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 | |
|---|---|---|---|---|---|---|
|
DVAX
1726
DELISTED
Dynavax Technologies
DVAX
| $5.84M | ﹤0.01% |
238,014
+59,175
| +33% | +$1.68M |
|
1727
Standex International
SXI
$4B
| $5.84M | ﹤0.01% |
77,498
+646
| +0.8% | +$49.5K |
|
|
VSI
1728
DELISTED
Vitamin Shoppe Inc.
VSI
| $5.84M | ﹤0.01% |
178,930
+2,054
| +1% | +$73.2K |
|
|
IPCC
1729
DELISTED
Infinity Property & Casualty C
IPCC
| $5.83M | ﹤0.01% |
72,450
+734
| +1% | +$57.1K |
|
1730
Resources Connection
RGP
$144M
| $5.81M | ﹤0.01% |
385,865
+15,210
| +4% | +$241K |
|
|
OMG
1731
DELISTED
OM GROUP INC.
OMG
| $5.8M | ﹤0.01% |
194,925
+12,630
| +7% | +$426K |
|
|
MTSC
1732
DELISTED
MTS Systems Corp
MTSC
| $5.8M | ﹤0.01% |
96,536
+841
| +0.9% | +$52K |
|
|
BFX
1733
DELISTED
BowFlex Inc.
BFX
| $5.8M | ﹤0.01% |
386,735
+93,263
| +32% | +$1.67M |
|
1734
E.W. Scripps
SSP
$314M
| $5.79M | ﹤0.01% |
327,801
+12,937
| +4% | +$251K |
|
|
UPL
1735
DELISTED
Ultra Petroleum Corp. Common Stock
UPL
| $5.79M | ﹤0.01% |
906,524
+7,524
| +0.8% | +$59.5K |
|
1736
Inogen
INGN
$154M
| $5.76M | ﹤0.01% |
118,757
+10,399
| +10% | +$494K |
|
|
RPT.PRD
1737
DELISTED
RPT Realty 7.25% Series D Cumulative Convertible Perpetual Preferred Shares of Beneficial Interest
RPT.PRD
| – | – |
0
| – | – |
|
|
KKD
1738
DELISTED
KRISPY KREME DOUGHNUTS INC
KKD
| $5.76M | ﹤0.01% |
393,464
+14,980
| +4% | +$263K |
|
1739
Hyster-Yale Materials Handling
HY
$614M
| $5.75M | ﹤0.01% |
99,428
+133
| +0.1% | +$8.49K |
|
1740
ESCO Technologies
ESE
$7.78B
| $5.74M | ﹤0.01% |
159,895
+5,188
| +3% | +$191K |
|
|
XXIA
1741
DELISTED
Ixia
XXIA
| $5.74M | ﹤0.01% |
396,077
+4,014
| +1% | +$57.2K |
|
1742
PTC Therapeutics
PTCT
$6.06B
| $5.72M | ﹤0.01% |
214,143
+55,661
| +35% | +$2.38M |
|
|
IMGN
1743
DELISTED
Immunogen Inc
IMGN
| $5.69M | ﹤0.01% |
592,500
+21,032
| +4% | +$307K |
|
|
SNR
1744
DELISTED
NEW SENIOR INVESTMENT GROUP INC.
SNR
| $5.68M | ﹤0.01% |
543,509
+146,573
| +37% | +$1.78M |
|
|
TBI
1745
Trueblue
TBI
$302M
| $5.68M | ﹤0.01% |
252,921
+10,643
| +4% | +$273K |
|
|
FOE
1746
DELISTED
Ferro Corporation
FOE
| $5.65M | ﹤0.01% |
516,370
+15,991
| +3% | +$217K |
|
1747
Enpro
NPO
$7.23B
| $5.64M | ﹤0.01% |
143,992
+839
| +0.6% | +$40.7K |
|
|
STAY
1748
DELISTED
Extended Stay America, Inc. Paired Share Unit
STAY
| $5.63M | ﹤0.01% |
335,875
+4,360
| +1% | +$79.9K |
|
1749
Encore Capital Group
ECPG
$2.07B
| $5.63M | ﹤0.01% |
152,262
+1,215
| +0.8% | +$49.6K |
|
|
FINL
1750
DELISTED
Finish Line
FINL
| $5.63M | ﹤0.01% |
291,884
+1,349
| +0.5% | +$35.7K |
|
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.