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 | |
|---|---|---|---|---|---|---|
|
CLDT
2026
Chatham Lodging
CLDT
$586M
| $5.72M | ﹤0.01% |
284,522
+6,697
| +2% | +$132K |
|
|
ACIA
2027
DELISTED
Acacia Communications Inc
ACIA
| $5.7M | ﹤0.01% |
137,429
+29,756
| +28% | +$1.43M |
|
2028
Amphastar Pharmaceuticals
AMPH
$916M
| $5.7M | ﹤0.01% |
319,031
-41,047
| -11% | -$651K |
|
|
RUTH
2029
DELISTED
Ruth's Hospitality Group, Inc.
RUTH
| $5.69M | ﹤0.01% |
261,652
+1,945
| +0.7% | +$41K |
|
2030
Independence Realty Trust
IRT
$4.07B
| $5.68M | ﹤0.01% |
575,114
+30,589
| +6% | +$291K |
|
|
VCRA
2031
DELISTED
VOCERA COMMUNICATIONS, INC.
VCRA
| $5.67M | ﹤0.01% |
214,758
+12,003
| +6% | +$307K |
|
2032
US Physical Therapy
USPH
$1.22B
| $5.67M | ﹤0.01% |
93,846
+2,537
| +3% | +$162K |
|
|
AD
2033
Array Digital Infrastructure
AD
$3.05B
| $5.66M | ﹤0.01% |
147,810
+5,577
| +4% | +$216K |
|
|
UBA
2034
DELISTED
Urstadt Biddle Properties Inc. Class A
UBA
| $5.66M | ﹤0.01% |
286,020
+3,180
| +1% | +$62.6K |
|
|
ASRT
2035
DELISTED
Assertio
ASRT
| $5.66M | ﹤0.01% |
8,778
+278
| +3% | +$185K |
|
|
PIR
2036
DELISTED
Pier 1 Imports, Inc.
PIR
| $5.64M | ﹤0.01% |
54,378
+17,121
| +46% | +$2.07M |
|
2037
iShares Core S&P Small-Cap ETF
IJR
$112B
| – | – |
0
| – | – |
|
|
DPLO
2038
DELISTED
DIPLOMAT PHARMACY, INC.
DPLO
| $5.64M | ﹤0.01% |
380,873
+56,679
| +17% | +$945K |
|
2039
Alarm.com
ALRM
$2.85B
| $5.63M | ﹤0.01% |
149,753
+24,150
| +19% | +$809K |
|
|
FMI
2040
DELISTED
Foundation Medicine, Inc.
FMI
| $5.62M | ﹤0.01% |
141,473
+1,291
| +0.9% | +$47.3K |
|
2041
Virtu Financial
VIRT
$4.93B
| $5.62M | ﹤0.01% |
318,280
+374
| +0.1% | +$6.09K |
|
2042
Marten Transport
MRTN
$1.22B
| $5.61M | ﹤0.01% |
511,850
+15,117
| +3% | +$151K |
|
2043
NMI Holdings
NMIH
$3.36B
| $5.58M | ﹤0.01% |
487,529
+36,536
| +8% | +$411K |
|
2044
QCR Holdings
QCRH
$1.7B
| $5.57M | ﹤0.01% |
117,509
-759
| -0.6% | -$34.2K |
|
2045
KRONOS Worldwide
KRO
$989M
| $5.56M | ﹤0.01% |
305,064
+135,237
| +80% | +$2.4M |
|
|
HEES
2046
DELISTED
H&E Equipment Services
HEES
| $5.55M | ﹤0.01% |
271,763
+13,216
| +5% | +$277K |
|
2047
Agnico Eagle Mines
AEM
$90.5B
| $5.53M | ﹤0.01% |
123,535
-96,065
| -44% | -$4.51M |
|
2048
Cass Information Systems
CASS
$743M
| $5.53M | ﹤0.01% |
111,203
+6,585
| +6% | +$322K |
|
|
DEA
2049
Easterly Government Properties
DEA
$1.18B
| $5.52M | ﹤0.01% |
105,470
+6,157
| +6% | +$315K |
|
2050
Kinsale Capital Group
KNSL
$8.51B
| $5.51M | ﹤0.01% |
147,789
+61,298
| +71% | +$2.15M |
|
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.