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 | |
|---|---|---|---|---|---|---|
|
NXTM
1376
DELISTED
NxStage Medical Inc.
NXTM
| $15.4M | 0.01% |
615,151
+20,168
| +3% | +$499K |
|
1377
Trex
TREX
$5.01B
| $15.4M | 0.01% |
911,308
+20,368
| +2% | +$344K |
|
1378
Independent Bank
INDB
$3.97B
| $15.4M | 0.01% |
231,121
+8,349
| +4% | +$532K |
|
|
AERI
1379
DELISTED
Aerie Pharmaceuticals
AERI
| $15.4M | 0.01% |
292,662
+30,441
| +12% | +$1.42M |
|
1380
Ameris Bancorp
ABCB
$5.89B
| $15.4M | 0.01% |
318,795
+15,466
| +5% | +$710K |
|
1381
Quaker Houghton
KWR
$2.92B
| $15.4M | 0.01% |
105,702
+5,786
| +6% | +$818K |
|
1382
Scansource
SCSC
$1.12B
| $15.3M | 0.01% |
380,501
-20,067
| -5% | -$780K |
|
1383
MiMedx Group
MDXG
$633M
| $15.3M | 0.01% |
1,022,957
+55,655
| +6% | +$743K |
|
1384
NBT Bancorp
NBTB
$2.74B
| $15.3M | 0.01% |
413,776
+15,248
| +4% | +$566K |
|
1385
Kite Realty
KRG
$5.36B
| $15.2M | 0.01% |
805,407
+35,876
| +5% | +$704K |
|
1386
HNI Corp
HNI
$3.59B
| $15.2M | 0.01% |
381,496
+26,173
| +7% | +$1.14M |
|
|
ALEX
1387
DELISTED
Alexander & Baldwin
ALEX
| $15.2M | 0.01% |
367,434
+8,866
| +2% | +$380K |
|
1388
Mercury Insurance
MCY
$6.07B
| $15.2M | 0.01% |
281,455
+4,796
| +2% | +$272K |
|
|
ARGO
1389
DELISTED
Argo Group International Holdings, Ltd.
ARGO
| $15.2M | 0.01% |
288,042
+12,217
| +4% | +$673K |
|
|
AMED
1390
DELISTED
Amedisys
AMED
| $15.2M | 0.01% |
241,535
+9,582
| +4% | +$558K |
|
|
TVPT
1391
DELISTED
Travelport Worldwide Limited
TVPT
| $15.1M | 0.01% |
1,099,032
+29,289
| +3% | +$389K |
|
1392
Yelp
YELP
$1.41B
| $15.1M | 0.01% |
503,518
+45,658
| +10% | +$1.42M |
|
1393
Sarepta Therapeutics
SRPT
$1.77B
| $15M | 0.01% |
446,269
+25,222
| +6% | +$821K |
|
1394
HEICO Corp
HEI
$51.4B
| $15M | 0.01% |
408,363
+18,649
| +5% | +$687K |
|
1395
PRA Group
PRAA
$755M
| $15M | 0.01% |
395,727
+11,813
| +3% | +$412K |
|
1396
Mueller Water Products
MWA
$4.16B
| $15M | 0.01% |
1,281,683
+68,542
| +6% | +$787K |
|
|
SFBS
1397
ServisFirst Bancshares
SFBS
$4.86B
| $15M | 0.01% |
405,351
+22,807
| +6% | +$830K |
|
|
SCS
1398
DELISTED
Steelcase
SCS
| $14.9M | 0.01% |
1,064,470
-15,362
| -1% | -$253K |
|
1399
Brinker International
EAT
$9.66B
| $14.9M | 0.01% |
390,807
-8,891
| -2% | -$370K |
|
1400
Genworth Financial
GNW
$3.71B
| $14.9M | 0.01% |
3,948,591
+38,840
| +1% | +$147K |
|
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.