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 | |
|---|---|---|---|---|---|---|---|
|
KANG
3351
DELISTED
iKang Healthcare Group, Inc.
KANG
| $425K | ﹤0.01% |
34,703
+8,479
| +32% | +$123K |
2015 Q2
8 quarters
|
|
|
KYO
3352
DELISTED
Kyocera Adr
KYO
| $424K | ﹤0.01% |
7,289
+2,630
| +56% | +$152K |
2017 Q1
1 quarter
|
|
3353
Aviat Networks
AVNW
$251M
| $423K | ﹤0.01% |
48,714
+688
| +1% | +$6.03K |
2013 Q2
16 quarters
|
|
|
WBB
3354
DELISTED
Westbury Bancorp, Inc.
WBB
| $423K | ﹤0.01% |
20,808
-947
| -4% | -$19.4K |
2013 Q2
16 quarters
|
|
3355
Aspen Aerogels
ASPN
$450M
| $422K | ﹤0.01% |
94,870
| – | – |
2015 Q1
9 quarters
|
|
|
INFI
3356
DELISTED
Infinity Pharmaceuticals, Inc.
INFI
| $421K | ﹤0.01% |
268,198
-77,168
| -22% | -$149K |
2013 Q2
16 quarters
|
|
3357
Kornit Digital
KRNT
$733M
| $419K | ﹤0.01% |
21,704
+5,015
| +30% | +$97.1K |
2015 Q3
7 quarters
|
|
3358
Lipocine
LPCN
$13.2M
| $419K | ﹤0.01% |
6,143
-875
| -12% | -$57.1K |
2014 Q3
11 quarters
|
|
3359
Larimar Therapeutics
LRMR
$204M
| $419K | ﹤0.01% |
9,950
-3,547
| -26% | -$181K |
2014 Q3
11 quarters
|
|
3360
DELISTED
Real Industry, Inc.
RELY
| $419K | ﹤0.01% |
144,750
-43,957
| -23% | -$120K |
2015 Q3
7 quarters
|
|
3361
Verastem
VSTM
$822M
| $418K | ﹤0.01% |
15,993
+264
| +2% | +$6.71K |
2013 Q2
16 quarters
|
|
|
CCR
3362
DELISTED
CONSOL Coal Resources LP
CCR
| $418K | ﹤0.01% |
+28,021
| New | +$446K |
2017 Q2
0 quarters
|
|
|
XRM
3363
DELISTED
Xerium Technologies Inc (new)
XRM
| $418K | ﹤0.01% |
58,265
| – | – |
2013 Q2
16 quarters
|
|
3364
Universal Technical Institute
UTI
$1.12B
| $417K | ﹤0.01% |
116,958
| – | – |
2013 Q2
16 quarters
|
|
3365
Opus Genetics
IRD
$327M
| $417K | ﹤0.01% |
3,043
+355
| +13% | +$69K |
2013 Q2
16 quarters
|
|
|
OMED
3366
DELISTED
OncoMed Pharmaceuticals, Inc.
OMED
| $414K | ﹤0.01% |
124,569
-40,319
| -24% | -$167K |
2013 Q3
15 quarters
|
|
3367
Canadian Imperial Bank of Commerce
CM
$103B
| $413K | ﹤0.01% |
10,186
+2,132
| +26% | +$86.1K |
2016 Q4
2 quarters
|
|
3368
DELISTED
Telefonica
TEF
| $410K | ﹤0.01% |
48,953
-1,321
| -3% | -$11.8K |
2013 Q4
14 quarters
|
|
|
TESS
3369
DELISTED
Tessco Technologies Inc
TESS
| $410K | ﹤0.01% |
30,851
-3,411
| -10% | -$48K |
2013 Q2
16 quarters
|
|
|
OAKS
3370
DELISTED
Five Oaks Investment Corp.
OAKS
| $408K | ﹤0.01% |
83,765
| – | – |
2013 Q2
16 quarters
|
|
|
HTM
3371
DELISTED
U.S. Geothermal Inc.
HTM
| $408K | ﹤0.01% |
89,021
| – | – |
2013 Q2
16 quarters
|
|
3372
Palvella Therapeutics
PVLA
$1.77B
| $404K | ﹤0.01% |
999
+671
| +205% | +$196K |
2015 Q3
7 quarters
|
|
3373
ASA Gold and Precious Metals
ASA
$989M
| $402K | ﹤0.01% |
34,449
+18,977
| +123% | +$228K |
2017 Q1
1 quarter
|
|
3374
DELISTED
Bank Of America Corporation Ws B
BAC.WS.B
| $402K | ﹤0.01% |
509,739
+95,560
| +23% | +$69.8K |
2017 Q1
1 quarter
|
|
3375
Richardson Electronics
RELL
$283M
| $401K | ﹤0.01% |
67,211
-1,410
| -2% | -$8.4K |
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.