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 | |
|---|---|---|---|---|---|---|
|
THR
2201
DELISTED
Thermon Group Holdings
THR
| $4.71M | ﹤0.01% |
261,684
+11,266
| +4% | +$198K |
|
2202
Hooker Furnishings Corp
HOFT
$160M
| $4.7M | ﹤0.01% |
98,331
+2,162
| +2% | +$92.6K |
|
2203
Ingles Markets
IMKTA
$1.74B
| $4.69M | ﹤0.01% |
182,433
+4,404
| +2% | +$117K |
|
|
AKAO
2204
DELISTED
Achaogen Inc
AKAO
| $4.68M | ﹤0.01% |
293,612
+22,372
| +8% | +$426K |
|
|
ACHN
2205
DELISTED
Achillion Pharmaceuticals
ACHN
| $4.68M | ﹤0.01% |
1,042,866
-30,163
| -3% | -$134K |
|
2206
Okta
OKTA
$24.6B
| $4.66M | ﹤0.01% |
165,208
+27,377
| +20% | +$694K |
|
|
JAG
2207
DELISTED
Jagged Peak Energy Inc.
JAG
| $4.66M | ﹤0.01% |
341,049
+57,856
| +20% | +$756K |
|
|
ECHO
2208
DELISTED
Echo Global Logistics, Inc.
ECHO
| $4.66M | ﹤0.01% |
247,145
+5,952
| +2% | +$97.4K |
|
|
VRTSP
2209
DELISTED
Virtus Investment Partners, Inc. 7.25% Series D Mandatory Convertible Preferred Stock
VRTSP
| – | – |
0
| – | – |
|
2210
Wheaton Precious Metals
WPM
$50.8B
| $4.64M | ﹤0.01% |
245,043
+7,080
| +3% | +$139K |
|
2211
SunCoke Energy
SXC
$714M
| $4.63M | ﹤0.01% |
506,605
+11,199
| +2% | +$105K |
|
|
XCRA
2212
DELISTED
Xcerra Corporation
XCRA
| $4.62M | ﹤0.01% |
468,598
+46,693
| +11% | +$451K |
|
|
BBBY
2213
Bed Bath & Beyond
BBBY
$507M
| $4.61M | ﹤0.01% |
206,788
+30,698
| +17% | +$463K |
|
|
CALA
2214
DELISTED
Calithera Biosciences, Inc
CALA
| $4.61M | ﹤0.01% |
14,641
+2,943
| +25% | +$928K |
|
|
TACO
2215
DELISTED
Del Taco Restaurants, Inc. Common Stock
TACO
| $4.6M | ﹤0.01% |
299,971
+5,123
| +2% | +$69.6K |
|
2216
Pacific Biosciences
PACB
$441M
| $4.59M | ﹤0.01% |
875,201
+211,646
| +32% | +$910K |
|
|
CARB
2217
DELISTED
Carbonite Inc
CARB
| $4.59M | ﹤0.01% |
208,717
+29,955
| +17% | +$634K |
|
|
HTBK
2218
DELISTED
Heritage Commerce
HTBK
| $4.57M | ﹤0.01% |
321,016
-19,883
| -6% | -$272K |
|
|
WSR
2219
DELISTED
Whitestone REIT
WSR
| $4.57M | ﹤0.01% |
349,883
+9,430
| +3% | +$121K |
|
2220
PC Connection
CNXN
$2.16B
| $4.56M | ﹤0.01% |
161,809
+1,415
| +0.9% | +$36.8K |
|
|
ACTA
2221
DELISTED
Actua Corp
ACTA
| $4.54M | ﹤0.01% |
296,514
+3,521
| +1% | +$46.3K |
|
2222
Gorman-Rupp
GRC
$2.19B
| $4.53M | ﹤0.01% |
139,212
-9,883
| -7% | -$284K |
|
2223
Assembly Biosciences
ASMB
$503M
| $4.52M | ﹤0.01% |
10,789
+531
| +5% | +$163K |
|
|
SHOE
2224
Shoe Station Group
SHOE
$419M
| $4.52M | ﹤0.01% |
403,910
-87,508
| -18% | -$812K |
|
|
SRDX
2225
DELISTED
Surmodics
SRDX
| $4.49M | ﹤0.01% |
144,893
-16,525
| -10% | -$449K |
|
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.