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 | |
|---|---|---|---|---|---|---|
|
HNH
2901
DELISTED
Handy & Harman Holdings Ltd.
HNH
| $1.43M | ﹤0.01% |
43,917
+169
| +0.4% | +$5.5K |
|
2902
Tiptree Inc
TIPT
$662M
| $1.42M | ﹤0.01% |
227,944
+4,158
| +2% | +$27.2K |
|
2903
Viper Energy
VNOM
$8.71B
| $1.42M | ﹤0.01% |
76,023
+11,523
| +18% | +$195K |
|
|
CASC
2904
DELISTED
Cascadian Therapeutics, Inc.
CASC
| $1.42M | ﹤0.01% |
346,602
+40,423
| +13% | +$155K |
|
2905
Eastern Company
EML
$143M
| $1.42M | ﹤0.01% |
49,362
+10,406
| +27% | +$289K |
|
2906
Descartes Systems
DSGX
$6.44B
| $1.41M | ﹤0.01% |
51,871
+484
| +0.9% | +$12.8K |
|
|
HBMD
2907
DELISTED
Howard Bancorp, Inc. Common Stock
HBMD
| $1.41M | ﹤0.01% |
67,652
+20,303
| +43% | +$397K |
|
|
FOGO
2908
DELISTED
Fogo de Chao, Inc. Common Stock
FOGO
| $1.41M | ﹤0.01% |
113,974
+13,244
| +13% | +$172K |
|
|
NPTN
2909
DELISTED
NEOPHOTONICS CORP
NPTN
| $1.41M | ﹤0.01% |
253,414
+17,708
| +8% | +$119K |
|
2910
IES Holdings
IESC
$14.8B
| $1.4M | ﹤0.01% |
81,185
+3,308
| +4% | +$55K |
|
|
IMH
2911
DELISTED
Impac Mortgage Holdings Inc.
IMH
| $1.4M | ﹤0.01% |
107,445
+880
| +0.8% | +$12.2K |
|
2912
Blue Bird Corp
BLBD
$2.35B
| $1.4M | ﹤0.01% |
68,090
+3,481
| +5% | +$62.5K |
|
2913
Orrstown Financial Services
ORRF
$840M
| $1.4M | ﹤0.01% |
56,210
+1,639
| +3% | +$39.6K |
|
|
PETQ
2914
DELISTED
PetIQ, Inc. Class A Common Stock
PETQ
| $1.4M | ﹤0.01% |
+51,631
| New | +$1.25M |
|
|
SYRS
2915
DELISTED
Syros Pharmaceuticals, Inc. Common Stock
SYRS
| $1.4M | ﹤0.01% |
9,489
+1,107
| +13% | +$208K |
|
2916
KVH Industries
KVHI
$181M
| $1.4M | ﹤0.01% |
116,791
+1,939
| +2% | +$21.2K |
|
2917
Smart Sand
SND
$185M
| $1.39M | ﹤0.01% |
204,647
+3,501
| +2% | +$22.5K |
|
2918
Carlyle Group
CG
$16.6B
| $1.39M | ﹤0.01% |
58,727
+7,315
| +14% | +$156K |
|
2919
Clarus
CLAR
$123M
| $1.39M | ﹤0.01% |
185,457
+9,228
| +5% | +$63.4K |
|
|
RST
2920
DELISTED
ROSETTA STONE INC
RST
| $1.38M | ﹤0.01% |
135,431
+2,501
| +2% | +$24.7K |
|
|
ORBK
2921
DELISTED
Orbotech Ltd
ORBK
| $1.38M | ﹤0.01% |
32,759
+1,850
| +6% | +$70.6K |
|
2922
SmartFinancial
SMBK
$896M
| $1.38M | ﹤0.01% |
57,261
+8,219
| +17% | +$196K |
|
2923
Veracyte
VCYT
$3.7B
| $1.37M | ﹤0.01% |
156,423
+22,599
| +17% | +$184K |
|
2924
Saga Communications
SGA
$57M
| $1.37M | ﹤0.01% |
30,056
+790
| +3% | +$33.3K |
|
2925
Shore Bancshares
SHBI
$819M
| $1.37M | ﹤0.01% |
82,292
+3,860
| +5% | +$64.1K |
|
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.