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 | |
|---|---|---|---|---|---|---|
1976
ASML
ASML
$669B
| $6.22M | ﹤0.01% |
47,728
+8,485
| +22% | +$1.12M |
|
1977
Middlesex Water
MSEX
$1.1B
| $6.21M | ﹤0.01% |
156,803
+4,409
| +3% | +$165K |
|
1978
Preferred Bank
PFBC
$1.25B
| $6.2M | ﹤0.01% |
115,987
+4,189
| +4% | +$216K |
|
|
TTSH
1979
DELISTED
Tile Shop Holdings
TTSH
| $6.2M | ﹤0.01% |
300,180
+15,120
| +5% | +$307K |
|
|
CNR
1980
DELISTED
Cornerstone Building Brands, Inc.
CNR
| $6.19M | ﹤0.01% |
370,790
+9,788
| +3% | +$166K |
|
1981
Cimpress
CMPR
$2.31B
| $6.19M | ﹤0.01% |
65,462
+7,013
| +12% | +$619K |
|
1982
Movado Group
MOV
$841M
| $6.18M | ﹤0.01% |
244,622
-26,466
| -10% | -$611K |
|
1983
Dime Commercial Bancshares
DCOM
$1.78B
| $6.17M | ﹤0.01% |
185,248
+8,396
| +5% | +$288K |
|
1984
Anika Therapeutics
ANIK
$287M
| $6.16M | ﹤0.01% |
124,913
+7,877
| +7% | +$363K |
|
|
KERX
1985
DELISTED
Keryx Biopharmaceuticals Inc
KERX
| $6.16M | ﹤0.01% |
852,162
+43,375
| +5% | +$271K |
|
1986
Materion
MTRN
$6.04B
| $6.15M | ﹤0.01% |
164,551
+3,893
| +2% | +$137K |
|
|
CAMP
1987
DELISTED
CalAmp Corp.
CAMP
| $6.14M | ﹤0.01% |
13,142
+178
| +1% | +$75.5K |
|
|
HTZ
1988
DELISTED
Hertz Global Holdings, Inc.
HTZ
| $6.13M | ﹤0.01% |
614,012
-4,703
| -0.8% | -$50.6K |
|
|
CCC
1989
DELISTED
Calgon Carbon Corp
CCC
| $6.12M | ﹤0.01% |
405,271
-2,371
| -0.6% | -$33.8K |
|
|
FPO
1990
DELISTED
First Potomac Realty Trust
FPO
| $6.11M | ﹤0.01% |
550,212
+33,584
| +7% | +$365K |
|
1991
Travere Therapeutics
TVTX
$5.78B
| $6.08M | ﹤0.01% |
313,837
-20,157
| -6% | -$366K |
|
|
CSR
1992
Centerspace
CSR
$952M
| $6.07M | ﹤0.01% |
97,767
+5,819
| +6% | +$351K |
|
1993
Weis Markets
WMK
$1.86B
| $6.06M | ﹤0.01% |
124,461
+2,310
| +2% | +$127K |
|
1994
Genesco
GCO
$422M
| $6.05M | ﹤0.01% |
178,499
-9,939
| -5% | -$444K |
|
1995
BlackBerry
BB
$5.26B
| $6.04M | ﹤0.01% |
606,572
+85,054
| +16% | +$836K |
|
|
ADAM
1996
Adamas Trust
ADAM
$883M
| $6.04M | ﹤0.01% |
242,583
+12,890
| +6% | +$324K |
|
1997
Globalstar
GSAT
$10.8B
| $6.03M | ﹤0.01% |
188,773
+9,778
| +5% | +$295K |
|
1998
Gogo Inc
GOGO
$492M
| $6.01M | ﹤0.01% |
521,634
+43,508
| +9% | +$529K |
|
1999
Forestar Group
FOR
$1.51B
| $5.99M | ﹤0.01% |
349,372
+81,907
| +31% | +$1.22M |
|
|
LION
2000
DELISTED
Fidelity Southern Corporation
LION
| $5.98M | ﹤0.01% |
261,494
+6,545
| +3% | +$145K |
|
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.