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 | |
|---|---|---|---|---|---|---|
|
DCT
651
DELISTED
DCT Industrial Trust Inc.
DCT
| $52.9M | 0.02% |
913,588
+26,274
| +3% | +$1.49M |
|
652
HF Sinclair
DINO
$16.3B
| $52.8M | 0.02% |
1,469,959
+50,148
| +4% | +$1.51M |
|
653
Lamar Advertising Co
LAMR
$16.2B
| $52.7M | 0.02% |
769,497
-240
| -0% | -$16.2K |
|
654
Nordson
NDSN
$16.6B
| $52.7M | 0.02% |
444,965
-2,762
| -0.6% | -$330K |
|
655
Burlington
BURL
$23.2B
| $52.6M | 0.02% |
551,042
+11,907
| +2% | +$1.05M |
|
656
XPO
XPO
$23.5B
| $52.6M | 0.02% |
2,242,022
+304,927
| +16% | +$6.39M |
|
657
Navient
NAVI
$789M
| $52.6M | 0.02% |
3,504,876
-329,231
| -9% | -$4.8M |
|
658
Wabtec
WAB
$49.1B
| $52.5M | 0.02% |
693,265
+6,453
| +0.9% | +$497K |
|
659
Oshkosh
OSK
$8.79B
| $52.5M | 0.02% |
635,907
+41,319
| +7% | +$3.03M |
|
660
NNN REIT
NNN
$9.04B
| $52.3M | 0.02% |
1,254,751
+28,986
| +2% | +$1.18M |
|
|
GXP
661
DELISTED
Great Plains Energy Incorporated
GXP
| $52.2M | 0.02% |
1,724,207
+6,277
| +0.4% | +$192K |
|
662
Highwoods Properties
HIW
$3.65B
| $52.2M | 0.02% |
1,002,260
+34,826
| +4% | +$1.78M |
|
663
Carlisle Companies
CSL
$14.3B
| $52M | 0.02% |
518,290
-7,394
| -1% | -$716K |
|
|
CIT
664
DELISTED
CIT Group Inc.
CIT
| $51.7M | 0.02% |
1,054,530
-105,324
| -9% | -$4.95M |
|
665
Veeva Systems
VEEV
$33.1B
| $51.7M | 0.02% |
916,259
+54,749
| +6% | +$3.32M |
|
|
MSCC
666
DELISTED
Microsemi Corp
MSCC
| $51.4M | 0.02% |
997,950
+52,339
| +6% | +$2.63M |
|
|
HPP
667
Hudson Pacific Properties
HPP
$747M
| $51M | 0.02% |
217,497
+3,673
| +2% | +$836K |
|
668
Lazard
LAZ
$4.13B
| $50.9M | 0.02% |
1,126,172
+96,149
| +9% | +$4.26M |
|
669
Zebra Technologies
ZBRA
$14B
| $50.8M | 0.02% |
467,695
+43,159
| +10% | +$4.43M |
|
670
Bank OZK
OZK
$5.6B
| $50.7M | 0.02% |
1,055,959
+53,857
| +5% | +$2.4M |
|
|
EXAS
671
DELISTED
Exact Sciences
EXAS
| $50.6M | 0.02% |
1,074,026
+9,810
| +0.9% | +$395K |
|
672
Starwood Property Trust
STWD
$5.92B
| $50.6M | 0.02% |
2,328,900
+169,651
| +8% | +$3.74M |
|
673
Service Corp International
SCI
$11.7B
| $50.5M | 0.02% |
1,464,521
+50,081
| +4% | +$1.74M |
|
674
Signet Jewelers
SIG
$3.61B
| $50.4M | 0.02% |
758,001
+22,200
| +3% | +$1.37M |
|
|
EV
675
DELISTED
Eaton Vance Corp.
EV
| $50.3M | 0.02% |
1,020,103
+32,076
| +3% | +$1.53M |
|
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.