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 | |
|---|---|---|---|---|---|---|
|
SYKE
1476
DELISTED
SYKES Enterprises Inc
SYKE
| $14M | 0.01% |
481,347
+6,529
| +1% | +$194K |
|
|
ARCH
1477
DELISTED
Arch Resources, Inc.
ARCH
| $14M | 0.01% |
195,609
+5,943
| +3% | +$445K |
|
1478
Atlantic Union Bankshares
AUB
$6.09B
| $14M | 0.01% |
397,384
+18,018
| +5% | +$580K |
|
1479
Meritage Homes
MTH
$4.73B
| $14M | 0.01% |
631,316
+11,918
| +2% | +$249K |
|
1480
WD-40
WDFC
$3.13B
| $14M | 0.01% |
125,197
+3,049
| +2% | +$329K |
|
1481
Enviri
NVRI
$639M
| $13.9M | 0.01% |
666,662
+29,511
| +5% | +$503K |
|
1482
Enpro
NPO
$6.72B
| $13.9M | 0.01% |
172,625
+7,128
| +4% | +$520K |
|
1483
First Bancorp
FBP
$4.43B
| $13.9M | 0.01% |
2,714,817
+234,111
| +9% | +$1.34M |
|
|
KBAL
1484
DELISTED
Kimball International
KBAL
| $13.9M | 0.01% |
702,618
+48,612
| +7% | +$829K |
|
1485
Stepan Co
SCL
$1.46B
| $13.9M | 0.01% |
166,003
+3,547
| +2% | +$292K |
|
1486
Saia
SAIA
$9.28B
| $13.9M | 0.01% |
221,262
+9,547
| +5% | +$526K |
|
|
RTEC
1487
DELISTED
Rudolph Technologies Inc
RTEC
| $13.8M | 0.01% |
524,195
-5,450
| -1% | -$127K |
|
1488
Rambus
RMBS
$9.52B
| $13.8M | 0.01% |
1,031,855
+81,192
| +9% | +$1.04M |
|
1489
Moelis & Co
MC
$4.99B
| $13.8M | 0.01% |
319,830
+123,171
| +63% | +$4.93M |
|
1490
Evertec
EVTC
$1.94B
| $13.8M | 0.01% |
868,180
+172,447
| +25% | +$3.09M |
|
|
HTZ
1491
DELISTED
Hertz Global Holdings, Inc.
HTZ
| $13.8M | 0.01% |
707,994
+93,982
| +15% | +$1.48M |
|
1492
Provident Financial Services
PFS
$3.27B
| $13.7M | 0.01% |
514,990
+11,021
| +2% | +$279K |
|
|
BOBE
1493
DELISTED
Bob Evans Farms, Inc.
BOBE
| $13.7M | 0.01% |
177,197
+3,384
| +2% | +$233K |
|
1494
Coeur Mining
CDE
$15.5B
| $13.7M | 0.01% |
1,491,207
+62,594
| +4% | +$532K |
|
|
MNTA
1495
DELISTED
Momenta Pharmaceuticals, Inc.
MNTA
| $13.7M | 0.01% |
740,322
+120,166
| +19% | +$2.01M |
|
|
BSFT
1496
DELISTED
BroadSoft, Inc.
BSFT
| $13.6M | 0.01% |
271,287
+12,354
| +5% | +$564K |
|
|
MRC
1497
DELISTED
MRC Global
MRC
| $13.6M | 0.01% |
779,991
+35,877
| +5% | +$589K |
|
|
KW
1498
DELISTED
Kennedy-Wilson Holdings
KW
| $13.6M | 0.01% |
735,411
+15,726
| +2% | +$303K |
|
|
CBI
1499
DELISTED
Chicago Bridge & Iron Nv
CBI
| $13.6M | 0.01% |
808,511
-96,250
| -11% | -$1.47M |
|
1500
Open Text
OTEX
$6.36B
| $13.6M | 0.01% |
421,291
+21,701
| +5% | +$702K |
|
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.