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 |
Johnson & Johnson
JNJ
|
+$150M |
| 2 |
Johnson Controls International
JCI
|
+$145M |
| 3 |
ExxonMobil
XOM
|
+$135M |
| 4 |
Apple
AAPL
|
+$129M |
| 5 |
Berkshire Hathaway Class B
BRK.B
|
+$129M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
EMC
EMC CORPORATION
EMC
|
+$437M |
| 2 |
TYC
TYCO INTL PLC COM SHS (IRL)
TYC
|
+$146M |
| 3 |
HOT
STARWOOD HOTELS & RESORTS WORLDWIDE, INC.
HOT
|
+$108M |
| 4 |
Danaher
DHR
|
+$103M |
| 5 |
CPGX
COLUMBIA PIPELINE GROUP IN COM STK (DE)
CPGX
|
+$84.3M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 15.06% |
| 2 | Financials | 14.21% |
| 3 | Healthcare | 14.12% |
| 4 | Industrials | 10.19% |
| 5 | Consumer Discretionary | 9.47% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
APTS
2476
DELISTED
Preferred Apartment Communities, Inc.
APTS
| $2.11M | ﹤0.01% |
156,268
+1,031
| +0.7% | +$14.7K |
|
|
TNGO
2477
DELISTED
Tangoe, Inc.
TNGO
| $2.11M | ﹤0.01% |
255,704
+2,127
| +0.8% | +$18.3K |
|
2478
Ericsson
ERIC
$33.3B
| $2.1M | ﹤0.01% |
291,694
+42,231
| +17% | +$306K |
|
|
FGL
2479
DELISTED
Fidelity & Guaranty Life
FGL
| $2.1M | ﹤0.01% |
90,457
+6,157
| +7% | +$141K |
|
2480
British American Tobacco
BTI
$128B
| $2.09M | ﹤0.01% |
32,784
+148
| +0.5% | +$9.38K |
|
2481
NVE Corp
NVEC
$609M
| $2.09M | ﹤0.01% |
35,417
+2,204
| +7% | +$128K |
|
2482
Curis
CRIS
$7.83M
| $2.08M | ﹤0.01% |
399
+8
| +2% | +$29.3K |
|
2483
El Pollo Loco
LOCO
$462M
| $2.08M | ﹤0.01% |
165,347
-1,914
| -1% | -$25.7K |
|
2484
America's Car Mart
CRMT
$26.9M
| $2.08M | ﹤0.01% |
57,042
+1,951
| +4% | +$69K |
|
2485
1-800-Flowers.com
FLWS
$258M
| $2.07M | ﹤0.01% |
225,650
+3,227
| +1% | +$29.9K |
|
|
AUD
2486
DELISTED
Audacy, Inc.
AUD
| $2.07M | ﹤0.01% |
159,776
+8,414
| +6% | +$115K |
|
2487
Medpace
MEDP
$16.5B
| $2.07M | ﹤0.01% |
+69,219
| New | +$2.02M |
|
|
SIGM
2488
DELISTED
Sigma Designs Inc
SIGM
| $2.07M | ﹤0.01% |
265,222
+19,444
| +8% | +$141K |
|
2489
BlackBerry
BB
$5.26B
| $2.06M | ﹤0.01% |
258,365
-29,485
| -10% | -$221K |
|
2490
Royce Value Trust
RVT
$2.3B
| $2.06M | ﹤0.01% |
+162,576
| New | +$2.04M |
|
2491
STAAR Surgical
STAA
$1.21B
| $2.06M | ﹤0.01% |
218,963
+6,011
| +3% | +$48.3K |
|
|
PBPB
2492
DELISTED
Potbelly
PBPB
| $2.05M | ﹤0.01% |
165,058
-7,325
| -4% | -$94.8K |
|
2493
Myers Industries
MYE
$1.29B
| $2.05M | ﹤0.01% |
157,715
+2,188
| +1% | +$31.2K |
|
2494
Global Indemnity Group
GBLI
| $2.04M | ﹤0.01% |
68,861
+744
| +1% | +$21.9K |
|
2495
Bassett Furniture
BSET
$176M
| $2.04M | ﹤0.01% |
87,909
+1,478
| +2% | +$37.3K |
|
2496
Hooker Furnishings Corp
HOFT
$166M
| $2.04M | ﹤0.01% |
83,139
+443
| +0.5% | +$10.6K |
|
|
PHX
2497
DELISTED
PHX Minerals
PHX
| $2.04M | ﹤0.01% |
116,127
+15,683
| +16% | +$265K |
|
2498
Collegium Pharmaceutical
COLL
$956M
| $2.03M | ﹤0.01% |
105,569
+20,148
| +24% | +$239K |
|
|
HONE
2499
DELISTED
HarborOne Bancorp
HONE
| $2.03M | ﹤0.01% |
+231,659
| New | +$1.83M |
|
|
REN
2500
DELISTED
Resolute Energy Corporaton
REN
| $2.03M | ﹤0.01% |
77,792
+9,563
| +14% | +$138K |
|
Similar funds
Geode Capital Management's Q3 2016 Portfolio in Review
As of Q3 2016, Geode Capital Management held 4,151 positions worth $199B, up 8% from $184B the previous quarter. Its ten largest holdings account for 15% of the portfolio.
Geode Capital Management deployed $6.96B of net new capital in Q3 2016, opening 137 new positions and adding to 3,049 existing holdings. Its largest new stake was Fortive: 4,005,895 shares worth $128M.
By sector, the portfolio is most concentrated in Technology at 15% of assets, up from 14% a quarter earlier, followed by Financials and Healthcare.
On the sell side, the largest reduction was Danaher, an estimated $103M trimmed.
- Geode Capital Management's largest Q3 2016 buy was Fortive: 4,005,895 shares worth $128M.
- Geode Capital Management added most to Johnson & Johnson in Q3 2016, an estimated $150M increase.
- Geode Capital Management's biggest Q3 2016 reduction was Danaher, cutting an estimated $103M.
- Geode Capital Management fully exited EMC CORPORATION in Q3 2016, selling an estimated $437M.
- Geode Capital Management's ten largest holdings make up 15% of its $199B portfolio in Q3 2016.
- Geode Capital Management opened 137 new positions and closed 123 in Q3 2016.
- Geode Capital Management's portfolio value rose 8% quarter-over-quarter to $199B.
Based on Geode Capital Management's 13F filing for Q3 2016, filed 10 Nov 2016.