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 | |
|---|---|---|---|---|---|---|
|
AXON
1551
Axon Enterprise
AXON
$48.3B
| $7.35M | ﹤0.01% |
333,594
+8,166
| +3% | +$216K |
|
1552
SPS Commerce
SPSC
$2.69B
| $7.34M | ﹤0.01% |
216,150
+3,376
| +2% | +$118K |
|
|
RWT
1553
Redwood Trust
RWT
$592M
| $7.31M | ﹤0.01% |
528,064
+44,106
| +9% | +$663K |
|
1554
Franklin Electric
FELE
$4.74B
| $7.3M | ﹤0.01% |
268,285
+3,257
| +1% | +$93.4K |
|
|
NMBL
1555
DELISTED
Nimble Storage, Inc.
NMBL
| $7.26M | ﹤0.01% |
301,227
+122,657
| +69% | +$3.2M |
|
1556
Evertec
EVTC
$1.8B
| $7.26M | ﹤0.01% |
401,944
+4,065
| +1% | +$76.9K |
|
|
MTGE
1557
DELISTED
MTGE Investment Corp. Common Stock
MTGE
| $7.25M | ﹤0.01% |
491,589
-48,447
| -9% | -$763K |
|
|
TYPE
1558
DELISTED
Monotype Imaging Holdings Inc.
TYPE
| $7.24M | ﹤0.01% |
331,705
-2,156
| -0.6% | -$49.5K |
|
|
IRDMB
1559
DELISTED
Iridium Communications Inc - 6.75% Series B
IRDMB
| – | – |
0
| – | – |
|
|
TSRO
1560
DELISTED
TESARO, Inc.
TSRO
| $7.18M | ﹤0.01% |
179,175
+11,544
| +7% | +$631K |
|
1561
Chord Energy
CHRD
$7.58B
| $7.18M | ﹤0.01% |
827,143
-2,326
| -0.3% | -$24.4K |
|
|
PEGI
1562
DELISTED
Pattern Energy Group Inc. Class A
PEGI
| $7.17M | ﹤0.01% |
375,473
+77,360
| +26% | +$1.83M |
|
|
ARI
1563
Apollo Commercial Real Estate
ARI
$892M
| $7.14M | ﹤0.01% |
454,720
+24,238
| +6% | +$403K |
|
|
ALJ
1564
DELISTED
Alon USA Energy Inc
ALJ
| $7.14M | ﹤0.01% |
394,946
+125,496
| +47% | +$2.38M |
|
|
STMP
1565
DELISTED
Stamps.com, Inc.
STMP
| $7.13M | ﹤0.01% |
96,324
+2,628
| +3% | +$204K |
|
1566
Werner Enterprises
WERN
$2.27B
| $7.12M | ﹤0.01% |
283,783
+4,170
| +1% | +$114K |
|
1567
Atlantic Union Bankshares
AUB
$6.05B
| $7.11M | ﹤0.01% |
296,453
+4,433
| +2% | +$105K |
|
|
WMGI
1568
DELISTED
Wright Medical Group Inc
WMGI
| $7.11M | ﹤0.01% |
338,443
+19,213
| +6% | +$479K |
|
1569
JD.com
JD
$42.4B
| $7.11M | ﹤0.01% |
272,918
+66,204
| +32% | +$1.91M |
|
|
ASRT
1570
DELISTED
Assertio
ASRT
| $7.11M | ﹤0.01% |
6,285
+62
| +1% | +$106K |
|
|
AHT
1571
Ashford Hospitality Trust
AHT
$19.4M
| $7.1M | ﹤0.01% |
1,179
+303
| +35% | +$2.41M |
|
|
GPT
1572
DELISTED
Gramercy Property Trust
GPT
| $7.09M | ﹤0.01% |
113,742
+4,240
| +4% | +$293K |
|
|
SHLD
1573
DELISTED
Sears Holding Corporation
SHLD
| $7.07M | ﹤0.01% |
312,819
+12,942
| +4% | +$312K |
|
1574
BJ's Restaurants
BJRI
$1.48B
| $7.06M | ﹤0.01% |
164,154
+19,807
| +14% | +$930K |
|
1575
STAG Industrial
STAG
$7.12B
| $7.04M | ﹤0.01% |
386,773
+6,775
| +2% | +$128K |
|
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.