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 | |
|---|---|---|---|---|---|---|
976
MSC Industrial Direct
MSM
$6.77B
| $16.9M | 0.01% |
276,865
-5,144
| -2% | -$351K |
|
|
VRNT
977
DELISTED
Verint Systems
VRNT
| $16.9M | 0.01% |
767,737
+15,949
| +2% | +$441K |
|
|
TRCO
978
DELISTED
TRIBUNE MEDIA COMPANY CLASS A
TRCO
| $16.9M | 0.01% |
473,885
-66,114
| -12% | -$2.94M |
|
979
PBF Energy
PBF
$8.14B
| $16.9M | 0.01% |
597,466
+101,225
| +20% | +$3.07M |
|
980
Zillow
Z
$7.69B
| $16.9M | 0.01% |
+624,816
| New | +$16.3M |
|
981
Bank of Hawaii
BOH
$3.13B
| $16.9M | 0.01% |
265,513
+1,250
| +0.5% | +$81.1K |
|
982
Associated Banc-Corp
ASB
$6.01B
| $16.8M | 0.01% |
936,585
+56,616
| +6% | +$1.08M |
|
983
Acadia Realty Trust
AKR
$2.81B
| $16.8M | 0.01% |
559,518
+13,618
| +2% | +$419K |
|
984
Outfront Media
OUT
$5.3B
| $16.8M | 0.01% |
821,264
+19,755
| +2% | +$464K |
|
|
MDCO
985
DELISTED
Medicines Co
MDCO
| $16.8M | 0.01% |
441,958
+12,737
| +3% | +$447K |
|
986
Leidos
LDOS
$17.7B
| $16.8M | 0.01% |
405,983
+28,439
| +8% | +$1.19M |
|
987
Diamondrock Hospitality Co
DRH
$2.47B
| $16.8M | 0.01% |
1,517,153
-3,838
| -0.3% | -$47.3K |
|
|
JCP
988
DELISTED
J.C. Penney Company, Inc.
JCP
| $16.7M | 0.01% |
1,802,698
-7,305
| -0.4% | -$64.7K |
|
989
Home BancShares
HOMB
$6.24B
| $16.7M | 0.01% |
823,120
+5,576
| +0.7% | +$108K |
|
990
Hawaiian Electric Industries
HE
$2.05B
| $16.6M | 0.01% |
578,867
-76,338
| -12% | -$2.24M |
|
991
Landstar System
LSTR
$6.01B
| $16.6M | 0.01% |
261,531
+2,870
| +1% | +$196K |
|
992
BWX Technologies
BWXT
$15.5B
| $16.6M | 0.01% |
+629,435
| New | +$16.1M |
|
993
Western Alliance Bancorporation
WAL
$8.94B
| $16.6M | 0.01% |
539,728
-443,439
| -45% | -$14.3M |
|
994
IPG Photonics
IPGP
$3.65B
| $16.6M | 0.01% |
218,126
+4,706
| +2% | +$399K |
|
995
Oshkosh
OSK
$9.62B
| $16.6M | 0.01% |
456,030
+10,949
| +2% | +$428K |
|
|
MENT
996
DELISTED
Mentor Graphics Corp
MENT
| $16.5M | 0.01% |
670,078
+44,874
| +7% | +$1.15M |
|
|
RAX
997
DELISTED
Rackspace Hosting Inc
RAX
| $16.5M | 0.01% |
668,380
+16,882
| +3% | +$544K |
|
998
InterDigital
IDCC
$8.83B
| $16.5M | 0.01% |
325,713
-14,783
| -4% | -$763K |
|
999
Wolfspeed
WOLF
$1.6B
| $16.4M | 0.01% |
678,760
+1,239
| +0.2% | +$31.7K |
|
1000
ACI Worldwide
ACIW
$5.27B
| $16.3M | 0.01% |
773,645
+50,046
| +7% | +$1.13M |
|
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.