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 | |
|---|---|---|---|---|---|---|
901
Healthcare Realty
HR
$6.6B
| $19.4M | 0.01% |
792,585
+21,103
| +3% | +$521K |
|
|
CLGX
902
DELISTED
Corelogic, Inc.
CLGX
| $19.4M | 0.01% |
521,807
+19,012
| +4% | +$737K |
|
903
Sally Beauty Holdings
SBH
$1.6B
| $19.4M | 0.01% |
817,593
+78,342
| +11% | +$2.17M |
|
904
Popular Inc
BPOP
$11.1B
| $19.4M | 0.01% |
641,872
+16,288
| +3% | +$487K |
|
905
WEX
WEX
$6.45B
| $19.4M | 0.01% |
223,106
+13,658
| +7% | +$1.36M |
|
906
Ryman Hospitality Properties
RHP
$7.61B
| $19.4M | 0.01% |
393,204
+26,721
| +7% | +$1.43M |
|
|
TRAK
907
DELISTED
DEALERTRACK TECHNOLOGIES, INC. COM STK
TRAK
| $19.2M | 0.01% |
304,322
+5,229
| +2% | +$327K |
|
908
Synaptics
SYNA
$4.19B
| $19.2M | 0.01% |
233,004
+6,145
| +3% | +$464K |
|
|
FMER
909
DELISTED
FIRSTMERIT CORP
FMER
| $19.2M | 0.01% |
1,086,958
+11,873
| +1% | +$223K |
|
|
FEIC
910
DELISTED
FEI COMPANY
FEIC
| $19.2M | 0.01% |
262,836
+1,905
| +0.7% | +$150K |
|
911
SLM Corp
SLM
$5.18B
| $19.2M | 0.01% |
2,593,089
+139,497
| +6% | +$1.23M |
|
|
PNY
912
DELISTED
PIEDMONT NATURAL GAS CO INC(NC
PNY
| $19.2M | 0.01% |
478,491
+4,967
| +1% | +$188K |
|
913
First Horizon
FHN
$12B
| $19.1M | 0.01% |
1,346,931
+1,667
| +0.1% | +$25.2K |
|
914
Royal Gold
RGLD
$19.8B
| $18.9M | 0.01% |
402,429
+10,597
| +3% | +$545K |
|
|
DNY
915
DELISTED
DONNELLEY R R & SONS CO
DNY
| $18.9M | 0.01% |
1,296,486
-13,153
| -1% | -$191K |
|
|
CTB
916
DELISTED
Cooper Tire & Rubber Co.
CTB
| $18.9M | 0.01% |
477,653
+7,639
| +2% | +$278K |
|
|
TGI
917
DELISTED
Triumph Group
TGI
| $18.8M | 0.01% |
447,565
+117,069
| +35% | +$6.27M |
|
918
Allegiant Air
ALGT
$2.43B
| $18.8M | 0.01% |
86,767
+420
| +0.5% | +$88.1K |
|
919
Booz Allen Hamilton
BAH
$9.62B
| $18.8M | 0.01% |
715,567
+2,483
| +0.3% | +$66.3K |
|
920
LPL Financial
LPLA
$29.5B
| $18.7M | 0.01% |
471,111
-69,379
| -13% | -$2.98M |
|
921
Viasat
VSAT
$11.6B
| $18.7M | 0.01% |
290,655
+19,588
| +7% | +$1.2M |
|
|
NATI
922
DELISTED
National Instruments Corp
NATI
| $18.7M | 0.01% |
672,255
+44,362
| +7% | +$1.26M |
|
923
U-Haul Holding Co
UHAL
$14.5B
| $18.6M | 0.01% |
473,890
-26,980
| -5% | -$981K |
|
924
Sprouts Farmers Market
SFM
$7.93B
| $18.6M | 0.01% |
883,577
+40,972
| +5% | +$941K |
|
925
Genworth Financial
GNW
$3.7B
| $18.6M | 0.01% |
4,040,696
+107,446
| +3% | +$632K |
|
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.