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 | |
|---|---|---|---|---|---|---|
2126
OneSpan
OSPN
$609M
| $3.08M | ﹤0.01% |
180,928
+1,694
| +0.9% | +$34.8K |
|
|
INFI
2127
DELISTED
Infinity Pharmaceuticals, Inc.
INFI
| $3.08M | ﹤0.01% |
364,678
+8,784
| +2% | +$81K |
|
|
SAAS
2128
DELISTED
inContact, Inc.
SAAS
| $3.08M | ﹤0.01% |
409,985
+46,838
| +13% | +$387K |
|
|
BDBD
2129
DELISTED
BOULDER BRANDS INC
BDBD
| $3.07M | ﹤0.01% |
375,148
+20,046
| +6% | +$160K |
|
|
MITT
2130
TPG Mortgage Investment Trust
MITT
$213M
| $3.07M | ﹤0.01% |
67,195
-4,139
| -6% | -$213K |
|
|
CGI
2131
DELISTED
Celadon Group Inc
CGI
| $3.07M | ﹤0.01% |
191,526
+4,093
| +2% | +$80.9K |
|
2132
Shutterstock
SSTK
$208M
| $3.06M | ﹤0.01% |
101,321
+6,273
| +7% | +$252K |
|
2133
Virtu Financial
VIRT
$5.04B
| $3.06M | ﹤0.01% |
+133,561
| New | +$3.06M |
|
|
GHDX
2134
DELISTED
Genomic Health, Inc.
GHDX
| $3.06M | ﹤0.01% |
144,552
+2,995
| +2% | +$77.2K |
|
|
GLUU
2135
DELISTED
Glu Mobile Inc.
GLUU
| $3.03M | ﹤0.01% |
694,507
+23,873
| +4% | +$122K |
|
2136
Interparfums
IPAR
$3.78B
| $3.03M | ﹤0.01% |
122,136
+2,389
| +2% | +$67.8K |
|
|
WMC
2137
DELISTED
Western Asset Mortgage Capital Corporation
WMC
| $3.02M | ﹤0.01% |
23,972
+313
| +1% | +$42.8K |
|
|
SRDX
2138
DELISTED
Surmodics
SRDX
| $3.02M | ﹤0.01% |
138,166
-1,033
| -0.7% | -$24.2K |
|
|
UTEK
2139
DELISTED
Ultratech Inc.
UTEK
| $3.01M | ﹤0.01% |
187,862
+20,622
| +12% | +$344K |
|
2140
Barnes & Noble Education
BNED
$417M
| $3.01M | ﹤0.01% |
+2,367
| New | +$3.06M |
|
2141
Lattice Semiconductor
LSCC
$18.4B
| $3M | ﹤0.01% |
780,284
-494,388
| -39% | -$2.28M |
|
|
COWN
2142
DELISTED
Cowen Inc. Class A Common Stock
COWN
| $3M | ﹤0.01% |
164,601
+8,806
| +6% | +$194K |
|
|
CSII
2143
DELISTED
Cardiovascular Systems, Inc.
CSII
| $3M | ﹤0.01% |
189,467
+7,640
| +4% | +$193K |
|
|
CPE
2144
DELISTED
Callon Petroleum Company
CPE
| $3M | ﹤0.01% |
41,160
+1,214
| +3% | +$94.2K |
|
|
GTY
2145
Getty Realty Corp
GTY
$2.04B
| $2.99M | ﹤0.01% |
191,677
+1,763
| +0.9% | +$28.3K |
|
2146
Anika Therapeutics
ANIK
$295M
| $2.98M | ﹤0.01% |
93,720
+810
| +0.9% | +$28.2K |
|
2147
TETRA Technologies
TTI
$1.29B
| $2.98M | ﹤0.01% |
504,699
+32,114
| +7% | +$204K |
|
|
INOV
2148
DELISTED
Inovalon Holdings, Inc. Class A Common Stock
INOV
| $2.98M | ﹤0.01% |
143,093
+9,459
| +7% | +$220K |
|
|
SIGM
2149
DELISTED
Sigma Designs Inc
SIGM
| $2.98M | ﹤0.01% |
432,723
+202,113
| +88% | +$1.95M |
|
|
HDP
2150
DELISTED
Hortonworks, Inc.
HDP
| $2.98M | ﹤0.01% |
136,114
+76,783
| +129% | +$1.91M |
|
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.