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 |
AGN
Allergan plc
AGN
|
+$963M |
| 2 |
Kraft Heinz
KHC
|
+$367M |
| 3 |
PayPal
PYPL
|
+$328M |
| 4 |
AT&T
T
|
+$279M |
| 5 |
Monster Beverage
MNST
|
+$175M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
KRFT
KRAFT FOODS GROUP INC COM STK (VA)
KRFT
|
+$394M |
| 2 |
DTV
DIRECTV COM STK (DE)
DTV
|
+$366M |
| 3 |
eBay
EBAY
|
+$327M |
| 4 |
Comcast
CMCSA
|
+$172M |
| 5 |
Baxter International
BAX
|
+$124M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 15.36% |
| 2 | Healthcare | 14.66% |
| 3 | Technology | 14.28% |
| 4 | Industrials | 10.17% |
| 5 | Consumer Discretionary | 9.53% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
CASC
2526
DELISTED
Cascadian Therapeutics, Inc.
CASC
| $1.67M | ﹤0.01% |
101,440
+968
| +1% | +$19.8K |
|
2527
Noodles & Co
NDLS
$102M
| $1.66M | ﹤0.01% |
14,673
+3,789
| +35% | +$413K |
|
2528
Lesaka Technologies
LSAK
$414M
| $1.66M | ﹤0.01% |
98,989
+32,076
| +48% | +$609K |
|
|
TRR
2529
DELISTED
Trc Companies
TRR
| $1.65M | ﹤0.01% |
139,470
+545
| +0.4% | +$5.6K |
|
2530
Camden National
CAC
$995M
| $1.64M | ﹤0.01% |
61,020
+3,502
| +6% | +$93.3K |
|
2531
Digimarc Corp
DMRC
$156M
| $1.64M | ﹤0.01% |
53,786
+2,432
| +5% | +$90.8K |
|
|
BBBY
2532
Bed Bath & Beyond
BBBY
$421M
| $1.64M | ﹤0.01% |
127,079
+9,746
| +8% | +$152K |
|
|
MTEM
2533
DELISTED
Molecular Templates, Inc.
MTEM
| $1.64M | ﹤0.01% |
2,436
+238
| +11% | +$169K |
|
2534
OraSure Technologies
OSUR
$278M
| $1.64M | ﹤0.01% |
368,342
+17,582
| +5% | +$91.8K |
|
2535
Ceco Environmental
CECO
$4.5B
| $1.63M | ﹤0.01% |
198,961
+75,930
| +62% | +$712K |
|
2536
eHealth
EHTH
$39.1M
| $1.63M | ﹤0.01% |
127,236
+8,653
| +7% | +$123K |
|
|
SRNE
2537
DELISTED
Sorrento Therapeutics, Inc.
SRNE
| $1.63M | ﹤0.01% |
193,996
-10,103
| -5% | -$161K |
|
|
AFOP
2538
DELISTED
Alliance Fiber Optic Prod Inc
AFOP
| $1.62M | ﹤0.01% |
94,836
+944
| +1% | +$17.7K |
|
|
CTO
2539
CTO Realty Growth
CTO
$822M
| $1.62M | ﹤0.01% |
119,675
+877
| +0.7% | +$13.2K |
|
|
BDSI
2540
DELISTED
BioDelivery Sciences International, Inc.
BDSI
| $1.61M | ﹤0.01% |
290,605
+29,071
| +11% | +$215K |
|
|
POWR
2541
DELISTED
POWERSECURE INTL INC COM STK (DE)
POWR
| $1.61M | ﹤0.01% |
139,746
+775
| +0.6% | +$10.4K |
|
2542
Natural Gas Services Group
NGS
$473M
| $1.61M | ﹤0.01% |
83,277
+6,250
| +8% | +$128K |
|
|
AUO
2543
DELISTED
AU Optronics Corp
AUO
| $1.6M | ﹤0.01% |
542,532
+145,242
| +37% | +$493K |
|
|
TVRD
2544
Tvardi Therapeutics
TVRD
$22.4M
| $1.6M | ﹤0.01% |
3,119
+1,396
| +81% | +$934K |
|
2545
Ducommun
DCO
$3.01B
| $1.6M | ﹤0.01% |
79,830
+17,349
| +28% | +$405K |
|
|
DS
2546
DELISTED
Drive Shack Inc.
DS
| $1.6M | ﹤0.01% |
364,756
| – | – |
|
2547
Utah Medical Products
UTMD
$230M
| $1.6M | ﹤0.01% |
29,666
+759
| +3% | +$41.4K |
|
2548
Natural Health Trends
NHTC
$15.5M
| $1.6M | ﹤0.01% |
48,869
+46
| +0.1% | +$1.39K |
|
2549
Rayonier Advanced Materials
RYAM
$571M
| $1.59M | ﹤0.01% |
260,150
+4,749
| +2% | +$48.1K |
|
2550
Artivion
AORT
$1.39B
| $1.59M | ﹤0.01% |
163,231
+982
| +0.6% | +$10.3K |
|
Similar funds
Geode Capital Management's Q3 2015 Portfolio in Review
As of Q3 2015, Geode Capital Management held 4,216 positions worth $165B, down 5.9% from $175B the previous quarter. Its ten largest holdings account for 15% of the portfolio.
Geode Capital Management's Q3 2015 filing shows 234 new, 2,897 increased, 624 reduced and 88 closed positions. Its largest new stake was Allergan plc: 3,134,775 shares worth $850M. The largest sale was KRAFT FOODS GROUP INC COM STK (VA), an estimated $394M.
By sector, the portfolio is most concentrated in Financials at 15% of assets, up from 15% a quarter earlier, followed by Healthcare and Technology.
- Geode Capital Management's largest Q3 2015 buy was Allergan plc: 3,134,775 shares worth $850M.
- Geode Capital Management added most to AT&T in Q3 2015, an estimated $279M increase.
- Geode Capital Management's biggest Q3 2015 reduction was eBay, cutting an estimated $327M.
- Geode Capital Management fully exited KRAFT FOODS GROUP INC COM STK (VA) in Q3 2015, selling an estimated $394M.
- Geode Capital Management's ten largest holdings make up 15% of its $165B portfolio in Q3 2015.
- Geode Capital Management opened 234 new positions and closed 88 in Q3 2015.
- Geode Capital Management's portfolio value fell 5.9% quarter-over-quarter to $165B.
Based on Geode Capital Management's 13F filing for Q3 2015, filed 13 Nov 2015.