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 | |
|---|---|---|---|---|---|---|
|
FOLD
1151
DELISTED
Amicus Therapeutics
FOLD
| $22.2M | 0.01% |
1,473,089
+222,064
| +18% | +$2.94M |
|
1152
Energizer
ENR
$1.44B
| $22.2M | 0.01% |
481,811
+17,210
| +4% | +$775K |
|
1153
Peabody Energy
BTU
$2.6B
| $22.2M | 0.01% |
764,746
+27,297
| +4% | +$770K |
|
1154
Pilgrim's Pride
PPC
$6.51B
| $22.1M | 0.01% |
778,685
-244,097
| -24% | -$6.42M |
|
1155
Mercury Systems
MRCY
$5.83B
| $22.1M | 0.01% |
425,305
+13,809
| +3% | +$637K |
|
|
ROIC
1156
DELISTED
Retail Opportunity Investments Corp.
ROIC
| $22.1M | 0.01% |
1,160,642
+15,745
| +1% | +$312K |
|
|
FNSR
1157
DELISTED
Finisar Corp
FNSR
| $22M | 0.01% |
990,721
-105,902
| -10% | -$2.59M |
|
|
ARRY
1158
DELISTED
Array Biopharma Inc
ARRY
| $21.9M | 0.01% |
1,784,045
+284,867
| +19% | +$2.65M |
|
|
LNW
1159
DELISTED
Light & Wonder
LNW
| $21.9M | 0.01% |
478,384
+3,346
| +0.7% | +$117K |
|
1160
RingCentral
RNG
$4.66B
| $21.9M | 0.01% |
524,743
+35,900
| +7% | +$1.38M |
|
1161
Telephone and Data Systems
TDS
$3.82B
| $21.9M | 0.01% |
783,981
+23,705
| +3% | +$670K |
|
1162
Brady Corp
BRC
$4.44B
| $21.8M | 0.01% |
575,636
+116,973
| +26% | +$3.99M |
|
1163
Empire State Realty Trust
ESRT
$872M
| $21.8M | 0.01% |
1,059,154
+63,215
| +6% | +$1.29M |
|
1164
Applied Industrial Technologies
AIT
$12.8B
| $21.7M | 0.01% |
330,035
+10,396
| +3% | +$603K |
|
|
MIK
1165
DELISTED
Michaels Stores, Inc
MIK
| $21.7M | 0.01% |
1,011,461
+18,934
| +2% | +$386K |
|
1166
CVB Financial
CVBF
$3.94B
| $21.7M | 0.01% |
896,185
+37,374
| +4% | +$806K |
|
|
HAWK
1167
DELISTED
Blackhawk Network Holdings, Inc. Common Stock
HAWK
| $21.6M | 0.01% |
494,270
+21,492
| +5% | +$938K |
|
1168
Trex
TREX
$4.51B
| $21.6M | 0.01% |
961,412
+50,104
| +5% | +$955K |
|
|
CADE
1169
DELISTED
Cadence Bank
CADE
| $21.6M | 0.01% |
674,473
+14,962
| +2% | +$448K |
|
1170
Morningstar
MORN
$7.22B
| $21.6M | 0.01% |
254,174
+2,880
| +1% | +$235K |
|
|
GWB
1171
DELISTED
Great Western Bancorp, Inc.
GWB
| $21.6M | 0.01% |
522,939
+9,107
| +2% | +$347K |
|
1172
Zurn Elkay Water Solutions
ZWS
$8.38B
| $21.6M | 0.01% |
1,762,603
+97,645
| +6% | +$1.13M |
|
1173
Dycom Industries
DY
$12B
| $21.6M | 0.01% |
251,072
+6,331
| +3% | +$534K |
|
|
SAVE
1174
DELISTED
Spirit Airlines, Inc.
SAVE
| $21.6M | 0.01% |
645,395
+24,094
| +4% | +$964K |
|
1175
Haemonetics
HAE
$3.89B
| $21.5M | 0.01% |
480,218
+25,128
| +6% | +$1.04M |
|
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.