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 | |
|---|---|---|---|---|---|---|
1851
Gray Television
GTN
$552M
| $7.28M | ﹤0.01% |
531,483
+28,092
| +6% | +$379K |
|
|
NFBK
1852
DELISTED
Northfield Bancorp
NFBK
| $7.28M | ﹤0.01% |
424,372
+27,430
| +7% | +$478K |
|
1853
Caesars Entertainment
CZR
$6.14B
| $7.26M | ﹤0.01% |
362,822
+167,838
| +86% | +$3.36M |
|
1854
Phibro Animal Health
PAHC
$1.39B
| $7.22M | ﹤0.01% |
195,011
+32,142
| +20% | +$1.05M |
|
|
PEI
1855
DELISTED
Pennsylvania Real Estate Investment Trust
PEI
| $7.21M | ﹤0.01% |
42,456
+1,001
| +2% | +$187K |
|
|
UBNK
1856
DELISTED
United Financial Bancorp, Inc.
UBNK
| $7.19M | ﹤0.01% |
430,715
+16,615
| +4% | +$282K |
|
|
AVTA
1857
DELISTED
Avantax, Inc. Common Stock
AVTA
| $7.18M | ﹤0.01% |
338,918
+24,333
| +8% | +$482K |
|
1858
James River Group Holdings
JRVR
$217M
| $7.17M | ﹤0.01% |
180,443
+28,265
| +19% | +$1.16M |
|
1859
McGrath RentCorp
MGRC
$2.92B
| $7.15M | ﹤0.01% |
206,404
+9,643
| +5% | +$330K |
|
1860
Fortis
FTS
$28.7B
| $7.14M | ﹤0.01% |
+205,064
| New | +$6.83M |
|
|
GMS
1861
DELISTED
GMS Inc
GMS
| $7.14M | ﹤0.01% |
254,046
+112,563
| +80% | +$3.78M |
|
|
RRD
1862
DELISTED
RR Donnelley & Sons Co.
RRD
| $7.13M | ﹤0.01% |
568,259
-21,482
| -4% | -$264K |
|
1863
Red Robin
RRGB
$152M
| $7.12M | ﹤0.01% |
109,080
+3,869
| +4% | +$246K |
|
|
EGRX
1864
DELISTED
Eagle Pharmaceuticals, Inc.
EGRX
| $7.08M | ﹤0.01% |
89,755
-661
| -0.7% | -$54.1K |
|
|
MSFG
1865
DELISTED
MainSource Financial Group Inc
MSFG
| $7.07M | ﹤0.01% |
211,100
+1,328
| +0.6% | +$44K |
|
|
ESND
1866
DELISTED
Essendant Inc.
ESND
| $7.07M | ﹤0.01% |
476,969
+7,256
| +2% | +$115K |
|
|
MOMO
1867
Hello Group
MOMO
$866M
| $7.05M | ﹤0.01% |
191,533
+142,888
| +294% | +$5.48M |
|
1868
Atlanta Braves Holdings Series B
BATRK
$3.21B
| $7.05M | ﹤0.01% |
294,169
+25,400
| +9% | +$607K |
|
|
FFIC
1869
DELISTED
Flushing Financial
FFIC
| $7.05M | ﹤0.01% |
249,983
+12,456
| +5% | +$350K |
|
1870
iShares Core S&P Mid-Cap ETF
IJH
$127B
| – | – |
0
| – | – |
|
1871
Vanda Pharmaceuticals
VNDA
$302M
| $7.04M | ﹤0.01% |
432,054
+19,530
| +5% | +$281K |
|
1872
Dine Brands
DIN
$452M
| $7.04M | ﹤0.01% |
159,714
+28,256
| +21% | +$1.41M |
|
1873
Resources Connection
RGP
$145M
| $7.02M | ﹤0.01% |
512,370
+15,821
| +3% | +$215K |
|
1874
Usana Health Sciences
USNA
$286M
| $7.02M | ﹤0.01% |
109,474
-14,737
| -12% | -$908K |
|
1875
Century Aluminum
CENX
$5.07B
| $7.01M | ﹤0.01% |
449,692
+17,131
| +4% | +$239K |
|
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.