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 | |
|---|---|---|---|---|---|---|
|
CZR
1926
DELISTED
Caesars Entertainment Corporation
CZR
| $7.46M | ﹤0.01% |
559,017
+23,418
| +4% | +$284K |
|
1927
Douglas Dynamics
PLOW
$1.05B
| $7.45M | ﹤0.01% |
189,195
+9,651
| +5% | +$329K |
|
1928
Schneider National
SNDR
$6.29B
| $7.44M | ﹤0.01% |
293,977
+15,103
| +5% | +$336K |
|
|
ZGNX
1929
DELISTED
Zogenix, Inc.
ZGNX
| $7.43M | ﹤0.01% |
212,063
+4,051
| +2% | +$55K |
|
1930
Marten Transport
MRTN
$1.22B
| $7.39M | ﹤0.01% |
539,769
+27,919
| +5% | +$317K |
|
|
SYNT
1931
DELISTED
Syntel Inc
SYNT
| $7.38M | ﹤0.01% |
375,551
-3,035
| -0.8% | -$55.4K |
|
1932
Phibro Animal Health
PAHC
$1.48B
| $7.37M | ﹤0.01% |
198,976
+3,965
| +2% | +$149K |
|
1933
Lantheus
LNTH
$6.58B
| $7.33M | ﹤0.01% |
412,089
+155,214
| +60% | +$2.73M |
|
1934
Columbus McKinnon
CMCO
$620M
| $7.33M | ﹤0.01% |
193,590
+22,300
| +13% | +$681K |
|
|
PEI
1935
DELISTED
Pennsylvania Real Estate Investment Trust
PEI
| $7.29M | ﹤0.01% |
46,343
+3,887
| +9% | +$639K |
|
|
INST
1936
DELISTED
Instructure, Inc.
INST
| $7.29M | ﹤0.01% |
219,964
+142,692
| +185% | +$4.41M |
|
1937
BlackBerry
BB
$5.2B
| $7.28M | ﹤0.01% |
653,601
+47,029
| +8% | +$442K |
|
|
NPKI
1938
NPK International
NPKI
$1.16B
| $7.28M | ﹤0.01% |
728,253
+72,148
| +11% | +$590K |
|
|
CIR
1939
DELISTED
CIRCOR International, Inc
CIR
| $7.28M | ﹤0.01% |
133,750
+5,339
| +4% | +$278K |
|
1940
PTC Therapeutics
PTCT
$5.75B
| $7.26M | ﹤0.01% |
363,005
+71,590
| +25% | +$1.4M |
|
|
CBB
1941
DELISTED
Cincinnati Bell Inc.
CBB
| $7.25M | ﹤0.01% |
365,133
+25,543
| +8% | +$503K |
|
1942
Pembina Pipeline
PBA
$27.8B
| $7.25M | ﹤0.01% |
208,384
+8,482
| +4% | +$283K |
|
1943
Materion
MTRN
$4.66B
| $7.24M | ﹤0.01% |
167,883
+3,332
| +2% | +$128K |
|
|
GTY
1944
Getty Realty Corp
GTY
$2.08B
| $7.2M | ﹤0.01% |
251,516
+16,893
| +7% | +$448K |
|
1945
Flexsteel Industries
FLXS
$313M
| $7.19M | ﹤0.01% |
141,838
-4,768
| -3% | -$243K |
|
|
CAMP
1946
DELISTED
CalAmp Corp.
CAMP
| $7.19M | ﹤0.01% |
13,443
+301
| +2% | +$133K |
|
1947
Ethan Allen Interiors
ETD
$608M
| $7.16M | ﹤0.01% |
221,034
-38,670
| -15% | -$1.19M |
|
|
TYPE
1948
DELISTED
Monotype Imaging Holdings Inc.
TYPE
| $7.16M | ﹤0.01% |
371,692
+8,269
| +2% | +$155K |
|
1949
Great Southern Bancorp
GSBC
$887M
| $7.14M | ﹤0.01% |
128,409
+2,693
| +2% | +$138K |
|
|
ORIT
1950
DELISTED
Oritani Financial Corp. New
ORIT
| $7.14M | ﹤0.01% |
424,974
+18,878
| +5% | +$310K |
|
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.