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 | |
|---|---|---|---|---|---|---|
|
EFOR
1301
Everforth Inc
EFOR
$1.35B
| $10.5M | 0.01% |
284,902
-1,475
| -0.5% | -$56K |
|
|
FOLD
1302
DELISTED
Amicus Therapeutics
FOLD
| $10.5M | 0.01% |
749,398
+48,142
| +7% | +$755K |
|
|
SCS
1303
DELISTED
Steelcase
SCS
| $10.5M | 0.01% |
568,586
-835
| -0.1% | -$15K |
|
|
SEM
1304
DELISTED
Select Medical
SEM
| $10.4M | 0.01% |
1,796,981
+230,847
| +15% | +$1.71M |
|
|
FMBI
1305
DELISTED
First Midwest Bancorp Inc/IL
FMBI
| $10.4M | 0.01% |
592,424
+7,525
| +1% | +$137K |
|
|
BECN
1306
DELISTED
Beacon Roofing Supply, Inc.
BECN
| $10.3M | 0.01% |
317,346
+8,489
| +3% | +$290K |
|
1307
Trustmark
TRMK
$2.78B
| $10.3M | 0.01% |
444,719
+912
| +0.2% | +$21.6K |
|
1308
BGC Group
BGC
$4.83B
| $10.3M | 0.01% |
1,948,836
-70,213
| -3% | -$408K |
|
1309
Teva Pharmaceuticals
TEVA
$42.5B
| $10.3M | 0.01% |
182,148
-6,784
| -4% | -$440K |
|
1310
Veeva Systems
VEEV
$38.4B
| $10.3M | 0.01% |
438,878
+210,988
| +93% | +$5.5M |
|
1311
Gentherm
THRM
$1.27B
| $10.3M | 0.01% |
228,667
+10,292
| +5% | +$493K |
|
1312
St. Joe Company
JOE
$3.89B
| $10.3M | 0.01% |
536,662
+4,968
| +0.9% | +$84.5K |
|
|
SJI
1313
DELISTED
South Jersey Industries, Inc.
SJI
| $10.3M | 0.01% |
406,259
+5,881
| +1% | +$144K |
|
1314
Comscore
SCOR
$108M
| $10.3M | 0.01% |
11,113
+124
| +1% | +$134K |
|
|
AXE
1315
DELISTED
Anixter International Inc
AXE
| $10.2M | 0.01% |
177,022
+12,880
| +8% | +$807K |
|
1316
Upbound Group
UPBD
$1.11B
| $10.2M | 0.01% |
418,730
+77,937
| +23% | +$2.09M |
|
1317
Pricesmart
PSMT
$5.33B
| $10.1M | 0.01% |
131,147
+1,593
| +1% | +$143K |
|
|
ARGO
1318
DELISTED
Argo Group International Holdings, Ltd.
ARGO
| $10.1M | 0.01% |
226,622
+2,006
| +0.9% | +$89.2K |
|
|
ISIL
1319
DELISTED
Intersil Corp
ISIL
| $10.1M | 0.01% |
866,384
+11,389
| +1% | +$127K |
|
|
KYTH
1320
DELISTED
KYTHERA BIOPHARMACEUTICALS, INC COM
KYTH
| $10.1M | 0.01% |
135,076
+6,547
| +5% | +$489K |
|
1321
LiveRamp
RAMP
$2.3B
| $10.1M | 0.01% |
511,447
+27,539
| +6% | +$530K |
|
1322
Haemonetics
HAE
$3.97B
| $10.1M | 0.01% |
312,532
+3,125
| +1% | +$118K |
|
|
IMPV
1323
DELISTED
Imperva, Inc.
IMPV
| $10.1M | 0.01% |
154,246
+574
| +0.4% | +$38.1K |
|
1324
Caleres
CAL
$475M
| $10.1M | 0.01% |
+330,619
| New | +$10.7M |
|
|
COHR
1325
DELISTED
Coherent Inc
COHR
| $10.1M | 0.01% |
184,506
+4,172
| +2% | +$244K |
|
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.