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 | |
|---|---|---|---|---|---|---|
|
CLCD
2551
DELISTED
CoLucid Pharmaceuticals, Inc.
CLCD
| $1.86M | ﹤0.01% |
48,723
+22,834
| +88% | +$338K |
|
2552
The Bancorp
TBBK
$2.84B
| $1.85M | ﹤0.01% |
288,304
+33,695
| +13% | +$195K |
|
|
WW
2553
DELISTED
WW International
WW
| $1.85M | ﹤0.01% |
179,228
-2,393
| -1% | -$26.3K |
|
2554
Monarch Casino & Resort
MCRI
$2.23B
| $1.85M | ﹤0.01% |
73,404
-715
| -1% | -$16.8K |
|
|
XTLY
2555
DELISTED
Xactly Corporation
XTLY
| $1.85M | ﹤0.01% |
125,569
+55,349
| +79% | +$742K |
|
2556
RadNet
RDNT
$5.69B
| $1.84M | ﹤0.01% |
248,964
+12,246
| +5% | +$78K |
|
|
FBNK
2557
DELISTED
First Connecticut Bancorp, Inc
FBNK
| $1.84M | ﹤0.01% |
103,387
+15,580
| +18% | +$265K |
|
|
GLUU
2558
DELISTED
Glu Mobile Inc.
GLUU
| $1.84M | ﹤0.01% |
820,855
+9,755
| +1% | +$22.6K |
|
|
ACGN
2559
DELISTED
Aceragen Inc
ACGN
| $1.83M | ﹤0.01% |
5,273
+193
| +4% | +$51.1K |
|
|
MR
2560
DELISTED
Montage Resources Corporation Common Stock
MR
| $1.83M | ﹤0.01% |
37,127
+15,103
| +69% | +$723K |
|
|
ARAV
2561
DELISTED
Aravive, Inc. Common Stock
ARAV
| $1.83M | ﹤0.01% |
24,904
+473
| +2% | +$34.2K |
|
2562
CNB Financial Corp
CCNE
$1.03B
| $1.82M | ﹤0.01% |
86,105
+10,103
| +13% | +$196K |
|
|
PHIIK
2563
DELISTED
PHI, Inc. Non-Voting Common Stock
PHIIK
| $1.82M | ﹤0.01% |
100,263
-4,931
| -5% | -$93.7K |
|
2564
Covenant Logistics
CVLG
$872M
| $1.82M | ﹤0.01% |
188,182
+2,560
| +1% | +$25.8K |
|
|
ZGNX
2565
DELISTED
Zogenix, Inc.
ZGNX
| $1.82M | ﹤0.01% |
159,089
+3,684
| +2% | +$34K |
|
2566
Duluth Holdings
DLTH
$159M
| $1.81M | ﹤0.01% |
68,446
+5,256
| +8% | +$143K |
|
|
AVID
2567
DELISTED
Avid Technology Inc
AVID
| $1.81M | ﹤0.01% |
228,598
+8,718
| +4% | +$67K |
|
|
ACBI
2568
DELISTED
Atlantic Capital Bancshares, Inc. Common Stock
ACBI
| $1.81M | ﹤0.01% |
120,903
+40,274
| +50% | +$607K |
|
|
BBBY
2569
Bed Bath & Beyond
BBBY
$442M
| $1.81M | ﹤0.01% |
157,007
+1,593
| +1% | +$19K |
|
|
CTO
2570
CTO Realty Growth
CTO
$815M
| $1.81M | ﹤0.01% |
130,034
+2,656
| +2% | +$35.8K |
|
2571
Lands' End
LE
$403M
| $1.8M | ﹤0.01% |
124,487
+1,325
| +1% | +$21.9K |
|
2572
ImmunityBio
IBRX
$8.1B
| $1.8M | ﹤0.01% |
231,623
+132,626
| +134% | +$991K |
|
|
PKD
2573
DELISTED
Parker Drilling Company
PKD
| $1.8M | ﹤0.01% |
55,274
+643
| +1% | +$20.7K |
|
|
MOFG
2574
DELISTED
MidWestOne Financial Group
MOFG
| $1.79M | ﹤0.01% |
59,130
+8,887
| +18% | +$263K |
|
2575
eHealth
EHTH
$43.9M
| $1.79M | ﹤0.01% |
159,799
-14,761
| -8% | -$174K |
|
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.