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 | |
|---|---|---|---|---|---|---|
|
BHBK
2226
DELISTED
Blue Hills Bancorp, Inc.
BHBK
| $2.62M | ﹤0.01% |
188,891
+7,740
| +4% | +$111K |
|
|
LJPC
2227
DELISTED
La Jolla Pharmaceutical Company
LJPC
| $2.61M | ﹤0.01% |
94,069
+26,824
| +40% | +$845K |
|
|
AXDX
2228
DELISTED
Accelerate Diagnostics
AXDX
| $2.61M | ﹤0.01% |
16,132
+191
| +1% | +$41.3K |
|
|
FCB
2229
DELISTED
FCB Financial Holdings, Inc.
FCB
| $2.61M | ﹤0.01% |
79,990
+1,374
| +2% | +$45.4K |
|
|
SP
2230
DELISTED
SP Plus Corporation
SP
| $2.6M | ﹤0.01% |
112,381
+4,059
| +4% | +$99K |
|
2231
RE/MAX Holdings
RMAX
$267M
| $2.59M | ﹤0.01% |
72,109
+1,709
| +2% | +$64.1K |
|
|
SEVN
2232
Seven Hills Realty Trust
SEVN
$176M
| – | – |
0
| – | – |
|
|
DLR.PRI
2233
DELISTED
DIGITAL RLTY TR INC PFD SR I % (MD)
DLR.PRI
| $2.59M | ﹤0.01% |
+104,763
| New | +$2.57M |
|
|
HOS
2234
DELISTED
Hornbeck Offshore Services, Inc.
HOS
| $2.59M | ﹤0.01% |
191,293
+1,704
| +0.9% | +$30.2K |
|
2235
LivePerson
LPSN
$35.4M
| $2.58M | ﹤0.01% |
22,774
+1,043
| +5% | +$141K |
|
2236
Q2 Holdings
QTWO
$3.95B
| $2.58M | ﹤0.01% |
104,208
+6,585
| +7% | +$182K |
|
|
PFC
2237
DELISTED
Premier Financial Corp. Common Stock
PFC
| $2.58M | ﹤0.01% |
140,972
+32,384
| +30% | +$598K |
|
2238
Preferred Bank
PFBC
$1.28B
| $2.57M | ﹤0.01% |
81,248
+4,269
| +6% | +$131K |
|
2239
Lands' End
LE
$401M
| $2.56M | ﹤0.01% |
94,973
-522
| -0.5% | -$13.1K |
|
|
SQBG
2240
DELISTED
Sequential Brands Group, Inc.
SQBG
| $2.56M | ﹤0.01% |
4,430
+200
| +5% | +$131K |
|
|
STFC
2241
DELISTED
State Auto Financial Corp
STFC
| $2.56M | ﹤0.01% |
112,113
+9,811
| +10% | +$240K |
|
|
DX
2242
Dynex Capital
DX
$3.23B
| $2.55M | ﹤0.01% |
129,376
+5,902
| +5% | +$124K |
|
|
YELL
2243
DELISTED
Yellow Corporation Common Stock
YELL
| $2.54M | ﹤0.01% |
191,349
+26,619
| +16% | +$417K |
|
2244
National Presto Industries
NPK
$999M
| $2.53M | ﹤0.01% |
30,079
+1,609
| +6% | +$131K |
|
2245
Marten Transport
MRTN
$1.24B
| $2.53M | ﹤0.01% |
391,755
-3,855
| -1% | -$29.4K |
|
|
GSIG
2246
DELISTED
GSI GROUP INC COM STK (CDA)
GSIG
| $2.53M | ﹤0.01% |
198,872
+8,515
| +4% | +$115K |
|
2247
Accuray
ARAY
$34.9M
| $2.53M | ﹤0.01% |
505,762
+37,051
| +8% | +$238K |
|
|
ACRE
2248
Ares Commercial Real Estate
ACRE
$264M
| $2.52M | ﹤0.01% |
210,564
+1,460
| +0.7% | +$17.9K |
|
2249
Bassett Furniture
BSET
$172M
| $2.52M | ﹤0.01% |
90,636
+12,228
| +16% | +$393K |
|
2250
PC Connection
CNXN
$2.05B
| $2.52M | ﹤0.01% |
121,690
+7,869
| +7% | +$171K |
|
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.