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 | |
|---|---|---|---|---|---|---|
2001
HealthStream
HSTM
$840M
| $5.97M | ﹤0.01% |
226,999
+17,347
| +8% | +$477K |
|
|
PHH
2002
DELISTED
PHH Corporation
PHH
| $5.97M | ﹤0.01% |
433,899
+10,992
| +3% | +$147K |
|
2003
Ingles Markets
IMKTA
$1.67B
| $5.93M | ﹤0.01% |
178,029
+8,570
| +5% | +$340K |
|
|
ANH
2004
DELISTED
Anworth Mortgage Asset Corporation
ANH
| $5.92M | ﹤0.01% |
985,339
-85,721
| -8% | -$507K |
|
|
WUBA
2005
DELISTED
58.com Inc
WUBA
| $5.91M | ﹤0.01% |
134,721
+30,134
| +29% | +$1.24M |
|
2006
Douglas Dynamics
PLOW
$1.02B
| $5.91M | ﹤0.01% |
179,544
+4,065
| +2% | +$126K |
|
|
AKAO
2007
DELISTED
Achaogen Inc
AKAO
| $5.89M | ﹤0.01% |
271,240
+105,185
| +63% | +$2.4M |
|
|
GTY
2008
Getty Realty Corp
GTY
$2.07B
| $5.89M | ﹤0.01% |
234,623
+5,735
| +3% | +$147K |
|
2009
Tootsie Roll Industries
TR
$2.98B
| $5.89M | ﹤0.01% |
220,418
-4,867
| -2% | -$135K |
|
2010
PJT Partners
PJT
$4.38B
| $5.86M | ﹤0.01% |
145,591
+3,535
| +2% | +$132K |
|
|
UPL
2011
DELISTED
Ultra Petroleum Corp. Common Stock
UPL
| $5.85M | ﹤0.01% |
+539,284
| New | +$6.09M |
|
2012
Koppers
KOP
$969M
| $5.85M | ﹤0.01% |
161,762
+9,516
| +6% | +$367K |
|
|
TDAY
2013
USA Today Co
TDAY
$1.06B
| $5.84M | ﹤0.01% |
433,022
+21,961
| +5% | +$293K |
|
2014
Varonis Systems
VRNS
$5B
| $5.83M | ﹤0.01% |
470,619
+59,301
| +14% | +$679K |
|
2015
Golar LNG
GLNG
$5.13B
| $5.82M | ﹤0.01% |
261,782
+28,543
| +12% | +$716K |
|
2016
Team
TISI
$77.7M
| $5.81M | ﹤0.01% |
24,797
+1,487
| +6% | +$382K |
|
2017
Interparfums
IPAR
$3.94B
| $5.81M | ﹤0.01% |
158,457
+9,471
| +6% | +$340K |
|
|
SGBK
2018
DELISTED
Stonegate Bank
SGBK
| $5.81M | ﹤0.01% |
125,767
-3,693
| -3% | -$169K |
|
|
HSKA
2019
DELISTED
Heska Corp
HSKA
| $5.8M | ﹤0.01% |
56,790
+2,709
| +5% | +$267K |
|
|
BFX
2020
DELISTED
BowFlex Inc.
BFX
| $5.79M | ﹤0.01% |
302,551
-8,162
| -3% | -$147K |
|
2021
Camden National
CAC
$976M
| $5.77M | ﹤0.01% |
134,583
+4,561
| +4% | +$193K |
|
2022
Advanced Drainage Systems
WMS
$10.9B
| $5.76M | ﹤0.01% |
286,793
+6,960
| +2% | +$150K |
|
|
PRFT
2023
DELISTED
Perficient Inc
PRFT
| $5.76M | ﹤0.01% |
308,897
+34,519
| +13% | +$597K |
|
2024
LGI Homes
LGIH
$1.4B
| $5.75M | ﹤0.01% |
142,988
+7,983
| +6% | +$268K |
|
2025
Quanex
NX
$1.01B
| $5.72M | ﹤0.01% |
270,638
+6,475
| +2% | +$131K |
|
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.