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 | |
|---|---|---|---|---|---|---|
2176
Johnson Outdoors
JOUT
$502M
| $4.98M | ﹤0.01% |
67,942
+15,163
| +29% | +$884K |
|
|
APTS
2177
DELISTED
Preferred Apartment Communities, Inc.
APTS
| $4.97M | ﹤0.01% |
263,480
+23,950
| +10% | +$420K |
|
2178
Rayonier Advanced Materials
RYAM
$608M
| $4.97M | ﹤0.01% |
362,706
-184,523
| -34% | -$2.63M |
|
2179
Motorcar Parts of America
MPAA
$257M
| $4.96M | ﹤0.01% |
168,488
+13,805
| +9% | +$374K |
|
|
CNR
2180
DELISTED
Cornerstone Building Brands, Inc.
CNR
| $4.95M | ﹤0.01% |
317,111
-53,679
| -14% | -$888K |
|
|
UMH
2181
UMH Properties
UMH
$1.3B
| $4.92M | ﹤0.01% |
316,173
+56,083
| +22% | +$898K |
|
|
PRTK
2182
DELISTED
Paratek Pharmaceuticals, Inc.
PRTK
| $4.91M | ﹤0.01% |
195,631
+6,184
| +3% | +$144K |
|
2183
W&T Offshore
WTI
$522M
| $4.88M | ﹤0.01% |
1,601,928
+996,276
| +164% | +$2.11M |
|
2184
Triumph Financial Inc
TFIN
$1.83B
| $4.88M | ﹤0.01% |
151,274
+12,431
| +9% | +$349K |
|
|
AHRT
2185
AH Realty Trust
AHRT
$527M
| $4.87M | ﹤0.01% |
352,618
+7,193
| +2% | +$95.9K |
|
|
GNBC
2186
DELISTED
Green Bancorp, Inc
GNBC
| $4.85M | ﹤0.01% |
205,185
+4,769
| +2% | +$102K |
|
|
GAM
2187
General American Investors Company
GAM
$1.58B
| $4.85M | ﹤0.01% |
134,702
+684
| +0.5% | +$23.9K |
|
|
TEI
2188
Templeton Emerging Markets Income Fund
TEI
$315M
| $4.84M | ﹤0.01% |
418,153
+85,501
| +26% | +$974K |
|
|
PCBK
2189
DELISTED
Pacific Continental Corp
PCBK
| $4.82M | ﹤0.01% |
179,011
+4,806
| +3% | +$119K |
|
|
CHCT
2190
Community Healthcare Trust
CHCT
$522M
| $4.81M | ﹤0.01% |
178,477
+49,091
| +38% | +$1.27M |
|
|
KND
2191
DELISTED
Kindred Healthcare
KND
| $4.81M | ﹤0.01% |
707,585
-3,540
| -0.5% | -$30.1K |
|
|
XOXO
2192
DELISTED
Xo Group Inc
XOXO
| $4.8M | ﹤0.01% |
244,237
+3,659
| +2% | +$67.3K |
|
|
BHBK
2193
DELISTED
Blue Hills Bancorp, Inc.
BHBK
| $4.8M | ﹤0.01% |
250,019
+13,070
| +6% | +$244K |
|
|
RESI
2194
DELISTED
Front Yard Residential Corporation Common Stock
RESI
| $4.79M | ﹤0.01% |
430,786
+22,999
| +6% | +$280K |
|
2195
Inovio Pharmaceuticals
INO
$57.3M
| $4.78M | ﹤0.01% |
62,886
+14,248
| +29% | +$1.06M |
|
|
PHH
2196
DELISTED
PHH Corporation
PHH
| $4.78M | ﹤0.01% |
343,332
-90,567
| -21% | -$1.26M |
|
|
REN
2197
DELISTED
Resolute Energy Corporaton
REN
| $4.74M | ﹤0.01% |
159,744
+4,167
| +3% | +$124K |
|
2198
RadNet
RDNT
$5.25B
| $4.73M | ﹤0.01% |
409,783
+135,528
| +49% | +$1.24M |
|
2199
Mercantile Bank Corp
MBWM
$1.05B
| $4.72M | ﹤0.01% |
135,201
-2,588
| -2% | -$82K |
|
|
ALTA
2200
DELISTED
Altabancorp
ALTA
| $4.71M | ﹤0.01% |
145,235
+9,532
| +7% | +$266K |
|
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.