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 | |
|---|---|---|---|---|---|---|
|
CARO
2326
DELISTED
Carolina Financial Corp.
CARO
| $3.83M | ﹤0.01% |
106,776
+2,172
| +2% | +$73K |
|
2327
The Bancorp
TBBK
$2.96B
| $3.82M | ﹤0.01% |
462,107
+19,140
| +4% | +$148K |
|
|
ACBI
2328
DELISTED
Atlantic Capital Bancshares, Inc. Common Stock
ACBI
| $3.81M | ﹤0.01% |
210,117
+60,547
| +40% | +$1.1M |
|
|
HAYN
2329
DELISTED
Haynes International, Inc.
HAYN
| $3.81M | ﹤0.01% |
106,108
+2,349
| +2% | +$75.8K |
|
2330
FB Financial Corp
FBK
$3.05B
| $3.8M | ﹤0.01% |
100,867
+39,132
| +63% | +$1.37M |
|
2331
Bar Harbor Bankshares
BHB
$675M
| $3.78M | ﹤0.01% |
120,684
+2,002
| +2% | +$56K |
|
2332
Daktronics
DAKT
$1,000M
| $3.78M | ﹤0.01% |
358,110
+31,078
| +10% | +$302K |
|
|
ZAGG
2333
DELISTED
ZAGG Inc Common Stock (Delaware)
ZAGG
| $3.78M | ﹤0.01% |
240,200
+16,481
| +7% | +$181K |
|
|
YELL
2334
DELISTED
Yellow Corporation Common Stock
YELL
| $3.78M | ﹤0.01% |
274,027
+4,551
| +2% | +$57.4K |
|
2335
Republic Bancorp
RBCAA
$1.95B
| $3.74M | ﹤0.01% |
96,144
+2,785
| +3% | +$99.2K |
|
2336
Intrepid Potash
IPI
$447M
| $3.73M | ﹤0.01% |
85,674
+2,101
| +3% | +$70.9K |
|
|
GHL
2337
DELISTED
Greenhill & Co., Inc.
GHL
| $3.73M | ﹤0.01% |
224,880
+3,614
| +2% | +$61.1K |
|
2338
Matrix Service
MTRX
$336M
| $3.72M | ﹤0.01% |
244,998
-109,697
| -31% | -$1.25M |
|
2339
e.l.f. Beauty
ELF
$4.87B
| $3.71M | ﹤0.01% |
164,731
+4,092
| +3% | +$94.4K |
|
|
NVEE
2340
DELISTED
NV5 Global
NVEE
| $3.71M | ﹤0.01% |
271,872
+4,832
| +2% | +$54.7K |
|
2341
Icon
ICLR
$12.2B
| $3.71M | ﹤0.01% |
32,539
+442
| +1% | +$47K |
|
2342
Simply Good Foods
SMPL
$1B
| $3.7M | ﹤0.01% |
+315,657
| New | +$3.74M |
|
2343
Bassett Furniture
BSET
$169M
| $3.69M | ﹤0.01% |
98,026
+2,699
| +3% | +$99.9K |
|
2344
Workiva
WK
$3.43B
| $3.69M | ﹤0.01% |
177,195
-4,465
| -2% | -$88.4K |
|
|
WMC
2345
DELISTED
Western Asset Mortgage Capital Corporation
WMC
| $3.68M | ﹤0.01% |
35,150
+585
| +2% | +$61.1K |
|
|
MRLN
2346
DELISTED
Marlin Business Services Corp
MRLN
| $3.68M | ﹤0.01% |
127,903
+1,677
| +1% | +$43.8K |
|
2347
Logitech
LOGI
$15.1B
| $3.67M | ﹤0.01% |
100,620
+3,380
| +3% | +$123K |
|
2348
Farmers National Banc Corp
FMNB
$946M
| $3.66M | ﹤0.01% |
243,166
+7,509
| +3% | +$105K |
|
2349
Sunrun
RUN
$2.49B
| $3.66M | ﹤0.01% |
659,430
+22,883
| +4% | +$156K |
|
|
VBTX
2350
DELISTED
Veritex Holdings
VBTX
| $3.65M | ﹤0.01% |
135,604
+23,459
| +21% | +$617K |
|
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.