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 | |
|---|---|---|---|---|---|---|---|
26
PepsiCo
PEP
$172B
| $1.73B | 0.68% |
14,990,292
+119,477
| +0.8% | +$13.7M |
2013 Q2
16 quarters
|
|
27
UnitedHealth
UNH
$340B
| $1.72B | 0.68% |
9,282,891
+286,494
| +3% | +$50.2M |
2013 Q2
16 quarters
|
|
28
Cisco
CSCO
$467B
| $1.69B | 0.66% |
54,091,715
+620,050
| +1% | +$20.2M |
2013 Q2
16 quarters
|
|
29
Walt Disney
DIS
$187B
| $1.65B | 0.65% |
15,562,641
+515,457
| +3% | +$56.4M |
2013 Q2
16 quarters
|
|
30
Coca-Cola
KO
$379B
| $1.63B | 0.64% |
36,312,019
+359,687
| +1% | +$15.9M |
2013 Q2
16 quarters
|
|
|
31
Altria Group
MO
$120B
| $1.55B | 0.61% |
20,895,038
+2,810,370
| +16% | +$206M |
2013 Q2
16 quarters
|
|
32
Oracle
ORCL
$429B
| $1.47B | 0.58% |
29,425,917
+286,296
| +1% | +$13M |
2013 Q2
16 quarters
|
|
33
IBM
IBM
$214B
| $1.43B | 0.56% |
9,730,459
+257,948
| +3% | +$38.9M |
2013 Q2
16 quarters
|
|
34
Amgen
AMGN
$224B
| $1.35B | 0.53% |
7,851,032
+381,578
| +5% | +$62.1M |
2013 Q2
16 quarters
|
|
35
3M
MMM
$82.5B
| $1.35B | 0.53% |
7,766,605
+227,804
| +3% | +$38.1M |
2013 Q2
16 quarters
|
|
36
Mastercard
MA
$516B
| $1.23B | 0.49% |
10,173,158
+150,007
| +1% | +$17.8M |
2013 Q2
16 quarters
|
|
37
Medtronic
MDT
$113B
| $1.19B | 0.47% |
13,457,138
+148,326
| +1% | +$12.5M |
2013 Q2
16 quarters
|
|
38
McDonald's
MCD
$166B
| $1.17B | 0.46% |
7,659,167
-640,396
| -8% | -$92.6M |
2013 Q2
16 quarters
|
|
39
Walmart Inc
WMT
$883B
| $1.15B | 0.45% |
45,546,222
-562,782
| -1% | -$14.3M |
2013 Q2
16 quarters
|
|
40
AbbVie
ABBV
$489B
| $1.09B | 0.43% |
15,024,518
+115,467
| +0.8% | +$7.76M |
2013 Q2
16 quarters
|
|
41
Gilead Sciences
GILD
$187B
| $1.07B | 0.42% |
15,093,203
+676,105
| +5% | +$45M |
2013 Q2
16 quarters
|
|
|
42
Boeing
BA
$150B
| $1.06B | 0.42% |
5,376,893
-683,886
| -11% | -$127M |
2013 Q2
16 quarters
|
|
43
Honeywell
HON
$65.8B
| $1.06B | 0.42% |
8,794,083
+312,171
| +4% | +$36.8M |
2013 Q2
16 quarters
|
|
|
CELG
44
DELISTED
Celgene Corp
CELG
| $1.01B | 0.4% |
7,827,446
+169,649
| +2% | +$20.8M |
2013 Q2
16 quarters
|
|
45
Booking.com
BKNG
$120B
| $1.01B | 0.4% |
13,518,450
+369,875
| +3% | +$27.1M |
2013 Q2
16 quarters
|
|
46
Bristol-Myers Squibb
BMY
$121B
| $972M | 0.38% |
17,467,223
+399,850
| +2% | +$21.8M |
2013 Q2
16 quarters
|
|
47
Starbucks
SBUX
$103B
| $952M | 0.37% |
16,348,220
+351,422
| +2% | +$21.2M |
2013 Q2
16 quarters
|
|
48
Union Pacific
UNP
$165B
| $938M | 0.37% |
8,627,149
+87,245
| +1% | +$9.51M |
2013 Q2
16 quarters
|
|
49
NVIDIA
NVDA
$5.54T
| $924M | 0.36% |
256,126,800
+16,275,240
| +7% | +$51.7M |
2013 Q2
16 quarters
|
|
50
Broadcom
AVGO
$1.73T
| $905M | 0.36% |
38,902,450
+711,610
| +2% | +$16.5M |
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.