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 | Technology | 16.07% |
| 2 | Financials | 16.07% |
| 3 | Healthcare | 14.35% |
| 4 | Industrials | 10.62% |
| 5 | Consumer Discretionary | 9.66% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
126
Capital One
COF
$122B
| $390M | 0.15% |
4,723,015
+38,873
| +0.8% | +$3.16M |
2013 Q2
16 quarters
|
|
127
Johnson Controls International
JCI
$95.4B
| $380M | 0.15% |
8,776,730
-361,158
| -4% | -$15.1M |
2013 Q2
16 quarters
|
|
128
eBay
EBAY
$49.9B
| $379M | 0.15% |
10,882,829
+480,900
| +5% | +$16.5M |
2013 Q2
16 quarters
|
|
129
McKesson
MCK
$109B
| $378M | 0.15% |
2,303,415
-2,038
| -0.1% | -$309K |
2013 Q2
16 quarters
|
|
130
Cognizant
CTSH
$26.7B
| $376M | 0.15% |
5,673,354
-97,305
| -2% | -$6.18M |
2013 Q2
16 quarters
|
|
131
Public Storage
PSA
$54.2B
| $374M | 0.15% |
1,795,178
-3,345
| -0.2% | -$719K |
2013 Q2
16 quarters
|
|
132
Prologis
PLD
$123B
| $372M | 0.15% |
6,344,738
+248,002
| +4% | +$13.8M |
2013 Q2
16 quarters
|
|
133
Emerson Electric
EMR
$90.3B
| $371M | 0.15% |
6,232,722
-441,989
| -7% | -$26.2M |
2013 Q2
16 quarters
|
|
134
Intuit
INTU
$80.9B
| $369M | 0.14% |
2,779,323
+92,573
| +3% | +$12M |
2013 Q2
16 quarters
|
|
135
Delta Air Lines
DAL
$54B
| $366M | 0.14% |
6,828,696
+105,515
| +2% | +$5.17M |
2013 Q2
16 quarters
|
|
136
Deere & Co
DE
$167B
| $363M | 0.14% |
2,945,534
+151,115
| +5% | +$17.7M |
2013 Q2
16 quarters
|
|
137
Intercontinental Exchange
ICE
$87.7B
| $356M | 0.14% |
5,413,136
+7,586
| +0.1% | +$465K |
2013 Q2
16 quarters
|
|
138
Eaton
ETN
$167B
| $355M | 0.14% |
4,574,885
+22,364
| +0.5% | +$1.7M |
2013 Q2
16 quarters
|
|
139
Southwest Airlines
LUV
$20.4B
| $355M | 0.14% |
5,721,415
+47,375
| +0.8% | +$2.76M |
2013 Q2
16 quarters
|
|
140
Kinder Morgan
KMI
$72.3B
| $353M | 0.14% |
18,472,404
+125,495
| +0.7% | +$2.5M |
2013 Q2
16 quarters
|
|
141
Truist Financial
TFC
$56.3B
| $349M | 0.14% |
7,701,201
+154,925
| +2% | +$6.73M |
2013 Q2
16 quarters
|
|
142
Halliburton
HAL
$27.1B
| $348M | 0.14% |
8,168,141
-105,420
| -1% | -$4.84M |
2013 Q2
16 quarters
|
|
143
Humana
HUM
$51.9B
| $348M | 0.14% |
1,449,527
+115,793
| +9% | +$26.2M |
2013 Q2
16 quarters
|
|
144
Exelon
EXC
$43B
| $348M | 0.14% |
13,534,201
+192,756
| +1% | +$4.91M |
2013 Q2
16 quarters
|
|
|
PX
145
DELISTED
Praxair Inc
PX
| $348M | 0.14% |
2,626,649
+37,321
| +1% | +$4.79M |
2013 Q2
16 quarters
|
|
146
Intuitive Surgical
ISRG
$150B
| $347M | 0.14% |
3,347,298
-81,864
| -2% | -$7.87M |
2013 Q2
16 quarters
|
|
147
Tesla
TSLA
$1.51T
| $347M | 0.14% |
14,409,120
+754,785
| +6% | +$16.6M |
2013 Q2
16 quarters
|
|
148
Travelers Companies
TRV
$76.9B
| $343M | 0.14% |
2,718,697
+34,731
| +1% | +$4.27M |
2013 Q2
16 quarters
|
|
149
Boston Scientific
BSX
$61.9B
| $343M | 0.13% |
12,395,467
+275,093
| +2% | +$7.3M |
2013 Q2
16 quarters
|
|
150
Phillips 66
PSX
$111B
| $341M | 0.13% |
4,131,848
+10,851
| +0.3% | +$852K |
2013 Q2
16 quarters
|
|
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 134 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 Technology at 16% of assets, up from 16% a quarter earlier, followed by Financials 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 134 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.