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 | |
|---|---|---|---|---|---|---|
2576
Immersion
IMMR
$252M
| $1.79M | ﹤0.01% |
219,166
+2,992
| +1% | +$22.2K |
|
2577
Nice
NICE
$5.97B
| $1.79M | ﹤0.01% |
26,722
-117
| -0.4% | -$7.79K |
|
|
ZIXI
2578
DELISTED
Zix Corporation
ZIXI
| $1.78M | ﹤0.01% |
435,534
-8,467
| -2% | -$33.5K |
|
2579
CRA International
CRAI
$1.06B
| $1.77M | ﹤0.01% |
66,511
+671
| +1% | +$17.9K |
|
|
TIS
2580
DELISTED
Orchids Paper Products, Inc.
TIS
| $1.77M | ﹤0.01% |
64,936
+881
| +1% | +$26.6K |
|
|
SFE
2581
DELISTED
Safeguard Scientifics, Inc.
SFE
| $1.77M | ﹤0.01% |
136,303
+1,990
| +1% | +$26.4K |
|
|
DNI
2582
DELISTED
Dividend and Income Fund
DNI
| $1.76M | ﹤0.01% |
+157,109
| New | +$1.79M |
|
|
WIW
2583
Western Asset Inflation-Linked Opportunities & Income Fund
WIW
$513M
| $1.76M | ﹤0.01% |
+157,460
| New | +$1.76M |
|
2584
Hurco Companies Inc
HURC
$143M
| $1.76M | ﹤0.01% |
62,656
+1,898
| +3% | +$53.6K |
|
2585
Minerva Neurosciences
NERV
$199M
| $1.75M | ﹤0.01% |
15,501
+3,035
| +24% | +$294K |
|
|
CSS
2586
DELISTED
CSS Industries, Inc.
CSS
| $1.75M | ﹤0.01% |
68,451
+1,061
| +2% | +$28K |
|
|
KMG
2587
DELISTED
KMG Chemicals Inc
KMG
| $1.75M | ﹤0.01% |
61,743
+5,052
| +9% | +$140K |
|
2588
Icon
ICLR
$12.7B
| $1.74M | ﹤0.01% |
22,438
-2,252
| -9% | -$169K |
|
2589
Citizens & Northern Corp
CZNC
$455M
| $1.73M | ﹤0.01% |
78,915
+190
| +0.2% | +$4.03K |
|
|
MGI
2590
DELISTED
MoneyGram International, Inc. New
MGI
| $1.73M | ﹤0.01% |
244,175
+9,200
| +4% | +$65.5K |
|
|
ORM
2591
DELISTED
Owens Realty Mortgage, Inc.
ORM
| $1.73M | ﹤0.01% |
100,095
+2,785
| +3% | +$46.6K |
|
|
PES
2592
DELISTED
Pioneer Energy Services Corp.
PES
| $1.73M | ﹤0.01% |
428,724
-7,761
| -2% | -$28.6K |
|
|
QUNR
2593
DELISTED
Qunar Cayman Islands Limited
QUNR
| $1.72M | ﹤0.01% |
59,468
+3,990
| +7% | +$118K |
|
2594
Seres Therapeutics
MCRB
$48.4M
| $1.72M | ﹤0.01% |
6,997
+2,501
| +56% | +$878K |
|
|
IMGN
2595
DELISTED
Immunogen Inc
IMGN
| $1.71M | ﹤0.01% |
639,592
+18,448
| +3% | +$53.6K |
|
|
BELFB
2596
Bel Fuse Inc Class B
BELFB
$4.21B
| $1.7M | ﹤0.01% |
70,608
+1,188
| +2% | +$25.3K |
|
2597
Elbit Systems
ESLT
$40.3B
| $1.7M | ﹤0.01% |
17,770
-47
| -0.3% | -$4.57K |
|
|
HTBK
2598
DELISTED
Heritage Commerce
HTBK
| $1.7M | ﹤0.01% |
155,638
+514
| +0.3% | +$5.69K |
|
|
HCOM
2599
DELISTED
Hawaiian Telcom Holdco, Inc
HCOM
| $1.7M | ﹤0.01% |
75,873
+5,306
| +8% | +$119K |
|
|
NCOM
2600
DELISTED
National Commerce Corporation
NCOM
| $1.7M | ﹤0.01% |
62,731
+38,023
| +154% | +$982K |
|
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.