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 | |
|---|---|---|---|---|---|---|
|
LCI
2251
DELISTED
Lannett Company, Inc.
LCI
| $4.33M | ﹤0.01% |
58,680
+3,692
| +7% | +$271K |
|
2252
Genesco
GCO
$435M
| $4.33M | ﹤0.01% |
162,811
-15,688
| -9% | -$443K |
|
2253
Mercer International
MERC
$44.8M
| $4.29M | ﹤0.01% |
362,495
+64,383
| +22% | +$722K |
|
|
MEET
2254
DELISTED
The Meet Group, Inc. Common Stock
MEET
| $4.29M | ﹤0.01% |
1,178,627
-90,317
| -7% | -$385K |
|
|
PFC
2255
DELISTED
Premier Financial Corp. Common Stock
PFC
| $4.29M | ﹤0.01% |
163,426
-2,538
| -2% | -$64K |
|
2256
National Presto Industries
NPK
$967M
| $4.28M | ﹤0.01% |
40,248
+608
| +2% | +$64.2K |
|
2257
Bank of N.T. Butterfield & Son
NTB
$2.46B
| $4.28M | ﹤0.01% |
116,939
+10,133
| +9% | +$346K |
|
2258
Trupanion
TRUP
$1.09B
| $4.28M | ﹤0.01% |
162,198
+19,253
| +13% | +$442K |
|
2259
Mesa Laboratories
MLAB
$584M
| $4.27M | ﹤0.01% |
28,602
+768
| +3% | +$108K |
|
2260
Stoneridge
SRI
$210M
| $4.26M | ﹤0.01% |
214,973
-4,210
| -2% | -$69.7K |
|
2261
Titan International
TWI
$466M
| $4.26M | ﹤0.01% |
419,450
+14,064
| +3% | +$146K |
|
2262
Abeona Therapeutics
ABEO
$364M
| $4.25M | ﹤0.01% |
9,978
+678
| +7% | +$182K |
|
|
PEO
2263
Adams Natural Resources Fund
PEO
$739M
| $4.25M | ﹤0.01% |
224,716
-17,140
| -7% | -$308K |
|
|
ATRS
2264
DELISTED
Antares Pharma, Inc.
ATRS
| $4.24M | ﹤0.01% |
1,309,831
+119,693
| +10% | +$369K |
|
2265
Ambarella
AMBA
$3.63B
| $4.23M | ﹤0.01% |
86,340
+1,330
| +2% | +$65.6K |
|
|
CCRN
2266
DELISTED
Cross Country Healthcare
CCRN
| $4.22M | ﹤0.01% |
296,933
+9,282
| +3% | +$116K |
|
2267
Comtech Telecommunications
CMTL
$49.7M
| $4.22M | ﹤0.01% |
205,834
+9,429
| +5% | +$181K |
|
|
DNR
2268
DELISTED
Denbury Resources, Inc.
DNR
| $4.22M | ﹤0.01% |
3,152,454
-14,088
| -0.4% | -$18.4K |
|
|
BFYT
2269
DELISTED
Benefytt Technologies, Inc. Class A Common Stock
BFYT
| $4.22M | ﹤0.01% |
290,851
+220,594
| +314% | +$6.09M |
|
|
FFWM
2270
DELISTED
First Foundation Inc
FFWM
| $4.22M | ﹤0.01% |
235,665
+7,576
| +3% | +$128K |
|
2271
Ichor Holdings
ICHR
$2.8B
| $4.21M | ﹤0.01% |
157,179
+59,527
| +61% | +$1.3M |
|
2272
Marcus Corp
MCS
$946M
| $4.21M | ﹤0.01% |
151,950
+4,176
| +3% | +$112K |
|
2273
Artesian Resources
ARTNA
$352M
| $4.21M | ﹤0.01% |
111,301
+850
| +0.8% | +$32K |
|
|
PSDO
2274
DELISTED
Presidio, Inc. Common Stock
PSDO
| $4.21M | ﹤0.01% |
297,211
-8,085
| -3% | -$112K |
|
2275
Myers Industries
MYE
$1.38B
| $4.19M | ﹤0.01% |
199,880
+21,782
| +12% | +$400K |
|
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.