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 | |
|---|---|---|---|---|---|---|
2451
Calix
CALX
$2.52B
| $1.86M | ﹤0.01% |
239,533
+12,517
| +6% | +$95.1K |
|
2452
Bristow Group
VTOL
$1.37B
| $1.86M | ﹤0.01% |
62,230
-15
| -0% | -$519 |
|
|
PFNX
2453
DELISTED
Pfenex Inc.
PFNX
| $1.86M | ﹤0.01% |
123,953
+26,558
| +27% | +$540K |
|
|
NWBO
2454
DELISTED
Northwest Biotherapeutics, Inc. Common stock
NWBO
| $1.86M | ﹤0.01% |
297,803
-9,980
| -3% | -$93.3K |
|
2455
Federal Agricultural Mortgage
AGM
$2.53B
| $1.86M | ﹤0.01% |
71,683
-3,718
| -5% | -$98.2K |
|
2456
Theravance Biopharma
TBPH
$878M
| $1.86M | ﹤0.01% |
169,201
+7,228
| +4% | +$92K |
|
|
CKP
2457
DELISTED
CHECKPOINT SYSTEMS INC
CKP
| $1.86M | ﹤0.01% |
256,459
+6,092
| +2% | +$50.8K |
|
2458
Ribbon Communications
RBBN
$381M
| $1.85M | ﹤0.01% |
324,054
-9,320
| -3% | -$62.8K |
|
|
MRLN
2459
DELISTED
Marlin Business Services Corp
MRLN
| $1.85M | ﹤0.01% |
120,376
+17,689
| +17% | +$271K |
|
|
LIOX
2460
DELISTED
Lionbridge Technologies
LIOX
| $1.85M | ﹤0.01% |
375,020
+8,962
| +2% | +$50K |
|
2461
Vera Bradley
VRA
$93.8M
| $1.85M | ﹤0.01% |
146,704
-5,238
| -3% | -$60.8K |
|
2462
American Vanguard Corp
AVD
$64.6M
| $1.85M | ﹤0.01% |
159,909
+827
| +0.5% | +$10.2K |
|
|
OLP
2463
One Liberty Properties
OLP
$531M
| $1.85M | ﹤0.01% |
86,637
+3,537
| +4% | +$78K |
|
|
GLDD
2464
DELISTED
Great Lakes Dredge & Dock
GLDD
| $1.84M | ﹤0.01% |
365,911
-2,312
| -0.6% | -$12.7K |
|
|
FLIC
2465
DELISTED
First of Long Island Corp
FLIC
| $1.84M | ﹤0.01% |
102,215
+3,465
| +4% | +$61.6K |
|
|
ACAT
2466
DELISTED
Arctic Cat Inc
ACAT
| $1.84M | ﹤0.01% |
82,831
+528
| +0.6% | +$14.8K |
|
2467
The Bancorp
TBBK
$2.83B
| $1.84M | ﹤0.01% |
241,009
+1,958
| +0.8% | +$16.3K |
|
2468
Onto Innovation
ONTO
$20.9B
| $1.83M | ﹤0.01% |
151,225
+7,479
| +5% | +$106K |
|
|
ZGNX
2469
DELISTED
Zogenix, Inc.
ZGNX
| $1.83M | ﹤0.01% |
+135,991
| New | +$2.45M |
|
|
UCFC
2470
DELISTED
United Community Financial Corp
UCFC
| $1.83M | ﹤0.01% |
365,419
+8,454
| +2% | +$43K |
|
|
DEA
2471
Easterly Government Properties
DEA
$1.18B
| $1.82M | ﹤0.01% |
45,690
+1,036
| +2% | +$40.8K |
|
|
ADXS
2472
DELISTED
Advaxis Inc
ADXS
| $1.82M | ﹤0.01% |
11,848
+1,136
| +11% | +$275K |
|
2473
Corcept Therapeutics
CORT
$12.1B
| $1.82M | ﹤0.01% |
483,620
+38,147
| +9% | +$194K |
|
2474
PDF Solutions
PDFS
$2.13B
| $1.81M | ﹤0.01% |
180,951
+6,522
| +4% | +$82K |
|
2475
Hooker Furnishings Corp
HOFT
$160M
| $1.81M | ﹤0.01% |
76,790
-9,781
| -11% | -$242K |
|
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.