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 | |
|---|---|---|---|---|---|---|
|
MAGN
1851
Magnera Corp
MAGN
$443M
| $4.8M | ﹤0.01% |
21,461
+548
| +3% | +$136K |
|
1852
Wayfair
W
$14.1B
| $4.8M | ﹤0.01% |
136,813
+64,581
| +89% | +$2.48M |
|
|
UHT
1853
Universal Health Realty Income Trust
UHT
$573M
| $4.79M | ﹤0.01% |
102,090
-1,918
| -2% | -$91.3K |
|
1854
Primoris Services
PRIM
$4.39B
| $4.79M | ﹤0.01% |
267,175
+13,566
| +5% | +$244K |
|
1855
Photronics
PLAB
$1.97B
| $4.78M | ﹤0.01% |
527,210
+107,279
| +26% | +$942K |
|
|
BUFF
1856
DELISTED
Blue Buffalo Pet Products, Inc
BUFF
| $4.76M | ﹤0.01% |
+266,022
| New | +$6.53M |
|
1857
Teekay Tankers
TNK
$2.81B
| $4.76M | ﹤0.01% |
86,229
-1,159
| -1% | -$62.6K |
|
|
ANH
1858
DELISTED
Anworth Mortgage Asset Corporation
ANH
| $4.73M | ﹤0.01% |
958,146
+55,350
| +6% | +$282K |
|
|
GHL
1859
DELISTED
Greenhill & Co., Inc.
GHL
| $4.73M | ﹤0.01% |
166,135
+6,846
| +4% | +$251K |
|
1860
United Fire Group
UFCS
$1.37B
| $4.72M | ﹤0.01% |
134,603
+391
| +0.3% | +$13.5K |
|
1861
HEICO Corp
HEI
$52.1B
| $4.71M | ﹤0.01% |
235,222
-204,285
| -46% | -$4.45M |
|
|
AFFX
1862
DELISTED
Affymetrix Inc
AFFX
| $4.7M | ﹤0.01% |
550,263
-2,313
| -0.4% | -$23.1K |
|
|
UDF
1863
DELISTED
UNITED DEV FDG IV COM SHS OF BENE INT (TX)
UDF
| $4.7M | ﹤0.01% |
266,771
+7,914
| +3% | +$140K |
|
|
CSH
1864
DELISTED
CASH AMERICA INTERNATIONAL INC
CSH
| $4.68M | ﹤0.01% |
167,419
+1,383
| +0.8% | +$37K |
|
|
CRC
1865
DELISTED
California Resources Corporation
CRC
| $4.67M | ﹤0.01% |
179,806
+3,587
| +2% | +$141K |
|
1866
Tompkins Financial
TMP
$1.44B
| $4.66M | ﹤0.01% |
87,357
+842
| +1% | +$44.9K |
|
|
NCI
1867
DELISTED
Navigant Consulting, Inc.
NCI
| $4.65M | ﹤0.01% |
292,507
+11,543
| +4% | +$177K |
|
1868
Employers Holdings
EIG
$864M
| $4.65M | ﹤0.01% |
208,552
+2,074
| +1% | +$47.9K |
|
|
VASC
1869
DELISTED
Vascular Solutions Inc
VASC
| $4.64M | ﹤0.01% |
143,156
+17,842
| +14% | +$639K |
|
1870
Forum Energy Technologies
FET
$932M
| $4.64M | ﹤0.01% |
18,999
-300
| -2% | -$91.9K |
|
1871
TriMas Corp
TRS
$1.41B
| $4.63M | ﹤0.01% |
283,090
-69,242
| -20% | -$1.35M |
|
|
BRKL
1872
DELISTED
Brookline Bancorp
BRKL
| $4.63M | ﹤0.01% |
456,301
+8,298
| +2% | +$90.2K |
|
|
SBY
1873
DELISTED
Silver Bay Realty Trust Corp.
SBY
| $4.62M | ﹤0.01% |
288,488
-2,067
| -0.7% | -$33.6K |
|
|
CSFL
1874
DELISTED
CenterState Bank Corporation Common Stock
CSFL
| $4.58M | ﹤0.01% |
311,656
+798
| +0.3% | +$11.2K |
|
1875
8x8 Inc
EGHT
$290M
| $4.56M | ﹤0.01% |
551,772
+5,807
| +1% | +$48.1K |
|
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.