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 | |
|---|---|---|---|---|---|---|
|
CVSA
1176
Covista Inc
CVSA
$4.31B
| $12.3M | 0.01% |
453,215
-66,887
| -13% | -$1.9M |
|
1177
RLI Corp
RLI
$5.87B
| $12.3M | 0.01% |
460,750
+5,514
| +1% | +$149K |
|
1178
Spire
SR
$4.87B
| $12.3M | 0.01% |
225,904
-39,596
| -15% | -$2.11M |
|
|
SUNE
1179
DELISTED
SUNEDISON, INC COM
SUNE
| $12.3M | 0.01% |
1,716,534
+135,664
| +9% | +$2.43M |
|
|
CHMT
1180
DELISTED
Chemtura Corporation
CHMT
| $12.3M | 0.01% |
429,925
+12,087
| +3% | +$331K |
|
1181
Methode Electronics
MEI
$595M
| $12.3M | 0.01% |
385,393
-12,839
| -3% | -$362K |
|
|
LTC
1182
LTC Properties
LTC
$2.05B
| $12.3M | 0.01% |
287,996
+6,389
| +2% | +$271K |
|
1183
Minerals Technologies
MTX
$2.3B
| $12.3M | 0.01% |
254,942
-12,874
| -5% | -$743K |
|
1184
Black Hills Corp
BKH
$5.59B
| $12.3M | 0.01% |
296,605
+24,666
| +9% | +$1.01M |
|
|
QEP
1185
DELISTED
QEP RESOURCES, INC.
QEP
| $12.3M | 0.01% |
977,893
+102,643
| +12% | +$1.42M |
|
1186
SouthState Bank Corp
SSB
$10.7B
| $12.3M | 0.01% |
159,367
+2,250
| +1% | +$172K |
|
1187
Avista
AVA
$3.22B
| $12.2M | 0.01% |
368,318
+18,587
| +5% | +$594K |
|
1188
Designer Brands
DBI
$321M
| $12.2M | 0.01% |
483,375
+32,988
| +7% | +$1.03M |
|
|
VRE
1189
DELISTED
Veris Residential
VRE
| $12.2M | 0.01% |
647,885
+5,063
| +0.8% | +$99.6K |
|
|
CADE
1190
DELISTED
Cadence Bank
CADE
| $12.2M | 0.01% |
514,013
+5,219
| +1% | +$129K |
|
|
PNK
1191
DELISTED
Pinnacle Entertainment Inc.
PNK
| $12.2M | 0.01% |
360,343
+5,980
| +2% | +$226K |
|
|
BCPC
1192
Balchem Corp
BCPC
$5.71B
| $12.1M | 0.01% |
199,733
+5,812
| +3% | +$337K |
|
|
KW
1193
DELISTED
Kennedy-Wilson Holdings
KW
| $12.1M | 0.01% |
547,424
+44,311
| +9% | +$1.09M |
|
|
WCC
1194
WESCO International
WCC
$17.8B
| $12.1M | 0.01% |
261,103
+14,770
| +6% | +$855K |
|
1195
Patterson-UTI
PTEN
$4.22B
| $12.1M | 0.01% |
921,691
+28,017
| +3% | +$444K |
|
|
TPH
1196
DELISTED
Tri Pointe Homes
TPH
| $12.1M | 0.01% |
924,488
+12,899
| +1% | +$187K |
|
1197
Columbia Banking Systems
COLB
$8.97B
| $12.1M | 0.01% |
386,496
+5,564
| +1% | +$176K |
|
|
SNBR
1198
DELISTED
Sleep Number
SNBR
| $12.1M | 0.01% |
550,937
+121,820
| +28% | +$3.11M |
|
1199
Timken Company
TKR
$8.91B
| $12M | 0.01% |
437,630
+10,717
| +3% | +$342K |
|
1200
Manitowoc
MTW
$702M
| $12M | 0.01% |
884,879
+280
| +0% | +$4.32K |
|
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.