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 | |
|---|---|---|---|---|---|---|
426
Perrigo
PRGO
$1.74B
| $106M | 0.04% |
1,402,840
-2,037
| -0.1% | -$146K |
|
|
QVCGA
427
DELISTED
QVC Group Inc Series A
QVCGA
| $105M | 0.04% |
88,492
-1,304
| -1% | -$1.44M |
|
428
Arthur J. Gallagher & Co
AJG
$64.4B
| $105M | 0.04% |
1,843,000
+74,119
| +4% | +$4.19M |
|
429
Baidu
BIDU
$37.1B
| $105M | 0.04% |
587,842
+58,080
| +11% | +$10.5M |
|
430
Bunge Global
BG
$20.9B
| $104M | 0.04% |
1,388,800
+26,328
| +2% | +$2M |
|
431
Xylem
XYL
$28.1B
| $103M | 0.04% |
1,863,651
+55,059
| +3% | +$2.87M |
|
432
Hormel Foods
HRL
$13.8B
| $103M | 0.04% |
3,027,382
+152,859
| +5% | +$5.27M |
|
433
Arch Capital
ACGL
$33.8B
| $103M | 0.04% |
3,306,684
+157,566
| +5% | +$5M |
|
434
Raymond James Financial
RJF
$34.4B
| $103M | 0.04% |
1,924,428
-37,275
| -2% | -$1.88M |
|
|
MRO
435
DELISTED
Marathon Oil Corporation
MRO
| $102M | 0.04% |
8,594,748
+235,389
| +3% | +$3.29M |
|
436
Travel + Leisure Co
TNL
$4.75B
| $102M | 0.04% |
2,245,532
+11,565
| +0.5% | +$502K |
|
437
DaVita
DVA
$11.5B
| $101M | 0.04% |
1,569,188
+58,964
| +4% | +$3.9M |
|
438
Fortune Brands Innovations
FBIN
$6B
| $101M | 0.04% |
1,817,078
+57,960
| +3% | +$3.14M |
|
|
TIF
439
DELISTED
Tiffany & Co.
TIF
| $101M | 0.04% |
1,076,986
+15,776
| +1% | +$1.45M |
|
440
EQT Corp
EQT
$32.2B
| $101M | 0.04% |
3,159,363
+34,611
| +1% | +$1.1M |
|
|
AMTD
441
DELISTED
TD Ameritrade Holding Corp
AMTD
| $100M | 0.04% |
2,336,879
+129,270
| +6% | +$5.02M |
|
442
Steel Dynamics
STLD
$37.5B
| $100M | 0.04% |
2,802,544
+74,607
| +3% | +$2.58M |
|
443
Brown-Forman Class B
BF.B
$12.9B
| $100M | 0.04% |
3,221,177
+91,072
| +3% | +$2.86M |
|
444
Goodyear
GT
$1.94B
| $99.1M | 0.04% |
2,839,326
+103,162
| +4% | +$3.55M |
|
445
Pinnacle West Capital
PNW
$12.2B
| $99.1M | 0.04% |
1,165,436
+22,174
| +2% | +$1.91M |
|
446
Zions Bancorporation
ZION
$10.3B
| $98.6M | 0.04% |
2,249,265
+90,944
| +4% | +$3.74M |
|
447
Howmet Aerospace
HWM
$116B
| $97.9M | 0.04% |
5,644,033
+6,389
| +0.1% | +$130K |
|
448
PVH
PVH
$4.02B
| $97.2M | 0.04% |
849,794
-16,641
| -2% | -$1.73M |
|
449
ResMed
RMD
$32.3B
| $96.6M | 0.04% |
1,241,649
+64,839
| +6% | +$4.64M |
|
|
DRE
450
DELISTED
Duke Realty Corp.
DRE
| $96M | 0.04% |
3,435,009
+123,644
| +4% | +$3.47M |
|
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.