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 | |
|---|---|---|---|---|---|---|---|
1101
Community Bank
CBU
$3.17B
| $22.1M | 0.01% |
395,376
+43,172
| +12% | +$2.39M |
2013 Q2
16 quarters
|
|
1102
Acadia Pharmaceuticals
ACAD
$3.29B
| $22M | 0.01% |
790,410
+29,578
| +4% | +$881K |
2013 Q2
16 quarters
|
|
1103
Urban Edge Properties
UE
$2.46B
| $22M | 0.01% |
926,967
+82,533
| +10% | +$2.08M |
2015 Q2
8 quarters
|
|
1104
DELISTED
Verint Systems
VRNT
| $22M | 0.01% |
1,059,967
+35,713
| +3% | +$738K |
2013 Q2
16 quarters
|
|
|
AXE
1105
DELISTED
Anixter International Inc
AXE
| $22M | 0.01% |
281,021
+28,824
| +11% | +$2.25M |
2013 Q2
16 quarters
|
|
1106
DELISTED
Retail Opportunity Investments Corp.
ROIC
| $22M | 0.01% |
1,144,897
+25,330
| +2% | +$515K |
2013 Q2
16 quarters
|
|
1107
Dycom Industries
DY
$7.65B
| $21.9M | 0.01% |
244,741
+8,785
| +4% | +$852K |
2013 Q2
16 quarters
|
|
|
ENDP
1108
DELISTED
Endo International plc
ENDP
| $21.9M | 0.01% |
1,959,542
+22,924
| +1% | +$269K |
2013 Q2
16 quarters
|
|
|
MNDT
1109
DELISTED
Mandiant, Inc. Common Stock
MNDT
| $21.9M | 0.01% |
1,437,455
+189,968
| +15% | +$2.7M |
2013 Q4
14 quarters
|
|
1110
Ormat Technologies
ORA
$5.49B
| $21.8M | 0.01% |
371,171
-4,095
| -1% | -$240K |
2013 Q2
16 quarters
|
|
1111
LCI Industries
LCII
$2.04B
| $21.7M | 0.01% |
212,322
-6,885
| -3% | -$661K |
2013 Q2
16 quarters
|
|
1112
U-Haul Holding Co
UHAL
$11.1B
| $21.7M | 0.01% |
594,090
+56,280
| +10% | +$2.04M |
2013 Q2
16 quarters
|
|
|
SJI
1113
DELISTED
South Jersey Industries, Inc.
SJI
| $21.7M | 0.01% |
635,350
+38,394
| +6% | +$1.39M |
2013 Q2
16 quarters
|
|
1114
Apollo Commercial Real Estate
ARI
$820M
| $21.7M | 0.01% |
1,170,304
+60,697
| +5% | +$1.14M |
2013 Q2
16 quarters
|
|
1115
Ligand Pharmaceuticals
LGND
$5.89B
| $21.6M | 0.01% |
285,748
+27,308
| +11% | +$1.91M |
2013 Q2
16 quarters
|
|
1116
Ultragenyx Pharmaceutical
RARE
$1.43B
| $21.6M | 0.01% |
348,239
+14,515
| +4% | +$874K |
2014 Q1
13 quarters
|
|
|
MGLN
1117
DELISTED
Magellan Health Services, Inc.
MGLN
| $21.6M | 0.01% |
296,650
-8,974
| -3% | -$631K |
2013 Q2
16 quarters
|
|
1118
Dorman Products
DORM
$3.68B
| $21.6M | 0.01% |
260,812
+9,163
| +4% | +$748K |
2013 Q2
16 quarters
|
|
1119
Children's Place
PLCE
$23.8M
| $21.5M | 0.01% |
211,042
+51,435
| +32% | +$5.65M |
2013 Q2
16 quarters
|
|
1120
First Busey Corp
BUSE
$2.43B
| $21.5M | 0.01% |
734,288
+414,349
| +130% | +$12.2M |
2013 Q2
16 quarters
|
|
1121
Brookdale Senior Living
BKD
$2.41B
| $21.5M | 0.01% |
1,462,542
+25,892
| +2% | +$358K |
2013 Q2
16 quarters
|
|
|
CVG
1122
DELISTED
Convergys
CVG
| $21.5M | 0.01% |
902,072
+4,369
| +0.5% | +$102K |
2013 Q2
16 quarters
|
|
1123
Dave & Buster's
PLAY
$265M
| $21.4M | 0.01% |
322,522
+16,724
| +5% | +$1.09M |
2014 Q4
10 quarters
|
|
|
CCP
1124
DELISTED
Care Capital Properties, Inc.
CCP
| $21.4M | 0.01% |
801,436
-496,166
| -38% | -$13.4M |
2015 Q3
7 quarters
|
|
|
PDCE
1125
DELISTED
PDC Energy, Inc.
PDCE
| $21.4M | 0.01% |
496,207
+29,728
| +6% | +$1.56M |
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.