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 | |
|---|---|---|---|---|---|---|
|
GRUB
1251
DELISTED
Just Eat Takeaway.com N.V. American Depositary Shares
GRUB
| $11.3M | 0.01% |
231,701
+151,981
| +191% | +$8.85M |
|
1252
Darling Ingredients
DAR
$9.84B
| $11.3M | 0.01% |
1,002,908
+28,127
| +3% | +$359K |
|
|
ELLI
1253
DELISTED
Ellie Mae Inc
ELLI
| $11.3M | 0.01% |
169,240
+3,606
| +2% | +$266K |
|
|
SEMG
1254
DELISTED
SEMGROUP CORPORATION
SEMG
| $11.2M | 0.01% |
260,166
+3,904
| +2% | +$237K |
|
1255
TFS Financial
TFSL
$4.83B
| $11.2M | 0.01% |
649,827
+12,098
| +2% | +$205K |
|
1256
Northwest Bancshares
NWBI
$2.29B
| $11.2M | 0.01% |
860,267
+115,009
| +15% | +$1.47M |
|
|
OUTR
1257
DELISTED
OUTERWALL INC
OUTR
| $11.2M | 0.01% |
196,414
+3,132
| +2% | +$215K |
|
1258
J&J Snack Foods
JJSF
$1.68B
| $11.2M | 0.01% |
98,335
+1,075
| +1% | +$124K |
|
|
B
1259
DELISTED
Barnes Group Inc.
B
| $11.2M | 0.01% |
309,962
+2,605
| +0.8% | +$99.7K |
|
1260
Axos Financial
AX
$5.68B
| $11.2M | 0.01% |
346,656
+24,420
| +8% | +$730K |
|
1261
Insperity
NSP
$1.94B
| $11.2M | 0.01% |
507,874
+47,618
| +10% | +$1.13M |
|
1262
Cable One
CABO
$192M
| $11.1M | 0.01% |
+26,551
| New | +$11M |
|
1263
Terex
TEX
$7.74B
| $11.1M | 0.01% |
620,361
-2,795
| -0.4% | -$61K |
|
|
SPN
1264
DELISTED
Superior Energy Services, Inc.
SPN
| $11.1M | 0.01% |
87,959
+2,070
| +2% | +$338K |
|
1265
CVB Financial
CVBF
$4.02B
| $11.1M | 0.01% |
664,094
+4,526
| +0.7% | +$77.4K |
|
|
LOGM
1266
DELISTED
LogMein, Inc.
LOGM
| $11M | 0.01% |
161,860
-4,041
| -2% | -$268K |
|
|
NPBC
1267
DELISTED
NATL PENN BANCSHARES INC
NPBC
| $11M | 0.01% |
937,594
-49,920
| -5% | -$574K |
|
1268
CACI
CACI
$14.8B
| $11M | 0.01% |
148,091
+2,041
| +1% | +$163K |
|
1269
Evercore
EVR
$11.7B
| $10.9M | 0.01% |
217,868
-5,404
| -2% | -$296K |
|
1270
Sinclair Inc
SBGI
$989M
| $10.9M | 0.01% |
431,966
-1,620
| -0.4% | -$44.7K |
|
1271
Morningstar
MORN
$7.33B
| $10.9M | 0.01% |
136,193
+5,361
| +4% | +$438K |
|
1272
ICU Medical
ICUI
$4.55B
| $10.9M | 0.01% |
99,630
+134
| +0.1% | +$14.3K |
|
1273
Silicon Laboratories
SLAB
$7.22B
| $10.9M | 0.01% |
261,926
+9,450
| +4% | +$431K |
|
1274
Universal Corp
UVV
$1.15B
| $10.9M | 0.01% |
218,973
+31,503
| +17% | +$1.65M |
|
|
CMRX
1275
DELISTED
Chimerix, Inc.
CMRX
| $10.8M | 0.01% |
283,819
+8,000
| +3% | +$395K |
|
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.