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 | |
|---|---|---|---|---|---|---|
|
TCF
901
DELISTED
TCF Financial Corporation Common Stock
TCF
| $33.1M | 0.01% |
632,652
+17,379
| +3% | +$830K |
|
902
Antero Resources
AR
$11.1B
| $33.1M | 0.01% |
1,662,150
+401,029
| +32% | +$8.08M |
|
|
PFPT
903
DELISTED
Proofpoint, Inc.
PFPT
| $33M | 0.01% |
378,507
+8,704
| +2% | +$774K |
|
904
CNO Financial Group
CNO
$5.14B
| $33M | 0.01% |
1,414,206
+38,969
| +3% | +$871K |
|
905
Enovis
ENOV
$1.68B
| $32.9M | 0.01% |
459,583
+14,343
| +3% | +$999K |
|
906
Popular Inc
BPOP
$11.2B
| $32.9M | 0.01% |
914,401
+37,645
| +4% | +$1.52M |
|
907
COPT Defense Properties
CDP
$4.3B
| $32.8M | 0.01% |
1,000,328
+27,590
| +3% | +$921K |
|
908
Sabre
SABR
$731M
| $32.8M | 0.01% |
1,814,271
+80,008
| +5% | +$1.55M |
|
909
ScottsMiracle-Gro
SMG
$3.82B
| $32.8M | 0.01% |
337,140
+1,799
| +0.5% | +$171K |
|
|
BAC.WS.A
910
DELISTED
Bank Of America Corporation Ws A
BAC.WS.A
| $32.6M | 0.01% |
2,464,827
+548,096
| +29% | +$6.58M |
|
|
TWO
911
Two Harbors Investment
TWO
$1.27B
| $32.6M | 0.01% |
404,063
+39,408
| +11% | +$3.15M |
|
912
Dana Inc
DAN
$2.9B
| $32.6M | 0.01% |
1,164,275
+58,445
| +5% | +$1.42M |
|
913
Cracker Barrel
CBRL
$1.26B
| $32.5M | 0.01% |
214,025
+6,299
| +3% | +$963K |
|
914
Paycom
PAYC
$7.64B
| $32.4M | 0.01% |
431,613
+73,152
| +20% | +$5.24M |
|
915
Core Laboratories
CLB
$488M
| $32.2M | 0.01% |
326,552
+7,586
| +2% | +$735K |
|
916
ITT
ITT
$17.5B
| $32.1M | 0.01% |
724,570
+20,195
| +3% | +$832K |
|
|
CLGX
917
DELISTED
Corelogic, Inc.
CLGX
| $32M | 0.01% |
693,369
+31,512
| +5% | +$1.43M |
|
918
Regal Rexnord
RRX
$13.7B
| $32M | 0.01% |
404,996
+27,342
| +7% | +$2.18M |
|
919
Cinemark Holdings
CNK
$4.24B
| $31.9M | 0.01% |
880,440
+34,970
| +4% | +$1.27M |
|
920
Sabra Healthcare REIT
SBRA
$5.34B
| $31.9M | 0.01% |
1,452,619
+639,792
| +79% | +$14.5M |
|
921
Acadia Pharmaceuticals
ACAD
$4.43B
| $31.8M | 0.01% |
845,130
+54,720
| +7% | +$1.78M |
|
922
Bankunited
BKU
$3.37B
| $31.8M | 0.01% |
894,801
-14,283
| -2% | -$480K |
|
923
Molina Healthcare
MOH
$10.2B
| $31.7M | 0.01% |
461,532
+5,503
| +1% | +$358K |
|
|
VR
924
DELISTED
Validus Hold Ltd
VR
| $31.6M | 0.01% |
642,451
+18,291
| +3% | +$929K |
|
|
TMHC
925
DELISTED
Taylor Morrison
TMHC
| $31.6M | 0.01% |
1,432,068
+211,162
| +17% | +$4.67M |
|
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.