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 | |
|---|---|---|---|---|---|---|
401
CBRE Group
CBRE
$42.9B
| $73M | 0.04% |
2,285,539
+75,470
| +3% | +$2.68M |
|
402
Bunge Global
BG
$20.8B
| $73M | 0.04% |
995,904
+54,925
| +6% | +$4.25M |
|
403
BorgWarner
BWA
$13.9B
| $73M | 0.04% |
1,996,612
+27,754
| +1% | +$1.15M |
|
404
Extra Space Storage
EXR
$31.6B
| $72.8M | 0.04% |
943,783
+100,612
| +12% | +$7.37M |
|
405
L3Harris
LHX
$53.4B
| $71.8M | 0.04% |
983,165
+12,354
| +1% | +$966K |
|
406
Dover
DOV
$28.4B
| $71.7M | 0.04% |
1,555,705
-23,614
| -1% | -$1.2M |
|
407
Affiliated Managers Group
AMG
$9.76B
| $71.3M | 0.04% |
417,639
-907
| -0.2% | -$178K |
|
408
HF Sinclair
DINO
$14.5B
| $71.2M | 0.04% |
1,459,249
-72,323
| -5% | -$3.44M |
|
409
Huntington Bancshares
HBAN
$35.5B
| $70.9M | 0.04% |
6,699,783
+82,612
| +1% | +$922K |
|
|
CSC
410
DELISTED
Computer Sciences
CSC
| $70.8M | 0.04% |
2,743,940
+6,597
| +0.2% | +$178K |
|
411
Federal Realty Investment Trust
FRT
$10.3B
| $70.8M | 0.04% |
519,005
+12,136
| +2% | +$1.62M |
|
|
CTRA
412
DELISTED
Coterra Energy
CTRA
| $70.5M | 0.04% |
3,231,806
+21,275
| +0.7% | +$545K |
|
413
Jefferies Financial Group
JEF
$13.1B
| $69.4M | 0.04% |
3,831,147
+964,951
| +34% | +$19.4M |
|
414
Snap-on
SNA
$21.5B
| $68.6M | 0.04% |
455,193
-5,426
| -1% | -$870K |
|
415
Cintas
CTAS
$81.3B
| $68.4M | 0.04% |
3,197,668
-80,512
| -2% | -$1.73M |
|
|
CXO
416
DELISTED
CONCHO RESOURCES INC.
CXO
| $68.4M | 0.04% |
696,483
+6,415
| +0.9% | +$673K |
|
|
FL
417
DELISTED
Foot Locker
FL
| $68.3M | 0.04% |
949,146
-74,190
| -7% | -$5.28M |
|
418
Travel + Leisure Co
TNL
$4.7B
| $67.9M | 0.04% |
2,095,140
-29,129
| -1% | -$1.05M |
|
419
Verisk Analytics
VRSK
$25B
| $67.7M | 0.04% |
916,791
-76,138
| -8% | -$5.68M |
|
|
LLL
420
DELISTED
L3 Technologies, Inc.
LLL
| $67.7M | 0.04% |
648,813
-4,167
| -0.6% | -$469K |
|
|
TIF
421
DELISTED
Tiffany & Co.
TIF
| $67.7M | 0.04% |
878,021
+10,647
| +1% | +$931K |
|
422
Cincinnati Financial
CINF
$27.1B
| $67.6M | 0.04% |
1,258,850
+33,296
| +3% | +$1.79M |
|
423
Hasbro
HAS
$13.2B
| $67.2M | 0.04% |
933,076
+18,856
| +2% | +$1.46M |
|
424
Hormel Foods
HRL
$13.8B
| $67.1M | 0.04% |
2,123,234
+23,806
| +1% | +$713K |
|
425
PVH
PVH
$4.04B
| $67.1M | 0.04% |
659,219
+7,214
| +1% | +$820K |
|
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.