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 | |
|---|---|---|---|---|---|---|
|
SRG
1601
Seritage Growth Properties
SRG
$136M
| $10.1M | ﹤0.01% |
233,227
+37,381
| +19% | +$1.63M |
|
|
DCUC
1602
DELISTED
Dominion Energy, Inc.
DCUC
| – | – |
0
| – | – |
|
|
PMC
1603
DELISTED
PharMerica Corporation
PMC
| $10.1M | ﹤0.01% |
429,851
+18,452
| +4% | +$455K |
|
|
TGI
1604
DELISTED
Triumph Group
TGI
| $10M | ﹤0.01% |
388,761
+34,329
| +10% | +$899K |
|
|
BSFT
1605
DELISTED
BroadSoft, Inc.
BSFT
| $10M | ﹤0.01% |
248,897
+16,039
| +7% | +$682K |
|
|
IPHS
1606
DELISTED
Innophos Holdings, Inc.
IPHS
| $9.97M | ﹤0.01% |
184,719
+1,786
| +1% | +$92.1K |
|
1607
Asbury Automotive
ABG
$3.78B
| $9.96M | ﹤0.01% |
165,731
+8,426
| +5% | +$540K |
|
|
RPT
1608
DELISTED
RPT Realty Common Shares of Beneficial Interest (MD)
RPT
| $9.95M | ﹤0.01% |
709,796
+25,360
| +4% | +$393K |
|
1609
AMERISAFE
AMSF
$522M
| $9.95M | ﹤0.01% |
153,315
+5,752
| +4% | +$370K |
|
|
BRSS
1610
DELISTED
Global Brass & Copper Hldgs, Inc
BRSS
| $9.95M | ﹤0.01% |
289,171
+50,711
| +21% | +$1.72M |
|
|
ARCH
1611
DELISTED
Arch Resources, Inc.
ARCH
| $9.94M | ﹤0.01% |
144,246
+4,249
| +3% | +$302K |
|
1612
Tennant Co
TNC
$1.18B
| $9.94M | ﹤0.01% |
136,807
+12,064
| +10% | +$850K |
|
1613
Matsons
MATX
$6.24B
| $9.92M | ﹤0.01% |
312,233
-67,171
| -18% | -$2.31M |
|
|
NP
1614
DELISTED
Neenah, Inc. Common Stock
NP
| $9.84M | ﹤0.01% |
131,709
+11,144
| +9% | +$881K |
|
1615
Veeco
VECO
$3.02B
| $9.82M | ﹤0.01% |
329,106
+10,499
| +3% | +$293K |
|
1616
Protolabs
PRLB
$2.14B
| $9.82M | ﹤0.01% |
192,143
+18,925
| +11% | +$1M |
|
|
AXON
1617
Axon Enterprise
AXON
$48.4B
| $9.8M | ﹤0.01% |
430,175
+39,905
| +10% | +$979K |
|
|
FOE
1618
DELISTED
Ferro Corporation
FOE
| $9.74M | ﹤0.01% |
641,105
+38,990
| +6% | +$559K |
|
1619
Cal-Maine
CALM
$3.85B
| $9.72M | ﹤0.01% |
264,207
+23,451
| +10% | +$938K |
|
1620
Terreno Realty
TRNO
$7.45B
| $9.71M | ﹤0.01% |
346,775
+7,948
| +2% | +$220K |
|
|
AIMC
1621
DELISTED
Altra Industrial Motion Corp
AIMC
| $9.71M | ﹤0.01% |
249,176
+60,972
| +32% | +$2.34M |
|
|
AVXS
1622
DELISTED
AveXis, Inc. Common Stock
AVXS
| $9.69M | ﹤0.01% |
127,512
+3,575
| +3% | +$221K |
|
1623
Werner Enterprises
WERN
$2.2B
| $9.66M | ﹤0.01% |
368,735
+16,281
| +5% | +$444K |
|
1624
Seaboard Corp
SEB
$4.06B
| $9.64M | ﹤0.01% |
2,313
+106
| +5% | +$414K |
|
1625
Kosmos Energy
KOS
$1.49B
| $9.63M | ﹤0.01% |
1,445,635
+225,507
| +18% | +$1.42M |
|
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.