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 | |
|---|---|---|---|---|---|---|
|
SRCI
1401
DELISTED
SRC Energy Inc
SRCI
| $15.9M | 0.01% |
1,648,569
+70,378
| +4% | +$556K |
|
1402
Artisan Partners
APAM
$2.79B
| $15.9M | 0.01% |
488,935
+115,571
| +31% | +$3.59M |
|
|
WLL
1403
DELISTED
Whiting Petroleum Corporation
WLL
| $15.9M | 0.01% |
9,728
+1,867
| +24% | +$2.74M |
|
1404
First Financial Bancorp
FFBC
$3.55B
| $15.9M | 0.01% |
608,445
+17,993
| +3% | +$460K |
|
1405
LendingTree
TREE
$447M
| $15.9M | 0.01% |
65,027
+2,236
| +4% | +$483K |
|
1406
Simmons First National
SFNC
$3.41B
| $15.9M | 0.01% |
548,056
+10,106
| +2% | +$269K |
|
|
CVA
1407
DELISTED
Covanta Holding Corporation
CVA
| $15.8M | 0.01% |
1,067,044
+20,477
| +2% | +$288K |
|
|
GOV
1408
DELISTED
Government Properties Income Trust
GOV
| $15.8M | 0.01% |
843,007
+248,542
| +42% | +$4.53M |
|
1409
First Hawaiian
FHB
$3.38B
| $15.8M | 0.01% |
521,295
+14,680
| +3% | +$424K |
|
1410
Genworth Financial
GNW
$3.76B
| $15.8M | 0.01% |
4,095,748
+147,157
| +4% | +$525K |
|
|
CBM
1411
DELISTED
Cambrex Corporation
CBM
| $15.8M | 0.01% |
286,576
+6,094
| +2% | +$335K |
|
1412
BCE
BCE
$20.2B
| $15.7M | 0.01% |
336,230
+47,567
| +16% | +$2.23M |
|
1413
American States Water
AWR
$3.36B
| $15.7M | 0.01% |
317,790
-22,160
| -7% | -$1.09M |
|
1414
Pacira BioSciences
PCRX
$1.04B
| $15.6M | 0.01% |
416,675
+14,025
| +3% | +$564K |
|
1415
Kaiser Aluminum
KALU
$2.61B
| $15.6M | 0.01% |
151,000
+2,734
| +2% | +$263K |
|
1416
Otter Tail
OTTR
$3.71B
| $15.6M | 0.01% |
359,241
+10,584
| +3% | +$438K |
|
1417
Twilio
TWLO
$30B
| $15.6M | 0.01% |
521,245
+254,197
| +95% | +$7.62M |
|
1418
Forward Air
FWRD
$444M
| $15.5M | 0.01% |
271,408
+5,212
| +2% | +$275K |
|
1419
Allegiant Air
ALGT
$2.64B
| $15.5M | 0.01% |
117,747
-943
| -0.8% | -$121K |
|
|
CHS
1420
DELISTED
Chicos FAS, Inc.
CHS
| $15.5M | 0.01% |
1,732,398
-3,870
| -0.2% | -$32.9K |
|
1421
NBT Bancorp
NBTB
$2.74B
| $15.5M | 0.01% |
421,911
+8,135
| +2% | +$284K |
|
|
ENDP
1422
DELISTED
Endo International plc
ENDP
| $15.5M | 0.01% |
1,808,016
-151,526
| -8% | -$1.46M |
|
|
SC
1423
DELISTED
SANTANDER CONSUMER USA HOLDINGS INC
SC
| $15.5M | 0.01% |
1,006,052
+45,508
| +5% | +$621K |
|
1424
Invesco Mortgage Capital
IVR
$759M
| $15.5M | 0.01% |
90,253
+3,654
| +4% | +$616K |
|
1425
Ryanair
RYAAY
$30.4B
| $15.4M | 0.01% |
366,350
+27,947
| +8% | +$1.26M |
|
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.