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 | |
|---|---|---|---|---|---|---|
|
SALE
1951
DELISTED
RetailMeNot, Inc. Series 1
SALE
| $6.07M | ﹤0.01% |
749,677
+26,196
| +4% | +$231K |
|
1952
Manitowoc
MTW
$702M
| $6.07M | ﹤0.01% |
266,245
+30,774
| +13% | +$759K |
|
1953
Great Southern Bancorp
GSBC
$875M
| $6.05M | ﹤0.01% |
119,743
+6,384
| +6% | +$324K |
|
1954
Medifast
MED
$130M
| $6.04M | ﹤0.01% |
136,067
+576
| +0.4% | +$24.8K |
|
|
PGNX
1955
DELISTED
Progenics Pharmaceuticals Inc
PGNX
| $6.03M | ﹤0.01% |
638,633
+47,907
| +8% | +$478K |
|
1956
Fossil Group
FOSL
$310M
| $6.01M | ﹤0.01% |
344,598
+30,723
| +10% | +$651K |
|
1957
HSBC
HSBC
$355B
| $6.01M | ﹤0.01% |
162,886
+41,930
| +35% | +$1.58M |
|
1958
Preferred Bank
PFBC
$1.27B
| $6M | ﹤0.01% |
111,798
+9,218
| +9% | +$501K |
|
|
MCHB
1959
Mechanics Bancorp
MCHB
$3.8B
| $5.99M | ﹤0.01% |
214,354
+37,530
| +21% | +$1.03M |
|
1960
Encore Capital Group
ECPG
$1.98B
| $5.96M | ﹤0.01% |
193,623
+16,673
| +9% | +$525K |
|
1961
US Physical Therapy
USPH
$1.22B
| $5.96M | ﹤0.01% |
91,309
+5,130
| +6% | +$364K |
|
|
CCC
1962
DELISTED
Calgon Carbon Corp
CCC
| $5.95M | ﹤0.01% |
407,642
+21,480
| +6% | +$330K |
|
|
ASNA
1963
DELISTED
Ascena Retail Group, Inc.
ASNA
| $5.95M | ﹤0.01% |
69,846
+2,537
| +4% | +$244K |
|
|
ANH
1964
DELISTED
Anworth Mortgage Asset Corporation
ANH
| $5.94M | ﹤0.01% |
1,071,060
-93,958
| -8% | -$502K |
|
|
HIBB
1965
DELISTED
Hibbett, Inc. Common Stock
HIBB
| $5.93M | ﹤0.01% |
200,995
+30,016
| +18% | +$942K |
|
1966
Abercrombie & Fitch
ANF
$5.24B
| $5.88M | ﹤0.01% |
493,184
+35,121
| +8% | +$418K |
|
|
CTWS
1967
DELISTED
Connecticut Water Service Inc
CTWS
| $5.86M | ﹤0.01% |
110,210
+1,294
| +1% | +$70K |
|
1968
Cato Corp
CATO
$65.3M
| $5.86M | ﹤0.01% |
266,698
+28,238
| +12% | +$704K |
|
|
TDAY
1969
USA Today Co
TDAY
$1B
| $5.84M | ﹤0.01% |
411,061
-56,931
| -12% | -$868K |
|
1970
CBIZ
CBZ
$2.96B
| $5.83M | ﹤0.01% |
430,679
+13,680
| +3% | +$184K |
|
|
BMTC
1971
DELISTED
Bryn Mawr Bank Corp
BMTC
| $5.83M | ﹤0.01% |
147,487
+6,552
| +5% | +$265K |
|
|
UBA
1972
DELISTED
Urstadt Biddle Properties Inc. Class A
UBA
| $5.82M | ﹤0.01% |
282,840
+48,522
| +21% | +$1.07M |
|
|
EPZM
1973
DELISTED
Epizyme, Inc
EPZM
| $5.79M | ﹤0.01% |
337,747
+15,299
| +5% | +$204K |
|
|
FIT
1974
DELISTED
Fitbit, Inc. Class A common stock
FIT
| $5.79M | ﹤0.01% |
978,462
+30,503
| +3% | +$193K |
|
|
SUP
1975
DELISTED
Superior Industries International
SUP
| $5.79M | ﹤0.01% |
228,341
+15,517
| +7% | +$381K |
|
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.