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 | |
|---|---|---|---|---|---|---|
|
STBZ
1751
DELISTED
State Bank Financial Corporation. Common Stock
STBZ
| $9.4M | ﹤0.01% |
328,084
+7,300
| +2% | +$197K |
|
1752
Kratos Defense & Security Solutions
KTOS
$9.23B
| $9.4M | ﹤0.01% |
718,525
+93,244
| +15% | +$1.15M |
|
|
QUOT
1753
DELISTED
Quotient Technology Inc
QUOT
| $9.4M | ﹤0.01% |
600,473
+12,040
| +2% | +$166K |
|
|
ICPT
1754
DELISTED
Intercept Pharmaceuticals, Inc.
ICPT
| $9.38M | ﹤0.01% |
161,605
+9,664
| +6% | +$1.04M |
|
1755
Stride
LRN
$3.41B
| $9.37M | ﹤0.01% |
525,183
+10,812
| +2% | +$192K |
|
|
VRTU
1756
DELISTED
Virtusa Corporation
VRTU
| $9.34M | ﹤0.01% |
247,252
+10,427
| +4% | +$358K |
|
1757
ICF International
ICFI
$1.52B
| $9.29M | ﹤0.01% |
172,246
-12,446
| -7% | -$589K |
|
|
NE
1758
DELISTED
Noble Corporation
NE
| $9.28M | ﹤0.01% |
2,017,994
-60,702
| -3% | -$228K |
|
1759
StoneX
SNEX
$9.22B
| $9.26M | ﹤0.01% |
1,223,242
-57,403
| -4% | -$420K |
|
|
MNR
1760
DELISTED
Monmouth Real Estate Investment Corp
MNR
| $9.26M | ﹤0.01% |
571,947
+28,982
| +5% | +$453K |
|
1761
Onto Innovation
ONTO
$13.4B
| $9.25M | ﹤0.01% |
321,306
-18,807
| -6% | -$495K |
|
|
AVTA
1762
DELISTED
Avantax, Inc. Common Stock
AVTA
| $9.24M | ﹤0.01% |
365,304
+26,386
| +8% | +$597K |
|
|
TPC
1763
Tutor Perini Cor
TPC
$4.51B
| $9.24M | ﹤0.01% |
325,386
+19,587
| +6% | +$527K |
|
1764
Precigen
PGEN
$2.36B
| $9.24M | ﹤0.01% |
485,861
+16,502
| +4% | +$340K |
|
1765
Kadant
KAI
$3.83B
| $9.21M | ﹤0.01% |
93,491
-19,182
| -17% | -$1.63M |
|
|
FNFV
1766
DELISTED
Fidelity Natl Financial, Inc.
FNFV
| $9.21M | ﹤0.01% |
537,198
+8,624
| +2% | +$143K |
|
|
SPPI
1767
DELISTED
Spectrum Pharmaceuticals Inc
SPPI
| $9.21M | ﹤0.01% |
654,717
+57,160
| +10% | +$517K |
|
1768
McGrath RentCorp
MGRC
$2.92B
| $9.21M | ﹤0.01% |
210,430
+4,026
| +2% | +$154K |
|
|
CATM
1769
DELISTED
Cardtronics plc Class A Ordinary Shares (UK)
CATM
| $9.2M | ﹤0.01% |
400,005
-23,570
| -6% | -$670K |
|
1770
Match Group
MTCH
$9.46B
| $9.2M | ﹤0.01% |
396,863
+30,793
| +8% | +$621K |
|
1771
Veeco
VECO
$3.11B
| $9.2M | ﹤0.01% |
429,955
+24,313
| +6% | +$582K |
|
1772
Forum Energy Technologies
FET
$795M
| $9.17M | ﹤0.01% |
28,837
+768
| +3% | +$206K |
|
|
LADR
1773
Ladder Capital
LADR
$1.23B
| $9.16M | ﹤0.01% |
664,570
+64,195
| +11% | +$862K |
|
1774
MBIA
MBI
$266M
| $9.13M | ﹤0.01% |
1,049,294
+18,110
| +2% | +$182K |
|
1775
Southside Bancshares
SBSI
$972M
| $9.12M | ﹤0.01% |
250,918
+6,573
| +3% | +$223K |
|
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.