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 |
Alphabet (Google) Class A
GOOGL
|
+$1.81B |
| 2 |
Hewlett Packard
HPE
|
+$201M |
| 3 |
Synchrony
SYF
|
+$198M |
| 4 |
Comcast
CMCSA
|
+$169M |
| 5 |
Illumina
ILMN
|
+$56.4M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Alphabet (Google) Class C
GOOG
|
+$1.69B |
| 2 |
HP
HPQ
|
+$238M |
| 3 |
CMCSK
COMCAST CORP SPL A (NEW)
CMCSK
|
+$172M |
| 4 |
GE Aerospace
GE
|
+$157M |
| 5 |
SIAL
SIGMA - ALDRICH CORP
SIAL
|
+$143M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 15.29% |
| 2 | Healthcare | 15.07% |
| 3 | Technology | 14.2% |
| 4 | Industrials | 10.21% |
| 5 | Consumer Discretionary | 9.53% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1601
Dave & Buster's
PLAY
$370M
| $7.07M | ﹤0.01% |
169,339
+39,475
| +30% | +$1.54M |
|
1602
Aaon
AAON
$7.23B
| $7.06M | ﹤0.01% |
456,158
+4,131
| +0.9% | +$62.6K |
|
1603
Werner Enterprises
WERN
$2.31B
| $7.05M | ﹤0.01% |
301,367
+17,584
| +6% | +$456K |
|
|
RWT
1604
Redwood Trust
RWT
$599M
| $7.04M | ﹤0.01% |
533,747
+5,683
| +1% | +$76.7K |
|
|
ASRT
1605
DELISTED
Assertio
ASRT
| $7.04M | ﹤0.01% |
6,473
+188
| +3% | +$212K |
|
1606
Heartland Express
HTLD
$979M
| $7.01M | ﹤0.01% |
412,142
+28,459
| +7% | +$545K |
|
1607
MiMedx Group
MDXG
$612M
| $7.01M | ﹤0.01% |
747,796
+25,236
| +3% | +$219K |
|
1608
Global Net Lease
GNL
$1.9B
| $7M | ﹤0.01% |
293,636
+22,956
| +8% | +$610K |
|
|
CALD
1609
DELISTED
Callidus Software, Inc.
CALD
| $7M | ﹤0.01% |
376,867
+7,870
| +2% | +$149K |
|
1610
Argan
AGX
$7.84B
| $6.98M | ﹤0.01% |
215,451
+3,222
| +2% | +$116K |
|
|
HF
1611
DELISTED
HFF Inc.
HF
| $6.96M | ﹤0.01% |
224,196
-65,266
| -23% | -$2.23M |
|
1612
Upbound Group
UPBD
$1.15B
| $6.96M | ﹤0.01% |
465,217
+46,487
| +11% | +$888K |
|
1613
California Water Service
CWT
$3.1B
| $6.96M | ﹤0.01% |
299,050
-13,808
| -4% | -$314K |
|
1614
Liberty Latin America Class C
LILAK
$1.65B
| $6.96M | ﹤0.01% |
188,997
+410
| +0.2% | +$13.4K |
|
1615
Federal Signal
FSS
$7.51B
| $6.96M | ﹤0.01% |
438,843
+4,681
| +1% | +$73.9K |
|
|
TBI
1616
Trueblue
TBI
$309M
| $6.95M | ﹤0.01% |
269,844
+16,923
| +7% | +$457K |
|
|
PRAH
1617
DELISTED
PRA Health Sciences, Inc.
PRAH
| $6.93M | ﹤0.01% |
153,099
+16,305
| +12% | +$685K |
|
1618
Shenandoah Telecom
SHEN
$744M
| $6.92M | ﹤0.01% |
321,758
-1,580
| -0.5% | -$36.5K |
|
1619
Matrix Service
MTRX
$328M
| $6.91M | ﹤0.01% |
336,512
-33,092
| -9% | -$742K |
|
1620
Repligen
RGEN
$9.45B
| $6.89M | ﹤0.01% |
243,503
+8,935
| +4% | +$258K |
|
1621
MasTec
MTZ
$23B
| $6.88M | ﹤0.01% |
396,185
+3,851
| +1% | +$68.4K |
|
1622
Otter Tail
OTTR
$3.9B
| $6.88M | ﹤0.01% |
258,257
+7,043
| +3% | +$189K |
|
|
VIVO
1623
DELISTED
Meridian Bioscience Inc
VIVO
| $6.87M | ﹤0.01% |
334,982
-15,461
| -4% | -$296K |
|
1624
Sturm, Ruger & Co
RGR
$601M
| $6.86M | ﹤0.01% |
115,160
+491
| +0.4% | +$27.6K |
|
|
UCB
1625
United Community Banks
UCB
$4.43B
| $6.85M | ﹤0.01% |
351,451
-62,094
| -15% | -$1.26M |
|
Similar funds
Geode Capital Management's Q4 2015 Portfolio in Review
As of Q4 2015, Geode Capital Management held 4,254 positions worth $175B, up 6.4% from $165B the previous quarter. Its ten largest holdings account for 15% of the portfolio.
Geode Capital Management's Q4 2015 filing shows 121 new, 2,694 increased, 871 reduced and 116 closed positions. Its largest new stake was Alphabet (Google) Class A: 48,905,040 shares worth $1.9B. The largest sale was Alphabet (Google) Class C, an estimated $1.69B.
By sector, the portfolio is most concentrated in Financials at 15% of assets, down from 15% a quarter earlier, followed by Healthcare and Technology.
- Geode Capital Management's largest Q4 2015 buy was Alphabet (Google) Class A: 48,905,040 shares worth $1.9B.
- Geode Capital Management added most to Synchrony in Q4 2015, an estimated $198M increase.
- Geode Capital Management's biggest Q4 2015 reduction was Alphabet (Google) Class C, cutting an estimated $1.69B.
- Geode Capital Management fully exited COMCAST CORP SPL A (NEW) in Q4 2015, selling an estimated $172M.
- Geode Capital Management's ten largest holdings make up 15% of its $175B portfolio in Q4 2015.
- Geode Capital Management opened 121 new positions and closed 116 in Q4 2015.
- Geode Capital Management's portfolio value rose 6.4% quarter-over-quarter to $175B.
Based on Geode Capital Management's 13F filing for Q4 2015, filed 12 Feb 2016.