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 | |
|---|---|---|---|---|---|---|
601
W.R. Berkley
WRB
$26.8B
| $57.6M | 0.02% |
2,812,131
+213,958
| +8% | +$4.33M |
|
602
iShares Core S&P 500 ETF
IVV
$897B
| – | – |
0
| – | – |
|
603
W.P. Carey
WPC
$16.4B
| $57.3M | 0.02% |
887,047
+17,300
| +2% | +$1.09M |
|
604
DexCom
DXCM
$31.3B
| $56.9M | 0.02% |
3,112,884
+238,872
| +8% | +$4.41M |
|
605
Lamar Advertising Co
LAMR
$16.2B
| $56.6M | 0.02% |
769,737
+57,281
| +8% | +$4.11M |
|
606
Voya Financial
VOYA
$9.2B
| $56.5M | 0.02% |
1,532,028
+145,632
| +11% | +$5.3M |
|
|
CIT
607
DELISTED
CIT Group Inc.
CIT
| $56.5M | 0.02% |
1,159,854
-304,378
| -21% | -$14M |
|
608
Sensata Technologies
ST
$6.74B
| $56.4M | 0.02% |
1,321,345
+302,420
| +30% | +$12.4M |
|
609
NRG Energy
NRG
$25.1B
| $56.2M | 0.02% |
3,269,742
-521,114
| -14% | -$8.74M |
|
610
Steris
STE
$22.6B
| $56M | 0.02% |
686,843
+166,753
| +32% | +$12.7M |
|
611
Assured Guaranty
AGO
$3.66B
| $56M | 0.02% |
1,341,089
+16,780
| +1% | +$661K |
|
612
News Corp Class A
NWSA
$16.1B
| $55.9M | 0.02% |
4,090,094
+67,292
| +2% | +$880K |
|
613
OGE Energy
OGE
$9.67B
| $55.9M | 0.02% |
1,607,959
+64,881
| +4% | +$2.27M |
|
614
Arrow Electronics
ARW
$11.4B
| $55.4M | 0.02% |
707,253
-29,348
| -4% | -$2.19M |
|
|
MNK
615
DELISTED
MALLINCKRODT PUBLIC LIMITED COMPANY
MNK
| $55.4M | 0.02% |
1,237,993
+54,888
| +5% | +$2.41M |
|
|
BERY
616
DELISTED
Berry Global Group, Inc.
BERY
| $55.2M | 0.02% |
1,055,107
+24,126
| +2% | +$1.21M |
|
617
RPM International
RPM
$14.8B
| $55.1M | 0.02% |
1,010,951
+27,898
| +3% | +$1.49M |
|
618
SS&C Technologies
SSNC
$18.7B
| $55.1M | 0.02% |
1,434,442
+82,415
| +6% | +$3.07M |
|
|
PF
619
DELISTED
Pinnacle Foods, Inc.
PF
| $55.1M | 0.02% |
927,032
+32,463
| +4% | +$1.94M |
|
|
PNRA
620
DELISTED
Panera Bread Co
PNRA
| $55M | 0.02% |
174,682
+5,226
| +3% | +$1.63M |
|
621
Old Dominion Freight Line
ODFL
$44B
| $54.7M | 0.02% |
1,721,793
+54,066
| +3% | +$1.59M |
|
|
SVC
622
Service Properties Trust
SVC
$1.09B
| $54.6M | 0.02% |
374,543
+10,619
| +3% | +$1.62M |
|
623
West Pharmaceutical
WST
$24.5B
| $54.4M | 0.02% |
575,297
+26,634
| +5% | +$2.45M |
|
624
Nordson
NDSN
$17.2B
| $54.3M | 0.02% |
447,727
+15,311
| +4% | +$1.87M |
|
|
BIVV
625
DELISTED
Bioverativ Inc. Common Stock
BIVV
| $54.3M | 0.02% |
901,633
+115,559
| +15% | +$6.58M |
|
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.