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 | |
|---|---|---|---|---|---|---|
|
BGC
1901
DELISTED
General Cable Corporation
BGC
| $7.67M | ﹤0.01% |
406,688
+11,667
| +3% | +$209K |
|
1902
Heritage Financial
HFWA
$1.24B
| $7.66M | ﹤0.01% |
259,648
+3,799
| +1% | +$102K |
|
1903
Atlanta Braves Holdings Series B
BATRK
$3.27B
| $7.65M | ﹤0.01% |
302,689
+8,520
| +3% | +$210K |
|
1904
Univest Financial
UVSP
$1.24B
| $7.65M | ﹤0.01% |
238,992
+17,151
| +8% | +$512K |
|
|
DO
1905
DELISTED
Diamond Offshore Drilling
DO
| $7.65M | ﹤0.01% |
527,416
+28,899
| +6% | +$348K |
|
1906
Xencor
XNCR
$1.47B
| $7.63M | ﹤0.01% |
332,820
-44,738
| -12% | -$993K |
|
1907
Vanda Pharmaceuticals
VNDA
$316M
| $7.63M | ﹤0.01% |
426,044
-6,010
| -1% | -$101K |
|
|
ESND
1908
DELISTED
Essendant Inc.
ESND
| $7.63M | ﹤0.01% |
579,087
+102,118
| +21% | +$1.29M |
|
|
XENT
1909
DELISTED
Intersect ENT, Inc
XENT
| $7.62M | ﹤0.01% |
244,781
+6,314
| +3% | +$187K |
|
|
FFIC
1910
DELISTED
Flushing Financial
FFIC
| $7.62M | ﹤0.01% |
256,408
+6,425
| +3% | +$179K |
|
|
DPLO
1911
DELISTED
DIPLOMAT PHARMACY, INC.
DPLO
| $7.62M | ﹤0.01% |
367,921
-12,952
| -3% | -$219K |
|
1912
Super Micro Computer
SMCI
$19.3B
| $7.61M | ﹤0.01% |
3,445,360
-773,520
| -18% | -$1.98M |
|
1913
CBIZ
CBZ
$2.99B
| $7.61M | ﹤0.01% |
468,159
+10,221
| +2% | +$154K |
|
1914
Liberty Media Series A
FWONA
$22.3B
| $7.6M | ﹤0.01% |
217,451
+14,888
| +7% | +$499K |
|
1915
Unitil
UTL
$946M
| $7.6M | ﹤0.01% |
153,589
+2,146
| +1% | +$107K |
|
1916
Washington Trust Bancorp
WASH
$765M
| $7.58M | ﹤0.01% |
132,467
-689
| -0.5% | -$35.8K |
|
|
HTO
1917
H2O America
HTO
$2.55B
| $7.55M | ﹤0.01% |
133,391
+2,518
| +2% | +$135K |
|
|
NFBK
1918
DELISTED
Northfield Bancorp
NFBK
| $7.53M | ﹤0.01% |
434,276
+9,904
| +2% | +$163K |
|
1919
Smith & Wesson
SWBI
$664M
| $7.52M | ﹤0.01% |
641,820
-362,696
| -36% | -$5.11M |
|
1920
LGI Homes
LGIH
$1.39B
| $7.5M | ﹤0.01% |
154,385
+11,397
| +8% | +$507K |
|
1921
ArcBest
ARCB
$3.2B
| $7.48M | ﹤0.01% |
223,750
+29,904
| +15% | +$787K |
|
|
BFS
1922
Saul Centers
BFS
$824M
| $7.48M | ﹤0.01% |
120,836
+2,464
| +2% | +$149K |
|
1923
Donnelley Financial Solutions
DFIN
$1.18B
| $7.48M | ﹤0.01% |
346,919
+19,859
| +6% | +$430K |
|
1924
Liberty Latin America Class A
LILA
$1.68B
| $7.48M | ﹤0.01% |
491,562
-40,313
| -8% | -$651K |
|
|
HT
1925
DELISTED
Hersha Hospitality Trust Priority Class A Common Shares of Beneficial Interest
HT
| $7.46M | ﹤0.01% |
399,836
-27,432
| -6% | -$504K |
|
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.