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 | |
|---|---|---|---|---|---|---|
|
SCNB
2426
DELISTED
Suffolk Bancorp
SCNB
| $1.93M | ﹤0.01% |
70,717
+625
| +0.9% | +$17.2K |
|
2427
Intrepid Potash
IPI
$482M
| $1.93M | ﹤0.01% |
34,826
+612
| +2% | +$50.9K |
|
|
PKD
2428
DELISTED
Parker Drilling Company
PKD
| $1.93M | ﹤0.01% |
48,938
+2,260
| +5% | +$95.5K |
|
2429
Green Brick Partners
GRBK
$3.02B
| $1.93M | ﹤0.01% |
178,001
+115,464
| +185% | +$1.39M |
|
2430
AstraZeneca
AZN
$245B
| $1.92M | ﹤0.01% |
30,205
+3,690
| +14% | +$243K |
|
|
CRWN
2431
DELISTED
CROWN MEDIA HOLDINGS INC CL-A
CRWN
| $1.92M | ﹤0.01% |
359,081
+58,551
| +19% | +$282K |
|
2432
Century Aluminum
CENX
$4.76B
| $1.92M | ﹤0.01% |
417,511
-336,125
| -45% | -$2.35M |
|
|
FDML
2433
DELISTED
Federal-Mogul Holdings Corporation
FDML
| $1.92M | ﹤0.01% |
281,163
+7,798
| +3% | +$72.9K |
|
2434
Toyota
TM
$223B
| $1.92M | ﹤0.01% |
16,346
-5,848
| -26% | -$733K |
|
2435
Stoneridge
SRI
$200M
| $1.91M | ﹤0.01% |
155,166
+1,044
| +0.7% | +$12.4K |
|
|
TRUE
2436
DELISTED
TrueCar
TRUE
| $1.91M | ﹤0.01% |
367,330
+225,714
| +159% | +$1.6M |
|
|
SNC
2437
DELISTED
State National Companies, Inc.
SNC
| $1.91M | ﹤0.01% |
204,408
+7,773
| +4% | +$77.7K |
|
2438
Plug Power
PLUG
$3.21B
| $1.91M | ﹤0.01% |
1,043,612
+63,849
| +7% | +$136K |
|
|
ASEI
2439
DELISTED
AMER SCIENCE & ENGR INC.
ASEI
| $1.91M | ﹤0.01% |
53,701
+649
| +1% | +$26.4K |
|
|
TSE
2440
DELISTED
Trinseo
TSE
| $1.91M | ﹤0.01% |
75,630
+13,375
| +21% | +$357K |
|
|
FGL
2441
DELISTED
Fidelity & Guaranty Life
FGL
| $1.91M | ﹤0.01% |
77,744
+8,096
| +12% | +$201K |
|
2442
Cytokinetics
CYTK
$10.3B
| $1.9M | ﹤0.01% |
284,313
+87,835
| +45% | +$600K |
|
2443
Powell Industries
POWL
$7.6B
| $1.9M | ﹤0.01% |
189,330
+1,851
| +1% | +$18.3K |
|
|
VRTV
2444
DELISTED
VERITIV CORPORATION
VRTV
| $1.89M | ﹤0.01% |
50,893
+2,388
| +5% | +$87.5K |
|
2445
Tejon Ranch
TRC
$443M
| $1.89M | ﹤0.01% |
89,422
+751
| +0.8% | +$17.6K |
|
|
CNR
2446
DELISTED
Cornerstone Building Brands, Inc.
CNR
| $1.89M | ﹤0.01% |
179,123
+11,529
| +7% | +$141K |
|
|
OTIC
2447
DELISTED
Otonomy, Inc.
OTIC
| $1.89M | ﹤0.01% |
105,998
+2,859
| +3% | +$67.6K |
|
|
ONDK
2448
DELISTED
On Deck Capital, Inc.
ONDK
| $1.88M | ﹤0.01% |
190,339
+111,791
| +142% | +$1.19M |
|
2449
IMAX
IMAX
$2.89B
| $1.87M | ﹤0.01% |
55,427
+3,463
| +7% | +$120K |
|
2450
Open Text
OTEX
$5.86B
| $1.87M | ﹤0.01% |
83,392
+3,738
| +5% | +$80.8K |
|
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.