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 |
DXC Technology
DXC
|
+$213M |
| 2 |
Altria Group
MO
|
+$206M |
| 3 |
ExxonMobil
XOM
|
+$105M |
| 4 |
Microsoft
MSFT
|
+$86.8M |
| 5 |
Meta Platforms (Facebook)
META
|
+$75.5M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
YHOO
Yahoo Inc
YHOO
|
+$403M |
| 2 |
Home Depot
HD
|
+$164M |
| 3 |
MJN
Mead Johnson Nutrition Company
MJN
|
+$160M |
| 4 |
Boeing
BA
|
+$127M |
| 5 |
Hewlett Packard
HPE
|
+$92.7M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 15.9% |
| 2 | Technology | 15.77% |
| 3 | Healthcare | 13.92% |
| 4 | Industrials | 10.5% |
| 5 | Consumer Discretionary | 9.55% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
IHC
2551
DELISTED
Independence Holding Company
IHC
| $2.53M | ﹤0.01% |
123,844
+985
| +0.8% | +$18.8K |
|
|
FPI
2552
Farmland Partners
FPI
$432M
| $2.52M | ﹤0.01% |
282,411
+12,862
| +5% | +$130K |
|
|
SHYF
2553
DELISTED
The Shyft Group
SHYF
| $2.52M | ﹤0.01% |
284,732
+1,312
| +0.5% | +$11.1K |
|
|
FFKT
2554
DELISTED
Farmers Capital Bank Corp
FFKT
| $2.51M | ﹤0.01% |
65,207
+1,065
| +2% | +$42.3K |
|
2555
NACCO Industries
NC
$320M
| $2.51M | ﹤0.01% |
154,845
+3,580
| +2% | +$59.8K |
|
2556
Caesarstone
CSTE
$79.5M
| $2.5M | ﹤0.01% |
71,326
+13,322
| +23% | +$499K |
|
|
DSPG
2557
DELISTED
DSP Group Inc
DSPG
| $2.5M | ﹤0.01% |
215,351
+16,782
| +8% | +$203K |
|
2558
Titan Machinery
TITN
$445M
| $2.49M | ﹤0.01% |
138,415
+3,494
| +3% | +$57.4K |
|
|
BETR
2559
DELISTED
Amplify Snack Brands, Inc.
BETR
| $2.49M | ﹤0.01% |
258,163
+29,544
| +13% | +$263K |
|
|
RSO
2560
DELISTED
Resource Capital Corp.
RSO
| $2.48M | ﹤0.01% |
244,253
+19,645
| +9% | +$189K |
|
|
CHMI
2561
Cherry Hill Mortgage Investment Corp
CHMI
$88.5M
| $2.48M | ﹤0.01% |
134,516
+67,351
| +100% | +$1.2M |
|
2562
PennyMac Financial
PFSI
$4.02B
| $2.48M | ﹤0.01% |
148,231
+6,271
| +4% | +$104K |
|
2563
Wave Life Sciences
WVE
$1.2B
| $2.47M | ﹤0.01% |
132,984
+56,506
| +74% | +$1.22M |
|
|
NVTA
2564
DELISTED
Invitae Corporation
NVTA
| $2.47M | ﹤0.01% |
258,192
+8,455
| +3% | +$83.5K |
|
2565
Vicor
VICR
$10.2B
| $2.46M | ﹤0.01% |
137,754
+12,407
| +10% | +$221K |
|
|
REV
2566
DELISTED
Revlon, Inc.
REV
| $2.46M | ﹤0.01% |
104,007
+2,185
| +2% | +$49.6K |
|
|
XTLY
2567
DELISTED
Xactly Corporation
XTLY
| $2.46M | ﹤0.01% |
157,386
+15,427
| +11% | +$206K |
|
|
AJXA
2568
DELISTED
Great Ajax Corp.7.25% Convertible Senior Notes due 2024
AJXA
| – | – |
0
| – | – |
|
|
HZN
2569
DELISTED
Horizon Global Corporation
HZN
| $2.46M | ﹤0.01% |
171,213
+10,137
| +6% | +$143K |
|
2570
Hurco Companies Inc
HURC
$143M
| $2.46M | ﹤0.01% |
70,655
-1,245
| -2% | -$37.8K |
|
|
EMKR
2571
DELISTED
Emcore Corp
EMKR
| $2.45M | ﹤0.01% |
23,021
+1,779
| +8% | +$178K |
|
2572
Citizens
CIA
$192M
| $2.45M | ﹤0.01% |
331,902
+7,912
| +2% | +$52.2K |
|
2573
First Mid Bancshares
FMBH
$1.36B
| $2.44M | ﹤0.01% |
71,127
+4,870
| +7% | +$165K |
|
2574
Digi International
DGII
$3.1B
| $2.43M | ﹤0.01% |
239,371
+26,666
| +13% | +$283K |
|
2575
Energous
WATT
$102M
| $2.43M | ﹤0.01% |
249
+33
| +15% | +$294K |
|
Similar funds
Geode Capital Management's Q2 2017 Portfolio in Review
As of Q2 2017, Geode Capital Management held 4,218 positions worth $254B, up 4.3% from $244B the previous quarter. Its ten largest holdings account for 16% of the portfolio.
Geode Capital Management's Q2 2017 filing shows 135 new, 2,755 increased, 887 reduced and 134 closed positions. Its largest new stake was DXC Technology: 3,214,073 shares worth $213M. The largest sale was Yahoo Inc, an estimated $403M.
By sector, the portfolio is most concentrated in Financials at 16% of assets, up from 16% a quarter earlier, followed by Technology and Healthcare.
- Geode Capital Management's largest Q2 2017 buy was DXC Technology: 3,214,073 shares worth $213M.
- Geode Capital Management added most to Altria Group in Q2 2017, an estimated $206M increase.
- Geode Capital Management's biggest Q2 2017 reduction was Home Depot, cutting an estimated $164M.
- Geode Capital Management fully exited Yahoo Inc in Q2 2017, selling an estimated $403M.
- Geode Capital Management's ten largest holdings make up 16% of its $254B portfolio in Q2 2017.
- Geode Capital Management opened 135 new positions and closed 134 in Q2 2017.
- Geode Capital Management's portfolio value rose 4.3% quarter-over-quarter to $254B.
Based on Geode Capital Management's 13F filing for Q2 2017, filed 14 Aug 2017.