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 | |
|---|---|---|---|---|---|---|
|
TGNA
726
DELISTED
TEGNA Inc
TGNA
| $45.9M | 0.02% |
3,440,623
+659,913
| +24% | +$8.85M |
|
727
Fortinet
FTNT
$119B
| $45.9M | 0.02% |
6,399,870
+245,025
| +4% | +$1.86M |
|
728
Rithm Capital
RITM
$5.52B
| $45.8M | 0.02% |
2,736,060
+143,928
| +6% | +$2.36M |
|
|
MIC
729
DELISTED
Macquarie Infrastructure Holdings, LLC
MIC
| $45.7M | 0.02% |
633,630
+48,895
| +8% | +$3.65M |
|
730
Curtiss-Wright
CW
$26.7B
| $45.7M | 0.02% |
436,865
+5,885
| +1% | +$571K |
|
731
Live Nation Entertainment
LYV
$40.6B
| $45.7M | 0.02% |
1,048,345
+35,242
| +3% | +$1.37M |
|
732
Trip.com Group
TCOM
$29.6B
| $45.6M | 0.02% |
868,571
+20,271
| +2% | +$1.1M |
|
|
SFR
733
DELISTED
Starwood Waypoint Homes
SFR
| $45.3M | 0.02% |
1,246,527
+103,830
| +9% | +$3.71M |
|
|
CONE
734
DELISTED
CyrusOne Inc Common Stock
CONE
| $45.3M | 0.02% |
768,718
+109,934
| +17% | +$6.55M |
|
735
Jabil
JBL
$33B
| $45.1M | 0.02% |
1,578,680
+116,168
| +8% | +$3.51M |
|
|
CPN
736
DELISTED
Calpine Corporation
CPN
| $45M | 0.02% |
3,051,645
+137,147
| +5% | +$1.96M |
|
737
CoreCivic
CXW
$2.96B
| $45M | 0.02% |
1,679,650
+80,269
| +5% | +$2.13M |
|
738
AptarGroup
ATR
$8.55B
| $44.9M | 0.02% |
520,708
+29,006
| +6% | +$2.47M |
|
739
Sunstone Hotel Investors
SHO
$2.19B
| $44.9M | 0.02% |
2,795,789
-106,482
| -4% | -$1.69M |
|
740
Cirrus Logic
CRUS
$6.53B
| $44.7M | 0.02% |
837,474
+102,892
| +14% | +$6.02M |
|
741
Cullen/Frost Bankers
CFR
$10.3B
| $44.6M | 0.02% |
470,264
+15,399
| +3% | +$1.39M |
|
742
CubeSmart
CUBE
$9.39B
| $44.5M | 0.02% |
1,713,485
+46,514
| +3% | +$1.15M |
|
743
AXIS Capital
AXS
$7.68B
| $44.3M | 0.02% |
773,967
+23,369
| +3% | +$1.44M |
|
744
SLM Corp
SLM
$4.89B
| $44.1M | 0.02% |
3,842,990
+153,670
| +4% | +$1.67M |
|
|
STL
745
DELISTED
Sterling Bancorp
STL
| $44.1M | 0.02% |
1,787,617
+726,033
| +68% | +$16.6M |
|
746
Emcor
EME
$35.2B
| $44.1M | 0.02% |
635,004
+98,234
| +18% | +$6.5M |
|
|
CHK
747
DELISTED
Chesapeake Energy Corporation
CHK
| $44M | 0.02% |
51,238
+7,972
| +18% | +$6.84M |
|
748
Charles River Laboratories
CRL
$11.2B
| $43.7M | 0.02% |
404,157
+28,908
| +8% | +$2.97M |
|
|
CY
749
DELISTED
Cypress Semiconductor
CY
| $43.6M | 0.02% |
2,900,712
+83,734
| +3% | +$1.17M |
|
|
EGN
750
DELISTED
Energen
EGN
| $43.6M | 0.02% |
796,753
+23,170
| +3% | +$1.18M |
|
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.