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 | |
|---|---|---|---|---|---|---|
|
GXP
776
DELISTED
Great Plains Energy Incorporated
GXP
| $24.1M | 0.01% |
892,742
+43,602
| +5% | +$1.12M |
|
|
BIG
777
DELISTED
Big Lots, Inc.
BIG
| $24.1M | 0.01% |
503,234
+37,519
| +8% | +$1.67M |
|
778
Aecom
ACM
$8.55B
| $24.1M | 0.01% |
876,255
+25,537
| +3% | +$741K |
|
|
ABMD
779
DELISTED
Abiomed Inc
ABMD
| $24.1M | 0.01% |
259,513
+22,711
| +10% | +$2M |
|
|
AMSG
780
DELISTED
Amsurg Corp
AMSG
| $24.1M | 0.01% |
309,734
+13,461
| +5% | +$1.04M |
|
|
TMX
781
DELISTED
Terminix Global Holdings, Inc.
TMX
| $24M | 0.01% |
1,068,562
+19,579
| +2% | +$468K |
|
|
PVTB
782
DELISTED
PrivateBancorp Inc
PVTB
| $24M | 0.01% |
626,031
+42,242
| +7% | +$1.67M |
|
783
ON Semiconductor
ON
$31.8B
| $24M | 0.01% |
2,550,643
-23,512
| -0.9% | -$239K |
|
784
Graphic Packaging
GPK
$3.51B
| $23.9M | 0.01% |
1,867,028
-12,152
| -0.6% | -$173K |
|
|
SGEN
785
DELISTED
Seagen Inc. Common Stock
SGEN
| $23.8M | 0.01% |
618,437
+26,625
| +4% | +$1.2M |
|
786
Jack in the Box
JACK
$346M
| $23.8M | 0.01% |
309,215
+948
| +0.3% | +$80.9K |
|
|
LHO
787
DELISTED
LaSalle Hotel Properties
LHO
| $23.8M | 0.01% |
838,550
+10,806
| +1% | +$356K |
|
788
Deluxe
DLX
$1.14B
| $23.8M | 0.01% |
426,305
-156
| -0% | -$9.4K |
|
|
GNC
789
DELISTED
GNC Holdings, Inc.
GNC
| $23.8M | 0.01% |
587,732
+16,613
| +3% | +$757K |
|
790
American Eagle Outfitters
AEO
$2.92B
| $23.7M | 0.01% |
1,515,113
+6,627
| +0.4% | +$113K |
|
791
West Pharmaceutical
WST
$24.6B
| $23.6M | 0.01% |
436,779
+3,988
| +0.9% | +$232K |
|
|
WDR
792
DELISTED
Waddell & Reed Financial, Inc.
WDR
| $23.6M | 0.01% |
678,624
+77,233
| +13% | +$3.19M |
|
|
SRC
793
DELISTED
SPIRIT REALTY CAPITAL, INC.
SRC
| $23.6M | 0.01% |
575,296
+27,105
| +5% | +$1.2M |
|
794
Zebra Technologies
ZBRA
$17.9B
| $23.6M | 0.01% |
307,962
+10,645
| +4% | +$1M |
|
|
PRXL
795
DELISTED
Parexel International Corp
PRXL
| $23.5M | 0.01% |
379,677
+7,106
| +2% | +$478K |
|
796
Euronet Worldwide
EEFT
$2.64B
| $23.5M | 0.01% |
316,814
+4,752
| +2% | +$318K |
|
797
Brinker International
EAT
$9.83B
| $23.5M | 0.01% |
445,435
-4,204
| -0.9% | -$234K |
|
|
P
798
DELISTED
Pandora Media Inc
P
| $23.3M | 0.01% |
1,093,880
+70,722
| +7% | +$1.24M |
|
|
VISN
799
Vistance Networks Inc
VISN
$2.66B
| $23.3M | 0.01% |
774,833
+12,047
| +2% | +$374K |
|
800
Urban Outfitters
URBN
$6.71B
| $23.2M | 0.01% |
791,491
+1,631
| +0.2% | +$52.4K |
|
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.