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 | |
|---|---|---|---|---|---|---|
1526
Exponent
EXPO
$3.18B
| $7.68M | ﹤0.01% |
344,546
+30,306
| +10% | +$667K |
|
1527
Yelp
YELP
$1.23B
| $7.67M | ﹤0.01% |
353,999
+9,238
| +3% | +$256K |
|
|
CAA
1528
DELISTED
CalAtlantic Group, Inc.
CAA
| $7.66M | ﹤0.01% |
191,564
+5,616
| +3% | +$245K |
|
1529
Heartland Express
HTLD
$948M
| $7.65M | ﹤0.01% |
383,683
+22,363
| +6% | +$458K |
|
1530
Vishay Intertechnology
VSH
$5.22B
| $7.62M | ﹤0.01% |
786,137
-4,129
| -0.5% | -$43.8K |
|
1531
FirstCash
FCFS
$9.24B
| $7.62M | ﹤0.01% |
190,115
+9,284
| +5% | +$380K |
|
|
SCAI
1532
DELISTED
Surgical Care Affiliates, Inc.
SCAI
| $7.6M | ﹤0.01% |
232,487
+44,458
| +24% | +$1.67M |
|
1533
Children's Place
PLCE
$55.6M
| $7.59M | ﹤0.01% |
131,576
+662
| +0.5% | +$39.8K |
|
|
ZU
1534
DELISTED
ZULILY INC CLASS A COMMON STOCK
ZU
| $7.58M | ﹤0.01% |
435,521
+264,942
| +155% | +$4.11M |
|
1535
Archrock
AROC
$5.82B
| $7.55M | ﹤0.01% |
419,411
+6,295
| +2% | +$151K |
|
1536
AZZ Inc
AZZ
$4.54B
| $7.55M | ﹤0.01% |
155,053
-2,325
| -1% | -$119K |
|
|
LCI
1537
DELISTED
Lannett Company, Inc.
LCI
| $7.53M | ﹤0.01% |
45,340
+1,703
| +4% | +$374K |
|
|
SONC
1538
DELISTED
Sonic Corp
SONC
| $7.51M | ﹤0.01% |
327,424
+1,667
| +0.5% | +$46.1K |
|
1539
Insmed
INSM
$29.1B
| $7.51M | ﹤0.01% |
404,416
+2,294
| +0.6% | +$57.3K |
|
|
DRII
1540
DELISTED
DIAMOND RESORTS INTL, INC
DRII
| $7.51M | ﹤0.01% |
321,049
+1,447
| +0.5% | +$39.9K |
|
|
FNSR
1541
DELISTED
Finisar Corp
FNSR
| $7.49M | ﹤0.01% |
672,985
-2,753
| -0.4% | -$43.1K |
|
1542
Global Net Lease
GNL
$1.9B
| $7.47M | ﹤0.01% |
+270,680
| New | +$6.92M |
|
|
ALX
1543
Alexander's
ALX
$1.4B
| $7.47M | ﹤0.01% |
19,963
+720
| +4% | +$279K |
|
|
ZAYO
1544
DELISTED
Zayo Group Holdings, Inc.
ZAYO
| $7.46M | ﹤0.01% |
294,082
-1,490
| -0.5% | -$40.1K |
|
1545
Mueller Water Products
MWA
$4.07B
| $7.45M | ﹤0.01% |
972,902
+37,264
| +4% | +$319K |
|
1546
Alaunos Therapeutics
TCRT
$4.88M
| $7.44M | ﹤0.01% |
5,505
+193
| +4% | +$319K |
|
|
SPWR
1547
DELISTED
SunPower Corporation Common Stock
SPWR
| $7.44M | ﹤0.01% |
566,772
+46,534
| +9% | +$750K |
|
|
KYNB
1548
Kyntra Bio
KYNB
$28.9M
| $7.41M | ﹤0.01% |
13,514
+9,062
| +204% | +$5.49M |
|
1549
NXP Semiconductors
NXPI
$59.4B
| $7.38M | ﹤0.01% |
84,710
+3,216
| +4% | +$290K |
|
1550
Argan
AGX
$8.13B
| $7.36M | ﹤0.01% |
212,229
+4,443
| +2% | +$171K |
|
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.