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 | |
|---|---|---|---|---|---|---|---|
3201
Farmers & Merchants Bancorp
FMAO
$486M
| $674K | ﹤0.01% |
+21,762
| New | +$594K |
2017 Q2
0 quarters
|
|
|
BCRH
3202
DELISTED
BLUE CAPITAL REINSURANCE HOLDINGS LTD.
BCRH
| $673K | ﹤0.01% |
36,814
+4,457
| +14% | +$83.6K |
2014 Q1
13 quarters
|
|
3203
Transcontinental Realty Investors
TCI
$425M
| $672K | ﹤0.01% |
25,020
+2,813
| +13% | +$61.6K |
2013 Q2
16 quarters
|
|
|
EVY
3204
DELISTED
Eaton Vance New York Municipal Income Trust
EVY
| $669K | ﹤0.01% |
51,378
+12,898
| +34% | +$168K |
2017 Q1
1 quarter
|
|
|
MITL
3205
DELISTED
Mitel Networks Corporation
MITL
| $669K | ﹤0.01% |
91,031
+21,091
| +30% | +$147K |
2013 Q4
14 quarters
|
|
3206
DBV Technologies S.A. American Depositary Shares
DBVT
$569M
| $663K | ﹤0.01% |
1,859
+328
| +21% | +$112K |
2015 Q4
6 quarters
|
|
|
AKP
3207
DELISTED
Alliance Californa Muni Fd
AKP
| $658K | ﹤0.01% |
+48,063
| New | +$655K |
2017 Q2
0 quarters
|
|
|
UCP
3208
DELISTED
UCP, Inc.
UCP
| $658K | ﹤0.01% |
60,093
+11,150
| +23% | +$123K |
2013 Q3
15 quarters
|
|
3209
First Bank
FRBA
$441M
| $655K | ﹤0.01% |
+56,234
| New | +$689K |
2017 Q2
0 quarters
|
|
|
ESTE
3210
DELISTED
Earthstone Energy Inc. Class A Common Stock
ESTE
| $650K | ﹤0.01% |
64,998
+11,687
| +22% | +$145K |
2016 Q2
4 quarters
|
|
3211
ICICI Bank
IBN
$108B
| $648K | ﹤0.01% |
72,267
-3,378
| -4% | -$28.6K |
2015 Q3
7 quarters
|
|
3212
RELX
RELX
$67.8B
| $644K | ﹤0.01% |
29,437
| – | – |
2013 Q4
14 quarters
|
|
|
DWCH
3213
DELISTED
Datawatch Corp
DWCH
| $643K | ﹤0.01% |
69,222
-1,501
| -2% | -$12.3K |
2013 Q3
15 quarters
|
|
|
AGRX
3214
DELISTED
Agile Therapeutics
AGRX
| $642K | ﹤0.01% |
86
-15
| -15% | -$104K |
2014 Q3
11 quarters
|
|
|
DMK
3215
DELISTED
DMK Pharmaceuticals Corporation Common Stock
DMK
| $640K | ﹤0.01% |
1,759
+538
| +44% | +$161K |
2014 Q1
13 quarters
|
|
|
CSTR
3216
DELISTED
CapStar Financial Holdings, Inc
CSTR
| $639K | ﹤0.01% |
36,071
+13,755
| +62% | +$250K |
2016 Q4
2 quarters
|
|
3217
Canadian National Railway
CNI
$73.6B
| $636K | ﹤0.01% |
7,858
+496
| +7% | +$37.8K |
2016 Q4
2 quarters
|
|
3218
Niagen Bioscience
NAGE
$197M
| $636K | ﹤0.01% |
166,699
-27,605
| -14% | -$87.4K |
2016 Q2
4 quarters
|
|
|
EGAS
3219
DELISTED
Gas Natural Inc.
EGAS
| $630K | ﹤0.01% |
48,909
| – | – |
2013 Q2
16 quarters
|
|
|
JMBA
3220
DELISTED
Jamba, Inc.
JMBA
| $630K | ﹤0.01% |
80,880
-37,413
| -32% | -$293K |
2013 Q2
16 quarters
|
|
3221
BHP
BHP
$212B
| $629K | ﹤0.01% |
19,844
-4,098
| -17% | -$130K |
2016 Q4
2 quarters
|
|
|
IPAS
3222
DELISTED
Ipass Inc Common Stock
IPAS
| $626K | ﹤0.01% |
47,436
-1,308
| -3% | -$17.2K |
2013 Q2
16 quarters
|
|
3223
Ohio Valley Banc Corp
OVBC
$217M
| $624K | ﹤0.01% |
17,321
+6,320
| +57% | +$202K |
2013 Q2
16 quarters
|
|
|
PCTI
3224
DELISTED
PCTEL, Inc. Common Stock
PCTI
| $618K | ﹤0.01% |
87,366
-3,262
| -4% | -$22.9K |
2013 Q2
16 quarters
|
|
3225
Vuzix
VUZI
$180M
| $617K | ﹤0.01% |
94,298
+1,326
| +1% | +$7.86K |
2015 Q2
8 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.