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 | |
|---|---|---|---|---|---|---|
|
SYNT
1951
DELISTED
Syntel Inc
SYNT
| $6.42M | ﹤0.01% |
378,586
-39,205
| -9% | -$681K |
|
|
MEET
1952
DELISTED
The Meet Group, Inc. Common Stock
MEET
| $6.41M | ﹤0.01% |
1,268,944
+180,737
| +17% | +$938K |
|
|
SGMO
1953
DELISTED
SANGAMO THERAPEUTICS INC
SGMO
| $6.4M | ﹤0.01% |
727,615
+93,651
| +15% | +$601K |
|
1954
Modine Manufacturing
MOD
$10.4B
| $6.4M | ﹤0.01% |
386,694
+14,762
| +4% | +$201K |
|
|
ORBC
1955
DELISTED
ORBCOMM, Inc.
ORBC
| $6.4M | ﹤0.01% |
566,248
+46,431
| +9% | +$469K |
|
|
BMTC
1956
DELISTED
Bryn Mawr Bank Corp
BMTC
| $6.39M | ﹤0.01% |
150,443
+2,956
| +2% | +$122K |
|
1957
Match Group
MTCH
$8.55B
| $6.36M | ﹤0.01% |
366,070
+34,638
| +10% | +$635K |
|
1958
Virtus Investment Partners
VRTS
$1.1B
| $6.34M | ﹤0.01% |
57,185
+9,205
| +19% | +$976K |
|
1959
Flex
FLEX
$44.8B
| $6.33M | ﹤0.01% |
517,213
+98,185
| +23% | +$1.22M |
|
|
TRST
1960
Trustco Bank Corp NY
TRST
$938M
| $6.33M | ﹤0.01% |
163,267
+7,662
| +5% | +$297K |
|
|
NWLI
1961
DELISTED
National Western Life Group, Inc. Class A
NWLI
| $6.33M | ﹤0.01% |
19,792
+851
| +4% | +$265K |
|
1962
AngioDynamics
ANGO
$649M
| $6.32M | ﹤0.01% |
389,831
+23,683
| +6% | +$374K |
|
|
RDUS
1963
DELISTED
Radius Recycling
RDUS
| $6.32M | ﹤0.01% |
250,714
-14,767
| -6% | -$292K |
|
1964
Infosys
INFY
$50.7B
| $6.31M | ﹤0.01% |
845,694
| – | – |
|
1965
Green Plains
GPRE
$1.03B
| $6.29M | ﹤0.01% |
306,318
+14,730
| +5% | +$336K |
|
1966
NN Inc
NNBR
$311M
| $6.29M | ﹤0.01% |
229,231
+11,521
| +5% | +$319K |
|
|
DEL
1967
DELISTED
Deltic Timber
DEL
| $6.28M | ﹤0.01% |
84,157
+2,104
| +3% | +$155K |
|
1968
MasterCraft Boat Holdings
MCFT
$590M
| $6.27M | ﹤0.01% |
320,571
+38,591
| +14% | +$691K |
|
|
GES
1969
DELISTED
Guess Inc
GES
| $6.26M | ﹤0.01% |
490,233
+9,964
| +2% | +$112K |
|
1970
Laureate Education
LAUR
$5.28B
| $6.25M | ﹤0.01% |
356,429
+1,389
| +0.4% | +$22K |
|
|
DHIL
1971
DELISTED
Diamond Hill
DHIL
| $6.24M | ﹤0.01% |
31,298
-802
| -2% | -$160K |
|
1972
Schneider National
SNDR
$6.25B
| $6.24M | ﹤0.01% |
+278,874
| New | +$5.51M |
|
1973
German American Bancorp
GABC
$1.9B
| $6.23M | ﹤0.01% |
182,824
+9,257
| +5% | +$297K |
|
1974
Helix Energy Solutions
HLX
$1.41B
| $6.23M | ﹤0.01% |
1,104,615
+28,945
| +3% | +$175K |
|
|
WWE
1975
DELISTED
World Wrestling Entertainment
WWE
| $6.22M | ﹤0.01% |
305,610
+9,969
| +3% | +$206K |
|
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.