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 | |
|---|---|---|---|---|---|---|
1601
Primoris Services
PRIM
$4.77B
| $11.6M | ﹤0.01% |
393,376
+37,530
| +11% | +$1,000K |
|
1602
PRA Group
PRAA
$666M
| $11.6M | ﹤0.01% |
403,833
+8,106
| +2% | +$271K |
|
1603
Knowles
KN
$3.2B
| $11.6M | ﹤0.01% |
756,878
+14,767
| +2% | +$227K |
|
1604
Trade Desk
TTD
$8.6B
| $11.5M | ﹤0.01% |
1,875,500
+245,560
| +15% | +$1.33M |
|
|
TIME
1605
DELISTED
Time Inc.
TIME
| $11.5M | ﹤0.01% |
853,718
+63,102
| +8% | +$847K |
|
1606
Heartland Express
HTLD
$949M
| $11.5M | ﹤0.01% |
459,109
+642
| +0.1% | +$14K |
|
|
BMCH
1607
DELISTED
BMC Stock Holdings, Inc
BMCH
| $11.5M | ﹤0.01% |
538,661
+27,157
| +5% | +$568K |
|
1608
Cal-Maine
CALM
$4.08B
| $11.5M | ﹤0.01% |
279,506
+4,849
| +2% | +$181K |
|
|
HF
1609
DELISTED
HFF Inc.
HF
| $11.4M | ﹤0.01% |
288,991
+1,133
| +0.4% | +$41.7K |
|
|
LQ
1610
DELISTED
La Quinta Holdings Inc.
LQ
| $11.4M | ﹤0.01% |
652,168
+14,974
| +2% | +$233K |
|
1611
First Interstate BancSystem
FIBK
$3.75B
| $11.4M | ﹤0.01% |
298,286
-1,885
| -0.6% | -$68.3K |
|
|
INFN
1612
DELISTED
Infinera Corporation Common Stock
INFN
| $11.4M | ﹤0.01% |
1,284,657
+24,884
| +2% | +$240K |
|
1613
Fabrinet
FN
$16.3B
| $11.4M | ﹤0.01% |
306,931
+15,276
| +5% | +$625K |
|
1614
Agree Realty
ADC
$9.24B
| $11.4M | ﹤0.01% |
231,278
+15,089
| +7% | +$737K |
|
|
BRKL
1615
DELISTED
Brookline Bancorp
BRKL
| $11.3M | ﹤0.01% |
731,289
+48,997
| +7% | +$710K |
|
|
SRG
1616
Seritage Growth Properties
SRG
$137M
| $11.3M | ﹤0.01% |
245,640
+5,788
| +2% | +$269K |
|
1617
Innoviva
INVA
$1.53B
| $11.3M | ﹤0.01% |
800,201
+85,630
| +12% | +$1.13M |
|
|
FSP
1618
Franklin Street Properties
FSP
$48.1M
| $11.3M | ﹤0.01% |
1,063,726
+39,711
| +4% | +$409K |
|
1619
Alarm.com
ALRM
$2.75B
| $11.3M | ﹤0.01% |
249,748
+99,995
| +67% | +$4.14M |
|
1620
RH
RH
$3.29B
| $11.3M | ﹤0.01% |
160,000
-107,070
| -40% | -$6.71M |
|
1621
FIVE9
FIVN
$2.22B
| $11.3M | ﹤0.01% |
470,743
+83,179
| +21% | +$1.8M |
|
|
ALX
1622
Alexander's
ALX
$1.34B
| $11.2M | ﹤0.01% |
26,317
+96
| +0.4% | +$40.5K |
|
1623
Adeia
ADEA
$3.07B
| $11.1M | ﹤0.01% |
1,664,837
-119,603
| -7% | -$880K |
|
|
HMHC
1624
DELISTED
Houghton Mifflin Harcourt Company
HMHC
| $11.1M | ﹤0.01% |
924,460
+18,183
| +2% | +$205K |
|
1625
8x8 Inc
EGHT
$292M
| $11.1M | ﹤0.01% |
824,068
+39,369
| +5% | +$536K |
|
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.