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 | |
|---|---|---|---|---|---|---|
1976
Strategic Education
STRA
$1.81B
| $3.92M | ﹤0.01% |
71,228
-727
| -1% | -$37.2K |
|
|
BMTC
1977
DELISTED
Bryn Mawr Bank Corp
BMTC
| $3.91M | ﹤0.01% |
125,855
+1,919
| +2% | +$57.3K |
|
|
ATRI
1978
DELISTED
Atrion Corp
ATRI
| $3.91M | ﹤0.01% |
10,424
-547
| -5% | -$212K |
|
1979
Customers Bancorp
CUBI
$2.8B
| $3.91M | ﹤0.01% |
152,011
+68,728
| +83% | +$1.75M |
|
|
AMTG
1980
DELISTED
APOLLO RESIDENTIAL MTG INC COM STK
AMTG
| $3.9M | ﹤0.01% |
308,146
+580
| +0.2% | +$8.23K |
|
1981
Heritage Financial
HFWA
$1.22B
| $3.89M | ﹤0.01% |
206,550
+164,104
| +387% | +$2.97M |
|
|
THR
1982
DELISTED
Thermon Group Holdings
THR
| $3.88M | ﹤0.01% |
188,826
+1,553
| +0.8% | +$35.9K |
|
|
LHCG
1983
DELISTED
LHC Group LLC
LHCG
| $3.88M | ﹤0.01% |
86,556
+6,161
| +8% | +$271K |
|
|
PGTI
1984
DELISTED
PGT, Inc.
PGTI
| $3.87M | ﹤0.01% |
315,338
+15,347
| +5% | +$213K |
|
|
GTLS
1985
DELISTED
Chart Industries
GTLS
| $3.87M | ﹤0.01% |
201,257
+15,076
| +8% | +$397K |
|
|
NVRO
1986
DELISTED
NEVRO CORP.
NVRO
| $3.85M | ﹤0.01% |
83,099
+1,871
| +2% | +$90.7K |
|
|
AIMC
1987
DELISTED
Altra Industrial Motion Corp
AIMC
| $3.85M | ﹤0.01% |
166,693
+1,476
| +0.9% | +$37K |
|
1988
CTS Corp
CTS
$1.82B
| $3.83M | ﹤0.01% |
206,771
+2,459
| +1% | +$46K |
|
1989
GoDaddy
GDDY
$11.6B
| $3.81M | ﹤0.01% |
+151,217
| New | +$3.95M |
|
|
CONN
1990
DELISTED
Conn's Inc.
CONN
| $3.81M | ﹤0.01% |
158,605
+2,166
| +1% | +$70.8K |
|
|
GTS
1991
DELISTED
Triple-S Management Corporation
GTS
| $3.81M | ﹤0.01% |
225,007
+28,192
| +14% | +$579K |
|
|
TDAY
1992
USA Today Co
TDAY
$1.01B
| $3.81M | ﹤0.01% |
246,339
+2,945
| +1% | +$47.2K |
|
|
TRST
1993
Trustco Bank Corp NY
TRST
$963M
| $3.81M | ﹤0.01% |
130,357
+7,167
| +6% | +$223K |
|
1994
Atara Biotherapeutics
ATRA
$83.1M
| $3.8M | ﹤0.01% |
4,836
+2,259
| +88% | +$2.76M |
|
1995
Larimar Therapeutics
LRMR
$454M
| $3.79M | ﹤0.01% |
9,885
+2,294
| +30% | +$1.03M |
|
|
CBPX
1996
DELISTED
CONTINENTAL BUILDING PRODUCTS, INC.
CBPX
| $3.77M | ﹤0.01% |
183,834
+2,208
| +1% | +$46.3K |
|
1997
AtriCure
ATRC
$2.22B
| $3.76M | ﹤0.01% |
171,649
+3,290
| +2% | +$82.2K |
|
1998
Stride
LRN
$3.27B
| $3.76M | ﹤0.01% |
302,143
+7,631
| +3% | +$102K |
|
|
KE
1999
Kimball Electronics
KE
$606M
| $3.76M | ﹤0.01% |
314,990
-270
| -0.1% | -$3.34K |
|
|
CAMP
2000
DELISTED
CalAmp Corp.
CAMP
| $3.75M | ﹤0.01% |
10,134
+425
| +4% | +$167K |
|
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.