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 | |
|---|---|---|---|---|---|---|
1951
German American Bancorp
GABC
$1.92B
| $7.12M | ﹤0.01% |
187,322
+4,498
| +2% | +$153K |
|
1952
Preferred Bank
PFBC
$1.26B
| $7.12M | ﹤0.01% |
117,927
+1,940
| +2% | +$107K |
|
1953
MGP Ingredients
MGPI
$370M
| $7.1M | ﹤0.01% |
117,161
+9,866
| +9% | +$565K |
|
1954
TherapeuticsMD
TXMD
$23.6M
| $7.1M | ﹤0.01% |
26,847
+715
| +3% | +$207K |
|
1955
Axcelis
ACLS
$4.03B
| $7.1M | ﹤0.01% |
259,547
+6,812
| +3% | +$151K |
|
|
CTWS
1956
DELISTED
Connecticut Water Service Inc
CTWS
| $7.09M | ﹤0.01% |
119,532
+3,292
| +3% | +$185K |
|
|
HDP
1957
DELISTED
Hortonworks, Inc.
HDP
| $7.05M | ﹤0.01% |
415,918
+24,461
| +6% | +$369K |
|
|
KTWO
1958
DELISTED
K2M Group Holdings, Inc
KTWO
| $7.03M | ﹤0.01% |
331,514
+8,480
| +3% | +$197K |
|
1959
Cohen & Steers
CNS
$4.35B
| $7.03M | ﹤0.01% |
177,967
+9,337
| +6% | +$371K |
|
1960
Impinj
PI
$4.93B
| $7.02M | ﹤0.01% |
168,797
+70,182
| +71% | +$2.95M |
|
|
AEGN
1961
DELISTED
Aegion Corp
AEGN
| $7.01M | ﹤0.01% |
301,254
+6,297
| +2% | +$139K |
|
1962
Movado Group
MOV
$866M
| $7M | ﹤0.01% |
250,155
+5,533
| +2% | +$141K |
|
|
NWLI
1963
DELISTED
National Western Life Group, Inc. Class A
NWLI
| $6.99M | ﹤0.01% |
20,028
+236
| +1% | +$79.2K |
|
1964
Alaunos Therapeutics
TCRT
$4.66M
| $6.99M | ﹤0.01% |
7,587
+173
| +2% | +$154K |
|
|
AD
1965
Array Digital Infrastructure
AD
$3.03B
| $6.98M | ﹤0.01% |
197,160
+49,350
| +33% | +$1.86M |
|
1966
Camping World
CWH
$694M
| $6.95M | ﹤0.01% |
170,672
+25,165
| +17% | +$873K |
|
1967
United Parks & Resorts
PRKS
$2.15B
| $6.92M | ﹤0.01% |
533,178
+12,449
| +2% | +$170K |
|
1968
Kinsale Capital Group
KNSL
$8.21B
| $6.91M | ﹤0.01% |
160,066
+12,277
| +8% | +$478K |
|
1969
Community Health Systems
CYH
$412M
| $6.91M | ﹤0.01% |
899,372
-42,477
| -5% | -$331K |
|
|
DHIL
1970
DELISTED
Diamond Hill
DHIL
| $6.87M | ﹤0.01% |
32,371
+1,073
| +3% | +$212K |
|
|
MAGN
1971
Magnera Corp
MAGN
$489M
| $6.87M | ﹤0.01% |
27,181
+572
| +2% | +$136K |
|
1972
Green Plains
GPRE
$1.17B
| $6.87M | ﹤0.01% |
340,917
+34,599
| +11% | +$660K |
|
1973
iShares Currency Hedged MSCI Eurozone ETF
HEZU
$577M
| – | – |
0
| – | – |
|
|
AMAG
1974
DELISTED
AMAG Pharmaceuticals
AMAG
| $6.86M | ﹤0.01% |
372,027
+8,709
| +2% | +$162K |
|
1975
Huron Consulting
HURN
$2.39B
| $6.85M | ﹤0.01% |
199,859
+6,787
| +4% | +$240K |
|
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.