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 | |
|---|---|---|---|---|---|---|
1551
ESCO Technologies
ESE
$8.24B
| $12.4M | ﹤0.01% |
206,844
+4,206
| +2% | +$243K |
|
1552
Kearny Financial
KRNY
$610M
| $12.4M | ﹤0.01% |
806,149
+17,869
| +2% | +$260K |
|
|
KNL
1553
DELISTED
Knoll, Inc.
KNL
| $12.4M | ﹤0.01% |
618,146
-14,914
| -2% | -$279K |
|
|
STRP
1554
DELISTED
Straight Path Communications Inc.
STRP
| $12.4M | ﹤0.01% |
68,395
+1,158
| +2% | +$208K |
|
1555
Century Aluminum
CENX
$4.47B
| $12.4M | ﹤0.01% |
745,205
+295,513
| +66% | +$5.1M |
|
1556
JELD-WEN Holding
JELD
$124M
| $12.3M | ﹤0.01% |
347,683
+78,490
| +29% | +$2.48M |
|
1557
Theravance Biopharma
TBPH
$874M
| $12.3M | ﹤0.01% |
360,259
+6,709
| +2% | +$219K |
|
1558
Caesars Entertainment
CZR
$6.06B
| $12.3M | ﹤0.01% |
480,809
+117,987
| +33% | +$2.62M |
|
|
SGMO
1559
DELISTED
SANGAMO THERAPEUTICS INC
SGMO
| $12.3M | ﹤0.01% |
821,017
+93,402
| +13% | +$1.03M |
|
|
TVTY
1560
DELISTED
Tivity Health, Inc. Common Stock
TVTY
| $12.3M | ﹤0.01% |
301,501
-137,026
| -31% | -$5.31M |
|
1561
WSFS Financial
WSFS
$4.19B
| $12.3M | ﹤0.01% |
251,953
+9,818
| +4% | +$443K |
|
1562
Interface
TILE
$2.03B
| $12.3M | ﹤0.01% |
560,238
+15,002
| +3% | +$292K |
|
|
NXGN
1563
DELISTED
NextGen Healthcare, Inc. Common Stock
NXGN
| $12.3M | ﹤0.01% |
778,788
+24,213
| +3% | +$391K |
|
1564
Park National Corp
PRK
$3.75B
| $12.2M | ﹤0.01% |
113,411
+2,638
| +2% | +$264K |
|
1565
FTI Consulting
FCN
$4.37B
| $12.2M | ﹤0.01% |
344,928
+504
| +0.1% | +$17K |
|
1566
OneMain Financial
OMF
$7.44B
| $12.2M | ﹤0.01% |
433,023
+8,718
| +2% | +$234K |
|
1567
Teladoc Health
TDOC
$1.21B
| $12.2M | ﹤0.01% |
368,107
+49,591
| +16% | +$1.63M |
|
1568
Apogee Enterprises
APOG
$876M
| $12.2M | ﹤0.01% |
252,362
+8,334
| +3% | +$410K |
|
1569
Copa Holdings
CPA
$5.96B
| $12.2M | ﹤0.01% |
97,711
+38,509
| +65% | +$4.87M |
|
|
AMWD
1570
DELISTED
American Woodmark
AMWD
| $12.1M | ﹤0.01% |
125,911
-10,741
| -8% | -$994K |
|
|
P
1571
Everpure Inc
P
$26.6B
| $12.1M | ﹤0.01% |
757,864
+34,438
| +5% | +$472K |
|
|
DF
1572
DELISTED
Dean Foods Company
DF
| $12.1M | ﹤0.01% |
1,112,947
+10,379
| +0.9% | +$134K |
|
|
BNCL
1573
DELISTED
Beneficial Bancorp, Inc.
BNCL
| $12.1M | ﹤0.01% |
728,890
+13,647
| +2% | +$208K |
|
1574
Paylocity
PCTY
$7.48B
| $12.1M | ﹤0.01% |
246,951
+17,690
| +8% | +$821K |
|
|
XLRN
1575
DELISTED
Acceleron Pharma
XLRN
| $12M | ﹤0.01% |
322,834
+28,689
| +10% | +$996K |
|
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.