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 | |
|---|---|---|---|---|---|---|
1476
BCE
BCE
$21.2B
| $13M | 0.01% |
288,663
+25,897
| +10% | +$1.17M |
|
1477
Etsy
ETSY
$7.85B
| $13M | 0.01% |
863,619
+77,731
| +10% | +$965K |
|
|
ARCH
1478
DELISTED
Arch Resources, Inc.
ARCH
| $13M | 0.01% |
189,666
+45,420
| +31% | +$3.19M |
|
|
CORE
1479
DELISTED
Core Mark Holding Co., Inc.
CORE
| $12.9M | 0.01% |
391,225
+12,465
| +3% | +$424K |
|
1480
Builders FirstSource
BLDR
$8.04B
| $12.9M | 0.01% |
843,485
+75,994
| +10% | +$1.14M |
|
1481
Atlantic Union Bankshares
AUB
$5.97B
| $12.9M | 0.01% |
379,366
+17,658
| +5% | +$602K |
|
1482
Groupon
GRPN
$1.02B
| $12.9M | 0.01% |
167,395
+10,139
| +6% | +$703K |
|
1483
Ubiquiti
UI
$34.3B
| $12.8M | 0.01% |
246,489
+4,406
| +2% | +$218K |
|
1484
Provident Financial Services
PFS
$3.19B
| $12.8M | 0.01% |
503,969
+11,885
| +2% | +$295K |
|
|
CPLA
1485
DELISTED
Capella Education Company
CPLA
| $12.8M | 0.01% |
149,337
-16,032
| -10% | -$1.43M |
|
|
UHT
1486
Universal Health Realty Income Trust
UHT
$594M
| $12.8M | 0.01% |
160,575
-46
| -0% | -$3.32K |
|
1487
Westamerica Bancorp
WABC
$1.37B
| $12.8M | 0.01% |
227,902
+13,911
| +7% | +$758K |
|
|
SPN
1488
DELISTED
Superior Energy Services, Inc.
SPN
| $12.7M | 0.01% |
121,784
+4,630
| +4% | +$539K |
|
|
KNL
1489
DELISTED
Knoll, Inc.
KNL
| $12.7M | 0.01% |
633,060
+13,403
| +2% | +$301K |
|
1490
Penske Automotive Group
PAG
$14.2B
| $12.7M | 0.01% |
289,031
+1,896
| +0.7% | +$83.6K |
|
|
RPXC
1491
DELISTED
RPX Corporation
RPXC
| $12.6M | 0.01% |
904,577
-43,997
| -5% | -$585K |
|
|
FOLD
1492
DELISTED
Amicus Therapeutics
FOLD
| $12.6M | 0.01% |
1,251,025
+83,669
| +7% | +$673K |
|
1493
Open Text
OTEX
$6.04B
| $12.6M | ﹤0.01% |
399,590
+131,954
| +49% | +$4.35M |
|
1494
Knowles
KN
$3.34B
| $12.6M | ﹤0.01% |
742,111
+76,128
| +11% | +$1.37M |
|
|
ARRY
1495
DELISTED
Array Biopharma Inc
ARRY
| $12.5M | ﹤0.01% |
1,499,178
-66,974
| -4% | -$548K |
|
1496
Axos Financial
AX
$5.68B
| $12.5M | ﹤0.01% |
528,415
-193,069
| -27% | -$4.57M |
|
|
NAV
1497
DELISTED
Navistar International
NAV
| $12.5M | ﹤0.01% |
477,451
+8,272
| +2% | +$218K |
|
|
BOBE
1498
DELISTED
Bob Evans Farms, Inc.
BOBE
| $12.5M | ﹤0.01% |
173,813
+1,925
| +1% | +$132K |
|
1499
Fabrinet
FN
$20.1B
| $12.4M | ﹤0.01% |
291,655
+14,010
| +5% | +$528K |
|
|
LNW
1500
DELISTED
Light & Wonder
LNW
| $12.4M | ﹤0.01% |
475,038
+12,797
| +3% | +$304K |
|
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.