KS
1340
DELISTED
KapStone Paper and Pack Corp.
KS
| $15.4M | 0.01% |
668,676
+47,412
| +8% | +$1.09M |
|
|
VTLE
1341
DELISTED
Vital Energy
VTLE
| $15.4M | 0.01% |
52,853
+2,401
| +5% | +$667K |
|
1342
Agios Pharmaceuticals
AGIO
$1.95B
| $15.4M | 0.01% |
263,899
+20,336
| +8% | +$975K |
|
|
WPG
1343
DELISTED
Washington Prime Group Inc.
WPG
| $15.4M | 0.01% |
197,029
+20,825
| +12% | +$1.74M |
|
|
ABCO
1344
DELISTED
Advisory Board Co
ABCO
| $15.4M | 0.01% |
329,133
+16,757
| +5% | +$740K |
|
1345
Mueller Industries
MLI
$15.2B
| $15.3M | 0.01% |
1,793,072
+89,384
| +5% | +$870K |
|
|
AVNS
1346
DELISTED
Avanos Medical
AVNS
| $15.3M | 0.01% |
401,376
+49,142
| +14% | +$1.91M |
|
1347
Greif
GEF
$4.97B
| $15.3M | 0.01% |
277,300
+3,863
| +1% | +$215K |
|
|
FCB
1348
DELISTED
FCB Financial Holdings, Inc.
FCB
| $15.3M | 0.01% |
308,144
+41,334
| +15% | +$1.97M |
|
|
PCH
1349
DELISTED
PotlatchDeltic
PCH
| $15.2M | 0.01% |
333,691
+24,445
| +8% | +$1.06M |
|
|
TIME
1350
DELISTED
Time Inc.
TIME
| $15.2M | 0.01% |
785,684
+51,338
| +7% | +$973K |
|
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.