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 | |
|---|---|---|---|---|---|---|
1401
First Bancorp
FBP
$4.42B
| $14.1M | 0.01% |
2,495,804
+786,084
| +46% | +$4.99M |
|
1402
Zillow
ZG
$7.66B
| $14.1M | 0.01% |
416,848
+54,099
| +15% | +$1.93M |
|
1403
Simmons First National
SFNC
$3.4B
| $14.1M | 0.01% |
510,624
+41,812
| +9% | +$1.23M |
|
1404
Watts Water Technologies
WTS
$12.8B
| $14.1M | 0.01% |
225,626
+25,120
| +13% | +$1.6M |
|
1405
Pegasystems
PEGA
$5.43B
| $14.1M | 0.01% |
641,510
+35,744
| +6% | +$724K |
|
|
CPLA
1406
DELISTED
Capella Education Company
CPLA
| $14.1M | 0.01% |
165,369
+15,297
| +10% | +$1.25M |
|
1407
Supernus Pharmaceuticals
SUPN
$2.74B
| $14M | 0.01% |
447,824
+69,395
| +18% | +$1.86M |
|
|
ARRY
1408
DELISTED
Array Biopharma Inc
ARRY
| $14M | 0.01% |
1,566,152
+113,632
| +8% | +$1.21M |
|
1409
Ameris Bancorp
ABCB
$5.88B
| $14M | 0.01% |
303,329
+41,215
| +16% | +$1.88M |
|
1410
DNOW Inc
DNOW
$3.01B
| $14M | 0.01% |
823,822
+47,171
| +6% | +$928K |
|
|
NTRI
1411
DELISTED
NutriSystem, Inc.
NTRI
| $14M | 0.01% |
251,588
+23,746
| +10% | +$981K |
|
1412
FTI Consulting
FCN
$4.17B
| $14M | 0.01% |
338,925
+19,197
| +6% | +$797K |
|
1413
Monro
MNRO
$368M
| $14M | 0.01% |
267,796
+19,698
| +8% | +$1.12M |
|
|
BLD
1414
DELISTED
TopBuild
BLD
| $13.9M | 0.01% |
296,251
+8,086
| +3% | +$328K |
|
1415
HEICO Corp
HEI
$50.9B
| $13.9M | 0.01% |
389,714
+44,299
| +13% | +$1.48M |
|
|
SFBS
1416
ServisFirst Bancshares
SFBS
$4.84B
| $13.9M | 0.01% |
382,544
+23,975
| +7% | +$941K |
|
|
CRZO
1417
DELISTED
Carrizo Oil & Gas Inc
CRZO
| $13.8M | 0.01% |
482,698
+16,972
| +4% | +$557K |
|
1418
Boyd Gaming
BYD
$5.92B
| $13.8M | 0.01% |
626,353
+48,816
| +8% | +$992K |
|
1419
First Merchants
FRME
$2.66B
| $13.8M | 0.01% |
349,872
+16,039
| +5% | +$625K |
|
1420
California Water Service
CWT
$3.06B
| $13.7M | 0.01% |
382,943
+20,100
| +6% | +$696K |
|
|
NSR
1421
DELISTED
Neustar Inc
NSR
| $13.7M | 0.01% |
413,495
-11,510
| -3% | -$383K |
|
1422
Caleres
CAL
$486M
| $13.7M | 0.01% |
517,447
+27,695
| +6% | +$833K |
|
1423
Group 1 Automotive
GPI
$3.16B
| $13.6M | 0.01% |
184,179
+37,412
| +25% | +$2.93M |
|
|
BNCN
1424
DELISTED
BNC Bancorp
BNCN
| $13.6M | 0.01% |
388,420
+23,779
| +7% | +$825K |
|
|
HW
1425
DELISTED
Headwaters Inc
HW
| $13.6M | 0.01% |
578,117
+35,473
| +7% | +$826K |
|
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.