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 | |
|---|---|---|---|---|---|---|
1476
Theravance Biopharma
TBPH
$876M
| $12.2M | 0.01% |
330,280
+18,177
| +6% | +$581K |
|
1477
Liberty Media Series C
FWONK
$25.8B
| $12.2M | 0.01% |
368,230
+18,255
| +5% | +$563K |
|
1478
Horace Mann Educators
HMN
$2.13B
| $12.1M | 0.01% |
295,018
+14,758
| +5% | +$619K |
|
1479
Omnicell
OMCL
$1.7B
| $12.1M | 0.01% |
297,791
-53,768
| -15% | -$1.98M |
|
1480
AZZ Inc
AZZ
$4.58B
| $12M | ﹤0.01% |
202,511
+17,164
| +9% | +$1.01M |
|
|
GOV
1481
DELISTED
Government Properties Income Trust
GOV
| $12M | ﹤0.01% |
573,837
+16,874
| +3% | +$336K |
|
|
AJRD
1482
DELISTED
Aerojet Rocketdyne Holdings
AJRD
| $12M | ﹤0.01% |
551,535
+57,969
| +12% | +$1.15M |
|
1483
Westamerica Bancorp
WABC
$1.35B
| $11.9M | ﹤0.01% |
213,991
+12,588
| +6% | +$724K |
|
|
AERI
1484
DELISTED
Aerie Pharmaceuticals
AERI
| $11.9M | ﹤0.01% |
262,221
+8,365
| +3% | +$373K |
|
1485
Forward Air
FWRD
$634M
| $11.9M | ﹤0.01% |
249,516
+12,650
| +5% | +$613K |
|
|
EBIX
1486
DELISTED
Ebix Inc
EBIX
| $11.9M | ﹤0.01% |
193,596
+7,407
| +4% | +$440K |
|
|
AMED
1487
DELISTED
Amedisys
AMED
| $11.8M | ﹤0.01% |
231,953
+7,279
| +3% | +$347K |
|
|
RTEC
1488
DELISTED
Rudolph Technologies Inc
RTEC
| $11.8M | ﹤0.01% |
528,139
+92,159
| +21% | +$2.06M |
|
|
CORE
1489
DELISTED
Core Mark Holding Co., Inc.
CORE
| $11.8M | ﹤0.01% |
378,760
+21,068
| +6% | +$737K |
|
1490
Green Dot
GDOT
$752M
| $11.8M | ﹤0.01% |
353,335
+40,265
| +13% | +$1.14M |
|
1491
Universal Insurance Holdings
UVE
$1.21B
| $11.8M | ﹤0.01% |
480,997
+31,951
| +7% | +$836K |
|
|
AAWW
1492
DELISTED
Atlas Air Worldwide Holdings, Inc.
AAWW
| $11.7M | ﹤0.01% |
211,116
+12,170
| +6% | +$648K |
|
|
NXGN
1493
DELISTED
NextGen Healthcare, Inc. Common Stock
NXGN
| $11.7M | ﹤0.01% |
767,127
+10,806
| +1% | +$159K |
|
|
FSP
1494
Franklin Street Properties
FSP
$45.3M
| $11.7M | ﹤0.01% |
961,847
+41,617
| +5% | +$516K |
|
|
NE
1495
DELISTED
Noble Corporation
NE
| $11.7M | ﹤0.01% |
1,885,668
+96,028
| +5% | +$646K |
|
1496
Fabrinet
FN
$18.9B
| $11.7M | ﹤0.01% |
277,645
+26,304
| +10% | +$1.09M |
|
1497
Ollie's Bargain Outlet
OLLI
$4.8B
| $11.6M | ﹤0.01% |
347,495
+18,143
| +6% | +$571K |
|
1498
Rambus
RMBS
$10.4B
| $11.6M | ﹤0.01% |
885,909
+52,584
| +6% | +$691K |
|
|
SC
1499
DELISTED
SANTANDER CONSUMER USA HOLDINGS INC
SC
| $11.6M | ﹤0.01% |
873,258
-48,419
| -5% | -$672K |
|
|
CSFL
1500
DELISTED
CenterState Bank Corporation Common Stock
CSFL
| $11.6M | ﹤0.01% |
449,053
+31,702
| +8% | +$796K |
|
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.