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 | |
|---|---|---|---|---|---|---|
|
IPXL
1501
DELISTED
Impax Laboratories, Inc.
IPXL
| $13.5M | 0.01% |
665,721
+16,577
| +3% | +$317K |
|
1502
Albany International
AIN
$2.15B
| $13.5M | 0.01% |
235,310
+4,638
| +2% | +$248K |
|
|
MINI
1503
DELISTED
Mobile Mini Inc
MINI
| $13.5M | 0.01% |
390,715
+8,062
| +2% | +$247K |
|
|
VG
1504
DELISTED
Vonage Holdings Corporation
VG
| $13.4M | 0.01% |
1,649,566
+91,290
| +6% | +$687K |
|
|
AIG.WS
1505
DELISTED
American International Group, Inc.
AIG.WS
| $13.4M | 0.01% |
670,961
-286,100
| -30% | -$5.82M |
|
|
GIMO
1506
DELISTED
Gigamon Inc.
GIMO
| $13.3M | ﹤0.01% |
316,374
+68,384
| +28% | +$2.79M |
|
|
RDUS
1507
DELISTED
Radius Health, Inc.
RDUS
| $13.3M | ﹤0.01% |
345,745
+25,005
| +8% | +$982K |
|
1508
Brinker International
EAT
$9.57B
| $13.3M | ﹤0.01% |
418,209
+27,402
| +7% | +$933K |
|
1509
Emergent Biosolutions
EBS
$376M
| $13.3M | ﹤0.01% |
329,391
+13,932
| +4% | +$504K |
|
|
SPN
1510
DELISTED
Superior Energy Services, Inc.
SPN
| $13.3M | ﹤0.01% |
124,134
+2,350
| +2% | +$232K |
|
|
FLOW
1511
DELISTED
SPX FLOW, Inc.
FLOW
| $13.2M | ﹤0.01% |
342,687
+6,627
| +2% | +$234K |
|
1512
Innospec
IOSP
$2.15B
| $13.2M | ﹤0.01% |
214,327
+5,615
| +3% | +$336K |
|
1513
OraSure Technologies
OSUR
$287M
| $13.2M | ﹤0.01% |
586,082
+76,887
| +15% | +$1.55M |
|
1514
Integer Holdings
ITGR
$4.23B
| $13.1M | ﹤0.01% |
255,653
+7,643
| +3% | +$350K |
|
1515
Fox Factory Holding Corp
FOXF
$800M
| $13.1M | ﹤0.01% |
303,104
+9,956
| +3% | +$387K |
|
|
DYN
1516
DELISTED
Dynegy, Inc.
DYN
| $13.1M | ﹤0.01% |
1,334,311
+296,796
| +29% | +$2.65M |
|
1517
S&T Bancorp
STBA
$1.86B
| $13M | ﹤0.01% |
328,509
+8,515
| +3% | +$313K |
|
|
CALY
1518
Callaway Golf Company
CALY
$3.4B
| $13M | ﹤0.01% |
900,332
+77,129
| +9% | +$1.02M |
|
1519
Alamo Group
ALG
$2B
| $13M | ﹤0.01% |
120,790
-1,225
| -1% | -$115K |
|
|
EBIX
1520
DELISTED
Ebix Inc
EBIX
| $13M | ﹤0.01% |
198,702
+4,541
| +2% | +$262K |
|
1521
Repligen
RGEN
$8.15B
| $12.9M | ﹤0.01% |
336,133
+21,320
| +7% | +$894K |
|
1522
Horace Mann Educators
HMN
$2.11B
| $12.9M | ﹤0.01% |
326,867
+6,942
| +2% | +$256K |
|
|
CORE
1523
DELISTED
Core Mark Holding Co., Inc.
CORE
| $12.9M | ﹤0.01% |
400,171
+8,946
| +2% | +$280K |
|
1524
HUB Group
HUBG
$2.86B
| $12.8M | ﹤0.01% |
597,772
+36,150
| +6% | +$690K |
|
1525
CareTrust REIT
CTRE
$9.87B
| $12.8M | ﹤0.01% |
672,094
+65,794
| +11% | +$1.23M |
|
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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.