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 | |
|---|---|---|---|---|---|---|
1051
NorthWestern Energy
NWE
$4.35B
| $15.2M | 0.01% |
283,199
+2,327
| +0.8% | +$121K |
|
|
HZNP
1052
DELISTED
Horizon Therapeutics Public Limited Company Ordinary Shares
HZNP
| $15.2M | 0.01% |
769,089
+4,398
| +0.6% | +$139K |
|
1053
Take-Two Interactive
TTWO
$46.8B
| $15.2M | 0.01% |
528,190
+10,968
| +2% | +$326K |
|
|
CYBX
1054
DELISTED
CYBERONICS INC
CYBX
| $15.2M | 0.01% |
249,390
+2,899
| +1% | +$182K |
|
1055
Graham Holdings Company
GHC
$4.97B
| $15.1M | 0.01% |
26,230
-16,318
| -38% | -$10.8M |
|
1056
COPT Defense Properties
CDP
$4.13B
| $15M | 0.01% |
715,353
-1,920
| -0.3% | -$43.4K |
|
|
CTLT
1057
DELISTED
CATALENT, INC.
CTLT
| $15M | 0.01% |
617,178
+16,323
| +3% | +$496K |
|
1058
Texas Capital Bancshares
TCBI
$4.36B
| $15M | 0.01% |
285,400
+3,556
| +1% | +$199K |
|
1059
Murphy USA
MUSA
$10B
| $15M | 0.01% |
272,178
-30,768
| -10% | -$1.64M |
|
1060
Targa Resources
TRGP
$56.9B
| $14.9M | 0.01% |
290,005
+11,312
| +4% | +$828K |
|
1061
Regal Rexnord
RRX
$11.5B
| $14.9M | 0.01% |
263,898
+10,729
| +4% | +$718K |
|
1062
Lithia Motors
LAD
$8.32B
| $14.9M | 0.01% |
137,617
+4,750
| +4% | +$533K |
|
1063
Credit Acceptance
CACC
$5.94B
| $14.9M | 0.01% |
75,462
+6,649
| +10% | +$1.46M |
|
|
FNGN
1064
DELISTED
Financial Engines, Inc.
FNGN
| $14.8M | 0.01% |
502,543
+33,467
| +7% | +$1.25M |
|
|
SWI
1065
DELISTED
SOLARWINDS INC COM STK (DE)
SWI
| $14.8M | 0.01% |
377,201
+8,510
| +2% | +$350K |
|
|
MDSO
1066
DELISTED
Medidata Solutions, Inc.
MDSO
| $14.8M | 0.01% |
351,425
+4,592
| +1% | +$233K |
|
1067
Compass Minerals
CMP
$1.13B
| $14.8M | 0.01% |
188,651
+3,110
| +2% | +$255K |
|
|
CST
1068
DELISTED
CST Brands, Inc.
CST
| $14.8M | 0.01% |
439,168
+10,716
| +3% | +$388K |
|
1069
Dycom Industries
DY
$12.1B
| $14.8M | 0.01% |
203,998
+2,873
| +1% | +$199K |
|
|
TIME
1070
DELISTED
Time Inc.
TIME
| $14.7M | 0.01% |
771,130
+51,231
| +7% | +$1.08M |
|
1071
Crane NXT
CXT
$2.95B
| $14.7M | 0.01% |
906,658
+68,463
| +8% | +$1.26M |
|
|
CLC
1072
DELISTED
Clarcor
CLC
| $14.7M | 0.01% |
307,480
+13,992
| +5% | +$792K |
|
1073
Hancock Whitney
HWC
$6.28B
| $14.7M | 0.01% |
541,674
+5,132
| +1% | +$146K |
|
|
ALE
1074
DELISTED
Allete
ALE
| $14.6M | 0.01% |
289,488
+13,708
| +5% | +$665K |
|
1075
Urban Edge Properties
UE
$2.73B
| $14.6M | 0.01% |
676,627
-3,460
| -0.5% | -$74K |
|
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.