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 | |
|---|---|---|---|---|---|---|
1576
KB Home
KBH
$3.45B
| $7.04M | ﹤0.01% |
519,247
+7,109
| +1% | +$109K |
|
1577
Advanced Micro Devices
AMD
$789B
| $7.02M | ﹤0.01% |
4,082,533
+129,018
| +3% | +$243K |
|
1578
3D Systems Corp
DDD
$601M
| $7.02M | ﹤0.01% |
607,868
+17,884
| +3% | +$248K |
|
1579
ArcBest
ARCB
$3.28B
| $7.01M | ﹤0.01% |
272,024
+2,517
| +0.9% | +$75.8K |
|
|
EGOV
1580
DELISTED
NIC Inc
EGOV
| $7.01M | ﹤0.01% |
395,703
+4,573
| +1% | +$83.5K |
|
1581
United Parks & Resorts
PRKS
$2.04B
| $7M | ﹤0.01% |
392,970
+4,317
| +1% | +$77.8K |
|
|
TWOU
1582
DELISTED
2U Inc
TWOU
| $6.98M | ﹤0.01% |
6,485
+3,617
| +126% | +$3.72M |
|
1583
Red Robin
RRGB
$183M
| $6.98M | ﹤0.01% |
92,140
+1,302
| +1% | +$110K |
|
1584
Paycom
PAYC
$10.1B
| $6.97M | ﹤0.01% |
194,253
+41,773
| +27% | +$1.52M |
|
|
EDE
1585
DELISTED
Empire District Electric
EDE
| $6.97M | ﹤0.01% |
316,531
+52,096
| +20% | +$1.16M |
|
1586
MiMedx Group
MDXG
$612M
| $6.97M | ﹤0.01% |
722,560
+50,910
| +8% | +$537K |
|
1587
Cato Corp
CATO
$66.7M
| $6.96M | ﹤0.01% |
204,581
+2,652
| +1% | +$96.6K |
|
|
MYCC
1588
DELISTED
ClubCorp Holdings, Inc.
MYCC
| $6.96M | ﹤0.01% |
324,242
+75,034
| +30% | +$1.73M |
|
|
JBTM
1589
JBT Marel
JBTM
$6.1B
| $6.95M | ﹤0.01% |
181,724
+7,255
| +4% | +$263K |
|
|
ARIA
1590
DELISTED
Ariad Pharmaceuticals Inc
ARIA
| $6.93M | ﹤0.01% |
1,187,523
+281
| +0% | +$2.17K |
|
|
CKH
1591
DELISTED
Seacor Holdings Inc.
CKH
| $6.92M | ﹤0.01% |
119,706
+6,615
| +6% | +$407K |
|
1592
Shenandoah Telecom
SHEN
$744M
| $6.92M | ﹤0.01% |
323,338
+19,216
| +6% | +$364K |
|
1593
California Water Service
CWT
$3.1B
| $6.92M | ﹤0.01% |
312,858
+6,650
| +2% | +$145K |
|
1594
DHT Holdings
DHT
$3.09B
| $6.91M | ﹤0.01% |
931,891
+384,562
| +70% | +$2.96M |
|
|
SYKE
1595
DELISTED
SYKES Enterprises Inc
SYKE
| $6.9M | ﹤0.01% |
270,552
+19,414
| +8% | +$484K |
|
|
NAVG
1596
DELISTED
Navigators Group Inc
NAVG
| $6.89M | ﹤0.01% |
176,790
-326
| -0.2% | -$12.7K |
|
|
SPTN
1597
DELISTED
SpartanNash
SPTN
| $6.89M | ﹤0.01% |
266,602
+5,564
| +2% | +$168K |
|
1598
Advanced Energy
AEIS
$13.2B
| $6.89M | ﹤0.01% |
262,003
+7,786
| +3% | +$201K |
|
1599
Enerpac Tool Group
EPAC
$1.89B
| $6.89M | ﹤0.01% |
374,617
-9,203
| -2% | -$196K |
|
|
PDLI
1600
DELISTED
PDL BioPharma, Inc.
PDLI
| $6.87M | ﹤0.01% |
1,366,750
+259,629
| +23% | +$1.49M |
|
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.