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 | |
|---|---|---|---|---|---|---|
|
PDM
926
Piedmont Realty Trust
PDM
$1.18B
| $29.7M | 0.01% |
1,406,774
-40,141
| -3% | -$868K |
|
|
ELLI
927
DELISTED
Ellie Mae Inc
ELLI
| $29.6M | 0.01% |
268,964
+13,847
| +5% | +$1.5M |
|
|
SYNH
928
DELISTED
Syneos Health, Inc. Class A Common Stock
SYNH
| $29.5M | 0.01% |
504,830
+47,628
| +10% | +$2.47M |
|
|
IDTI
929
DELISTED
Integrated Device Technology I
IDTI
| $29.5M | 0.01% |
1,143,250
+35,199
| +3% | +$856K |
|
|
GRUB
930
DELISTED
Just Eat Takeaway.com N.V. American Depositary Shares
GRUB
| $29.5M | 0.01% |
337,973
+18,009
| +6% | +$1.49M |
|
|
PRAH
931
DELISTED
PRA Health Sciences, Inc.
PRAH
| $29.5M | 0.01% |
392,861
+68,616
| +21% | +$4.76M |
|
932
Radian Group
RDN
$4.82B
| $29.5M | 0.01% |
1,802,096
+166,095
| +10% | +$2.84M |
|
933
UMB Financial
UMBF
$11B
| $29.4M | 0.01% |
392,732
+22,752
| +6% | +$1.67M |
|
934
The GEO Group
GEO
$4.03B
| $29.3M | 0.01% |
991,881
+39,358
| +4% | +$1.24M |
|
|
TMHC
935
DELISTED
Taylor Morrison
TMHC
| $29.3M | 0.01% |
1,220,906
+520,247
| +74% | +$12M |
|
936
Landstar System
LSTR
$6.01B
| $29.3M | 0.01% |
342,251
+19,143
| +6% | +$1.62M |
|
|
MBLY
937
DELISTED
Mobileye N.V.
MBLY
| $29.2M | 0.01% |
465,737
+77,410
| +20% | +$4.8M |
|
938
Healthcare Services Group
HCSG
$1.51B
| $29.1M | 0.01% |
622,288
+32,886
| +6% | +$1.52M |
|
939
Bright Horizons
BFAM
$3.89B
| $29.1M | 0.01% |
377,119
+32,739
| +10% | +$2.49M |
|
940
Genpact
G
$6.13B
| $29M | 0.01% |
1,043,401
+18,026
| +2% | +$468K |
|
941
Integra LifeSciences
IART
$1.33B
| $29M | 0.01% |
532,556
+824
| +0.2% | +$39.3K |
|
|
BDN
942
Brandywine Realty Trust
BDN
$554M
| $29M | 0.01% |
1,651,548
+32,350
| +2% | +$555K |
|
|
TWO
943
Two Harbors Investment
TWO
$1.26B
| $28.9M | 0.01% |
364,655
+14,576
| +4% | +$1.17M |
|
944
Terex
TEX
$7.47B
| $28.9M | 0.01% |
770,852
-53,901
| -7% | -$1.82M |
|
945
Kirby Corp
KEX
$7.02B
| $28.9M | 0.01% |
431,776
+10,287
| +2% | +$701K |
|
946
US Foods
USFD
$23.6B
| $28.9M | 0.01% |
1,060,012
+471,552
| +80% | +$13.4M |
|
947
First Citizens BancShares
FCNCA
$25.5B
| $28.8M | 0.01% |
77,208
+2,779
| +4% | +$961K |
|
948
Home BancShares
HOMB
$6.18B
| $28.8M | 0.01% |
1,154,826
+18,106
| +2% | +$451K |
|
949
AutoNation
AN
$6.99B
| $28.7M | 0.01% |
682,862
+19,999
| +3% | +$814K |
|
950
CNO Financial Group
CNO
$5.14B
| $28.7M | 0.01% |
1,375,237
+36,315
| +3% | +$750K |
|
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.