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 | |
|---|---|---|---|---|---|---|
1351
Merit Medical Systems
MMSI
$5.44B
| $9.7M | 0.01% |
405,490
+50,417
| +14% | +$1.19M |
|
1352
Omnicell
OMCL
$1.68B
| $9.69M | 0.01% |
311,534
-472
| -0.2% | -$16.9K |
|
|
CSG
1353
DELISTED
CHAMBERS STR PPTYS COM
CSG
| $9.69M | 0.01% |
1,492,594
+93,422
| +7% | +$666K |
|
|
ALEX
1354
DELISTED
Alexander & Baldwin
ALEX
| $9.66M | 0.01% |
281,455
+2,216
| +0.8% | +$81K |
|
|
RPT
1355
DELISTED
RPT Realty Common Shares of Beneficial Interest (MD)
RPT
| $9.63M | 0.01% |
641,561
-1,621
| -0.3% | -$26.2K |
|
1356
Tetra Tech
TTEK
$9.06B
| $9.63M | 0.01% |
1,980,440
+21,630
| +1% | +$111K |
|
|
EE
1357
DELISTED
El Paso Electric Company
EE
| $9.62M | 0.01% |
261,306
+11,065
| +4% | +$397K |
|
|
CHSP
1358
DELISTED
Chesapeake Lodging Trust
CHSP
| $9.61M | 0.01% |
368,909
+16,782
| +5% | +$507K |
|
1359
Matthews International
MATW
$733M
| $9.6M | 0.01% |
195,959
+5,235
| +3% | +$273K |
|
1360
Matador Resources
MTDR
$6.51B
| $9.6M | 0.01% |
462,662
+7,063
| +2% | +$154K |
|
|
CORE
1361
DELISTED
Core Mark Holding Co., Inc.
CORE
| $9.59M | 0.01% |
293,124
+4,832
| +2% | +$150K |
|
|
CTCT
1362
DELISTED
CONSTANT CONTACT, INC COM
CTCT
| $9.58M | 0.01% |
395,159
+24,046
| +6% | +$629K |
|
1363
Interface
TILE
$2.24B
| $9.57M | 0.01% |
426,428
+15,952
| +4% | +$392K |
|
1364
Nektar Therapeutics
NKTR
$2.55B
| $9.56M | 0.01% |
58,135
+2,007
| +4% | +$355K |
|
1365
Protolabs
PRLB
$2.16B
| $9.54M | 0.01% |
142,429
+2,114
| +2% | +$151K |
|
1366
Renasant Corp
RNST
$3.92B
| $9.54M | 0.01% |
290,315
+35,612
| +14% | +$1.14M |
|
1367
Plexus
PLXS
$7.2B
| $9.51M | 0.01% |
246,444
+11,249
| +5% | +$432K |
|
|
AAT
1368
American Assets Trust
AAT
$1.37B
| $9.5M | 0.01% |
232,437
+1,048
| +0.5% | +$42.2K |
|
1369
Globus Medical
GMED
$11.4B
| $9.48M | 0.01% |
459,009
+18,943
| +4% | +$480K |
|
1370
Groupon
GRPN
$889M
| $9.48M | 0.01% |
145,358
+16,731
| +13% | +$1.49M |
|
|
WAGE
1371
DELISTED
WageWorks, Inc.
WAGE
| $9.46M | 0.01% |
209,787
+13,358
| +7% | +$606K |
|
1372
Commercial Metals
CMC
$7.97B
| $9.43M | 0.01% |
695,804
-78,563
| -10% | -$1.2M |
|
1373
Halozyme
HALO
$11.6B
| $9.39M | 0.01% |
699,444
+19,307
| +3% | +$388K |
|
|
QLGC
1374
DELISTED
QLOGIC CORP
QLGC
| $9.39M | 0.01% |
916,104
+95,554
| +12% | +$1.01M |
|
1375
Insulet
PODD
$10B
| $9.38M | 0.01% |
362,092
+12,718
| +4% | +$386K |
|
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.