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 | |
|---|---|---|---|---|---|---|
801
Burlington
BURL
$23.4B
| $23.2M | 0.01% |
453,848
+12,980
| +3% | +$693K |
|
802
Lincoln Electric
LECO
$15.1B
| $23.1M | 0.01% |
441,447
-56,530
| -11% | -$3.31M |
|
|
EGN
803
DELISTED
Energen
EGN
| $23.1M | 0.01% |
464,196
+18,176
| +4% | +$980K |
|
804
Vail Resorts
MTN
$5.21B
| $23.1M | 0.01% |
220,925
+5,198
| +2% | +$562K |
|
|
BWLD
805
DELISTED
Buffalo Wild Wings, Inc.
BWLD
| $23.1M | 0.01% |
119,330
+1,404
| +1% | +$263K |
|
|
BMS
806
DELISTED
Bemis
BMS
| $22.9M | 0.01% |
579,566
+14,006
| +2% | +$615K |
|
|
VR
807
DELISTED
Validus Hold Ltd
VR
| $22.9M | 0.01% |
508,697
+884
| +0.2% | +$39.9K |
|
|
AWH
808
DELISTED
Allied World Assurance Co Hld Lt
AWH
| $22.9M | 0.01% |
599,551
-5,676
| -0.9% | -$235K |
|
809
Ultragenyx Pharmaceutical
RARE
$2.64B
| $22.9M | 0.01% |
237,439
+48,140
| +25% | +$5.51M |
|
810
Teradyne
TER
$57.1B
| $22.8M | 0.01% |
1,268,667
+38,336
| +3% | +$707K |
|
|
EV
811
DELISTED
Eaton Vance Corp.
EV
| $22.8M | 0.01% |
683,352
+42,562
| +7% | +$1.57M |
|
|
FNFG
812
DELISTED
FIRST NIAGARA FINANCIAL GROUP INC
FNFG
| $22.8M | 0.01% |
2,234,833
+39,201
| +2% | +$372K |
|
|
BERY
813
DELISTED
Berry Global Group, Inc.
BERY
| $22.8M | 0.01% |
825,984
-53,719
| -6% | -$1.55M |
|
|
ALR
814
DELISTED
Alere Inc
ALR
| $22.8M | 0.01% |
473,557
+26,938
| +6% | +$1.4M |
|
|
SIX
815
DELISTED
Six Flags Entertainment Corp.
SIX
| $22.7M | 0.01% |
496,545
+15,060
| +3% | +$688K |
|
816
NCR Voyix
VYX
$1.09B
| $22.7M | 0.01% |
1,627,954
+29,100
| +2% | +$485K |
|
|
WCG
817
DELISTED
Wellcare Health Plans, Inc.
WCG
| $22.7M | 0.01% |
263,101
+2,829
| +1% | +$248K |
|
|
CBI
818
DELISTED
Chicago Bridge & Iron Nv
CBI
| $22.7M | 0.01% |
571,973
+15,590
| +3% | +$722K |
|
|
THOR
819
DELISTED
THORATEC CORPORATION
THOR
| $22.6M | 0.01% |
356,995
-104,466
| -23% | -$6.21M |
|
|
VVC
820
DELISTED
Vectren Corporation
VVC
| $22.6M | 0.01% |
537,102
-9,004
| -2% | -$366K |
|
821
CNO Financial Group
CNO
$5.12B
| $22.5M | 0.01% |
1,198,566
+4,975
| +0.4% | +$90.3K |
|
822
Curtiss-Wright
CW
$25.6B
| $22.5M | 0.01% |
361,016
+13,165
| +4% | +$886K |
|
|
CPHD
823
DELISTED
Cepheid Inc
CPHD
| $22.5M | 0.01% |
498,387
+15,232
| +3% | +$813K |
|
824
Sabre
SABR
$835M
| $22.4M | 0.01% |
825,644
+153,666
| +23% | +$4.16M |
|
825
Tanger
SKT
$4.44B
| $22.4M | 0.01% |
680,471
+15,297
| +2% | +$498K |
|
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.