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 | |
|---|---|---|---|---|---|---|
2101
Live Oak Bancshares
LOB
$2.03B
| $5.59M | ﹤0.01% |
238,300
+41,162
| +21% | +$962K |
|
|
EGRX
2102
DELISTED
Eagle Pharmaceuticals, Inc.
EGRX
| $5.58M | ﹤0.01% |
93,496
+3,741
| +4% | +$226K |
|
2103
ATN International
ATNI
$379M
| $5.57M | ﹤0.01% |
105,748
+3,419
| +3% | +$204K |
|
2104
MasterCraft Boat Holdings
MCFT
$582M
| $5.57M | ﹤0.01% |
273,468
-47,103
| -15% | -$876K |
|
|
AKCA
2105
DELISTED
Akcea Therapeutics Inc
AKCA
| $5.57M | ﹤0.01% |
+201,393
| New | +$3.73M |
|
2106
Kforce
KFRC
$1.03B
| $5.55M | ﹤0.01% |
274,938
-5,926
| -2% | -$110K |
|
|
AXDX
2107
DELISTED
Accelerate Diagnostics
AXDX
| $5.54M | ﹤0.01% |
24,690
+531
| +2% | +$130K |
|
|
ESIO
2108
DELISTED
Electro Scientific Industries
ESIO
| $5.54M | ﹤0.01% |
398,199
+80,661
| +25% | +$873K |
|
|
WCN
2109
Waste Connections
WCN
$42.3B
| $5.51M | ﹤0.01% |
80,137
+31,931
| +66% | +$2.11M |
|
|
SSNI
2110
DELISTED
Silver Spring Networks, Inc.
SSNI
| $5.5M | ﹤0.01% |
340,313
+20,579
| +6% | +$258K |
|
2111
Cass Information Systems
CASS
$722M
| $5.5M | ﹤0.01% |
114,386
+3,183
| +3% | +$152K |
|
2112
Aclaris Therapeutics
ACRS
$772M
| $5.47M | ﹤0.01% |
212,009
+68,312
| +48% | +$1.83M |
|
2113
LeMaitre Vascular
LMAT
$2.37B
| $5.47M | ﹤0.01% |
146,100
+31,491
| +27% | +$1.07M |
|
2114
MacroGenics
MGNX
$243M
| $5.46M | ﹤0.01% |
295,687
+10,715
| +4% | +$186K |
|
2115
Virtu Financial
VIRT
$5.12B
| $5.46M | ﹤0.01% |
337,319
+19,039
| +6% | +$321K |
|
2116
Waterstone Financial
WSBF
$375M
| $5.46M | ﹤0.01% |
280,198
-413
| -0.1% | -$7.6K |
|
2117
Usana Health Sciences
USNA
$422M
| $5.46M | ﹤0.01% |
94,612
-14,862
| -14% | -$878K |
|
|
FLXN
2118
DELISTED
Flexion Therapeutics, Inc.
FLXN
| $5.44M | ﹤0.01% |
224,843
+14,849
| +7% | +$349K |
|
2119
QCR Holdings
QCRH
$1.71B
| $5.43M | ﹤0.01% |
119,378
+1,869
| +2% | +$84.3K |
|
|
ROCC
2120
DELISTED
Ranger Oil Corporation Class A Common Stock
ROCC
| $5.43M | ﹤0.01% |
135,793
+56,356
| +71% | +$2.16M |
|
2121
Greenlight Captial
GLRE
$552M
| $5.41M | ﹤0.01% |
249,887
+8,826
| +4% | +$191K |
|
|
RATE
2122
DELISTED
Bankrate Inc
RATE
| $5.41M | ﹤0.01% |
387,825
+1,124
| +0.3% | +$15.6K |
|
2123
BJ's Restaurants
BJRI
$1.44B
| $5.4M | ﹤0.01% |
177,304
-1,417
| -0.8% | -$45.9K |
|
2124
NeoGenomics
NEO
$2.04B
| $5.4M | ﹤0.01% |
484,852
+28,828
| +6% | +$281K |
|
|
EIGI
2125
DELISTED
Endurance International Group Holdings, Inc.
EIGI
| $5.39M | ﹤0.01% |
657,659
+62,315
| +10% | +$503K |
|
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.