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 | |
|---|---|---|---|---|---|---|
3251
Radware
RDWR
$1.1B
| $601K | ﹤0.01% |
35,699
+1,625
| +5% | +$28.2K |
|
|
TLND
3252
DELISTED
Talend S.A. American Depositary Shares
TLND
| $597K | ﹤0.01% |
14,587
+1,565
| +12% | +$60.3K |
|
|
LEAF
3253
DELISTED
Leaf Group Ltd.
LEAF
| $584K | ﹤0.01% |
84,703
+6,315
| +8% | +$45K |
|
|
GGZ
3254
Gabelli Global Small and Mid-Cap Value Trust
GGZ
$123M
| $583K | ﹤0.01% |
44,172
+7,143
| +19% | +$90.7K |
|
3255
Dorchester Minerals
DMLP
$1.33B
| $579K | ﹤0.01% |
38,546
+23,749
| +160% | +$349K |
|
|
GPMT
3256
Granite Point Mortgage Trust
GPMT
$69M
| $579K | ﹤0.01% |
+30,960
| New | +$590K |
|
3257
Barclays
BCS
$92.7B
| $576K | ﹤0.01% |
58,290
-11,990
| -17% | -$119K |
|
3258
Smith & Nephew
SNN
$13.3B
| $574K | ﹤0.01% |
15,777
+1,346
| +9% | +$47.8K |
|
|
PVLA
3259
Palvella Therapeutics
PVLA
$1.99B
| $574K | ﹤0.01% |
1,247
+248
| +25% | +$106K |
|
|
TPHS
3260
DELISTED
Trinity Place Holdings Inc.com
TPHS
| $572K | ﹤0.01% |
81,580
+2,536
| +3% | +$17.6K |
|
|
ALDW
3261
DELISTED
Alon USA Partners LP
ALDW
| $572K | ﹤0.01% |
49,548
+31,438
| +174% | +$352K |
|
|
KDMN
3262
DELISTED
Kadmon Holdings, Inc.
KDMN
| $569K | ﹤0.01% |
170,275
+150,183
| +747% | +$429K |
|
|
CRESY
3263
Cresud
CRESY
$795M
| $568K | ﹤0.01% |
33,905
+1,529
| +5% | +$25.8K |
|
|
SPNS
3264
DELISTED
Sapiens International
SPNS
| $566K | ﹤0.01% |
42,887
+2,072
| +5% | +$24.2K |
|
3265
Lakeland Industries
LAKE
$113M
| $565K | ﹤0.01% |
40,148
+4,706
| +13% | +$69.1K |
|
3266
Lee Enterprises
LEE
$172M
| $564K | ﹤0.01% |
25,651
-4,997
| -16% | -$100K |
|
|
RAS
3267
DELISTED
RAIT Financial Trust
RAS
| $564K | ﹤0.01% |
773,614
+140,396
| +22% | +$184K |
|
|
OMED
3268
DELISTED
OncoMed Pharmaceuticals, Inc.
OMED
| $563K | ﹤0.01% |
124,569
| – | – |
|
3269
Ardmore Shipping
ASC
$710M
| $562K | ﹤0.01% |
68,159
-170,970
| -71% | -$1.33M |
|
3270
ING
ING
$99.8B
| $561K | ﹤0.01% |
30,496
+2,281
| +8% | +$41.3K |
|
3271
Vuzix
VUZI
$194M
| $557K | ﹤0.01% |
102,203
+7,905
| +8% | +$48.4K |
|
|
PTN
3272
Palatin Technologies
PTN
$13.7M
| $556K | ﹤0.01% |
672
| – | – |
|
3273
Consolidated Water Co
CWCO
$467M
| $553K | ﹤0.01% |
43,250
+3,924
| +10% | +$49K |
|
|
CZZ
3274
DELISTED
Cosan Limited
CZZ
| $552K | ﹤0.01% |
68,017
+51,384
| +309% | +$386K |
|
|
TGB
3275
Trekor Metals
TGB
$2.48B
| $551K | ﹤0.01% |
294,174
+50,941
| +21% | +$83.6K |
|
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.