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 | |
|---|---|---|---|---|---|---|
|
PRSU
1826
Pursuit Attractions and Hospitality Inc
PRSU
$1.26B
| $7.22M | ﹤0.01% |
159,826
+10,762
| +7% | +$487K |
|
1827
Green Plains
GPRE
$1.09B
| $7.22M | ﹤0.01% |
291,588
+11,392
| +4% | +$271K |
|
|
KRA
1828
DELISTED
Kraton Corporation
KRA
| $7.21M | ﹤0.01% |
233,179
+12,411
| +6% | +$346K |
|
|
MAGN
1829
Magnera Corp
MAGN
$444M
| $7.19M | ﹤0.01% |
25,430
+1,283
| +5% | +$383K |
|
|
XLRN
1830
DELISTED
Acceleron Pharma
XLRN
| $7.18M | ﹤0.01% |
271,440
+7,378
| +3% | +$194K |
|
|
CSC
1831
DELISTED
Computer Sciences
CSC
| $7.18M | ﹤0.01% |
104,052
-855,002
| -89% | -$56.7M |
|
1832
Hannon Armstrong Sustainable Infrastructure Capital
HASI
$5.28B
| $7.16M | ﹤0.01% |
354,665
+51,237
| +17% | +$984K |
|
1833
Kadant
KAI
$4B
| $7.16M | ﹤0.01% |
120,698
+5,826
| +5% | +$354K |
|
|
LMNX
1834
DELISTED
Luminex Corp
LMNX
| $7.16M | ﹤0.01% |
389,903
+39,923
| +11% | +$760K |
|
1835
Strategic Education
STRA
$1.81B
| $7.16M | ﹤0.01% |
88,977
+10,175
| +13% | +$815K |
|
1836
Usana Health Sciences
USNA
$254M
| $7.15M | ﹤0.01% |
124,211
+14,018
| +13% | +$837K |
|
1837
Dine Brands
DIN
$454M
| $7.15M | ﹤0.01% |
131,458
+3,958
| +3% | +$250K |
|
|
NFBK
1838
DELISTED
Northfield Bancorp
NFBK
| $7.15M | ﹤0.01% |
396,942
+13,404
| +3% | +$247K |
|
|
SBY
1839
DELISTED
Silver Bay Realty Trust Corp.
SBY
| $7.14M | ﹤0.01% |
332,832
+31,771
| +11% | +$605K |
|
1840
Central Pacific Financial
CPF
$996M
| $7.14M | ﹤0.01% |
233,848
+7,053
| +3% | +$219K |
|
1841
MYR Group
MYRG
$5.14B
| $7.14M | ﹤0.01% |
174,182
+8,453
| +5% | +$329K |
|
|
RRD
1842
DELISTED
RR Donnelley & Sons Co.
RRD
| $7.14M | ﹤0.01% |
589,741
-109,014
| -16% | -$1.74M |
|
1843
OceanFirst Financial
OCFC
$1.84B
| $7.12M | ﹤0.01% |
252,621
+7,605
| +3% | +$221K |
|
1844
Southside Bancshares
SBSI
$965M
| $7.12M | ﹤0.01% |
217,284
+24,044
| +12% | +$823K |
|
|
ESND
1845
DELISTED
Essendant Inc.
ESND
| $7.12M | ﹤0.01% |
469,713
+113,948
| +32% | +$2.12M |
|
1846
Lindsay Corp
LNN
$1.17B
| $7.11M | ﹤0.01% |
80,715
+2,404
| +3% | +$188K |
|
|
BFS
1847
Saul Centers
BFS
$853M
| $7.07M | ﹤0.01% |
114,749
+4,863
| +4% | +$310K |
|
1848
BJ's Restaurants
BJRI
$1.44B
| $7.07M | ﹤0.01% |
175,007
+472
| +0.3% | +$17.5K |
|
|
CWEI
1849
DELISTED
Clayton Williams Energy, Inc.
CWEI
| $7.07M | ﹤0.01% |
53,521
+2,541
| +5% | +$340K |
|
|
MNTA
1850
DELISTED
Momenta Pharmaceuticals, Inc.
MNTA
| $7.06M | ﹤0.01% |
528,877
+50,289
| +11% | +$788K |
|
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.