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 | |
|---|---|---|---|---|---|---|
1476
Worthington Enterprises
WOR
$2.76B
| $8.06M | ﹤0.01% |
493,695
+646
| +0.1% | +$10.5K |
|
1477
LCI Industries
LCII
$2.57B
| $8.05M | ﹤0.01% |
147,392
-11,366
| -7% | -$641K |
|
1478
Viavi Solutions
VIAV
$10.4B
| $8.04M | ﹤0.01% |
1,497,644
-981,612
| -40% | -$5.76M |
|
1479
Independent Bank
INDB
$4.03B
| $8.04M | ﹤0.01% |
174,386
+2,324
| +1% | +$109K |
|
1480
Sarepta Therapeutics
SRPT
$1.94B
| $8.03M | ﹤0.01% |
250,104
+6,531
| +3% | +$222K |
|
|
DGI
1481
DELISTED
DigitalGlobe Inc.
DGI
| $8.03M | ﹤0.01% |
421,925
+4,419
| +1% | +$104K |
|
1482
HUB Group
HUBG
$2.37B
| $8.02M | ﹤0.01% |
440,508
+4,756
| +1% | +$94K |
|
1483
Oil States International
OIS
$529M
| $8.01M | ﹤0.01% |
306,608
+4,201
| +1% | +$124K |
|
|
PLKI
1484
DELISTED
Popeyes Louisiana Kitchen, Inc.
PLKI
| $8.01M | ﹤0.01% |
142,126
+1,414
| +1% | +$81.6K |
|
1485
Banner Corp
BANR
$2.48B
| $8.01M | ﹤0.01% |
167,624
+1,117
| +0.7% | +$51.9K |
|
1486
Power Integrations
POWI
$3.55B
| $7.98M | ﹤0.01% |
378,400
+2,896
| +0.8% | +$58K |
|
|
KND
1487
DELISTED
Kindred Healthcare
KND
| $7.97M | ﹤0.01% |
506,409
+954
| +0.2% | +$19.3K |
|
1488
Itron
ITRI
$4.46B
| $7.97M | ﹤0.01% |
249,807
+1,030
| +0.4% | +$32.1K |
|
1489
CNA Financial
CNA
$13.8B
| $7.97M | ﹤0.01% |
228,120
+3,214
| +1% | +$121K |
|
|
RPXC
1490
DELISTED
RPX Corporation
RPXC
| $7.96M | ﹤0.01% |
580,517
+14,150
| +2% | +$210K |
|
|
FIT
1491
DELISTED
Fitbit, Inc. Class A common stock
FIT
| $7.96M | ﹤0.01% |
+211,129
| New | +$8.62M |
|
|
WSTC
1492
DELISTED
West Corporation
WSTC
| $7.96M | ﹤0.01% |
355,183
+8,111
| +2% | +$214K |
|
|
PINC
1493
DELISTED
Premier
PINC
| $7.95M | ﹤0.01% |
231,191
+47,490
| +26% | +$1.71M |
|
1494
Hope Bancorp
HOPE
$1.82B
| $7.93M | ﹤0.01% |
528,304
+1,509
| +0.3% | +$22.6K |
|
|
FCH
1495
DELISTED
Felcor Lodging Trust
FCH
| $7.92M | ﹤0.01% |
1,120,862
-1,089
| -0.1% | -$9.66K |
|
1496
Brink's
BCO
$4.63B
| $7.92M | ﹤0.01% |
293,239
+8,689
| +3% | +$250K |
|
1497
Simmons First National
SFNC
$3.43B
| $7.92M | ﹤0.01% |
330,510
+50,936
| +18% | +$1.17M |
|
|
ESND
1498
DELISTED
Essendant Inc.
ESND
| $7.92M | ﹤0.01% |
+244,162
| New | +$8.64M |
|
|
AVNS
1499
DELISTED
Avanos Medical
AVNS
| $7.9M | ﹤0.01% |
277,743
+2,701
| +1% | +$94.2K |
|
|
FSP
1500
Franklin Street Properties
FSP
$46.3M
| $7.9M | ﹤0.01% |
734,605
-2,272
| -0.3% | -$25.4K |
|
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.