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 | |
|---|---|---|---|---|---|---|
|
ECHO
2101
DELISTED
Echo Global Logistics, Inc.
ECHO
| $3.25M | ﹤0.01% |
166,081
+13,403
| +9% | +$358K |
|
2102
Lexicon Pharmaceuticals
LXRX
$1.05B
| $3.25M | ﹤0.01% |
302,765
+2,615
| +0.9% | +$28.6K |
|
2103
Iridium Communications
IRDM
$5.26B
| $3.24M | ﹤0.01% |
526,792
+3,934
| +0.8% | +$28.6K |
|
2104
Trip.com Group
TCOM
$28.7B
| $3.22M | ﹤0.01% |
102,012
+3,186
| +3% | +$111K |
|
|
MRTX
2105
DELISTED
Mirati Therapeutics, Inc. Common Stock
MRTX
| $3.22M | ﹤0.01% |
93,500
+80,159
| +601% | +$2.42M |
|
|
AHT.PRE
2106
DELISTED
ASHFORD HOSPITALITY TR INC 9.00% CUM PFD SER E
AHT.PRE
| $3.22M | ﹤0.01% |
+125,178
| New | +$3.29M |
|
2107
Expro Ltd
XPRO
$2.07B
| $3.22M | ﹤0.01% |
34,977
-2,771
| -7% | -$270K |
|
|
SPNC
2108
DELISTED
Spectranetics Corp
SPNC
| $3.21M | ﹤0.01% |
272,654
+2,316
| +0.9% | +$41.5K |
|
|
NSM
2109
DELISTED
Nationstar Mortgage Holdings
NSM
| $3.2M | ﹤0.01% |
231,069
+873
| +0.4% | +$14.7K |
|
|
PRO
2110
DELISTED
PROS Holdings
PRO
| $3.2M | ﹤0.01% |
144,416
+1,640
| +1% | +$35.7K |
|
|
SAGE
2111
DELISTED
Sage Therapeutics
SAGE
| $3.19M | ﹤0.01% |
75,337
+2,445
| +3% | +$151K |
|
2112
Vanda Pharmaceuticals
VNDA
$314M
| $3.17M | ﹤0.01% |
281,471
-14,074
| -5% | -$172K |
|
|
STEW
2113
SRH Total Return Fund
STEW
$1.8B
| – | – |
0
| – | – |
|
2114
Par Pacific Holdings
PARR
$3.9B
| $3.17M | ﹤0.01% |
151,985
+6,482
| +4% | +$125K |
|
2115
Winnebago Industries
WGO
$915M
| $3.16M | ﹤0.01% |
164,976
+1,299
| +0.8% | +$27.5K |
|
2116
Waterstone Financial
WSBF
$378M
| $3.16M | ﹤0.01% |
234,343
-2,753
| -1% | -$36K |
|
|
HAYN
2117
DELISTED
Haynes International, Inc.
HAYN
| $3.13M | ﹤0.01% |
82,730
+4,046
| +5% | +$165K |
|
2118
Cimpress
CMPR
$2.4B
| $3.13M | ﹤0.01% |
41,109
+2,453
| +6% | +$182K |
|
|
TXTR
2119
DELISTED
TEXTURA CORPORATION COM
TXTR
| $3.13M | ﹤0.01% |
121,021
+1,196
| +1% | +$32.9K |
|
|
YDKN
2120
DELISTED
Yadkin Financial Corporation
YDKN
| $3.12M | ﹤0.01% |
145,391
+5,963
| +4% | +$127K |
|
2121
SPX Corp
SPXC
$10.9B
| $3.12M | ﹤0.01% |
261,654
-707,119
| -73% | -$10.9M |
|
|
GIMO
2122
DELISTED
Gigamon Inc.
GIMO
| $3.1M | ﹤0.01% |
155,071
+13,591
| +10% | +$357K |
|
|
HIFR
2123
DELISTED
InfraREIT, Inc.
HIFR
| $3.1M | ﹤0.01% |
130,851
+992
| +0.8% | +$29.1K |
|
2124
HubSpot
HUBS
$10.5B
| $3.09M | ﹤0.01% |
66,639
-993
| -1% | -$48.6K |
|
|
SHOR
2125
DELISTED
ShoreTel, Inc.
SHOR
| $3.09M | ﹤0.01% |
413,427
+288
| +0.1% | +$2.08K |
|
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.