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 | |
|---|---|---|---|---|---|---|
1901
Washington Trust Bancorp
WASH
$744M
| $6.48M | ﹤0.01% |
131,480
+2,522
| +2% | +$135K |
|
1902
TAL Education Group
TAL
$6.75B
| $6.48M | ﹤0.01% |
366,306
+68,412
| +23% | +$992K |
|
|
GHDX
1903
DELISTED
Genomic Health, Inc.
GHDX
| $6.48M | ﹤0.01% |
205,838
+13,549
| +7% | +$401K |
|
1904
Tootsie Roll Industries
TR
$2.97B
| $6.45M | ﹤0.01% |
225,285
+3,204
| +1% | +$91.9K |
|
1905
Koppers
KOP
$870M
| $6.45M | ﹤0.01% |
152,246
+3,821
| +3% | +$160K |
|
1906
Alaunos Therapeutics
TCRT
$4.81M
| $6.44M | ﹤0.01% |
6,776
+254
| +4% | +$237K |
|
1907
Iridium Communications
IRDM
$5.23B
| $6.43M | ﹤0.01% |
666,306
+27,463
| +4% | +$262K |
|
|
DEL
1908
DELISTED
Deltic Timber
DEL
| $6.41M | ﹤0.01% |
82,053
+2,060
| +3% | +$158K |
|
|
MEET
1909
DELISTED
The Meet Group, Inc. Common Stock
MEET
| $6.41M | ﹤0.01% |
1,088,207
+411,375
| +61% | +$2.09M |
|
|
ASRT
1910
DELISTED
Assertio
ASRT
| $6.4M | ﹤0.01% |
8,500
+551
| +7% | +$558K |
|
1911
Kforce
KFRC
$1.04B
| $6.39M | ﹤0.01% |
269,261
+28,482
| +12% | +$679K |
|
|
FFIC
1912
DELISTED
Flushing Financial
FFIC
| $6.38M | ﹤0.01% |
237,527
+7,432
| +3% | +$207K |
|
1913
First Bancorp
FBNC
$2.7B
| $6.37M | ﹤0.01% |
217,638
+18,841
| +9% | +$550K |
|
1914
Red Rock Resorts
RRR
$3.73B
| $6.37M | ﹤0.01% |
287,098
+59,002
| +26% | +$1.35M |
|
|
AGU
1915
DELISTED
Agrium
AGU
| $6.37M | ﹤0.01% |
67,071
+62,633
| +1,411% | +$6.31M |
|
|
ISLE
1916
DELISTED
Isle of Capri Casinos Inc
ISLE
| $6.36M | ﹤0.01% |
241,362
-34,057
| -12% | -$843K |
|
|
AEGN
1917
DELISTED
Aegion Corp
AEGN
| $6.36M | ﹤0.01% |
277,556
+11,626
| +4% | +$267K |
|
1918
Atlanta Braves Holdings Series B
BATRK
$3.27B
| $6.36M | ﹤0.01% |
268,769
+10,061
| +4% | +$215K |
|
1919
Teladoc Health
TDOC
$1.24B
| $6.35M | ﹤0.01% |
254,130
+111,187
| +78% | +$2.31M |
|
1920
AngioDynamics
ANGO
$651M
| $6.35M | ﹤0.01% |
366,148
+64,707
| +21% | +$1.08M |
|
1921
Heritage Financial
HFWA
$1.21B
| $6.34M | ﹤0.01% |
256,354
+12,988
| +5% | +$325K |
|
|
HEES
1922
DELISTED
H&E Equipment Services
HEES
| $6.34M | ﹤0.01% |
258,547
+16,708
| +7% | +$409K |
|
|
SNR
1923
DELISTED
NEW SENIOR INVESTMENT GROUP INC.
SNR
| $6.31M | ﹤0.01% |
618,837
+12,500
| +2% | +$127K |
|
|
ACIA
1924
DELISTED
Acacia Communications Inc
ACIA
| $6.31M | ﹤0.01% |
107,673
+2,184
| +2% | +$127K |
|
1925
Altisource Portfolio Solutions
ASPS
$63.7M
| $6.3M | ﹤0.01% |
21,417
-7,998
| -27% | -$1.77M |
|
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.