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 | |
|---|---|---|---|---|---|---|
|
CVA
1126
DELISTED
Covanta Holding Corporation
CVA
| $13.5M | 0.01% |
773,772
+16,124
| +2% | +$319K |
|
1127
Wolverine World Wide
WWW
$1.49B
| $13.5M | 0.01% |
623,104
+7,225
| +1% | +$197K |
|
1128
Clean Harbors
CLH
$16.4B
| $13.5M | 0.01% |
306,555
+6,904
| +2% | +$343K |
|
|
PDCE
1129
DELISTED
PDC Energy, Inc.
PDCE
| $13.5M | 0.01% |
253,993
+7,319
| +3% | +$375K |
|
|
NSR
1130
DELISTED
Neustar Inc
NSR
| $13.4M | 0.01% |
493,804
-534
| -0.1% | -$15.1K |
|
1131
Littelfuse
LFUS
$11.5B
| $13.4M | 0.01% |
147,069
-1,134
| -0.8% | -$103K |
|
|
TXNM
1132
TXNM Energy Inc
TXNM
$5.91B
| $13.4M | 0.01% |
477,922
+4,823
| +1% | +$126K |
|
1133
Matsons
MATX
$6.11B
| $13.4M | 0.01% |
348,115
+57,519
| +20% | +$2.27M |
|
1134
EastGroup Properties
EGP
$10.8B
| $13.3M | 0.01% |
246,338
-2,818
| -1% | -$159K |
|
|
USG
1135
DELISTED
Usg
USG
| $13.3M | 0.01% |
501,349
+17,695
| +4% | +$519K |
|
|
CAB
1136
DELISTED
Cabela's Inc
CAB
| $13.3M | 0.01% |
292,299
+20,445
| +8% | +$954K |
|
1137
Penske Automotive Group
PAG
$14.2B
| $13.3M | 0.01% |
274,948
+28,957
| +12% | +$1.48M |
|
|
EXPR
1138
DELISTED
Express, Inc.
EXPR
| $13.3M | 0.01% |
37,255
+4,915
| +15% | +$1.85M |
|
|
ESL
1139
DELISTED
Esterline Technologies
ESL
| $13.3M | 0.01% |
185,205
+1,600
| +0.9% | +$136K |
|
1140
FNB Corp
FNB
$6.8B
| $13.3M | 0.01% |
1,026,062
+497
| +0% | +$6.62K |
|
|
PSB
1141
DELISTED
PS Business Parks, Inc.
PSB
| $13.2M | 0.01% |
166,478
+8,951
| +6% | +$676K |
|
|
EFII
1142
DELISTED
Electronics for Imaging
EFII
| $13.2M | 0.01% |
305,342
+4,343
| +1% | +$193K |
|
1143
First Financial Bankshares
FFIN
$4.99B
| $13.2M | 0.01% |
830,018
+8,882
| +1% | +$144K |
|
|
CLNY
1144
DELISTED
Colony Capital, Inc.
CLNY
| $13.2M | 0.01% |
673,106
+22,794
| +4% | +$505K |
|
|
EQY
1145
DELISTED
Equity One
EQY
| $13.1M | 0.01% |
539,797
-110,903
| -17% | -$2.7M |
|
1146
HNI Corp
HNI
$3.57B
| $13.1M | 0.01% |
306,103
-20,410
| -6% | -$973K |
|
1147
Integer Holdings
ITGR
$4.25B
| $13.1M | 0.01% |
254,523
+13,700
| +6% | +$685K |
|
1148
Glacier Bancorp
GBCI
$6.39B
| $13.1M | 0.01% |
495,387
+688
| +0.1% | +$18.9K |
|
|
DFT
1149
DELISTED
DuPont Fabros Technology Inc.
DFT
| $13.1M | 0.01% |
504,888
-2,827
| -0.6% | -$80.3K |
|
1150
First Citizens BancShares
FCNCA
$25.4B
| $13M | 0.01% |
57,659
+2,442
| +4% | +$599K |
|
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.