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 | |
|---|---|---|---|---|---|---|
|
DERM
2251
DELISTED
Dermira, Inc.
DERM
| $2.52M | ﹤0.01% |
107,913
+22,204
| +26% | +$539K |
|
|
AKS
2252
DELISTED
AK Steel Holding Corp
AKS
| $2.52M | ﹤0.01% |
1,044,688
+7,268
| +0.7% | +$21.1K |
|
|
AEPI
2253
DELISTED
AEP Industries Inc
AEPI
| $2.51M | ﹤0.01% |
43,846
+17,395
| +66% | +$984K |
|
2254
Forrester Research
FORR
$222M
| $2.51M | ﹤0.01% |
79,862
+3,533
| +5% | +$117K |
|
|
WCIC
2255
DELISTED
WCI Communities, Inc.
WCIC
| $2.5M | ﹤0.01% |
110,648
+18,756
| +20% | +$451K |
|
|
LBAI
2256
DELISTED
Lakeland Bancorp Inc
LBAI
| $2.5M | ﹤0.01% |
225,241
+6,500
| +3% | +$74.2K |
|
|
TAST
2257
DELISTED
Carrols Restaurant Group, Inc.
TAST
| $2.5M | ﹤0.01% |
210,357
+4,404
| +2% | +$52.4K |
|
2258
FormFactor
FORM
$10.3B
| $2.5M | ﹤0.01% |
368,550
+20,643
| +6% | +$144K |
|
2259
TG Therapeutics
TGTX
$7.37B
| $2.5M | ﹤0.01% |
247,616
+2,896
| +1% | +$43.1K |
|
|
RLD
2260
DELISTED
REALD INC COM STK
RLD
| $2.49M | ﹤0.01% |
259,461
+1,351
| +0.5% | +$14.6K |
|
2261
TTM Technologies
TTMI
$14.9B
| $2.48M | ﹤0.01% |
398,208
-17,940
| -4% | -$141K |
|
2262
Hackett Group
HCKT
$280M
| $2.48M | ﹤0.01% |
180,308
+14,816
| +9% | +$203K |
|
2263
Xencor
XNCR
$1.69B
| $2.48M | ﹤0.01% |
202,414
+10,514
| +5% | +$206K |
|
|
CTWS
2264
DELISTED
Connecticut Water Service Inc
CTWS
| $2.47M | ﹤0.01% |
67,754
+3,130
| +5% | +$109K |
|
2265
Southern Copper
SCCO
$161B
| $2.47M | ﹤0.01% |
101,961
+3,023
| +3% | +$76K |
|
2266
Inovio Pharmaceuticals
INO
$94.6M
| $2.47M | ﹤0.01% |
35,641
+649
| +2% | +$56.5K |
|
2267
CBIZ
CBZ
$2.97B
| $2.47M | ﹤0.01% |
251,590
+3,372
| +1% | +$32.9K |
|
|
METR
2268
DELISTED
METRO BANCORP, INC COMMON STOCK
METR
| $2.47M | ﹤0.01% |
83,990
+2,956
| +4% | +$82.8K |
|
2269
West Bancorporation
WTBA
$507M
| $2.46M | ﹤0.01% |
131,508
+2,764
| +2% | +$53K |
|
|
XCRA
2270
DELISTED
Xcerra Corporation
XCRA
| $2.46M | ﹤0.01% |
391,954
-94,270
| -19% | -$603K |
|
2271
VEON
VEON
$3.95B
| $2.45M | ﹤0.01% |
23,837
+837
| +4% | +$105K |
|
|
NATL
2272
DELISTED
National Interstate Corporation
NATL
| $2.45M | ﹤0.01% |
91,896
-325
| -0.4% | -$8.7K |
|
2273
Chegg
CHGG
$86.1M
| $2.45M | ﹤0.01% |
339,349
-7,291
| -2% | -$57.7K |
|
2274
Banc of California
BANC
$3.14B
| $2.44M | ﹤0.01% |
199,273
-12,664
| -6% | -$162K |
|
2275
PetMed Express
PETS
$42.7M
| $2.44M | ﹤0.01% |
151,917
+6,575
| +5% | +$110K |
|
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.