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 | |
|---|---|---|---|---|---|---|
|
FARM
2451
DELISTED
Farmer Brothers
FARM
| $3.06M | ﹤0.01% |
93,053
+2,226
| +2% | +$68.9K |
|
|
PGEM
2452
DELISTED
Ply Gem Holdings, Inc.
PGEM
| $3.06M | ﹤0.01% |
179,208
-27,418
| -13% | -$451K |
|
|
TVRD
2453
Tvardi Therapeutics
TVRD
$19.4M
| $3.04M | ﹤0.01% |
6,179
+102
| +2% | +$51.1K |
|
|
XBKS
2454
DELISTED
Xenith Bankshares, Inc. Common Stock
XBKS
| $3.04M | ﹤0.01% |
93,597
+24,051
| +35% | +$710K |
|
|
QTNA
2455
DELISTED
Quantenna Communications, Inc. Common Stock
QTNA
| $3.04M | ﹤0.01% |
180,866
+69,768
| +63% | +$1.28M |
|
2456
Lineage Cell Therapeutics
LCTX
$272M
| $3.03M | ﹤0.01% |
1,220,369
+12,378
| +1% | +$30.7K |
|
|
EGC
2457
DELISTED
Energy XXI Gulf Coast, Inc. Common Stock
EGC
| $3.03M | ﹤0.01% |
293,144
+53,129
| +22% | +$783K |
|
|
FBNK
2458
DELISTED
First Connecticut Bancorp, Inc
FBNK
| $3.03M | ﹤0.01% |
113,295
+2,391
| +2% | +$60.6K |
|
2459
Nice
NICE
$5.99B
| $3.03M | ﹤0.01% |
37,223
+1,095
| +3% | +$85.1K |
|
|
ACET
2460
DELISTED
Aceto Corp
ACET
| $3.02M | ﹤0.01% |
269,222
+21,134
| +9% | +$292K |
|
2461
Option Care Health
OPCH
$3.58B
| $3.02M | ﹤0.01% |
274,469
+17,508
| +7% | +$198K |
|
2462
Entravision Communication
EVC
$1.04B
| $3.02M | ﹤0.01% |
529,461
+10,533
| +2% | +$63.5K |
|
2463
Freshpet
FRPT
$2.96B
| $3.02M | ﹤0.01% |
192,670
+14,480
| +8% | +$233K |
|
2464
AXT Inc
AXTI
$4.15B
| $3.01M | ﹤0.01% |
329,275
+21,596
| +7% | +$169K |
|
2465
Covenant Logistics
CVLG
$865M
| $3.01M | ﹤0.01% |
207,572
+2,716
| +1% | +$28.9K |
|
|
WIN
2466
DELISTED
Windstream Holdings Inc
WIN
| $3.01M | ﹤0.01% |
339,817
+4,560
| +1% | +$60.4K |
|
|
DNI
2467
DELISTED
Dividend and Income Fund
DNI
| $3M | ﹤0.01% |
233,166
-7,988
| -3% | -$99.9K |
|
2468
British American Tobacco
BTI
$130B
| $2.99M | ﹤0.01% |
49,767
+16,857
| +51% | +$1.09M |
|
|
RETA
2469
DELISTED
Reata Pharmaceuticals, Inc. Class A Common Stock
RETA
| $2.98M | ﹤0.01% |
96,006
+27,686
| +41% | +$833K |
|
|
TBRG
2470
DELISTED
TruBridge
TBRG
| $2.98M | ﹤0.01% |
100,937
+1,645
| +2% | +$49.3K |
|
|
CLDR
2471
DELISTED
Cloudera, Inc.
CLDR
| $2.98M | ﹤0.01% |
179,393
-13,930
| -7% | -$248K |
|
2472
Global Industrial
GIC
$1.38B
| $2.97M | ﹤0.01% |
112,439
+22,738
| +25% | +$516K |
|
2473
Natural Gas Services Group
NGS
$470M
| $2.97M | ﹤0.01% |
104,559
-1,131
| -1% | -$28K |
|
2474
American Public Education
APEI
$901M
| $2.96M | ﹤0.01% |
140,853
+11,742
| +9% | +$239K |
|
|
REVG
2475
DELISTED
REV Group
REVG
| $2.96M | ﹤0.01% |
103,000
+1,686
| +2% | +$44.3K |
|
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.