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 | |
|---|---|---|---|---|---|---|
|
ECHO
2101
DELISTED
Echo Global Logistics, Inc.
ECHO
| $4.9M | ﹤0.01% |
229,608
+22,911
| +11% | +$527K |
|
2102
AtriCure
ATRC
$2.18B
| $4.9M | ﹤0.01% |
255,862
+11,150
| +5% | +$195K |
|
2103
Donnelley Financial Solutions
DFIN
$1.16B
| $4.89M | ﹤0.01% |
253,616
+13,632
| +6% | +$307K |
|
2104
ArcBest
ARCB
$3.03B
| $4.86M | ﹤0.01% |
187,009
-36,459
| -16% | -$1.07M |
|
|
PDLI
2105
DELISTED
PDL BioPharma, Inc.
PDLI
| $4.86M | ﹤0.01% |
2,139,365
-251,841
| -11% | -$557K |
|
|
LCI
2106
DELISTED
Lannett Company, Inc.
LCI
| $4.85M | ﹤0.01% |
54,242
+1,890
| +4% | +$162K |
|
2107
MacroGenics
MGNX
$249M
| $4.85M | ﹤0.01% |
260,670
+10,983
| +4% | +$212K |
|
|
FARO
2108
DELISTED
Faro Technologies
FARO
| $4.84M | ﹤0.01% |
135,535
+13,444
| +11% | +$490K |
|
|
VRTV
2109
DELISTED
VERITIV CORPORATION
VRTV
| $4.82M | ﹤0.01% |
93,120
+19,895
| +27% | +$1.1M |
|
|
ESPR
2110
DELISTED
Esperion Therapeutics
ESPR
| $4.82M | ﹤0.01% |
136,521
+7,437
| +6% | +$170K |
|
2111
Peoples Bancorp
PEBO
$1.47B
| $4.82M | ﹤0.01% |
152,195
+8,521
| +6% | +$272K |
|
2112
The RMR Group
RMR
$337M
| $4.82M | ﹤0.01% |
97,314
+15,686
| +19% | +$746K |
|
|
FINL
2113
DELISTED
Finish Line
FINL
| $4.77M | ﹤0.01% |
335,248
+17,951
| +6% | +$301K |
|
|
PRFT
2114
DELISTED
Perficient Inc
PRFT
| $4.76M | ﹤0.01% |
274,378
+6,601
| +2% | +$118K |
|
|
FLIC
2115
DELISTED
First of Long Island Corp
FLIC
| $4.76M | ﹤0.01% |
176,041
+6,279
| +4% | +$172K |
|
2116
Heritage Insurance Holdings
HRTG
$957M
| $4.75M | ﹤0.01% |
372,147
+13,767
| +4% | +$198K |
|
|
FBC
2117
DELISTED
Flagstar Bancorp, Inc. New
FBC
| $4.74M | ﹤0.01% |
168,301
+4,112
| +3% | +$112K |
|
2118
DXP Enterprises
DXPE
$3.03B
| $4.74M | ﹤0.01% |
125,144
+12,706
| +11% | +$454K |
|
2119
PC Connection
CNXN
$2.04B
| $4.71M | ﹤0.01% |
158,033
+7,891
| +5% | +$219K |
|
|
FRAN
2120
DELISTED
Francesca's Holdings Corporation
FRAN
| $4.7M | ﹤0.01% |
25,517
-2,504
| -9% | -$519K |
|
|
ELGX
2121
DELISTED
Endologix Inc
ELGX
| $4.69M | ﹤0.01% |
64,829
+2,302
| +4% | +$152K |
|
2122
First Financial Corp
THFF
$967M
| $4.69M | ﹤0.01% |
98,800
+5,084
| +5% | +$244K |
|
|
PRO
2123
DELISTED
PROS Holdings
PRO
| $4.68M | ﹤0.01% |
193,686
+12,945
| +7% | +$292K |
|
2124
Motorcar Parts of America
MPAA
$236M
| $4.68M | ﹤0.01% |
152,421
+6,144
| +4% | +$172K |
|
2125
Marten Transport
MRTN
$1.18B
| $4.66M | ﹤0.01% |
496,733
+35,358
| +8% | +$334K |
|
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.