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 | |
|---|---|---|---|---|---|---|
201
Williams Companies
WMB
$87.8B
| $262M | 0.1% |
8,654,115
-220,467
| -2% | -$6.57M |
|
|
202
Hewlett Packard
HPE
$70.5B
| $260M | 0.1% |
20,220,525
-6,661,387
| -25% | -$92.7M |
|
203
Zimmer Biomet
ZBH
$19B
| $258M | 0.1% |
2,069,727
+93,246
| +5% | +$11.1M |
|
204
Newell Brands
NWL
$2.63B
| $257M | 0.1% |
4,803,856
+274,350
| +6% | +$13.9M |
|
205
Illumina
ILMN
$30.2B
| $257M | 0.1% |
1,524,935
+26,038
| +2% | +$4.51M |
|
206
American Airlines Group
AAL
$11B
| $255M | 0.1% |
5,072,192
-224,844
| -4% | -$10.5M |
|
207
PPG Industries
PPG
$26.5B
| $255M | 0.1% |
2,321,524
-209,694
| -8% | -$22.7M |
|
208
Consolidated Edison
ED
$40B
| $254M | 0.1% |
3,146,020
+74,158
| +2% | +$5.99M |
|
|
PXD
209
DELISTED
Pioneer Natural Resource Co.
PXD
| $253M | 0.1% |
1,589,242
+11,006
| +0.7% | +$1.88M |
|
210
Edison International
EIX
$26.3B
| $253M | 0.1% |
3,240,648
+60,011
| +2% | +$4.81M |
|
211
M&T Bank
MTB
$36.4B
| $251M | 0.1% |
1,551,789
+39,152
| +3% | +$6.18M |
|
212
Trane Technologies
TT
$106B
| $251M | 0.1% |
2,749,568
+46,228
| +2% | +$4.06M |
|
213
Lam Research
LRCX
$385B
| $250M | 0.1% |
17,733,430
+302,440
| +2% | +$4.43M |
|
214
Progressive
PGR
$124B
| $248M | 0.1% |
5,625,623
-129,536
| -2% | -$5.38M |
|
215
Cardinal Health
CAH
$56B
| $247M | 0.1% |
3,178,057
+316,539
| +11% | +$23.9M |
|
216
PACCAR
PCAR
$70.2B
| $246M | 0.1% |
5,601,407
+139,100
| +3% | +$6.01M |
|
217
Amphenol
APH
$212B
| $242M | 0.1% |
13,137,456
+433,572
| +3% | +$7.91M |
|
218
Alibaba
BABA
$308B
| $242M | 0.1% |
1,724,351
+213,145
| +14% | +$26.3M |
|
|
APC
219
DELISTED
Anadarko Petroleum
APC
| $238M | 0.09% |
5,250,241
+58,163
| +1% | +$3.09M |
|
220
Xcel Energy
XEL
$48.2B
| $237M | 0.09% |
5,167,365
+103,671
| +2% | +$4.77M |
|
|
BHI
221
DELISTED
Baker Hughes
BHI
| $236M | 0.09% |
4,336,409
+30,626
| +0.7% | +$1.76M |
|
222
Rockwell Automation
ROK
$50.1B
| $235M | 0.09% |
1,455,861
+49,529
| +4% | +$7.81M |
|
223
HCA Healthcare
HCA
$88.7B
| $234M | 0.09% |
2,685,838
+37,488
| +1% | +$3.17M |
|
224
Public Service Enterprise Group
PEG
$37.7B
| $233M | 0.09% |
5,422,176
-19,147
| -0.4% | -$846K |
|
225
O'Reilly Automotive
ORLY
$76.3B
| $233M | 0.09% |
15,981,630
+223,590
| +1% | +$3.65M |
|
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.