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 | |
|---|---|---|---|---|---|---|---|
76
Morgan Stanley
MS
$298B
| $649M | 0.26% |
14,583,702
+127,395
| +0.9% | +$5.49M |
2013 Q2
16 quarters
|
|
77
Chubb
CB
$132B
| $644M | 0.25% |
4,436,235
+85,459
| +2% | +$12M |
2013 Q2
16 quarters
|
|
78
Colgate-Palmolive
CL
$70.4B
| $637M | 0.25% |
8,605,842
+138,304
| +2% | +$10.3M |
2013 Q2
16 quarters
|
|
79
Thermo Fisher Scientific
TMO
$243B
| $627M | 0.25% |
3,601,249
+38,806
| +1% | +$6.52M |
2013 Q2
16 quarters
|
|
80
Netflix
NFLX
$293B
| $622M | 0.24% |
41,678,170
+719,860
| +2% | +$11.1M |
2013 Q2
16 quarters
|
|
81
American Express
AXP
$208B
| $615M | 0.24% |
7,319,179
-316,405
| -4% | -$25M |
2013 Q2
16 quarters
|
|
82
Duke Energy
DUK
$91B
| $598M | 0.24% |
7,165,033
+26,249
| +0.4% | +$2.21M |
2013 Q2
16 quarters
|
|
83
General Dynamics
GD
$89.6B
| $597M | 0.23% |
3,016,149
+95,393
| +3% | +$18.7M |
2013 Q2
16 quarters
|
|
84
PayPal
PYPL
$47.5B
| $592M | 0.23% |
11,057,270
+132,996
| +1% | +$6.54M |
2015 Q3
7 quarters
|
|
85
Caterpillar
CAT
$368B
| $591M | 0.23% |
5,505,957
-69,463
| -1% | -$7.06M |
2013 Q2
16 quarters
|
|
86
PNC Financial Services
PNC
$87.5B
| $582M | 0.23% |
4,670,609
+100,488
| +2% | +$12.1M |
2013 Q2
16 quarters
|
|
87
MetLife
MET
$62.5B
| $564M | 0.22% |
11,531,687
+14,249
| +0.1% | +$661K |
2013 Q2
16 quarters
|
|
88
The Kraft Heinz Company
KHC
$26.4B
| $560M | 0.22% |
6,546,995
+189,748
| +3% | +$17.2M |
2015 Q3
7 quarters
|
|
89
ConocoPhillips
COP
$161B
| $556M | 0.22% |
12,679,742
+130,183
| +1% | +$6.07M |
2013 Q2
16 quarters
|
|
90
Simon Property Group
SPG
$64.5B
| $549M | 0.22% |
3,399,725
-40,887
| -1% | -$6.66M |
2013 Q2
16 quarters
|
|
91
American International
AIG
$40.3B
| $531M | 0.21% |
8,514,604
-512,334
| -6% | -$31.8M |
2013 Q2
16 quarters
|
|
|
RTN
92
DELISTED
Raytheon Company
RTN
| $529M | 0.21% |
3,282,175
+68,967
| +2% | +$10.9M |
2013 Q2
16 quarters
|
|
|
BNY
93
Bank of New York Mellon
BNY
$96.8B
| $528M | 0.21% |
10,375,423
-37,586
| -0.4% | -$1.8M |
2013 Q2
16 quarters
|
|
94
Salesforce
CRM
$189B
| $519M | 0.2% |
6,007,749
+213,947
| +4% | +$18.6M |
2013 Q2
16 quarters
|
|
95
Elevance Health
ELV
$89.5B
| $513M | 0.2% |
2,729,783
+35,362
| +1% | +$6.35M |
2013 Q2
16 quarters
|
|
96
Automatic Data Processing
ADP
$107B
| $509M | 0.2% |
4,978,645
+198,997
| +4% | +$20.1M |
2013 Q2
16 quarters
|
|
97
American Tower
AMT
$84.9B
| $504M | 0.2% |
3,819,056
+29,595
| +0.8% | +$3.79M |
2013 Q2
16 quarters
|
|
98
Applied Materials
AMAT
$402B
| $504M | 0.2% |
12,212,066
+919,170
| +8% | +$39.1M |
2013 Q2
16 quarters
|
|
99
Danaher
DHR
$155B
| $502M | 0.2% |
6,723,719
+163,656
| +2% | +$12.2M |
2013 Q2
16 quarters
|
|
|
RAI
100
DELISTED
Reynolds American Inc
RAI
| $502M | 0.2% |
7,731,815
+178,638
| +2% | +$11.7M |
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.