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 | |
|---|---|---|---|---|---|---|
|
WRI
851
DELISTED
Weingarten Realty Investors
WRI
| $34.2M | 0.01% |
1,135,294
+51,131
| +5% | +$1.63M |
|
|
TCO
852
DELISTED
Taubman Centers Inc.
TCO
| $34.1M | 0.01% |
573,084
+24,525
| +4% | +$1.51M |
|
853
COPT Defense Properties
CDP
$4.22B
| $34.1M | 0.01% |
972,738
+31,380
| +3% | +$1.07M |
|
|
CAVM
854
DELISTED
Cavium, Inc.
CAVM
| $33.9M | 0.01% |
545,600
+4,607
| +0.9% | +$322K |
|
855
Transocean
RIG
$5.71B
| $33.7M | 0.01% |
4,102,699
+156,544
| +4% | +$1.6M |
|
|
LSXMA
856
DELISTED
Liberty Media Corporation Series A Liberty SiriusXM Common Stock
LSXMA
| $33.5M | 0.01% |
1,104,417
+50,327
| +5% | +$1.44M |
|
857
NewMarket
NEU
$8.21B
| $33.5M | 0.01% |
72,653
+3,066
| +4% | +$1.41M |
|
|
GWR
858
DELISTED
Genesee & Wyoming Inc.
GWR
| $33.4M | 0.01% |
488,485
+13,812
| +3% | +$912K |
|
|
LSI
859
DELISTED
Life Storage, Inc.
LSI
| $33.4M | 0.01% |
675,773
+30,134
| +5% | +$1.56M |
|
860
Enbridge
ENB
$113B
| $33.4M | 0.01% |
843,841
-199,339
| -19% | -$8.03M |
|
861
Texas Capital Bancshares
TCBI
$4.32B
| $33M | 0.01% |
426,479
+26,469
| +7% | +$2.04M |
|
862
Neurocrine Biosciences
NBIX
$16.2B
| $33M | 0.01% |
716,391
+39,068
| +6% | +$1.89M |
|
863
Acadia Healthcare
ACHC
$2.86B
| $32.9M | 0.01% |
665,977
+49,935
| +8% | +$2.21M |
|
864
Cinemark Holdings
CNK
$4.4B
| $32.8M | 0.01% |
845,470
+85,816
| +11% | +$3.56M |
|
|
NUVA
865
DELISTED
NuVasive, Inc.
NUVA
| $32.8M | 0.01% |
427,004
+14,783
| +4% | +$1.1M |
|
866
Federated Hermes
FHI
$4.72B
| $32.8M | 0.01% |
1,161,182
+63,180
| +6% | +$1.69M |
|
867
Portland General Electric
POR
$5.71B
| $32.7M | 0.01% |
716,531
+22,051
| +3% | +$1.02M |
|
|
PSB
868
DELISTED
PS Business Parks, Inc.
PSB
| $32.7M | 0.01% |
247,034
+5,031
| +2% | +$628K |
|
869
MGIC Investment
MTG
$6.21B
| $32.6M | 0.01% |
2,914,246
+334,881
| +13% | +$3.6M |
|
870
Southwest Gas
SWX
$6.69B
| $32.6M | 0.01% |
446,161
+39,923
| +10% | +$3.19M |
|
871
Crane NXT
CXT
$3.13B
| $32.6M | 0.01% |
1,182,048
+65,497
| +6% | +$1.77M |
|
|
VR
872
DELISTED
Validus Hold Ltd
VR
| $32.4M | 0.01% |
624,160
+23,295
| +4% | +$1.25M |
|
873
First Horizon
FHN
$12.1B
| $32.4M | 0.01% |
1,859,338
+37,657
| +2% | +$670K |
|
874
Monolithic Power Systems
MPWR
$66.8B
| $32.3M | 0.01% |
335,527
+15,777
| +5% | +$1.5M |
|
|
WFT
875
DELISTED
Weatherford International plc
WFT
| $32.3M | 0.01% |
8,358,586
+40,339
| +0.5% | +$205K |
|
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.