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 | |
|---|---|---|---|---|---|---|
|
FDC
601
DELISTED
First Data Corporation
FDC
| $59.7M | 0.02% |
3,310,532
+1,637,629
| +98% | +$29.9M |
|
602
SS&C Technologies
SSNC
$18.1B
| $59.6M | 0.02% |
1,486,004
+51,562
| +4% | +$1.99M |
|
603
Exelixis
EXEL
$13.3B
| $59.6M | 0.02% |
2,458,731
+346,184
| +16% | +$9.21M |
|
604
OGE Energy
OGE
$9.78B
| $59.3M | 0.02% |
1,646,115
+38,156
| +2% | +$1.36M |
|
605
Brighthouse Financial
BHF
$3.56B
| $59.3M | 0.02% |
+976,739
| New | +$55.7M |
|
606
JD.com
JD
$44.6B
| $59M | 0.02% |
1,549,644
-25,505
| -2% | -$1.09M |
|
607
Copart
CPRT
$27B
| $59M | 0.02% |
6,863,212
+146,468
| +2% | +$1.17M |
|
|
ABMD
608
DELISTED
Abiomed Inc
ABMD
| $59M | 0.02% |
349,645
+14,176
| +4% | +$2.14M |
|
|
WBC
609
DELISTED
WABCO HOLDINGS INC.
WBC
| $58.8M | 0.02% |
397,231
+5,161
| +1% | +$716K |
|
|
ACC
610
DELISTED
American Campus Communities, Inc.
ACC
| $58.6M | 0.02% |
1,327,579
+39,157
| +3% | +$1.85M |
|
|
HDS
611
DELISTED
HD Supply Holdings, Inc.
HDS
| $58.6M | 0.02% |
1,624,600
-49,620
| -3% | -$1.6M |
|
612
MarketAxess Holdings
MKTX
$5.71B
| $58.5M | 0.02% |
317,294
+12,329
| +4% | +$2.36M |
|
613
Teradyne
TER
$57.6B
| $58.4M | 0.02% |
1,567,057
+43,512
| +3% | +$1.51M |
|
614
Mattel
MAT
$4.38B
| $58.4M | 0.02% |
3,776,108
+126,416
| +3% | +$2.26M |
|
615
Omega Healthcare
OHI
$15.1B
| $58.2M | 0.02% |
1,825,368
+31,875
| +2% | +$1.02M |
|
|
EVHC
616
DELISTED
Envision Healthcare Holdings Inc
EVHC
| $58M | 0.02% |
1,292,760
+64,350
| +5% | +$3.43M |
|
617
W.R. Berkley
WRB
$26.9B
| $57.8M | 0.02% |
2,925,399
+113,268
| +4% | +$2.27M |
|
|
CSRA
618
DELISTED
CSRA Inc.
CSRA
| $57.6M | 0.02% |
1,787,026
+197,567
| +12% | +$6.37M |
|
|
BIVV
619
DELISTED
Bioverativ Inc. Common Stock
BIVV
| $57.4M | 0.02% |
1,006,146
+104,513
| +12% | +$6.12M |
|
620
Douglas Emmett
DEI
$1.98B
| $57.4M | 0.02% |
1,456,615
+82,054
| +6% | +$3.14M |
|
|
BLUE
621
DELISTED
bluebird bio
BLUE
| $57.3M | 0.02% |
32,224
+3,399
| +12% | +$4.75M |
|
|
BERY
622
DELISTED
Berry Global Group, Inc.
BERY
| $57.3M | 0.02% |
1,101,311
+46,204
| +4% | +$2.41M |
|
623
JetBlue
JBLU
$2.28B
| $57.1M | 0.02% |
3,081,325
-423,986
| -12% | -$8.89M |
|
|
XYZ
624
Block Inc
XYZ
$48.4B
| $56.7M | 0.02% |
1,967,343
+1,464,928
| +292% | +$38.3M |
|
|
MASI
625
DELISTED
Masimo
MASI
| $56.6M | 0.02% |
654,186
+5,531
| +0.9% | +$489K |
|
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.