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 | |
|---|---|---|---|---|---|---|
|
AFAM
2076
DELISTED
Almost Family Inc
AFAM
| $5.79M | ﹤0.01% |
107,895
+2,642
| +3% | +$135K |
|
|
FMSA
2077
DELISTED
Fairmount Santrol Holdings Inc.
FMSA
| $5.79M | ﹤0.01% |
1,211,706
-91,531
| -7% | -$296K |
|
|
ITG
2078
DELISTED
Investment Technology Group Inc
ITG
| $5.78M | ﹤0.01% |
261,260
+12,224
| +5% | +$256K |
|
2079
Icahn Enterprises
IEP
$5.22B
| $5.78M | ﹤0.01% |
105,268
+3,060
| +3% | +$161K |
|
|
BGFV
2080
DELISTED
Big 5 Sporting Goods
BGFV
| $5.77M | ﹤0.01% |
753,889
+91,633
| +14% | +$848K |
|
2081
Agnico Eagle Mines
AEM
$74.6B
| $5.76M | ﹤0.01% |
128,496
+4,961
| +4% | +$232K |
|
|
FMI
2082
DELISTED
Foundation Medicine, Inc.
FMI
| $5.75M | ﹤0.01% |
143,131
+1,658
| +1% | +$64K |
|
2083
Editas Medicine
EDIT
$407M
| $5.73M | ﹤0.01% |
238,796
-46,283
| -16% | -$881K |
|
2084
Plug Power
PLUG
$2.9B
| $5.73M | ﹤0.01% |
2,195,486
-140,506
| -6% | -$313K |
|
|
MODV
2085
DELISTED
ModivCare
MODV
| $5.73M | ﹤0.01% |
105,934
+2,310
| +2% | +$118K |
|
2086
Ring Energy
REI
$320M
| $5.73M | ﹤0.01% |
395,251
+35,025
| +10% | +$451K |
|
|
CUNB
2087
DELISTED
CU Bancorp
CUNB
| $5.72M | ﹤0.01% |
147,503
+3,086
| +2% | +$112K |
|
2088
Griffon
GFF
$4.1B
| $5.71M | ﹤0.01% |
256,995
+6,075
| +2% | +$122K |
|
2089
Enova International
ENVA
$6.44B
| $5.7M | ﹤0.01% |
424,055
+94,767
| +29% | +$1.29M |
|
|
SCLN
2090
DELISTED
Sciclone Pharmaceuticals Inc
SCLN
| $5.7M | ﹤0.01% |
508,551
+76,567
| +18% | +$845K |
|
2091
Weis Markets
WMK
$1.94B
| $5.66M | ﹤0.01% |
130,139
+5,678
| +5% | +$258K |
|
|
BHVN
2092
DELISTED
Biohaven Pharmaceutical Holding Company Ltd.
BHVN
| $5.65M | ﹤0.01% |
151,200
-13,704
| -8% | -$416K |
|
2093
Malibu Boats
MBUU
$548M
| $5.64M | ﹤0.01% |
178,323
+31,171
| +21% | +$862K |
|
|
ATW
2094
DELISTED
Atwood Oceanics
ATW
| $5.63M | ﹤0.01% |
600,210
+14,948
| +3% | +$113K |
|
2095
AppFolio
APPF
$6.79B
| $5.62M | ﹤0.01% |
117,176
+22,741
| +24% | +$894K |
|
2096
Adams Diversified Equity Fund
ADX
$3.18B
| $5.61M | ﹤0.01% |
368,658
-6,078
| -2% | -$89.6K |
|
|
PSTB
2097
DELISTED
Park Sterling Corp.
PSTB
| $5.6M | ﹤0.01% |
451,162
+6,427
| +1% | +$74.6K |
|
|
BRSL
2098
Brightstar Lottery PLC
BRSL
$1.86B
| $5.59M | ﹤0.01% |
227,824
-53,303
| -19% | -$1.09M |
|
|
RVNC
2099
DELISTED
Revance Therapeutics, Inc.
RVNC
| $5.59M | ﹤0.01% |
203,020
+11,129
| +6% | +$270K |
|
|
STEW
2100
SRH Total Return Fund
STEW
$1.8B
| $5.59M | ﹤0.01% |
548,169
-12,641
| -2% | -$126K |
|
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.