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 | |
|---|---|---|---|---|---|---|
1876
ATN International
ATNI
$492M
| $7M | ﹤0.01% |
102,329
+3,532
| +4% | +$240K |
|
|
KG
1877
Kestrel Group
KG
$69M
| $7M | ﹤0.01% |
31,519
+1,301
| +4% | +$304K |
|
1878
GoPro
GPRO
$126M
| $6.99M | ﹤0.01% |
859,850
+55,505
| +7% | +$470K |
|
|
LBAI
1879
DELISTED
Lakeland Bancorp Inc
LBAI
| $6.98M | ﹤0.01% |
370,531
+29,842
| +9% | +$576K |
|
1880
QuidelOrtho
QDEL
$838M
| $6.97M | ﹤0.01% |
256,683
+32,220
| +14% | +$798K |
|
|
VRTU
1881
DELISTED
Virtusa Corporation
VRTU
| $6.96M | ﹤0.01% |
236,825
+8,843
| +4% | +$260K |
|
1882
Lexicon Pharmaceuticals
LXRX
$1.1B
| $6.96M | ﹤0.01% |
422,822
-10,598
| -2% | -$164K |
|
|
GTT
1883
DELISTED
GTT Communications, Inc.
GTT
| $6.96M | ﹤0.01% |
219,765
+14,393
| +7% | +$426K |
|
|
UCTT
1884
Ultra Clean Holdings
UCTT
$3.95B
| $6.95M | ﹤0.01% |
370,888
+44,289
| +14% | +$891K |
|
|
IXYS
1885
DELISTED
IXYS Corp
IXYS
| $6.94M | ﹤0.01% |
421,673
+36,723
| +10% | +$548K |
|
1886
National Bank Holdings
NBHC
$1.9B
| $6.93M | ﹤0.01% |
209,367
-1,590
| -0.8% | -$50.6K |
|
1887
Copa Holdings
CPA
$5.8B
| $6.93M | ﹤0.01% |
59,202
+3,719
| +7% | +$428K |
|
|
ORIT
1888
DELISTED
Oritani Financial Corp. New
ORIT
| $6.92M | ﹤0.01% |
406,096
-888
| -0.2% | -$15K |
|
1889
Alaunos Therapeutics
TCRT
$4.86M
| $6.92M | ﹤0.01% |
7,414
+638
| +9% | +$625K |
|
1890
Nutanix
NTNX
$16.9B
| $6.9M | ﹤0.01% |
342,425
+212,936
| +164% | +$3.72M |
|
|
FIT
1891
DELISTED
Fitbit, Inc. Class A common stock
FIT
| $6.9M | ﹤0.01% |
1,299,132
+320,670
| +33% | +$1.78M |
|
|
OSG
1892
Octave Specialty Group
OSG
$222M
| $6.9M | ﹤0.01% |
397,492
+33,163
| +9% | +$589K |
|
1893
TherapeuticsMD
TXMD
$24M
| $6.88M | ﹤0.01% |
26,132
+540
| +2% | +$135K |
|
|
ADSW
1894
DELISTED
Advanced Disposal Services Inc
ADSW
| $6.88M | ﹤0.01% |
302,819
+121,945
| +67% | +$2.81M |
|
1895
CBIZ
CBZ
$2.96B
| $6.87M | ﹤0.01% |
457,938
+27,259
| +6% | +$408K |
|
|
AGU
1896
DELISTED
Agrium
AGU
| $6.87M | ﹤0.01% |
76,231
+9,160
| +14% | +$846K |
|
1897
Pathward Financial
CASH
$1.8B
| $6.86M | ﹤0.01% |
231,384
+10,479
| +5% | +$304K |
|
1898
Washington Trust Bancorp
WASH
$741M
| $6.86M | ﹤0.01% |
133,156
+1,676
| +1% | +$83.5K |
|
|
BFS
1899
Saul Centers
BFS
$841M
| $6.86M | ﹤0.01% |
118,372
+3,623
| +3% | +$217K |
|
|
MCHB
1900
Mechanics Bancorp
MCHB
$3.68B
| $6.86M | ﹤0.01% |
247,989
+33,635
| +16% | +$915K |
|
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.