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 | |
|---|---|---|---|---|---|---|
|
K
276
DELISTED
Kellanova
K
| $176M | 0.07% |
2,579,822
+179,187
| +7% | +$12.4M |
|
277
APA Corp
APA
$13B
| $175M | 0.07% |
3,415,332
+267,662
| +9% | +$15M |
|
278
Autodesk
ADSK
$51.8B
| $173M | 0.07% |
2,007,679
+189,893
| +10% | +$15.9M |
|
279
Agilent Technologies
A
$39.6B
| $173M | 0.07% |
3,281,284
+272,698
| +9% | +$13.8M |
|
280
Freeport-McMoran
FCX
$86.2B
| $173M | 0.07% |
12,966,422
+1,664,093
| +15% | +$23.9M |
|
281
Molson Coors Class B
TAP
$8.02B
| $172M | 0.07% |
1,799,667
+154,157
| +9% | +$15.1M |
|
282
Essex Property Trust
ESS
$19.1B
| $172M | 0.07% |
743,525
+52,845
| +8% | +$12.1M |
|
283
Conagra Brands
CAG
$7.42B
| $172M | 0.07% |
4,266,630
+467,789
| +12% | +$18.7M |
|
284
Best Buy
BBY
$19B
| $172M | 0.07% |
3,494,964
+292,667
| +9% | +$13.1M |
|
285
Principal Financial Group
PFG
$24.3B
| $170M | 0.07% |
2,704,133
+240,899
| +10% | +$14.7M |
|
286
Equifax
EFX
$22B
| $168M | 0.07% |
1,232,506
+99,576
| +9% | +$12.7M |
|
287
Clorox
CLX
$12B
| $168M | 0.07% |
1,247,940
+51,563
| +4% | +$6.68M |
|
288
Healthpeak Properties
DOC
$15.5B
| $167M | 0.07% |
5,355,242
+432,195
| +9% | +$13.3M |
|
|
LVLT
289
DELISTED
Level 3 Communications Inc
LVLT
| $167M | 0.07% |
2,926,755
+228,705
| +8% | +$13.2M |
|
|
XLNX
290
DELISTED
Xilinx Inc
XLNX
| $166M | 0.07% |
2,879,210
+265,999
| +10% | +$15.6M |
|
291
FirstEnergy
FE
$28.4B
| $166M | 0.07% |
5,209,630
+642,687
| +14% | +$19.8M |
|
292
Fastenal
FAST
$54.8B
| $164M | 0.07% |
12,774,752
+1,159,740
| +10% | +$14.5M |
|
|
VIAB
293
DELISTED
Viacom Inc. Class B
VIAB
| $164M | 0.07% |
3,518,736
+306,346
| +10% | +$12.9M |
|
294
Alibaba
BABA
$276B
| $162M | 0.07% |
1,511,206
+126,908
| +9% | +$12.9M |
|
295
Royal Caribbean
RCL
$86.8B
| $162M | 0.07% |
1,650,590
+139,623
| +9% | +$13.1M |
|
296
Realty Income
O
$61.1B
| $161M | 0.07% |
2,796,329
+309,658
| +12% | +$17.9M |
|
297
Hershey
HSY
$37.3B
| $161M | 0.07% |
1,476,041
+109,065
| +8% | +$11.7M |
|
|
MJN
298
DELISTED
Mead Johnson Nutrition Company
MJN
| $160M | 0.07% |
1,800,929
+154,638
| +9% | +$12.7M |
|
299
T-Mobile US
TMUS
$195B
| $159M | 0.07% |
2,461,969
+296,570
| +14% | +$18.2M |
|
|
TFCF
300
DELISTED
Twenty-First Century Fox, Inc. Class B
TFCF
| $159M | 0.07% |
4,998,389
+434,491
| +10% | +$13.1M |
|
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 $17B of net new capital in Q1 2017, opening 139 new positions and adding to 3,366 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.