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 | |
|---|---|---|---|---|---|---|
|
SFR
1776
DELISTED
Starwood Waypoint Homes
SFR
| $5.37M | ﹤0.01% |
225,442
+2,388
| +1% | +$58.5K |
|
1777
Cooper-Standard Automotive
CPS
$490M
| $5.37M | ﹤0.01% |
92,618
+9,417
| +11% | +$566K |
|
|
CLDT
1778
Chatham Lodging
CLDT
$590M
| $5.36M | ﹤0.01% |
249,696
+2,843
| +1% | +$70.5K |
|
1779
Builders FirstSource
BLDR
$7.79B
| $5.34M | ﹤0.01% |
421,556
+89,816
| +27% | +$1.28M |
|
1780
The Greenbrier Companies
GBX
$1.41B
| $5.34M | ﹤0.01% |
166,432
+22,972
| +16% | +$963K |
|
1781
National CineMedia
NCMI
$208M
| $5.33M | ﹤0.01% |
39,756
+1,881
| +5% | +$271K |
|
1782
Stewart Information Services
STC
$2B
| $5.33M | ﹤0.01% |
130,450
+2,073
| +2% | +$82.3K |
|
1783
Albany International
AIN
$1.81B
| $5.33M | ﹤0.01% |
186,233
+2,069
| +1% | +$70.1K |
|
1784
SiriusPoint
SPNT
$2.66B
| $5.32M | ﹤0.01% |
395,624
+4,036
| +1% | +$57.5K |
|
1785
Babcock & Wilcox
BW
$1.46B
| $5.32M | ﹤0.01% |
+31,666
| New | +$5.84M |
|
|
PRAH
1786
DELISTED
PRA Health Sciences, Inc.
PRAH
| $5.31M | ﹤0.01% |
136,794
+9,398
| +7% | +$376K |
|
|
LUMO
1787
DELISTED
Lumos Pharma, Inc. Common Stock
LUMO
| $5.31M | ﹤0.01% |
16,462
+593
| +4% | +$261K |
|
|
ELGX
1788
DELISTED
Endologix Inc
ELGX
| $5.3M | ﹤0.01% |
43,247
+467
| +1% | +$63.4K |
|
|
FNHC
1789
DELISTED
FedNat Holding Company Common Stock
FNHC
| $5.3M | ﹤0.01% |
220,673
+17,157
| +8% | +$401K |
|
|
NVO
1790
Novo Nordisk
NVO
$203B
| $5.3M | ﹤0.01% |
195,422
-4,384
| -2% | -$124K |
|
1791
Terreno Realty
TRNO
$7.48B
| $5.29M | ﹤0.01% |
269,595
+2,119
| +0.8% | +$43.4K |
|
|
TIVO
1792
DELISTED
TIVO INC
TIVO
| $5.29M | ﹤0.01% |
610,976
-57,339
| -9% | -$544K |
|
|
CRAY
1793
DELISTED
Cray, Inc.
CRAY
| $5.28M | ﹤0.01% |
266,344
+9,945
| +4% | +$231K |
|
|
LDRH
1794
DELISTED
LDR HOLDINGS CORP COM STK
LDRH
| $5.27M | ﹤0.01% |
152,594
+54,711
| +56% | +$2.23M |
|
1795
Advanced Drainage Systems
WMS
$10.6B
| $5.26M | ﹤0.01% |
181,845
+26,388
| +17% | +$764K |
|
1796
Veeco
VECO
$3.26B
| $5.24M | ﹤0.01% |
255,660
+3,605
| +1% | +$87.1K |
|
1797
Ameris Bancorp
ABCB
$5.94B
| $5.23M | ﹤0.01% |
182,075
+5,242
| +3% | +$142K |
|
|
CCC
1798
DELISTED
Calgon Carbon Corp
CCC
| $5.21M | ﹤0.01% |
334,500
+2,051
| +0.6% | +$34.3K |
|
1799
Flotek Industries
FTK
$1.35B
| $5.21M | ﹤0.01% |
51,999
+2,103
| +4% | +$213K |
|
|
BFS
1800
Saul Centers
BFS
$850M
| $5.21M | ﹤0.01% |
100,629
+1,413
| +1% | +$72K |
|
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.