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 | |
|---|---|---|---|---|---|---|
|
ECOM
2501
DELISTED
CHANNELADVISOR CORPORATION
ECOM
| $2.02M | ﹤0.01% |
156,636
+591
| +0.4% | +$8K |
|
|
IMMU
2502
DELISTED
Immunomedics Inc
IMMU
| $2.02M | ﹤0.01% |
623,138
+9,105
| +1% | +$25.5K |
|
|
LIOX
2503
DELISTED
Lionbridge Technologies
LIOX
| $2.02M | ﹤0.01% |
404,422
+4,570
| +1% | +$21.4K |
|
|
CLD
2504
DELISTED
Cloud Peak Energy Inc
CLD
| $2.02M | ﹤0.01% |
371,161
+39,272
| +12% | +$137K |
|
|
SGI
2505
DELISTED
Silicon Graphics Intl.
SGI
| $2.02M | ﹤0.01% |
261,973
+21,843
| +9% | +$145K |
|
|
SCACU
2506
DELISTED
Saban Capital Acquisition Corp. Units
SCACU
| $2.02M | ﹤0.01% |
+200,000
| New | +$2.01M |
|
|
MCF
2507
DELISTED
Contango Oil & Gas Co.
MCF
| $2.01M | ﹤0.01% |
197,098
+78,238
| +66% | +$805K |
|
2508
Johnson Outdoors
JOUT
$505M
| $2.01M | ﹤0.01% |
55,263
+5,990
| +12% | +$186K |
|
|
PRMW
2509
DELISTED
Primo Water Corporation
PRMW
| $2.01M | ﹤0.01% |
165,442
+2,059
| +1% | +$24.2K |
|
2510
Bank of Marin Bancorp
BMRC
$459M
| $2M | ﹤0.01% |
80,650
+10,134
| +14% | +$251K |
|
|
ASCMA
2511
DELISTED
Ascent Capital Group, Inc. Series A
ASCMA
| $2M | ﹤0.01% |
86,260
+172
| +0.2% | +$3.43K |
|
2512
Stratasys
SSYS
$774M
| $1.99M | ﹤0.01% |
82,779
+4,839
| +6% | +$105K |
|
2513
Novartis
NVS
$297B
| $1.99M | ﹤0.01% |
28,180
-917
| -3% | -$66.8K |
|
2514
LSI Industries
LYTS
$924M
| $1.99M | ﹤0.01% |
177,129
+2,449
| +1% | +$26.1K |
|
|
MBVT
2515
DELISTED
Merchants Bancshares Inc
MBVT
| $1.98M | ﹤0.01% |
61,269
+1,289
| +2% | +$41.6K |
|
|
SNOW
2516
DELISTED
Intrawest Resorts Holdings, Inc.
SNOW
| $1.98M | ﹤0.01% |
122,162
+11,895
| +11% | +$181K |
|
2517
Seneca Foods Class A
SENEA
$1.21B
| $1.98M | ﹤0.01% |
69,987
+11,928
| +21% | +$402K |
|
|
MODN
2518
DELISTED
MODEL N, INC.
MODN
| $1.97M | ﹤0.01% |
176,987
+50,208
| +40% | +$589K |
|
|
NSTG
2519
DELISTED
NanoString Technologies, Inc.
NSTG
| $1.97M | ﹤0.01% |
98,462
+9,844
| +11% | +$156K |
|
2520
Geospace Technologies
GEOS
$75.7M
| $1.96M | ﹤0.01% |
100,683
+1,060
| +1% | +$18.3K |
|
2521
Protagonist Therapeutics
PTGX
$9.44B
| $1.96M | ﹤0.01% |
+92,820
| New | +$1.27M |
|
|
MEET
2522
DELISTED
The Meet Group, Inc. Common Stock
MEET
| $1.95M | ﹤0.01% |
315,240
-148,900
| -32% | -$913K |
|
|
EBTC
2523
DELISTED
Enterprise Bancorp
EBTC
| $1.95M | ﹤0.01% |
69,552
+32,429
| +87% | +$802K |
|
2524
Trupanion
TRUP
$1.18B
| $1.94M | ﹤0.01% |
114,527
+20,650
| +22% | +$316K |
|
|
PETX
2525
DELISTED
Aratana Therapeutics, Inc.
PETX
| $1.93M | ﹤0.01% |
206,555
+17,370
| +9% | +$144K |
|
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.