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 |
The Kraft Heinz Company
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 | 15.51% |
| 2 | Healthcare | 15.14% |
| 3 | Technology | 14.58% |
| 4 | Industrials | 10.27% |
| 5 | Consumer Discretionary | 9.65% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
226
Analog Devices
ADI
$192B
| $149M | 0.09% |
2,648,568
+131,607
| +5% | +$7.65M |
2013 Q2
9 quarters
|
|
227
Xcel Energy
XEL
$47.7B
| $148M | 0.09% |
4,193,789
+49,833
| +1% | +$1.69M |
2013 Q2
9 quarters
|
|
|
GGP
228
DELISTED
GGP Inc.
GGP
| $145M | 0.09% |
5,589,951
-379,224
| -6% | -$9.96M |
2013 Q2
9 quarters
|
|
|
229
Baxter International
BAX
$13.1B
| $145M | 0.09% |
4,410,944
-3,282,518
| -43% | -$124M |
2013 Q2
9 quarters
|
|
230
DELISTED
Pioneer Natural Resource Co.
PXD
| $144M | 0.09% |
1,188,815
+8,612
| +0.7% | +$1.07M |
2013 Q2
9 quarters
|
|
231
Paychex
PAYX
$39.7B
| $144M | 0.09% |
3,022,707
+181,042
| +6% | +$8.44M |
2013 Q2
9 quarters
|
|
232
Illumina
ILMN
$39.6B
| $144M | 0.09% |
839,800
+14,367
| +2% | +$2.9M |
2013 Q2
9 quarters
|
|
|
SIAL
233
DELISTED
SIGMA - ALDRICH CORP
SIAL
| $143M | 0.09% |
1,034,372
+7,090
| +0.7% | +$989K |
2013 Q2
9 quarters
|
|
234
Cummins
CMI
$73.1B
| $143M | 0.09% |
1,322,210
+42,307
| +3% | +$5.23M |
2013 Q2
9 quarters
|
|
235
Macy's
M
$6.27B
| $140M | 0.08% |
2,725,126
-93,893
| -3% | -$5.89M |
2013 Q2
9 quarters
|
|
236
Sherwin-Williams
SHW
$81.4B
| $139M | 0.08% |
1,881,030
-22,512
| -1% | -$1.97M |
2013 Q2
9 quarters
|
|
|
ATVI
237
DELISTED
Activision Blizzard
ATVI
| $139M | 0.08% |
4,515,166
+834,505
| +23% | +$23.3M |
2013 Q2
9 quarters
|
|
238
DELISTED
Spectra Energy Corp Wi
SE
| $138M | 0.08% |
5,282,259
+60,478
| +1% | +$1.76M |
2013 Q2
9 quarters
|
|
239
Conagra Brands
CAG
$6.91B
| $138M | 0.08% |
4,397,266
-21,341
| -0.5% | -$716K |
2013 Q2
9 quarters
|
|
240
Moody's
MCO
$84B
| $138M | 0.08% |
1,410,779
-9,123
| -0.6% | -$971K |
2013 Q2
9 quarters
|
|
241
Essex Property Trust
ESS
$17.3B
| $138M | 0.08% |
619,446
+1,260
| +0.2% | +$278K |
2013 Q2
9 quarters
|
|
242
Tesla
TSLA
$1.4T
| $137M | 0.08% |
8,294,895
+4,785
| +0.1% | +$81.3K |
2013 Q2
9 quarters
|
|
243
Intuitive Surgical
ISRG
$151B
| $137M | 0.08% |
2,693,385
+31,671
| +1% | +$1.79M |
2013 Q2
9 quarters
|
|
244
Estee Lauder
EL
$37.9B
| $137M | 0.08% |
1,702,012
+37,717
| +2% | +$3.16M |
2013 Q2
9 quarters
|
|
245
WEC Energy
WEC
$35.4B
| $136M | 0.08% |
2,609,841
-25,184
| -1% | -$1.23M |
2013 Q2
9 quarters
|
|
246
Liberty Global Class C
LBTYK
$2.62B
| $136M | 0.08% |
3,809,105
-153,792
| -4% | -$6.22M |
2013 Q2
9 quarters
|
|
247
Under Armour
UAA
$2.04B
| $135M | 0.08% |
2,789,688
+195,118
| +8% | +$9.27M |
2013 Q2
9 quarters
|
|
248
DELISTED
Paramount Global Class B
PARA
| $134M | 0.08% |
3,369,228
-20,019
| -0.6% | -$971K |
2013 Q2
9 quarters
|
|
|
VIAB
249
DELISTED
Viacom Inc. Class B
VIAB
| $133M | 0.08% |
3,094,221
+232,895
| +8% | +$11.5M |
2013 Q2
9 quarters
|
|
|
BXLT
250
DELISTED
BAXALTA INC COM STK (DE)
BXLT
| $133M | 0.08% |
+4,230,083
| New | +$146M |
2015 Q3
0 quarters
|
|
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 16% 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.