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 | |
|---|---|---|---|---|---|---|
|
JCP
1551
DELISTED
J.C. Penney Company, Inc.
JCP
| $11.4M | ﹤0.01% |
2,445,321
+120,540
| +5% | +$616K |
|
|
FSP
1552
Franklin Street Properties
FSP
$46.8M
| $11.3M | ﹤0.01% |
1,024,015
+62,168
| +6% | +$720K |
|
|
TIME
1553
DELISTED
Time Inc.
TIME
| $11.3M | ﹤0.01% |
790,616
+4,932
| +0.6% | +$73.6K |
|
1554
Employers Holdings
EIG
$889M
| $11.3M | ﹤0.01% |
267,947
-102
| -0% | -$4.1K |
|
1555
Precigen
PGEN
$2.59B
| $11.3M | ﹤0.01% |
469,359
+39,827
| +9% | +$873K |
|
|
RDC
1556
DELISTED
Rowan Companies Plc
RDC
| $11.3M | ﹤0.01% |
1,104,027
+150,021
| +16% | +$1.97M |
|
1557
Veeco
VECO
$3.23B
| $11.3M | ﹤0.01% |
405,642
+76,536
| +23% | +$2.35M |
|
|
SINA
1558
DELISTED
Sina Corp
SINA
| $11.3M | ﹤0.01% |
133,319
+23,802
| +22% | +$2M |
|
|
AAWW
1559
DELISTED
Atlas Air Worldwide Holdings, Inc.
AAWW
| $11.3M | ﹤0.01% |
216,405
+5,289
| +3% | +$279K |
|
|
LGF.A
1560
DELISTED
Lions Gate Entertainment Corp. Class A Voting Shares
LGF.A
| $11.3M | ﹤0.01% |
399,744
+14,043
| +4% | +$369K |
|
|
BPFH
1561
DELISTED
Boston Private Financial Holdings, Inc.
BPFH
| $11.2M | ﹤0.01% |
732,550
+47,691
| +7% | +$739K |
|
1562
Photronics
PLAB
$1.93B
| $11.2M | ﹤0.01% |
1,195,979
+18,739
| +2% | +$198K |
|
1563
CareTrust REIT
CTRE
$9.74B
| $11.2M | ﹤0.01% |
606,300
+69,191
| +13% | +$1.25M |
|
|
ANAT
1564
DELISTED
American National Group, Inc. Common Stock
ANAT
| $11.2M | ﹤0.01% |
96,491
+3,849
| +4% | +$447K |
|
1565
Oil States International
OIS
$491M
| $11.2M | ﹤0.01% |
413,394
+10,160
| +3% | +$301K |
|
1566
TFS Financial
TFSL
$4.93B
| $11.2M | ﹤0.01% |
722,972
+33,192
| +5% | +$536K |
|
|
BMCH
1567
DELISTED
BMC Stock Holdings, Inc
BMCH
| $11.2M | ﹤0.01% |
511,504
+21,328
| +4% | +$465K |
|
1568
First Interstate BancSystem
FIBK
$3.58B
| $11.2M | ﹤0.01% |
300,171
+33,760
| +13% | +$1.27M |
|
1569
Kosmos Energy
KOS
$1.48B
| $11.2M | ﹤0.01% |
1,741,581
+295,946
| +20% | +$1.88M |
|
1570
Comfort Systems
FIX
$59.6B
| $11.1M | ﹤0.01% |
300,516
+17,659
| +6% | +$627K |
|
|
HMHC
1571
DELISTED
Houghton Mifflin Harcourt Company
HMHC
| $11.1M | ﹤0.01% |
906,277
-1,022
| -0.1% | -$12.5K |
|
|
BSFT
1572
DELISTED
BroadSoft, Inc.
BSFT
| $11.1M | ﹤0.01% |
258,933
+10,036
| +4% | +$394K |
|
1573
Enerpac Tool Group
EPAC
$1.93B
| $11.1M | ﹤0.01% |
452,986
+13,390
| +3% | +$343K |
|
1574
Alamo Group
ALG
$2.05B
| $11.1M | ﹤0.01% |
122,015
-3,848
| -3% | -$321K |
|
1575
Teladoc Health
TDOC
$1.3B
| $11.1M | ﹤0.01% |
318,516
+64,386
| +25% | +$1.88M |
|
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.