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 | |
|---|---|---|---|---|---|---|
|
UMPQ
726
DELISTED
Umpqua Holdings Corp
UMPQ
| $27.2M | 0.02% |
1,667,739
+29,568
| +2% | +$509K |
|
|
CIM
727
Chimera Investment
CIM
$980M
| $27.1M | 0.02% |
676,701
+51,407
| +8% | +$2.17M |
|
728
Fossil Group
FOSL
$317M
| $27.1M | 0.02% |
485,969
+79,920
| +20% | +$5.07M |
|
729
RLJ Lodging Trust
RLJ
$1.67B
| $27M | 0.02% |
1,067,211
+292,108
| +38% | +$8.42M |
|
730
Assured Guaranty
AGO
$3.34B
| $26.8M | 0.02% |
1,073,878
-123,214
| -10% | -$3.1M |
|
731
White Mountains Insurance
WTM
$5.04B
| $26.8M | 0.02% |
35,877
+783
| +2% | +$563K |
|
|
PACW
732
DELISTED
PacWest Bancorp
PACW
| $26.8M | 0.02% |
625,028
+41,317
| +7% | +$1.85M |
|
|
MNDT
733
DELISTED
Mandiant, Inc. Common Stock
MNDT
| $26.7M | 0.02% |
839,802
+573,266
| +215% | +$23.9M |
|
734
O-I Glass
OI
$1.08B
| $26.7M | 0.02% |
1,289,745
+19,943
| +2% | +$424K |
|
|
HUB.B
735
DELISTED
HUBBELL INC CL-B
HUB.B
| $26.7M | 0.02% |
314,094
+7,495
| +2% | +$749K |
|
|
TECD
736
DELISTED
Tech Data Corp
TECD
| $26.6M | 0.02% |
388,938
+94,170
| +32% | +$5.77M |
|
737
Trimble
TRMB
$13.6B
| $26.6M | 0.02% |
1,622,537
+50,391
| +3% | +$1.02M |
|
738
Cracker Barrel
CBRL
$1.25B
| $26.6M | 0.02% |
180,528
+1,731
| +1% | +$259K |
|
|
IM
739
DELISTED
Ingram Micro
IM
| $26.6M | 0.02% |
976,026
+79,680
| +9% | +$2.07M |
|
|
NUAN
740
DELISTED
Nuance Communications, Inc.
NUAN
| $26.5M | 0.02% |
1,868,304
+43,926
| +2% | +$657K |
|
741
Diamondback Energy
FANG
$55.7B
| $26.4M | 0.02% |
408,157
+25,743
| +7% | +$1.75M |
|
|
IMS
742
DELISTED
IMS HEALTH HLDGS INC COM STK (DE)
IMS
| $26.3M | 0.02% |
904,506
+247,200
| +38% | +$7.59M |
|
743
Lennox International
LII
$14.6B
| $26.3M | 0.02% |
232,210
+11,701
| +5% | +$1.37M |
|
|
ISBC
744
DELISTED
Investors Bancorp, Inc.
ISBC
| $26.3M | 0.02% |
2,131,363
+16,820
| +0.8% | +$204K |
|
745
Highwoods Properties
HIW
$3.41B
| $26.3M | 0.02% |
678,228
-5,514
| -0.8% | -$222K |
|
|
WOOF
746
DELISTED
VCA Inc.
WOOF
| $26.1M | 0.02% |
496,569
+6,409
| +1% | +$359K |
|
747
Flowers Foods
FLO
$1.51B
| $26.1M | 0.02% |
1,055,031
+38,552
| +4% | +$875K |
|
748
Sun Communities
SUI
$14.4B
| $26.1M | 0.02% |
384,494
+2,139
| +0.6% | +$143K |
|
|
ENH
749
DELISTED
Endurance Specialty Holdings Ltd
ENH
| $26.1M | 0.02% |
426,896
+99,325
| +30% | +$6.48M |
|
|
EQC
750
DELISTED
Equity Commonwealth
EQC
| $26M | 0.02% |
954,878
+6,240
| +0.7% | +$165K |
|
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.