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 | |
|---|---|---|---|---|---|---|---|
|
APEX
3276
DELISTED
Apex Global Brands Inc. Common Stock
APEX
| $533K | ﹤0.01% |
2,558
-39
| -2% | -$9.58K |
2013 Q2
16 quarters
|
|
|
COVS
3277
DELISTED
Covisint Corporation
COVS
| $530K | ﹤0.01% |
216,449
-7,449
| -3% | -$15.6K |
2013 Q4
14 quarters
|
|
3278
MannKind Corp
MNKD
$981M
| $528K | ﹤0.01% |
375,072
-104,081
| -22% | -$134K |
2013 Q2
16 quarters
|
|
|
SRUN
3279
DELISTED
Silver Run Acquisition Corporation II Class A
SRUN
| $527K | ﹤0.01% |
+51,475
| New | +$514K |
2017 Q2
0 quarters
|
|
3280
DELISTED
Akoustis Technologies Inc
AKTS
| $526K | ﹤0.01% |
+60,281
| New | +$597K |
2017 Q2
0 quarters
|
|
3281
DELISTED
Eagle Bulk Shipping Inc.
EGLE
| $526K | ﹤0.01% |
15,891
+10,811
| +213% | +$368K |
2014 Q4
10 quarters
|
|
|
NDRM
3282
DELISTED
NeuroDerm Ltd. Ordinary Shares
NDRM
| $526K | ﹤0.01% |
17,593
+3,247
| +23% | +$84.1K |
2016 Q4
2 quarters
|
|
3283
Madrigal Pharmaceuticals
MDGL
$10.4B
| $524K | ﹤0.01% |
32,240
+6,419
| +25% | +$100K |
2013 Q2
16 quarters
|
|
|
IVTY
3284
DELISTED
Invuity, Inc
IVTY
| $522K | ﹤0.01% |
72,121
+466
| +0.7% | +$3.62K |
2015 Q4
6 quarters
|
|
|
TUES
3285
DELISTED
Tuesday Morning Corp
TUES
| $516K | ﹤0.01% |
272,023
-77,681
| -22% | -$190K |
2013 Q2
16 quarters
|
|
3286
Lakeland Industries
LAKE
$91.8M
| $513K | ﹤0.01% |
35,442
| – | – |
2013 Q2
16 quarters
|
|
|
QTNT
3287
DELISTED
Quotient Limited Ordinary Shares
QTNT
| $511K | ﹤0.01% |
1,736
+1,334
| +332% | +$376K |
2016 Q1
5 quarters
|
|
3288
United Bancorp
UBCP
$76.9M
| $510K | ﹤0.01% |
41,665
| – | – |
2015 Q3
7 quarters
|
|
|
AUO
3289
DELISTED
AU Optronics Corp
AUO
| $508K | ﹤0.01% |
111,655
-4,449
| -4% | -$17.9K |
2016 Q4
2 quarters
|
|
|
WBK
3290
DELISTED
Westpac Banking Corporation
WBK
| $506K | ﹤0.01% |
21,627
-4,179
| -16% | -$101K |
2013 Q3
15 quarters
|
|
3291
Consumer Portfolio Services
CPSS
$201M
| $505K | ﹤0.01% |
111,189
-5,748
| -5% | -$26K |
2013 Q2
16 quarters
|
|
3292
Restaurant Brands International
QSR
$26.1B
| $504K | ﹤0.01% |
8,060
| – | – |
2014 Q4
10 quarters
|
|
|
EVJ
3293
DELISTED
Eaton Vance New Jersey Municipal Income Trust
EVJ
| $504K | ﹤0.01% |
41,455
-4,823
| -10% | -$58.9K |
2016 Q4
2 quarters
|
|
3294
Smith & Nephew
SNN
$12.2B
| $502K | ﹤0.01% |
14,431
+2,001
| +16% | +$67.7K |
2013 Q4
14 quarters
|
|
3295
DELISTED
Atlantic Power Corporation
AT
| $501K | ﹤0.01% |
211,744
+21,901
| +12% | +$54.5K |
2013 Q2
16 quarters
|
|
3296
Airgain
AIRG
$53.7M
| $499K | ﹤0.01% |
35,237
-1,257
| -3% | -$18K |
2017 Q1
1 quarter
|
|
3297
Sumitomo Mitsui Financial Group, Inc American Depositary Shares (each representing 1.2 shares of Common Stock)
SMFG
$155B
| $499K | ﹤0.01% |
63,547
+29,716
| +88% | +$221K |
2013 Q4
14 quarters
|
|
3298
Valhi
VHI
$412M
| $497K | ﹤0.01% |
13,943
+1,698
| +14% | +$67.5K |
2013 Q2
16 quarters
|
|
3299
ING
ING
$95B
| $490K | ﹤0.01% |
28,215
+1,389
| +5% | +$22.8K |
2013 Q4
14 quarters
|
|
3300
Napco Security Technologies
NSSC
$1.27B
| $490K | ﹤0.01% |
104,334
+32,456
| +45% | +$159K |
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.