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 | |
|---|---|---|---|---|---|---|
|
CMD
1001
DELISTED
Cantel Medical Corporation
CMD
| $16.3M | 0.01% |
287,849
+12,237
| +4% | +$648K |
|
|
XHR
1002
Xenia Hotels & Resorts
XHR
$1.72B
| $16.3M | 0.01% |
934,625
-18,207
| -2% | -$363K |
|
1003
United Bankshares
UBSI
$6.61B
| $16.3M | 0.01% |
428,382
+14,347
| +3% | +$563K |
|
1004
PRA Group
PRAA
$706M
| $16.3M | 0.01% |
307,414
+2,035
| +0.7% | +$118K |
|
1005
Federated Hermes
FHI
$4.7B
| $16.2M | 0.01% |
561,992
+26,327
| +5% | +$843K |
|
|
WPG
1006
DELISTED
Washington Prime Group Inc.
WPG
| $16.2M | 0.01% |
154,771
+4,783
| +3% | +$556K |
|
|
SC
1007
DELISTED
SANTANDER CONSUMER USA HOLDINGS INC
SC
| $16.2M | 0.01% |
795,115
+58,624
| +8% | +$1.35M |
|
1008
Avient
AVNT
$4.17B
| $16.2M | 0.01% |
553,182
+27,639
| +5% | +$934K |
|
1009
Rayonier
RYN
$6.45B
| $16.2M | 0.01% |
809,480
+23,842
| +3% | +$516K |
|
|
BDN
1010
Brandywine Realty Trust
BDN
$534M
| $16.2M | 0.01% |
1,314,346
+10,264
| +0.8% | +$134K |
|
1011
ONE Gas
OGS
$5B
| $16.2M | 0.01% |
357,109
+17,863
| +5% | +$782K |
|
1012
Deckers Outdoor
DECK
$12.8B
| $16.1M | 0.01% |
1,667,400
-4,506
| -0.3% | -$50.3K |
|
|
CBL
1013
DELISTED
CBL& Associates Properties, Inc.
CBL
| $16.1M | 0.01% |
1,170,313
-54,380
| -4% | -$843K |
|
|
MASI
1014
DELISTED
Masimo
MASI
| $16.1M | 0.01% |
416,950
-10,363
| -2% | -$423K |
|
|
NUVA
1015
DELISTED
NuVasive, Inc.
NUVA
| $16M | 0.01% |
332,822
+26,414
| +9% | +$1.37M |
|
1016
Sanmina
SANM
$10.9B
| $16M | 0.01% |
750,729
+8,854
| +1% | +$179K |
|
1017
ScottsMiracle-Gro
SMG
$3.61B
| $16M | 0.01% |
263,345
+7,087
| +3% | +$438K |
|
1018
Kite Realty
KRG
$5.24B
| $16M | 0.01% |
672,058
-4,812
| -0.7% | -$120K |
|
1019
Fair Isaac
FICO
$22.4B
| $16M | 0.01% |
189,213
+3,209
| +2% | +$283K |
|
|
JUNO
1020
DELISTED
Juno Therapeutics, Inc.
JUNO
| $16M | 0.01% |
392,708
+234,761
| +149% | +$10.3M |
|
|
UFS
1021
DELISTED
DOMTAR CORPORATION (New)
UFS
| $15.9M | 0.01% |
444,269
+26,081
| +6% | +$1.03M |
|
|
PRA
1022
DELISTED
ProAssurance
PRA
| $15.8M | 0.01% |
321,975
+6,794
| +2% | +$330K |
|
1023
Selective Insurance
SIGI
$5.6B
| $15.8M | 0.01% |
508,405
+1,221
| +0.2% | +$37.3K |
|
|
IPXL
1024
DELISTED
Impax Laboratories, Inc.
IPXL
| $15.8M | 0.01% |
448,478
-2,193
| -0.5% | -$98.8K |
|
1025
Group 1 Automotive
GPI
$3.17B
| $15.8M | 0.01% |
185,051
+17,851
| +11% | +$1.61M |
|
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.