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 | |
|---|---|---|---|---|---|---|
1626
Acco Brands
ACCO
$399M
| $6.66M | ﹤0.01% |
942,208
+42,407
| +5% | +$318K |
|
1627
EPR Properties 5.75% Series C Preferred Shares
EPR.PRC
$146M
| – | – |
0
| – | – |
|
1628
Gray Television
GTN
$498M
| $6.65M | ﹤0.01% |
521,087
+183,137
| +54% | +$2.6M |
|
1629
NETGEAR
NTGR
$658M
| $6.63M | ﹤0.01% |
227,307
-1,115
| -0.5% | -$33.9K |
|
|
KNL
1630
DELISTED
Knoll, Inc.
KNL
| $6.63M | ﹤0.01% |
301,670
+216
| +0.1% | +$5.17K |
|
|
AJRD
1631
DELISTED
Aerojet Rocketdyne Holdings
AJRD
| $6.62M | ﹤0.01% |
+409,326
| New | +$8.74M |
|
1632
Comfort Systems
FIX
$61.2B
| $6.61M | ﹤0.01% |
242,500
+26,130
| +12% | +$700K |
|
1633
Piper Sandler
PIPR
$5.34B
| $6.61M | ﹤0.01% |
730,792
-53,840
| -7% | -$553K |
|
|
AXLL
1634
DELISTED
AXIALL CORP COM STK (DE)
AXLL
| $6.59M | ﹤0.01% |
420,157
+3,360
| +0.8% | +$90.1K |
|
|
PE
1635
DELISTED
PARSLEY ENERGY INC
PE
| $6.58M | ﹤0.01% |
436,992
+41,307
| +10% | +$642K |
|
|
STOR
1636
DELISTED
STORE Capital Corporation
STOR
| $6.58M | ﹤0.01% |
318,602
+44,694
| +16% | +$932K |
|
|
RSPP
1637
DELISTED
RSP Permian, Inc.
RSPP
| $6.58M | ﹤0.01% |
324,933
+42,172
| +15% | +$995K |
|
1638
Trex
TREX
$5.05B
| $6.58M | ﹤0.01% |
789,540
+8,048
| +1% | +$82.7K |
|
|
LABL
1639
DELISTED
Multi-Color Corp
LABL
| $6.57M | ﹤0.01% |
85,916
+3,105
| +4% | +$204K |
|
1640
The Ensign Group
ENSG
$10.6B
| $6.57M | ﹤0.01% |
329,290
+15,615
| +5% | +$358K |
|
|
MDC
1641
DELISTED
M.D.C. Holdings, Inc.
MDC
| $6.56M | ﹤0.01% |
348,064
+1,682
| +0.5% | +$35.2K |
|
|
ALOG
1642
DELISTED
Analogic Corp
ALOG
| $6.55M | ﹤0.01% |
79,848
+3,795
| +5% | +$307K |
|
1643
Otter Tail
OTTR
$3.87B
| $6.55M | ﹤0.01% |
251,214
+6,650
| +3% | +$176K |
|
1644
Buckle
BKE
$2.33B
| $6.54M | ﹤0.01% |
176,990
+7,932
| +5% | +$334K |
|
1645
Tennant Co
TNC
$1.18B
| $6.54M | ﹤0.01% |
116,419
+6,747
| +6% | +$401K |
|
1646
Repligen
RGEN
$9.35B
| $6.53M | ﹤0.01% |
234,568
+7,149
| +3% | +$258K |
|
|
MTOR
1647
DELISTED
MERITOR, Inc.
MTOR
| $6.52M | ﹤0.01% |
613,375
-65,920
| -10% | -$852K |
|
|
OME
1648
DELISTED
Omega Protein
OME
| $6.51M | ﹤0.01% |
383,844
-49,321
| -11% | -$768K |
|
1649
Oxford Industries
OXM
$538M
| $6.5M | ﹤0.01% |
88,027
+728
| +0.8% | +$60.4K |
|
1650
Movado Group
MOV
$815M
| $6.5M | ﹤0.01% |
251,641
+7,847
| +3% | +$204K |
|
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.