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 | |
|---|---|---|---|---|---|---|
|
HDS
676
DELISTED
HD Supply Holdings, Inc.
HDS
| $31M | 0.02% |
1,082,512
+178,353
| +20% | +$5.98M |
|
677
Marvell Technology
MRVL
$187B
| $30.7M | 0.02% |
3,399,487
+721,923
| +27% | +$8.23M |
|
678
Tyler Technologies
TYL
$13B
| $30.7M | 0.02% |
205,917
+8,832
| +4% | +$1.24M |
|
679
Brixmor Property Group
BRX
$9.15B
| $30.7M | 0.02% |
1,308,268
+16,461
| +1% | +$392K |
|
680
Service Corp International
SCI
$11.4B
| $30.7M | 0.02% |
1,132,902
+37,025
| +3% | +$1.09M |
|
|
LSI
681
DELISTED
Life Storage, Inc.
LSI
| $30.7M | 0.02% |
487,958
-11,446
| -2% | -$708K |
|
|
CHK
682
DELISTED
Chesapeake Energy Corporation
CHK
| $30.7M | 0.02% |
20,953
+212
| +1% | +$360K |
|
|
ESV
683
DELISTED
Ensco Rowan plc
ESV
| $30.6M | 0.02% |
543,498
+55,065
| +11% | +$3.79M |
|
|
ULTI
684
DELISTED
Ultimate Software Group Inc
ULTI
| $30.4M | 0.02% |
169,592
+6,328
| +4% | +$1.13M |
|
|
VAL
685
DELISTED
Valspar
VAL
| $30.3M | 0.02% |
421,657
+15,437
| +4% | +$1.21M |
|
|
DNB
686
DELISTED
Dun & Bradstreet
DNB
| $30.2M | 0.02% |
288,194
+4,942
| +2% | +$564K |
|
687
Community Health Systems
CYH
$415M
| $30.1M | 0.02% |
850,271
+29,890
| +4% | +$1.37M |
|
|
BEE
688
DELISTED
STRATEGIC HOTELS & RESORTS, INC
BEE
| $30M | 0.02% |
2,175,970
-272,510
| -11% | -$3.7M |
|
689
Edgewell Personal Care
EPC
$1.29B
| $30M | 0.02% |
+367,435
| New | +$33.3M |
|
|
ACC
690
DELISTED
American Campus Communities, Inc.
ACC
| $29.9M | 0.02% |
826,431
+31,638
| +4% | +$1.15M |
|
|
ITC
691
DELISTED
ITC HOLDINGS CORP
ITC
| $29.9M | 0.02% |
896,395
+13,583
| +2% | +$453K |
|
|
BMR
692
DELISTED
BIOMED REALTY TRUST INC
BMR
| $29.6M | 0.02% |
1,483,141
+5,274
| +0.4% | +$105K |
|
693
Douglas Emmett
DEI
$1.93B
| $29.6M | 0.02% |
1,031,758
+9,937
| +1% | +$288K |
|
|
PPLI
694
People Inc
PPLI
$3.03B
| $29.6M | 0.02% |
2,536,510
+35,794
| +1% | +$475K |
|
695
IDEX
IEX
$17.2B
| $29.5M | 0.02% |
414,064
+943
| +0.2% | +$69.5K |
|
696
Trinity Industries
TRN
$2.3B
| $29.5M | 0.02% |
1,805,361
-48,568
| -3% | -$921K |
|
697
Maximus
MMS
$2.9B
| $29.5M | 0.02% |
494,498
-9,189
| -2% | -$584K |
|
698
Ionis Pharmaceuticals
IONS
$9.46B
| $29.3M | 0.02% |
725,380
+16,287
| +2% | +$843K |
|
699
Casey's General Stores
CASY
$31.6B
| $29.1M | 0.02% |
283,213
-13,582
| -5% | -$1.41M |
|
700
Manhattan Associates
MANH
$11.4B
| $29.1M | 0.02% |
467,711
-17,389
| -4% | -$1.08M |
|
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.