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 | |
|---|---|---|---|---|---|---|
1326
MGE Energy Inc
MGEE
$3.06B
| $10.1M | 0.01% |
244,178
+13,238
| +6% | +$523K |
|
1327
Delek US
DK
$3.92B
| $10.1M | 0.01% |
362,950
-82,231
| -18% | -$2.76M |
|
|
PEI
1328
DELISTED
Pennsylvania Real Estate Investment Trust
PEI
| $10.1M | 0.01% |
33,794
-99
| -0.3% | -$31.1K |
|
|
PKY
1329
DELISTED
Parkway, Inc.
PKY
| $10M | 0.01% |
643,930
+33,354
| +5% | +$563K |
|
1330
Choice Hotels
CHH
$4.62B
| $10M | 0.01% |
210,140
+14,546
| +7% | +$745K |
|
1331
LXP Industrial Trust
LXP
$3.58B
| $10M | 0.01% |
246,989
+2,891
| +1% | +$122K |
|
|
LTRPA
1332
DELISTED
Liberty TripAdvisor Holdings, Inc. Series A
LTRPA
| $9.99M | 0.01% |
450,838
+10,211
| +2% | +$283K |
|
|
HI
1333
DELISTED
Hillenbrand
HI
| $9.98M | 0.01% |
383,924
+13,387
| +4% | +$370K |
|
1334
Element Solutions
ESI
$9.17B
| $9.96M | 0.01% |
787,527
+108,043
| +16% | +$2.23M |
|
1335
Sabra Healthcare REIT
SBRA
$5.07B
| $9.96M | 0.01% |
429,793
+45,995
| +12% | +$1.17M |
|
1336
XPO
XPO
$23.8B
| $9.96M | 0.01% |
1,208,724
+14,119
| +1% | +$185K |
|
1337
Dorman Products
DORM
$3.95B
| $9.95M | 0.01% |
195,601
+1,987
| +1% | +$99.5K |
|
1338
Pacira BioSciences
PCRX
$972M
| $9.88M | 0.01% |
240,377
+4,114
| +2% | +$252K |
|
1339
Old National Bancorp
ONB
$10.3B
| $9.87M | 0.01% |
708,600
+2,916
| +0.4% | +$41.3K |
|
1340
Dolby
DLB
$5.75B
| $9.82M | 0.01% |
301,255
+42,653
| +16% | +$1.46M |
|
|
CCMP
1341
DELISTED
CMC Materials, Inc. Common Stock
CCMP
| $9.82M | 0.01% |
253,519
+8,554
| +3% | +$373K |
|
|
GK
1342
DELISTED
G&K Services Inc
GK
| $9.81M | 0.01% |
147,335
+1,759
| +1% | +$120K |
|
|
GWB
1343
DELISTED
Great Western Bancorp, Inc.
GWB
| $9.79M | 0.01% |
386,062
+113,333
| +42% | +$2.85M |
|
|
OVTI
1344
DELISTED
OMNIVISION TECHNOLOGIES INC
OVTI
| $9.79M | 0.01% |
372,768
+5,962
| +2% | +$148K |
|
|
CMO
1345
DELISTED
Capstead Mortgage Corp.
CMO
| $9.78M | 0.01% |
989,301
+81,461
| +9% | +$883K |
|
|
HF
1346
DELISTED
HFF Inc.
HF
| $9.77M | 0.01% |
289,462
+20,498
| +8% | +$808K |
|
1347
Usana Health Sciences
USNA
$254M
| $9.75M | 0.01% |
145,506
-9,140
| -6% | -$646K |
|
1348
New York Times
NYT
$10.3B
| $9.73M | 0.01% |
823,690
+37,658
| +5% | +$475K |
|
1349
Knowles
KN
$3.29B
| $9.71M | 0.01% |
527,101
+26,078
| +5% | +$446K |
|
1350
WD-40
WDFC
$3.13B
| $9.7M | 0.01% |
108,873
+3,108
| +3% | +$271K |
|
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.