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 | |
|---|---|---|---|---|---|---|
1276
Neogen
NEOG
$2.51B
| $10.8M | 0.01% |
642,341
+8,962
| +1% | +$176K |
|
1277
Pinnacle Financial Partners Inc
PNFP
$16B
| $10.8M | 0.01% |
219,196
+2,118
| +1% | +$107K |
|
|
VGR
1278
DELISTED
Vector Group Ltd.
VGR
| $10.8M | 0.01% |
820,074
+10,862
| +1% | +$147K |
|
1279
Super Micro Computer
SMCI
$20.4B
| $10.8M | 0.01% |
3,963,640
+535,470
| +16% | +$1.42M |
|
1280
News Corp Class B
NWS
$17.7B
| $10.8M | 0.01% |
843,963
+673,725
| +396% | +$9.27M |
|
1281
Progress Software
PRGS
$1.77B
| $10.8M | 0.01% |
418,283
-4,796
| -1% | -$136K |
|
|
ZNGA
1282
DELISTED
ZYNGA INC. CL A COMMON
ZNGA
| $10.8M | 0.01% |
4,737,221
+567,249
| +14% | +$1.45M |
|
1283
Zurn Elkay Water Solutions
ZWS
$8.6B
| $10.8M | 0.01% |
1,320,201
+44,032
| +3% | +$439K |
|
1284
Community Bank
CBU
$3.41B
| $10.8M | 0.01% |
289,572
+1,994
| +0.7% | +$74K |
|
1285
Ligand Pharmaceuticals
LGND
$5.76B
| $10.7M | 0.01% |
200,989
+571
| +0.3% | +$34.6K |
|
1286
Mercury Insurance
MCY
$5.86B
| $10.7M | 0.01% |
211,992
+3,763
| +2% | +$202K |
|
|
ESGR
1287
DELISTED
Enstar Group
ESGR
| $10.7M | 0.01% |
71,298
-1,764
| -2% | -$273K |
|
1288
Essent Group
ESNT
$6.08B
| $10.7M | 0.01% |
430,113
+10,772
| +3% | +$296K |
|
1289
Capitol Federal Financial
CFFN
$1.09B
| $10.7M | 0.01% |
880,026
+1,768
| +0.2% | +$21.3K |
|
1290
Universal Insurance Holdings
UVE
$1.19B
| $10.7M | 0.01% |
360,854
-2,518
| -0.7% | -$68K |
|
|
EVER
1291
DELISTED
Everbank Financial Corp
EVER
| $10.6M | 0.01% |
551,468
+5,409
| +1% | +$107K |
|
1292
International Bancshares
IBOC
$4.48B
| $10.6M | 0.01% |
425,147
+13,948
| +3% | +$365K |
|
1293
Integra LifeSciences
IART
$1.35B
| $10.6M | 0.01% |
357,148
-37,947
| -10% | -$1.19M |
|
1294
Dine Brands
DIN
$454M
| $10.6M | 0.01% |
115,647
-3,695
| -3% | -$361K |
|
1295
Mativ Holdings
MATV
$706M
| $10.6M | 0.01% |
308,106
+24,339
| +9% | +$888K |
|
|
CSOD
1296
DELISTED
Cornerstone OnDemand, Inc.
CSOD
| $10.6M | 0.01% |
320,960
+16,063
| +5% | +$586K |
|
1297
Mueller Industries
MLI
$15.1B
| $10.6M | 0.01% |
1,427,988
+58,492
| +4% | +$466K |
|
|
DWRE
1298
DELISTED
DEMANDWARE INC COM STK (DE)
DWRE
| $10.6M | 0.01% |
204,255
+2,629
| +1% | +$162K |
|
1299
Kemper
KMPR
$1.54B
| $10.5M | 0.01% |
297,878
+2,765
| +0.9% | +$103K |
|
1300
H.B. Fuller
FUL
$3.34B
| $10.5M | 0.01% |
309,816
+3,308
| +1% | +$125K |
|
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.