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 | |
|---|---|---|---|---|---|---|
1001
Sanmina
SANM
$9.95B
| $28M | 0.01% |
754,342
-71,502
| -9% | -$2.67M |
|
1002
CACI
CACI
$11B
| $28M | 0.01% |
200,589
+4,593
| +2% | +$593K |
|
|
KLXI
1003
DELISTED
KLX Inc.
KLXI
| $27.9M | 0.01% |
626,018
+93,696
| +18% | +$3.98M |
|
1004
LivaNova
LIVN
$4.4B
| $27.8M | 0.01% |
397,069
-54,909
| -12% | -$3.48M |
|
1005
Saic
SAIC
$4.95B
| $27.8M | 0.01% |
415,871
+34,293
| +9% | +$2.38M |
|
|
SUM
1006
DELISTED
Summit Materials, Inc. Class A Common Stock
SUM
| $27.7M | 0.01% |
891,977
+19,094
| +2% | +$542K |
|
|
JBGS
1007
JBG SMITH
JBGS
$818M
| $27.7M | 0.01% |
+809,156
| New | +$27.4M |
|
|
AXE
1008
DELISTED
Anixter International Inc
AXE
| $27.7M | 0.01% |
325,402
+44,381
| +16% | +$3.41M |
|
1009
International Bancshares
IBOC
$4.76B
| $27.6M | 0.01% |
688,959
+21,611
| +3% | +$781K |
|
|
PDCE
1010
DELISTED
PDC Energy, Inc.
PDCE
| $27.6M | 0.01% |
563,407
+67,200
| +14% | +$2.89M |
|
1011
Madison Square Garden
MSGS
$9.48B
| $27.6M | 0.01% |
180,735
+6,919
| +4% | +$1.05M |
|
1012
Under Armour Class C
UA
$2.77B
| $27.5M | 0.01% |
1,837,664
+55,591
| +3% | +$936K |
|
1013
Ciena
CIEN
$53.4B
| $27.4M | 0.01% |
1,246,948
+41,352
| +3% | +$990K |
|
1014
Amdocs
DOX
$5.92B
| $27.4M | 0.01% |
425,897
-896,907
| -68% | -$57.9M |
|
1015
Mine Safety
MSA
$7.35B
| $27.2M | 0.01% |
342,638
+41,925
| +14% | +$3.14M |
|
1016
Cable One
CABO
$227M
| $27.2M | 0.01% |
37,670
+1,260
| +3% | +$931K |
|
|
SKX
1017
DELISTED
Skechers
SKX
| $27.2M | 0.01% |
1,083,493
+40,272
| +4% | +$1.1M |
|
1018
Nu Skin
NUS
$252M
| $27.2M | 0.01% |
442,156
+27,013
| +7% | +$1.66M |
|
1019
Yelp
YELP
$1.45B
| $27.2M | 0.01% |
627,787
+124,269
| +25% | +$4.79M |
|
1020
Dick's Sporting Goods
DKS
$17.5B
| $27.1M | 0.01% |
1,004,615
+93,438
| +10% | +$2.97M |
|
1021
Avient
AVNT
$3.33B
| $27.1M | 0.01% |
677,000
+20,014
| +3% | +$747K |
|
1022
MillerKnoll
MLKN
$1.53B
| $27.1M | 0.01% |
754,443
+25,512
| +3% | +$859K |
|
1023
National Health Investors
NHI
$3.72B
| $27M | 0.01% |
349,099
-12,011
| -3% | -$939K |
|
|
BIG
1024
DELISTED
Big Lots, Inc.
BIG
| $26.9M | 0.01% |
502,526
-54,244
| -10% | -$2.67M |
|
1025
TC Energy
TRP
$70.2B
| $26.9M | 0.01% |
548,340
+31,226
| +6% | +$1.57M |
|
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.