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 | |
|---|---|---|---|---|---|---|
1226
Bloomin' Brands
BLMN
$937M
| $18.9M | 0.01% |
889,098
+40,280
| +5% | +$830K |
|
1227
Applied Industrial Technologies
AIT
$13.3B
| $18.9M | 0.01% |
319,639
+7,214
| +2% | +$442K |
|
1228
Benchmark Electronics
BHE
$2.96B
| $18.8M | 0.01% |
583,309
-59,431
| -9% | -$1.91M |
|
1229
ABM Industries
ABM
$2.84B
| $18.8M | 0.01% |
453,684
+22,561
| +5% | +$957K |
|
|
EFII
1230
DELISTED
Electronics for Imaging
EFII
| $18.8M | 0.01% |
397,134
+10,425
| +3% | +$497K |
|
1231
Westlake Corp
WLK
$9.9B
| $18.8M | 0.01% |
283,244
-5,399
| -2% | -$343K |
|
|
DF
1232
DELISTED
Dean Foods Company
DF
| $18.7M | 0.01% |
1,102,568
-3,867
| -0.3% | -$72.5K |
|
1233
Power Integrations
POWI
$3.6B
| $18.7M | 0.01% |
513,528
+17,940
| +4% | +$595K |
|
1234
Steven Madden
SHOO
$3.55B
| $18.7M | 0.01% |
702,578
+18,743
| +3% | +$476K |
|
|
BID
1235
DELISTED
Sotheby's
BID
| $18.7M | 0.01% |
347,546
-4,570
| -1% | -$228K |
|
1236
Zurn Elkay Water Solutions
ZWS
$8.53B
| $18.6M | 0.01% |
1,664,958
+112,826
| +7% | +$1.26M |
|
|
FMBI
1237
DELISTED
First Midwest Bancorp Inc/IL
FMBI
| $18.6M | 0.01% |
799,722
-44,866
| -5% | -$1.03M |
|
|
ZEN
1238
DELISTED
ZENDESK INC
ZEN
| $18.6M | 0.01% |
667,929
+84,432
| +14% | +$2.32M |
|
1239
Qiagen
QGEN
$8.72B
| $18.5M | 0.01% |
520,833
+40,278
| +8% | +$1.36M |
|
|
PR
1240
Permian Resources
PR
$16.9B
| $18.5M | 0.01% |
1,167,674
+673,844
| +136% | +$11.1M |
|
1241
Generac Holdings
GNRC
$12.5B
| $18.4M | 0.01% |
510,387
+11,165
| +2% | +$399K |
|
1242
MACOM Technology Solutions
MTSI
$23.7B
| $18.4M | 0.01% |
330,517
+36,735
| +13% | +$1.98M |
|
|
ICPT
1243
DELISTED
Intercept Pharmaceuticals, Inc.
ICPT
| $18.4M | 0.01% |
151,941
+7,811
| +5% | +$905K |
|
|
CSGS
1244
DELISTED
CSG Systems International
CSGS
| $18.4M | 0.01% |
453,011
+4,129
| +0.9% | +$162K |
|
|
MIK
1245
DELISTED
Michaels Stores, Inc
MIK
| $18.4M | 0.01% |
992,527
+46,084
| +5% | +$959K |
|
1246
Northwest Bancshares
NWBI
$2.28B
| $18.4M | 0.01% |
1,175,590
-53,025
| -4% | -$845K |
|
1247
Prothena Corp
PRTA
$459M
| $18.3M | 0.01% |
338,650
+19,511
| +6% | +$1.04M |
|
|
BWLD
1248
DELISTED
Buffalo Wild Wings, Inc.
BWLD
| $18.3M | 0.01% |
144,544
-2,898
| -2% | -$433K |
|
|
HI
1249
DELISTED
Hillenbrand
HI
| $18.3M | 0.01% |
505,783
+26,266
| +5% | +$957K |
|
1250
Oceaneering
OII
$4.77B
| $18.2M | 0.01% |
796,502
+16,667
| +2% | +$424K |
|
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.