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 | |
|---|---|---|---|---|---|---|
|
LMOS
2401
DELISTED
Lumos Networks Corp
LMOS
| $3.21M | ﹤0.01% |
179,907
+5,120
| +3% | +$91.4K |
|
2402
Trupanion
TRUP
$1.18B
| $3.2M | ﹤0.01% |
142,945
+13,900
| +11% | +$251K |
|
2403
Myers Industries
MYE
$1.29B
| $3.2M | ﹤0.01% |
178,098
+11,943
| +7% | +$205K |
|
|
VWTR
2404
DELISTED
Vidler Water Resouces, Inc. Common Stock
VWTR
| $3.19M | ﹤0.01% |
182,587
+2,481
| +1% | +$40.6K |
|
2405
NVE Corp
NVEC
$609M
| $3.19M | ﹤0.01% |
41,479
+1,055
| +3% | +$84.2K |
|
|
INSY
2406
DELISTED
Insys Therapeutics, Inc.
INSY
| $3.19M | ﹤0.01% |
252,198
-52,846
| -17% | -$625K |
|
|
KMG
2407
DELISTED
KMG Chemicals Inc
KMG
| $3.19M | ﹤0.01% |
65,501
-8,666
| -12% | -$444K |
|
|
TGH
2408
DELISTED
Textainer Group Holdings limited
TGH
| $3.18M | ﹤0.01% |
219,631
+11,522
| +6% | +$151K |
|
|
SGY
2409
DELISTED
Stone Energy
SGY
| $3.18M | ﹤0.01% |
+173,010
| New | +$3.7M |
|
2410
Rockwell Medical
RMTI
$28.2M
| $3.18M | ﹤0.01% |
3,641
+262
| +8% | +$215K |
|
|
DFRG
2411
DELISTED
Del Frisco's Restaurant Group, Inc. Common Stock
DFRG
| $3.18M | ﹤0.01% |
197,278
+7
| +0% | +$121 |
|
2412
Lifecore Biomedical
LFCR
$190M
| $3.17M | ﹤0.01% |
213,810
+968
| +0.5% | +$13.5K |
|
|
MRLN
2413
DELISTED
Marlin Business Services Corp
MRLN
| $3.17M | ﹤0.01% |
126,226
-4,296
| -3% | -$108K |
|
|
BOLD
2414
DELISTED
Audentes Therapeutics, Inc
BOLD
| $3.17M | ﹤0.01% |
165,783
+121,363
| +273% | +$1.94M |
|
2415
VEON
VEON
$3.95B
| $3.16M | ﹤0.01% |
32,306
+4,026
| +14% | +$397K |
|
2416
A10 Networks
ATEN
$1.95B
| $3.15M | ﹤0.01% |
373,673
+16,107
| +5% | +$137K |
|
2417
Daktronics
DAKT
$1.04B
| $3.15M | ﹤0.01% |
327,032
+26,286
| +9% | +$248K |
|
2418
Okta
OKTA
$25.8B
| $3.14M | ﹤0.01% |
+137,831
| New | +$3.41M |
|
|
CSBK
2419
DELISTED
Clifton Bancorp Inc.
CSBK
| $3.14M | ﹤0.01% |
190,068
+808
| +0.4% | +$13.2K |
|
2420
Icon
ICLR
$12.7B
| $3.14M | ﹤0.01% |
32,097
+3,320
| +12% | +$294K |
|
2421
Carriage Services
CSV
$569M
| $3.13M | ﹤0.01% |
116,287
+1,096
| +1% | +$29.4K |
|
|
CRC
2422
DELISTED
California Resources Corporation
CRC
| $3.13M | ﹤0.01% |
365,512
+75,164
| +26% | +$884K |
|
2423
CVR Energy
CVI
$3.13B
| $3.12M | ﹤0.01% |
143,430
+24,627
| +21% | +$505K |
|
|
DX
2424
Dynex Capital
DX
$3.21B
| $3.11M | ﹤0.01% |
146,230
-346
| -0.2% | -$7.23K |
|
2425
Nicolet Bankshares
NIC
$3.62B
| $3.11M | ﹤0.01% |
56,845
+6,060
| +12% | +$305K |
|
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.