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 | |
|---|---|---|---|---|---|---|
|
VAR
426
DELISTED
Varian Medical Systems, Inc.
VAR
| $114M | 0.04% |
1,138,452
+97,146
| +9% | +$9.97M |
|
427
JB Hunt Transport Services
JBHT
$25.5B
| $112M | 0.04% |
1,013,410
+28,363
| +3% | +$2.74M |
|
428
W.W. Grainger
GWW
$65.3B
| $112M | 0.04% |
626,043
+26,551
| +4% | +$4.48M |
|
|
HOLX
429
DELISTED
Hologic
HOLX
| $112M | 0.04% |
3,063,010
-51,231
| -2% | -$2.07M |
|
430
Huntington Ingalls Industries
HII
$12.9B
| $112M | 0.04% |
495,388
-2,896
| -0.6% | -$604K |
|
431
Raymond James Financial
RJF
$33.8B
| $111M | 0.04% |
1,982,651
+58,223
| +3% | +$3.14M |
|
432
Lennar Class A
LEN
$19.8B
| $110M | 0.04% |
2,189,880
+49,661
| +2% | +$2.48M |
|
433
Zions Bancorporation
ZION
$10.2B
| $109M | 0.04% |
2,317,533
+68,268
| +3% | +$3.04M |
|
|
SPR
434
DELISTED
Spirit AeroSystems
SPR
| $109M | 0.04% |
1,403,350
-102,603
| -7% | -$7.1M |
|
435
Affiliated Managers Group
AMG
$9.69B
| $109M | 0.04% |
575,242
+11,974
| +2% | +$2.13M |
|
436
TechnipFMC
FTI
$28.6B
| $109M | 0.04% |
5,255,453
-264,257
| -5% | -$5.3M |
|
|
VIAB
437
DELISTED
Viacom Inc. Class B
VIAB
| $109M | 0.04% |
3,920,035
+128,234
| +3% | +$3.95M |
|
438
Universal Health Services
UHS
$10.2B
| $109M | 0.04% |
982,988
+9,286
| +1% | +$1.05M |
|
439
Travel + Leisure Co
TNL
$4.66B
| $109M | 0.04% |
2,285,408
+39,876
| +2% | +$1.82M |
|
440
Iron Mountain
IRM
$36.4B
| $108M | 0.04% |
2,781,717
+249,896
| +10% | +$9.34M |
|
441
Workday
WDAY
$39.6B
| $108M | 0.04% |
1,025,289
+104,686
| +11% | +$10.8M |
|
442
Liberty Broadband Class C
LBRDK
$4.88B
| $108M | 0.04% |
1,132,272
+443,245
| +64% | +$42.7M |
|
443
Federal Realty Investment Trust
FRT
$10.7B
| $108M | 0.04% |
869,194
+22,099
| +3% | +$2.84M |
|
444
Fortune Brands Innovations
FBIN
$5.88B
| $108M | 0.04% |
1,875,227
+58,149
| +3% | +$3.22M |
|
|
XEC
445
DELISTED
CIMAREX ENERGY CO
XEC
| $107M | 0.04% |
947,429
+33,099
| +4% | +$3.3M |
|
446
Lumen
LUMN
$6.57B
| $107M | 0.04% |
5,686,631
-118,558
| -2% | -$2.5M |
|
447
Seagate
STX
$194B
| $106M | 0.04% |
3,214,658
-56,700
| -2% | -$1.93M |
|
448
Bath & Body Works
BBWI
$4.06B
| $106M | 0.04% |
3,154,435
+186,454
| +6% | +$6.26M |
|
449
AGNC Investment
AGNC
$12.4B
| $106M | 0.04% |
4,882,220
+992,545
| +26% | +$21.2M |
|
450
Bunge Global
BG
$20.4B
| $106M | 0.04% |
1,523,937
+135,137
| +10% | +$10.2M |
|
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.