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 | |
|---|---|---|---|---|---|---|
|
FFG
2051
DELISTED
FBL Financial Group
FFG
| $6.02M | ﹤0.01% |
80,796
+2,704
| +3% | +$186K |
|
2052
Par Pacific Holdings
PARR
$4.16B
| $6M | ﹤0.01% |
288,704
+30,521
| +12% | +$553K |
|
|
IXYS
2053
DELISTED
IXYS Corp
IXYS
| $5.99M | ﹤0.01% |
252,812
-168,861
| -40% | -$3.21M |
|
|
PGTI
2054
DELISTED
PGT, Inc.
PGTI
| $5.99M | ﹤0.01% |
400,377
+20,046
| +5% | +$267K |
|
|
PRFT
2055
DELISTED
Perficient Inc
PRFT
| $5.97M | ﹤0.01% |
303,497
-5,400
| -2% | -$98.4K |
|
2056
Brown-Forman Class A
BF.A
$12.9B
| $5.96M | ﹤0.01% |
133,775
+15,489
| +13% | +$653K |
|
2057
World Acceptance Corp
WRLD
$877M
| $5.96M | ﹤0.01% |
71,895
-35,536
| -33% | -$2.74M |
|
2058
Advanced Drainage Systems
WMS
$11.1B
| $5.94M | ﹤0.01% |
293,369
+6,576
| +2% | +$133K |
|
|
ADAM
2059
Adamas Trust
ADAM
$848M
| $5.93M | ﹤0.01% |
241,283
-1,300
| -0.5% | -$32.5K |
|
2060
Dine Brands
DIN
$458M
| $5.92M | ﹤0.01% |
137,870
-21,844
| -14% | -$893K |
|
2061
CytomX Therapeutics
CTMX
$690M
| $5.92M | ﹤0.01% |
325,925
+91,162
| +39% | +$1.42M |
|
|
RUTH
2062
DELISTED
Ruth's Hospitality Group, Inc.
RUTH
| $5.92M | ﹤0.01% |
282,635
+20,983
| +8% | +$424K |
|
|
SGYP
2063
DELISTED
Synergy Pharmaceuticals, Inc Common Stock
SGYP
| $5.91M | ﹤0.01% |
2,038,301
+126,442
| +7% | +$431K |
|
|
GOOD
2064
Gladstone Commercial Corp
GOOD
$604M
| $5.91M | ﹤0.01% |
265,352
+22,083
| +9% | +$471K |
|
|
RRD
2065
DELISTED
RR Donnelley & Sons Co.
RRD
| $5.91M | ﹤0.01% |
573,338
+5,079
| +0.9% | +$52.6K |
|
|
LORL
2066
DELISTED
Loral Space and Communications, Inc.
LORL
| $5.9M | ﹤0.01% |
119,206
+1,859
| +2% | +$83.6K |
|
|
CSW
2067
CSW Industrials
CSW
$5.6B
| $5.89M | ﹤0.01% |
132,902
-2,863
| -2% | -$116K |
|
2068
The RMR Group
RMR
$322M
| $5.89M | ﹤0.01% |
114,729
+15,888
| +16% | +$785K |
|
2069
PJT Partners
PJT
$4.36B
| $5.89M | ﹤0.01% |
153,763
+8,172
| +6% | +$324K |
|
2070
Artivion
AORT
$1.33B
| $5.88M | ﹤0.01% |
258,860
+45,613
| +21% | +$919K |
|
2071
Imperial Oil
IMO
$61.1B
| $5.85M | ﹤0.01% |
46,907
-110,688
| -70% | -$3.29M |
|
2072
Amphastar Pharmaceuticals
AMPH
$892M
| $5.85M | ﹤0.01% |
327,389
+8,358
| +3% | +$137K |
|
|
FLIC
2073
DELISTED
First of Long Island Corp
FLIC
| $5.8M | ﹤0.01% |
190,639
+9,389
| +5% | +$262K |
|
|
NBIS
2074
Nebius Group N.V.
NBIS
$54B
| $5.8M | ﹤0.01% |
176,127
+6,805
| +4% | +$208K |
|
2075
PetMed Express
PETS
$42.3M
| $5.79M | ﹤0.01% |
174,759
-8,383
| -5% | -$341K |
|
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.