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 | |
|---|---|---|---|---|---|---|
2126
Globalstar
GSAT
$10.8B
| $5.38M | ﹤0.01% |
220,189
+31,416
| +17% | +$909K |
|
|
SNC
2127
DELISTED
State National Companies, Inc.
SNC
| $5.38M | ﹤0.01% |
256,344
+2,092
| +0.8% | +$42.4K |
|
|
CTRL
2128
DELISTED
Control4 Corporation
CTRL
| $5.38M | ﹤0.01% |
182,499
+7,756
| +4% | +$189K |
|
2129
TG Therapeutics
TGTX
$7.07B
| $5.37M | ﹤0.01% |
453,571
+22,817
| +5% | +$260K |
|
2130
Cenovus Energy
CVE
$54.5B
| $5.36M | ﹤0.01% |
539,139
-102,865
| -16% | -$841K |
|
2131
Peoples Bancorp
PEBO
$1.5B
| $5.34M | ﹤0.01% |
158,896
+2,821
| +2% | +$89.5K |
|
|
AHT
2132
Ashford Hospitality Trust
AHT
$21M
| $5.34M | ﹤0.01% |
810
+32
| +4% | +$197K |
|
2133
Vipshop
VIPS
$7.47B
| $5.33M | ﹤0.01% |
610,073
-12,223
| -2% | -$127K |
|
2134
Novartis
NVS
$292B
| $5.32M | ﹤0.01% |
69,188
+47,026
| +212% | +$3.55M |
|
|
ITCI
2135
DELISTED
Intra-Cellular Therapies Inc.
ITCI
| $5.32M | ﹤0.01% |
337,189
+50,659
| +18% | +$743K |
|
2136
Lexicon Pharmaceuticals
LXRX
$1.03B
| $5.32M | ﹤0.01% |
432,650
+9,828
| +2% | +$145K |
|
|
FARO
2137
DELISTED
Faro Technologies
FARO
| $5.31M | ﹤0.01% |
138,773
-3,345
| -2% | -$121K |
|
2138
Shake Shack
SHAK
$2.61B
| $5.3M | ﹤0.01% |
159,431
+4,251
| +3% | +$139K |
|
2139
John B. Sanfilippo & Son
JBSS
$993M
| $5.29M | ﹤0.01% |
78,654
+1,632
| +2% | +$105K |
|
2140
Laureate Education
LAUR
$5.18B
| $5.28M | ﹤0.01% |
362,790
+6,361
| +2% | +$99.7K |
|
|
GBNK
2141
DELISTED
Guaranty Bancorp
GBNK
| $5.25M | ﹤0.01% |
189,038
+19,919
| +12% | +$527K |
|
2142
HealthStream
HSTM
$828M
| $5.25M | ﹤0.01% |
224,514
-2,485
| -1% | -$59.1K |
|
|
KG
2143
Kestrel Group
KG
$66.7M
| $5.23M | ﹤0.01% |
32,891
+1,372
| +4% | +$243K |
|
2144
M/I Homes
MHO
$3.8B
| $5.23M | ﹤0.01% |
195,570
+12,334
| +7% | +$320K |
|
2145
Warrior Met Coal
HCC
$4.25B
| $5.22M | ﹤0.01% |
221,553
-31,516
| -12% | -$723K |
|
|
NXRT
2146
NexPoint Residential Trust
NXRT
$660M
| $5.21M | ﹤0.01% |
219,742
+37,648
| +21% | +$907K |
|
2147
BlackLine
BL
$1.92B
| $5.2M | ﹤0.01% |
152,471
+11,196
| +8% | +$379K |
|
|
LJPC
2148
DELISTED
La Jolla Pharmaceutical Company
LJPC
| $5.2M | ﹤0.01% |
149,579
+9,217
| +7% | +$296K |
|
2149
Metallus
MTUS
$851M
| $5.2M | ﹤0.01% |
315,270
+7,649
| +2% | +$117K |
|
2150
Peapack-Gladstone Financial
PGC
$821M
| $5.19M | ﹤0.01% |
153,900
+11,327
| +8% | +$357K |
|
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.