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 | |
|---|---|---|---|---|---|---|
|
REMY
1701
DELISTED
REMY INTL INC NEW COMMON
REMY
| $6.04M | ﹤0.01% |
206,612
+895
| +0.4% | +$25.5K |
|
|
INN
1702
Summit Hotel Properties
INN
$655M
| $6.04M | ﹤0.01% |
517,574
+8,366
| +2% | +$107K |
|
1703
Ryanair
RYAAY
$30.8B
| $6.04M | ﹤0.01% |
188,014
+74,071
| +65% | +$2.29M |
|
|
CNSL
1704
DELISTED
Consolidated Communications Holdings, Inc.
CNSL
| $6.02M | ﹤0.01% |
312,463
+17,101
| +6% | +$341K |
|
|
IRC
1705
DELISTED
INLAND REAL ESTATE CORP
IRC
| $6.01M | ﹤0.01% |
742,009
+1,995
| +0.3% | +$18.2K |
|
|
RKUS
1706
DELISTED
RUCKUS WIRELESS INC COM STK (DE)
RKUS
| $6M | ﹤0.01% |
504,647
+161,683
| +47% | +$1.82M |
|
|
VIVO
1707
DELISTED
Meridian Bioscience Inc
VIVO
| $5.99M | ﹤0.01% |
350,443
+52,481
| +18% | +$959K |
|
1708
Federal Signal
FSS
$7.71B
| $5.95M | ﹤0.01% |
434,162
+5,152
| +1% | +$73.2K |
|
1709
Gogo Inc
GOGO
$383M
| $5.95M | ﹤0.01% |
389,524
+15,426
| +4% | +$264K |
|
1710
City Holding Co
CHCO
$2.07B
| $5.95M | ﹤0.01% |
120,706
+1,740
| +1% | +$84.5K |
|
1711
Rogers Corp
ROG
$2.48B
| $5.93M | ﹤0.01% |
111,528
+642
| +0.6% | +$36.1K |
|
|
NP
1712
DELISTED
Neenah, Inc. Common Stock
NP
| $5.92M | ﹤0.01% |
101,613
+846
| +0.8% | +$49.6K |
|
|
DPLO
1713
DELISTED
DIPLOMAT PHARMACY, INC.
DPLO
| $5.92M | ﹤0.01% |
206,125
+2,376
| +1% | +$102K |
|
|
LOCK
1714
DELISTED
LifeLock, Inc.
LOCK
| $5.92M | ﹤0.01% |
675,813
+207,145
| +44% | +$2.04M |
|
1715
Andersons Inc
ANDE
$2.23B
| $5.92M | ﹤0.01% |
173,745
+366
| +0.2% | +$13.1K |
|
1716
Seaboard Corp
SEB
$4.02B
| $5.92M | ﹤0.01% |
1,922
+17
| +0.9% | +$56.5K |
|
|
ISCA
1717
DELISTED
International Speedway Corp
ISCA
| $5.92M | ﹤0.01% |
186,550
+15,213
| +9% | +$507K |
|
|
RP
1718
DELISTED
RealPage, Inc.
RP
| $5.92M | ﹤0.01% |
355,953
+14,696
| +4% | +$273K |
|
1719
Boise Cascade
BCC
$2.94B
| $5.9M | ﹤0.01% |
234,100
-21,372
| -8% | -$681K |
|
1720
Towne Bank
TOWN
$3.49B
| $5.89M | ﹤0.01% |
312,680
+13,050
| +4% | +$234K |
|
1721
First Interstate BancSystem
FIBK
$3.67B
| $5.89M | ﹤0.01% |
211,691
+8,560
| +4% | +$235K |
|
|
NXGN
1722
DELISTED
NextGen Healthcare, Inc. Common Stock
NXGN
| $5.89M | ﹤0.01% |
472,140
+103,286
| +28% | +$1.42M |
|
|
BRS
1723
DELISTED
Bristow Group, Inc.
BRS
| $5.87M | ﹤0.01% |
224,363
+18,949
| +9% | +$757K |
|
1724
MBIA
MBI
$254M
| $5.85M | ﹤0.01% |
963,112
+22,153
| +2% | +$142K |
|
1725
Aaon
AAON
$7.03B
| $5.84M | ﹤0.01% |
452,027
+18,320
| +4% | +$263K |
|
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.