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 | |
|---|---|---|---|---|---|---|
|
VWR
1051
DELISTED
VWR Corporation
VWR
| $25.6M | 0.01% |
773,396
+18,090
| +2% | +$598K |
|
|
WBT
1052
DELISTED
Welbilt, Inc.
WBT
| $25.6M | 0.01% |
1,110,829
+36,085
| +3% | +$730K |
|
|
CLR
1053
DELISTED
CONTINENTAL RESOURCES INC.
CLR
| $25.6M | 0.01% |
662,707
+3,946
| +0.6% | +$134K |
|
1054
Thomson Reuters
TRI
$42.8B
| $25.6M | 0.01% |
480,992
-94,041
| -16% | -$5.02M |
|
|
ILG
1055
DELISTED
ILG, Inc Common Stock
ILG
| $25.6M | 0.01% |
956,128
+22,148
| +2% | +$586K |
|
1056
Glacier Bancorp
GBCI
$6.42B
| $25.5M | 0.01% |
676,125
+28,984
| +4% | +$1M |
|
|
PRA
1057
DELISTED
ProAssurance
PRA
| $25.5M | 0.01% |
466,957
+22,639
| +5% | +$1.28M |
|
|
AKRX
1058
DELISTED
Akorn Inc
AKRX
| $25.5M | 0.01% |
768,178
+32,300
| +4% | +$1.07M |
|
|
TWOU
1059
DELISTED
2U Inc
TWOU
| $25.5M | 0.01% |
15,140
+3,242
| +27% | +$4.88M |
|
1060
AutoNation
AN
$7.11B
| $25.4M | 0.01% |
536,633
-146,229
| -21% | -$6.33M |
|
|
TUP
1061
DELISTED
Tupperware Brands Corporation
TUP
| $25.4M | 0.01% |
411,118
+13,755
| +3% | +$848K |
|
|
PCH
1062
DELISTED
PotlatchDeltic
PCH
| $25.4M | 0.01% |
498,122
+55,995
| +13% | +$2.65M |
|
1063
FirstCash
FCFS
$8.85B
| $25.3M | 0.01% |
401,031
+13,236
| +3% | +$782K |
|
|
FNGN
1064
DELISTED
Financial Engines, Inc.
FNGN
| $25.3M | 0.01% |
728,294
+90,380
| +14% | +$3.14M |
|
1065
MasTec
MTZ
$21.1B
| $25.2M | 0.01% |
543,002
+12,264
| +2% | +$534K |
|
1066
NorthWestern Energy
NWE
$4.23B
| $25.1M | 0.01% |
440,920
+50,930
| +13% | +$3.04M |
|
1067
PBF Energy
PBF
$8.57B
| $25.1M | 0.01% |
908,497
+41,312
| +5% | +$956K |
|
|
MNDT
1068
DELISTED
Mandiant, Inc. Common Stock
MNDT
| $25.1M | 0.01% |
1,495,028
+57,573
| +4% | +$884K |
|
1069
Westlake Corp
WLK
$9.03B
| $24.9M | 0.01% |
299,853
+16,609
| +6% | +$1.22M |
|
|
NUVA
1070
DELISTED
NuVasive, Inc.
NUVA
| $24.9M | 0.01% |
449,237
+22,233
| +5% | +$1.47M |
|
1071
Manhattan Associates
MANH
$11.2B
| $24.9M | 0.01% |
598,540
+11,435
| +2% | +$501K |
|
1072
Sarepta Therapeutics
SRPT
$1.57B
| $24.8M | 0.01% |
545,825
+99,556
| +22% | +$3.98M |
|
1073
Urban Edge Properties
UE
$2.86B
| $24.7M | 0.01% |
1,025,512
+98,545
| +11% | +$2.44M |
|
1074
Erie Indemnity
ERIE
$12.7B
| $24.7M | 0.01% |
205,121
+7,889
| +4% | +$963K |
|
|
ECHO
1075
EchoStar
ECHO
$24.4B
| $24.7M | 0.01% |
532,831
+17,759
| +3% | +$847K |
|
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.