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 | |
|---|---|---|---|---|---|---|
1451
Nelnet
NNI
$4.88B
| $14.7M | 0.01% |
291,939
-10,365
| -3% | -$497K |
|
|
SINA
1452
DELISTED
Sina Corp
SINA
| $14.7M | 0.01% |
128,863
-4,456
| -3% | -$450K |
|
|
NTRI
1453
DELISTED
NutriSystem, Inc.
NTRI
| $14.7M | 0.01% |
263,255
+11,832
| +5% | +$641K |
|
1454
Greif
GEF
$4.92B
| $14.7M | 0.01% |
251,116
-27,706
| -10% | -$1.58M |
|
1455
Terreno Realty
TRNO
$7.57B
| $14.6M | 0.01% |
404,560
+13,504
| +3% | +$474K |
|
1456
Telus
TU
$14.9B
| $14.6M | 0.01% |
814,248
+96,984
| +14% | +$1.74M |
|
|
SEMG
1457
DELISTED
SEMGROUP CORPORATION
SEMG
| $14.5M | 0.01% |
505,950
+59,466
| +13% | +$1.54M |
|
|
SIR
1458
DELISTED
SELECT INCOME REIT
SIR
| $14.5M | 0.01% |
1,410,573
+29,350
| +2% | +$301K |
|
|
AAWW
1459
DELISTED
Atlas Air Worldwide Holdings, Inc.
AAWW
| $14.5M | 0.01% |
220,635
+4,230
| +2% | +$264K |
|
|
RGC
1460
DELISTED
Regal Entertainment Group
RGC
| $14.4M | 0.01% |
901,489
+53,985
| +6% | +$931K |
|
1461
Qualys
QLYS
$5.1B
| $14.4M | 0.01% |
278,284
+15,322
| +6% | +$703K |
|
|
SFLY
1462
DELISTED
Shutterfly, Inc.
SFLY
| $14.4M | 0.01% |
297,302
+9,553
| +3% | +$450K |
|
1463
OSI Systems
OSIS
$3.65B
| $14.4M | 0.01% |
157,465
+3,450
| +2% | +$280K |
|
|
P
1464
DELISTED
Pandora Media Inc
P
| $14.4M | 0.01% |
1,868,335
+80,621
| +5% | +$692K |
|
1465
BancFirst
BANF
$3.79B
| $14.3M | 0.01% |
252,411
+4,239
| +2% | +$218K |
|
|
PPBI
1466
DELISTED
Pacific Premier Bancorp
PPBI
| $14.3M | 0.01% |
378,932
+80,726
| +27% | +$2.9M |
|
|
CALD
1467
DELISTED
Callidus Software, Inc.
CALD
| $14.3M | 0.01% |
578,878
+22,513
| +4% | +$547K |
|
1468
Argan
AGX
$8B
| $14.3M | 0.01% |
212,065
-15,159
| -7% | -$952K |
|
|
CSFL
1469
DELISTED
CenterState Bank Corporation Common Stock
CSFL
| $14.3M | 0.01% |
532,024
+57,151
| +12% | +$1.42M |
|
1470
Caleres
CAL
$431M
| $14.2M | 0.01% |
466,539
-36,838
| -7% | -$996K |
|
|
DBD
1471
DELISTED
Diebold Nixdorf Incorporated
DBD
| $14.2M | 0.01% |
622,248
+30,504
| +5% | +$650K |
|
1472
Westamerica Bancorp
WABC
$1.38B
| $14.2M | 0.01% |
237,878
+9,976
| +4% | +$536K |
|
1473
Ubiquiti
UI
$33.7B
| $14.1M | 0.01% |
252,017
+5,528
| +2% | +$318K |
|
1474
TAL Education Group
TAL
$6.93B
| $14.1M | 0.01% |
419,532
-6,072
| -1% | -$171K |
|
|
OCLR
1475
DELISTED
Oclaro Inc.
OCLR
| $14M | 0.01% |
1,627,094
+60,156
| +4% | +$542K |
|
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.