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 | |
|---|---|---|---|---|---|---|
926
Prosperity Bancshares
PB
$8.87B
| $18.6M | 0.01% |
379,147
+4,723
| +1% | +$249K |
|
|
PAY
927
DELISTED
Verifone Systems Inc
PAY
| $18.6M | 0.01% |
671,308
+47,242
| +8% | +$1.47M |
|
928
First Industrial Realty Trust
FR
$8.37B
| $18.6M | 0.01% |
888,206
+55,953
| +7% | +$1.13M |
|
929
Axalta
AXTA
$7.98B
| $18.6M | 0.01% |
732,762
+224,833
| +44% | +$6.68M |
|
930
Chemed
CHE
$7.1B
| $18.5M | 0.01% |
138,971
-4,401
| -3% | -$616K |
|
931
Dillards
DDS
$10B
| $18.5M | 0.01% |
212,261
+24,698
| +13% | +$2.39M |
|
|
DYAX
932
DELISTED
DYAX CORPORATION
DYAX
| $18.5M | 0.01% |
970,551
-5,643
| -0.6% | -$135K |
|
933
MGIC Investment
MTG
$6.29B
| $18.5M | 0.01% |
1,996,334
+19,898
| +1% | +$211K |
|
934
Fulton Financial
FULT
$4.63B
| $18.5M | 0.01% |
1,525,276
+141,586
| +10% | +$1.78M |
|
|
WLL
935
DELISTED
Whiting Petroleum Corporation
WLL
| $18.4M | 0.01% |
4,013
+110
| +3% | +$680K |
|
936
ITT
ITT
$19.4B
| $18.3M | 0.01% |
548,105
+39,924
| +8% | +$1.48M |
|
|
SYA
937
DELISTED
SYMETRA FINANCIAL CORPORATION COMMON STOCK
SYA
| $18.3M | 0.01% |
577,313
+27,185
| +5% | +$778K |
|
938
CNX Resources
CNX
$5.37B
| $18.3M | 0.01% |
2,240,512
+51,480
| +2% | +$639K |
|
|
BLUE
939
DELISTED
bluebird bio
BLUE
| $18.1M | 0.01% |
16,360
+2,388
| +17% | +$4.35M |
|
940
Myriad Genetics
MYGN
$309M
| $18.1M | 0.01% |
482,658
+26,589
| +6% | +$944K |
|
941
EPR Properties
EPR
$4.59B
| $18M | 0.01% |
349,244
+14,896
| +4% | +$806K |
|
|
HR
942
DELISTED
Healthcare Realty Trust Incorporated
HR
| $18M | 0.01% |
724,680
-3,377
| -0.5% | -$80.4K |
|
|
UIL
943
DELISTED
UIL HOLDINGS
UIL
| $17.8M | 0.01% |
354,437
+18,577
| +6% | +$878K |
|
944
EPAM Systems
EPAM
$5.13B
| $17.8M | 0.01% |
238,616
+38,443
| +19% | +$2.77M |
|
|
HRC
945
DELISTED
HILL-ROM HOLDINGS, INC.
HRC
| $17.8M | 0.01% |
341,557
+7,568
| +2% | +$409K |
|
946
Cognex
CGNX
$10.7B
| $17.7M | 0.01% |
1,032,824
+36,872
| +4% | +$732K |
|
947
American Homes 4 Rent
AMH
$12.3B
| $17.7M | 0.01% |
1,100,430
+33,734
| +3% | +$541K |
|
948
Acadia Pharmaceuticals
ACAD
$5.07B
| $17.7M | 0.01% |
533,790
+14,477
| +3% | +$602K |
|
|
WGL
949
DELISTED
Wgl Holdings
WGL
| $17.6M | 0.01% |
305,248
+7,175
| +2% | +$395K |
|
|
GWR
950
DELISTED
Genesee & Wyoming Inc.
GWR
| $17.6M | 0.01% |
297,733
+9,162
| +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.