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 | |
|---|---|---|---|---|---|---|
|
FCB
1376
DELISTED
FCB Financial Holdings, Inc.
FCB
| $16.5M | 0.01% |
342,170
+14,211
| +4% | +$648K |
|
1377
Banner Corp
BANR
$2.39B
| $16.5M | 0.01% |
269,337
+6,040
| +2% | +$342K |
|
1378
Mueller Industries
MLI
$14.7B
| $16.5M | 0.01% |
1,887,096
+50,612
| +3% | +$388K |
|
1379
Watts Water Technologies
WTS
$11.5B
| $16.5M | 0.01% |
238,129
+5,308
| +2% | +$341K |
|
|
AF
1380
DELISTED
Astoria Financial Corporation
AF
| $16.5M | 0.01% |
766,212
+43,092
| +6% | +$857K |
|
1381
Omnicell
OMCL
$1.61B
| $16.4M | 0.01% |
322,112
+6,925
| +2% | +$332K |
|
1382
Mativ Holdings
MATV
$481M
| $16.4M | 0.01% |
395,576
+3,600
| +0.9% | +$138K |
|
1383
Monro
MNRO
$383M
| $16.4M | 0.01% |
292,215
+6,670
| +2% | +$313K |
|
1384
Four Corners Property Trust
FCPT
$2.81B
| $16.4M | 0.01% |
656,856
-109,227
| -14% | -$2.74M |
|
1385
Simpson Manufacturing
SSD
$7.72B
| $16.3M | 0.01% |
333,082
+15,412
| +5% | +$687K |
|
|
ARGO
1386
DELISTED
Argo Group International Holdings, Ltd.
ARGO
| $16.3M | 0.01% |
304,676
+16,634
| +6% | +$871K |
|
|
SFBS
1387
ServisFirst Bancshares
SFBS
$4.89B
| $16.3M | 0.01% |
418,778
+13,427
| +3% | +$478K |
|
1388
First Merchants
FRME
$2.68B
| $16.2M | 0.01% |
377,938
+12,921
| +4% | +$515K |
|
1389
SM Energy
SM
$7.8B
| $16.2M | 0.01% |
913,935
+49,919
| +6% | +$780K |
|
1390
Franklin Electric
FELE
$4.63B
| $16.2M | 0.01% |
360,935
+8,171
| +2% | +$332K |
|
1391
Protolabs
PRLB
$1.79B
| $16.1M | 0.01% |
201,091
+4,097
| +2% | +$296K |
|
1392
Ameris Bancorp
ABCB
$5.85B
| $16.1M | 0.01% |
335,937
+17,142
| +5% | +$778K |
|
1393
QuidelOrtho
QDEL
$1.14B
| $16.1M | 0.01% |
367,471
+110,788
| +43% | +$3.86M |
|
1394
Universal Corp
UVV
$1.31B
| $16.1M | 0.01% |
281,214
-23,521
| -8% | -$1.41M |
|
1395
MACOM Technology Solutions
MTSI
$19.2B
| $16.1M | 0.01% |
360,543
+30,026
| +9% | +$1.46M |
|
1396
Etsy
ETSY
$7.75B
| $16.1M | 0.01% |
951,541
+87,922
| +10% | +$1.39M |
|
|
AMED
1397
DELISTED
Amedisys
AMED
| $16M | 0.01% |
286,772
+45,237
| +19% | +$2.39M |
|
1398
TTM Technologies
TTMI
$12B
| $16M | 0.01% |
1,039,011
+26,026
| +3% | +$406K |
|
1399
Box
BOX
$4.37B
| $16M | 0.01% |
826,508
+256,334
| +45% | +$4.82M |
|
1400
Quaker Houghton
KWR
$2.76B
| $16M | 0.01% |
107,850
+2,148
| +2% | +$305K |
|
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.