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 | |
|---|---|---|---|---|---|---|
|
LTRPA
1876
DELISTED
Liberty TripAdvisor Holdings, Inc. Series A
LTRPA
| $7.87M | ﹤0.01% |
637,460
-4,814
| -0.7% | -$59.8K |
|
1877
Iridium Communications
IRDM
$5.23B
| $7.86M | ﹤0.01% |
763,419
+59,125
| +8% | +$613K |
|
1878
Independence Realty Trust
IRT
$3.98B
| $7.85M | ﹤0.01% |
771,584
+196,470
| +34% | +$1.99M |
|
|
ACIA
1879
DELISTED
Acacia Communications Inc
ACIA
| $7.84M | ﹤0.01% |
166,465
+29,036
| +21% | +$1.3M |
|
|
SP
1880
DELISTED
SP Plus Corporation
SP
| $7.83M | ﹤0.01% |
198,360
+27,207
| +16% | +$956K |
|
1881
Modine Manufacturing
MOD
$10.5B
| $7.82M | ﹤0.01% |
406,175
+19,481
| +5% | +$327K |
|
|
GTT
1882
DELISTED
GTT Communications, Inc.
GTT
| $7.8M | ﹤0.01% |
246,517
+26,752
| +12% | +$817K |
|
1883
Koppers
KOP
$970M
| $7.8M | ﹤0.01% |
169,001
+7,239
| +4% | +$281K |
|
1884
OceanFirst Financial
OCFC
$1.69B
| $7.8M | ﹤0.01% |
283,667
+7,915
| +3% | +$206K |
|
1885
National Bank Holdings
NBHC
$1.93B
| $7.78M | ﹤0.01% |
217,956
+8,589
| +4% | +$285K |
|
1886
Atkore
ATKR
$3.16B
| $7.77M | ﹤0.01% |
398,296
+32,840
| +9% | +$630K |
|
|
CMO
1887
DELISTED
Capstead Mortgage Corp.
CMO
| $7.75M | ﹤0.01% |
803,423
+42,168
| +6% | +$415K |
|
|
MB
1888
DELISTED
MINDBODY, Inc. Class A Common Stock
MB
| $7.74M | ﹤0.01% |
299,375
+28,016
| +10% | +$694K |
|
1889
Stewart Information Services
STC
$2.08B
| $7.73M | ﹤0.01% |
204,840
+19,278
| +10% | +$752K |
|
|
TRST
1890
Trustco Bank Corp NY
TRST
$974M
| $7.72M | ﹤0.01% |
173,539
+10,272
| +6% | +$410K |
|
|
OME
1891
DELISTED
Omega Protein
OME
| $7.72M | ﹤0.01% |
463,689
-6,829
| -1% | -$111K |
|
|
SVU
1892
DELISTED
SUPERVALU Inc.
SVU
| $7.69M | ﹤0.01% |
353,641
+34,965
| +11% | +$774K |
|
1893
Red Robin
RRGB
$149M
| $7.69M | ﹤0.01% |
114,779
+5,699
| +5% | +$346K |
|
1894
Anika Therapeutics
ANIK
$265M
| $7.69M | ﹤0.01% |
132,562
+7,649
| +6% | +$400K |
|
1895
Sturm, Ruger & Co
RGR
$619M
| $7.69M | ﹤0.01% |
148,698
+2,833
| +2% | +$150K |
|
|
COBZ
1896
DELISTED
CoBiz Financial,Inc
COBZ
| $7.69M | ﹤0.01% |
391,408
+10,259
| +3% | +$179K |
|
1897
iShares Core S&P Small-Cap ETF
IJR
$112B
| – | – |
0
| – | – |
|
|
SHPG
1898
DELISTED
Shire pic
SHPG
| $7.68M | ﹤0.01% |
50,146
-3,140
| -6% | -$492K |
|
|
DEA
1899
Easterly Government Properties
DEA
$1.18B
| $7.67M | ﹤0.01% |
148,437
+42,967
| +41% | +$2.16M |
|
|
WWE
1900
DELISTED
World Wrestling Entertainment
WWE
| $7.67M | ﹤0.01% |
325,683
+20,073
| +7% | +$431K |
|
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.