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 | |
|---|---|---|---|---|---|---|
1301
New York Times
NYT
$10.2B
| $17.2M | 0.01% |
970,142
+40,975
| +4% | +$674K |
|
|
HMSY
1302
DELISTED
HMS Holdings Corp.
HMSY
| $17.1M | 0.01% |
925,271
-11,034
| -1% | -$212K |
|
1303
Smith & Wesson
SWBI
$637M
| $17.1M | 0.01% |
1,004,516
-97,808
| -9% | -$1.69M |
|
|
CJ
1304
DELISTED
C&J Energy Services, Inc.
CJ
| $17M | 0.01% |
+497,139
| New | +$16.3M |
|
1305
Designer Brands
DBI
$333M
| $17M | 0.01% |
959,428
+72,945
| +8% | +$1.36M |
|
|
SWFT
1306
DELISTED
Swift Transportation Company
SWFT
| $17M | 0.01% |
640,769
+17,530
| +3% | +$422K |
|
1307
Armstrong World Industries
AWI
$7.84B
| $16.9M | 0.01% |
368,468
-14,540
| -4% | -$652K |
|
|
AVXS
1308
DELISTED
AveXis, Inc. Common Stock
AVXS
| $16.9M | 0.01% |
206,224
+78,712
| +62% | +$5.9M |
|
1309
Deckers Outdoor
DECK
$13.3B
| $16.9M | 0.01% |
1,485,726
+31,056
| +2% | +$324K |
|
1310
Myriad Genetics
MYGN
$312M
| $16.9M | 0.01% |
653,875
-7,432
| -1% | -$158K |
|
|
HZNP
1311
DELISTED
Horizon Therapeutics Public Limited Company Ordinary Shares
HZNP
| $16.9M | 0.01% |
1,422,845
+43,264
| +3% | +$538K |
|
1312
Liberty Broadband Class A
LBRDA
$5.16B
| $16.9M | 0.01% |
196,815
+4,916
| +3% | +$424K |
|
1313
Renasant Corp
RNST
$3.91B
| $16.8M | 0.01% |
385,128
+5,926
| +2% | +$248K |
|
|
VGR
1314
DELISTED
Vector Group Ltd.
VGR
| $16.8M | 0.01% |
1,285,094
+64,723
| +5% | +$851K |
|
|
CBM
1315
DELISTED
Cambrex Corporation
CBM
| $16.8M | 0.01% |
280,482
-1,431
| -0.5% | -$80.4K |
|
1316
EXL Service
EXLS
$5.29B
| $16.8M | 0.01% |
1,507,110
+92,375
| +7% | +$932K |
|
|
TWOU
1317
DELISTED
2U Inc
TWOU
| $16.7M | 0.01% |
11,898
+834
| +8% | +$1.09M |
|
1318
Eagle Bancorp
EGBN
$845M
| $16.7M | 0.01% |
264,035
+13,391
| +5% | +$801K |
|
1319
Rexford Industrial Realty
REXR
$8.19B
| $16.7M | 0.01% |
609,059
+18,981
| +3% | +$493K |
|
1320
Inogen
INGN
$164M
| $16.7M | 0.01% |
174,725
+1,353
| +0.8% | +$116K |
|
|
UCB
1321
United Community Banks
UCB
$4.28B
| $16.7M | 0.01% |
599,387
+37,243
| +7% | +$1.01M |
|
1322
Papa John's
PZZA
$806M
| $16.7M | 0.01% |
232,096
+7,612
| +3% | +$602K |
|
1323
RLI Corp
RLI
$5.89B
| $16.6M | 0.01% |
609,108
+15,302
| +3% | +$430K |
|
1324
Central Garden & Pet Co Class A
CENTA
$2.44B
| $16.6M | 0.01% |
691,988
-16,197
| -2% | -$414K |
|
1325
Invitation Homes
INVH
$18B
| $16.6M | 0.01% |
768,262
+178,612
| +30% | +$3.85M |
|
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.