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 | |
|---|---|---|---|---|---|---|
|
TMX
751
DELISTED
Terminix Global Holdings, Inc.
TMX
| $40M | 0.02% |
1,525,365
+56,331
| +4% | +$1.47M |
|
752
Guidewire Software
GWRE
$13.3B
| $40M | 0.02% |
581,966
+55,736
| +11% | +$3.55M |
|
|
CLVS
753
DELISTED
Clovis Oncology, Inc.
CLVS
| $39.9M | 0.02% |
426,247
+37,390
| +10% | +$2.29M |
|
754
Olin
OLN
$2.14B
| $39.9M | 0.02% |
1,317,306
+55,297
| +4% | +$1.69M |
|
|
NUAN
755
DELISTED
Nuance Communications, Inc.
NUAN
| $39.9M | 0.02% |
2,646,118
+277,847
| +12% | +$4.36M |
|
756
Avnet
AVT
$7.94B
| $39.8M | 0.02% |
1,023,964
+12,859
| +1% | +$509K |
|
757
Curtiss-Wright
CW
$26.4B
| $39.6M | 0.02% |
430,980
+18,961
| +5% | +$1.71M |
|
|
CPN
758
DELISTED
Calpine Corporation
CPN
| $39.4M | 0.02% |
2,914,498
+69,386
| +2% | +$835K |
|
|
VVC
759
DELISTED
Vectren Corporation
VVC
| $39.4M | 0.02% |
674,656
+27,318
| +4% | +$1.64M |
|
|
BLUE
760
DELISTED
bluebird bio
BLUE
| $39.2M | 0.02% |
28,825
+1,403
| +5% | +$1.69M |
|
|
SFR
761
DELISTED
Starwood Waypoint Homes
SFR
| $39.2M | 0.02% |
1,142,697
+300,012
| +36% | +$10.3M |
|
762
Universal Display
OLED
$4.01B
| $39.2M | 0.02% |
358,656
+2,852
| +0.8% | +$300K |
|
763
Pool Corp
POOL
$7.31B
| $39.1M | 0.02% |
332,973
+13,067
| +4% | +$1.57M |
|
764
Brown & Brown
BRO
$23.8B
| $39.1M | 0.02% |
1,814,600
+41,228
| +2% | +$884K |
|
|
PRXL
765
DELISTED
Parexel International Corp
PRXL
| $39M | 0.02% |
448,892
-4,183
| -0.9% | -$312K |
|
766
HF Sinclair
DINO
$14.7B
| $39M | 0.02% |
1,419,811
+74,303
| +6% | +$1.98M |
|
|
TEN
767
DELISTED
Tenneco Inc. Class A Voting Common Stock
TEN
| $38.9M | 0.02% |
672,632
-115,238
| -15% | -$6.66M |
|
768
Bio-Rad Laboratories Class A
BIO
$9.16B
| $38.9M | 0.02% |
171,748
+11,337
| +7% | +$2.47M |
|
769
Thor Industries
THO
$4.04B
| $38.9M | 0.02% |
371,816
+16,595
| +5% | +$1.61M |
|
|
HRC
770
DELISTED
HILL-ROM HOLDINGS, INC.
HRC
| $38.8M | 0.02% |
487,982
+18,400
| +4% | +$1.39M |
|
771
Under Armour
UAA
$2.73B
| $38.8M | 0.02% |
1,784,460
+47,887
| +3% | +$975K |
|
|
HOUS
772
DELISTED
Anywhere Real Estate
HOUS
| $38.8M | 0.02% |
1,194,333
+14,574
| +1% | +$441K |
|
773
Western Alliance Bancorporation
WAL
$8.87B
| $38.7M | 0.02% |
786,975
-23,874
| -3% | -$1.14M |
|
|
HA
774
DELISTED
Hawaiian Holdings, Inc.
HA
| $38.6M | 0.02% |
822,365
+83,096
| +11% | +$4.23M |
|
775
MKS Inc
MKSI
$19.7B
| $38.6M | 0.02% |
573,112
+6,741
| +1% | +$511K |
|
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.