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 | |
|---|---|---|---|---|---|---|
2326
BioCryst Pharmaceuticals
BCRX
$2.4B
| $3.64M | ﹤0.01% |
654,584
-118,531
| -15% | -$722K |
|
2327
CytomX Therapeutics
CTMX
$754M
| $3.64M | ﹤0.01% |
234,763
+26,053
| +12% | +$393K |
|
|
TAST
2328
DELISTED
Carrols Restaurant Group, Inc.
TAST
| $3.64M | ﹤0.01% |
296,917
+1,565
| +0.5% | +$20.5K |
|
|
ALTA
2329
DELISTED
Altabancorp
ALTA
| $3.64M | ﹤0.01% |
135,703
+3,538
| +3% | +$92.8K |
|
|
FNHC
2330
DELISTED
FedNat Holding Company Common Stock
FNHC
| $3.63M | ﹤0.01% |
227,153
-34,337
| -13% | -$547K |
|
2331
TRI-Continental Corp
TY
$1.9B
| $3.63M | ﹤0.01% |
149,050
+11,292
| +8% | +$269K |
|
2332
Bassett Furniture
BSET
$176M
| $3.62M | ﹤0.01% |
95,327
+598
| +0.6% | +$17.9K |
|
2333
OFG Bancorp
OFG
$2.21B
| $3.62M | ﹤0.01% |
361,569
+19,201
| +6% | +$202K |
|
2334
iShares MSCI India ETF
INDA
$6.63B
| – | – |
0
| – | – |
|
|
SSNI
2335
DELISTED
Silver Spring Networks, Inc.
SSNI
| $3.61M | ﹤0.01% |
319,734
+14,312
| +5% | +$155K |
|
2336
Geron
GERN
$949M
| $3.6M | ﹤0.01% |
1,299,615
+87,401
| +7% | +$232K |
|
|
COWN
2337
DELISTED
Cowen Inc. Class A Common Stock
COWN
| $3.59M | ﹤0.01% |
220,792
-10,910
| -5% | -$163K |
|
2338
LeMaitre Vascular
LMAT
$1.86B
| $3.58M | ﹤0.01% |
114,609
+6,960
| +6% | +$201K |
|
2339
Financial Institutions
FISI
$821M
| $3.57M | ﹤0.01% |
119,688
-3,476
| -3% | -$110K |
|
2340
Logitech
LOGI
$15.2B
| $3.56M | ﹤0.01% |
97,240
+11,081
| +13% | +$384K |
|
|
WMC
2341
DELISTED
Western Asset Mortgage Capital Corporation
WMC
| $3.56M | ﹤0.01% |
34,565
+1,886
| +6% | +$194K |
|
|
ITCI
2342
DELISTED
Intra-Cellular Therapies Inc.
ITCI
| $3.56M | ﹤0.01% |
286,530
+15,748
| +6% | +$183K |
|
2343
Tredegar Corp
TG
$310M
| $3.54M | ﹤0.01% |
232,163
+2,672
| +1% | +$43.4K |
|
2344
Acushnet Holdings
GOLF
$5.45B
| $3.54M | ﹤0.01% |
178,353
+4,275
| +2% | +$80.1K |
|
|
SHLD
2345
DELISTED
Sears Holding Corporation
SHLD
| $3.54M | ﹤0.01% |
399,239
+44,616
| +13% | +$417K |
|
|
KEYW
2346
DELISTED
The KEYW Holding Corporation
KEYW
| $3.52M | ﹤0.01% |
376,258
+28,473
| +8% | +$259K |
|
|
UCFC
2347
DELISTED
United Community Financial Corp
UCFC
| $3.52M | ﹤0.01% |
423,099
+24,257
| +6% | +$202K |
|
|
DSKE
2348
DELISTED
Daseke, Inc. Common Stock
DSKE
| $3.51M | ﹤0.01% |
315,864
+53,448
| +20% | +$532K |
|
2349
American Vanguard Corp
AVD
$68.9M
| $3.51M | ﹤0.01% |
203,412
+12,017
| +6% | +$207K |
|
|
CHUY
2350
DELISTED
Chuy's Holdings, Inc. Common Stock
CHUY
| $3.51M | ﹤0.01% |
149,883
+3,228
| +2% | +$89.1K |
|
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.