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 | |
|---|---|---|---|---|---|---|
|
MNR
1801
DELISTED
Monmouth Real Estate Investment Corp
MNR
| $7.53M | ﹤0.01% |
527,930
+38,803
| +8% | +$564K |
|
1802
Fox Factory Holding Corp
FOXF
$905M
| $7.53M | ﹤0.01% |
262,331
+54,642
| +26% | +$1.49M |
|
|
CMO
1803
DELISTED
Capstead Mortgage Corp.
CMO
| $7.5M | ﹤0.01% |
712,077
-232,665
| -25% | -$2.46M |
|
|
EGRX
1804
DELISTED
Eagle Pharmaceuticals, Inc.
EGRX
| $7.5M | ﹤0.01% |
90,416
+19,710
| +28% | +$1.47M |
|
1805
Southern Copper
SCCO
$164B
| $7.49M | ﹤0.01% |
228,429
+23,672
| +12% | +$792K |
|
|
MTSC
1806
DELISTED
MTS Systems Corp
MTSC
| $7.44M | ﹤0.01% |
135,095
-3,417
| -2% | -$192K |
|
|
CIR
1807
DELISTED
CIRCOR International, Inc
CIR
| $7.43M | ﹤0.01% |
125,051
+2,998
| +2% | +$184K |
|
|
DNR
1808
DELISTED
Denbury Resources, Inc.
DNR
| $7.43M | ﹤0.01% |
2,879,418
+24,846
| +0.9% | +$76.9K |
|
1809
The Ensign Group
ENSG
$10.5B
| $7.42M | ﹤0.01% |
421,845
+25,618
| +6% | +$462K |
|
1810
Enviri
NVRI
$566M
| $7.4M | ﹤0.01% |
580,745
+16,631
| +3% | +$222K |
|
1811
TriMas Corp
TRS
$1.43B
| $7.4M | ﹤0.01% |
356,625
+14,077
| +4% | +$309K |
|
|
HF
1812
DELISTED
HFF Inc.
HF
| $7.4M | ﹤0.01% |
267,310
+13,963
| +6% | +$410K |
|
1813
LendingTree
TREE
$443M
| $7.38M | ﹤0.01% |
58,884
+3,623
| +7% | +$413K |
|
1814
Q2 Holdings
QTWO
$3.95B
| $7.36M | ﹤0.01% |
211,319
+16,496
| +8% | +$550K |
|
1815
1st Source
SRCE
$2.12B
| $7.36M | ﹤0.01% |
156,790
+6,756
| +5% | +$308K |
|
|
LADR
1816
Ladder Capital
LADR
$1.26B
| $7.36M | ﹤0.01% |
509,512
+132,849
| +35% | +$1.87M |
|
|
MANT
1817
DELISTED
Mantech International Corp
MANT
| $7.34M | ﹤0.01% |
211,908
+12,380
| +6% | +$472K |
|
1818
Helios Technologies
HLIO
$2.68B
| $7.32M | ﹤0.01% |
202,684
+11,728
| +6% | +$440K |
|
1819
Novanta
NOVT
$6.34B
| $7.32M | ﹤0.01% |
275,622
+5,949
| +2% | +$145K |
|
1820
Ingles Markets
IMKTA
$1.65B
| $7.31M | ﹤0.01% |
169,459
-272
| -0.2% | -$12.5K |
|
|
UTEK
1821
DELISTED
Ultratech Inc.
UTEK
| $7.31M | ﹤0.01% |
246,920
+12,274
| +5% | +$340K |
|
|
USCR
1822
DELISTED
U S Concrete, Inc.
USCR
| $7.31M | ﹤0.01% |
113,231
+4,318
| +4% | +$279K |
|
1823
Gray Television
GTN
$490M
| $7.3M | ﹤0.01% |
503,391
+38,866
| +8% | +$492K |
|
|
KE
1824
Kimball Electronics
KE
$607M
| $7.3M | ﹤0.01% |
430,495
+27,752
| +7% | +$463K |
|
1825
Weis Markets
WMK
$1.76B
| $7.29M | ﹤0.01% |
122,151
+11,627
| +11% | +$712K |
|
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.