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 | |
|---|---|---|---|---|---|---|
2526
Malibu Boats
MBUU
$567M
| $1.93M | ﹤0.01% |
129,472
+1,805
| +1% | +$24.7K |
|
2527
VSE Corp
VSEC
$6.12B
| $1.93M | ﹤0.01% |
56,780
+1,032
| +2% | +$35.2K |
|
|
CARO
2528
DELISTED
Carolina Financial Corp.
CARO
| $1.93M | ﹤0.01% |
86,348
+15,131
| +21% | +$312K |
|
2529
Liquidity Services
LQDT
$1.32B
| $1.93M | ﹤0.01% |
171,406
+2,255
| +1% | +$20.8K |
|
2530
Culp Inc
CULP
$44.1M
| $1.93M | ﹤0.01% |
64,685
+1,514
| +2% | +$44.7K |
|
2531
XBiotech
XBIT
$69.2M
| $1.93M | ﹤0.01% |
143,040
+82,209
| +135% | +$1.21M |
|
2532
TSMC
TSM
$2.18T
| $1.92M | ﹤0.01% |
62,845
+1,690
| +3% | +$48.3K |
|
|
RYZ
2533
Ryerson Holding Corp
RYZ
$1.46B
| $1.91M | ﹤0.01% |
169,480
+94,240
| +125% | +$1.27M |
|
|
GLBL
2534
DELISTED
TerraForm Global, Inc. Class A Common Stock
GLBL
| $1.91M | ﹤0.01% |
465,421
+2,141
| +0.5% | +$7.65K |
|
|
GOLD
2535
DELISTED
Randgold Resources Ltd
GOLD
| $1.91M | ﹤0.01% |
19,089
+903
| +5% | +$97.9K |
|
|
RAS
2536
DELISTED
RAIT Financial Trust
RAS
| $1.91M | ﹤0.01% |
564,380
+9,193
| +2% | +$28.8K |
|
|
STRP
2537
DELISTED
Straight Path Communications Inc.
STRP
| $1.9M | ﹤0.01% |
74,332
+2,967
| +4% | +$70.9K |
|
2538
Anterix
ATEX
$1.94B
| $1.9M | ﹤0.01% |
82,837
+1,049
| +1% | +$23.4K |
|
2539
TotalEnergies
TTE
$190B
| $1.9M | ﹤0.01% |
320,636,070
-23,372,979,815
| -99% | -$16.4M |
|
|
RRTS
2540
DELISTED
RoadRunner Transportation Systems, Inc.
RRTS
| $1.9M | ﹤0.01% |
9,501
+102
| +1% | +$20.7K |
|
|
ADMS
2541
DELISTED
Adamas Pharmaceuticals
ADMS
| $1.88M | ﹤0.01% |
114,631
+2,430
| +2% | +$36.9K |
|
2542
AstraZeneca
AZN
$250B
| $1.88M | ﹤0.01% |
28,561
-3,960
| -12% | -$259K |
|
2543
Mitek Systems
MITK
$834M
| $1.88M | ﹤0.01% |
226,400
-9,212
| -4% | -$72.2K |
|
|
CONN
2544
DELISTED
Conn's Inc.
CONN
| $1.88M | ﹤0.01% |
181,802
+2,745
| +2% | +$21.5K |
|
|
VWTR
2545
DELISTED
Vidler Water Resouces, Inc. Common Stock
VWTR
| $1.87M | ﹤0.01% |
158,792
+1,910
| +1% | +$20.1K |
|
|
EMCI
2546
DELISTED
EMC INS Group Inc
EMCI
| $1.87M | ﹤0.01% |
69,332
+3,400
| +5% | +$94.5K |
|
|
MCRN
2547
DELISTED
Milacron Holdings Corp.
MCRN
| $1.86M | ﹤0.01% |
116,721
+1,461
| +1% | +$23.4K |
|
|
MB
2548
DELISTED
MINDBODY, Inc. Class A Common Stock
MB
| $1.86M | ﹤0.01% |
94,723
+12,144
| +15% | +$213K |
|
|
TUES
2549
DELISTED
Tuesday Morning Corp
TUES
| $1.86M | ﹤0.01% |
310,946
+4,795
| +2% | +$34K |
|
|
CGI
2550
DELISTED
Celadon Group Inc
CGI
| $1.86M | ﹤0.01% |
212,597
+2,095
| +1% | +$16.9K |
|
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.