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 | |
|---|---|---|---|---|---|---|
2051
Fabrinet
FN
$20.5B
| $3.5M | ﹤0.01% |
190,900
+6,963
| +4% | +$131K |
|
2052
Haverty Furniture Companies
HVT
$441M
| $3.48M | ﹤0.01% |
148,443
+4,388
| +3% | +$101K |
|
2053
CareTrust REIT
CTRE
$9.25B
| $3.48M | ﹤0.01% |
306,673
+96,758
| +46% | +$1.17M |
|
2054
IDT Corp
IDT
$1.63B
| $3.47M | ﹤0.01% |
344,073
+25,548
| +8% | +$294K |
|
2055
HealthStream
HSTM
$829M
| $3.46M | ﹤0.01% |
158,871
+5,561
| +4% | +$148K |
|
|
TOWR
2056
DELISTED
Tower International, Inc.
TOWR
| $3.46M | ﹤0.01% |
145,764
-10,607
| -7% | -$270K |
|
|
SGYP
2057
DELISTED
Synergy Pharmaceuticals, Inc Common Stock
SGYP
| $3.46M | ﹤0.01% |
653,160
+68,735
| +12% | +$532K |
|
|
NWLIA
2058
DELISTED
NATL WESTN LIFE INS CO CL A
NWLIA
| $3.46M | ﹤0.01% |
15,519
+541
| +4% | +$120K |
|
2059
Enanta Pharmaceuticals
ENTA
$393M
| $3.46M | ﹤0.01% |
95,613
+1,960
| +2% | +$84.2K |
|
|
BRSS
2060
DELISTED
Global Brass & Copper Hldgs, Inc
BRSS
| $3.45M | ﹤0.01% |
168,240
+27,477
| +20% | +$506K |
|
|
RPTP
2061
DELISTED
RAPTOR PHARMACEUTICAL CORP COM STK (DE)
RPTP
| $3.45M | ﹤0.01% |
569,954
+53,363
| +10% | +$654K |
|
|
LNW
2062
DELISTED
Light & Wonder
LNW
| $3.43M | ﹤0.01% |
328,351
+1,710
| +0.5% | +$22.4K |
|
2063
Phibro Animal Health
PAHC
$1.37B
| $3.43M | ﹤0.01% |
108,422
+1,684
| +2% | +$61.5K |
|
2064
Cohen & Steers
CNS
$4.36B
| $3.43M | ﹤0.01% |
124,934
+1,610
| +1% | +$49.5K |
|
2065
Future Fuel
FF
$257M
| $3.43M | ﹤0.01% |
346,866
+178
| +0.1% | +$1.92K |
|
2066
American Coastal Insurance
ACIC
$465M
| $3.42M | ﹤0.01% |
260,068
+1,079
| +0.4% | +$15.5K |
|
|
GNCMA
2067
DELISTED
GCI Liberty, Inc. Class A-1 Common Stock
GNCMA
| $3.41M | ﹤0.01% |
197,828
+1,230
| +0.6% | +$21.6K |
|
2068
First Bancorp
FBP
$4.46B
| $3.41M | ﹤0.01% |
958,557
+50,769
| +6% | +$206K |
|
|
OPB
2069
DELISTED
Opus Bank Common Stock
OPB
| $3.41M | ﹤0.01% |
89,187
+28,794
| +48% | +$1.08M |
|
2070
Harmonic Inc
HLIT
$1.3B
| $3.41M | ﹤0.01% |
587,754
+10,983
| +2% | +$66.8K |
|
|
MRGE
2071
DELISTED
MERGE HEALTHCARE INC COM STK (WI)
MRGE
| $3.41M | ﹤0.01% |
479,752
+4,891
| +1% | +$30.8K |
|
|
UBA
2072
DELISTED
Urstadt Biddle Properties Inc. Class A
UBA
| $3.4M | ﹤0.01% |
181,730
+1,289
| +0.7% | +$24.1K |
|
2073
NetEase
NTES
$79.5B
| $3.4M | ﹤0.01% |
141,490
+1,215
| +0.9% | +$31.3K |
|
|
HEES
2074
DELISTED
H&E Equipment Services
HEES
| $3.4M | ﹤0.01% |
203,121
+7,620
| +4% | +$134K |
|
2075
Stock Yards Bancorp
SYBT
$2.64B
| $3.39M | ﹤0.01% |
139,922
+2,052
| +1% | +$49.8K |
|
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.