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 | |
|---|---|---|---|---|---|---|
|
BKS
1901
DELISTED
Barnes & Noble
BKS
| $4.38M | ﹤0.01% |
361,943
-279,621
| -44% | -$4.49M |
|
|
CVGW
1902
DELISTED
Calavo Growers
CVGW
| $4.38M | ﹤0.01% |
98,159
+884
| +0.9% | +$46.1K |
|
|
IPHI
1903
DELISTED
INPHI CORPORATION
IPHI
| $4.36M | ﹤0.01% |
181,556
+7,864
| +5% | +$180K |
|
|
UBNK
1904
DELISTED
United Financial Bancorp, Inc.
UBNK
| $4.36M | ﹤0.01% |
334,271
+26,810
| +9% | +$352K |
|
1905
Kulicke & Soffa
KLIC
$4.98B
| $4.36M | ﹤0.01% |
474,995
+55,820
| +13% | +$575K |
|
1906
Nordic American Tanker
NAT
$1.36B
| $4.36M | ﹤0.01% |
288,874
-27,621
| -9% | -$411K |
|
1907
Green Plains
GPRE
$1.06B
| $4.34M | ﹤0.01% |
223,231
-158,010
| -41% | -$3.49M |
|
|
ISSI
1908
DELISTED
INTEGRATED SILICON SOLUTN INC
ISSI
| $4.34M | ﹤0.01% |
202,068
+5,430
| +3% | +$119K |
|
|
CYNO
1909
DELISTED
Cynosure, Inc. Class A
CYNO
| $4.33M | ﹤0.01% |
144,048
-1,636
| -1% | -$58.8K |
|
|
ONIT
1910
Onity Group
ONIT
$321M
| $4.33M | ﹤0.01% |
42,980
+484
| +1% | +$61.3K |
|
|
DEL
1911
DELISTED
Deltic Timber
DEL
| $4.32M | ﹤0.01% |
72,288
+3,773
| +6% | +$241K |
|
1912
World Acceptance Corp
WRLD
$884M
| $4.32M | ﹤0.01% |
161,019
+37,657
| +31% | +$1.6M |
|
1913
Southside Bancshares
SBSI
$979M
| $4.31M | ﹤0.01% |
168,436
+6,119
| +4% | +$154K |
|
|
ZOES
1914
DELISTED
Zoe's Kitchen, Inc.
ZOES
| $4.31M | ﹤0.01% |
109,101
+9,672
| +10% | +$377K |
|
|
PHH
1915
DELISTED
PHH Corporation
PHH
| $4.3M | ﹤0.01% |
304,601
-6,688
| -2% | -$131K |
|
|
GTT
1916
DELISTED
GTT Communications, Inc.
GTT
| $4.29M | ﹤0.01% |
184,582
+162,216
| +725% | +$3.79M |
|
1917
AAR Corp
AIR
$5.96B
| $4.29M | ﹤0.01% |
226,122
+2,292
| +1% | +$59.4K |
|
1918
McGrath RentCorp
MGRC
$2.94B
| $4.29M | ﹤0.01% |
160,714
+6,423
| +4% | +$171K |
|
|
INVN
1919
DELISTED
Invensense Inc
INVN
| $4.29M | ﹤0.01% |
461,267
+3,863
| +0.8% | +$43.4K |
|
1920
Patrick Industries
PATK
$2.79B
| $4.28M | ﹤0.01% |
244,163
+1,910
| +0.8% | +$33.7K |
|
|
FFIC
1921
DELISTED
Flushing Financial
FFIC
| $4.28M | ﹤0.01% |
213,902
+419
| +0.2% | +$8.57K |
|
|
LBY
1922
DELISTED
Libbey, Inc.
LBY
| $4.26M | ﹤0.01% |
130,643
+943
| +0.7% | +$34.4K |
|
1923
Alamo Group
ALG
$2.01B
| $4.26M | ﹤0.01% |
91,061
+977
| +1% | +$49.3K |
|
1924
Orthofix Medical
OFIX
$424M
| $4.24M | ﹤0.01% |
125,528
+6,395
| +5% | +$228K |
|
|
LORL
1925
DELISTED
Loral Space and Communications, Inc.
LORL
| $4.22M | ﹤0.01% |
89,720
+1,451
| +2% | +$85.5K |
|
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.