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 | |
|---|---|---|---|---|---|---|
|
ENV
1301
DELISTED
ENVESTNET, INC.
ENV
| $18.2M | 0.01% |
357,733
+18,027
| +5% | +$770K |
|
1302
LXP Industrial Trust
LXP
$3.57B
| $18.2M | 0.01% |
356,528
+8,723
| +3% | +$436K |
|
1303
Deckers Outdoor
DECK
$13.2B
| $18.2M | 0.01% |
1,595,412
+109,686
| +7% | +$1.18M |
|
|
QCP
1304
DELISTED
Quality Care Properties, Inc.
QCP
| $18.2M | 0.01% |
1,173,558
-88,900
| -7% | -$1.41M |
|
1305
Korn Ferry
KFY
$4.18B
| $18.2M | 0.01% |
461,263
+9,115
| +2% | +$314K |
|
|
GCP
1306
DELISTED
GCP Applied Technologies Inc.
GCP
| $18.1M | 0.01% |
590,219
+24,933
| +4% | +$746K |
|
1307
SiteOne Landscape Supply
SITE
$4.12B
| $18.1M | 0.01% |
311,855
+56,670
| +22% | +$2.97M |
|
1308
RLI Corp
RLI
$5.62B
| $18.1M | 0.01% |
630,688
+21,580
| +4% | +$593K |
|
|
SCS
1309
DELISTED
Steelcase
SCS
| $18.1M | 0.01% |
1,173,779
+109,309
| +10% | +$1.5M |
|
1310
Wabash National
WNC
$512M
| $18.1M | 0.01% |
792,095
-367
| -0% | -$7.72K |
|
1311
Compass Minerals
CMP
$1.23B
| $18.1M | 0.01% |
278,224
+7,419
| +3% | +$496K |
|
|
MDC
1312
DELISTED
M.D.C. Holdings, Inc.
MDC
| $18M | 0.01% |
684,529
+122,083
| +22% | +$3.22M |
|
1313
Boyd Gaming
BYD
$6.18B
| $18M | 0.01% |
691,819
+39,040
| +6% | +$1.01M |
|
1314
Insight Enterprises
NSIT
$3.89B
| $18M | 0.01% |
392,359
-19,234
| -5% | -$792K |
|
|
LTC
1315
LTC Properties
LTC
$2.06B
| $18M | 0.01% |
383,405
+7,126
| +2% | +$351K |
|
1316
B&G Foods
BGS
$287M
| $18M | 0.01% |
564,589
+24,623
| +5% | +$809K |
|
|
WPG
1317
DELISTED
Washington Prime Group Inc.
WPG
| $18M | 0.01% |
239,735
+30,928
| +15% | +$2.4M |
|
1318
Supernus Pharmaceuticals
SUPN
$2.59B
| $18M | 0.01% |
449,251
-5,158
| -1% | -$223K |
|
1319
Hilltop Holdings
HTH
$2.26B
| $17.9M | 0.01% |
690,324
+18,156
| +3% | +$456K |
|
1320
Independent Bank
INDB
$3.99B
| $17.9M | 0.01% |
240,120
+8,999
| +4% | +$626K |
|
1321
La-Z-Boy
LZB
$1.58B
| $17.9M | 0.01% |
665,054
+53,332
| +9% | +$1.55M |
|
1322
J&J Snack Foods
JJSF
$1.43B
| $17.9M | 0.01% |
136,237
+5,576
| +4% | +$719K |
|
1323
Dave & Buster's
PLAY
$377M
| $17.9M | 0.01% |
340,633
+18,111
| +6% | +$1.08M |
|
1324
Matthews International
MATW
$866M
| $17.9M | 0.01% |
287,088
+5,796
| +2% | +$362K |
|
|
DGI
1325
DELISTED
DigitalGlobe Inc.
DGI
| $17.8M | 0.01% |
505,295
-11,413
| -2% | -$390K |
|
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.