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 | |
|---|---|---|---|---|---|---|
|
SDRL
2376
DELISTED
Seadrill Limited Common Stock
SDRL
| $2.1M | ﹤0.01% |
1,327
+292
| +28% | +$623K |
|
|
CCG
2377
DELISTED
CAMPUS CREST COMMUNITIES INC COM STK (MD)
CCG
| $2.09M | ﹤0.01% |
393,789
+1,987
| +0.5% | +$10.9K |
|
|
IL
2378
DELISTED
IntraLinks Holdings Inc.
IL
| $2.09M | ﹤0.01% |
252,498
+19,973
| +9% | +$212K |
|
|
EPZM
2379
DELISTED
Epizyme, Inc
EPZM
| $2.09M | ﹤0.01% |
162,452
+2,685
| +2% | +$54.2K |
|
|
NXRT
2380
NexPoint Residential Trust
NXRT
$637M
| $2.09M | ﹤0.01% |
156,244
+88,136
| +129% | +$1.16M |
|
2381
Clear Channel Outdoor Holdings
CCO
$1.21B
| $2.08M | ﹤0.01% |
292,447
+40,989
| +16% | +$352K |
|
|
ESPR
2382
DELISTED
Esperion Therapeutics
ESPR
| $2.08M | ﹤0.01% |
88,322
-6,967
| -7% | -$437K |
|
|
AFAM
2383
DELISTED
Almost Family Inc
AFAM
| $2.08M | ﹤0.01% |
52,052
+28
| +0.1% | +$1.25K |
|
2384
Mercantile Bank Corp
MBWM
$1.07B
| $2.08M | ﹤0.01% |
100,160
+5,705
| +6% | +$117K |
|
|
IBTX
2385
DELISTED
Independent Bank Group, Inc.
IBTX
| $2.08M | ﹤0.01% |
54,155
+12,331
| +29% | +$520K |
|
2386
ANI Pharmaceuticals
ANIP
$1.72B
| $2.08M | ﹤0.01% |
52,648
+1,645
| +3% | +$93.6K |
|
2387
Flex
FLEX
$47B
| $2.07M | ﹤0.01% |
264,054
+10,448
| +4% | +$84.9K |
|
2388
Financial Institutions
FISI
$827M
| $2.07M | ﹤0.01% |
83,479
+327
| +0.4% | +$8.02K |
|
|
AGEN
2389
Agenus
AGEN
$309M
| $2.06M | ﹤0.01% |
22,875
+354
| +2% | +$52.4K |
|
|
ACGN
2390
DELISTED
Aceragen Inc
ACGN
| $2.06M | ﹤0.01% |
4,534
+304
| +7% | +$134K |
|
2391
Medifast
MED
$131M
| $2.06M | ﹤0.01% |
76,656
+452
| +0.6% | +$13.2K |
|
2392
Myers Industries
MYE
$1.27B
| $2.06M | ﹤0.01% |
153,492
+1,377
| +0.9% | +$20.7K |
|
|
CTT
2393
DELISTED
CATCHMARK TIMBER TRUST, INC.
CTT
| $2.05M | ﹤0.01% |
199,836
+15,464
| +8% | +$165K |
|
|
INFO
2394
DELISTED
IHS Markit Ltd. Common Shares
INFO
| $2.05M | ﹤0.01% |
70,787
+3,088
| +5% | +$85.8K |
|
|
BBOX
2395
DELISTED
Black Box Corp
BBOX
| $2.05M | ﹤0.01% |
139,133
+14,346
| +11% | +$235K |
|
2396
Titan International
TWI
$447M
| $2.05M | ﹤0.01% |
309,915
-77
| -0% | -$670 |
|
|
RJET
2397
DELISTED
REPUBLIC AWYS HLDGS INC
RJET
| $2.05M | ﹤0.01% |
354,268
-7,677
| -2% | -$39.1K |
|
2398
Quad
QUAD
$502M
| $2.04M | ﹤0.01% |
168,626
+1,115
| +0.7% | +$16.9K |
|
|
EVRI
2399
DELISTED
Everi Holdings
EVRI
| $2.04M | ﹤0.01% |
397,188
+3,664
| +0.9% | +$21K |
|
2400
Ezcorp Inc
EZPW
$1.8B
| $2.02M | ﹤0.01% |
327,722
-21,441
| -6% | -$136K |
|
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.