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 | |
|---|---|---|---|---|---|---|
|
CEMP
1676
DELISTED
Cempra, Inc.
CEMP
| $6.23M | ﹤0.01% |
223,799
+14,004
| +7% | +$520K |
|
|
TIVO
1677
DELISTED
Tivo Inc
TIVO
| $6.22M | ﹤0.01% |
593,320
-7,568
| -1% | -$91.5K |
|
1678
MasTec
MTZ
$22.6B
| $6.21M | ﹤0.01% |
392,334
+5,619
| +1% | +$97.9K |
|
1679
REX American Resources
REX
$1.44B
| $6.21M | ﹤0.01% |
735,552
+108,168
| +17% | +$966K |
|
1680
Thomson Reuters
TRI
$44.5B
| $6.2M | ﹤0.01% |
132,860
+3,516
| +3% | +$160K |
|
|
BOBE
1681
DELISTED
Bob Evans Farms, Inc.
BOBE
| $6.2M | ﹤0.01% |
142,966
-2,155
| -1% | -$102K |
|
1682
Smith & Wesson
SWBI
$636M
| $6.19M | ﹤0.01% |
477,410
+30,355
| +7% | +$396K |
|
|
ABAX
1683
DELISTED
Abaxis Inc
ABAX
| $6.19M | ﹤0.01% |
140,665
+1,891
| +1% | +$92.9K |
|
1684
iShares MSCI Emerging Markets ETF
EEM
$30.4B
| – | – |
0
| – | – |
|
1685
Qualys
QLYS
$6.47B
| $6.17M | ﹤0.01% |
216,939
-18,699
| -8% | -$627K |
|
|
NXTM
1686
DELISTED
NxStage Medical Inc.
NXTM
| $6.16M | ﹤0.01% |
390,775
+16,629
| +4% | +$267K |
|
1687
Coca-Cola Consolidated
COKE
$12.6B
| $6.16M | ﹤0.01% |
318,500
-680
| -0.2% | -$11.1K |
|
|
ZLTQ
1688
DELISTED
ZELTIQ Aesthetics, Inc.
ZLTQ
| $6.14M | ﹤0.01% |
191,708
+7,249
| +4% | +$240K |
|
|
MDR
1689
DELISTED
McDermott International
MDR
| $6.11M | ﹤0.01% |
473,523
+2,922
| +0.6% | +$40.1K |
|
1690
Quaker Houghton
KWR
$2.91B
| $6.1M | ﹤0.01% |
79,133
+839
| +1% | +$69.3K |
|
|
BPFH
1691
DELISTED
Boston Private Financial Holdings, Inc.
BPFH
| $6.09M | ﹤0.01% |
520,385
+4,425
| +0.9% | +$54.6K |
|
|
IRBT
1692
DELISTED
iRobot
IRBT
| $6.09M | ﹤0.01% |
208,872
+23,777
| +13% | +$723K |
|
|
ECOL
1693
DELISTED
US Ecology, Inc.
ECOL
| $6.07M | ﹤0.01% |
139,167
+1,741
| +1% | +$82.8K |
|
|
SAFE
1694
Safehold
SAFE
$1.09B
| $6.07M | ﹤0.01% |
99,130
-8,430
| -8% | -$528K |
|
1695
LendingTree
TREE
$444M
| $6.07M | ﹤0.01% |
65,228
+15,108
| +30% | +$1.53M |
|
|
TERP
1696
DELISTED
TerraForm Power, Inc
TERP
| $6.07M | ﹤0.01% |
426,611
+48,203
| +13% | +$1.29M |
|
|
ALDR
1697
DELISTED
Alder Biopharmaceuticals
ALDR
| $6.06M | ﹤0.01% |
185,041
+62,144
| +51% | +$2.64M |
|
|
FNFV
1698
DELISTED
Fidelity Natl Financial, Inc.
FNFV
| $6.05M | ﹤0.01% |
516,226
-15,905
| -3% | -$231K |
|
|
SFBS
1699
ServisFirst Bancshares
SFBS
$4.95B
| $6.05M | ﹤0.01% |
291,338
+181,318
| +165% | +$3.54M |
|
|
DENN
1700
DELISTED
Denny's
DENN
| $6.05M | ﹤0.01% |
548,288
+10,221
| +2% | +$119K |
|
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.