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 | |
|---|---|---|---|---|---|---|
|
S
851
DELISTED
Sprint Corporation
S
| $36M | 0.01% |
4,636,296
+117,715
| +3% | +$966K |
|
|
PRAH
852
DELISTED
PRA Health Sciences, Inc.
PRAH
| $36M | 0.01% |
472,052
+79,191
| +20% | +$5.98M |
|
|
CLVS
853
DELISTED
Clovis Oncology, Inc.
CLVS
| $35.9M | 0.01% |
435,312
+9,065
| +2% | +$719K |
|
|
DNB
854
DELISTED
Dun & Bradstreet
DNB
| $35.7M | 0.01% |
306,492
+20,238
| +7% | +$2.25M |
|
855
Fair Isaac
FICO
$24.3B
| $35.6M | 0.01% |
253,560
+6,763
| +3% | +$947K |
|
856
Teradata
TDC
$2.92B
| $35.6M | 0.01% |
1,053,496
-14,295
| -1% | -$444K |
|
857
Federated Hermes
FHI
$4.55B
| $35.5M | 0.01% |
1,194,905
+33,723
| +3% | +$948K |
|
|
TSE
858
DELISTED
Trinseo
TSE
| $35.4M | 0.01% |
528,256
-104,219
| -16% | -$6.93M |
|
859
Ryman Hospitality Properties
RHP
$8.43B
| $35.4M | 0.01% |
566,692
+11,470
| +2% | +$701K |
|
860
Landstar System
LSTR
$5.93B
| $35.4M | 0.01% |
355,189
+12,938
| +4% | +$1.15M |
|
|
STOR
861
DELISTED
STORE Capital Corporation
STOR
| $35.4M | 0.01% |
1,422,673
+79,170
| +6% | +$1.93M |
|
|
DATA
862
DELISTED
Tableau Software, Inc.
DATA
| $35.4M | 0.01% |
472,276
+15,656
| +3% | +$1.09M |
|
863
Edgewell Personal Care
EPC
$1.25B
| $35.3M | 0.01% |
485,786
+18,875
| +4% | +$1.39M |
|
864
Essent Group
ESNT
$6.08B
| $35.2M | 0.01% |
868,732
+42,591
| +5% | +$1.65M |
|
|
ISBC
865
DELISTED
Investors Bancorp, Inc.
ISBC
| $35.2M | 0.01% |
2,577,740
-5,659
| -0.2% | -$74.7K |
|
|
VSM
866
DELISTED
Versum Materials, Inc.
VSM
| $35M | 0.01% |
901,171
+39,732
| +5% | +$1.42M |
|
|
SWN
867
DELISTED
Southwestern Energy Company
SWN
| $34.9M | 0.01% |
5,714,731
-1,033,090
| -15% | -$5.85M |
|
868
WEX
WEX
$6.37B
| $34.9M | 0.01% |
311,084
+16,662
| +6% | +$1.81M |
|
869
Transocean
RIG
$5.89B
| $34.9M | 0.01% |
3,242,305
-860,394
| -21% | -$7.41M |
|
870
US Foods
USFD
$22.2B
| $34.9M | 0.01% |
1,306,386
+246,374
| +23% | +$6.75M |
|
871
Ashland
ASH
$3.33B
| $34.8M | 0.01% |
532,200
+5,770
| +1% | +$368K |
|
872
Home BancShares
HOMB
$6.23B
| $34.8M | 0.01% |
1,377,888
+223,062
| +19% | +$5.36M |
|
873
Chemed
CHE
$7.07B
| $34.6M | 0.01% |
171,297
+1,843
| +1% | +$362K |
|
874
Crane NXT
CXT
$2.99B
| $34.4M | 0.01% |
1,239,905
+57,857
| +5% | +$1.55M |
|
875
Nektar Therapeutics
NKTR
$2.39B
| $34.4M | 0.01% |
95,468
+3,444
| +4% | +$1.08M |
|
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.