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 | |
|---|---|---|---|---|---|---|
|
KNGT
1426
DELISTED
KNIGHT TRANSPORTATION INC
KNGT
| $8.68M | 0.01% |
361,498
+4,950
| +1% | +$119K |
|
|
RGC
1427
DELISTED
Regal Entertainment Group
RGC
| $8.66M | 0.01% |
463,502
+8,542
| +2% | +$165K |
|
|
DMC
1428
Del Monte Corp
DMC
$1.45B
| $8.65M | 0.01% |
219,053
+2,326
| +1% | +$90.6K |
|
1429
Ironwood Pharmaceuticals
IRWD
$711M
| $8.64M | 0.01% |
989,613
+69,929
| +8% | +$653K |
|
1430
EXL Service
EXLS
$5.29B
| $8.62M | 0.01% |
1,167,075
-50
| -0% | -$370 |
|
1431
Scansource
SCSC
$1.05B
| $8.61M | 0.01% |
242,724
+14,502
| +6% | +$531K |
|
|
HW
1432
DELISTED
Headwaters Inc
HW
| $8.56M | 0.01% |
455,580
+14,745
| +3% | +$289K |
|
|
HTS
1433
DELISTED
HATTERAS FINANCIAL CORP
HTS
| $8.56M | 0.01% |
564,790
+4,933
| +0.9% | +$80.5K |
|
|
HA
1434
DELISTED
Hawaiian Holdings, Inc.
HA
| $8.55M | 0.01% |
346,530
+14,985
| +5% | +$357K |
|
|
SFLY
1435
DELISTED
Shutterfly, Inc.
SFLY
| $8.55M | 0.01% |
239,210
-2,055
| -0.9% | -$85.8K |
|
|
LQ
1436
DELISTED
La Quinta Holdings Inc.
LQ
| $8.54M | 0.01% |
541,559
+7,459
| +1% | +$150K |
|
1437
Park National Corp
PRK
$3.67B
| $8.54M | 0.01% |
94,659
+751
| +0.8% | +$65K |
|
1438
CONMED
CNMD
$1.48B
| $8.54M | 0.01% |
178,862
+4,613
| +3% | +$253K |
|
1439
Pegasystems
PEGA
$5.44B
| $8.54M | 0.01% |
693,858
-48,722
| -7% | -$603K |
|
|
IPCM
1440
DELISTED
IPC HEALTHCARE INC COM DTD
IPCM
| $8.53M | 0.01% |
109,840
+1,998
| +2% | +$141K |
|
1441
Simpson Manufacturing
SSD
$8.19B
| $8.5M | 0.01% |
253,901
+7,528
| +3% | +$263K |
|
1442
WSFS Financial
WSFS
$4.14B
| $8.49M | 0.01% |
294,861
-10,648
| -3% | -$300K |
|
1443
Teekay
TK
$991M
| $8.48M | 0.01% |
286,144
+20,641
| +8% | +$739K |
|
1444
AMERISAFE
AMSF
$519M
| $8.47M | 0.01% |
170,391
+746
| +0.4% | +$36.1K |
|
|
UCB
1445
United Community Banks
UCB
$4.36B
| $8.45M | 0.01% |
413,545
+6,176
| +2% | +$126K |
|
|
LTXB
1446
DELISTED
LegacyTexas Financial Group Inc
LTXB
| $8.45M | 0.01% |
277,310
+32,615
| +13% | +$953K |
|
1447
WesBanco
WSBC
$4.05B
| $8.45M | 0.01% |
268,690
+4,820
| +2% | +$156K |
|
1448
Genesco
GCO
$409M
| $8.44M | 0.01% |
147,825
+874
| +0.6% | +$54.3K |
|
|
QTS
1449
DELISTED
QTS REALTY TRUST, INC.
QTS
| $8.43M | 0.01% |
193,012
+17,488
| +10% | +$714K |
|
|
SNCR
1450
DELISTED
Synchronoss Technologies
SNCR
| $8.42M | 0.01% |
28,528
+2,863
| +11% | +$1.11M |
|
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.