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 | |
|---|---|---|---|---|---|---|
|
FMSA
2101
DELISTED
Fairmount Santrol Holdings Inc.
FMSA
| $5.08M | ﹤0.01% |
1,303,237
+270,696
| +26% | +$1.4M |
|
|
IMGN
2102
DELISTED
Immunogen Inc
IMGN
| $5.07M | ﹤0.01% |
713,190
+34,847
| +5% | +$159K |
|
|
RVNC
2103
DELISTED
Revance Therapeutics, Inc.
RVNC
| $5.07M | ﹤0.01% |
191,891
+13,456
| +8% | +$300K |
|
2104
BlackLine
BL
$1.72B
| $5.05M | ﹤0.01% |
141,275
+20,138
| +17% | +$667K |
|
|
HDP
2105
DELISTED
Hortonworks, Inc.
HDP
| $5.04M | ﹤0.01% |
391,457
+26,907
| +7% | +$323K |
|
2106
Greenlight Captial
GLRE
$506M
| $5.04M | ﹤0.01% |
241,061
+2,673
| +1% | +$55.8K |
|
2107
Magnolia Oil & Gas
MGY
$5.94B
| $5.03M | ﹤0.01% |
+500,000
| New | +$5.01M |
|
|
BNFT
2108
DELISTED
Benefitfocus, Inc.
BNFT
| $5.02M | ﹤0.01% |
138,160
+16,231
| +13% | +$521K |
|
2109
Peoples Bancorp
PEBO
$1.47B
| $5.01M | ﹤0.01% |
156,075
+3,880
| +3% | +$125K |
|
2110
MacroGenics
MGNX
$257M
| $4.99M | ﹤0.01% |
284,972
+24,302
| +9% | +$464K |
|
|
EIGI
2111
DELISTED
Endurance International Group Holdings, Inc.
EIGI
| $4.97M | ﹤0.01% |
595,344
+51,242
| +9% | +$397K |
|
|
RATE
2112
DELISTED
Bankrate Inc
RATE
| $4.97M | ﹤0.01% |
386,701
+8,658
| +2% | +$92.9K |
|
2113
First Financial Corp
THFF
$969M
| $4.95M | ﹤0.01% |
104,617
+5,817
| +6% | +$275K |
|
2114
Federal Agricultural Mortgage
AGM
$2.56B
| $4.94M | ﹤0.01% |
76,310
+6,000
| +9% | +$363K |
|
|
AIMT
2115
DELISTED
Aimmune Therapeutics
AIMT
| $4.93M | ﹤0.01% |
239,694
+32,484
| +16% | +$620K |
|
|
ACHN
2116
DELISTED
Achillion Pharmaceuticals
ACHN
| $4.92M | ﹤0.01% |
1,073,029
+70,245
| +7% | +$282K |
|
2117
MYR Group
MYRG
$5.25B
| $4.92M | ﹤0.01% |
158,520
-15,662
| -9% | -$537K |
|
2118
Crocs
CROX
$6.55B
| $4.91M | ﹤0.01% |
637,191
+17,116
| +3% | +$115K |
|
2119
Enanta Pharmaceuticals
ENTA
$400M
| $4.91M | ﹤0.01% |
136,420
+15,851
| +13% | +$507K |
|
2120
Enova International
ENVA
$6.29B
| $4.89M | ﹤0.01% |
329,288
-14,623
| -4% | -$207K |
|
|
LORL
2121
DELISTED
Loral Space and Communications, Inc.
LORL
| $4.88M | ﹤0.01% |
117,347
+11,392
| +11% | +$449K |
|
2122
Insteel Industries
IIIN
$625M
| $4.87M | ﹤0.01% |
147,715
+1,573
| +1% | +$52.5K |
|
2123
Titan International
TWI
$475M
| $4.87M | ﹤0.01% |
405,386
+73,106
| +22% | +$788K |
|
|
PGTI
2124
DELISTED
PGT, Inc.
PGTI
| $4.87M | ﹤0.01% |
380,331
+22,587
| +6% | +$259K |
|
2125
John B. Sanfilippo & Son
JBSS
$972M
| $4.86M | ﹤0.01% |
77,022
+1,944
| +3% | +$130K |
|
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.