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 | |
|---|---|---|---|---|---|---|
2351
Tredegar Corp
TG
$276M
| $2.19M | ﹤0.01% |
167,892
+5,932
| +4% | +$99.1K |
|
|
ORBC
2352
DELISTED
ORBCOMM, Inc.
ORBC
| $2.19M | ﹤0.01% |
392,888
+25,950
| +7% | +$156K |
|
2353
Park Aerospace
PKE
$801M
| $2.19M | ﹤0.01% |
124,342
+1,372
| +1% | +$24.3K |
|
2354
MarineMax
HZO
$1.15B
| $2.19M | ﹤0.01% |
154,696
+1,362
| +0.9% | +$24K |
|
|
RNET
2355
DELISTED
RigNet, Inc.
RNET
| $2.19M | ﹤0.01% |
85,700
+7,558
| +10% | +$206K |
|
|
BKMU
2356
DELISTED
Bank Mutual Corp
BKMU
| $2.17M | ﹤0.01% |
283,224
+2,922
| +1% | +$21.4K |
|
2357
Culp Inc
CULP
$43.9M
| $2.17M | ﹤0.01% |
67,683
+2,980
| +5% | +$94K |
|
|
SMRT
2358
DELISTED
Stein Mart Inc
SMRT
| $2.16M | ﹤0.01% |
223,580
+30,411
| +16% | +$313K |
|
2359
Independent Bank Corp
IBCP
$852M
| $2.15M | ﹤0.01% |
145,799
+199
| +0.1% | +$2.8K |
|
|
FLTX
2360
DELISTED
Fleetmatics Group PLC
FLTX
| $2.15M | ﹤0.01% |
43,741
+2,782
| +7% | +$133K |
|
2361
German American Bancorp
GABC
$1.93B
| $2.13M | ﹤0.01% |
109,311
+940
| +0.9% | +$18.4K |
|
2362
York Water
YORW
$533M
| $2.13M | ﹤0.01% |
101,457
+1,432
| +1% | +$30.4K |
|
2363
Arrow Financial
AROW
$729M
| $2.12M | ﹤0.01% |
100,754
+3,041
| +3% | +$64.4K |
|
|
DFRG
2364
DELISTED
Del Frisco's Restaurant Group, Inc. Common Stock
DFRG
| $2.12M | ﹤0.01% |
152,677
+735
| +0.5% | +$11.2K |
|
|
TTSH
2365
DELISTED
Tile Shop Holdings
TTSH
| $2.12M | ﹤0.01% |
176,943
+2,437
| +1% | +$32.2K |
|
2366
ASML
ASML
$714B
| $2.12M | ﹤0.01% |
24,065
-3,256
| -12% | -$308K |
|
2367
Arrowhead Research
ARWR
$12.3B
| $2.12M | ﹤0.01% |
367,347
+3,775
| +1% | +$23.7K |
|
|
NSA
2368
DELISTED
National Storage Affiliates Trust
NSA
| $2.11M | ﹤0.01% |
+156,083
| New | +$2M |
|
|
FPRX
2369
DELISTED
Five Prime Therapeutics, Inc.
FPRX
| $2.11M | ﹤0.01% |
137,326
+7,839
| +6% | +$168K |
|
2370
Peoples Bancorp
PEBO
$1.49B
| $2.11M | ﹤0.01% |
101,612
+6,819
| +7% | +$149K |
|
2371
Mesa Laboratories
MLAB
$640M
| $2.11M | ﹤0.01% |
18,958
+1,760
| +10% | +$186K |
|
|
XOXO
2372
DELISTED
Xo Group Inc
XOXO
| $2.11M | ﹤0.01% |
149,251
+4,564
| +3% | +$68.6K |
|
|
HSII
2373
DELISTED
Heidrick & Struggles
HSII
| $2.11M | ﹤0.01% |
108,372
+876
| +0.8% | +$18.9K |
|
|
LL
2374
DELISTED
LL Flooring Holdings, Inc.
LL
| $2.1M | ﹤0.01% |
160,045
+1,376
| +0.9% | +$22.6K |
|
|
SRGA
2375
DELISTED
Surgalign Holdings, Inc. Common Stock
SRGA
| $2.1M | ﹤0.01% |
12,310
+383
| +3% | +$73.4K |
|
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.