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 | |
|---|---|---|---|---|---|---|
|
HT
1451
DELISTED
Hersha Hospitality Trust Priority Class A Common Shares of Beneficial Interest
HT
| $8.37M | 0.01% |
369,493
-3,867
| -1% | -$98.7K |
|
|
AVP
1452
DELISTED
Avon Products, Inc.
AVP
| $8.37M | 0.01% |
2,576,097
+92,219
| +4% | +$468K |
|
|
WIBC
1453
DELISTED
WILSHIRE BANCORP INC
WIBC
| $8.36M | 0.01% |
795,490
+37,003
| +5% | +$419K |
|
1454
Apogee Enterprises
APOG
$892M
| $8.35M | 0.01% |
187,112
-3,115
| -2% | -$163K |
|
|
GES
1455
DELISTED
Guess Inc
GES
| $8.35M | 0.01% |
390,877
-3,242
| -0.8% | -$70.2K |
|
1456
Meritage Homes
MTH
$4.77B
| $8.34M | 0.01% |
456,888
+4,492
| +1% | +$96.6K |
|
1457
Liberty Broadband Class A
LBRDA
$5.07B
| $8.33M | 0.01% |
161,905
+11,173
| +7% | +$604K |
|
|
MEG
1458
DELISTED
Media General, Inc
MEG
| $8.31M | 0.01% |
593,776
+42,025
| +8% | +$570K |
|
1459
Matrix Service
MTRX
$333M
| $8.3M | 0.01% |
369,604
+18,610
| +5% | +$377K |
|
1460
Marcus & Millichap
MMI
$1.18B
| $8.3M | 0.01% |
180,466
+7,983
| +5% | +$374K |
|
1461
UFP Industries
UFPI
$4.97B
| $8.29M | 0.01% |
431,481
+25,773
| +6% | +$513K |
|
1462
First Merchants
FRME
$2.71B
| $8.28M | 0.01% |
315,957
+1,554
| +0.5% | +$40.2K |
|
|
CBF
1463
DELISTED
Capital Bank Financial Corp. Class A Common Stock
CBF
| $8.26M | 0.01% |
273,110
-1,419
| -0.5% | -$42.5K |
|
|
AMED
1464
DELISTED
Amedisys
AMED
| $8.24M | 0.01% |
217,071
+6,039
| +3% | +$255K |
|
|
WELL.PRI
1465
DELISTED
Welltower Inc.
WELL.PRI
| – | – |
0
| – | – |
|
1466
Nelnet
NNI
$4.51B
| $8.24M | 0.01% |
238,041
+14,320
| +6% | +$564K |
|
|
VG
1467
DELISTED
Vonage Holdings Corporation
VG
| $8.23M | 0.01% |
1,400,061
+113,880
| +9% | +$646K |
|
|
CBM
1468
DELISTED
Cambrex Corporation
CBM
| $8.19M | 0.01% |
206,297
-5,600
| -3% | -$262K |
|
1469
PENN Entertainment
PENN
$2.57B
| $8.16M | 0.01% |
486,465
+21,465
| +5% | +$392K |
|
|
DWA
1470
DELISTED
DREAMWORKS ANIMATION SKG INC CL-A
DWA
| $8.16M | ﹤0.01% |
467,464
+9,639
| +2% | +$208K |
|
1471
First Financial Bancorp
FFBC
$3.58B
| $8.16M | ﹤0.01% |
427,491
+7,141
| +2% | +$133K |
|
|
ISEE
1472
DELISTED
IVERIC bio, Inc. Common Stock
ISEE
| $8.11M | ﹤0.01% |
200,236
+99,517
| +99% | +$5.27M |
|
1473
Forward Air
FWRD
$636M
| $8.11M | ﹤0.01% |
195,400
+1,954
| +1% | +$92.3K |
|
|
SWC
1474
DELISTED
Stillwater Mining Co
SWC
| $8.1M | ﹤0.01% |
784,397
+51,830
| +7% | +$496K |
|
|
TVPT
1475
DELISTED
Travelport Worldwide Limited
TVPT
| $8.08M | ﹤0.01% |
611,160
+342,017
| +127% | +$4.66M |
|
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.