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 | |
|---|---|---|---|---|---|---|
|
ADEP
2926
DELISTED
Adept Technology Inc
ADEP
| $827K | ﹤0.01% |
63,832
+1,520
| +2% | +$12.4K |
|
2927
AMES National
ATLO
$281M
| $826K | ﹤0.01% |
36,063
+2,046
| +6% | +$49.1K |
|
|
SZMK
2928
DELISTED
SIZMEK INC COM STK (DE)
SZMK
| $824K | ﹤0.01% |
137,672
+146
| +0.1% | +$990 |
|
|
VTAE
2929
DELISTED
VITAE PHARMACEUTICALS INC COMMON STOCK
VTAE
| $823K | ﹤0.01% |
74,837
+623
| +0.8% | +$6.62K |
|
2930
Omega Flex
OFLX
$304M
| $822K | ﹤0.01% |
24,624
+11,043
| +81% | +$375K |
|
|
EARN
2931
Ellington Residential Mortgage REIT
EARN
$163M
| $821K | ﹤0.01% |
67,677
| – | – |
|
|
FMSA
2932
DELISTED
Fairmount Santrol Holdings Inc.
FMSA
| $819K | ﹤0.01% |
303,556
+104,586
| +53% | +$552K |
|
|
CSLT
2933
DELISTED
CASTLIGHT HEALTH, INC.
CSLT
| $818K | ﹤0.01% |
194,961
+96,677
| +98% | +$610K |
|
2934
Assembly Biosciences
ASMB
$536M
| $817K | ﹤0.01% |
7,128
+243
| +4% | +$42.7K |
|
2935
Johnson Outdoors
JOUT
$499M
| $817K | ﹤0.01% |
38,754
+1,137
| +3% | +$26.1K |
|
2936
Teladoc Health
TDOC
$1.22B
| $817K | ﹤0.01% |
+36,687
| New | +$991K |
|
|
IMH
2937
DELISTED
Impac Mortgage Holdings Inc.
IMH
| $816K | ﹤0.01% |
49,912
+1,767
| +4% | +$32.3K |
|
2938
Vishay Precision Group
VPG
$934M
| $813K | ﹤0.01% |
70,210
+1,223
| +2% | +$15.5K |
|
|
CYTR
2939
DELISTED
CytRx Corp
CYTR
| $813K | ﹤0.01% |
57,203
+10,573
| +23% | +$179K |
|
|
DRNA
2940
DELISTED
Dicerna Pharmaceuticals, Inc.
DRNA
| $807K | ﹤0.01% |
98,388
+4,859
| +5% | +$56.1K |
|
2941
Theriva Biologics
TOVX
$11M
| $806K | ﹤0.01% |
41
+8
| +24% | +$197K |
|
|
SINA
2942
DELISTED
Sina Corp
SINA
| $805K | ﹤0.01% |
20,075
+345
| +2% | +$13.9K |
|
2943
Cytosorbents Corp
CTSO
$23.3M
| $804K | ﹤0.01% |
127,546
+202
| +0.2% | +$1.35K |
|
2944
Evolent Health
EVH
$471M
| $804K | ﹤0.01% |
+50,405
| New | +$983K |
|
|
AGTC
2945
DELISTED
Applied Genetic Technologies Corporation
AGTC
| $803K | ﹤0.01% |
61,179
+14,030
| +30% | +$233K |
|
2946
Core Molding Technologies
CMT
$224M
| $802K | ﹤0.01% |
43,477
+1,726
| +4% | +$34.2K |
|
|
CHMA
2947
DELISTED
Chiasma, Inc. Common Stock
CHMA
| $802K | ﹤0.01% |
+40,385
| New | +$1M |
|
|
EVDY
2948
DELISTED
Everyday Health, Inc.
EVDY
| $801K | ﹤0.01% |
87,685
+38,627
| +79% | +$423K |
|
|
MCF
2949
DELISTED
Contango Oil & Gas Co.
MCF
| $801K | ﹤0.01% |
105,484
+1,250
| +1% | +$11.6K |
|
2950
Northrim BanCorp
NRIM
$599M
| $798K | ﹤0.01% |
110,400
-4,644
| -4% | -$31K |
|
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.