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 | |
|---|---|---|---|---|---|---|
|
ZAYO
976
DELISTED
Zayo Group Holdings, Inc.
ZAYO
| $27.6M | 0.01% |
893,102
+73,909
| +9% | +$2.42M |
|
|
PTLA
977
DELISTED
Portola Pharmaceuticals, Inc.
PTLA
| $27.4M | 0.01% |
488,678
+6,946
| +1% | +$278K |
|
|
SAFM
978
DELISTED
Sanderson Farms Inc
SAFM
| $27.3M | 0.01% |
236,218
-6,682
| -3% | -$777K |
|
979
Outfront Media
OUT
$5.5B
| $27.3M | 0.01% |
1,199,684
+58,806
| +5% | +$1.4M |
|
980
Antero Resources
AR
$10.8B
| $27.2M | 0.01% |
1,261,121
-35,424
| -3% | -$760K |
|
|
EDR
981
DELISTED
Education Realty Trust Inc
EDR
| $27.2M | 0.01% |
702,016
+16,333
| +2% | +$639K |
|
982
Moog Inc Class A
MOG.A
$12.7B
| $27.2M | 0.01% |
378,726
-14,794
| -4% | -$1.02M |
|
|
CMD
983
DELISTED
Cantel Medical Corporation
CMD
| $27.1M | 0.01% |
348,199
-11,459
| -3% | -$861K |
|
984
Valmont Industries
VMI
$9.56B
| $27.1M | 0.01% |
181,133
+11,439
| +7% | +$1.72M |
|
985
New Jersey Resources
NJR
$5.54B
| $27.1M | 0.01% |
681,401
+17,890
| +3% | +$734K |
|
|
PRA
986
DELISTED
ProAssurance
PRA
| $27M | 0.01% |
444,318
+16,213
| +4% | +$973K |
|
987
Primerica
PRI
$9.98B
| $27M | 0.01% |
356,443
+11,459
| +3% | +$899K |
|
988
Nektar Therapeutics
NKTR
$2.5B
| $27M | 0.01% |
92,024
+2,684
| +3% | +$776K |
|
|
BIG
989
DELISTED
Big Lots, Inc.
BIG
| $26.9M | 0.01% |
556,770
-14,020
| -2% | -$682K |
|
|
LM
990
DELISTED
Legg Mason, Inc.
LM
| $26.9M | 0.01% |
704,199
-16,459
| -2% | -$623K |
|
|
XHR
991
Xenia Hotels & Resorts
XHR
$1.81B
| $26.8M | 0.01% |
1,385,622
+249,870
| +22% | +$4.56M |
|
992
NETSCOUT
NTCT
$2.9B
| $26.6M | 0.01% |
773,163
+24,487
| +3% | +$886K |
|
993
Saic
SAIC
$5.3B
| $26.5M | 0.01% |
381,578
+16,715
| +5% | +$1.23M |
|
994
Credit Acceptance
CACC
$5.99B
| $26.5M | 0.01% |
102,957
+7,971
| +8% | +$1.75M |
|
|
CXP
995
DELISTED
COLUMBIA PROPERTY TRUST, INC.
CXP
| $26.4M | 0.01% |
1,179,243
+11,790
| +1% | +$262K |
|
996
Spire
SR
$4.81B
| $26.3M | 0.01% |
377,564
+19,411
| +5% | +$1.36M |
|
|
INN
997
Summit Hotel Properties
INN
$713M
| $26.3M | 0.01% |
1,410,034
+58,394
| +4% | +$1.02M |
|
998
EastGroup Properties
EGP
$10.8B
| $26.2M | 0.01% |
313,078
+25,841
| +9% | +$2.08M |
|
999
Nu Skin
NUS
$261M
| $26.1M | 0.01% |
415,143
-47,872
| -10% | -$2.73M |
|
|
COR
1000
DELISTED
Coresite Realty Corporation
COR
| $26M | 0.01% |
251,158
-3,389
| -1% | -$340K |
|
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.