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 |
DuPont de Nemours
DD
|
+$744M |
| 2 |
Baker Hughes
BKR
|
+$156M |
| 3 |
Walt Disney
DIS
|
+$130M |
| 4 |
Meta Platforms (Facebook)
META
|
+$124M |
| 5 |
Apple
AAPL
|
+$117M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
DD
Du Pont De Nemours E I
DD
|
+$658M |
| 2 |
RAI
Reynolds American Inc
RAI
|
+$502M |
| 3 |
BHI
Baker Hughes
BHI
|
+$236M |
| 4 |
WFM
Whole Foods Market Inc
WFM
|
+$155M |
| 5 |
SPLS
Staples Inc
SPLS
|
+$73.3M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 16.32% |
| 2 | Financials | 16.15% |
| 3 | Healthcare | 13.87% |
| 4 | Industrials | 10.5% |
| 5 | Consumer Discretionary | 9.29% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
2526
BRC Group Holdings
RILY
$288M
| $2.74M | ﹤0.01% |
160,511
+6,545
| +4% | +$114K |
|
2527
Select Water Solutions
WTTR
$2.3B
| $2.73M | ﹤0.01% |
171,599
+64,152
| +60% | +$929K |
|
2528
Powell Industries
POWL
$7.6B
| $2.72M | ﹤0.01% |
272,586
+16,056
| +6% | +$163K |
|
2529
TETRA Technologies
TTI
$1.14B
| $2.72M | ﹤0.01% |
949,927
+17,991
| +2% | +$44.1K |
|
2530
State Street SPDR S&P Dividend ETF
SDY
$21.7B
| – | – |
0
| – | – |
|
|
LGTY
2531
DELISTED
Logility Supply Chain Solutions, Inc. Common Stock
LGTY
| $2.71M | ﹤0.01% |
238,878
+16,681
| +8% | +$170K |
|
2532
Anterix
ATEX
$1.81B
| $2.7M | ﹤0.01% |
90,655
+838
| +0.9% | +$22.9K |
|
|
AYX
2533
DELISTED
Alteryx Inc
AYX
| $2.69M | ﹤0.01% |
132,230
+27,511
| +26% | +$583K |
|
|
ADMS
2534
DELISTED
Adamas Pharmaceuticals
ADMS
| $2.69M | ﹤0.01% |
127,044
+690
| +0.5% | +$12.6K |
|
2535
PennyMac Financial
PFSI
$3.92B
| $2.68M | ﹤0.01% |
150,817
+2,586
| +2% | +$44.6K |
|
2536
Arrowhead Research
ARWR
$11.9B
| $2.68M | ﹤0.01% |
619,730
+60,003
| +11% | +$143K |
|
2537
Rigel Pharmaceuticals
RIGL
$681M
| $2.67M | ﹤0.01% |
105,350
+2,213
| +2% | +$53.8K |
|
|
RSO
2538
DELISTED
Resource Capital Corp.
RSO
| $2.67M | ﹤0.01% |
247,982
+3,729
| +2% | +$38.4K |
|
|
BELFB
2539
Bel Fuse Inc Class B
BELFB
$3.87B
| $2.67M | ﹤0.01% |
85,563
-2,056
| -2% | -$54.2K |
|
|
BBG
2540
DELISTED
Bill Barrett Corp
BBG
| $2.67M | ﹤0.01% |
621,468
+16,674
| +3% | +$55.3K |
|
2541
Altisource Portfolio Solutions
ASPS
$63.6M
| $2.67M | ﹤0.01% |
12,881
+125
| +1% | +$23.3K |
|
|
MOFG
2542
DELISTED
MidWestOne Financial Group
MOFG
| $2.67M | ﹤0.01% |
78,959
+3,295
| +4% | +$111K |
|
2543
Seneca Foods Class A
SENEA
$1.12B
| $2.66M | ﹤0.01% |
77,208
-825
| -1% | -$24.5K |
|
2544
Corbus Pharmaceuticals
CRBP
$166M
| $2.65M | ﹤0.01% |
12,379
+2,950
| +31% | +$577K |
|
|
AAIC
2545
DELISTED
Arlington Asset Investment Corp.
AAIC
| $2.65M | ﹤0.01% |
208,413
+18,427
| +10% | +$243K |
|
|
NVTA
2546
DELISTED
Invitae Corporation
NVTA
| $2.64M | ﹤0.01% |
281,769
+23,577
| +9% | +$224K |
|
2547
Donegal Group Class A
DGICA
$731M
| $2.63M | ﹤0.01% |
163,364
-4,684
| -3% | -$72K |
|
2548
Equity Bancshares
EQBK
$1.04B
| $2.63M | ﹤0.01% |
74,003
+18,884
| +34% | +$641K |
|
2549
BP
BP
$116B
| $2.63M | ﹤0.01% |
75,781
+3,316
| +5% | +$105K |
|
|
GOLD
2550
DELISTED
Randgold Resources Ltd
GOLD
| $2.62M | ﹤0.01% |
26,827
+1,302
| +5% | +$125K |
|
Similar funds
Geode Capital Management's Q3 2017 Portfolio in Review
As of Q3 2017, Geode Capital Management held 4,158 positions worth $271B, up 6.5% from $254B the previous quarter. Its ten largest holdings account for 16% of the portfolio.
Trading was light in Q3 2017: portfolio turnover was 4.7%. Geode Capital Management opened 87 new positions and exited 109, leaving the 4,158-position portfolio largely intact.
By sector, the portfolio is most concentrated in Technology at 16% of assets, up from 16% a quarter earlier, followed by Financials and Healthcare.
- Geode Capital Management's largest Q3 2017 buy was Baker Hughes: 4,388,225 shares worth $160M.
- Geode Capital Management added most to DuPont de Nemours in Q3 2017, an estimated $744M increase.
- Geode Capital Management's biggest Q3 2017 reduction was Hewlett Packard, cutting an estimated $61.7M.
- Geode Capital Management fully exited Du Pont De Nemours E I in Q3 2017, selling an estimated $658M.
- Geode Capital Management's ten largest holdings make up 16% of its $271B portfolio in Q3 2017.
- Geode Capital Management opened 87 new positions and closed 109 in Q3 2017.
- Geode Capital Management's portfolio value rose 6.5% quarter-over-quarter to $271B.
Based on Geode Capital Management's 13F filing for Q3 2017, filed 14 Nov 2017.