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 | |
|---|---|---|---|---|---|---|
|
MDP
1376
DELISTED
Meredith Corporation
MDP
| $9.38M | 0.01% |
220,327
+2,156
| +1% | +$103K |
|
1377
HEICO Corp Class A
HEI.A
$37B
| $9.37M | 0.01% |
503,811
+27,822
| +6% | +$521K |
|
1378
DNOW Inc
DNOW
$3.01B
| $9.35M | 0.01% |
631,597
+10,772
| +2% | +$188K |
|
1379
Commault Systems
CVLT
$5.78B
| $9.35M | 0.01% |
275,193
+2,988
| +1% | +$112K |
|
|
DF
1380
DELISTED
Dean Foods Company
DF
| $9.34M | 0.01% |
565,597
+4,125
| +0.7% | +$70.5K |
|
|
AMAG
1381
DELISTED
AMAG Pharmaceuticals
AMAG
| $9.33M | 0.01% |
234,931
+36,722
| +19% | +$2.28M |
|
1382
Huron Consulting
HURN
$2.43B
| $9.32M | 0.01% |
149,131
+8,482
| +6% | +$607K |
|
1383
Nexstar Media Group
NXST
$5.69B
| $9.32M | 0.01% |
196,926
+9,047
| +5% | +$459K |
|
|
AAWW
1384
DELISTED
Atlas Air Worldwide Holdings, Inc.
AAWW
| $9.32M | 0.01% |
269,814
+13,158
| +5% | +$587K |
|
1385
Prothena Corp
PRTA
$473M
| $9.3M | 0.01% |
205,060
+4,880
| +2% | +$284K |
|
1386
Applied Industrial Technologies
AIT
$13B
| $9.27M | 0.01% |
242,920
+2,442
| +1% | +$96.5K |
|
1387
Carpenter Technology
CRS
$26.7B
| $9.24M | 0.01% |
310,339
-3,287
| -1% | -$120K |
|
1388
Antero Resources
AR
$11.6B
| $9.23M | 0.01% |
436,748
+76,683
| +21% | +$2.04M |
|
1389
ABM Industries
ABM
$2.83B
| $9.23M | 0.01% |
337,876
+4,310
| +1% | +$136K |
|
|
AIRM
1390
DELISTED
Air Methods Corp
AIRM
| $9.21M | 0.01% |
270,027
+12,377
| +5% | +$478K |
|
|
IQNT
1391
DELISTED
Inteliquent, Inc.
IQNT
| $9.19M | 0.01% |
411,781
-83,146
| -17% | -$1.58M |
|
|
DOOR
1392
DELISTED
MASONITE INTERNATIONAL CORP
DOOR
| $9.19M | 0.01% |
151,736
+20,846
| +16% | +$1.39M |
|
|
WBMD
1393
DELISTED
WebMD Health Corp.
WBMD
| $9.19M | 0.01% |
230,710
+2,315
| +1% | +$97.9K |
|
1394
Puma Biotechnology
PBYI
$453M
| $9.17M | 0.01% |
121,780
-4,256
| -3% | -$402K |
|
|
VRTU
1395
DELISTED
Virtusa Corporation
VRTU
| $9.17M | 0.01% |
178,642
+2,829
| +2% | +$144K |
|
|
MINI
1396
DELISTED
Mobile Mini Inc
MINI
| $9.16M | 0.01% |
297,492
+4,111
| +1% | +$145K |
|
|
CRZO
1397
DELISTED
Carrizo Oil & Gas Inc
CRZO
| $9.16M | 0.01% |
299,893
+7,475
| +3% | +$271K |
|
|
PMCS
1398
DELISTED
P M C SIERRA INC
PMCS
| $9.16M | 0.01% |
1,352,620
+91,767
| +7% | +$623K |
|
1399
ATI
ATI
$31.3B
| $9.15M | 0.01% |
645,186
-215,069
| -25% | -$4.45M |
|
1400
NBT Bancorp
NBTB
$2.75B
| $9.14M | 0.01% |
339,394
+2,640
| +0.8% | +$69.9K |
|
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.