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 |
Alphabet (Google) Class A
GOOGL
|
+$1.81B |
| 2 |
Hewlett Packard
HPE
|
+$201M |
| 3 |
Synchrony
SYF
|
+$198M |
| 4 |
Comcast
CMCSA
|
+$169M |
| 5 |
Illumina
ILMN
|
+$56.4M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Alphabet (Google) Class C
GOOG
|
+$1.69B |
| 2 |
HP
HPQ
|
+$238M |
| 3 |
CMCSK
COMCAST CORP SPL A (NEW)
CMCSK
|
+$172M |
| 4 |
GE Aerospace
GE
|
+$157M |
| 5 |
SIAL
SIGMA - ALDRICH CORP
SIAL
|
+$143M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 15.29% |
| 2 | Healthcare | 15.07% |
| 3 | Technology | 14.2% |
| 4 | Industrials | 10.21% |
| 5 | Consumer Discretionary | 9.53% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1976
McGrath RentCorp
MGRC
$2.94B
| $4.07M | ﹤0.01% |
161,508
+794
| +0.5% | +$21.9K |
|
1977
Natural Health Trends
NHTC
$15.4M
| $4.07M | ﹤0.01% |
121,289
+72,420
| +148% | +$3.19M |
|
1978
Hannon Armstrong Sustainable Infrastructure Capital
HASI
$5.37B
| $4.05M | ﹤0.01% |
214,160
+18,540
| +9% | +$327K |
|
|
ATSG
1979
DELISTED
Air Transport Services Group
ATSG
| $4.04M | ﹤0.01% |
401,021
+6,836
| +2% | +$64.5K |
|
|
FNBC
1980
DELISTED
First NBC Bank Holding Company
FNBC
| $4.04M | ﹤0.01% |
107,937
+1,317
| +1% | +$50K |
|
|
TRST
1981
Trustco Bank Corp NY
TRST
$963M
| $4.02M | ﹤0.01% |
131,081
+724
| +0.6% | +$22.6K |
|
1982
US Physical Therapy
USPH
$1.22B
| $4.01M | ﹤0.01% |
74,733
+567
| +0.8% | +$28.4K |
|
1983
Motorcar Parts of America
MPAA
$230M
| $4M | ﹤0.01% |
118,350
+1,540
| +1% | +$55K |
|
|
SHOR
1984
DELISTED
ShoreTel, Inc.
SHOR
| $4M | ﹤0.01% |
451,892
+38,465
| +9% | +$358K |
|
1985
Heritage Financial
HFWA
$1.22B
| $4M | ﹤0.01% |
212,179
+5,629
| +3% | +$106K |
|
|
SAAS
1986
DELISTED
inContact, Inc.
SAAS
| $3.99M | ﹤0.01% |
418,363
+8,378
| +2% | +$73K |
|
1987
Alamo Group
ALG
$2.01B
| $3.99M | ﹤0.01% |
76,563
-14,498
| -16% | -$746K |
|
1988
AeroVironment
AVAV
$9.81B
| $3.99M | ﹤0.01% |
135,302
+730
| +0.5% | +$17.9K |
|
|
CPE
1989
DELISTED
Callon Petroleum Company
CPE
| $3.98M | ﹤0.01% |
47,745
+6,585
| +16% | +$575K |
|
1990
TTEC Holdings
TTEC
$77.4M
| $3.96M | ﹤0.01% |
141,943
+3,204
| +2% | +$91.8K |
|
|
DERM
1991
DELISTED
Dermira, Inc.
DERM
| $3.96M | ﹤0.01% |
114,472
+6,559
| +6% | +$188K |
|
1992
Cerus
CERS
$546M
| $3.96M | ﹤0.01% |
626,740
+2,854
| +0.5% | +$15.2K |
|
|
FBC
1993
DELISTED
Flagstar Bancorp, Inc. New
FBC
| $3.96M | ﹤0.01% |
171,380
+35,880
| +26% | +$825K |
|
|
NWLI
1994
DELISTED
National Western Life Group, Inc. Class A
NWLI
| $3.96M | ﹤0.01% |
+15,707
| New | +$4M |
|
|
GNCMA
1995
DELISTED
GCI Liberty, Inc. Class A-1 Common Stock
GNCMA
| $3.95M | ﹤0.01% |
199,842
+2,014
| +1% | +$39.9K |
|
|
CONN
1996
DELISTED
Conn's Inc.
CONN
| $3.94M | ﹤0.01% |
167,689
+9,084
| +6% | +$215K |
|
|
KBAL
1997
DELISTED
Kimball International
KBAL
| $3.94M | ﹤0.01% |
402,786
-24,177
| -6% | -$268K |
|
|
MODV
1998
DELISTED
ModivCare
MODV
| $3.93M | ﹤0.01% |
83,793
-43,616
| -34% | -$2.09M |
|
1999
AtriCure
ATRC
$2.22B
| $3.92M | ﹤0.01% |
174,819
+3,170
| +2% | +$65.3K |
|
2000
Shutterstock
SSTK
$208M
| $3.92M | ﹤0.01% |
121,283
+19,962
| +20% | +$657K |
|
Similar funds
Geode Capital Management's Q4 2015 Portfolio in Review
As of Q4 2015, Geode Capital Management held 4,254 positions worth $175B, up 6.4% from $165B the previous quarter. Its ten largest holdings account for 15% of the portfolio.
Geode Capital Management's Q4 2015 filing shows 121 new, 2,694 increased, 871 reduced and 116 closed positions. Its largest new stake was Alphabet (Google) Class A: 48,905,040 shares worth $1.9B. The largest sale was Alphabet (Google) Class C, an estimated $1.69B.
By sector, the portfolio is most concentrated in Financials at 15% of assets, down from 15% a quarter earlier, followed by Healthcare and Technology.
- Geode Capital Management's largest Q4 2015 buy was Alphabet (Google) Class A: 48,905,040 shares worth $1.9B.
- Geode Capital Management added most to Synchrony in Q4 2015, an estimated $198M increase.
- Geode Capital Management's biggest Q4 2015 reduction was Alphabet (Google) Class C, cutting an estimated $1.69B.
- Geode Capital Management fully exited COMCAST CORP SPL A (NEW) in Q4 2015, selling an estimated $172M.
- Geode Capital Management's ten largest holdings make up 15% of its $175B portfolio in Q4 2015.
- Geode Capital Management opened 121 new positions and closed 116 in Q4 2015.
- Geode Capital Management's portfolio value rose 6.4% quarter-over-quarter to $175B.
Based on Geode Capital Management's 13F filing for Q4 2015, filed 12 Feb 2016.