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 | |
|---|---|---|---|---|---|---|
1976
Cimpress
CMPR
$2.4B
| $6.85M | ﹤0.01% |
70,101
+4,639
| +7% | +$431K |
|
1977
Future Fuel
FF
$215M
| $6.84M | ﹤0.01% |
434,457
+3,583
| +0.8% | +$51.7K |
|
1978
NN Inc
NNBR
$279M
| $6.82M | ﹤0.01% |
235,196
+5,965
| +3% | +$162K |
|
1979
Interparfums
IPAR
$4B
| $6.82M | ﹤0.01% |
165,300
+6,843
| +4% | +$264K |
|
1980
Clearwater Paper
CLW
$359M
| $6.8M | ﹤0.01% |
138,166
-1,834
| -1% | -$85.8K |
|
|
CUTR
1981
DELISTED
Cutera, Inc.
CUTR
| $6.79M | ﹤0.01% |
164,290
+62,037
| +61% | +$2.04M |
|
|
PDLI
1982
DELISTED
PDL BioPharma, Inc.
PDLI
| $6.78M | ﹤0.01% |
1,999,685
+229,042
| +13% | +$637K |
|
|
OSG
1983
Octave Specialty Group
OSG
$255M
| $6.77M | ﹤0.01% |
392,336
-5,156
| -1% | -$95.2K |
|
|
GHDX
1984
DELISTED
Genomic Health, Inc.
GHDX
| $6.77M | ﹤0.01% |
211,001
+5,288
| +3% | +$167K |
|
1985
AngioDynamics
ANGO
$627M
| $6.77M | ﹤0.01% |
395,969
+6,138
| +2% | +$103K |
|
|
IMGN
1986
DELISTED
Immunogen Inc
IMGN
| $6.76M | ﹤0.01% |
884,550
+171,360
| +24% | +$1.14M |
|
1987
Varonis Systems
VRNS
$4.73B
| $6.76M | ﹤0.01% |
484,212
+13,593
| +3% | +$175K |
|
|
BMTC
1988
DELISTED
Bryn Mawr Bank Corp
BMTC
| $6.76M | ﹤0.01% |
154,303
+3,860
| +3% | +$161K |
|
|
CUDA
1989
DELISTED
Barracuda Networks, Inc.
CUDA
| $6.72M | ﹤0.01% |
277,323
-87,401
| -24% | -$2.05M |
|
1990
CVR Energy
CVI
$3.31B
| $6.72M | ﹤0.01% |
259,330
+115,900
| +81% | +$2.46M |
|
1991
TTEC Holdings
TTEC
$122M
| $6.71M | ﹤0.01% |
160,849
-1,318
| -0.8% | -$53.4K |
|
|
MCHB
1992
Mechanics Bancorp
MCHB
$3.77B
| $6.71M | ﹤0.01% |
248,554
+565
| +0.2% | +$14.7K |
|
|
TLRD
1993
DELISTED
Tailored Brands, Inc.
TLRD
| $6.66M | ﹤0.01% |
461,335
+88,996
| +24% | +$1.08M |
|
1994
Floor & Decor
FND
$6.08B
| $6.66M | ﹤0.01% |
171,019
+54,959
| +47% | +$2.04M |
|
|
NRE
1995
DELISTED
NorthStar Realty Europe Corp.
NRE
| $6.63M | ﹤0.01% |
517,837
+9,441
| +2% | +$119K |
|
1996
SolarEdge
SEDG
$2.74B
| $6.61M | ﹤0.01% |
231,620
+13,081
| +6% | +$330K |
|
1997
LivePerson
LPSN
$22.1M
| $6.61M | ﹤0.01% |
32,528
+208
| +0.6% | +$39.9K |
|
|
FPO
1998
DELISTED
First Potomac Realty Trust
FPO
| $6.6M | ﹤0.01% |
592,202
+41,990
| +8% | +$467K |
|
|
MCRN
1999
DELISTED
Milacron Holdings Corp.
MCRN
| $6.59M | ﹤0.01% |
390,848
+25,268
| +7% | +$429K |
|
2000
Virtus Investment Partners
VRTS
$1.13B
| $6.58M | ﹤0.01% |
56,740
-445
| -0.8% | -$49.7K |
|
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.