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 | |
|---|---|---|---|---|---|---|
|
ELNK
1801
DELISTED
EarthLink Holdings Corp.
ELNK
| $5.2M | ﹤0.01% |
668,910
-26,757
| -4% | -$218K |
|
|
EIGI
1802
DELISTED
Endurance International Group Holdings, Inc.
EIGI
| $5.2M | ﹤0.01% |
389,378
+3,928
| +1% | +$67.5K |
|
|
DNR
1803
DELISTED
Denbury Resources, Inc.
DNR
| $5.2M | ﹤0.01% |
2,129,307
-56,191
| -3% | -$217K |
|
|
IPHS
1804
DELISTED
Innophos Holdings, Inc.
IPHS
| $5.19M | ﹤0.01% |
130,936
-2,805
| -2% | -$136K |
|
1805
Central Garden & Pet Co Class A
CENTA
$2.43B
| $5.17M | ﹤0.01% |
401,425
+52,931
| +15% | +$536K |
|
|
EGRX
1806
DELISTED
Eagle Pharmaceuticals, Inc.
EGRX
| $5.17M | ﹤0.01% |
69,809
+4,569
| +7% | +$380K |
|
1807
First Commonwealth Financial
FCF
$2.18B
| $5.16M | ﹤0.01% |
567,646
+21,897
| +4% | +$200K |
|
1808
Heron Therapeutics
HRTX
$64.7M
| $5.15M | ﹤0.01% |
211,006
+12,956
| +7% | +$432K |
|
|
EBSB
1809
DELISTED
Meridian Bancorp, Inc.
EBSB
| $5.14M | ﹤0.01% |
376,347
+181,701
| +93% | +$2.37M |
|
1810
Safety Insurance
SAFT
$1.52B
| $5.14M | ﹤0.01% |
94,929
-1,444
| -1% | -$80.5K |
|
1811
Hanmi Financial
HAFC
$956M
| $5.13M | ﹤0.01% |
203,567
+2,450
| +1% | +$61.1K |
|
|
NTK
1812
DELISTED
NORTEK INC COM NEW (DE)
NTK
| $5.11M | ﹤0.01% |
80,668
+1,772
| +2% | +$139K |
|
1813
Azenta
AZTA
$1.47B
| $5.1M | ﹤0.01% |
435,561
+5,059
| +1% | +$54.5K |
|
|
ITG
1814
DELISTED
Investment Technology Group Inc
ITG
| $5.1M | ﹤0.01% |
382,265
+19,016
| +5% | +$352K |
|
1815
FerroAtlántica
GSM
$832M
| $5.06M | ﹤0.01% |
417,420
+7,621
| +2% | +$113K |
|
|
STBZ
1816
DELISTED
State Bank Financial Corporation. Common Stock
STBZ
| $5.06M | ﹤0.01% |
244,600
+1,180
| +0.5% | +$24.3K |
|
|
NTRI
1817
DELISTED
NutriSystem, Inc.
NTRI
| $5.06M | ﹤0.01% |
190,715
-1,761
| -0.9% | -$48.2K |
|
|
KG
1818
Kestrel Group
KG
$66.3M
| $5.05M | ﹤0.01% |
18,210
+86
| +0.5% | +$26.4K |
|
1819
StoneX
SNEX
$8.37B
| $5.05M | ﹤0.01% |
1,036,856
+120,883
| +13% | +$677K |
|
|
FPO
1820
DELISTED
First Potomac Realty Trust
FPO
| $5.04M | ﹤0.01% |
458,327
-1,649
| -0.4% | -$18.1K |
|
|
STNR
1821
DELISTED
STEINER LEISURE LTD
STNR
| $5.04M | ﹤0.01% |
79,730
-720
| -0.9% | -$42.7K |
|
|
BGG
1822
DELISTED
Briggs & Stratton Corp.
BGG
| $5.01M | ﹤0.01% |
259,758
+16,351
| +7% | +$313K |
|
1823
Chesapeake Utilities
CPK
$3.25B
| $5.01M | ﹤0.01% |
94,432
+3,489
| +4% | +$178K |
|
|
ILG
1824
DELISTED
ILG, Inc Common Stock
ILG
| $5M | ﹤0.01% |
272,380
+15,648
| +6% | +$324K |
|
|
BLOX
1825
DELISTED
Infoblox Inc
BLOX
| $5M | ﹤0.01% |
312,701
+1,238
| +0.4% | +$27K |
|
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.