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 | |
|---|---|---|---|---|---|---|
|
ATSG
1576
DELISTED
Air Transport Services Group
ATSG
| $12M | ﹤0.01% |
494,810
+17,772
| +4% | +$414K |
|
1577
CONMED
CNMD
$1.55B
| $12M | ﹤0.01% |
229,219
+4,961
| +2% | +$249K |
|
1578
Patrick Industries
PATK
$2.77B
| $12M | ﹤0.01% |
321,219
+11,965
| +4% | +$395K |
|
1579
Boston Beer
SAM
$1.94B
| $12M | ﹤0.01% |
76,707
+1,025
| +1% | +$150K |
|
1580
3D Systems Corp
DDD
$462M
| $12M | ﹤0.01% |
892,540
+41,019
| +5% | +$601K |
|
|
RPXC
1581
DELISTED
RPX Corporation
RPXC
| $12M | ﹤0.01% |
899,959
-4,618
| -0.5% | -$60.6K |
|
|
ANAT
1582
DELISTED
American National Group, Inc. Common Stock
ANAT
| $11.9M | ﹤0.01% |
101,010
+4,519
| +5% | +$531K |
|
1583
Group 1 Automotive
GPI
$3.48B
| $11.9M | ﹤0.01% |
164,587
+206
| +0.1% | +$12.7K |
|
|
HIFR
1584
DELISTED
InfraREIT, Inc.
HIFR
| $11.9M | ﹤0.01% |
532,635
-18,446
| -3% | -$396K |
|
1585
Gentherm
THRM
$1.28B
| $11.9M | ﹤0.01% |
320,489
+5,871
| +2% | +$201K |
|
1586
iShares MSCI Emerging Markets ETF
EEM
$28.9B
| – | – |
0
| – | – |
|
1587
Helios Technologies
HLIO
$2.65B
| $11.9M | ﹤0.01% |
220,251
+8,488
| +4% | +$394K |
|
|
UHT
1588
Universal Health Realty Income Trust
UHT
$592M
| $11.9M | ﹤0.01% |
157,386
-3,189
| -2% | -$246K |
|
1589
TFS Financial
TFSL
$5.17B
| $11.8M | ﹤0.01% |
734,146
+11,174
| +2% | +$173K |
|
1590
Employers Holdings
EIG
$910M
| $11.8M | ﹤0.01% |
258,578
-9,369
| -3% | -$399K |
|
|
IMPV
1591
DELISTED
Imperva, Inc.
IMPV
| $11.7M | ﹤0.01% |
270,401
+12,388
| +5% | +$565K |
|
1592
iShares Core MSCI Emerging Markets ETF
IEMG
$152B
| – | – |
0
| – | – |
|
|
NAVG
1593
DELISTED
Navigators Group Inc
NAVG
| $11.7M | ﹤0.01% |
200,852
+1,216
| +0.6% | +$67.9K |
|
|
NP
1594
DELISTED
Neenah, Inc. Common Stock
NP
| $11.7M | ﹤0.01% |
136,792
+2,495
| +2% | +$198K |
|
|
CNSL
1595
DELISTED
Consolidated Communications Holdings, Inc.
CNSL
| $11.7M | ﹤0.01% |
613,285
+166,048
| +37% | +$3.13M |
|
|
HSNI
1596
DELISTED
HSN, Inc.
HSNI
| $11.7M | ﹤0.01% |
298,355
-32,508
| -10% | -$1.23M |
|
|
SASR
1597
DELISTED
Sandy Spring Bancorp Inc
SASR
| $11.6M | ﹤0.01% |
280,955
+9,457
| +3% | +$372K |
|
1598
Orthofix Medical
OFIX
$496M
| $11.6M | ﹤0.01% |
246,375
-7,683
| -3% | -$362K |
|
|
CRZO
1599
DELISTED
Carrizo Oil & Gas Inc
CRZO
| $11.6M | ﹤0.01% |
679,567
+163,119
| +32% | +$2.38M |
|
1600
RPC Inc
RES
$1.28B
| $11.6M | ﹤0.01% |
468,917
+9,936
| +2% | +$206K |
|
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.