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 | |
|---|---|---|---|---|---|---|
1201
Globus Medical
GMED
$10.7B
| $20.8M | 0.01% |
701,044
-12,787
| -2% | -$390K |
|
1202
Sprouts Farmers Market
SFM
$8.13B
| $20.8M | 0.01% |
1,109,916
+28,864
| +3% | +$639K |
|
|
WDR
1203
DELISTED
Waddell & Reed Financial, Inc.
WDR
| $20.8M | 0.01% |
1,036,517
-11,911
| -1% | -$229K |
|
|
ESL
1204
DELISTED
Esterline Technologies
ESL
| $20.8M | 0.01% |
230,599
-2,428
| -1% | -$219K |
|
|
MZTI
1205
The Marzetti Company
MZTI
$2.93B
| $20.8M | 0.01% |
173,041
+2,782
| +2% | +$336K |
|
|
INN
1206
Summit Hotel Properties
INN
$746M
| $20.8M | 0.01% |
1,299,184
-110,850
| -8% | -$1.8M |
|
|
AEL
1207
DELISTED
American Equity Investment Life Holding Company
AEL
| $20.8M | 0.01% |
713,818
+24,916
| +4% | +$688K |
|
1208
Coherent
COHR
$51.4B
| $20.7M | 0.01% |
503,837
+20,150
| +4% | +$751K |
|
1209
KBR
KBR
$4.62B
| $20.7M | 0.01% |
1,159,005
+19,637
| +2% | +$318K |
|
|
LPNT
1210
DELISTED
LifePoint Health, Inc.
LPNT
| $20.7M | 0.01% |
357,032
+18,409
| +5% | +$1.09M |
|
1211
Melco Resorts & Entertainment
MLCO
$2.22B
| $20.7M | 0.01% |
864,101
+51,552
| +6% | +$1.12M |
|
|
WAGE
1212
DELISTED
WageWorks, Inc.
WAGE
| $20.6M | 0.01% |
339,807
+34,836
| +11% | +$2.12M |
|
1213
SouthState Bank Corp
SSB
$10.2B
| $20.6M | 0.01% |
228,866
+5,306
| +2% | +$443K |
|
|
GPOR
1214
DELISTED
Gulfport Energy Corp.
GPOR
| $20.6M | 0.01% |
1,435,601
+41,795
| +3% | +$543K |
|
|
ARI
1215
Apollo Commercial Real Estate
ARI
$867M
| $20.6M | 0.01% |
1,135,250
-35,054
| -3% | -$634K |
|
1216
Northwest Bancshares
NWBI
$2.3B
| $20.5M | 0.01% |
1,188,647
+13,057
| +1% | +$207K |
|
1217
Hope Bancorp
HOPE
$1.79B
| $20.5M | 0.01% |
1,157,816
+63,972
| +6% | +$1.09M |
|
1218
Matador Resources
MTDR
$6.2B
| $20.5M | 0.01% |
754,404
+32,285
| +4% | +$767K |
|
1219
Skywest
SKYW
$4.24B
| $20.4M | 0.01% |
465,409
+11,596
| +3% | +$433K |
|
|
RP
1220
DELISTED
RealPage, Inc.
RP
| $20.4M | 0.01% |
511,618
+27,229
| +6% | +$1.09M |
|
1221
Kemper
KMPR
$1.67B
| $20.4M | 0.01% |
384,947
+22,505
| +6% | +$1.03M |
|
|
INVX
1222
Innovex International
INVX
$1.96B
| $20.4M | 0.01% |
461,109
-22,042
| -5% | -$959K |
|
1223
John Wiley & Sons Class A
WLY
$2.65B
| $20.3M | 0.01% |
379,601
+10,540
| +3% | +$565K |
|
1224
Trustmark
TRMK
$2.76B
| $20.2M | 0.01% |
609,016
+20,945
| +4% | +$651K |
|
|
BLD
1225
DELISTED
TopBuild
BLD
| $20.2M | 0.01% |
309,475
+6,622
| +2% | +$374K |
|
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.