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 | |
|---|---|---|---|---|---|---|
2276
Omeros
OMER
$1.19B
| $2.44M | ﹤0.01% |
222,930
+1,997
| +0.9% | +$31.1K |
|
2277
Middlesex Water
MSEX
$1.11B
| $2.44M | ﹤0.01% |
102,466
+3,689
| +4% | +$84.6K |
|
|
SGMO
2278
DELISTED
SANGAMO THERAPEUTICS INC
SGMO
| $2.44M | ﹤0.01% |
432,670
+1,994
| +0.5% | +$16.4K |
|
|
RSO
2279
DELISTED
Resource Capital Corp.
RSO
| $2.44M | ﹤0.01% |
218,527
-725
| -0.3% | -$9.8K |
|
|
PSEM
2280
DELISTED
PERICOM SEMICONDUCTOR CP
PSEM
| $2.44M | ﹤0.01% |
133,653
-27,412
| -17% | -$377K |
|
2281
Metallus
MTUS
$896M
| $2.44M | ﹤0.01% |
241,014
+15,254
| +7% | +$276K |
|
2282
Comtech Telecommunications
CMTL
$51.8M
| $2.44M | ﹤0.01% |
118,225
+6,919
| +6% | +$190K |
|
2283
Anterix
ATEX
$1.82B
| $2.43M | ﹤0.01% |
81,312
-2,071
| -2% | -$67.8K |
|
|
HTB
2284
HomeTrust Bancshares
HTB
$834M
| $2.43M | ﹤0.01% |
131,024
-1,606
| -1% | -$28.6K |
|
|
RT
2285
DELISTED
Ruby Tuesday Georgia
RT
| $2.42M | ﹤0.01% |
390,440
+16,902
| +5% | +$112K |
|
2286
Hawkins
HWKN
$2.72B
| $2.42M | ﹤0.01% |
125,914
+3,016
| +2% | +$57K |
|
2287
CEVA Inc
CEVA
$876M
| $2.42M | ﹤0.01% |
130,418
+2,299
| +2% | +$42.4K |
|
2288
Westwood Holdings Group
WHG
$183M
| $2.42M | ﹤0.01% |
44,536
+3,097
| +7% | +$177K |
|
|
FRP
2289
DELISTED
Fairpoint Communications, Inc.
FRP
| $2.41M | ﹤0.01% |
156,691
+5,721
| +4% | +$96.8K |
|
|
PPBI
2290
DELISTED
Pacific Premier Bancorp
PPBI
| $2.41M | ﹤0.01% |
118,776
+12,163
| +11% | +$231K |
|
2291
Oppenheimer Holdings
OPY
$1.22B
| $2.41M | ﹤0.01% |
120,590
+18,951
| +19% | +$413K |
|
2292
Modine Manufacturing
MOD
$10.8B
| $2.4M | ﹤0.01% |
304,888
+17,276
| +6% | +$161K |
|
|
TRVN
2293
DELISTED
Trevena, Inc.
TRVN
| $2.4M | ﹤0.01% |
371
+174
| +88% | +$859K |
|
|
RTEC
2294
DELISTED
Rudolph Technologies Inc
RTEC
| $2.39M | ﹤0.01% |
192,193
+1,809
| +1% | +$22.2K |
|
|
CNCE
2295
DELISTED
Concert Pharmaceuticals, Inc.
CNCE
| $2.39M | ﹤0.01% |
127,386
+32,991
| +35% | +$561K |
|
2296
LGI Homes
LGIH
$1.35B
| $2.39M | ﹤0.01% |
87,834
+1,342
| +2% | +$31.7K |
|
2297
Invesco Pennsylvania Value Municipal Income Trust
VPV
$200M
| – | – |
0
| – | – |
|
2298
OFG Bancorp
OFG
$2.25B
| $2.38M | ﹤0.01% |
273,057
+1,242
| +0.5% | +$10.7K |
|
2299
AngioDynamics
ANGO
$651M
| $2.38M | ﹤0.01% |
180,480
+3,227
| +2% | +$48.7K |
|
|
REV
2300
DELISTED
Revlon, Inc.
REV
| $2.38M | ﹤0.01% |
80,689
+2,931
| +4% | +$100K |
|
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.