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 | |
|---|---|---|---|---|---|---|
|
WSTC
1676
DELISTED
West Corporation
WSTC
| $10.4M | ﹤0.01% |
442,673
+33,308
| +8% | +$778K |
|
|
GBT
1677
DELISTED
Global Blood Therapeutics, Inc.
GBT
| $10.3M | ﹤0.01% |
333,076
+45,681
| +16% | +$1.28M |
|
1678
MaxLinear
MXL
$6.09B
| $10.3M | ﹤0.01% |
435,373
+9,867
| +2% | +$237K |
|
1679
City Holding Co
CHCO
$2.05B
| $10.3M | ﹤0.01% |
143,774
+2,946
| +2% | +$191K |
|
1680
St. Joe Company
JOE
$3.64B
| $10.3M | ﹤0.01% |
547,645
+9,770
| +2% | +$181K |
|
|
RAVN
1681
DELISTED
Raven Industries Inc
RAVN
| $10.3M | ﹤0.01% |
318,568
+6,380
| +2% | +$206K |
|
1682
Global Net Lease
GNL
$1.83B
| $10.3M | ﹤0.01% |
471,096
+25,895
| +6% | +$561K |
|
|
TWNK
1683
DELISTED
Hostess Brands, Inc. Class A Common Stock
TWNK
| $10.3M | ﹤0.01% |
754,847
+23,396
| +3% | +$337K |
|
1684
AZZ Inc
AZZ
$4.48B
| $10.3M | ﹤0.01% |
211,690
+4,634
| +2% | +$230K |
|
|
TRUE
1685
DELISTED
TrueCar
TRUE
| $10.3M | ﹤0.01% |
652,970
+77,393
| +13% | +$1.38M |
|
|
ECOL
1686
DELISTED
US Ecology, Inc.
ECOL
| $10.3M | ﹤0.01% |
191,308
+3,826
| +2% | +$195K |
|
|
MANT
1687
DELISTED
Mantech International Corp
MANT
| $10.3M | ﹤0.01% |
232,854
+4,638
| +2% | +$187K |
|
1688
Weibo
WB
$2.01B
| $10.3M | ﹤0.01% |
104,221
+21,534
| +26% | +$1.9M |
|
1689
Manitowoc
MTW
$514M
| $10.2M | ﹤0.01% |
284,670
+12,485
| +5% | +$363K |
|
|
NSA
1690
DELISTED
National Storage Affiliates Trust
NSA
| $10.2M | ﹤0.01% |
422,385
+7,839
| +2% | +$178K |
|
|
USCR
1691
DELISTED
U S Concrete, Inc.
USCR
| $10.2M | ﹤0.01% |
134,089
+6,591
| +5% | +$505K |
|
|
KRA
1692
DELISTED
Kraton Corporation
KRA
| $10.2M | ﹤0.01% |
252,693
+13,351
| +6% | +$461K |
|
1693
WisdomTree
WT
$3.21B
| $10.2M | ﹤0.01% |
1,002,697
+17,934
| +2% | +$174K |
|
|
TBI
1694
Trueblue
TBI
$229M
| $10.2M | ﹤0.01% |
454,463
+64,547
| +17% | +$1.46M |
|
1695
Winnebago Industries
WGO
$885M
| $10.2M | ﹤0.01% |
227,816
+19,185
| +9% | +$705K |
|
|
ACOR
1696
DELISTED
Acorda Therapeutics
ACOR
| $10.2M | ﹤0.01% |
3,591
-194
| -5% | -$511K |
|
1697
KRONOS Worldwide
KRO
$708M
| $10.2M | ﹤0.01% |
446,237
+141,173
| +46% | +$2.9M |
|
|
PRSU
1698
Pursuit Attractions and Hospitality Inc
PRSU
$1.41B
| $10.2M | ﹤0.01% |
167,094
+2,986
| +2% | +$158K |
|
|
CUB
1699
DELISTED
Cubic Corporation
CUB
| $10.2M | ﹤0.01% |
199,510
+3,480
| +2% | +$158K |
|
1700
Vodafone
VOD
$35.9B
| $10.2M | ﹤0.01% |
357,159
+27,593
| +8% | +$799K |
|
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.