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 | |
|---|---|---|---|---|---|---|---|
51
SLB Ltd
SLB
$72.6B
| $891M | 0.35% |
13,551,240
+54,788
| +0.4% | +$3.93M |
2013 Q2
16 quarters
|
|
52
Texas Instruments
TXN
$259B
| $889M | 0.35% |
11,574,579
+392,599
| +4% | +$31.5M |
2013 Q2
16 quarters
|
|
53
RTX Corp
RTX
$251B
| $885M | 0.35% |
11,542,900
-13,045
| -0.1% | -$977K |
2013 Q2
16 quarters
|
|
54
Qualcomm
QCOM
$187B
| $876M | 0.34% |
15,898,032
-1,035,569
| -6% | -$57.9M |
2013 Q2
16 quarters
|
|
55
Accenture
ACN
$128B
| $859M | 0.34% |
6,952,892
+232,791
| +3% | +$28.4M |
2013 Q2
16 quarters
|
|
56
Goldman Sachs
GS
$261B
| $835M | 0.33% |
3,771,097
+27,986
| +0.7% | +$6.22M |
2013 Q2
16 quarters
|
|
57
CVS Health
CVS
$110B
| $834M | 0.33% |
10,386,315
+546,364
| +6% | +$43.1M |
2013 Q2
16 quarters
|
|
58
US Bancorp
USB
$88.9B
| $819M | 0.32% |
15,799,177
+184,279
| +1% | +$9.49M |
2013 Q2
16 quarters
|
|
59
Nike
NKE
$51.6B
| $819M | 0.32% |
13,896,042
+281,154
| +2% | +$15.2M |
2013 Q2
16 quarters
|
|
60
Abbott
ABT
$172B
| $817M | 0.32% |
16,841,625
+317,670
| +2% | +$14.4M |
2013 Q2
16 quarters
|
|
|
AGN
61
DELISTED
Allergan plc
AGN
| $801M | 0.31% |
3,300,384
+145,409
| +5% | +$34.2M |
2015 Q3
7 quarters
|
|
|
TWX
62
DELISTED
Time Warner Inc
TWX
| $771M | 0.3% |
7,693,471
+412,430
| +6% | +$40.8M |
2013 Q2
16 quarters
|
|
63
Costco
COST
$420B
| $764M | 0.3% |
4,783,878
+127,567
| +3% | +$22M |
2013 Q2
16 quarters
|
|
64
Eli Lilly
LLY
$1.05T
| $759M | 0.3% |
9,238,065
+134,090
| +1% | +$10.9M |
2013 Q2
16 quarters
|
|
|
WBA
65
DELISTED
Walgreens Boots Alliance
WBA
| $733M | 0.29% |
9,374,316
+285,689
| +3% | +$23.5M |
2013 Q2
16 quarters
|
|
66
Charter Communications
CHTR
$11.8B
| $728M | 0.29% |
2,165,756
+104,698
| +5% | +$34.9M |
2013 Q2
16 quarters
|
|
67
United Parcel Service
UPS
$80.5B
| $708M | 0.28% |
6,414,072
+56,388
| +0.9% | +$6.03M |
2013 Q2
16 quarters
|
|
68
DuPont de Nemours
DD
$17.6B
| $705M | 0.28% |
4,421,301
-38,379
| -0.9% | -$6.1M |
2013 Q2
16 quarters
|
|
69
Adobe
ADBE
$94.3B
| $689M | 0.27% |
4,878,615
+183,371
| +4% | +$25.1M |
2013 Q2
16 quarters
|
|
70
Lowe's Companies
LOW
$104B
| $686M | 0.27% |
8,861,380
+12,442
| +0.1% | +$1.02M |
2013 Q2
16 quarters
|
|
71
Mondelez International
MDLZ
$77.1B
| $673M | 0.26% |
15,614,602
+169,002
| +1% | +$7.62M |
2013 Q2
16 quarters
|
|
|
DD
72
DELISTED
Du Pont De Nemours E I
DD
| $658M | 0.26% |
8,162,448
+189,095
| +2% | +$15.1M |
2013 Q2
16 quarters
|
|
73
Biogen
BIIB
$33.3B
| $656M | 0.26% |
2,419,526
+47,351
| +2% | +$12.5M |
2013 Q2
16 quarters
|
|
74
NextEra Energy
NEE
$161B
| $656M | 0.26% |
18,743,292
+428,848
| +2% | +$14.7M |
2013 Q2
16 quarters
|
|
75
Lockheed Martin
LMT
$118B
| $649M | 0.26% |
2,341,566
+48,949
| +2% | +$13.4M |
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.