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 | |
|---|---|---|---|---|---|---|
|
LMOS
2351
DELISTED
Lumos Networks Corp
LMOS
| $3.65M | ﹤0.01% |
204,008
+24,101
| +13% | +$432K |
|
|
ABTX
2352
DELISTED
Allegiance Bancshares
ABTX
| $3.64M | ﹤0.01% |
98,979
+2,071
| +2% | +$75.6K |
|
2353
First Community Bankshares
FCBC
$909M
| $3.61M | ﹤0.01% |
124,092
-914
| -0.7% | -$24.5K |
|
|
CORR
2354
DELISTED
CorEnergy Infrastructure Trust, Inc.
CORR
| $3.59M | ﹤0.01% |
101,666
-29,881
| -23% | -$1.02M |
|
2355
Tactile Systems Technology
TCMD
$659M
| $3.59M | ﹤0.01% |
115,926
+48,368
| +72% | +$1.53M |
|
|
ANCX
2356
DELISTED
Access National Corp
ANCX
| $3.58M | ﹤0.01% |
125,064
-3,959
| -3% | -$104K |
|
|
FSB
2357
DELISTED
Franklin Financial Network, Inc.
FSB
| $3.58M | ﹤0.01% |
100,497
+1,749
| +2% | +$61.8K |
|
|
BKMU
2358
DELISTED
Bank Mutual Corp
BKMU
| $3.58M | ﹤0.01% |
352,375
-19,505
| -5% | -$184K |
|
2359
Arrow Financial
AROW
$666M
| $3.57M | ﹤0.01% |
124,146
-8,104
| -6% | -$214K |
|
|
GPX
2360
DELISTED
GP Strategies Corp.
GPX
| $3.57M | ﹤0.01% |
115,772
+3,221
| +3% | +$90.9K |
|
|
KMG
2361
DELISTED
KMG Chemicals Inc
KMG
| $3.57M | ﹤0.01% |
65,074
-427
| -0.7% | -$21.3K |
|
|
GLUU
2362
DELISTED
Glu Mobile Inc.
GLUU
| $3.57M | ﹤0.01% |
949,720
+54,631
| +6% | +$172K |
|
|
MULE
2363
DELISTED
MuleSoft, Inc.
MULE
| $3.57M | ﹤0.01% |
177,194
+14,565
| +9% | +$324K |
|
2364
iShares Currency Hedged MSCI EAFE ETF
HEFA
$7.54B
| – | – |
0
| – | – |
|
|
ASNA
2365
DELISTED
Ascena Retail Group, Inc.
ASNA
| $3.56M | ﹤0.01% |
72,579
+1,237
| +2% | +$53.7K |
|
|
PHX
2366
DELISTED
PHX Minerals
PHX
| $3.56M | ﹤0.01% |
149,387
+23,522
| +19% | +$523K |
|
2367
VEON
VEON
$3.73B
| $3.55M | ﹤0.01% |
33,978
+1,672
| +5% | +$171K |
|
2368
Marcus & Millichap
MMI
$1.16B
| $3.55M | ﹤0.01% |
131,499
-8,698
| -6% | -$226K |
|
|
SEVN
2369
Seven Hills Realty Trust
SEVN
$174M
| $3.55M | ﹤0.01% |
183,709
+51,430
| +39% | +$1.05M |
|
2370
Hawkins
HWKN
$2.73B
| $3.54M | ﹤0.01% |
173,458
+2,996
| +2% | +$61.7K |
|
2371
OFG Bancorp
OFG
$2.25B
| $3.53M | ﹤0.01% |
385,552
+23,983
| +7% | +$228K |
|
|
SNCR
2372
DELISTED
Synchronoss Technologies
SNCR
| $3.52M | ﹤0.01% |
41,925
-2,677
| -6% | -$373K |
|
2373
Financial Institutions
FISI
$834M
| $3.51M | ﹤0.01% |
122,016
+2,328
| +2% | +$65.8K |
|
2374
ANI Pharmaceuticals
ANIP
$1.8B
| $3.49M | ﹤0.01% |
66,548
+1,201
| +2% | +$57.3K |
|
2375
Rockwell Medical
RMTI
$29.5M
| $3.49M | ﹤0.01% |
3,710
+69
| +2% | +$52.8K |
|
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.