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 | |
|---|---|---|---|---|---|---|
1226
National Health Investors
NHI
$3.39B
| $11.8M | 0.01% |
205,490
+6,787
| +3% | +$410K |
|
|
EDR
1227
DELISTED
Education Realty Trust Inc
EDR
| $11.8M | 0.01% |
358,275
-1,171
| -0.3% | -$36.4K |
|
|
JOY
1228
DELISTED
Joy Global Inc
JOY
| $11.8M | 0.01% |
791,333
+18,648
| +2% | +$452K |
|
|
MIK
1229
DELISTED
Michaels Stores, Inc
MIK
| $11.8M | 0.01% |
510,465
+173,182
| +51% | +$4.42M |
|
1230
Benchmark Electronics
BHE
$2.92B
| $11.8M | 0.01% |
541,312
+23,594
| +5% | +$504K |
|
1231
La-Z-Boy
LZB
$1.66B
| $11.7M | 0.01% |
442,315
+91,935
| +26% | +$2.44M |
|
|
DBD
1232
DELISTED
Diebold Nixdorf Incorporated
DBD
| $11.7M | 0.01% |
394,154
-1,947
| -0.5% | -$63.3K |
|
|
LNCE
1233
DELISTED
Snyders-Lance, Inc.
LNCE
| $11.7M | 0.01% |
347,742
+2,505
| +0.7% | +$83.8K |
|
|
NTUS
1234
DELISTED
Natus Medical Inc
NTUS
| $11.7M | 0.01% |
296,099
-25,256
| -8% | -$1.07M |
|
1235
Hilltop Holdings
HTH
$2.24B
| $11.6M | 0.01% |
587,667
+10,919
| +2% | +$234K |
|
|
MW
1236
DELISTED
THE MENS WAREHOUSE INC
MW
| $11.6M | 0.01% |
273,413
+3,325
| +1% | +$184K |
|
1237
Columbia Sportswear
COLM
$2.88B
| $11.6M | 0.01% |
197,615
+11,814
| +6% | +$737K |
|
1238
Boston Beer
SAM
$1.85B
| $11.6M | 0.01% |
55,022
+2,245
| +4% | +$496K |
|
1239
Five Below
FIVE
$13B
| $11.6M | 0.01% |
344,945
+9,398
| +3% | +$341K |
|
1240
Agios Pharmaceuticals
AGIO
$1.95B
| $11.6M | 0.01% |
163,634
+84,724
| +107% | +$8.28M |
|
|
SVU
1241
DELISTED
SUPERVALU Inc.
SVU
| $11.5M | 0.01% |
229,787
-27,057
| -11% | -$1.56M |
|
1242
GATX Corp
GATX
$6.27B
| $11.5M | 0.01% |
260,400
+4,014
| +2% | +$199K |
|
1243
Arista Networks
ANET
$250B
| $11.4M | 0.01% |
2,984,528
+2,356,688
| +375% | +$11.2M |
|
|
AEL
1244
DELISTED
American Equity Investment Life Holding Company
AEL
| $11.4M | 0.01% |
489,519
+24,995
| +5% | +$644K |
|
|
CATM
1245
DELISTED
Cardtronics plc Class A Ordinary Shares (UK)
CATM
| $11.4M | 0.01% |
348,760
+49,361
| +16% | +$1.7M |
|
1246
Huntsman Corp
HUN
$1.83B
| $11.4M | 0.01% |
1,173,370
+55,668
| +5% | +$958K |
|
|
EXAS
1247
DELISTED
Exact Sciences
EXAS
| $11.3M | 0.01% |
630,921
+49,833
| +9% | +$1.14M |
|
1248
Churchill Downs
CHDN
$6.18B
| $11.3M | 0.01% |
508,428
+25,236
| +5% | +$560K |
|
1249
Bruker
BRKR
$8.69B
| $11.3M | 0.01% |
687,612
+23,626
| +4% | +$459K |
|
|
CSGS
1250
DELISTED
CSG Systems International
CSGS
| $11.3M | 0.01% |
366,414
-8,186
| -2% | -$254K |
|
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.