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 | |
|---|---|---|---|---|---|---|
1501
BCE
BCE
$21B
| $11.6M | ﹤0.01% |
+262,766
| New | +$11.6M |
|
|
MTOR
1502
DELISTED
MERITOR, Inc.
MTOR
| $11.6M | ﹤0.01% |
678,036
+38,551
| +6% | +$596K |
|
1503
Kaiser Aluminum
KALU
$3.06B
| $11.6M | ﹤0.01% |
145,191
+2,593
| +2% | +$206K |
|
1504
Enpro
NPO
$7.04B
| $11.6M | ﹤0.01% |
163,021
+4,724
| +3% | +$313K |
|
1505
Kearny Financial
KRNY
$595M
| $11.6M | ﹤0.01% |
770,659
+51,203
| +7% | +$773K |
|
1506
Enerpac Tool Group
EPAC
$1.89B
| $11.6M | ﹤0.01% |
439,596
+9,380
| +2% | +$252K |
|
|
AIRM
1507
DELISTED
Air Methods Corp
AIRM
| $11.6M | ﹤0.01% |
269,366
+13,965
| +5% | +$540K |
|
|
RDUS
1508
DELISTED
Radius Health, Inc.
RDUS
| $11.6M | ﹤0.01% |
299,263
+19,085
| +7% | +$801K |
|
|
NAV
1509
DELISTED
Navistar International
NAV
| $11.6M | ﹤0.01% |
469,179
+39,499
| +9% | +$1.09M |
|
1510
Piper Sandler
PIPR
$5.29B
| $11.5M | ﹤0.01% |
721,788
-60,448
| -8% | -$1.07M |
|
1511
Gentherm
THRM
$1.27B
| $11.5M | ﹤0.01% |
293,124
+9,094
| +3% | +$326K |
|
1512
ESCO Technologies
ESE
$7.79B
| $11.5M | ﹤0.01% |
197,581
+5,343
| +3% | +$300K |
|
1513
TFS Financial
TFSL
$4.83B
| $11.5M | ﹤0.01% |
689,780
-31,661
| -4% | -$554K |
|
1514
New Oriental
EDU
$9.24B
| $11.4M | ﹤0.01% |
190,203
+24,665
| +15% | +$1.25M |
|
1515
Builders FirstSource
BLDR
$7.74B
| $11.4M | ﹤0.01% |
767,491
+100,471
| +15% | +$1.3M |
|
|
KYNB
1516
Kyntra Bio
KYNB
$28.2M
| $11.4M | ﹤0.01% |
18,510
+2,311
| +14% | +$1.41M |
|
|
BBT
1517
Beacon Financial Corp
BBT
$2.66B
| $11.4M | ﹤0.01% |
316,336
+44,976
| +17% | +$1.59M |
|
|
RWT
1518
Redwood Trust
RWT
$574M
| $11.4M | ﹤0.01% |
686,358
+20,330
| +3% | +$328K |
|
1519
Repligen
RGEN
$9.21B
| $11.4M | ﹤0.01% |
323,737
+24,591
| +8% | +$779K |
|
1520
MaxLinear
MXL
$6.21B
| $11.4M | ﹤0.01% |
406,072
+3,811
| +0.9% | +$97.7K |
|
|
PEGI
1521
DELISTED
Pattern Energy Group Inc. Class A
PEGI
| $11.4M | ﹤0.01% |
565,456
+30,256
| +6% | +$604K |
|
|
RPXC
1522
DELISTED
RPX Corporation
RPXC
| $11.4M | ﹤0.01% |
948,574
+61,198
| +7% | +$694K |
|
1523
Park National Corp
PRK
$3.63B
| $11.4M | ﹤0.01% |
108,149
+10,573
| +11% | +$1.16M |
|
|
HSNI
1524
DELISTED
HSN, Inc.
HSNI
| $11.3M | ﹤0.01% |
304,694
-5,670
| -2% | -$203K |
|
|
ALX
1525
Alexander's
ALX
$1.38B
| $11.3M | ﹤0.01% |
26,175
+1,216
| +5% | +$520K |
|
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.