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 | |
|---|---|---|---|---|---|---|
1026
Cheesecake Factory
CAKE
$5.63B
| $15.7M | 0.01% |
291,845
+3,255
| +1% | +$179K |
|
1027
DigitalBridge
DBRG
$2.95B
| $15.7M | 0.01% |
274,110
+9,539
| +4% | +$669K |
|
|
HMHC
1028
DELISTED
Houghton Mifflin Harcourt Company
HMHC
| $15.7M | 0.01% |
772,432
+12,054
| +2% | +$288K |
|
1029
Watsco Inc
WSO
$13.2B
| $15.7M | 0.01% |
132,328
-15,904
| -11% | -$1.98M |
|
|
SCTY
1030
DELISTED
SolarCity Corporation
SCTY
| $15.6M | 0.01% |
365,958
+42,837
| +13% | +$2.15M |
|
1031
Sensient Technologies
SXT
$5.61B
| $15.6M | 0.01% |
253,850
-24,056
| -9% | -$1.58M |
|
1032
Healthcare Services Group
HCSG
$1.44B
| $15.5M | 0.01% |
461,414
+3,460
| +0.8% | +$117K |
|
1033
Opko Health
OPK
$1.04B
| $15.5M | 0.01% |
1,838,613
+459,469
| +33% | +$6.08M |
|
|
MPT
1034
Medical Properties Trust
MPT
$2.4B
| $15.5M | 0.01% |
1,397,176
+136,960
| +11% | +$1.7M |
|
1035
Woodward
WWD
$21.1B
| $15.4M | 0.01% |
378,878
-11,607
| -3% | -$549K |
|
|
AWAY
1036
DELISTED
HOMEAWAY INC COM
AWAY
| $15.4M | 0.01% |
580,722
+58,869
| +11% | +$1.73M |
|
|
RDUS
1037
DELISTED
Radius Health, Inc.
RDUS
| $15.4M | 0.01% |
222,259
+103,529
| +87% | +$7.19M |
|
|
NE
1038
DELISTED
Noble Corporation
NE
| $15.4M | 0.01% |
1,411,894
-522,935
| -27% | -$6.58M |
|
|
PGRE
1039
DELISTED
Paramount Group
PGRE
| $15.4M | 0.01% |
915,173
+66,321
| +8% | +$1.15M |
|
|
ASNA
1040
DELISTED
Ascena Retail Group, Inc.
ASNA
| $15.4M | 0.01% |
55,234
+13,876
| +34% | +$3.62M |
|
1041
Marriott Vacations Worldwide
VAC
$3.95B
| $15.4M | 0.01% |
225,490
-1,842
| -0.8% | -$145K |
|
1042
G-III Apparel Group
GIII
$1.44B
| $15.3M | 0.01% |
248,591
+6,637
| +3% | +$456K |
|
1043
Texas Roadhouse
TXRH
$13.8B
| $15.3M | 0.01% |
411,950
+894
| +0.2% | +$33.8K |
|
|
PTLA
1044
DELISTED
Portola Pharmaceuticals, Inc.
PTLA
| $15.3M | 0.01% |
359,245
+6,597
| +2% | +$318K |
|
|
TCF
1045
DELISTED
TCF Financial Corporation
TCF
| $15.3M | 0.01% |
1,009,606
+40,991
| +4% | +$651K |
|
1046
Ciena
CIEN
$54.8B
| $15.3M | 0.01% |
738,491
+50,801
| +7% | +$1.18M |
|
1047
Prestige Consumer Healthcare
PBH
$2.54B
| $15.3M | 0.01% |
338,162
+11,348
| +3% | +$536K |
|
|
PFPT
1048
DELISTED
Proofpoint, Inc.
PFPT
| $15.3M | 0.01% |
253,130
+32,852
| +15% | +$2.04M |
|
1049
Rollins
ROL
$17.8B
| $15.3M | 0.01% |
1,277,420
+29,842
| +2% | +$377K |
|
1050
United Natural Foods
UNFI
$2.86B
| $15.3M | 0.01% |
314,435
+4,205
| +1% | +$216K |
|
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.