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 | |
|---|---|---|---|---|---|---|
1426
First Bancorp
FBP
$4.38B
| $14.4M | 0.01% |
2,480,706
-15,098
| -0.6% | -$84.7K |
|
1427
WesBanco
WSBC
$4B
| $14.3M | 0.01% |
361,916
+16,495
| +5% | +$640K |
|
|
KS
1428
DELISTED
KapStone Paper and Pack Corp.
KS
| $14.3M | 0.01% |
693,459
+24,783
| +4% | +$534K |
|
1429
SM Energy
SM
$6.87B
| $14.3M | 0.01% |
864,016
+42,773
| +5% | +$849K |
|
1430
Simmons First National
SFNC
$3.39B
| $14.2M | 0.01% |
537,950
+27,326
| +5% | +$722K |
|
1431
Nelnet
NNI
$4.7B
| $14.2M | 0.01% |
302,304
-1,963
| -0.6% | -$85.6K |
|
1432
Forward Air
FWRD
$654M
| $14.2M | 0.01% |
266,196
+16,680
| +7% | +$852K |
|
1433
Stepan Co
SCL
$1.48B
| $14.2M | 0.01% |
162,456
+1,827
| +1% | +$154K |
|
1434
Theravance Biopharma
TBPH
$877M
| $14.1M | 0.01% |
353,550
+23,270
| +7% | +$895K |
|
1435
Adeia
ADEA
$3.11B
| $14.1M | 0.01% |
1,784,440
-286,807
| -14% | -$2.42M |
|
1436
Kemper
KMPR
$1.68B
| $14M | 0.01% |
362,442
+7,269
| +2% | +$285K |
|
1437
Caleres
CAL
$487M
| $14M | 0.01% |
503,377
-14,070
| -3% | -$378K |
|
1438
Mueller Industries
MLI
$15.2B
| $14M | 0.01% |
1,836,484
+43,412
| +2% | +$335K |
|
1439
Carpenter Technology
CRS
$28.4B
| $13.9M | 0.01% |
372,398
+9,402
| +3% | +$348K |
|
|
NTUS
1440
DELISTED
Natus Medical Inc
NTUS
| $13.9M | 0.01% |
373,194
-43,558
| -10% | -$1.57M |
|
|
CATM
1441
DELISTED
Cardtronics plc Class A Ordinary Shares (UK)
CATM
| $13.9M | 0.01% |
423,575
-81,316
| -16% | -$3.05M |
|
|
NVRO
1442
DELISTED
NEVRO CORP.
NVRO
| $13.9M | 0.01% |
186,822
+11,056
| +6% | +$886K |
|
1443
Simpson Manufacturing
SSD
$8.16B
| $13.9M | 0.01% |
317,670
+4,975
| +2% | +$209K |
|
1444
Apogee Enterprises
APOG
$908M
| $13.9M | 0.01% |
244,028
-22,279
| -8% | -$1.22M |
|
|
CVA
1445
DELISTED
Covanta Holding Corporation
CVA
| $13.8M | 0.01% |
1,046,567
+57,176
| +6% | +$831K |
|
1446
Otter Tail
OTTR
$3.94B
| $13.8M | 0.01% |
348,657
+8,636
| +3% | +$339K |
|
|
KW
1447
DELISTED
Kennedy-Wilson Holdings
KW
| $13.7M | 0.01% |
719,685
+17,017
| +2% | +$344K |
|
|
AFSI
1448
DELISTED
AmTrust Financial Services, Inc.
AFSI
| $13.7M | 0.01% |
905,154
+34,380
| +4% | +$508K |
|
1449
Innospec
IOSP
$2.28B
| $13.7M | 0.01% |
208,712
+7,856
| +4% | +$505K |
|
1450
Planet Fitness
PLNT
$3.78B
| $13.7M | 0.01% |
585,811
+113,197
| +24% | +$2.37M |
|
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.