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 | |
|---|---|---|---|---|---|---|
1576
Genesco
GCO
$419M
| $10.4M | ﹤0.01% |
188,438
+22,885
| +14% | +$1.36M |
|
|
NAVG
1577
DELISTED
Navigators Group Inc
NAVG
| $10.4M | ﹤0.01% |
192,397
+18,827
| +11% | +$1.05M |
|
1578
Comfort Systems
FIX
$58.9B
| $10.4M | ﹤0.01% |
282,857
+8,402
| +3% | +$292K |
|
|
SASR
1579
DELISTED
Sandy Spring Bancorp Inc
SASR
| $10.4M | ﹤0.01% |
252,837
+35,858
| +17% | +$1.48M |
|
|
UHT
1580
Universal Health Realty Income Trust
UHT
$576M
| $10.4M | ﹤0.01% |
160,621
+26,717
| +20% | +$1.69M |
|
1581
Albany International
AIN
$1.73B
| $10.3M | ﹤0.01% |
224,710
+11,866
| +6% | +$552K |
|
|
BRKL
1582
DELISTED
Brookline Bancorp
BRKL
| $10.3M | ﹤0.01% |
660,917
+51,313
| +8% | +$808K |
|
|
TBI
1583
Trueblue
TBI
$323M
| $10.3M | ﹤0.01% |
376,678
+31,258
| +9% | +$798K |
|
1584
OneMain Financial
OMF
$7.27B
| $10.3M | ﹤0.01% |
414,384
+30,219
| +8% | +$759K |
|
1585
Orthofix Medical
OFIX
$418M
| $10.3M | ﹤0.01% |
269,284
+36,551
| +16% | +$1.35M |
|
|
ATW
1586
DELISTED
Atwood Oceanics
ATW
| $10.3M | ﹤0.01% |
1,076,926
+106,417
| +11% | +$1.19M |
|
|
LGF.A
1587
DELISTED
Lions Gate Entertainment Corp. Class A Voting Shares
LGF.A
| $10.2M | ﹤0.01% |
385,701
+28,718
| +8% | +$783K |
|
|
AYR
1588
DELISTED
Aircastle Ltd
AYR
| $10.2M | ﹤0.01% |
424,465
+9,088
| +2% | +$210K |
|
|
KBAL
1589
DELISTED
Kimball International
KBAL
| $10.2M | ﹤0.01% |
619,690
+60,219
| +11% | +$1.01M |
|
1590
Employers Holdings
EIG
$881M
| $10.2M | ﹤0.01% |
268,049
-15,511
| -5% | -$585K |
|
1591
Interface
TILE
$2.18B
| $10.2M | ﹤0.01% |
533,313
+16,620
| +3% | +$307K |
|
|
BPMC
1592
DELISTED
Blueprint Medicines
BPMC
| $10.2M | ﹤0.01% |
254,026
+26,128
| +11% | +$936K |
|
|
KAMN
1593
DELISTED
Kaman Corp
KAMN
| $10.1M | ﹤0.01% |
210,841
+3,559
| +2% | +$178K |
|
1594
Agree Realty
ADC
$9.22B
| $10.1M | ﹤0.01% |
211,551
+5,549
| +3% | +$263K |
|
1595
E.W. Scripps
SSP
$309M
| $10.1M | ﹤0.01% |
432,829
+11,056
| +3% | +$233K |
|
|
SN
1596
DELISTED
Sanchez Energy Corporation
SN
| $10.1M | ﹤0.01% |
1,062,972
+419,173
| +65% | +$4.69M |
|
1597
StoneX
SNEX
$7.81B
| $10.1M | ﹤0.01% |
1,350,356
+3,017
| +0.2% | +$22.4K |
|
|
CUB
1598
DELISTED
Cubic Corporation
CUB
| $10.1M | ﹤0.01% |
191,604
+5,755
| +3% | +$290K |
|
1599
Kulicke & Soffa
KLIC
$4.53B
| $10.1M | ﹤0.01% |
497,702
+12,434
| +3% | +$239K |
|
|
CNSL
1600
DELISTED
Consolidated Communications Holdings, Inc.
CNSL
| $10.1M | ﹤0.01% |
429,946
+52,312
| +14% | +$1.3M |
|
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.