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 | |
|---|---|---|---|---|---|---|
|
CEV
3201
Eaton Vance California Municipal Income Trust
CEV
$70.7M
| $702K | ﹤0.01% |
56,330
-17,291
| -23% | -$218K |
|
|
TLRA
3202
DELISTED
Telaria, Inc.
TLRA
| $701K | ﹤0.01% |
160,856
+25,605
| +19% | +$74.7K |
|
3203
Noodles & Co
NDLS
$111M
| $693K | ﹤0.01% |
19,714
+94
| +0.5% | +$3.09K |
|
|
NDRM
3204
DELISTED
NeuroDerm Ltd. Ordinary Shares
NDRM
| $693K | ﹤0.01% |
17,827
+234
| +1% | +$8.61K |
|
3205
Transcontinental Realty Investors
TCI
$352M
| $685K | ﹤0.01% |
25,190
+170
| +0.7% | +$4.2K |
|
3206
Turning Point Brands
TPB
$1.45B
| $685K | ﹤0.01% |
40,364
+386
| +1% | +$6.22K |
|
|
USAP
3207
DELISTED
Universal Stainless & Alloy
USAP
| $684K | ﹤0.01% |
32,845
+2,681
| +9% | +$51.1K |
|
|
TRTX
3208
TPG RE Finance Trust
TRTX
$612M
| $683K | ﹤0.01% |
+34,549
| New | +$685K |
|
|
VVUS
3209
DELISTED
Vivus Inc
VVUS
| $681K | ﹤0.01% |
68,910
+9,745
| +16% | +$103K |
|
3210
Everspin Technologies
MRAM
$341M
| $679K | ﹤0.01% |
39,772
| – | – |
|
3211
Napco Security Technologies
NSSC
$1.32B
| $678K | ﹤0.01% |
139,954
+35,620
| +34% | +$159K |
|
3212
Lloyds Banking Group
LYG
$89.5B
| $676K | ﹤0.01% |
184,839
-12,056
| -6% | -$42K |
|
|
VSLR
3213
DELISTED
VIVINT SOLAR, INC.
VSLR
| $675K | ﹤0.01% |
198,742
+4,460
| +2% | +$21.6K |
|
3214
Canadian National Railway
CNI
$76.9B
| $674K | ﹤0.01% |
8,140
+282
| +4% | +$22.9K |
|
|
ALBO
3215
DELISTED
Albireo Pharma Inc
ALBO
| $667K | ﹤0.01% |
31,852
+5,303
| +20% | +$126K |
|
3216
DHT Holdings
DHT
$2.99B
| $665K | ﹤0.01% |
167,323
+26,406
| +19% | +$106K |
|
|
FCRD
3217
DELISTED
First Eagle Alternative Capital BDC, Inc. Common Stock
FCRD
| $664K | ﹤0.01% |
71,181
+45,857
| +181% | +$442K |
|
|
RDS.A
3218
DELISTED
Royal Dutch Shell PLC ADS Class A
RDS.A
| $663K | ﹤0.01% |
10,955
+1,933
| +21% | +$108K |
|
3219
Delek Logistics
DKL
$3.21B
| $662K | ﹤0.01% |
+21,201
| New | +$667K |
|
3220
Matinas BioPharma
MTNB
$1.88M
| $662K | ﹤0.01% |
10,031
+127
| +1% | +$8.48K |
|
3221
Telecom Argentina
TEO
$6.03B
| $662K | ﹤0.01% |
21,484
-17,292
| -45% | -$508K |
|
|
ARAV
3222
DELISTED
Aravive, Inc. Common Stock
ARAV
| $661K | ﹤0.01% |
44,997
+1,413
| +3% | +$143K |
|
|
GOGL
3223
DELISTED
Golden Ocean Group
GOGL
| $658K | ﹤0.01% |
83,940
+1,378
| +2% | +$11.1K |
|
3224
Honda
HMC
$39.1B
| $657K | ﹤0.01% |
22,234
-3,512
| -14% | -$99.1K |
|
3225
Sabesp
SBS
$19.1B
| $655K | ﹤0.01% |
323,809
-161,776
| -33% | -$327K |
|
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.