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 | |
|---|---|---|---|---|---|---|
1251
GoDaddy
GDDY
$11.5B
| $18.1M | 0.01% |
427,132
+42,461
| +11% | +$1.7M |
|
|
AEL
1252
DELISTED
American Equity Investment Life Holding Company
AEL
| $18.1M | 0.01% |
688,902
+32,602
| +5% | +$794K |
|
1253
Melco Resorts & Entertainment
MLCO
$2.14B
| $18.1M | 0.01% |
812,549
+327,364
| +67% | +$7.13M |
|
1254
Peabody Energy
BTU
$2.9B
| $18M | 0.01% |
+737,449
| New | +$18.2M |
|
1255
Haemonetics
HAE
$4B
| $18M | 0.01% |
455,090
+9,041
| +2% | +$371K |
|
|
DOOR
1256
DELISTED
MASONITE INTERNATIONAL CORP
DOOR
| $17.9M | 0.01% |
237,273
+4,229
| +2% | +$325K |
|
|
AKS
1257
DELISTED
AK Steel Holding Corp
AKS
| $17.9M | 0.01% |
2,726,774
-15,493
| -0.6% | -$97.1K |
|
1258
Performance Food Group
PFGC
$18B
| $17.9M | 0.01% |
653,765
+183,570
| +39% | +$4.85M |
|
1259
RingCentral
RNG
$5.28B
| $17.9M | 0.01% |
488,843
+30,202
| +7% | +$998K |
|
1260
News Corp Class B
NWS
$17.5B
| $17.9M | 0.01% |
1,264,253
+30,335
| +2% | +$408K |
|
|
CBI
1261
DELISTED
Chicago Bridge & Iron Nv
CBI
| $17.9M | 0.01% |
904,761
+103,340
| +13% | +$2.4M |
|
1262
Agios Pharmaceuticals
AGIO
$1.93B
| $17.8M | 0.01% |
346,389
+82,490
| +31% | +$4.22M |
|
|
KATE
1263
DELISTED
Kate Spade & Company
KATE
| $17.8M | 0.01% |
961,124
+24,167
| +3% | +$445K |
|
1264
Azenta
AZTA
$1.48B
| $17.7M | 0.01% |
818,126
+91,703
| +13% | +$2.32M |
|
|
KYNB
1265
Kyntra Bio
KYNB
$29.4M
| $17.7M | 0.01% |
21,955
+3,445
| +19% | +$2.4M |
|
1266
Commercial Metals
CMC
$8.31B
| $17.7M | 0.01% |
912,368
-24,246
| -3% | -$449K |
|
1267
Choice Hotels
CHH
$4.8B
| $17.7M | 0.01% |
275,403
+1,371
| +0.5% | +$88K |
|
1268
Methode Electronics
MEI
$592M
| $17.7M | 0.01% |
429,361
-27,993
| -6% | -$1.17M |
|
1269
Compass Minerals
CMP
$1.15B
| $17.7M | 0.01% |
270,805
+2,999
| +1% | +$200K |
|
|
ABCO
1270
DELISTED
Advisory Board Co
ABCO
| $17.7M | 0.01% |
343,255
+14,122
| +4% | +$708K |
|
1271
Hilltop Holdings
HTH
$2.24B
| $17.6M | 0.01% |
672,168
-8,883
| -1% | -$235K |
|
1272
Ollie's Bargain Outlet
OLLI
$4.94B
| $17.6M | 0.01% |
413,311
+65,816
| +19% | +$2.58M |
|
1273
Pricesmart
PSMT
$5.46B
| $17.6M | 0.01% |
200,891
+10,630
| +6% | +$934K |
|
1274
TTM Technologies
TTMI
$14.5B
| $17.6M | 0.01% |
1,012,985
-161,641
| -14% | -$2.71M |
|
1275
Lithia Motors
LAD
$8.26B
| $17.6M | 0.01% |
186,541
+9,223
| +5% | +$833K |
|
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.