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 | |
|---|---|---|---|---|---|---|
|
HMSY
1326
DELISTED
HMS Holdings Corp.
HMSY
| $17.8M | 0.01% |
894,504
-30,767
| -3% | -$572K |
|
1327
Commercial Metals
CMC
$7.6B
| $17.7M | 0.01% |
931,416
+19,048
| +2% | +$357K |
|
1328
News Corp Class B
NWS
$16.9B
| $17.7M | 0.01% |
1,299,004
+34,751
| +3% | +$484K |
|
1329
Methode Electronics
MEI
$496M
| $17.7M | 0.01% |
417,884
-11,477
| -3% | -$455K |
|
1330
EXL Service
EXLS
$5.14B
| $17.7M | 0.01% |
1,517,075
+9,965
| +0.7% | +$112K |
|
1331
Groupon
GRPN
$1.05B
| $17.7M | 0.01% |
170,110
+2,715
| +2% | +$224K |
|
|
EFII
1332
DELISTED
Electronics for Imaging
EFII
| $17.7M | 0.01% |
414,127
+16,993
| +4% | +$695K |
|
1333
Chord Energy
CHRD
$7.9B
| $17.6M | 0.01% |
1,935,260
+87,116
| +5% | +$683K |
|
1334
PENN Entertainment
PENN
$2.75B
| $17.6M | 0.01% |
753,778
-12,529
| -2% | -$268K |
|
|
XOG
1335
DELISTED
Extraction Oil & Gas, Inc. Common Stock
XOG
| $17.6M | 0.01% |
1,145,008
+558,522
| +95% | +$7.17M |
|
1336
Capitol Federal Financial
CFFN
$1.09B
| $17.6M | 0.01% |
1,197,266
+80,317
| +7% | +$1.12M |
|
1337
Papa John's
PZZA
$984M
| $17.6M | 0.01% |
240,315
+8,219
| +4% | +$618K |
|
|
DMC
1338
Del Monte Corp
DMC
$1.41B
| $17.6M | 0.01% |
386,167
-17,024
| -4% | -$827K |
|
|
UCB
1339
United Community Banks
UCB
$4.24B
| $17.5M | 0.01% |
614,851
+15,464
| +3% | +$418K |
|
1340
Designer Brands
DBI
$307M
| $17.5M | 0.01% |
816,627
-142,801
| -15% | -$2.63M |
|
|
VGR
1341
DELISTED
Vector Group Ltd.
VGR
| $17.5M | 0.01% |
1,329,587
+44,493
| +3% | +$578K |
|
|
RAD
1342
DELISTED
Rite Aid Corporation
RAD
| $17.5M | 0.01% |
446,427
+31,310
| +8% | +$1.48M |
|
1343
Towne Bank
TOWN
$3.46B
| $17.5M | 0.01% |
521,227
+7,462
| +1% | +$232K |
|
|
TPH
1344
DELISTED
Tri Pointe Homes
TPH
| $17.4M | 0.01% |
1,263,238
-56,693
| -4% | -$754K |
|
|
COTV
1345
DELISTED
Cotiviti Holdings, Inc.
COTV
| $17.4M | 0.01% |
484,522
+191,735
| +65% | +$7.22M |
|
|
ALEX
1346
DELISTED
Alexander & Baldwin
ALEX
| $17.4M | 0.01% |
375,340
+7,906
| +2% | +$342K |
|
1347
Zillow
ZG
$7.94B
| $17.4M | 0.01% |
432,310
+2,055
| +0.5% | +$86.9K |
|
|
QEP
1348
DELISTED
QEP RESOURCES, INC.
QEP
| $17.3M | 0.01% |
2,021,712
+144,991
| +8% | +$1.19M |
|
|
CHSP
1349
DELISTED
Chesapeake Lodging Trust
CHSP
| $17.3M | 0.01% |
641,040
-23,867
| -4% | -$603K |
|
|
CVSA
1350
Covista Inc
CVSA
$4.25B
| $17.3M | 0.01% |
482,234
+25,750
| +6% | +$880K |
|
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.