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 | |
|---|---|---|---|---|---|---|
1076
ICU Medical
ICUI
$4.21B
| $24.7M | 0.01% |
132,922
+3,071
| +2% | +$536K |
|
1077
KB Home
KBH
$3.37B
| $24.6M | 0.01% |
1,021,950
+15,692
| +2% | +$353K |
|
|
ELME
1078
Elme Communities
ELME
$143M
| $24.6M | 0.01% |
751,298
+38,089
| +5% | +$1.24M |
|
1079
Wolfspeed
WOLF
$1.23B
| $24.6M | 0.01% |
871,908
+17,585
| +2% | +$438K |
|
1080
Pebblebrook Hotel Trust
PEB
$2.15B
| $24.5M | 0.01% |
679,093
-18,265
| -3% | -$607K |
|
|
CCMP
1081
DELISTED
CMC Materials, Inc. Common Stock
CCMP
| $24.5M | 0.01% |
306,952
-1,773
| -0.6% | -$131K |
|
1082
Ligand Pharmaceuticals
LGND
$5.76B
| $24.5M | 0.01% |
288,829
+3,081
| +1% | +$244K |
|
1083
Acadia Realty Trust
AKR
$3.09B
| $24.5M | 0.01% |
856,890
+12,637
| +1% | +$366K |
|
1084
Clean Harbors
CLH
$16.5B
| $24.5M | 0.01% |
432,249
+17,937
| +4% | +$976K |
|
1085
H.B. Fuller
FUL
$2.97B
| $24.5M | 0.01% |
421,425
+21,065
| +5% | +$1.1M |
|
1086
Nexstar Media Group
NXST
$5.82B
| $24.4M | 0.01% |
392,218
+17,480
| +5% | +$1.08M |
|
1087
Marriott Vacations Worldwide
VAC
$3.35B
| $24.4M | 0.01% |
196,034
+8,352
| +4% | +$961K |
|
1088
Agios Pharmaceuticals
AGIO
$1.79B
| $24.4M | 0.01% |
365,439
+19,050
| +5% | +$1.14M |
|
|
WMGI
1089
DELISTED
Wright Medical Group Inc
WMGI
| $24.3M | 0.01% |
939,486
+52,752
| +6% | +$1.45M |
|
1090
Progress Software
PRGS
$1.66B
| $24.3M | 0.01% |
636,548
+78,346
| +14% | +$2.62M |
|
|
UFS
1091
DELISTED
DOMTAR CORPORATION (New)
UFS
| $24.3M | 0.01% |
559,282
+8,786
| +2% | +$350K |
|
|
HA
1092
DELISTED
Hawaiian Holdings, Inc.
HA
| $24.3M | 0.01% |
645,986
-176,379
| -21% | -$7.48M |
|
|
ONCE
1093
DELISTED
Spark Therapeutics, Inc. Common Stock
ONCE
| $24.3M | 0.01% |
272,015
+72,974
| +37% | +$5.54M |
|
1094
Cooper-Standard Automotive
CPS
$523M
| $24.2M | 0.01% |
208,914
-581
| -0.3% | -$60.3K |
|
1095
Hyatt Hotels
H
$16.4B
| $24.2M | 0.01% |
391,858
+85,110
| +28% | +$4.92M |
|
|
ZEN
1096
DELISTED
ZENDESK INC
ZEN
| $24.2M | 0.01% |
831,206
+163,277
| +24% | +$4.58M |
|
|
BUFF
1097
DELISTED
Blue Buffalo Pet Products, Inc
BUFF
| $24.2M | 0.01% |
852,709
+19,215
| +2% | +$470K |
|
1098
Churchill Downs
CHDN
$5.88B
| $24.1M | 0.01% |
702,564
+20,904
| +3% | +$669K |
|
1099
Merit Medical Systems
MMSI
$5.08B
| $24.1M | 0.01% |
570,127
+10,774
| +2% | +$434K |
|
1100
Credicorp
BAP
$31.8B
| $24.1M | 0.01% |
118,270
+1,193
| +1% | +$234K |
|
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.