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 | |
|---|---|---|---|---|---|---|
|
UCTT
1526
Ultra Clean Holdings
UCTT
$3.97B
| $12.8M | ﹤0.01% |
416,679
+45,791
| +12% | +$1.08M |
|
1527
Novanta
NOVT
$5.23B
| $12.8M | ﹤0.01% |
292,545
+8,979
| +3% | +$349K |
|
|
IMMU
1528
DELISTED
Immunomedics Inc
IMMU
| $12.7M | ﹤0.01% |
911,926
+44,913
| +5% | +$448K |
|
1529
Enerpac Tool Group
EPAC
$1.85B
| $12.7M | ﹤0.01% |
497,921
+44,935
| +10% | +$1.1M |
|
1530
Badger Meter
BMI
$3.96B
| $12.7M | ﹤0.01% |
259,982
+3,937
| +2% | +$175K |
|
|
AIMC
1531
DELISTED
Altra Industrial Motion Corp
AIMC
| $12.7M | ﹤0.01% |
264,735
+5,601
| +2% | +$247K |
|
1532
Forestar Group
FOR
$1.47B
| $12.7M | ﹤0.01% |
740,294
+390,922
| +112% | +$6.72M |
|
1533
Aaon
AAON
$7.56B
| $12.7M | ﹤0.01% |
553,451
+12,440
| +2% | +$283K |
|
|
LGF.A
1534
DELISTED
Lions Gate Entertainment Corp. Class A Voting Shares
LGF.A
| $12.7M | ﹤0.01% |
380,245
-19,499
| -5% | -$574K |
|
|
KAMN
1535
DELISTED
Kaman Corp
KAMN
| $12.7M | ﹤0.01% |
227,858
+11,982
| +6% | +$605K |
|
1536
First Busey Corp
BUSE
$2.59B
| $12.7M | ﹤0.01% |
404,520
-329,768
| -45% | -$9.64M |
|
|
CBF
1537
DELISTED
Capital Bank Financial Corp. Class A Common Stock
CBF
| $12.7M | ﹤0.01% |
308,609
+34,094
| +12% | +$1.3M |
|
|
AFSI
1538
DELISTED
AmTrust Financial Services, Inc.
AFSI
| $12.7M | ﹤0.01% |
940,725
+35,571
| +4% | +$501K |
|
|
SNBR
1539
DELISTED
Sleep Number
SNBR
| $12.6M | ﹤0.01% |
407,126
-54,193
| -12% | -$1.69M |
|
1540
MiMedx Group
MDXG
$643M
| $12.6M | ﹤0.01% |
1,063,340
+40,383
| +4% | +$599K |
|
|
IPHI
1541
DELISTED
INPHI CORPORATION
IPHI
| $12.6M | ﹤0.01% |
317,941
+7,486
| +2% | +$281K |
|
1542
Quad
QUAD
$549M
| $12.6M | ﹤0.01% |
557,714
+38,027
| +7% | +$786K |
|
|
RDC
1543
DELISTED
Rowan Companies Plc
RDC
| $12.6M | ﹤0.01% |
980,258
-123,769
| -11% | -$1.33M |
|
1544
Adtran
ADTN
$704M
| $12.5M | ﹤0.01% |
522,738
+104,643
| +25% | +$2.32M |
|
|
BBT
1545
Beacon Financial Corp
BBT
$2.68B
| $12.5M | ﹤0.01% |
323,410
+19,669
| +6% | +$693K |
|
1546
DNOW Inc
DNOW
$2.61B
| $12.5M | ﹤0.01% |
903,983
+59,564
| +7% | +$812K |
|
1547
CNA Financial
CNA
$14.5B
| $12.4M | ﹤0.01% |
247,749
+2,055
| +0.8% | +$103K |
|
|
TRTN
1548
DELISTED
Triton International Limited
TRTN
| $12.4M | ﹤0.01% |
373,811
+94,355
| +34% | +$3.25M |
|
|
BPFH
1549
DELISTED
Boston Private Financial Holdings, Inc.
BPFH
| $12.4M | ﹤0.01% |
750,135
+17,585
| +2% | +$266K |
|
|
TGI
1550
DELISTED
Triumph Group
TGI
| $12.4M | ﹤0.01% |
417,275
-51,541
| -11% | -$1.47M |
|
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.