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 | |
|---|---|---|---|---|---|---|---|
551
DELISTED
Stericycle Inc
SRCL
| $68.3M | 0.03% |
895,849
+45,758
| +5% | +$3.76M |
2013 Q2
16 quarters
|
|
552
Fluor
FLR
$6.47B
| $67.3M | 0.03% |
1,473,213
+98,412
| +7% | +$4.71M |
2013 Q2
16 quarters
|
|
553
Reinsurance Group of America
RGA
$17B
| $67M | 0.03% |
522,115
+26,738
| +5% | +$3.38M |
2013 Q2
16 quarters
|
|
|
PBCT
554
DELISTED
People's United Financial Inc
PBCT
| $67M | 0.03% |
3,800,218
+101,591
| +3% | +$1.77M |
2013 Q2
16 quarters
|
|
555
Garmin
GRMN
$53.7B
| $66.5M | 0.03% |
1,305,560
+40,154
| +3% | +$2.06M |
2013 Q2
16 quarters
|
|
|
DISCK
556
DELISTED
Discovery, Inc. Series C Common Stock
DISCK
| $65.8M | 0.03% |
2,613,934
-8,953
| -0.3% | -$236K |
2013 Q2
16 quarters
|
|
|
SBNY
557
DELISTED
Signature Bank
SBNY
| $64.9M | 0.03% |
452,675
+15,905
| +4% | +$2.26M |
2013 Q2
16 quarters
|
|
558
DELISTED
Splunk Inc
SPLK
| $64.6M | 0.03% |
1,136,246
+72,383
| +7% | +$4.5M |
2013 Q2
16 quarters
|
|
559
Middleby
MIDD
$4.78B
| $64.6M | 0.03% |
531,610
+77,102
| +17% | +$10.2M |
2013 Q2
16 quarters
|
|
560
Navient
NAVI
$864M
| $63.7M | 0.03% |
3,834,107
+62,102
| +2% | +$937K |
2014 Q2
12 quarters
|
|
|
LPT
561
DELISTED
Liberty Property Trust
LPT
| $63.7M | 0.03% |
1,565,902
+39,186
| +3% | +$1.61M |
2013 Q2
16 quarters
|
|
562
Flowserve
FLS
$8.91B
| $63.5M | 0.03% |
1,370,881
+59,164
| +5% | +$2.85M |
2013 Q2
16 quarters
|
|
563
Gaming and Leisure Properties
GLPI
$11B
| $63.3M | 0.02% |
1,680,699
+115,246
| +7% | +$4.13M |
2013 Q4
14 quarters
|
|
564
Toro Company
TTC
$9.25B
| $63.3M | 0.02% |
912,920
+15,625
| +2% | +$1.04M |
2013 Q2
16 quarters
|
|
565
Wabtec
WAB
$48B
| $62.8M | 0.02% |
686,812
-50,036
| -7% | -$4.17M |
2013 Q2
16 quarters
|
|
566
Crown Holdings
CCK
$11.9B
| $62.8M | 0.02% |
1,052,250
+42,350
| +4% | +$2.39M |
2013 Q2
16 quarters
|
|
567
Helmerich & Payne
HP
$3.91B
| $62.6M | 0.02% |
1,153,486
+100,079
| +10% | +$5.87M |
2013 Q2
16 quarters
|
|
568
DELISTED
Westar Energy Inc
WR
| $62.4M | 0.02% |
1,177,981
+60,696
| +5% | +$3.21M |
2013 Q2
16 quarters
|
|
569
DELISTED
DigitalBridge
DBRG
| $62.4M | 0.02% |
1,107,141
+58,934
| +6% | +$3.2M |
2014 Q3
11 quarters
|
|
570
Jazz Pharmaceuticals
JAZZ
$13.9B
| $62.2M | 0.02% |
400,430
+7,167
| +2% | +$1.1M |
2013 Q2
16 quarters
|
|
571
Allison Transmission
ALSN
$9.11B
| $62.1M | 0.02% |
1,655,790
+73,430
| +5% | +$2.74M |
2013 Q2
16 quarters
|
|
572
DELISTED
VCA Inc.
WOOF
| $62M | 0.02% |
672,388
+30,538
| +5% | +$2.81M |
2013 Q2
16 quarters
|
|
573
Brixmor Property Group
BRX
$8.29B
| $61.9M | 0.02% |
3,462,541
+757,145
| +28% | +$14.7M |
2013 Q4
14 quarters
|
|
574
Gentex
GNTX
$4.35B
| $61.9M | 0.02% |
3,262,479
+98,883
| +3% | +$1.93M |
2013 Q2
16 quarters
|
|
575
Take-Two Interactive
TTWO
$37.8B
| $61.8M | 0.02% |
841,615
+32,812
| +4% | +$2.25M |
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.