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 | |
|---|---|---|---|---|---|---|
2076
CorVel
CRVL
$3.17B
| $3.38M | ﹤0.01% |
314,340
-12
| -0% | -$129 |
|
|
RRTS
2077
DELISTED
RoadRunner Transportation Systems, Inc.
RRTS
| $3.37M | ﹤0.01% |
7,333
+701
| +11% | +$405K |
|
|
ATSG
2078
DELISTED
Air Transport Services Group
ATSG
| $3.37M | ﹤0.01% |
394,185
+17,055
| +5% | +$163K |
|
|
WWE
2079
DELISTED
World Wrestling Entertainment
WWE
| $3.37M | ﹤0.01% |
199,408
+13,131
| +7% | +$246K |
|
2080
Hannon Armstrong Sustainable Infrastructure Capital
HASI
$5.37B
| $3.37M | ﹤0.01% |
195,620
+6,692
| +4% | +$130K |
|
2081
Regis Corp
RGS
$69.3M
| $3.35M | ﹤0.01% |
12,786
-161
| -1% | -$44.1K |
|
|
CKEC
2082
DELISTED
Carmike Cinemas Inc
CKEC
| $3.35M | ﹤0.01% |
166,622
+10,741
| +7% | +$258K |
|
|
UNT
2083
DELISTED
UNIT Corporation
UNT
| $3.35M | ﹤0.01% |
297,274
+19,215
| +7% | +$327K |
|
2084
GSK
GSK
$101B
| $3.34M | ﹤0.01% |
69,583
+1,270
| +2% | +$66.1K |
|
2085
Flexsteel Industries
FLXS
$301M
| $3.34M | ﹤0.01% |
106,838
+10,944
| +11% | +$398K |
|
|
MCHB
2086
Mechanics Bancorp
MCHB
$3.8B
| $3.33M | ﹤0.01% |
144,208
+1,516
| +1% | +$34.2K |
|
2087
US Physical Therapy
USPH
$1.22B
| $3.33M | ﹤0.01% |
74,166
+831
| +1% | +$41.4K |
|
2088
First Busey Corp
BUSE
$2.58B
| $3.32M | ﹤0.01% |
167,123
+12,936
| +8% | +$248K |
|
|
ARPI
2089
DELISTED
AMERICAN RESIDENTIAL PPTYS INC COM
ARPI
| $3.32M | ﹤0.01% |
192,086
+1,219
| +0.6% | +$21.5K |
|
|
CET
2090
Central Securities Corp
CET
$1.63B
| – | – |
0
| – | – |
|
2091
Paylocity
PCTY
$7.73B
| $3.28M | ﹤0.01% |
109,301
+7,501
| +7% | +$255K |
|
|
ININ
2092
DELISTED
Interactive Intelligence Group, inc.
ININ
| $3.28M | ﹤0.01% |
110,303
+1,730
| +2% | +$66.1K |
|
2093
James River Group Holdings
JRVR
$199M
| $3.27M | ﹤0.01% |
121,722
+13,760
| +13% | +$373K |
|
2094
RPC Inc
RES
$1.4B
| $3.27M | ﹤0.01% |
369,905
+14,541
| +4% | +$166K |
|
|
ONCE
2095
DELISTED
Spark Therapeutics, Inc. Common Stock
ONCE
| $3.27M | ﹤0.01% |
78,408
+20,023
| +34% | +$1.04M |
|
|
TBRG
2096
DELISTED
TruBridge
TBRG
| $3.27M | ﹤0.01% |
77,601
-252
| -0.3% | -$12.2K |
|
2097
SunCoke Energy
SXC
$801M
| $3.27M | ﹤0.01% |
420,066
+35,195
| +9% | +$392K |
|
|
AVG
2098
DELISTED
AVG Technologies N.V.
AVG
| $3.27M | ﹤0.01% |
150,204
-45,262
| -23% | -$1.15M |
|
|
RLYP
2099
DELISTED
RELYPSA INC COM
RLYP
| $3.26M | ﹤0.01% |
176,312
+2,354
| +1% | +$64.7K |
|
|
FRAN
2100
DELISTED
Francesca's Holdings Corporation
FRAN
| $3.26M | ﹤0.01% |
22,228
+178
| +0.8% | +$25.8K |
|
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.