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 | |
|---|---|---|---|---|---|---|
2201
American Public Education
APEI
$826M
| $2.71M | ﹤0.01% |
115,850
-1,103
| -0.9% | -$26.4K |
|
|
TGH
2202
DELISTED
Textainer Group Holdings limited
TGH
| $2.71M | ﹤0.01% |
164,109
+5,946
| +4% | +$118K |
|
2203
Installed Building Products
IBP
$6.46B
| $2.7M | ﹤0.01% |
106,982
+4,576
| +4% | +$123K |
|
|
LION
2204
DELISTED
Fidelity Southern Corporation
LION
| $2.7M | ﹤0.01% |
127,841
+25,429
| +25% | +$491K |
|
|
XENT
2205
DELISTED
Intersect ENT, Inc
XENT
| $2.7M | ﹤0.01% |
115,393
+5,684
| +5% | +$157K |
|
|
SQBK
2206
DELISTED
SQUARE 1 FINANCIAL INC COM
SQBK
| $2.7M | ﹤0.01% |
105,124
+50,809
| +94% | +$1.34M |
|
|
AMCC
2207
DELISTED
Applied Micro Circuits Corporation New
AMCC
| $2.7M | ﹤0.01% |
508,201
+5,321
| +1% | +$31.2K |
|
|
RAS
2208
DELISTED
RAIT Financial Trust
RAS
| $2.7M | ﹤0.01% |
543,950
+72,999
| +16% | +$400K |
|
2209
AeroVironment
AVAV
$9.81B
| $2.7M | ﹤0.01% |
134,572
+7,264
| +6% | +$177K |
|
|
NILE
2210
DELISTED
Blue Nile, Inc.
NILE
| $2.69M | ﹤0.01% |
80,328
+724
| +0.9% | +$23.6K |
|
2211
Forestar Group
FOR
$1.49B
| $2.69M | ﹤0.01% |
204,546
+12,182
| +6% | +$157K |
|
|
STRP
2212
DELISTED
Straight Path Communications Inc.
STRP
| $2.69M | ﹤0.01% |
66,513
+4,779
| +8% | +$138K |
|
2213
Kodak
KODK
$992M
| $2.68M | ﹤0.01% |
171,882
+156,804
| +1,040% | +$2.34M |
|
2214
Koppers
KOP
$857M
| $2.67M | ﹤0.01% |
132,532
+6,528
| +5% | +$139K |
|
2215
Spok Holdings
SPOK
$230M
| $2.67M | ﹤0.01% |
162,220
+7,284
| +5% | +$121K |
|
|
NPKI
2216
NPK International
NPKI
$1.19B
| $2.67M | ﹤0.01% |
521,290
+9,295
| +2% | +$63.6K |
|
|
TVTY
2217
DELISTED
Tivity Health, Inc. Common Stock
TVTY
| $2.67M | ﹤0.01% |
239,784
+11,576
| +5% | +$141K |
|
|
TAL
2218
DELISTED
TAL INTERNATIONAL GROUP, INC.
TAL
| $2.66M | ﹤0.01% |
194,936
+765
| +0.4% | +$16.1K |
|
2219
AB InBev
BUD
$156B
| $2.66M | ﹤0.01% |
25,011
-1,480
| -6% | -$172K |
|
2220
HSBC
HSBC
$358B
| $2.64M | ﹤0.01% |
78,360
-6,729
| -8% | -$252K |
|
2221
Kearny Financial
KRNY
$600M
| $2.64M | ﹤0.01% |
+230,296
| New | +$2.63M |
|
|
SSNI
2222
DELISTED
Silver Spring Networks, Inc.
SSNI
| $2.64M | ﹤0.01% |
204,663
+23,676
| +13% | +$290K |
|
|
BNFT
2223
DELISTED
Benefitfocus, Inc.
BNFT
| $2.63M | ﹤0.01% |
84,243
+31,359
| +59% | +$1.2M |
|
|
AERI
2224
DELISTED
Aerie Pharmaceuticals
AERI
| $2.62M | ﹤0.01% |
147,951
+53,755
| +57% | +$974K |
|
|
SALE
2225
DELISTED
RetailMeNot, Inc. Series 1
SALE
| $2.62M | ﹤0.01% |
318,380
+28,900
| +10% | +$336K |
|
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.