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 | |
|---|---|---|---|---|---|---|
|
INFN
951
DELISTED
Infinera Corporation Common Stock
INFN
| $17.6M | 0.01% |
898,735
+93,393
| +12% | +$2.04M |
|
952
The GEO Group
GEO
$4.18B
| $17.6M | 0.01% |
885,944
+7,245
| +0.8% | +$160K |
|
|
AL
953
DELISTED
Air Lease Corp
AL
| $17.5M | 0.01% |
566,340
+25,069
| +5% | +$835K |
|
|
CY
954
DELISTED
Cypress Semiconductor
CY
| $17.5M | 0.01% |
2,052,999
+90,806
| +5% | +$953K |
|
|
S
955
DELISTED
Sprint Corporation
S
| $17.5M | 0.01% |
4,552,314
+17,550
| +0.4% | +$74K |
|
956
Helen of Troy
HELE
$682M
| $17.5M | 0.01% |
195,433
+23,650
| +14% | +$2.12M |
|
|
N
957
DELISTED
Netsuite Inc
N
| $17.4M | 0.01% |
207,811
+9,719
| +5% | +$893K |
|
958
New Jersey Resources
NJR
$5.55B
| $17.4M | 0.01% |
577,826
+16,581
| +3% | +$471K |
|
959
Emcor
EME
$36B
| $17.3M | 0.01% |
391,554
+17,246
| +5% | +$805K |
|
960
Apple Hospitality REIT
APLE
$3.68B
| $17.3M | 0.01% |
+932,638
| New | +$17.1M |
|
|
CNW
961
DELISTED
CON-WAY INC.
CNW
| $17.3M | 0.01% |
363,756
+29,206
| +9% | +$1.14M |
|
|
SF
962
Stifel
SF
$12.7B
| $17.2M | 0.01% |
921,555
+31,572
| +4% | +$715K |
|
963
Charles River Laboratories
CRL
$13.5B
| $17.2M | 0.01% |
271,402
+12,746
| +5% | +$915K |
|
964
World Kinect Corp
WKC
$1.88B
| $17.2M | 0.01% |
479,301
+65,540
| +16% | +$2.73M |
|
965
Southwest Gas
SWX
$6.63B
| $17.1M | 0.01% |
293,489
+15,370
| +6% | +$849K |
|
966
Westlake Corp
WLK
$10.3B
| $17.1M | 0.01% |
329,811
+25,057
| +8% | +$1.46M |
|
|
ICPT
967
DELISTED
Intercept Pharmaceuticals, Inc.
ICPT
| $17.1M | 0.01% |
102,874
+19,375
| +23% | +$4.26M |
|
968
Gaming and Leisure Properties
GLPI
$12.4B
| $17.1M | 0.01% |
574,155
+10,027
| +2% | +$327K |
|
|
HAWK
969
DELISTED
Blackhawk Network Holdings, Inc. Common Stock
HAWK
| $17M | 0.01% |
401,263
+24,469
| +6% | +$1.04M |
|
970
Blackbaud
BLKB
$2.06B
| $17M | 0.01% |
303,078
+12,020
| +4% | +$704K |
|
971
Enovis
ENOV
$1.42B
| $17M | 0.01% |
330,067
+9,505
| +3% | +$631K |
|
972
Bloomin' Brands
BLMN
$952M
| $17M | 0.01% |
934,025
+24,711
| +3% | +$528K |
|
|
VSTO
973
DELISTED
Vista Outdoor Inc.
VSTO
| $16.9M | 0.01% |
381,418
+19,678
| +5% | +$898K |
|
974
Nabors Industries
NBR
$1.3B
| $16.9M | 0.01% |
35,877
+2,087
| +6% | +$1.17M |
|
975
Bio-Rad Laboratories Class A
BIO
$9.53B
| $16.9M | 0.01% |
125,812
+4,577
| +4% | +$659K |
|
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.