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 | |
|---|---|---|---|---|---|---|
|
BSFT
1751
DELISTED
BroadSoft, Inc.
BSFT
| $5.62M | ﹤0.01% |
187,721
+1,130
| +0.6% | +$36.8K |
|
|
HMSY
1752
DELISTED
HMS Holdings Corp.
HMSY
| $5.62M | ﹤0.01% |
640,334
+91,779
| +17% | +$1.02M |
|
1753
Brady Corp
BRC
$4.48B
| $5.61M | ﹤0.01% |
285,481
+2,537
| +0.9% | +$57.3K |
|
|
MACK
1754
DELISTED
Merrimack Pharmaceuticals, Inc.
MACK
| $5.61M | ﹤0.01% |
83,823
-1,740
| -2% | -$142K |
|
1755
Lakeland Financial Corp
LKFN
$1.55B
| $5.6M | ﹤0.01% |
186,060
+3,774
| +2% | +$106K |
|
|
PMC
1756
DELISTED
PharMerica Corporation
PMC
| $5.58M | ﹤0.01% |
196,027
+7,182
| +4% | +$241K |
|
1757
Rexford Industrial Realty
REXR
$8.11B
| $5.58M | ﹤0.01% |
404,392
-2,168
| -0.5% | -$30.2K |
|
|
CFNL
1758
DELISTED
Cardinal Financial Corp
CFNL
| $5.58M | ﹤0.01% |
242,300
+18,619
| +8% | +$424K |
|
1759
Rush Enterprises Class A
RUSHA
$9.41B
| $5.56M | ﹤0.01% |
516,614
+31,908
| +7% | +$356K |
|
|
MODV
1760
DELISTED
ModivCare
MODV
| $5.55M | ﹤0.01% |
127,409
-4,634
| -4% | -$212K |
|
|
HIBB
1761
DELISTED
Hibbett, Inc. Common Stock
HIBB
| $5.55M | ﹤0.01% |
158,542
+2,134
| +1% | +$89.1K |
|
|
NFBK
1762
DELISTED
Northfield Bancorp
NFBK
| $5.55M | ﹤0.01% |
364,878
-1,505
| -0.4% | -$22.8K |
|
1763
Liberty Latin America Class C
LILAK
$1.67B
| $5.52M | ﹤0.01% |
+188,587
| New | +$6.39M |
|
|
CUB
1764
DELISTED
Cubic Corporation
CUB
| $5.52M | ﹤0.01% |
131,581
+1,425
| +1% | +$61.7K |
|
|
RSTI
1765
DELISTED
Rofin-Sinar Technologies Inc
RSTI
| $5.51M | ﹤0.01% |
212,652
+14,491
| +7% | +$368K |
|
|
SRCI
1766
DELISTED
SRC Energy Inc
SRCI
| $5.5M | ﹤0.01% |
561,042
+12,380
| +2% | +$126K |
|
|
HTWR
1767
DELISTED
HEARTWARE INTERNATIONAL INC COM STK (DE)
HTWR
| $5.49M | ﹤0.01% |
104,993
+1,218
| +1% | +$92.5K |
|
|
BEL
1768
DELISTED
Belmond Ltd.
BEL
| $5.48M | ﹤0.01% |
542,498
+19,813
| +4% | +$228K |
|
1769
Clearwater Paper
CLW
$356M
| $5.47M | ﹤0.01% |
115,829
+1,156
| +1% | +$62.1K |
|
|
DMND
1770
DELISTED
DIAMOND FOODS, INC.
DMND
| $5.45M | ﹤0.01% |
176,561
+17,267
| +11% | +$541K |
|
1771
Coherent
COHR
$69.6B
| $5.44M | ﹤0.01% |
338,487
+1,290
| +0.4% | +$22.2K |
|
1772
Diodes
DIOD
$4.93B
| $5.43M | ﹤0.01% |
254,121
+2,143
| +0.9% | +$46.2K |
|
1773
MannKind Corp
MNKD
$1.24B
| $5.42M | ﹤0.01% |
337,974
+711
| +0.2% | +$15.1K |
|
|
ARR
1774
Armour Residential REIT
ARR
$2.36B
| $5.42M | ﹤0.01% |
54,046
+602
| +1% | +$65.3K |
|
|
BBT
1775
Beacon Financial Corp
BBT
$2.69B
| $5.38M | ﹤0.01% |
195,183
+2,244
| +1% | +$63.5K |
|
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.