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 | |
|---|---|---|---|---|---|---|
2151
Mercantile Bank Corp
MBWM
$1.06B
| $4.46M | ﹤0.01% |
129,692
+14,551
| +13% | +$490K |
|
2152
Imperial Oil
IMO
$62.4B
| $4.45M | ﹤0.01% |
+146,838
| New | +$4.75M |
|
2153
Stoneridge
SRI
$203M
| $4.44M | ﹤0.01% |
244,885
+8,355
| +4% | +$147K |
|
2154
Perdoceo Education
PRDO
$1.95B
| $4.44M | ﹤0.01% |
509,952
+8,567
| +2% | +$78.7K |
|
2155
UNIFI
UFI
$126M
| $4.43M | ﹤0.01% |
156,173
-10,291
| -6% | -$294K |
|
2156
Barrett Business Services
BBSI
$745M
| $4.43M | ﹤0.01% |
324,156
+35,224
| +12% | +$526K |
|
|
TSC
2157
DELISTED
TriState Capital Holdings, Inc.
TSC
| $4.42M | ﹤0.01% |
189,393
+16,265
| +9% | +$372K |
|
|
VRTSP
2158
DELISTED
Virtus Investment Partners, Inc. 7.25% Series D Mandatory Convertible Preferred Stock
VRTSP
| – | – |
0
| – | – |
|
|
ITCI
2159
DELISTED
Intra-Cellular Therapies Inc.
ITCI
| $4.4M | ﹤0.01% |
270,782
+8,023
| +3% | +$116K |
|
2160
Crocs
CROX
$6.22B
| $4.38M | ﹤0.01% |
620,075
+5,055
| +0.8% | +$35.1K |
|
|
CHUY
2161
DELISTED
Chuy's Holdings, Inc. Common Stock
CHUY
| $4.37M | ﹤0.01% |
146,655
+13,895
| +10% | +$407K |
|
|
CRC
2162
DELISTED
California Resources Corporation
CRC
| $4.37M | ﹤0.01% |
290,348
+6,325
| +2% | +$116K |
|
2163
Brown-Forman Class A
BF.A
$12.9B
| $4.37M | ﹤0.01% |
115,938
+11,815
| +11% | +$449K |
|
2164
Varonis Systems
VRNS
$4.87B
| $4.36M | ﹤0.01% |
411,318
+19,302
| +5% | +$185K |
|
2165
Axcelis
ACLS
$4.34B
| $4.35M | ﹤0.01% |
231,298
+24,530
| +12% | +$386K |
|
|
NXRT
2166
NexPoint Residential Trust
NXRT
$627M
| $4.34M | ﹤0.01% |
179,559
+4,302
| +2% | +$101K |
|
2167
REX American Resources
REX
$1.43B
| $4.33M | ﹤0.01% |
287,460
+28,368
| +11% | +$403K |
|
2168
SunCoke Energy
SXC
$783M
| $4.33M | ﹤0.01% |
483,721
-40,529
| -8% | -$397K |
|
2169
Methanex
MEOH
$4.15B
| $4.33M | ﹤0.01% |
92,660
+50,591
| +120% | +$2.43M |
|
|
LL
2170
DELISTED
LL Flooring Holdings, Inc.
LL
| $4.33M | ﹤0.01% |
206,107
+27,437
| +15% | +$466K |
|
2171
Horizon Bancorp
HBNC
$1.05B
| $4.32M | ﹤0.01% |
247,374
+11,821
| +5% | +$206K |
|
2172
Icahn Enterprises
IEP
$5.38B
| $4.3M | ﹤0.01% |
83,919
+19,257
| +30% | +$1.09M |
|
2173
Globalstar
GSAT
$10.8B
| $4.29M | ﹤0.01% |
178,995
+20,032
| +13% | +$450K |
|
|
TAHO
2174
DELISTED
Tahoe Resources Inc
TAHO
| $4.28M | ﹤0.01% |
533,504
+90,508
| +20% | +$780K |
|
|
EIGI
2175
DELISTED
Endurance International Group Holdings, Inc.
EIGI
| $4.27M | ﹤0.01% |
544,102
+21,793
| +4% | +$178K |
|
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.