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 | |
|---|---|---|---|---|---|---|
1701
Insmed
INSM
$29.3B
| $8.63M | ﹤0.01% |
493,181
+22,345
| +5% | +$345K |
|
1702
Houlihan Lokey
HLI
$8.81B
| $8.63M | ﹤0.01% |
250,638
+153,218
| +157% | +$4.89M |
|
|
IPXL
1703
DELISTED
Impax Laboratories, Inc.
IPXL
| $8.63M | ﹤0.01% |
682,560
-5,241
| -0.8% | -$63.3K |
|
1704
MBIA
MBI
$257M
| $8.63M | ﹤0.01% |
1,019,255
+84,095
| +9% | +$846K |
|
|
DERM
1705
DELISTED
Dermira, Inc.
DERM
| $8.61M | ﹤0.01% |
252,345
+54,646
| +28% | +$1.76M |
|
|
RAVN
1706
DELISTED
Raven Industries Inc
RAVN
| $8.6M | ﹤0.01% |
296,212
+21,170
| +8% | +$574K |
|
|
SNCR
1707
DELISTED
Synchronoss Technologies
SNCR
| $8.57M | ﹤0.01% |
39,024
+645
| +2% | +$188K |
|
|
LTRPA
1708
DELISTED
Liberty TripAdvisor Holdings, Inc. Series A
LTRPA
| $8.54M | ﹤0.01% |
605,478
+29,450
| +5% | +$463K |
|
1709
Precigen
PGEN
$2.46B
| $8.51M | ﹤0.01% |
429,532
+10,940
| +3% | +$244K |
|
1710
Andersons Inc
ANDE
$2.21B
| $8.51M | ﹤0.01% |
224,472
+20,861
| +10% | +$806K |
|
|
HT
1711
DELISTED
Hersha Hospitality Trust Priority Class A Common Shares of Beneficial Interest
HT
| $8.5M | ﹤0.01% |
452,540
-13,727
| -3% | -$275K |
|
|
LQ
1712
DELISTED
La Quinta Holdings Inc.
LQ
| $8.5M | ﹤0.01% |
628,621
+17,844
| +3% | +$249K |
|
1713
Chesapeake Utilities
CPK
$3.22B
| $8.48M | ﹤0.01% |
122,612
+3,531
| +3% | +$235K |
|
|
KG
1714
Kestrel Group
KG
$69.9M
| $8.46M | ﹤0.01% |
30,218
+1,072
| +4% | +$353K |
|
|
AVX
1715
DELISTED
AVX Corporation
AVX
| $8.46M | ﹤0.01% |
516,450
+33,200
| +7% | +$531K |
|
|
CRAY
1716
DELISTED
Cray, Inc.
CRAY
| $8.42M | ﹤0.01% |
384,336
+31,663
| +9% | +$625K |
|
1717
Safety Insurance
SAFT
$1.52B
| $8.41M | ﹤0.01% |
120,003
+11,893
| +11% | +$853K |
|
|
INVN
1718
DELISTED
Invensense Inc
INVN
| $8.4M | ﹤0.01% |
665,271
+34,310
| +5% | +$428K |
|
1719
Extreme Networks
EXTR
$3.13B
| $8.4M | ﹤0.01% |
1,118,815
+305,764
| +38% | +$1.83M |
|
|
EBSB
1720
DELISTED
Meridian Bancorp, Inc.
EBSB
| $8.4M | ﹤0.01% |
459,075
+27,662
| +6% | +$519K |
|
|
IPCC
1721
DELISTED
Infinity Property & Casualty C
IPCC
| $8.38M | ﹤0.01% |
87,731
+3,644
| +4% | +$331K |
|
1722
Helix Energy Solutions
HLX
$1.49B
| $8.36M | ﹤0.01% |
1,075,670
+251,448
| +31% | +$2.02M |
|
1723
Etsy
ETSY
$7.35B
| $8.35M | ﹤0.01% |
785,888
+51,569
| +7% | +$605K |
|
|
ALDR
1724
DELISTED
Alder Biopharmaceuticals
ALDR
| $8.35M | ﹤0.01% |
401,570
+70,691
| +21% | +$1.56M |
|
|
APFH
1725
DELISTED
AdvancePierre Foods Holdings
APFH
| $8.34M | ﹤0.01% |
267,641
+108,181
| +68% | +$3.12M |
|
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.