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 | |
|---|---|---|---|---|---|---|
1751
Community Health Systems
CYH
$400M
| $8.01M | ﹤0.01% |
903,231
+97,632
| +12% | +$761K |
|
|
MYCC
1752
DELISTED
ClubCorp Holdings, Inc.
MYCC
| $7.99M | ﹤0.01% |
497,649
+52,238
| +12% | +$858K |
|
1753
Diodes
DIOD
$4.75B
| $7.97M | ﹤0.01% |
331,400
+29,676
| +10% | +$738K |
|
|
CFNL
1754
DELISTED
Cardinal Financial Corp
CFNL
| $7.96M | ﹤0.01% |
265,843
+6,205
| +2% | +$192K |
|
|
DO
1755
DELISTED
Diamond Offshore Drilling
DO
| $7.95M | ﹤0.01% |
475,783
+21,836
| +5% | +$371K |
|
|
ALOG
1756
DELISTED
Analogic Corp
ALOG
| $7.95M | ﹤0.01% |
104,722
+8,092
| +8% | +$634K |
|
1757
RE/MAX Holdings
RMAX
$258M
| $7.94M | ﹤0.01% |
133,616
-1,414
| -1% | -$80.2K |
|
|
CSII
1758
DELISTED
Cardiovascular Systems, Inc.
CSII
| $7.94M | ﹤0.01% |
280,930
+17,414
| +7% | +$462K |
|
|
STBZ
1759
DELISTED
State Bank Financial Corporation. Common Stock
STBZ
| $7.93M | ﹤0.01% |
303,624
+14,768
| +5% | +$391K |
|
1760
Stock Yards Bancorp
SYBT
$2.6B
| $7.92M | ﹤0.01% |
194,911
-3,310
| -2% | -$146K |
|
1761
Customers Bancorp
CUBI
$2.8B
| $7.9M | ﹤0.01% |
250,663
+58,440
| +30% | +$1.99M |
|
|
GCI
1762
DELISTED
Gannett Co., Inc
GCI
| $7.9M | ﹤0.01% |
942,526
+17,452
| +2% | +$156K |
|
1763
Primoris Services
PRIM
$4.42B
| $7.9M | ﹤0.01% |
340,116
+19,068
| +6% | +$458K |
|
1764
iShares Core MSCI Emerging Markets ETF
IEMG
$156B
| – | – |
0
| – | – |
|
|
SINA
1765
DELISTED
Sina Corp
SINA
| $7.88M | ﹤0.01% |
109,517
+9,036
| +9% | +$640K |
|
1766
ePlus
PLUS
$2.32B
| $7.87M | ﹤0.01% |
466,088
+255,448
| +121% | +$7.83M |
|
|
CCF
1767
DELISTED
Chase Corporation
CCF
| $7.87M | ﹤0.01% |
82,481
+18,944
| +30% | +$1.71M |
|
1768
Standard Motor Products
SMP
$889M
| $7.86M | ﹤0.01% |
159,973
+9,522
| +6% | +$472K |
|
|
CVGW
1769
DELISTED
Calavo Growers
CVGW
| $7.84M | ﹤0.01% |
129,417
+9,563
| +8% | +$552K |
|
|
PKY
1770
DELISTED
Parkway, Inc.
PKY
| $7.84M | ﹤0.01% |
394,046
+25,022
| +7% | +$523K |
|
1771
Boise Cascade
BCC
$2.98B
| $7.78M | ﹤0.01% |
291,570
+8,693
| +3% | +$226K |
|
1772
G-III Apparel Group
GIII
$1.44B
| $7.78M | ﹤0.01% |
355,638
+24,545
| +7% | +$626K |
|
|
SGYP
1773
DELISTED
Synergy Pharmaceuticals, Inc Common Stock
SGYP
| $7.78M | ﹤0.01% |
1,670,188
+189,235
| +13% | +$1.1M |
|
|
LABL
1774
DELISTED
Multi-Color Corp
LABL
| $7.78M | ﹤0.01% |
109,513
+3,567
| +3% | +$266K |
|
|
BEL
1775
DELISTED
Belmond Ltd.
BEL
| $7.77M | ﹤0.01% |
642,472
+44,812
| +7% | +$590K |
|
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.