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 | |
|---|---|---|---|---|---|---|
1876
Travere Therapeutics
TVTX
$5.86B
| $4.55M | ﹤0.01% |
224,681
+3,373
| +2% | +$99.9K |
|
1877
TherapeuticsMD
TXMD
$24.1M
| $4.55M | ﹤0.01% |
15,537
+792
| +5% | +$282K |
|
1878
UNIFI
UFI
$127M
| $4.55M | ﹤0.01% |
152,708
+20,743
| +16% | +$630K |
|
1879
Washington Trust Bancorp
WASH
$750M
| $4.54M | ﹤0.01% |
118,034
+1,870
| +2% | +$73.4K |
|
|
WAIR
1880
DELISTED
WESCO Aircraft Holdings Inc.
WAIR
| $4.53M | ﹤0.01% |
371,391
+24,186
| +7% | +$339K |
|
|
SASR
1881
DELISTED
Sandy Spring Bancorp Inc
SASR
| $4.52M | ﹤0.01% |
172,637
+5,236
| +3% | +$140K |
|
1882
Kosmos Energy
KOS
$1.49B
| $4.51M | ﹤0.01% |
808,487
+116,260
| +17% | +$806K |
|
1883
Tootsie Roll Industries
TR
$3.05B
| $4.51M | ﹤0.01% |
199,514
+1,643
| +0.8% | +$37.8K |
|
|
OSG
1884
Octave Specialty Group
OSG
$210M
| $4.5M | ﹤0.01% |
311,140
+17,365
| +6% | +$282K |
|
|
DCOM
1885
DELISTED
Dime Community Bancshares
DCOM
| $4.49M | ﹤0.01% |
265,493
+15,260
| +6% | +$259K |
|
1886
Standard Motor Products
SMP
$877M
| $4.48M | ﹤0.01% |
128,339
+5,051
| +4% | +$176K |
|
|
SUM
1887
DELISTED
Summit Materials, Inc. Class A Common Stock
SUM
| $4.47M | ﹤0.01% |
252,243
+97,416
| +63% | +$2.24M |
|
1888
Kforce
KFRC
$1.03B
| $4.47M | ﹤0.01% |
170,045
-2,027
| -1% | -$51.8K |
|
1889
Hecla Mining
HL
$12.2B
| $4.47M | ﹤0.01% |
2,267,570
+18,793
| +0.8% | +$40K |
|
|
CIR
1890
DELISTED
CIRCOR International, Inc
CIR
| $4.45M | ﹤0.01% |
110,944
+8,353
| +8% | +$388K |
|
|
EBIX
1891
DELISTED
Ebix Inc
EBIX
| $4.43M | ﹤0.01% |
177,673
-9,063
| -5% | -$268K |
|
1892
Universal Electronics
UEIC
$75.8M
| $4.43M | ﹤0.01% |
105,328
+3,676
| +4% | +$175K |
|
|
SLCA
1893
DELISTED
U.S. SILICA HOLDINGS, INC.
SLCA
| $4.42M | ﹤0.01% |
313,998
+2,615
| +0.8% | +$55.8K |
|
1894
Virtus Investment Partners
VRTS
$1.12B
| $4.42M | ﹤0.01% |
43,990
+338
| +0.8% | +$38.9K |
|
1895
Helios Technologies
HLIO
$2.67B
| $4.42M | ﹤0.01% |
160,887
+6,840
| +4% | +$224K |
|
|
NEWP
1896
DELISTED
NEWPORT CORP
NEWP
| $4.41M | ﹤0.01% |
320,938
+8,654
| +3% | +$136K |
|
|
RSE
1897
DELISTED
ROUSE PPTYS INC COM (DE)
RSE
| $4.4M | ﹤0.01% |
282,546
+1,794
| +0.6% | +$30K |
|
1898
Green Dot
GDOT
$766M
| $4.39M | ﹤0.01% |
249,641
-11,391
| -4% | -$212K |
|
|
SCMP
1899
DELISTED
Sucampo Pharmaceuticals, Inc.
SCMP
| $4.39M | ﹤0.01% |
220,948
+12,713
| +6% | +$291K |
|
1900
Enviri
NVRI
$583M
| $4.38M | ﹤0.01% |
483,519
+6,572
| +1% | +$82.9K |
|
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.