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 | |
|---|---|---|---|---|---|---|
|
LDR
2151
DELISTED
Landauer Inc
LDR
| $5.19M | ﹤0.01% |
77,094
+5,918
| +8% | +$358K |
|
|
PRO
2152
DELISTED
PROS Holdings
PRO
| $5.17M | ﹤0.01% |
214,066
+14,102
| +7% | +$375K |
|
2153
Beazer Homes USA
BZH
$901M
| $5.16M | ﹤0.01% |
275,331
+5,873
| +2% | +$89.3K |
|
2154
Gildan
GIL
$10.2B
| $5.15M | ﹤0.01% |
165,948
+21,623
| +15% | +$662K |
|
|
HSKA
2155
DELISTED
Heska Corp
HSKA
| $5.14M | ﹤0.01% |
58,342
+1,552
| +3% | +$153K |
|
|
SGY
2156
DELISTED
Stone Energy
SGY
| $5.14M | ﹤0.01% |
176,790
+3,780
| +2% | +$90.6K |
|
2157
Upbound Group
UPBD
$1.18B
| $5.13M | ﹤0.01% |
446,584
+8,950
| +2% | +$111K |
|
2158
First Financial Corp
THFF
$982M
| $5.12M | ﹤0.01% |
107,484
+2,867
| +3% | +$130K |
|
2159
Shutterstock
SSTK
$223M
| $5.11M | ﹤0.01% |
153,557
+4,255
| +3% | +$157K |
|
2160
Hackett Group
HCKT
$285M
| $5.1M | ﹤0.01% |
335,763
+23,343
| +7% | +$348K |
|
|
RXDX
2161
DELISTED
Ignyta, Inc.
RXDX
| $5.09M | ﹤0.01% |
412,487
+32,198
| +8% | +$332K |
|
2162
Horizon Bancorp
HBNC
$1.06B
| $5.07M | ﹤0.01% |
260,774
+5,004
| +2% | +$88.1K |
|
2163
Coherus Oncology
CHRS
$222M
| $5.06M | ﹤0.01% |
379,392
+56,266
| +17% | +$744K |
|
2164
SandRidge Energy
SD
$503M
| $5.06M | ﹤0.01% |
251,858
+52,967
| +27% | +$982K |
|
2165
Ennis
EBF
$558M
| $5.05M | ﹤0.01% |
257,224
+16,234
| +7% | +$310K |
|
2166
Autohome
ATHM
$2.68B
| $5.05M | ﹤0.01% |
84,558
+447
| +0.5% | +$25.6K |
|
2167
WillScot Mobile Mini Holdings
WSC
$4.66B
| $5.05M | ﹤0.01% |
+500,000
| New | +$5.03M |
|
|
GNC
2168
DELISTED
GNC Holdings, Inc.
GNC
| $5.04M | ﹤0.01% |
570,134
+30,165
| +6% | +$271K |
|
|
CHUBK
2169
DELISTED
CommerceHub, Inc. Series C Common Stock
CHUBK
| $5.04M | ﹤0.01% |
235,936
+17,111
| +8% | +$336K |
|
2170
American Vanguard Corp
AVD
$70.4M
| $5.03M | ﹤0.01% |
219,600
+16,188
| +8% | +$321K |
|
|
NSM
2171
DELISTED
Nationstar Mortgage Holdings
NSM
| $5.03M | ﹤0.01% |
270,661
+18,905
| +8% | +$330K |
|
2172
Axogen
AXGN
$2.46B
| $5.02M | ﹤0.01% |
259,326
+35,760
| +16% | +$601K |
|
|
BOLD
2173
DELISTED
Audentes Therapeutics, Inc
BOLD
| $5.02M | ﹤0.01% |
179,083
+13,300
| +8% | +$289K |
|
|
EGL
2174
DELISTED
Engility Holdings, Inc.
EGL
| $5M | ﹤0.01% |
144,182
+3,041
| +2% | +$92.5K |
|
|
TOWR
2175
DELISTED
Tower International, Inc.
TOWR
| $4.98M | ﹤0.01% |
183,124
+13,193
| +8% | +$307K |
|
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.