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 | |
|---|---|---|---|---|---|---|
1351
Exponent
EXPO
$3.24B
| $17.3M | 0.01% |
467,544
+8,632
| +2% | +$285K |
|
1352
Tronox
TROX
$932M
| $17.3M | 0.01% |
817,841
+280,553
| +52% | +$5.56M |
|
|
HAPN
1353
Happen Inc
HAPN
$2.21B
| $17.2M | 0.01% |
566,299
+29,488
| +5% | +$849K |
|
|
MDP
1354
DELISTED
Meredith Corporation
MDP
| $17.2M | 0.01% |
310,686
+15,700
| +5% | +$890K |
|
1355
Builders FirstSource
BLDR
$7.15B
| $17.1M | 0.01% |
951,681
+108,196
| +13% | +$1.74M |
|
|
HRG
1356
DELISTED
HRG Group, Inc.
HRG
| $17.1M | 0.01% |
1,096,755
+30,451
| +3% | +$492K |
|
1357
Cheesecake Factory
CAKE
$5.04B
| $17.1M | 0.01% |
405,980
+10,829
| +3% | +$482K |
|
1358
LiveRamp
RAMP
$2.3B
| $17.1M | 0.01% |
693,963
+21,565
| +3% | +$530K |
|
1359
Columbia Sportswear
COLM
$3.04B
| $17.1M | 0.01% |
277,542
+8,371
| +3% | +$485K |
|
|
SEM
1360
DELISTED
Select Medical
SEM
| $17.1M | 0.01% |
1,650,632
+36,974
| +2% | +$341K |
|
1361
Renasant Corp
RNST
$3.98B
| $17.1M | 0.01% |
397,846
+12,718
| +3% | +$524K |
|
|
LTXB
1362
DELISTED
LegacyTexas Financial Group Inc
LTXB
| $16.9M | 0.01% |
424,585
-6,586
| -2% | -$248K |
|
1363
Delek US
DK
$4.16B
| $16.9M | 0.01% |
633,005
+177,770
| +39% | +$4.45M |
|
|
NEWR
1364
DELISTED
New Relic, Inc.
NEWR
| $16.9M | 0.01% |
339,247
+82,642
| +32% | +$3.9M |
|
1365
Northwest Natural Holdings
NWN
$2.06B
| $16.9M | 0.01% |
261,726
-2,830
| -1% | -$182K |
|
|
AAT
1366
American Assets Trust
AAT
$1.45B
| $16.8M | 0.01% |
422,501
+12,546
| +3% | +$503K |
|
1367
Mueller Water Products
MWA
$3.95B
| $16.8M | 0.01% |
1,312,604
+30,921
| +2% | +$367K |
|
|
DOOR
1368
DELISTED
MASONITE INTERNATIONAL CORP
DOOR
| $16.8M | 0.01% |
242,392
+5,119
| +2% | +$353K |
|
|
AKS
1369
DELISTED
AK Steel Holding Corp
AKS
| $16.6M | 0.01% |
2,974,577
+247,803
| +9% | +$1.42M |
|
1370
Hecla Mining
HL
$9.47B
| $16.6M | 0.01% |
3,311,642
+176,855
| +6% | +$907K |
|
1371
Brookdale Senior Living
BKD
$3.49B
| $16.6M | 0.01% |
1,565,905
+103,363
| +7% | +$1.31M |
|
1372
Mercury Insurance
MCY
$5.93B
| $16.6M | 0.01% |
292,789
+11,334
| +4% | +$642K |
|
1373
Scansource
SCSC
$1.15B
| $16.6M | 0.01% |
380,066
-435
| -0.1% | -$17.1K |
|
1374
Kite Realty
KRG
$5.81B
| $16.6M | 0.01% |
818,587
+13,180
| +2% | +$264K |
|
|
UPL
1375
DELISTED
Ultra Petroleum Corp. Common Stock
UPL
| $16.6M | 0.01% |
1,910,045
+1,370,761
| +254% | +$12.5M |
|
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.