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 | |
|---|---|---|---|---|---|---|
2301
MarineMax
HZO
$788M
| $3.75M | ﹤0.01% |
191,977
+4,924
| +3% | +$96.3K |
|
|
FFWM
2302
DELISTED
First Foundation Inc
FFWM
| $3.75M | ﹤0.01% |
228,089
+5,022
| +2% | +$80K |
|
|
BKS
2303
DELISTED
Barnes & Noble
BKS
| $3.74M | ﹤0.01% |
492,750
+61,890
| +14% | +$485K |
|
2304
Axogen
AXGN
$2.5B
| $3.74M | ﹤0.01% |
223,566
+3,423
| +2% | +$46.2K |
|
|
EEX
2305
DELISTED
Emerald Holding
EEX
| $3.74M | ﹤0.01% |
+170,610
| New | +$3.63M |
|
|
OB
2306
DELISTED
Onebeacon Insurance Group Ltd
OB
| $3.73M | ﹤0.01% |
204,835
+9,582
| +5% | +$168K |
|
|
TEI
2307
Templeton Emerging Markets Income Fund
TEI
$321M
| $3.73M | ﹤0.01% |
332,652
+196,266
| +144% | +$2.23M |
|
2308
Costamare
CMRE
$1.77B
| $3.73M | ﹤0.01% |
510,375
+109,255
| +27% | +$764K |
|
2309
Comtech Telecommunications
CMTL
$51.8M
| $3.73M | ﹤0.01% |
196,405
+10,938
| +6% | +$169K |
|
|
LDR
2310
DELISTED
Landauer Inc
LDR
| $3.72M | ﹤0.01% |
71,176
+991
| +1% | +$51K |
|
|
CCRN
2311
DELISTED
Cross Country Healthcare
CCRN
| $3.71M | ﹤0.01% |
287,651
+18,656
| +7% | +$240K |
|
|
CDR
2312
DELISTED
Cedar Realty Trust, Inc
CDR
| $3.71M | ﹤0.01% |
115,974
+2,831
| +3% | +$96.1K |
|
|
ABTX
2313
DELISTED
Allegiance Bancshares
ABTX
| $3.71M | ﹤0.01% |
96,908
+3,035
| +3% | +$117K |
|
|
PGEM
2314
DELISTED
Ply Gem Holdings, Inc.
PGEM
| $3.71M | ﹤0.01% |
206,626
+143
| +0.1% | +$2.56K |
|
2315
Beazer Homes USA
BZH
$907M
| $3.7M | ﹤0.01% |
269,458
+18,439
| +7% | +$238K |
|
2316
Marcus & Millichap
MMI
$1.19B
| $3.69M | ﹤0.01% |
140,197
-7,897
| -5% | -$198K |
|
|
EXAC
2317
DELISTED
Exactech Inc
EXAC
| $3.69M | ﹤0.01% |
123,891
+2,787
| +2% | +$81.8K |
|
2318
Digimarc Corp
DMRC
$178M
| $3.68M | ﹤0.01% |
91,747
+9,337
| +11% | +$302K |
|
|
EVBG
2319
DELISTED
Everbridge, Inc. Common Stock
EVBG
| $3.68M | ﹤0.01% |
151,147
+45,364
| +43% | +$1.08M |
|
|
ENZ
2320
DELISTED
Enzo Biochem, Inc.
ENZ
| $3.68M | ﹤0.01% |
333,302
+42,183
| +14% | +$393K |
|
2321
Cato Corp
CATO
$66.1M
| $3.67M | ﹤0.01% |
208,361
-58,337
| -22% | -$1.19M |
|
2322
Bar Harbor Bankshares
BHB
$666M
| $3.66M | ﹤0.01% |
118,682
+8,142
| +7% | +$245K |
|
2323
Biglari Holdings Class B
BH
$1.21B
| $3.65M | ﹤0.01% |
13,692
+478
| +4% | +$131K |
|
2324
Bank of N.T. Butterfield & Son
NTB
$2.45B
| $3.64M | ﹤0.01% |
106,806
+65,066
| +156% | +$2.17M |
|
|
GNRT
2325
DELISTED
Gener8 Maritime, Inc.
GNRT
| $3.64M | ﹤0.01% |
639,928
+20,476
| +3% | +$110K |
|
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.