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 | |
|---|---|---|---|---|---|---|
1351
Banner Corp
BANR
$2.43B
| $15.2M | 0.01% |
273,209
+32,025
| +13% | +$1.83M |
|
1352
Synaptics
SYNA
$4.09B
| $15.2M | 0.01% |
306,847
+35,306
| +13% | +$1.9M |
|
1353
Lithia Motors
LAD
$8.35B
| $15.2M | 0.01% |
177,318
+8,752
| +5% | +$849K |
|
|
STMP
1354
DELISTED
Stamps.com, Inc.
STMP
| $15.1M | 0.01% |
127,984
+4,765
| +4% | +$589K |
|
1355
Mercury Systems
MRCY
$6.52B
| $15.1M | 0.01% |
387,617
+26,486
| +7% | +$942K |
|
1356
Progress Software
PRGS
$1.78B
| $15.1M | 0.01% |
519,244
+24,877
| +5% | +$723K |
|
|
SIR
1357
DELISTED
SELECT INCOME REIT
SIR
| $15.1M | 0.01% |
1,329,214
+75,170
| +6% | +$844K |
|
|
PAY
1358
DELISTED
Verifone Systems Inc
PAY
| $15.1M | 0.01% |
804,349
+65,775
| +9% | +$1.25M |
|
1359
Renasant Corp
RNST
$3.9B
| $15.1M | 0.01% |
379,202
+58,251
| +18% | +$2.36M |
|
|
AIG.WS
1360
DELISTED
American International Group, Inc.
AIG.WS
| $15M | 0.01% |
704,213
+542,095
| +334% | +$12.2M |
|
1361
Merit Medical Systems
MMSI
$5.36B
| $15M | 0.01% |
520,664
+6,274
| +1% | +$176K |
|
1362
STAG Industrial
STAG
$7.09B
| $15M | 0.01% |
601,168
+69,261
| +13% | +$1.69M |
|
1363
Yelp
YELP
$1.35B
| $15M | 0.01% |
457,860
+34,269
| +8% | +$1.27M |
|
1364
Eagle Bancorp
EGBN
$843M
| $15M | 0.01% |
250,644
+16,775
| +7% | +$1.02M |
|
|
TMHC
1365
DELISTED
Taylor Morrison
TMHC
| $14.9M | 0.01% |
700,659
+473,699
| +209% | +$9.55M |
|
1366
Strategy Inc
MSTR
$37.4B
| $14.9M | 0.01% |
794,850
+80,770
| +11% | +$1.57M |
|
|
TPH
1367
DELISTED
Tri Pointe Homes
TPH
| $14.9M | 0.01% |
1,186,624
-105,893
| -8% | -$1.3M |
|
|
RDC
1368
DELISTED
Rowan Companies Plc
RDC
| $14.9M | 0.01% |
954,006
-162,783
| -15% | -$2.87M |
|
1369
Columbia Sportswear
COLM
$2.92B
| $14.8M | 0.01% |
252,012
+22,107
| +10% | +$1.24M |
|
1370
NBT Bancorp
NBTB
$2.73B
| $14.8M | 0.01% |
398,528
+3,262
| +0.8% | +$132K |
|
1371
Qiagen
QGEN
$9.04B
| $14.8M | 0.01% |
+480,555
| New | +$14.8M |
|
|
IRBT
1372
DELISTED
iRobot
IRBT
| $14.8M | 0.01% |
223,085
+1,096
| +0.5% | +$64.8K |
|
|
KNL
1373
DELISTED
Knoll, Inc.
KNL
| $14.8M | 0.01% |
619,657
+103,716
| +20% | +$2.57M |
|
1374
ATI
ATI
$31.1B
| $14.7M | 0.01% |
820,922
+8,605
| +1% | +$162K |
|
|
AF
1375
DELISTED
Astoria Financial Corporation
AF
| $14.7M | 0.01% |
717,756
+19,416
| +3% | +$375K |
|
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.