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 | |
|---|---|---|---|---|---|---|
1801
Seacoast Banking Corp of Florida
SBCF
$3.38B
| $8.69M | ﹤0.01% |
363,702
+42,607
| +13% | +$987K |
|
1802
Hanmi Financial
HAFC
$949M
| $8.66M | ﹤0.01% |
279,972
-11,928
| -4% | -$334K |
|
1803
Enterprise Financial Services Corp
EFSC
$2.42B
| $8.65M | ﹤0.01% |
204,270
+6,374
| +3% | +$252K |
|
|
ARNA
1804
DELISTED
Arena Pharmaceuticals Inc
ARNA
| $8.64M | ﹤0.01% |
338,995
+80,133
| +31% | +$1.84M |
|
1805
Evolent Health
EVH
$353M
| $8.63M | ﹤0.01% |
484,954
+171,430
| +55% | +$3.53M |
|
|
BEAT
1806
DELISTED
BioTelemetry, Inc.
BEAT
| $8.63M | ﹤0.01% |
261,447
+21,802
| +9% | +$755K |
|
|
EXTN
1807
DELISTED
Exterran Corporation
EXTN
| $8.62M | ﹤0.01% |
272,643
+16,850
| +7% | +$466K |
|
1808
SPS Commerce
SPSC
$2.72B
| $8.6M | ﹤0.01% |
303,256
+7,268
| +2% | +$214K |
|
|
GCI
1809
DELISTED
Gannett Co., Inc
GCI
| $8.55M | ﹤0.01% |
949,953
+21,595
| +2% | +$185K |
|
|
KE
1810
Kimball Electronics
KE
$619M
| $8.54M | ﹤0.01% |
394,617
-21,323
| -5% | -$412K |
|
1811
Andersons Inc
ANDE
$2.38B
| $8.5M | ﹤0.01% |
248,097
+13,115
| +6% | +$434K |
|
1812
Gray Television
GTN
$434M
| $8.49M | ﹤0.01% |
541,072
+9,589
| +2% | +$137K |
|
1813
1st Source
SRCE
$2.18B
| $8.49M | ﹤0.01% |
167,165
+4,299
| +3% | +$206K |
|
1814
Nutanix
NTNX
$16.5B
| $8.46M | ﹤0.01% |
378,086
+35,661
| +10% | +$780K |
|
|
GES
1815
DELISTED
Guess Inc
GES
| $8.46M | ﹤0.01% |
496,701
+6,468
| +1% | +$91.5K |
|
|
CBPX
1816
DELISTED
CONTINENTAL BUILDING PRODUCTS, INC.
CBPX
| $8.44M | ﹤0.01% |
324,705
-41,619
| -11% | -$961K |
|
|
WUBA
1817
DELISTED
58.com Inc
WUBA
| $8.43M | ﹤0.01% |
134,266
-455
| -0.3% | -$25.9K |
|
1818
Community Trust Bancorp
CTBI
$1.43B
| $8.4M | ﹤0.01% |
180,665
+1,606
| +0.9% | +$69.1K |
|
|
DERM
1819
DELISTED
Dermira, Inc.
DERM
| $8.4M | ﹤0.01% |
311,060
+4,527
| +1% | +$118K |
|
|
FTR
1820
DELISTED
Frontier Communications Corp.
FTR
| $8.37M | ﹤0.01% |
709,744
-39,819
| -5% | -$559K |
|
|
CWEN.A
1821
DELISTED
Clearway Energy Class A
CWEN.A
| $8.35M | ﹤0.01% |
440,054
+56,786
| +15% | +$1.03M |
|
|
BGG
1822
DELISTED
Briggs & Stratton Corp.
BGG
| $8.35M | ﹤0.01% |
355,166
+7,144
| +2% | +$162K |
|
|
HK
1823
DELISTED
Halcon Resources Corporation
HK
| $8.34M | ﹤0.01% |
1,226,767
+940,186
| +328% | +$5.87M |
|
1824
Helix Energy Solutions
HLX
$1.36B
| $8.34M | ﹤0.01% |
1,128,258
+23,643
| +2% | +$150K |
|
1825
ASML
ASML
$631B
| $8.32M | ﹤0.01% |
48,608
+880
| +2% | +$135K |
|
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.