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 | Technology | 16.07% |
| 2 | Financials | 16.07% |
| 3 | Healthcare | 14.35% |
| 4 | Industrials | 10.62% |
| 5 | Consumer Discretionary | 9.66% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
276
Keurig Dr Pepper
KDP
$43.2B
| $184M | 0.07% |
2,026,268
+7,353
| +0.4% | +$688K |
2013 Q2
16 quarters
|
|
|
COL
277
DELISTED
Rockwell Collins
COL
| $184M | 0.07% |
1,757,001
+400,173
| +29% | +$41.4M |
2013 Q2
16 quarters
|
|
278
Royal Caribbean
RCL
$75.5B
| $183M | 0.07% |
1,680,153
+29,563
| +2% | +$3.14M |
2013 Q2
16 quarters
|
|
279
APA Corp
APA
$16.1B
| $182M | 0.07% |
3,800,311
+384,979
| +11% | +$19M |
2013 Q2
16 quarters
|
|
280
Microchip Technology
MCHP
$41B
| $181M | 0.07% |
4,700,244
+398,944
| +9% | +$15.7M |
2013 Q2
16 quarters
|
|
281
Newmont
NEM
$124B
| $181M | 0.07% |
5,599,291
+150,697
| +3% | +$5.08M |
2013 Q2
16 quarters
|
|
|
CXO
282
DELISTED
CONCHO RESOURCES INC.
CXO
| $180M | 0.07% |
1,481,331
+18,469
| +1% | +$2.33M |
2013 Q2
16 quarters
|
|
283
Gen Digital
GEN
$13.9B
| $179M | 0.07% |
6,360,051
-86,579
| -1% | -$2.62M |
2013 Q2
16 quarters
|
|
284
Host Hotels & Resorts
HST
$15.5B
| $178M | 0.07% |
9,751,087
+198,824
| +2% | +$3.65M |
2013 Q2
16 quarters
|
|
285
Healthpeak Properties
DOC
$13B
| $176M | 0.07% |
5,525,761
+170,519
| +3% | +$5.4M |
2013 Q2
16 quarters
|
|
|
LVLT
286
DELISTED
Level 3 Communications Inc
LVLT
| $176M | 0.07% |
2,966,157
+39,402
| +1% | +$2.37M |
2013 Q2
16 quarters
|
|
287
KLA
KLAC
$255B
| $176M | 0.07% |
19,209,950
+4,490
| +0% | +$44.8K |
2013 Q2
16 quarters
|
|
288
Principal Financial Group
PFG
$23B
| $175M | 0.07% |
2,729,172
+25,039
| +0.9% | +$1.59M |
2013 Q2
16 quarters
|
|
289
DELISTED
Kellanova
K
| $172M | 0.07% |
2,637,236
+57,414
| +2% | +$3.86M |
2013 Q2
16 quarters
|
|
290
Clorox
CLX
$10.1B
| $171M | 0.07% |
1,285,252
+37,312
| +3% | +$5.03M |
2013 Q2
16 quarters
|
|
|
RHT
291
DELISTED
Red Hat Inc
RHT
| $171M | 0.07% |
1,784,177
+103,111
| +6% | +$9.2M |
2013 Q2
16 quarters
|
|
292
Centene
CNC
$32.3B
| $170M | 0.07% |
4,264,328
+572,536
| +16% | +$21.6M |
2013 Q2
16 quarters
|
|
293
Dollar Tree
DLTR
$22.3B
| $168M | 0.07% |
2,407,081
+50,681
| +2% | +$3.91M |
2013 Q2
16 quarters
|
|
294
Mettler-Toledo International
MTD
$31.1B
| $167M | 0.07% |
283,580
+3,704
| +1% | +$2.03M |
2013 Q2
16 quarters
|
|
295
J.M. Smucker
SJM
$12.8B
| $167M | 0.07% |
1,409,405
+53,874
| +4% | +$6.81M |
2013 Q2
16 quarters
|
|
296
Henry Schein
HSIC
$9.36B
| $164M | 0.06% |
2,293,251
+63,248
| +3% | +$4.41M |
2013 Q2
16 quarters
|
|
297
Quest Diagnostics
DGX
$25.5B
| $163M | 0.06% |
1,470,416
+23,115
| +2% | +$2.44M |
2013 Q2
16 quarters
|
|
298
Huntington Bancshares
HBAN
$31B
| $162M | 0.06% |
12,001,099
+249,711
| +2% | +$3.23M |
2013 Q2
16 quarters
|
|
299
Labcorp
LH
$25.3B
| $161M | 0.06% |
1,220,773
+39,610
| +3% | +$4.85M |
2013 Q2
16 quarters
|
|
300
Molson Coors Class B
TAP
$6.94B
| $160M | 0.06% |
1,859,964
+60,297
| +3% | +$5.59M |
2013 Q2
16 quarters
|
|
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 134 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 Technology at 16% of assets, up from 16% a quarter earlier, followed by Financials 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 134 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.