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 | |
|---|---|---|---|---|---|---|
451
Alliant Energy
LNT
$18B
| $95.9M | 0.04% |
2,391,765
+38,130
| +2% | +$1.54M |
|
452
Acuity Brands
AYI
$10.7B
| $95.8M | 0.04% |
471,792
+17,394
| +4% | +$3.07M |
|
453
Cadence Design Systems
CDNS
$93.3B
| $95.3M | 0.04% |
2,846,116
+383,489
| +16% | +$12.8M |
|
454
Fidelity National Financial
FNF
$14.1B
| $95M | 0.04% |
3,055,333
+92,635
| +3% | +$2.67M |
|
455
Capri Holdings
CPRI
$1.73B
| $94.9M | 0.04% |
2,621,024
+367,960
| +16% | +$13.4M |
|
456
FMC
FMC
$1.32B
| $94.8M | 0.04% |
1,498,575
+37,648
| +3% | +$2.42M |
|
|
SCG
457
DELISTED
Scana
SCG
| $94.1M | 0.04% |
1,406,751
+3,546
| +0.3% | +$238K |
|
458
Corpay
CPAY
$26B
| $93.8M | 0.04% |
650,592
+13,733
| +2% | +$1.96M |
|
459
Affiliated Managers Group
AMG
$9.89B
| $93.3M | 0.04% |
563,268
+25,080
| +5% | +$4M |
|
|
TSS
460
DELISTED
Total System Services, Inc.
TSS
| $93.2M | 0.04% |
1,602,442
+47,962
| +3% | +$2.74M |
|
461
BorgWarner
BWA
$13.5B
| $93.1M | 0.04% |
2,501,843
+50,838
| +2% | +$1.84M |
|
462
Huntington Ingalls Industries
HII
$12.7B
| $92.7M | 0.04% |
498,284
+20,346
| +4% | +$3.98M |
|
463
UGI
UGI
$7.38B
| $92.7M | 0.04% |
1,915,685
+50,773
| +3% | +$2.52M |
|
464
Advance Auto Parts
AAP
$3.49B
| $92.6M | 0.04% |
795,642
+41,192
| +5% | +$5.66M |
|
465
Kimco Realty
KIM
$16.4B
| $92.2M | 0.04% |
5,029,834
+226,752
| +5% | +$4.45M |
|
466
Xerox
XRX
$427M
| $92.1M | 0.04% |
3,208,513
+50,379
| +2% | +$1.42M |
|
467
Cboe Global Markets
CBOE
$30.1B
| $91.4M | 0.04% |
1,001,013
+47,199
| +5% | +$4.03M |
|
468
Harley-Davidson
HOG
$2.71B
| $91.2M | 0.04% |
1,690,626
+29,239
| +2% | +$1.63M |
|
469
Akamai
AKAM
$17.3B
| $90.9M | 0.04% |
1,827,789
+94,435
| +5% | +$4.98M |
|
470
Western Union
WU
$2.24B
| $90.9M | 0.04% |
4,776,928
-510,034
| -10% | -$9.87M |
|
471
United Therapeutics
UTHR
$22.5B
| $90.8M | 0.04% |
699,915
+40,209
| +6% | +$5.02M |
|
472
Macy's
M
$6.64B
| $90.4M | 0.04% |
3,896,600
+619,772
| +19% | +$15.9M |
|
473
JB Hunt Transport Services
JBHT
$25.1B
| $89.9M | 0.04% |
985,047
+12,336
| +1% | +$1.09M |
|
474
Kohl's
KSS
$2.11B
| $89.6M | 0.04% |
2,320,739
+373,575
| +19% | +$14.3M |
|
|
SEE
475
DELISTED
Sealed Air
SEE
| $89.6M | 0.04% |
2,004,707
+101,075
| +5% | +$4.46M |
|
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.