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 | |
|---|---|---|---|---|---|---|
|
JOBS
3551
DELISTED
51job Inc
JOBS
| $240K | ﹤0.01% |
8,790
+134
| +2% | +$3.93K |
|
3552
Genasys
GNSS
$77.9M
| $239K | ﹤0.01% |
143,413
| – | – |
|
|
SMC
3553
Summit Midstream
SMC
$480M
| $238K | ﹤0.01% |
+903
| New | +$344K |
|
|
EDGW
3554
DELISTED
Edgewater Technology Inc
EDGW
| $238K | ﹤0.01% |
32,548
| – | – |
|
|
SRSC
3555
DELISTED
SEARS Canada Inc.
SRSC
| $238K | ﹤0.01% |
36,519
+618
| +2% | +$3.7K |
|
3556
Cameco
CCJ
$42.6B
| $237K | ﹤0.01% |
+19,590
| New | +$265K |
|
3557
Frequency Electronics
FEIM
$856M
| $237K | ﹤0.01% |
22,870
+1,165
| +5% | +$12.7K |
|
3558
Sasol
SSL
$7.17B
| $237K | ﹤0.01% |
8,537
-2,124
| -20% | -$68.1K |
|
|
LF
3559
DELISTED
LEAPFROG ENTERPRISES INC.
LF
| $237K | ﹤0.01% |
333,465
-182
| -0.1% | -$190 |
|
|
EPAX
3560
DELISTED
Ambassadors Group Inc
EPAX
| $237K | ﹤0.01% |
87,434
+11,494
| +15% | +$28.7K |
|
3561
Townsquare Media
TSQ
$104M
| $236K | ﹤0.01% |
24,163
+1,280
| +6% | +$15.4K |
|
|
LOJN
3562
DELISTED
LO JACK CORP
LOJN
| $236K | ﹤0.01% |
81,524
-13,761
| -14% | -$46K |
|
3563
Abeona Therapeutics
ABEO
$361M
| $235K | ﹤0.01% |
+2,330
| New | +$309K |
|
|
SUNE
3564
SUNation Energy
SUNE
$10.4M
| – | – |
0
| – | – |
|
|
FOMX
3565
DELISTED
Foamix Pharmaceuticals Ltd. Ordinary Shares
FOMX
| $235K | ﹤0.01% |
32,186
+4,254
| +15% | +$43.4K |
|
|
DWCH
3566
DELISTED
Datawatch Corp
DWCH
| $235K | ﹤0.01% |
40,111
+68
| +0.2% | +$385 |
|
|
CAS
3567
DELISTED
A M Castle & Co
CAS
| $235K | ﹤0.01% |
106,254
| – | – |
|
3568
Galectin Therapeutics
GALT
$356M
| $234K | ﹤0.01% |
100,109
+258
| +0.3% | +$608 |
|
3569
Valhi
VHI
$466M
| $234K | ﹤0.01% |
10,324
+1,643
| +19% | +$67.8K |
|
|
AFH
3570
DELISTED
Atlas Financial Holdings, Inc. Ordinary Shares
AFH
| $234K | ﹤0.01% |
12,650
-1,642
| -11% | -$29.4K |
|
3571
iBio
IBIO
$69.5M
| $233K | ﹤0.01% |
69
| – | – |
|
3572
Vericel Corp
VCEL
$2.28B
| $233K | ﹤0.01% |
86,175
| – | – |
|
|
TI
3573
DELISTED
Telecom Italia
TI
| $233K | ﹤0.01% |
19,031
+2,026
| +12% | +$25.9K |
|
|
CNXR
3574
DELISTED
Connecture, Inc.
CNXR
| $231K | ﹤0.01% |
50,830
+10,447
| +26% | +$82.7K |
|
|
BCV
3575
Bancroft Fund
BCV
$144M
| $230K | ﹤0.01% |
12,325
-11,351
| -48% | -$230K |
|
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.