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 | |
|---|---|---|---|---|---|---|
1176
Columbia Banking Systems
COLB
$8.84B
| $21.5M | 0.01% |
511,655
+11,766
| +2% | +$455K |
|
1177
Ingevity
NGVT
$2.51B
| $21.4M | 0.01% |
343,339
+10,320
| +3% | +$611K |
|
1178
Diamondrock Hospitality Co
DRH
$2.71B
| $21.4M | 0.01% |
1,956,853
+48,883
| +3% | +$545K |
|
|
IRBT
1179
DELISTED
iRobot
IRBT
| $21.4M | 0.01% |
277,935
+49,828
| +22% | +$4.56M |
|
1180
Penumbra
PEN
$12.7B
| $21.4M | 0.01% |
236,896
+21,760
| +10% | +$1.87M |
|
1181
AMN Healthcare
AMN
$1.3B
| $21.3M | 0.01% |
467,048
+91,946
| +25% | +$3.51M |
|
|
AVNS
1182
DELISTED
Avanos Medical
AVNS
| $21.3M | 0.01% |
473,400
+58,401
| +14% | +$2.49M |
|
1183
Wayfair
W
$11.2B
| $21.3M | 0.01% |
316,247
+65,647
| +26% | +$4.87M |
|
1184
Sally Beauty Holdings
SBH
$1.43B
| $21.3M | 0.01% |
1,088,503
-28,841
| -3% | -$567K |
|
|
NVRO
1185
DELISTED
NEVRO CORP.
NVRO
| $21.3M | 0.01% |
234,455
+47,633
| +25% | +$4.08M |
|
1186
Oceaneering
OII
$4.86B
| $21.3M | 0.01% |
810,935
+14,433
| +2% | +$349K |
|
1187
ATI
ATI
$25.6B
| $21.3M | 0.01% |
890,714
+37,585
| +4% | +$744K |
|
1188
Steven Madden
SHOO
$3.37B
| $21.2M | 0.01% |
735,188
+32,610
| +5% | +$897K |
|
|
EFOR
1189
Everforth Inc
EFOR
$1.17B
| $21.2M | 0.01% |
395,258
+12,191
| +3% | +$610K |
|
|
AJRD
1190
DELISTED
Aerojet Rocketdyne Holdings
AJRD
| $21.1M | 0.01% |
604,023
+14,347
| +2% | +$386K |
|
|
TIVO
1191
DELISTED
Tivo Inc
TIVO
| $21.1M | 0.01% |
1,063,504
+43,509
| +4% | +$813K |
|
1192
BOK Financial
BOKF
$8.58B
| $21.1M | 0.01% |
236,969
+4,638
| +2% | +$387K |
|
|
UNIT
1193
Uniti Group
UNIT
$2.36B
| $21.1M | 0.01% |
1,437,876
+34,273
| +2% | +$724K |
|
|
AVXS
1194
DELISTED
AveXis, Inc. Common Stock
AVXS
| $21M | 0.01% |
217,575
+11,351
| +6% | +$1.02M |
|
1195
Insmed
INSM
$21.4B
| $21M | 0.01% |
672,272
+141,121
| +27% | +$2.69M |
|
1196
Blackstone Mortgage Trust
BXMT
$2.45B
| $21M | 0.01% |
675,713
+40,245
| +6% | +$1.25M |
|
|
VRE
1197
DELISTED
Veris Residential
VRE
| $21M | 0.01% |
883,796
+16,826
| +2% | +$414K |
|
|
WCC
1198
WESCO International
WCC
$16.7B
| $20.9M | 0.01% |
359,173
+4,013
| +1% | +$216K |
|
1199
Spectrum Brands
SPB
$2.04B
| $20.9M | 0.01% |
197,481
-3,125
| -2% | -$351K |
|
1200
World Kinect Corp
WKC
$2.04B
| $20.8M | 0.01% |
614,717
+28,065
| +5% | +$1M |
|
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.