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 | |
|---|---|---|---|---|---|---|
|
COWN
2301
DELISTED
Cowen Inc. Class A Common Stock
COWN
| $3.46M | ﹤0.01% |
231,702
+7,890
| +4% | +$117K |
|
|
FFWM
2302
DELISTED
First Foundation Inc
FFWM
| $3.46M | ﹤0.01% |
223,067
+33,703
| +18% | +$516K |
|
|
HTB
2303
HomeTrust Bancshares
HTB
$837M
| $3.46M | ﹤0.01% |
147,201
+8,287
| +6% | +$203K |
|
2304
Artivion
AORT
$1.39B
| $3.45M | ﹤0.01% |
207,318
+5,931
| +3% | +$105K |
|
|
FRTA
2305
DELISTED
Forterra, Inc
FRTA
| $3.45M | ﹤0.01% |
177,008
+17,245
| +11% | +$332K |
|
|
SSNI
2306
DELISTED
Silver Spring Networks, Inc.
SSNI
| $3.45M | ﹤0.01% |
305,422
+38,626
| +14% | +$475K |
|
2307
Titan International
TWI
$438M
| $3.44M | ﹤0.01% |
332,280
+28,937
| +10% | +$343K |
|
|
EAGLU
2308
DELISTED
Double Eagle Acquisition Corp.
EAGLU
| $3.43M | ﹤0.01% |
325,000
| – | – |
|
|
BBG
2309
DELISTED
Bill Barrett Corp
BBG
| $3.43M | ﹤0.01% |
753,207
-201,020
| -21% | -$1.17M |
|
|
TVRD
2310
Tvardi Therapeutics
TVRD
$22.1M
| $3.42M | ﹤0.01% |
5,170
+245
| +5% | +$131K |
|
|
GNBC
2311
DELISTED
Green Bancorp, Inc
GNBC
| $3.42M | ﹤0.01% |
192,203
+32,577
| +20% | +$529K |
|
|
LDR
2312
DELISTED
Landauer Inc
LDR
| $3.42M | ﹤0.01% |
70,185
+2,276
| +3% | +$115K |
|
|
KMG
2313
DELISTED
KMG Chemicals Inc
KMG
| $3.42M | ﹤0.01% |
74,167
+1,878
| +3% | +$73.3K |
|
2314
OneSpan
OSPN
$624M
| $3.41M | ﹤0.01% |
252,885
+10,987
| +5% | +$154K |
|
|
BNFT
2315
DELISTED
Benefitfocus, Inc.
BNFT
| $3.41M | ﹤0.01% |
121,929
+12,501
| +11% | +$358K |
|
|
CHUBK
2316
DELISTED
CommerceHub, Inc. Series C Common Stock
CHUBK
| $3.4M | ﹤0.01% |
218,975
+9,770
| +5% | +$151K |
|
|
FGL
2317
DELISTED
Fidelity & Guaranty Life
FGL
| $3.4M | ﹤0.01% |
122,289
+11,490
| +10% | +$296K |
|
2318
Pacific Biosciences
PACB
$357M
| $3.39M | ﹤0.01% |
656,203
+67,069
| +11% | +$328K |
|
2319
Ezcorp Inc
EZPW
$1.76B
| $3.39M | ﹤0.01% |
415,603
+24,226
| +6% | +$222K |
|
2320
Malibu Boats
MBUU
$573M
| $3.38M | ﹤0.01% |
150,717
+18,353
| +14% | +$371K |
|
2321
Farmers National Banc Corp
FMNB
$970M
| $3.38M | ﹤0.01% |
235,229
+9,433
| +4% | +$129K |
|
|
MRLN
2322
DELISTED
Marlin Business Services Corp
MRLN
| $3.36M | ﹤0.01% |
130,522
+4,241
| +3% | +$99.7K |
|
2323
Accuray
ARAY
$32.9M
| $3.35M | ﹤0.01% |
705,308
+66,423
| +10% | +$346K |
|
2324
Rigel Pharmaceuticals
RIGL
$762M
| $3.35M | ﹤0.01% |
101,224
+25,057
| +33% | +$639K |
|
2325
NVE Corp
NVEC
$563M
| $3.35M | ﹤0.01% |
40,424
+4,198
| +12% | +$326K |
|
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.