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 | |
|---|---|---|---|---|---|---|---|
151
S&P Global
SPGI
$120B
| $337M | 0.13% |
2,313,570
+19,337
| +0.8% | +$2.68M |
2016 Q2
4 quarters
|
|
152
LyondellBasell Industries
LYB
$19.4B
| $335M | 0.13% |
3,971,121
+92,982
| +2% | +$7.72M |
2013 Q2
16 quarters
|
|
153
Crown Castle
CCI
$33.9B
| $332M | 0.13% |
3,323,145
+82,993
| +3% | +$8.15M |
2013 Q2
16 quarters
|
|
154
Norfolk Southern
NSC
$71.4B
| $332M | 0.13% |
2,730,291
+32,540
| +1% | +$3.82M |
2013 Q2
16 quarters
|
|
155
General Mills
GIS
$17.3B
| $330M | 0.13% |
5,966,543
+151,886
| +3% | +$8.67M |
2013 Q2
16 quarters
|
|
|
EA
156
DELISTED
Electronic Arts
EA
| $329M | 0.13% |
3,112,914
-85,270
| -3% | -$8.78M |
2013 Q2
16 quarters
|
|
157
PG&E
PCG
$39.4B
| $323M | 0.13% |
4,868,242
+147,976
| +3% | +$9.97M |
2013 Q2
16 quarters
|
|
158
Cummins
CMI
$72.1B
| $321M | 0.13% |
1,983,449
+35,886
| +2% | +$5.57M |
2013 Q2
16 quarters
|
|
159
American Electric Power
AEP
$66.9B
| $321M | 0.13% |
4,628,123
+62,624
| +1% | +$4.35M |
2013 Q2
16 quarters
|
|
160
Welltower
WELL
$162B
| $321M | 0.13% |
4,293,489
+130,699
| +3% | +$9.55M |
2013 Q2
16 quarters
|
|
161
Equinix
EQIX
$101B
| $320M | 0.13% |
748,114
-18,348
| -2% | -$7.78M |
2015 Q2
8 quarters
|
|
162
Valero Energy
VLO
$125B
| $319M | 0.13% |
4,741,082
+5,422
| +0.1% | +$352K |
2013 Q2
16 quarters
|
|
163
Baxter International
BAX
$12.6B
| $317M | 0.12% |
5,245,548
+345,759
| +7% | +$19.6M |
2013 Q2
16 quarters
|
|
164
Target
TGT
$69.8B
| $317M | 0.12% |
6,063,045
+27,055
| +0.4% | +$1.48M |
2013 Q2
16 quarters
|
|
165
Aon
AON
$58B
| $315M | 0.12% |
2,371,979
+18,477
| +0.8% | +$2.34M |
2013 Q2
16 quarters
|
|
166
Micron Technology
MU
$1.16T
| $314M | 0.12% |
10,544,173
-464,005
| -4% | -$13.6M |
2013 Q2
16 quarters
|
|
167
Aflac
AFL
$57.4B
| $314M | 0.12% |
8,100,512
-52,674
| -0.6% | -$1.98M |
2013 Q2
16 quarters
|
|
168
Allstate
ALL
$58B
| $312M | 0.12% |
3,535,391
+17,416
| +0.5% | +$1.48M |
2013 Q2
16 quarters
|
|
|
AVB
169
DELISTED
AvalonBay Communities
AVB
| $312M | 0.12% |
1,625,658
+32,408
| +2% | +$6.2M |
2013 Q2
16 quarters
|
|
170
HP
HPQ
$27.2B
| $311M | 0.12% |
17,829,798
-296,810
| -2% | -$5.45M |
2013 Q2
16 quarters
|
|
171
Ecolab
ECL
$79B
| $311M | 0.12% |
2,346,739
+15,280
| +0.7% | +$1.97M |
2013 Q2
16 quarters
|
|
172
Vertex Pharmaceuticals
VRTX
$129B
| $307M | 0.12% |
2,387,368
+47,547
| +2% | +$5.72M |
2013 Q2
16 quarters
|
|
|
TFCFA
173
DELISTED
Twenty-First Century Fox, Inc. Class A
TFCFA
| $306M | 0.12% |
10,807,496
+342,404
| +3% | +$9.85M |
2013 Q3
15 quarters
|
|
174
Marriott International
MAR
$95.4B
| $305M | 0.12% |
3,047,908
-168,354
| -5% | -$16.8M |
2013 Q2
16 quarters
|
|
|
PPL
175
PPL Corp
PPL
$25.8B
| $301M | 0.12% |
7,802,812
+227,221
| +3% | +$8.79M |
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.