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 | |
|---|---|---|---|---|---|---|
|
DXYN
3151
DELISTED
Dixie Group Inc
DXYN
| $516K | ﹤0.01% |
61,788
+4,929
| +9% | +$50.7K |
|
|
CLCT
3152
DELISTED
Collectors Universe
CLCT
| $516K | ﹤0.01% |
34,260
-1,145
| -3% | -$21.3K |
|
|
PCTI
3153
DELISTED
PCTEL, Inc. Common Stock
PCTI
| $514K | ﹤0.01% |
85,562
+2,728
| +3% | +$17.2K |
|
|
ISRL
3154
DELISTED
Isramco Inc
ISRL
| $514K | ﹤0.01% |
5,175
+12
| +0.2% | +$1.54K |
|
3155
Lee Enterprises
LEE
$182M
| $513K | ﹤0.01% |
24,692
+1,023
| +4% | +$25.2K |
|
3156
Energy Recovery
ERII
$397M
| $512K | ﹤0.01% |
239,352
+236
| +0.1% | +$611 |
|
|
ICBK
3157
DELISTED
County Bancorp, Inc. Common Stock
ICBK
| $510K | ﹤0.01% |
+26,661
| New | +$495K |
|
3158
Colliers International
CIGI
$5.15B
| $509K | ﹤0.01% |
+12,549
| New | +$538K |
|
|
GNBC
3159
DELISTED
Green Bancorp, Inc
GNBC
| $509K | ﹤0.01% |
44,429
+12,159
| +38% | +$157K |
|
|
IVAC
3160
DELISTED
Intevac Inc
IVAC
| $508K | ﹤0.01% |
110,544
+5,051
| +5% | +$25.6K |
|
3161
Home Bancorp
HBCP
$567M
| $506K | ﹤0.01% |
19,617
+56
| +0.3% | +$1.39K |
|
3162
Energy Focus
EFOI
$19.2M
| $505K | ﹤0.01% |
+1,224
| New | +$613K |
|
|
FFWM
3163
DELISTED
First Foundation Inc
FFWM
| $504K | ﹤0.01% |
+44,352
| New | +$477K |
|
|
MATR
3164
DELISTED
Mattersight Corp.
MATR
| $503K | ﹤0.01% |
65,320
+10,282
| +19% | +$68.1K |
|
|
AMRS
3165
DELISTED
Amyris Inc.
AMRS
| $502K | ﹤0.01% |
16,658
+1,392
| +9% | +$36.3K |
|
3166
Research Frontiers
REFR
$16.8M
| $500K | ﹤0.01% |
98,733
+2,782
| +3% | +$14.8K |
|
|
SMED
3167
DELISTED
Sharps Compliance Corp
SMED
| $499K | ﹤0.01% |
56,980
+5,268
| +10% | +$38.1K |
|
3168
Southern Missouri Bancorp
SMBC
$853M
| $497K | ﹤0.01% |
23,806
| – | – |
|
|
ALU
3169
DELISTED
Alcatel-Lucent
ALU
| $497K | ﹤0.01% |
136,406
+4,863
| +4% | +$17K |
|
3170
FIVE9
FIVN
$2.33B
| $496K | ﹤0.01% |
134,178
+39,188
| +41% | +$177K |
|
3171
Descartes Systems
DSGX
$6.65B
| $494K | ﹤0.01% |
27,936
+2,274
| +9% | +$38.6K |
|
|
CXRX
3172
DELISTED
Concordia International Corp. Common Stock
CXRX
| $494K | ﹤0.01% |
+11,615
| New | +$860K |
|
|
BETR
3173
DELISTED
Amplify Snack Brands, Inc.
BETR
| $493K | ﹤0.01% |
+46,068
| New | +$603K |
|
|
POT
3174
DELISTED
Potash Corp Of Saskatchewan
POT
| $488K | ﹤0.01% |
23,792
+2,848
| +14% | +$74.7K |
|
3175
Oil-Dri
ODC
$1.28B
| $487K | ﹤0.01% |
42,566
| – | – |
|
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.