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 | |
|---|---|---|---|---|---|---|
1826
AdvanSix
ASIX
$444M
| $7.53M | ﹤0.01% |
241,082
+38,269
| +19% | +$1.09M |
|
1827
Customers Bancorp
CUBI
$2.77B
| $7.53M | ﹤0.01% |
266,148
+15,485
| +6% | +$458K |
|
|
NE
1828
DELISTED
Noble Corporation
NE
| $7.52M | ﹤0.01% |
2,078,696
+193,028
| +10% | +$888K |
|
|
WW
1829
DELISTED
WW International
WW
| $7.51M | ﹤0.01% |
224,805
+19,680
| +10% | +$475K |
|
1830
Central Pacific Financial
CPF
$1B
| $7.51M | ﹤0.01% |
238,647
+4,799
| +2% | +$149K |
|
1831
Donnelley Financial Solutions
DFIN
$1.16B
| $7.51M | ﹤0.01% |
327,060
+73,444
| +29% | +$1.61M |
|
|
KE
1832
Kimball Electronics
KE
$628M
| $7.51M | ﹤0.01% |
415,940
-14,555
| -3% | -$251K |
|
|
IBTX
1833
DELISTED
Independent Bank Group, Inc.
IBTX
| $7.5M | ﹤0.01% |
126,127
+31,109
| +33% | +$1.86M |
|
|
DENN
1834
DELISTED
Denny's
DENN
| $7.48M | ﹤0.01% |
635,372
+19,645
| +3% | +$235K |
|
1835
OceanFirst Financial
OCFC
$1.91B
| $7.48M | ﹤0.01% |
275,752
+23,131
| +9% | +$632K |
|
|
INOV
1836
DELISTED
Inovalon Holdings, Inc. Class A Common Stock
INOV
| $7.46M | ﹤0.01% |
567,692
+67,328
| +13% | +$874K |
|
|
UNT
1837
DELISTED
UNIT Corporation
UNT
| $7.46M | ﹤0.01% |
398,395
+13,334
| +3% | +$265K |
|
|
LTRPA
1838
DELISTED
Liberty TripAdvisor Holdings, Inc. Series A
LTRPA
| $7.45M | ﹤0.01% |
642,274
+36,796
| +6% | +$479K |
|
|
CRAY
1839
DELISTED
Cray, Inc.
CRAY
| $7.44M | ﹤0.01% |
404,367
+20,031
| +5% | +$369K |
|
1840
PetMed Express
PETS
$42.3M
| $7.43M | ﹤0.01% |
183,142
+18,149
| +11% | +$562K |
|
1841
Kratos Defense & Security Solutions
KTOS
$11.4B
| $7.42M | ﹤0.01% |
625,281
+44,349
| +8% | +$423K |
|
1842
Liberty Latin America Class A
LILA
$1.67B
| $7.41M | ﹤0.01% |
531,875
+1,150
| +0.2% | +$15.7K |
|
|
MB
1843
DELISTED
MINDBODY, Inc. Class A Common Stock
MB
| $7.38M | ﹤0.01% |
271,359
+102,121
| +60% | +$2.81M |
|
1844
Lindsay Corp
LNN
$1.18B
| $7.34M | ﹤0.01% |
82,311
+1,596
| +2% | +$137K |
|
|
SVU
1845
DELISTED
SUPERVALU Inc.
SVU
| $7.34M | ﹤0.01% |
318,676
+35,328
| +12% | +$941K |
|
1846
Unitil
UTL
$980M
| $7.32M | ﹤0.01% |
151,443
+2,636
| +2% | +$125K |
|
1847
Winnebago Industries
WGO
$909M
| $7.3M | ﹤0.01% |
208,631
+11,956
| +6% | +$335K |
|
|
FPRX
1848
DELISTED
Five Prime Therapeutics, Inc.
FPRX
| $7.29M | ﹤0.01% |
242,188
+2,553
| +1% | +$79.7K |
|
1849
GSK
GSK
$106B
| $7.28M | ﹤0.01% |
135,134
+31,818
| +31% | +$1.7M |
|
1850
Lattice Semiconductor
LSCC
$18.5B
| $7.28M | ﹤0.01% |
1,093,465
+110,688
| +11% | +$758K |
|
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.