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 | |
|---|---|---|---|---|---|---|
3126
GSI Technology
GSIT
$215M
| $874K | ﹤0.01% |
120,296
+3,022
| +3% | +$21.5K |
|
|
TUES
3127
DELISTED
Tuesday Morning Corp
TUES
| $870K | ﹤0.01% |
272,023
| – | – |
|
|
CCEC
3128
Capital Clean Energy Carriers
CCEC
$1.34B
| $864K | ﹤0.01% |
35,315
-24,935
| -41% | -$632K |
|
3129
BHP
BHP
$215B
| $860K | ﹤0.01% |
23,797
+3,953
| +20% | +$144K |
|
|
NMY
3130
DELISTED
Nuveen Maryland Quality Municipal Income Fund
NMY
| $858K | ﹤0.01% |
66,901
| – | – |
|
|
RGT
3131
Royce Global Value Trust
RGT
$99.2M
| $857K | ﹤0.01% |
82,821
+25,256
| +44% | +$249K |
|
|
XOMA
3132
DELISTED
Xoma
XOMA
| $854K | ﹤0.01% |
43,491
| – | – |
|
|
QHC
3133
DELISTED
Quorum Health Corporation
QHC
| $853K | ﹤0.01% |
164,844
| – | – |
|
|
NETI
3134
DELISTED
Eneti Inc.
NETI
| $852K | ﹤0.01% |
13,018
+1,386
| +12% | +$96.1K |
|
3135
Information Services Group
III
$199M
| $847K | ﹤0.01% |
210,803
+6,877
| +3% | +$26.5K |
|
|
PCO
3136
DELISTED
Pendrell Corporation - Class A
PCO
| $846K | ﹤0.01% |
1,239
+240
| +24% | +$162K |
|
|
FRTA
3137
DELISTED
Forterra, Inc
FRTA
| $845K | ﹤0.01% |
187,948
+4,020
| +2% | +$24.4K |
|
|
FCCY
3138
DELISTED
1st Constitution Bancorp
FCCY
| $845K | ﹤0.01% |
46,592
| – | – |
|
|
FSTX
3139
DELISTED
F-star Therapeutics, Inc. Common Stock
FSTX
| $843K | ﹤0.01% |
12,516
+7,472
| +148% | +$428K |
|
|
MPX
3140
DELISTED
Marine Products Corp
MPX
| $836K | ﹤0.01% |
52,089
+4,221
| +9% | +$64K |
|
3141
Mid Penn Bancorp
MPB
$971M
| $830K | ﹤0.01% |
28,255
| – | – |
|
3142
SK Telecom
SKM
$12.1B
| $825K | ﹤0.01% |
20,386
+2,481
| +14% | +$105K |
|
|
ALSK
3143
DELISTED
Alaska Communications Systems
ALSK
| $819K | ﹤0.01% |
361,214
| – | – |
|
|
ZYNE
3144
DELISTED
Zynerba Pharmaceuticals, Inc
ZYNE
| $815K | ﹤0.01% |
97,582
+1,437
| +1% | +$15.2K |
|
3145
Dorian LPG
LPG
$2.03B
| $814K | ﹤0.01% |
119,439
+84,071
| +238% | +$620K |
|
3146
Canadian Solar
CSIQ
$1.02B
| $812K | ﹤0.01% |
48,233
-41
| -0.1% | -$671 |
|
3147
Scotiabank
BNS
$107B
| $810K | ﹤0.01% |
12,608
+518
| +4% | +$32.2K |
|
|
BZUN
3148
Baozun
BZUN
$167M
| $803K | ﹤0.01% |
24,519
+3,398
| +16% | +$107K |
|
|
DWCH
3149
DELISTED
Datawatch Corp
DWCH
| $800K | ﹤0.01% |
69,371
+149
| +0.2% | +$1.53K |
|
3150
Pearson
PSO
$10.2B
| $797K | ﹤0.01% |
98,097
+78,129
| +391% | +$632K |
|
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.