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 | |
|---|---|---|---|---|---|---|
|
WR
651
DELISTED
Westar Energy Inc
WR
| $32.7M | 0.02% |
849,928
+56,813
| +7% | +$2.1M |
|
652
MSCI
MSCI
$40.9B
| $32.6M | 0.02% |
548,748
-66,926
| -11% | -$4.21M |
|
653
RPM International
RPM
$14.8B
| $32.6M | 0.02% |
778,406
+42,992
| +6% | +$1.96M |
|
654
Packaging Corp of America
PKG
$22.7B
| $32.5M | 0.02% |
540,629
-12,142
| -2% | -$811K |
|
|
LVNTA
655
DELISTED
Liberty Interactive Corporation Series A Liberty Ventures
LVNTA
| $32.4M | 0.02% |
804,179
+33,099
| +4% | +$1.34M |
|
|
OPLN
656
Openlane
OPLN
$4.58B
| $32.4M | 0.02% |
2,409,615
+36,837
| +2% | +$523K |
|
657
Pitney Bowes
PBI
$2.33B
| $32.3M | 0.02% |
1,627,814
+25,869
| +2% | +$531K |
|
658
Transocean
RIG
$6.33B
| $32.2M | 0.02% |
2,497,697
+27,782
| +1% | +$386K |
|
659
RenaissanceRe
RNR
$13.2B
| $32.2M | 0.02% |
303,133
+7,279
| +2% | +$764K |
|
|
FLIR
660
DELISTED
FLIR Systems, Inc. (DE) Common Stock
FLIR
| $32.2M | 0.02% |
1,153,057
+22,156
| +2% | +$654K |
|
661
NVR
NVR
$16.8B
| $32.2M | 0.02% |
21,087
-166
| -0.8% | -$248K |
|
|
CYT
662
DELISTED
CYTEC INDS INC
CYT
| $32.1M | 0.02% |
434,890
+29,045
| +7% | +$2.03M |
|
663
Ryder
R
$9.98B
| $32M | 0.02% |
432,501
+7,019
| +2% | +$599K |
|
|
HME
664
DELISTED
HOME PROPERTIES, INC
HME
| $32M | 0.02% |
427,628
-2,700
| -0.6% | -$200K |
|
|
HOUS
665
DELISTED
Anywhere Real Estate
HOUS
| $31.8M | 0.02% |
846,366
+28,132
| +3% | +$1.23M |
|
666
Murphy Oil
MUR
$5.09B
| $31.8M | 0.02% |
1,315,035
-14,911
| -1% | -$476K |
|
667
Arrow Electronics
ARW
$10.3B
| $31.6M | 0.02% |
571,509
+20,757
| +4% | +$1.15M |
|
|
VMW
668
DELISTED
VMware, Inc
VMW
| $31.5M | 0.02% |
399,715
-56,972
| -12% | -$4.74M |
|
|
SIRO
669
DELISTED
SIRONA DENTAL SYSTEMS INC COM STK
SIRO
| $31.2M | 0.02% |
334,104
+7,417
| +2% | +$736K |
|
670
American Financial Group
AFG
$11.9B
| $31.2M | 0.02% |
452,527
-16,574
| -4% | -$1.15M |
|
671
Hain Celestial
HAIN
$53.4M
| $31.2M | 0.02% |
604,127
+15,934
| +3% | +$1.01M |
|
672
Keysight
KEYS
$57.3B
| $31.1M | 0.02% |
1,009,800
+32,857
| +3% | +$1.02M |
|
|
MFA
673
MFA Financial
MFA
$919M
| $31.1M | 0.02% |
1,140,802
+64,398
| +6% | +$1.89M |
|
674
Teleflex
TFX
$5.89B
| $31M | 0.02% |
249,809
+12,616
| +5% | +$1.69M |
|
|
ATHN
675
DELISTED
Athenahealth, Inc.
ATHN
| $31M | 0.02% |
232,480
+10,265
| +5% | +$1.34M |
|
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.