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 | |
|---|---|---|---|---|---|---|
2276
Ezcorp Inc
EZPW
$1.86B
| $4.19M | ﹤0.01% |
440,644
-1,186
| -0.3% | -$10.4K |
|
|
MITT
2277
TPG Mortgage Investment Trust
MITT
$227M
| $4.18M | ﹤0.01% |
72,484
+779
| +1% | +$44.3K |
|
|
OPB
2278
DELISTED
Opus Bank Common Stock
OPB
| $4.18M | ﹤0.01% |
174,194
+4,522
| +3% | +$105K |
|
2279
Insteel Industries
IIIN
$602M
| $4.16M | ﹤0.01% |
159,450
+11,735
| +8% | +$317K |
|
|
CET
2280
Central Securities Corp
CET
$1.61B
| $4.16M | ﹤0.01% |
160,800
-14,613
| -8% | -$369K |
|
2281
Century Communities
CCS
$1.96B
| $4.16M | ﹤0.01% |
168,245
+44,909
| +36% | +$1.09M |
|
2282
Monarch Casino & Resort
MCRI
$2.24B
| $4.16M | ﹤0.01% |
105,116
+10,273
| +11% | +$347K |
|
2283
UNIFI
UFI
$119M
| $4.15M | ﹤0.01% |
116,509
-11,583
| -9% | -$366K |
|
|
SPWR
2284
DELISTED
SunPower Corporation Common Stock
SPWR
| $4.14M | ﹤0.01% |
868,426
+17,739
| +2% | +$107K |
|
|
IVC
2285
DELISTED
Invacare Corporation
IVC
| $4.13M | ﹤0.01% |
262,365
+5,967
| +2% | +$85.2K |
|
2286
Forrester Research
FORR
$221M
| $4.12M | ﹤0.01% |
98,557
+1,495
| +2% | +$60.2K |
|
|
NEX
2287
DELISTED
NexTier Oilfield Solutions Inc.
NEX
| $4.12M | ﹤0.01% |
247,014
+33,834
| +16% | +$497K |
|
|
EVBG
2288
DELISTED
Everbridge, Inc. Common Stock
EVBG
| $4.12M | ﹤0.01% |
155,758
+4,611
| +3% | +$108K |
|
2289
ProPetro Holding
PUMP
$1.37B
| $4.11M | ﹤0.01% |
286,393
+10,476
| +4% | +$132K |
|
2290
DXP Enterprises
DXPE
$2.53B
| $4.09M | ﹤0.01% |
129,990
+3,453
| +3% | +$103K |
|
|
FINL
2291
DELISTED
Finish Line
FINL
| $4.07M | ﹤0.01% |
338,375
+8,300
| +3% | +$99.1K |
|
2292
Iovance Biotherapeutics
IOVA
$1.93B
| $4.07M | ﹤0.01% |
524,892
+7,244
| +1% | +$45.8K |
|
2293
Regis Corp
RGS
$68.7M
| $4.07M | ﹤0.01% |
14,244
+240
| +2% | +$55.3K |
|
2294
Spok Holdings
SPOK
$232M
| $4.06M | ﹤0.01% |
264,760
+19,060
| +8% | +$311K |
|
2295
West Bancorporation
WTBA
$481M
| $4.06M | ﹤0.01% |
166,468
-4,035
| -2% | -$91.3K |
|
|
TTSH
2296
DELISTED
Tile Shop Holdings
TTSH
| $4.06M | ﹤0.01% |
319,400
+19,220
| +6% | +$300K |
|
|
COWN
2297
DELISTED
Cowen Inc. Class A Common Stock
COWN
| $4.03M | ﹤0.01% |
226,587
+5,795
| +3% | +$94.8K |
|
2298
Haverty Furniture Companies
HVT
$416M
| $4.03M | ﹤0.01% |
153,931
+4,027
| +3% | +$96.2K |
|
2299
IDT Corp
IDT
$1.65B
| $4.03M | ﹤0.01% |
337,954
-41,019
| -11% | -$506K |
|
|
EEX
2300
DELISTED
Emerald Holding
EEX
| $4.02M | ﹤0.01% |
173,150
+2,540
| +1% | +$56.2K |
|
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.