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 | |
|---|---|---|---|---|---|---|
1151
Wendy's
WEN
$1.44B
| $13M | 0.01% |
1,505,626
-182,585
| -11% | -$1.77M |
|
1152
Valmont Industries
VMI
$9.52B
| $13M | 0.01% |
136,805
+321
| +0.2% | +$35.1K |
|
|
MDRX
1153
DELISTED
Veradigm Inc. Common Stock
MDRX
| $12.9M | 0.01% |
1,042,141
+37,652
| +4% | +$518K |
|
1154
Papa John's
PZZA
$801M
| $12.9M | 0.01% |
188,541
-1,103
| -0.6% | -$79.5K |
|
1155
Saic
SAIC
$5.3B
| $12.9M | 0.01% |
320,342
-25,976
| -8% | -$1.26M |
|
1156
Baidu
BIDU
$35.9B
| $12.9M | 0.01% |
93,552
+3,246
| +4% | +$535K |
|
|
HPP
1157
Hudson Pacific Properties
HPP
$724M
| $12.8M | 0.01% |
63,749
+747
| +1% | +$155K |
|
1158
B&G Foods
BGS
$277M
| $12.8M | 0.01% |
351,821
+8,391
| +2% | +$264K |
|
|
ACH
1159
Accendra Health
ACH
$96.5M
| $12.8M | 0.01% |
401,246
+11,485
| +3% | +$391K |
|
1160
MillerKnoll
MLKN
$1.62B
| $12.8M | 0.01% |
443,794
+66,651
| +18% | +$1.87M |
|
|
ROIC
1161
DELISTED
Retail Opportunity Investments Corp.
ROIC
| $12.8M | 0.01% |
771,797
+158,897
| +26% | +$2.62M |
|
1162
Blackstone Mortgage Trust
BXMT
$2.47B
| $12.7M | 0.01% |
464,063
-810
| -0.2% | -$23.2K |
|
1163
SM Energy
SM
$7.73B
| $12.7M | 0.01% |
396,185
+6,002
| +2% | +$218K |
|
|
MZTI
1164
The Marzetti Company
MZTI
$3.15B
| $12.7M | 0.01% |
130,122
+4,491
| +4% | +$427K |
|
|
ELME
1165
Elme Communities
ELME
$144M
| $12.6M | 0.01% |
507,366
-2,097
| -0.4% | -$54.1K |
|
1166
Novavax
NVAX
$1.31B
| $12.5M | 0.01% |
88,444
+1,845
| +2% | +$414K |
|
|
HSNI
1167
DELISTED
HSN, Inc.
HSNI
| $12.5M | 0.01% |
218,386
+8,980
| +4% | +$584K |
|
|
NYRT
1168
DELISTED
New York REIT, Inc.
NYRT
| $12.5M | 0.01% |
124,172
+1,273
| +1% | +$128K |
|
1169
OneMain Financial
OMF
$7.32B
| $12.5M | 0.01% |
285,423
+3,696
| +1% | +$173K |
|
1170
Generac Holdings
GNRC
$12.7B
| $12.5M | 0.01% |
414,581
+4,687
| +1% | +$150K |
|
1171
Cirrus Logic
CRUS
$6.11B
| $12.5M | 0.01% |
395,588
+5,185
| +1% | +$159K |
|
1172
Valley National Bancorp
VLY
$8.16B
| $12.5M | 0.01% |
1,265,764
+15,480
| +1% | +$152K |
|
|
ECHO
1173
EchoStar
ECHO
$25.6B
| $12.4M | 0.01% |
356,740
+21,974
| +7% | +$810K |
|
|
SYNT
1174
DELISTED
Syntel Inc
SYNT
| $12.4M | 0.01% |
274,442
+60
| +0% | +$2.63K |
|
|
ABCO
1175
DELISTED
Advisory Board Co
ABCO
| $12.3M | 0.01% |
271,014
-1,864
| -0.7% | -$96.8K |
|
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.