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 | |
|---|---|---|---|---|---|---|
|
KS
1426
DELISTED
KapStone Paper and Pack Corp.
KS
| $15.4M | 0.01% |
718,515
+25,056
| +4% | +$557K |
|
1427
The Greenbrier Companies
GBX
$1.52B
| $15.4M | 0.01% |
319,378
-32,715
| -9% | -$1.45M |
|
1428
Bloomin' Brands
BLMN
$741M
| $15.4M | 0.01% |
873,598
-15,500
| -2% | -$283K |
|
1429
HNI Corp
HNI
$3.24B
| $15.4M | 0.01% |
370,395
-11,101
| -3% | -$418K |
|
1430
Cars.com
CARS
$662M
| $15.4M | 0.01% |
577,134
-223,673
| -28% | -$5.68M |
|
|
PEGI
1431
DELISTED
Pattern Energy Group Inc. Class A
PEGI
| $15.3M | 0.01% |
635,802
-25,901
| -4% | -$643K |
|
1432
California Water Service
CWT
$3.1B
| $15.3M | 0.01% |
401,305
+8,114
| +2% | +$306K |
|
|
BID
1433
DELISTED
Sotheby's
BID
| $15.3M | 0.01% |
331,838
-15,708
| -5% | -$775K |
|
1434
Extreme Networks
EXTR
$3.94B
| $15.3M | 0.01% |
1,286,380
+287,419
| +29% | +$2.96M |
|
|
PINC
1435
DELISTED
Premier
PINC
| $15.2M | 0.01% |
467,451
+20,056
| +4% | +$681K |
|
1436
Shenandoah Telecom
SHEN
$664M
| $15.2M | 0.01% |
408,782
+8,500
| +2% | +$288K |
|
|
CJ
1437
DELISTED
C&J Energy Services, Inc.
CJ
| $15.2M | 0.01% |
505,785
+8,646
| +2% | +$256K |
|
1438
WesBanco
WSBC
$3.97B
| $15.1M | 0.01% |
369,298
+7,382
| +2% | +$283K |
|
|
BWLD
1439
DELISTED
Buffalo Wild Wings, Inc.
BWLD
| $15.1M | 0.01% |
143,158
-1,386
| -1% | -$154K |
|
|
SPTN
1440
DELISTED
SpartanNash
SPTN
| $15.1M | 0.01% |
572,096
+17,518
| +3% | +$451K |
|
1441
Inogen
INGN
$175M
| $15.1M | 0.01% |
158,376
-16,349
| -9% | -$1.58M |
|
|
FOE
1442
DELISTED
Ferro Corporation
FOE
| $15M | 0.01% |
674,276
+16,112
| +2% | +$314K |
|
|
AERI
1443
DELISTED
Aerie Pharmaceuticals
AERI
| $15M | 0.01% |
309,231
+16,569
| +6% | +$904K |
|
1444
Kosmos Energy
KOS
$1.6B
| $15M | 0.01% |
1,884,890
+143,309
| +8% | +$990K |
|
1445
Penske Automotive Group
PAG
$14.3B
| $15M | 0.01% |
315,378
+26,347
| +9% | +$1.14M |
|
1446
Werner Enterprises
WERN
$2.24B
| $14.9M | 0.01% |
408,658
+18,651
| +5% | +$592K |
|
|
MSGN
1447
DELISTED
MSG Networks Inc.
MSGN
| $14.9M | 0.01% |
703,582
-23,574
| -3% | -$501K |
|
|
ESV
1448
DELISTED
Ensco Rowan plc
ESV
| $14.9M | 0.01% |
624,542
-21,315
| -3% | -$425K |
|
1449
Axos Financial
AX
$5.77B
| $14.8M | 0.01% |
520,638
-7,777
| -1% | -$203K |
|
|
VTLE
1450
DELISTED
Vital Energy
VTLE
| $14.7M | 0.01% |
57,019
+2,894
| +5% | +$701K |
|
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.