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 | |
|---|---|---|---|---|---|---|
|
ORC
2376
Orchid Island Capital
ORC
$1.3B
| $3.49M | ﹤0.01% |
68,433
+14,869
| +28% | +$731K |
|
|
HZN
2377
DELISTED
Horizon Global Corporation
HZN
| $3.48M | ﹤0.01% |
197,327
+26,114
| +15% | +$425K |
|
|
ENZ
2378
DELISTED
Enzo Biochem, Inc.
ENZ
| $3.48M | ﹤0.01% |
332,135
-1,167
| -0.4% | -$13K |
|
2379
eHealth
EHTH
$43.8M
| $3.46M | ﹤0.01% |
144,832
+9,242
| +7% | +$188K |
|
2380
Digimarc Corp
DMRC
$163M
| $3.46M | ﹤0.01% |
94,484
+2,737
| +3% | +$85.5K |
|
|
AFI
2381
DELISTED
Armstrong Flooring, Inc.
AFI
| $3.45M | ﹤0.01% |
219,142
+29,851
| +16% | +$476K |
|
|
BAS
2382
DELISTED
Basis Energy Services, Inc.
BAS
| $3.44M | ﹤0.01% |
178,540
+2,499
| +1% | +$49.5K |
|
|
NXEO
2383
DELISTED
Nexeo Solutions, Inc. Common Stock
NXEO
| $3.44M | ﹤0.01% |
471,581
-20,966
| -4% | -$161K |
|
2384
NCS Multistage Holdings
NCSM
$120M
| $3.44M | ﹤0.01% |
7,140
+655
| +10% | +$287K |
|
|
OLP
2385
One Liberty Properties
OLP
$538M
| $3.44M | ﹤0.01% |
141,062
+1,765
| +1% | +$42.4K |
|
|
OMN
2386
DELISTED
OMNOVA Solutions Inc.
OMN
| $3.43M | ﹤0.01% |
313,664
+360
| +0.1% | +$3.34K |
|
2387
Nicolet Bankshares
NIC
$3.66B
| $3.43M | ﹤0.01% |
59,555
+2,710
| +5% | +$148K |
|
2388
Intellia Therapeutics
NTLA
$1.47B
| $3.42M | ﹤0.01% |
137,514
+43,911
| +47% | +$827K |
|
2389
NovoCure
NVCR
$1.79B
| $3.42M | ﹤0.01% |
172,177
+10,086
| +6% | +$198K |
|
|
BKS
2390
DELISTED
Barnes & Noble
BKS
| $3.41M | ﹤0.01% |
448,933
-43,817
| -9% | -$327K |
|
2391
Park-Ohio Holdings
PKOH
$590M
| $3.41M | ﹤0.01% |
74,733
+3,127
| +4% | +$126K |
|
|
HSII
2392
DELISTED
Heidrick & Struggles
HSII
| $3.4M | ﹤0.01% |
161,006
+7,452
| +5% | +$145K |
|
2393
Acushnet Holdings
GOLF
$6.1B
| $3.4M | ﹤0.01% |
191,453
+13,100
| +7% | +$232K |
|
2394
NVE Corp
NVEC
$566M
| $3.4M | ﹤0.01% |
43,062
+1,583
| +4% | +$121K |
|
2395
OneSpan
OSPN
$588M
| $3.39M | ﹤0.01% |
281,577
+10,210
| +4% | +$131K |
|
2396
American Coastal Insurance
ACIC
$524M
| $3.38M | ﹤0.01% |
207,376
-66,090
| -24% | -$1.05M |
|
|
PCSB
2397
DELISTED
PCSB Financial Corporation
PCSB
| $3.38M | ﹤0.01% |
178,991
+2,696
| +2% | +$46.9K |
|
2398
NRC Health Common Stock
NRC
$443M
| $3.37M | ﹤0.01% |
89,505
+16,424
| +22% | +$516K |
|
2399
Team
TISI
$79.6M
| $3.37M | ﹤0.01% |
25,279
+482
| +2% | +$73.6K |
|
|
TPIC
2400
DELISTED
TPI Composites
TPIC
| $3.37M | ﹤0.01% |
150,990
+3,275
| +2% | +$65.5K |
|
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.