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 | |
|---|---|---|---|---|---|---|
1651
Agree Realty
ADC
$9.41B
| $9.92M | ﹤0.01% |
216,189
+4,638
| +2% | +$220K |
|
|
AVP
1652
DELISTED
Avon Products, Inc.
AVP
| $9.9M | ﹤0.01% |
2,606,215
-731,177
| -22% | -$2.86M |
|
1653
Global Net Lease
GNL
$1.95B
| $9.9M | ﹤0.01% |
445,201
+9,938
| +2% | +$228K |
|
1654
Gibraltar Industries
ROCK
$1.49B
| $9.86M | ﹤0.01% |
276,461
+9,112
| +3% | +$322K |
|
1655
TriNet
TNET
$3.14B
| $9.85M | ﹤0.01% |
300,904
-1,390
| -0.5% | -$42.5K |
|
1656
AMC Entertainment Holdings
AMC
$2.31B
| $9.84M | ﹤0.01% |
43,271
+2,431
| +6% | +$653K |
|
|
FCH
1657
DELISTED
Felcor Lodging Trust
FCH
| $9.82M | ﹤0.01% |
1,362,015
+152,682
| +13% | +$1.13M |
|
1658
Ingersoll Rand
IR
$33.7B
| $9.77M | ﹤0.01% |
+452,234
| New | +$10.1M |
|
1659
Piper Sandler
PIPR
$5.29B
| $9.77M | ﹤0.01% |
651,772
-70,016
| -10% | -$1.06M |
|
|
GIMO
1660
DELISTED
Gigamon Inc.
GIMO
| $9.76M | ﹤0.01% |
247,990
+16,824
| +7% | +$634K |
|
1661
MBIA
MBI
$260M
| $9.72M | ﹤0.01% |
1,031,184
+11,929
| +1% | +$101K |
|
|
PKY
1662
DELISTED
Parkway, Inc.
PKY
| $9.63M | ﹤0.01% |
420,504
+26,458
| +7% | +$533K |
|
|
RPT
1663
DELISTED
RPT Realty Common Shares of Beneficial Interest (MD)
RPT
| $9.62M | ﹤0.01% |
745,425
+35,629
| +5% | +$473K |
|
|
CNSL
1664
DELISTED
Consolidated Communications Holdings, Inc.
CNSL
| $9.6M | ﹤0.01% |
447,237
+17,291
| +4% | +$377K |
|
1665
Cavco Industries
CVCO
$4.55B
| $9.58M | ﹤0.01% |
73,929
+2,702
| +4% | +$323K |
|
|
NSA
1666
DELISTED
National Storage Affiliates Trust
NSA
| $9.58M | ﹤0.01% |
414,546
-50,696
| -11% | -$1.22M |
|
1667
First Commonwealth Financial
FCF
$2.17B
| $9.56M | ﹤0.01% |
753,695
+69,489
| +10% | +$886K |
|
1668
StoneX
SNEX
$7.94B
| $9.55M | ﹤0.01% |
1,280,645
-69,711
| -5% | -$501K |
|
|
LABL
1669
DELISTED
Multi-Color Corp
LABL
| $9.55M | ﹤0.01% |
117,029
+7,516
| +7% | +$593K |
|
|
WSTC
1670
DELISTED
West Corporation
WSTC
| $9.55M | ﹤0.01% |
409,365
-89,596
| -18% | -$2.13M |
|
1671
Heartland Express
HTLD
$956M
| $9.54M | ﹤0.01% |
458,467
+19,016
| +4% | +$379K |
|
1672
Clearway Energy Class C
CWEN
$6.7B
| $9.54M | ﹤0.01% |
542,023
+32,309
| +6% | +$566K |
|
|
PMT
1673
PennyMac Mortgage Investment
PMT
$842M
| $9.53M | ﹤0.01% |
521,331
+12,360
| +2% | +$220K |
|
|
B
1674
Barrick Mining
B
$73.2B
| $9.53M | ﹤0.01% |
603,631
+22,483
| +4% | +$385K |
|
|
PNK
1675
DELISTED
Pinnacle Entertainment Inc.
PNK
| $9.51M | ﹤0.01% |
481,242
+19,255
| +4% | +$387K |
|
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.