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 | |
|---|---|---|---|---|---|---|
|
DOC
1601
DELISTED
PHYSICIANS REALTY TRUST
DOC
| $6.86M | ﹤0.01% |
454,288
+3,392
| +0.8% | +$52.1K |
|
|
CYS
1602
DELISTED
CYS Investments Inc.
CYS
| $6.85M | ﹤0.01% |
943,132
+9,104
| +1% | +$70.4K |
|
|
QGENF
1603
DELISTED
QIAGEN NV
QGENF
| $6.84M | ﹤0.01% |
265,265
+37,262
| +16% | +$961K |
|
|
ZSPH
1604
DELISTED
ZS PHARMA INC COMS TK (DE)
ZSPH
| $6.83M | ﹤0.01% |
103,953
+1,727
| +2% | +$104K |
|
|
APOL
1605
DELISTED
Apollo Education Group Inc Class A
APOL
| $6.82M | ﹤0.01% |
616,908
-1,513
| -0.2% | -$18.5K |
|
|
EXAM
1606
DELISTED
EXAMWORKS GROUP INC COM STK (DE)
EXAM
| $6.8M | ﹤0.01% |
232,730
+14,429
| +7% | +$498K |
|
|
MRC
1607
DELISTED
MRC Global
MRC
| $6.8M | ﹤0.01% |
609,880
+6,256
| +1% | +$81.7K |
|
|
PMT
1608
PennyMac Mortgage Investment
PMT
$827M
| $6.8M | ﹤0.01% |
439,582
+4,585
| +1% | +$75.3K |
|
1609
Artisan Partners
APAM
$2.97B
| $6.79M | ﹤0.01% |
192,867
+4,665
| +2% | +$201K |
|
|
VTLE
1610
DELISTED
Vital Energy
VTLE
| $6.78M | ﹤0.01% |
35,967
+731
| +2% | +$145K |
|
|
RICE
1611
DELISTED
Rice Energy Inc.
RICE
| $6.78M | ﹤0.01% |
419,633
+41,291
| +11% | +$789K |
|
|
TLMR
1612
DELISTED
TALMER BANCORP INC (MI)
TLMR
| $6.78M | ﹤0.01% |
406,995
+229,893
| +130% | +$3.81M |
|
1613
Skywest
SKYW
$4.16B
| $6.77M | ﹤0.01% |
406,222
+85,168
| +27% | +$1.37M |
|
1614
Scholastic
SCHL
$792M
| $6.76M | ﹤0.01% |
173,438
+2,275
| +1% | +$97.9K |
|
1615
National Bank Holdings
NBHC
$1.92B
| $6.75M | ﹤0.01% |
328,639
-9,336
| -3% | -$193K |
|
|
WEB
1616
DELISTED
Web.com Group, Inc.
WEB
| $6.74M | ﹤0.01% |
319,941
+6,958
| +2% | +$160K |
|
|
SHLM
1617
DELISTED
Schulman (A.) Inc
SHLM
| $6.74M | ﹤0.01% |
207,697
+8,966
| +5% | +$317K |
|
1618
Granite Construction
GVA
$5.52B
| $6.74M | ﹤0.01% |
227,178
+2,445
| +1% | +$82.2K |
|
|
ITCI
1619
DELISTED
Intra-Cellular Therapies Inc.
ITCI
| $6.74M | ﹤0.01% |
168,323
+3,333
| +2% | +$109K |
|
1620
HealthEquity
HQY
$8.82B
| $6.73M | ﹤0.01% |
227,810
+3,092
| +1% | +$97.2K |
|
1621
Sturm, Ruger & Co
RGR
$600M
| $6.73M | ﹤0.01% |
114,669
+4,586
| +4% | +$275K |
|
1622
Celldex Therapeutics
CLDX
$3.52B
| $6.71M | ﹤0.01% |
42,414
-240
| -0.6% | -$67.9K |
|
1623
Ubiquiti
UI
$35B
| $6.7M | ﹤0.01% |
197,569
+9,881
| +5% | +$331K |
|
|
BLD
1624
DELISTED
TopBuild
BLD
| $6.69M | ﹤0.01% |
+215,903
| New | +$6.68M |
|
1625
RingCentral
RNG
$5.25B
| $6.67M | ﹤0.01% |
367,284
+184,524
| +101% | +$3.36M |
|
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.