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 | |
|---|---|---|---|---|---|---|
|
WIFI
2201
DELISTED
Boingo Wireless, Inc.
WIFI
| $4.06M | ﹤0.01% |
312,594
+10,613
| +4% | +$127K |
|
2202
Financial Institutions
FISI
$824M
| $4.06M | ﹤0.01% |
123,164
+15,631
| +15% | +$522K |
|
|
OKSB
2203
DELISTED
Southwest Bancorp Inc/OK
OKSB
| $4.05M | ﹤0.01% |
155,016
+16,827
| +12% | +$461K |
|
|
SCLN
2204
DELISTED
Sciclone Pharmaceuticals Inc
SCLN
| $4.05M | ﹤0.01% |
413,282
+16,554
| +4% | +$165K |
|
2205
MarineMax
HZO
$1.15B
| $4.05M | ﹤0.01% |
187,053
+16,195
| +9% | +$341K |
|
2206
Federal Agricultural Mortgage
AGM
$2.57B
| $4.05M | ﹤0.01% |
70,310
+1,980
| +3% | +$114K |
|
2207
OFG Bancorp
OFG
$2.23B
| $4.04M | ﹤0.01% |
342,368
+46,215
| +16% | +$588K |
|
2208
Hawkins
HWKN
$2.69B
| $4.04M | ﹤0.01% |
164,736
+9,496
| +6% | +$242K |
|
|
XENT
2209
DELISTED
Intersect ENT, Inc
XENT
| $4.03M | ﹤0.01% |
234,881
+8,417
| +4% | +$118K |
|
2210
Tredegar Corp
TG
$278M
| $4.03M | ﹤0.01% |
229,491
+17,427
| +8% | +$363K |
|
2211
BlackBerry
BB
$5.21B
| $4.03M | ﹤0.01% |
521,518
+278,504
| +115% | +$1.98M |
|
2212
Peapack-Gladstone Financial
PGC
$816M
| $4.01M | ﹤0.01% |
135,500
+8,180
| +6% | +$252K |
|
2213
Expro Ltd
XPRO
$2.05B
| $4.01M | ﹤0.01% |
63,221
-1,364
| -2% | -$96K |
|
2214
Shake Shack
SHAK
$2.88B
| $3.99M | ﹤0.01% |
119,450
+3,486
| +3% | +$120K |
|
|
BKS
2215
DELISTED
Barnes & Noble
BKS
| $3.98M | ﹤0.01% |
430,860
+11,718
| +3% | +$117K |
|
2216
Ennis
EBF
$555M
| $3.98M | ﹤0.01% |
234,405
-11,315
| -5% | -$188K |
|
|
XYZ
2217
Block Inc
XYZ
$46.5B
| $3.98M | ﹤0.01% |
230,557
+26,262
| +13% | +$411K |
|
|
OPB
2218
DELISTED
Opus Bank Common Stock
OPB
| $3.98M | ﹤0.01% |
197,423
-41,429
| -17% | -$947K |
|
|
FRBK
2219
DELISTED
Republic First Bancorp Inc
FRBK
| $3.98M | ﹤0.01% |
479,199
+23,478
| +5% | +$186K |
|
|
WSR
2220
DELISTED
Whitestone REIT
WSR
| $3.97M | ﹤0.01% |
286,742
+18,634
| +7% | +$257K |
|
2221
Chegg
CHGG
$90.5M
| $3.96M | ﹤0.01% |
469,870
+36,745
| +8% | +$283K |
|
|
NSM
2222
DELISTED
Nationstar Mortgage Holdings
NSM
| $3.96M | ﹤0.01% |
251,218
+6,491
| +3% | +$115K |
|
|
SRDX
2223
DELISTED
Surmodics
SRDX
| $3.95M | ﹤0.01% |
164,452
+7,607
| +5% | +$186K |
|
|
EGL
2224
DELISTED
Engility Holdings, Inc.
EGL
| $3.93M | ﹤0.01% |
135,953
+10,961
| +9% | +$335K |
|
|
AHRT
2225
AH Realty Trust
AHRT
$503M
| $3.93M | ﹤0.01% |
283,128
+11,992
| +4% | +$167K |
|
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.