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 | |
|---|---|---|---|---|---|---|
1201
Monolithic Power Systems
MPWR
$68.9B
| $12M | 0.01% |
234,801
+3,437
| +1% | +$170K |
|
1202
Silgan Holdings
SLGN
$4.35B
| $12M | 0.01% |
461,310
-71,960
| -13% | -$1.9M |
|
|
RDC
1203
DELISTED
Rowan Companies Plc
RDC
| $12M | 0.01% |
743,237
+35,969
| +5% | +$627K |
|
1204
Louisiana-Pacific
LPX
$5.28B
| $12M | 0.01% |
842,288
+9,481
| +1% | +$150K |
|
1205
Kennametal
KMT
$2.3B
| $12M | 0.01% |
481,549
+21,911
| +5% | +$655K |
|
|
KLXI
1206
DELISTED
KLX Inc.
KLXI
| $12M | 0.01% |
396,655
-117
| -0% | -$3.88K |
|
|
GCI
1207
DELISTED
Gannett Co., Inc
GCI
| $11.9M | 0.01% |
811,037
+160,032
| +25% | +$2.09M |
|
|
STL
1208
DELISTED
Sterling Bancorp
STL
| $11.9M | 0.01% |
801,953
-21,916
| -3% | -$318K |
|
1209
Entegris
ENTG
$23B
| $11.9M | 0.01% |
903,877
+11,930
| +1% | +$165K |
|
1210
Coty
COTY
$2.48B
| $11.9M | 0.01% |
440,299
+38,466
| +10% | +$1.09M |
|
1211
FTI Consulting
FCN
$4.22B
| $11.9M | 0.01% |
286,976
+8,846
| +3% | +$364K |
|
|
POLY
1212
DELISTED
Plantronics, Inc.
POLY
| $11.9M | 0.01% |
234,169
-14,128
| -6% | -$772K |
|
1213
Horace Mann Educators
HMN
$2.12B
| $11.9M | 0.01% |
358,267
+1,366
| +0.4% | +$47.3K |
|
|
BID
1214
DELISTED
Sotheby's
BID
| $11.9M | 0.01% |
371,502
+13,900
| +4% | +$532K |
|
1215
Belden
BDC
$5.26B
| $11.9M | 0.01% |
254,369
+2,532
| +1% | +$149K |
|
|
FCS
1216
DELISTED
FAIRCHILD SEMICONDUCTOR INTL INC COMMON
FCS
| $11.9M | 0.01% |
844,633
-34,116
| -4% | -$497K |
|
|
COR
1217
DELISTED
Coresite Realty Corporation
COR
| $11.9M | 0.01% |
230,415
+56,484
| +32% | +$2.79M |
|
|
RYL
1218
DELISTED
RYLAND GROUP INC
RYL
| $11.8M | 0.01% |
290,169
+8,772
| +3% | +$391K |
|
1219
Armstrong World Industries
AWI
$7.89B
| $11.8M | 0.01% |
248,136
+3,818
| +2% | +$210K |
|
1220
Empire State Realty Trust
ESRT
$802M
| $11.8M | 0.01% |
695,530
+9,278
| +1% | +$160K |
|
|
JNS
1221
DELISTED
Janus Capital Group Inc
JNS
| $11.8M | 0.01% |
870,945
+9,280
| +1% | +$144K |
|
|
LXK
1222
DELISTED
Lexmark Intl Inc
LXK
| $11.8M | 0.01% |
408,260
+58,812
| +17% | +$1.99M |
|
1223
WisdomTree
WT
$3.33B
| $11.8M | 0.01% |
733,229
+38,402
| +6% | +$808K |
|
1224
BOK Financial
BOKF
$8.75B
| $11.8M | 0.01% |
182,596
+6,774
| +4% | +$440K |
|
1225
Grand Canyon Education
LOPE
$3.76B
| $11.8M | 0.01% |
310,986
+4,291
| +1% | +$172K |
|
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.