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 | |
|---|---|---|---|---|---|---|
|
HES
326
DELISTED
Hess
HES
| $97M | 0.06% |
1,941,928
+2,740
| +0.1% | +$157K |
|
327
Henry Schein
HSIC
$9.82B
| $97M | 0.06% |
1,866,350
+31,543
| +2% | +$1.75M |
|
328
Nucor
NUE
$62.1B
| $95.8M | 0.06% |
2,555,996
+34,954
| +1% | +$1.5M |
|
|
CAM
329
DELISTED
CAMERON INTERNATIONAL CORPORATION
CAM
| $95.3M | 0.06% |
1,556,760
-78,308
| -5% | -$4.32M |
|
330
CarMax
KMX
$8.26B
| $95.1M | 0.06% |
1,605,682
+526
| +0% | +$33K |
|
331
J.M. Smucker
SJM
$12.8B
| $95M | 0.06% |
834,012
+43,814
| +6% | +$4.89M |
|
332
Xerox
XRX
$425M
| $94.5M | 0.06% |
3,692,754
+1,897
| +0.1% | +$52.6K |
|
333
Harley-Davidson
HOG
$2.71B
| $94M | 0.06% |
1,715,807
+90,558
| +6% | +$5.11M |
|
334
Vulcan Materials
VMC
$36.9B
| $93.7M | 0.06% |
1,053,015
+13,513
| +1% | +$1.26M |
|
335
Universal Health Services
UHS
$10.5B
| $93.1M | 0.06% |
747,273
-261
| -0% | -$36.3K |
|
|
WFM
336
DELISTED
Whole Foods Market Inc
WFM
| $92.7M | 0.06% |
2,933,120
+58,851
| +2% | +$2.08M |
|
337
Labcorp
LH
$25.9B
| $92.7M | 0.06% |
996,122
+4,034
| +0.4% | +$417K |
|
338
Tractor Supply
TSCO
$18B
| $92.6M | 0.06% |
5,500,310
+59,330
| +1% | +$1.06M |
|
|
CTXS
339
DELISTED
Citrix Systems Inc
CTXS
| $92.4M | 0.06% |
1,677,725
-9,088
| -0.5% | -$517K |
|
|
SNDK
340
DELISTED
SANDISK CORP
SNDK
| $92.4M | 0.06% |
1,703,099
-24,499
| -1% | -$1.35M |
|
341
Whirlpool
WHR
$2.82B
| $92M | 0.06% |
625,941
+3,871
| +0.6% | +$655K |
|
342
Equifax
EFX
$21.4B
| $91.5M | 0.06% |
943,002
+6,464
| +0.7% | +$642K |
|
|
XLNX
343
DELISTED
Xilinx Inc
XLNX
| $91.4M | 0.06% |
2,159,779
-76,038
| -3% | -$3.2M |
|
344
NetApp
NTAP
$37.2B
| $90.7M | 0.06% |
3,070,026
+69,449
| +2% | +$2.14M |
|
345
Motorola Solutions
MSI
$77.4B
| $90.4M | 0.05% |
1,325,034
-206,908
| -14% | -$13M |
|
|
HBI
346
DELISTED
Hanesbrands
HBI
| $90.1M | 0.05% |
3,120,882
+32,631
| +1% | +$1.01M |
|
347
KeyCorp
KEY
$24.4B
| $90M | 0.05% |
6,927,708
-17,574
| -0.3% | -$250K |
|
348
Mohawk Industries
MHK
$9.22B
| $89.5M | 0.05% |
493,491
+12,051
| +3% | +$2.39M |
|
|
JNPR
349
DELISTED
Juniper Networks
JNPR
| $89.5M | 0.05% |
3,485,508
+393,455
| +13% | +$10.4M |
|
350
Kohl's
KSS
$2.19B
| $88.7M | 0.05% |
1,917,475
+53,079
| +3% | +$2.99M |
|
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.