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 | |
|---|---|---|---|---|---|---|
1776
United Fire Group
UFCS
$1.4B
| $8.18M | ﹤0.01% |
185,720
+9,028
| +5% | +$392K |
|
1777
Encore Capital Group
ECPG
$2.13B
| $8.17M | ﹤0.01% |
203,575
+9,952
| +5% | +$357K |
|
|
MNR
1778
DELISTED
Monmouth Real Estate Investment Corp
MNR
| $8.17M | ﹤0.01% |
542,965
+15,035
| +3% | +$222K |
|
1779
Trade Desk
TTD
$6.49B
| $8.17M | ﹤0.01% |
1,629,940
+772,330
| +90% | +$3.53M |
|
|
TERP
1780
DELISTED
TerraForm Power, Inc
TERP
| $8.16M | ﹤0.01% |
680,172
+29,464
| +5% | +$361K |
|
1781
Banc of California
BANC
$2.97B
| $8.16M | ﹤0.01% |
379,393
+8,425
| +2% | +$178K |
|
1782
TriMas Corp
TRS
$1.44B
| $8.15M | ﹤0.01% |
391,147
+34,522
| +10% | +$745K |
|
1783
Kelly Services Class A
KELYA
$528M
| $8.15M | ﹤0.01% |
363,037
+46,156
| +15% | +$1.03M |
|
1784
Tronox
TROX
$1.04B
| $8.12M | ﹤0.01% |
537,288
+34,145
| +7% | +$548K |
|
|
GCI
1785
DELISTED
Gannett Co., Inc
GCI
| $8.1M | ﹤0.01% |
928,358
-14,168
| -2% | -$117K |
|
1786
Wingstop
WING
$3.18B
| $8.09M | ﹤0.01% |
261,771
+42,384
| +19% | +$1.26M |
|
|
EBSB
1787
DELISTED
Meridian Bancorp, Inc.
EBSB
| $8.09M | ﹤0.01% |
478,632
+19,557
| +4% | +$337K |
|
1788
Enterprise Financial Services Corp
EFSC
$2.39B
| $8.07M | ﹤0.01% |
197,896
+15,336
| +8% | +$638K |
|
|
LADR
1789
Ladder Capital
LADR
$1.24B
| $8.05M | ﹤0.01% |
600,375
+90,863
| +18% | +$1.3M |
|
1790
World Acceptance Corp
WRLD
$873M
| $8.05M | ﹤0.01% |
107,431
-21,172
| -16% | -$1.45M |
|
1791
Andersons Inc
ANDE
$2.22B
| $8.02M | ﹤0.01% |
234,982
+10,510
| +5% | +$375K |
|
|
BEAT
1792
DELISTED
BioTelemetry, Inc.
BEAT
| $8.02M | ﹤0.01% |
239,645
+8,882
| +4% | +$265K |
|
|
NCI
1793
DELISTED
Navigant Consulting, Inc.
NCI
| $8.01M | ﹤0.01% |
405,200
+42,457
| +12% | +$895K |
|
1794
Xencor
XNCR
$1.55B
| $7.97M | ﹤0.01% |
377,558
+10,328
| +3% | +$232K |
|
1795
Evolent Health
EVH
$447M
| $7.95M | ﹤0.01% |
313,524
+183,471
| +141% | +$4.41M |
|
1796
Federal Signal
FSS
$7.83B
| $7.95M | ﹤0.01% |
457,745
+8,639
| +2% | +$136K |
|
|
CMO
1797
DELISTED
Capstead Mortgage Corp.
CMO
| $7.94M | ﹤0.01% |
761,255
+49,178
| +7% | +$527K |
|
1798
Flexsteel Industries
FLXS
$311M
| $7.93M | ﹤0.01% |
146,606
-14,384
| -9% | -$756K |
|
|
HT
1799
DELISTED
Hersha Hospitality Trust Priority Class A Common Shares of Beneficial Interest
HT
| $7.91M | ﹤0.01% |
427,268
-25,272
| -6% | -$475K |
|
1800
Stock Yards Bancorp
SYBT
$2.6B
| $7.9M | ﹤0.01% |
203,106
+8,195
| +4% | +$318K |
|
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.