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 | |
|---|---|---|---|---|---|---|
626
DigitalBridge
DBRG
$2.93B
| $56.6M | 0.02% |
1,127,344
+20,203
| +2% | +$1.1M |
|
|
PF
627
DELISTED
Pinnacle Foods, Inc.
PF
| $56.5M | 0.02% |
988,689
+61,657
| +7% | +$3.66M |
|
628
Toro Company
TTC
$8.75B
| $56.1M | 0.02% |
903,563
-9,357
| -1% | -$627K |
|
629
West Pharmaceutical
WST
$24B
| $55.7M | 0.02% |
578,718
+3,421
| +0.6% | +$310K |
|
630
Assurant
AIZ
$13.8B
| $55.6M | 0.02% |
583,322
+9,618
| +2% | +$961K |
|
631
News Corp Class A
NWSA
$14.9B
| $55.5M | 0.02% |
4,195,096
+105,002
| +3% | +$1.42M |
|
632
Factset
FDS
$9.36B
| $55.5M | 0.02% |
308,225
+8,257
| +3% | +$1.35M |
|
633
TransUnion
TRU
$15.1B
| $55.4M | 0.02% |
1,172,384
+238,779
| +26% | +$10.9M |
|
|
SVC
634
Service Properties Trust
SVC
$1.04B
| $55.2M | 0.02% |
387,446
+12,903
| +3% | +$1.82M |
|
|
VISN
635
Vistance Networks Inc
VISN
$2.65B
| $55.2M | 0.02% |
1,661,402
+50,797
| +3% | +$1.74M |
|
636
Graco
GGG
$12.9B
| $55.1M | 0.02% |
1,336,932
+58,623
| +5% | +$2.23M |
|
|
VMW
637
DELISTED
VMware, Inc
VMW
| $55M | 0.02% |
503,952
+25,528
| +5% | +$2.52M |
|
638
PTC
PTC
$15.8B
| $54.9M | 0.02% |
975,864
+31,207
| +3% | +$1.73M |
|
639
Liberty Global Class A
LBTYA
$3.62B
| $54.9M | 0.02% |
1,618,747
-4,971
| -0.3% | -$166K |
|
640
MKS Inc
MKSI
$20.1B
| $54.6M | 0.02% |
578,500
+5,388
| +0.9% | +$441K |
|
|
PACW
641
DELISTED
PacWest Bancorp
PACW
| $54.2M | 0.02% |
1,072,769
+41,952
| +4% | +$1.96M |
|
642
Lamb Weston
LW
$7.22B
| $54.1M | 0.02% |
1,154,825
+42,059
| +4% | +$1.89M |
|
643
Check Point Software Technologies
CHKP
$13B
| $53.7M | 0.02% |
471,427
+6,277
| +1% | +$690K |
|
|
DHC
644
Diversified Healthcare Trust
DHC
$2.15B
| $53.7M | 0.02% |
2,745,049
+149,239
| +6% | +$2.91M |
|
|
MFA
645
MFA Financial
MFA
$926M
| $53.7M | 0.02% |
1,531,409
+9,438
| +0.6% | +$328K |
|
646
RPM International
RPM
$13.7B
| $53.4M | 0.02% |
1,039,209
+28,258
| +3% | +$1.45M |
|
647
Ionis Pharmaceuticals
IONS
$8.6B
| $53.2M | 0.02% |
1,049,631
+22,431
| +2% | +$1.17M |
|
648
Ralph Lauren
RL
$22.6B
| $53.2M | 0.02% |
603,771
-918
| -0.2% | -$75.6K |
|
|
FLG
649
Flagstar Bank National Association
FLG
$5.93B
| $53.2M | 0.02% |
1,377,016
+78,561
| +6% | +$2.96M |
|
650
Lennox International
LII
$14.4B
| $53.2M | 0.02% |
297,263
+2,027
| +0.7% | +$349K |
|
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.