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 | |
|---|---|---|---|---|---|---|
|
AKRX
1026
DELISTED
Akorn Inc
AKRX
| $24.7M | 0.01% |
735,878
+39,646
| +6% | +$1.29M |
|
|
STL
1027
DELISTED
Sterling Bancorp
STL
| $24.7M | 0.01% |
1,061,584
+23,063
| +2% | +$528K |
|
1028
Erie Indemnity
ERIE
$13.4B
| $24.7M | 0.01% |
197,232
+5,424
| +3% | +$654K |
|
|
ZNGA
1029
DELISTED
ZYNGA INC. CL A COMMON
ZNGA
| $24.6M | 0.01% |
6,766,923
+130,003
| +2% | +$427K |
|
1030
Wendy's
WEN
$1.41B
| $24.6M | 0.01% |
1,587,702
-15,151
| -0.9% | -$229K |
|
|
JBTM
1031
JBT Marel
JBTM
$6.49B
| $24.6M | 0.01% |
250,579
+12,775
| +5% | +$1.13M |
|
1032
Paycom
PAYC
$10.2B
| $24.5M | 0.01% |
358,461
+21,647
| +6% | +$1.39M |
|
1033
CACI
CACI
$13.9B
| $24.5M | 0.01% |
195,996
+4,712
| +2% | +$572K |
|
1034
Sprouts Farmers Market
SFM
$8.18B
| $24.5M | 0.01% |
1,081,052
+21,045
| +2% | +$487K |
|
1035
TC Energy
TRP
$65.9B
| $24.5M | 0.01% |
517,114
+509,601
| +6,783% | +$23.9M |
|
|
RAD
1036
DELISTED
Rite Aid Corporation
RAD
| $24.5M | 0.01% |
415,117
+28,732
| +7% | +$2.17M |
|
|
SUM
1037
DELISTED
Summit Materials, Inc. Class A Common Stock
SUM
| $24.4M | 0.01% |
872,883
+52,168
| +6% | +$1.36M |
|
|
ACH
1038
Accendra Health
ACH
$240M
| $24.4M | 0.01% |
758,977
+13,688
| +2% | +$449K |
|
1039
Madison Square Garden
MSGS
$9.49B
| $24.4M | 0.01% |
173,816
+2,190
| +1% | +$310K |
|
1040
Mine Safety
MSA
$7.49B
| $24.4M | 0.01% |
300,713
+64,763
| +27% | +$5.02M |
|
|
CAB
1041
DELISTED
Cabela's Inc
CAB
| $24.4M | 0.01% |
410,670
+12,225
| +3% | +$676K |
|
|
TXNM
1042
TXNM Energy Inc
TXNM
$5.94B
| $24.4M | 0.01% |
637,462
+16,689
| +3% | +$635K |
|
|
WMGI
1043
DELISTED
Wright Medical Group Inc
WMGI
| $24.4M | 0.01% |
886,734
+11,427
| +1% | +$323K |
|
|
SF
1044
Stifel
SF
$12.6B
| $24.2M | 0.01% |
1,185,001
+39,596
| +3% | +$813K |
|
1045
Dolby
DLB
$5.76B
| $24.2M | 0.01% |
493,711
+5,144
| +1% | +$262K |
|
1046
Valley National Bancorp
VLY
$8B
| $24.2M | 0.01% |
2,046,691
+42,629
| +2% | +$499K |
|
1047
KB Home
KBH
$3.56B
| $24.1M | 0.01% |
1,006,258
+192,988
| +24% | +$4.08M |
|
|
MDCO
1048
DELISTED
Medicines Co
MDCO
| $24.1M | 0.01% |
634,308
+27,480
| +5% | +$1.22M |
|
1049
MasTec
MTZ
$21.1B
| $24M | 0.01% |
530,738
+18,073
| +4% | +$782K |
|
1050
Pitney Bowes
PBI
$2.44B
| $24M | 0.01% |
1,586,813
+51,858
| +3% | +$758K |
|
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.