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 | |
|---|---|---|---|---|---|---|
|
EBSB
1776
DELISTED
Meridian Bancorp, Inc.
EBSB
| $9.12M | ﹤0.01% |
488,856
+10,224
| +2% | +$179K |
|
|
CCF
1777
DELISTED
Chase Corporation
CCF
| $9.06M | ﹤0.01% |
81,315
+3,030
| +4% | +$307K |
|
|
LL
1778
DELISTED
LL Flooring Holdings, Inc.
LL
| $9.04M | ﹤0.01% |
231,809
+16,904
| +8% | +$562K |
|
1779
Glaukos
GKOS
$10.1B
| $9.03M | ﹤0.01% |
273,669
+147,518
| +117% | +$5.6M |
|
|
ATRI
1780
DELISTED
Atrion Corp
ATRI
| $9.03M | ﹤0.01% |
13,432
+1,163
| +9% | +$746K |
|
1781
E.W. Scripps
SSP
$257M
| $9.01M | ﹤0.01% |
471,286
+10,765
| +2% | +$197K |
|
|
ADSW
1782
DELISTED
Advanced Disposal Services Inc
ADSW
| $9M | ﹤0.01% |
357,136
+54,317
| +18% | +$1.29M |
|
|
UNT
1783
DELISTED
UNIT Corporation
UNT
| $8.97M | ﹤0.01% |
436,069
+37,674
| +9% | +$672K |
|
|
EPZM
1784
DELISTED
Epizyme, Inc
EPZM
| $8.96M | ﹤0.01% |
470,541
+117,027
| +33% | +$1.79M |
|
1785
Customers Bancorp
CUBI
$2.72B
| $8.96M | ﹤0.01% |
274,611
+8,463
| +3% | +$244K |
|
|
IPCC
1786
DELISTED
Infinity Property & Casualty C
IPCC
| $8.95M | ﹤0.01% |
94,991
+4,328
| +5% | +$402K |
|
1787
Fortis
FTS
$28.9B
| $8.93M | ﹤0.01% |
250,703
+45,639
| +22% | +$1.65M |
|
|
FIT
1788
DELISTED
Fitbit, Inc. Class A common stock
FIT
| $8.93M | ﹤0.01% |
1,282,742
-16,390
| -1% | -$95.4K |
|
1789
GSK
GSK
$103B
| $8.9M | ﹤0.01% |
175,301
+40,167
| +30% | +$2.04M |
|
|
COUP
1790
DELISTED
Coupa Software Incorporated
COUP
| $8.89M | ﹤0.01% |
285,576
+14,802
| +5% | +$451K |
|
1791
RE/MAX Holdings
RMAX
$195M
| $8.89M | ﹤0.01% |
139,913
+3,017
| +2% | +$181K |
|
1792
Southern Copper
SCCO
$155B
| $8.88M | ﹤0.01% |
241,851
+6,433
| +3% | +$233K |
|
1793
Wingstop
WING
$3.53B
| $8.88M | ﹤0.01% |
267,008
+5,237
| +2% | +$170K |
|
|
ESPR
1794
DELISTED
Esperion Therapeutics
ESPR
| $8.85M | ﹤0.01% |
176,611
+34,736
| +24% | +$1.67M |
|
|
ABAX
1795
DELISTED
Abaxis Inc
ABAX
| $8.85M | ﹤0.01% |
198,136
+6,526
| +3% | +$310K |
|
|
CCC
1796
DELISTED
Calgon Carbon Corp
CCC
| $8.83M | ﹤0.01% |
412,608
+7,337
| +2% | +$111K |
|
|
ARR
1797
Armour Residential REIT
ARR
$2.31B
| $8.82M | ﹤0.01% |
65,599
+2,957
| +5% | +$383K |
|
|
SHLM
1798
DELISTED
Schulman (A.) Inc
SHLM
| $8.79M | ﹤0.01% |
257,556
-20,296
| -7% | -$605K |
|
1799
Gibraltar Industries
ROCK
$1.37B
| $8.78M | ﹤0.01% |
281,976
+5,515
| +2% | +$166K |
|
1800
United Fire Group
UFCS
$1.32B
| $8.78M | ﹤0.01% |
191,548
+5,828
| +3% | +$252K |
|
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.