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 | |
|---|---|---|---|---|---|---|
1076
Spectrum Brands
SPB
$2.02B
| $14.6M | 0.01% |
159,352
+9,145
| +6% | +$909K |
|
1077
Cousins Properties
CUZ
$4.83B
| $14.6M | 0.01% |
559,702
-263
| -0% | -$7.26K |
|
|
HAPN
1078
Happen Inc
HAPN
$2.22B
| $14.5M | 0.01% |
219,931
+152,937
| +228% | +$10.4M |
|
1079
Cabot Corp
CBT
$4.49B
| $14.5M | 0.01% |
460,767
-12,757
| -3% | -$442K |
|
1080
Adeia
ADEA
$3.06B
| $14.5M | 0.01% |
1,695,549
+16,447
| +1% | +$151K |
|
1081
Energizer
ENR
$1.53B
| $14.5M | 0.01% |
375,510
+19,363
| +5% | +$775K |
|
|
CVG
1082
DELISTED
Convergys
CVG
| $14.5M | 0.01% |
628,515
-4,503
| -0.7% | -$107K |
|
1083
Korn Ferry
KFY
$4.25B
| $14.5M | 0.01% |
438,418
+2,037
| +0.5% | +$69.6K |
|
1084
Telephone and Data Systems
TDS
$3.84B
| $14.5M | 0.01% |
580,407
+22,211
| +4% | +$624K |
|
1085
MKS Inc
MKSI
$19.9B
| $14.4M | 0.01% |
429,895
+29,371
| +7% | +$1.02M |
|
1086
Cathay General Bancorp
CATY
$4.25B
| $14.4M | 0.01% |
480,853
+5,633
| +1% | +$176K |
|
1087
Strategy Inc
MSTR
$37.8B
| $14.4M | 0.01% |
733,090
+105,610
| +17% | +$2.09M |
|
1088
Thor Industries
THO
$4.23B
| $14.4M | 0.01% |
278,026
+15,966
| +6% | +$874K |
|
|
AFSI
1089
DELISTED
AmTrust Financial Services, Inc.
AFSI
| $14.4M | 0.01% |
456,376
+37,646
| +9% | +$1.19M |
|
1090
American States Water
AWR
$3.47B
| $14.4M | 0.01% |
346,955
-1,119
| -0.3% | -$43.2K |
|
1091
KBR
KBR
$4.74B
| $14.3M | 0.01% |
860,744
+22,421
| +3% | +$395K |
|
1092
Nu Skin
NUS
$236M
| $14.3M | 0.01% |
346,603
+7,315
| +2% | +$314K |
|
1093
EnerSys
ENS
$6.79B
| $14.3M | 0.01% |
266,571
+3,249
| +1% | +$187K |
|
1094
Monro
MNRO
$365M
| $14.3M | 0.01% |
211,157
+10,803
| +5% | +$691K |
|
|
PLCM
1095
DELISTED
POLYCOM INC
PLCM
| $14.3M | 0.01% |
1,360,687
-9,725
| -0.7% | -$105K |
|
|
CLR
1096
DELISTED
CONTINENTAL RESOURCES INC.
CLR
| $14.3M | 0.01% |
492,244
+6,027
| +1% | +$196K |
|
|
CIE
1097
DELISTED
Cobalt International Energy, Inc
CIE
| $14.2M | 0.01% |
133,802
+16,920
| +14% | +$2.06M |
|
|
CEB
1098
DELISTED
CEB Inc.
CEB
| $14.2M | 0.01% |
207,360
+10,135
| +5% | +$783K |
|
|
AAN.A
1099
DELISTED
The Aaron's Company Inc Class A
AAN.A
| $14.1M | 0.01% |
390,985
+9,338
| +2% | +$337K |
|
|
MBFI
1100
DELISTED
MB Financial Corp
MBFI
| $14.1M | 0.01% |
431,525
+3,592
| +0.8% | +$120K |
|
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.