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 | |
|---|---|---|---|---|---|---|
|
ORIT
1926
DELISTED
Oritani Financial Corp. New
ORIT
| $4.2M | ﹤0.01% |
269,095
+10,419
| +4% | +$162K |
|
|
PBY
1927
DELISTED
PEP BOYS MANNY MOE& JACK
PBY
| $4.2M | ﹤0.01% |
344,685
+4,757
| +1% | +$56.1K |
|
|
CDR
1928
DELISTED
Cedar Realty Trust, Inc
CDR
| $4.18M | ﹤0.01% |
102,007
-289
| -0.3% | -$12.4K |
|
|
RAVN
1929
DELISTED
Raven Industries Inc
RAVN
| $4.18M | ﹤0.01% |
246,529
+872
| +0.4% | +$16K |
|
|
CVT
1930
DELISTED
CVENT, INC.
CVT
| $4.16M | ﹤0.01% |
123,682
+6,030
| +5% | +$182K |
|
1931
Ethan Allen Interiors
ETD
$575M
| $4.16M | ﹤0.01% |
157,606
+1,285
| +0.8% | +$37.7K |
|
1932
Community Trust Bancorp
CTBI
$1.42B
| $4.16M | ﹤0.01% |
117,141
+3,305
| +3% | +$116K |
|
1933
Clearway Energy Class C
CWEN
$7.06B
| $4.15M | ﹤0.01% |
+357,207
| New | +$6.17M |
|
|
ICON
1934
DELISTED
Iconix Brand Group, Inc.
ICON
| $4.14M | ﹤0.01% |
30,645
-3,509
| -10% | -$608K |
|
1935
Kadant
KAI
$3.94B
| $4.12M | ﹤0.01% |
105,642
+216
| +0.2% | +$9.51K |
|
1936
Greenlight Captial
GLRE
$505M
| $4.12M | ﹤0.01% |
184,798
+1,446
| +0.8% | +$37.9K |
|
|
ADPT
1937
DELISTED
Adeptus Health Inc
ADPT
| $4.12M | ﹤0.01% |
50,959
+10,497
| +26% | +$1.08M |
|
1938
Astec Industries
ASTE
$994M
| $4.11M | ﹤0.01% |
122,765
+5,228
| +4% | +$198K |
|
|
NEWR
1939
DELISTED
New Relic, Inc.
NEWR
| $4.11M | ﹤0.01% |
107,788
+67,475
| +167% | +$2.39M |
|
|
AVX
1940
DELISTED
AVX Corporation
AVX
| $4.11M | ﹤0.01% |
313,793
+3,434
| +1% | +$44.7K |
|
1941
MaxLinear
MXL
$6.74B
| $4.1M | ﹤0.01% |
329,775
-12,708
| -4% | -$140K |
|
|
FFG
1942
DELISTED
FBL Financial Group
FFG
| $4.08M | ﹤0.01% |
66,326
+481
| +0.7% | +$27.7K |
|
|
WIRE
1943
DELISTED
Encore Wire Corp
WIRE
| $4.07M | ﹤0.01% |
124,702
+8,197
| +7% | +$290K |
|
|
USCR
1944
DELISTED
U S Concrete, Inc.
USCR
| $4.07M | ﹤0.01% |
85,278
+5,437
| +7% | +$257K |
|
|
RFP
1945
DELISTED
Resolute Forest Products Inc.
RFP
| $4.07M | ﹤0.01% |
489,770
+13,096
| +3% | +$127K |
|
|
WIN
1946
DELISTED
Windstream Holdings Inc
WIN
| $4.07M | ﹤0.01% |
+132,465
| New | +$4.13M |
|
|
DHIL
1947
DELISTED
Diamond Hill
DHIL
| $4.06M | ﹤0.01% |
21,842
+2,174
| +11% | +$419K |
|
|
CALY
1948
Callaway Golf Company
CALY
$2.95B
| $4.06M | ﹤0.01% |
486,692
+26,307
| +6% | +$230K |
|
|
RENT
1949
DELISTED
RENTRAK CORP
RENT
| $4.06M | ﹤0.01% |
75,159
+1,400
| +2% | +$78.6K |
|
|
HTLF
1950
DELISTED
Heartland Financial USA, Inc.
HTLF
| $4.04M | ﹤0.01% |
111,392
+4,323
| +4% | +$159K |
|
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.