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 | |
|---|---|---|---|---|---|---|
|
GMS
1826
DELISTED
GMS Inc
GMS
| $8.32M | ﹤0.01% |
235,041
-19,005
| -7% | -$588K |
|
1827
HSBC
HSBC
$370B
| $8.31M | ﹤0.01% |
184,015
-52,464
| -22% | -$2.32M |
|
|
LMNX
1828
DELISTED
Luminex Corp
LMNX
| $8.26M | ﹤0.01% |
406,493
+15,355
| +4% | +$306K |
|
|
GTS
1829
DELISTED
Triple-S Management Corporation
GTS
| $8.25M | ﹤0.01% |
366,356
+96,660
| +36% | +$1.88M |
|
1830
Cohu
COHU
$2.31B
| $8.24M | ﹤0.01% |
345,631
+18,060
| +6% | +$341K |
|
|
PMC
1831
DELISTED
PharMerica Corporation
PMC
| $8.23M | ﹤0.01% |
280,880
-100,479
| -26% | -$2.81M |
|
1832
National Healthcare
NHC
$3.48B
| $8.23M | ﹤0.01% |
131,511
+19,188
| +17% | +$1.24M |
|
1833
CEVA Inc
CEVA
$927M
| $8.22M | ﹤0.01% |
192,053
+4,249
| +2% | +$183K |
|
1834
Universal Electronics
UEIC
$59.6M
| $8.22M | ﹤0.01% |
129,631
+2,383
| +2% | +$148K |
|
1835
Omeros
OMER
$909M
| $8.21M | ﹤0.01% |
379,982
+35,583
| +10% | +$754K |
|
|
UBNK
1836
DELISTED
United Financial Bancorp, Inc.
UBNK
| $8.2M | ﹤0.01% |
448,578
+17,863
| +4% | +$310K |
|
1837
Strategic Education
STRA
$1.89B
| $8.17M | ﹤0.01% |
93,629
+2,012
| +2% | +$168K |
|
1838
Medifast
MED
$108M
| $8.16M | ﹤0.01% |
137,428
+8,177
| +6% | +$407K |
|
|
ISCA
1839
DELISTED
International Speedway Corp
ISCA
| $8.15M | ﹤0.01% |
226,284
+4,729
| +2% | +$165K |
|
1840
James River Group Holdings
JRVR
$213M
| $8.14M | ﹤0.01% |
196,281
+15,838
| +9% | +$632K |
|
|
KEM
1841
DELISTED
KEMET Corporation
KEM
| $8.12M | ﹤0.01% |
384,055
+25,904
| +7% | +$490K |
|
1842
iRhythm Holdings
IRTC
$4.1B
| $8.11M | ﹤0.01% |
156,395
+65,454
| +72% | +$2.96M |
|
1843
First Bancorp
FBNC
$2.64B
| $8.11M | ﹤0.01% |
235,746
+21,107
| +10% | +$662K |
|
|
JOYY
1844
JOYY Inc
JOYY
$3.73B
| $8.1M | ﹤0.01% |
93,750
+12,193
| +15% | +$886K |
|
|
AGU
1845
DELISTED
Agrium
AGU
| $8.1M | ﹤0.01% |
76,269
+38
| +0% | +$3.79K |
|
1846
Regenxbio
RGNX
$638M
| $8.1M | ﹤0.01% |
245,822
+15,915
| +7% | +$358K |
|
1847
Abercrombie & Fitch
ANF
$4.84B
| $8.1M | ﹤0.01% |
560,699
+9,135
| +2% | +$104K |
|
|
SAFE
1848
Safehold
SAFE
$1.16B
| $8.09M | ﹤0.01% |
140,869
+30,931
| +28% | +$1.78M |
|
|
VIVO
1849
DELISTED
Meridian Bioscience Inc
VIVO
| $8.09M | ﹤0.01% |
565,404
+68,258
| +14% | +$975K |
|
1850
Standard Motor Products
SMP
$863M
| $8.07M | ﹤0.01% |
167,334
+3,203
| +2% | +$153K |
|
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.