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 | |
|---|---|---|---|---|---|---|
|
STFC
2301
DELISTED
State Auto Financial Corp
STFC
| $4.01M | ﹤0.01% |
152,920
+5,307
| +4% | +$132K |
|
|
TARO
2302
DELISTED
Taro Pharmaceutical Industries Ltd.
TARO
| $4M | ﹤0.01% |
35,637
+398
| +1% | +$43.3K |
|
2303
Independent Bank Corp
IBCP
$797M
| $4M | ﹤0.01% |
176,475
+2,462
| +1% | +$51.5K |
|
2304
Elbit Systems
ESLT
$38.8B
| $3.99M | ﹤0.01% |
27,129
+824
| +3% | +$110K |
|
|
UCFC
2305
DELISTED
United Community Financial Corp
UCFC
| $3.99M | ﹤0.01% |
415,570
-7,529
| -2% | -$67.8K |
|
|
CAI
2306
DELISTED
CAI International, Inc.
CAI
| $3.98M | ﹤0.01% |
131,293
+2,667
| +2% | +$73.6K |
|
|
INWK
2307
DELISTED
InnerWorkings, Inc.
INWK
| $3.97M | ﹤0.01% |
353,103
-11,724
| -3% | -$130K |
|
|
EXAC
2308
DELISTED
Exactech Inc
EXAC
| $3.97M | ﹤0.01% |
120,425
-3,466
| -3% | -$104K |
|
2309
Westwood Holdings Group
WHG
$183M
| $3.95M | ﹤0.01% |
58,710
+723
| +1% | +$43.2K |
|
|
CACQ
2310
DELISTED
Caesars Acquisition Company
CACQ
| $3.95M | ﹤0.01% |
184,106
+11,608
| +7% | +$224K |
|
|
TAHO
2311
DELISTED
Tahoe Resources Inc
TAHO
| $3.94M | ﹤0.01% |
750,172
+133,530
| +22% | +$727K |
|
2312
Buckle
BKE
$2.35B
| $3.94M | ﹤0.01% |
233,753
+19,677
| +9% | +$312K |
|
|
EVRI
2313
DELISTED
Everi Holdings
EVRI
| $3.94M | ﹤0.01% |
518,498
-15,037
| -3% | -$113K |
|
|
HTB
2314
HomeTrust Bancshares
HTB
$868M
| $3.93M | ﹤0.01% |
153,151
-4,936
| -3% | -$118K |
|
|
BV
2315
DELISTED
Bazaarvoice, Inc.
BV
| $3.92M | ﹤0.01% |
793,160
+29,858
| +4% | +$142K |
|
2316
BioCryst Pharmaceuticals
BCRX
$2.24B
| $3.92M | ﹤0.01% |
747,750
+93,166
| +14% | +$477K |
|
|
RDS.B
2317
DELISTED
Royal Dutch Shell PLC ADS Class B
RDS.B
| $3.89M | ﹤0.01% |
62,265
+9,521
| +18% | +$546K |
|
|
NCOM
2318
DELISTED
National Commerce Corporation
NCOM
| $3.89M | ﹤0.01% |
90,879
+8,392
| +10% | +$336K |
|
2319
Hamilton Lane
HLNE
$5.22B
| $3.88M | ﹤0.01% |
144,602
+13,242
| +10% | +$305K |
|
|
REGI
2320
DELISTED
Renewable Energy Group, Inc.
REGI
| $3.88M | ﹤0.01% |
319,488
-4,920
| -2% | -$60.3K |
|
2321
Unisys
UIS
$219M
| $3.88M | ﹤0.01% |
455,991
+82,466
| +22% | +$799K |
|
2322
National CineMedia
NCMI
$391M
| $3.87M | ﹤0.01% |
55,412
+591
| +1% | +$38.2K |
|
|
FGL
2323
DELISTED
Fidelity & Guaranty Life
FGL
| $3.86M | ﹤0.01% |
124,263
+15,268
| +14% | +$476K |
|
2324
PDF Solutions
PDFS
$2B
| $3.84M | ﹤0.01% |
247,953
+18,656
| +8% | +$301K |
|
2325
Barrett Business Services
BBSI
$979M
| $3.83M | ﹤0.01% |
271,324
-21,472
| -7% | -$290K |
|
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.