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 | |
|---|---|---|---|---|---|---|
|
TRCO
1026
DELISTED
TRIBUNE MEDIA COMPANY CLASS A
TRCO
| $26.9M | 0.01% |
658,043
+20,470
| +3% | +$832K |
|
1027
AMC Global Media
AMCX
$492M
| $26.9M | 0.01% |
459,587
-10,906
| -2% | -$649K |
|
1028
Jack in the Box
JACK
$312M
| $26.9M | 0.01% |
263,551
+755
| +0.3% | +$72.2K |
|
1029
Five Below
FIVE
$12B
| $26.9M | 0.01% |
489,257
+10,389
| +2% | +$509K |
|
1030
HEICO Corp Class A
HEI.A
$36B
| $26.7M | 0.01% |
548,050
+13,223
| +2% | +$605K |
|
1031
Kennametal
KMT
$2.59B
| $26.7M | 0.01% |
662,273
+37,076
| +6% | +$1.37M |
|
|
JBTM
1032
JBT Marel
JBTM
$7.21B
| $26.7M | 0.01% |
263,761
+13,182
| +5% | +$1.22M |
|
|
TXNM
1033
TXNM Energy Inc
TXNM
$6.41B
| $26.6M | 0.01% |
660,485
+23,023
| +4% | +$936K |
|
1034
RBC Bearings
RBC
$17.4B
| $26.5M | 0.01% |
212,089
+6,416
| +3% | +$697K |
|
1035
United Natural Foods
UNFI
$3.08B
| $26.4M | 0.01% |
633,799
+32,606
| +5% | +$1.21M |
|
|
EDR
1036
DELISTED
Education Realty Trust Inc
EDR
| $26.3M | 0.01% |
732,146
+30,130
| +4% | +$1.15M |
|
1037
Interactive Brokers
IBKR
$39.2B
| $26.3M | 0.01% |
2,335,052
+117,344
| +5% | +$1.2M |
|
1038
First Financial Bankshares
FFIN
$5.04B
| $26.3M | 0.01% |
1,162,842
+21,032
| +2% | +$440K |
|
|
TCF
1039
DELISTED
TCF Financial Corporation
TCF
| $26.3M | 0.01% |
1,541,184
+48,011
| +3% | +$757K |
|
1040
Neogen
NEOG
$2.63B
| $26.2M | 0.01% |
901,661
+18,194
| +2% | +$468K |
|
|
CXP
1041
DELISTED
COLUMBIA PROPERTY TRUST, INC.
CXP
| $26.2M | 0.01% |
1,201,513
+22,270
| +2% | +$479K |
|
|
ZNGA
1042
DELISTED
ZYNGA INC. CL A COMMON
ZNGA
| $26.1M | 0.01% |
6,909,495
+142,572
| +2% | +$525K |
|
1043
NETSCOUT
NTCT
$2.96B
| $26.1M | 0.01% |
806,775
+33,612
| +4% | +$1.12M |
|
1044
WaFd
WAFD
$2.72B
| $26M | 0.01% |
774,080
+14,170
| +2% | +$461K |
|
|
DOC
1045
DELISTED
PHYSICIANS REALTY TRUST
DOC
| $25.9M | 0.01% |
1,463,278
+207,565
| +17% | +$3.83M |
|
|
MGLN
1046
DELISTED
Magellan Health Services, Inc.
MGLN
| $25.8M | 0.01% |
299,196
+2,546
| +0.9% | +$201K |
|
1047
Azenta
AZTA
$1.3B
| $25.8M | 0.01% |
849,708
+31,582
| +4% | +$813K |
|
1048
Wendy's
WEN
$1.4B
| $25.7M | 0.01% |
1,654,721
+67,019
| +4% | +$1.03M |
|
1049
Avis
CAR
$4.86B
| $25.7M | 0.01% |
675,001
-40,676
| -6% | -$1.37M |
|
|
LEXEA
1050
DELISTED
Liberty Expedia Holdings, Inc. Class A Common Stock
LEXEA
| $25.6M | 0.01% |
482,631
+9,999
| +2% | +$541K |
|
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.