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 | Financials | 15.9% |
| 2 | Technology | 15.77% |
| 3 | Healthcare | 13.92% |
| 4 | Industrials | 10.5% |
| 5 | Consumer Discretionary | 9.55% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
351
Tapestry
TPR
$32.9B
| $133M | 0.05% |
2,819,496
+59,215
| +2% | +$2.6M |
|
352
Ameren
AEE
$30B
| $133M | 0.05% |
2,433,362
+64,680
| +3% | +$3.59M |
|
353
Liberty Global Class C
LBTYK
$3.57B
| $133M | 0.05% |
4,257,055
+141,748
| +3% | +$4.42M |
|
|
NLSN
354
DELISTED
Nielsen Holdings plc
NLSN
| $133M | 0.05% |
3,435,844
+210,592
| +7% | +$8.36M |
|
|
CMA
355
DELISTED
Comerica
CMA
| $132M | 0.05% |
1,810,227
+76,334
| +4% | +$5.36M |
|
|
LLL
356
DELISTED
L3 Technologies, Inc.
LLL
| $132M | 0.05% |
791,919
+4,792
| +0.6% | +$800K |
|
357
Cintas
CTAS
$79.9B
| $132M | 0.05% |
4,184,320
+178,668
| +4% | +$5.56M |
|
358
L3Harris
LHX
$54B
| $131M | 0.05% |
1,206,766
-19,008
| -2% | -$2.09M |
|
359
Global Payments
GPN
$23.7B
| $131M | 0.05% |
1,457,212
+28,372
| +2% | +$2.45M |
|
360
Loews
L
$23.6B
| $130M | 0.05% |
2,773,657
+50,849
| +2% | +$2.38M |
|
361
CenterPoint Energy
CNP
$26.8B
| $129M | 0.05% |
4,725,663
+246,735
| +6% | +$6.92M |
|
362
Synopsys
SNPS
$77.8B
| $129M | 0.05% |
1,772,875
-78,098
| -4% | -$5.75M |
|
363
Bath & Body Works
BBWI
$4.2B
| $129M | 0.05% |
2,967,981
+51,042
| +2% | +$2.09M |
|
364
Everest Group
EG
$14.2B
| $129M | 0.05% |
506,481
+129,192
| +34% | +$31.9M |
|
365
Align Technology
ALGN
$12.3B
| $129M | 0.05% |
858,737
+196,487
| +30% | +$26.6M |
|
366
CMS Energy
CMS
$22.4B
| $128M | 0.05% |
2,781,665
+32,008
| +1% | +$1.48M |
|
367
ServiceNow
NOW
$118B
| $128M | 0.05% |
6,025,510
+379,290
| +7% | +$7.44M |
|
368
NetApp
NTAP
$36.7B
| $127M | 0.05% |
3,188,077
+145,717
| +5% | +$5.81M |
|
369
BioMarin Pharmaceuticals
BMRN
$11.5B
| $127M | 0.05% |
1,402,840
+79,799
| +6% | +$7.26M |
|
370
Cooper Companies
COO
$14.4B
| $127M | 0.05% |
2,129,232
+113,820
| +6% | +$6.18M |
|
|
VIAB
371
DELISTED
Viacom Inc. Class B
VIAB
| $127M | 0.05% |
3,791,801
+273,065
| +8% | +$10.4M |
|
372
Seagate
STX
$193B
| $127M | 0.05% |
3,271,358
+65,265
| +2% | +$2.85M |
|
373
Textron
TXT
$15.3B
| $126M | 0.05% |
2,683,896
-40,061
| -1% | -$1.88M |
|
374
SBA Communications
SBAC
$19.1B
| $126M | 0.05% |
931,899
-3,100
| -0.3% | -$403K |
|
375
SL Green Realty
SLG
$3.88B
| $125M | 0.05% |
1,226,719
+43,092
| +4% | +$4.39M |
|
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 135 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 Financials at 16% of assets, up from 16% a quarter earlier, followed by Technology 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 135 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.