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 | |
|---|---|---|---|---|---|---|---|
1051
Tanger
SKT
$4.06B
| $23.9M | 0.01% |
920,352
+90,320
| +11% | +$2.57M |
2013 Q2
16 quarters
|
|
1052
Brink's
BCO
$4.3B
| $23.9M | 0.01% |
356,530
+9,419
| +3% | +$580K |
2013 Q2
16 quarters
|
|
|
TCF
1053
DELISTED
TCF Financial Corporation
TCF
| $23.8M | 0.01% |
1,493,173
-10,062
| -0.7% | -$162K |
2013 Q2
16 quarters
|
|
1054
NorthWestern Energy
NWE
$4.54B
| $23.8M | 0.01% |
389,990
+11,604
| +3% | +$708K |
2013 Q2
16 quarters
|
|
1055
Glacier Bancorp
GBCI
$5.7B
| $23.7M | 0.01% |
647,141
+25,563
| +4% | +$874K |
2013 Q2
16 quarters
|
|
1056
Globus Medical
GMED
$10.6B
| $23.7M | 0.01% |
713,831
-36,632
| -5% | -$1.15M |
2013 Q2
16 quarters
|
|
1057
Five Below
FIVE
$12.3B
| $23.6M | 0.01% |
478,868
+16,177
| +3% | +$796K |
2013 Q2
16 quarters
|
|
1058
Innovex International
INVX
$1.92B
| $23.6M | 0.01% |
483,151
-184,084
| -28% | -$9.5M |
2013 Q2
16 quarters
|
|
|
VRE
1059
DELISTED
Veris Residential
VRE
| $23.5M | 0.01% |
866,970
+38,997
| +5% | +$1.07M |
2013 Q2
16 quarters
|
|
1060
Acadia Realty Trust
AKR
$2.54B
| $23.5M | 0.01% |
844,253
+7,140
| +0.9% | +$205K |
2013 Q2
16 quarters
|
|
1061
Kennametal
KMT
$2.37B
| $23.4M | 0.01% |
625,197
+7,374
| +1% | +$289K |
2013 Q2
16 quarters
|
|
1062
International Bancshares
IBOC
$4.21B
| $23.4M | 0.01% |
667,348
+16,804
| +3% | +$592K |
2013 Q2
16 quarters
|
|
1063
DELISTED
Sage Therapeutics
SAGE
| $23.3M | 0.01% |
293,184
+25,323
| +9% | +$1.83M |
2014 Q3
11 quarters
|
|
|
FNGN
1064
DELISTED
Financial Engines, Inc.
FNGN
| $23.3M | 0.01% |
637,914
-58,436
| -8% | -$2.33M |
2013 Q2
16 quarters
|
|
1065
Graham Holdings Company
GHC
$5.08B
| $23.2M | 0.01% |
38,768
+2,053
| +6% | +$1.23M |
2013 Q2
16 quarters
|
|
1066
Clean Harbors
CLH
$16.9B
| $23.1M | 0.01% |
414,312
+9,813
| +2% | +$564K |
2013 Q2
16 quarters
|
|
|
QCP
1067
DELISTED
Quality Care Properties, Inc.
QCP
| $23.1M | 0.01% |
1,262,458
+155,346
| +14% | +$2.79M |
2016 Q4
2 quarters
|
|
1068
DELISTED
Bank Of America Corporation Ws A
BAC.WS.A
| $23.1M | 0.01% |
1,916,731
+231,896
| +14% | +$2.57M |
2016 Q4
2 quarters
|
|
|
MDR
1069
DELISTED
McDermott International
MDR
| $23.1M | 0.01% |
1,072,708
-2,881
| -0.3% | -$56.4K |
2013 Q2
16 quarters
|
|
1070
Conduent
CNDT
$244M
| $23M | 0.01% |
1,445,258
+166,339
| +13% | +$2.72M |
2017 Q1
1 quarter
|
|
1071
DELISTED
Barnes Group Inc.
B
| $23M | 0.01% |
393,306
+8,248
| +2% | +$456K |
2013 Q2
16 quarters
|
|
1072
Vishay Intertechnology
VSH
$4.41B
| $23M | 0.01% |
1,385,486
+64,396
| +5% | +$1.06M |
2013 Q2
16 quarters
|
|
|
LGF.B
1073
DELISTED
Lions Gate Entertainment Corp. Class B Non-Voting Shares
LGF.B
| $22.9M | 0.01% |
872,795
+38,815
| +5% | +$941K |
2016 Q4
2 quarters
|
|
1074
Neogen
NEOG
$2.68B
| $22.9M | 0.01% |
883,467
+47,520
| +6% | +$1.14M |
2013 Q2
16 quarters
|
|
|
CCMP
1075
DELISTED
CMC Materials, Inc. Common Stock
CCMP
| $22.8M | 0.01% |
308,725
-12,935
| -4% | -$978K |
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.