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 | |
|---|---|---|---|---|---|---|
|
BBOX
2601
DELISTED
Black Box Corp
BBOX
| $1.7M | ﹤0.01% |
121,964
-542
| -0.4% | -$7.51K |
|
2602
Arbor Realty Trust
ABR
$998M
| $1.69M | ﹤0.01% |
227,931
| – | – |
|
|
SNBC
2603
DELISTED
Sun Bancorp Inc
SNBC
| $1.69M | ﹤0.01% |
73,307
+9,303
| +15% | +$206K |
|
|
TBNK
2604
DELISTED
Territorial Bancorp Inc.
TBNK
| $1.69M | ﹤0.01% |
58,913
+615
| +1% | +$17.2K |
|
|
RDS.B
2605
DELISTED
Royal Dutch Shell PLC ADS Class B
RDS.B
| $1.69M | ﹤0.01% |
31,933
-478
| -1% | -$25.6K |
|
|
TRK
2606
DELISTED
Speedway Motorsports, Inc.
TRK
| $1.68M | ﹤0.01% |
94,187
+2,192
| +2% | +$39.3K |
|
|
NVEE
2607
DELISTED
NV5 Global
NVEE
| $1.68M | ﹤0.01% |
208,132
+2,316
| +1% | +$18.3K |
|
2608
PDS Biotechnology
PDSB
$43.4M
| $1.68M | ﹤0.01% |
8,068
+4,308
| +115% | +$854K |
|
|
PERY
2609
DELISTED
Perry Ellis International Inc
PERY
| $1.67M | ﹤0.01% |
86,778
+1,245
| +1% | +$25.2K |
|
|
BRT
2610
BRT Apartments
BRT
$271M
| $1.67M | ﹤0.01% |
208,311
| – | – |
|
|
BFIN
2611
DELISTED
BankFinancial
BFIN
| $1.67M | ﹤0.01% |
131,355
+7,026
| +6% | +$87.1K |
|
2612
Winmark
WINA
$1.32B
| $1.67M | ﹤0.01% |
15,782
+395
| +3% | +$40.2K |
|
2613
Caesarstone
CSTE
$79.5M
| $1.66M | ﹤0.01% |
44,127
+1,633
| +4% | +$61.8K |
|
2614
BP
BP
$107B
| $1.66M | ﹤0.01% |
56,013
+2,286
| +4% | +$66.3K |
|
2615
Old Second Bancorp
OSBC
$1.29B
| $1.66M | ﹤0.01% |
199,424
+32,614
| +20% | +$250K |
|
|
DS
2616
DELISTED
Drive Shack Inc.
DS
| $1.65M | ﹤0.01% |
364,756
| – | – |
|
|
CMCT
2617
Creative Media & Community Trust
CMCT
$13M
| $1.65M | ﹤0.01% |
1
| – | – |
|
2618
Standard BioTools
LAB
$314M
| $1.65M | ﹤0.01% |
206,113
+2,973
| +1% | +$27.3K |
|
|
CACB
2619
DELISTED
Cascade Bancorp
CACB
| $1.65M | ﹤0.01% |
272,439
+60,629
| +29% | +$354K |
|
2620
Ducommun
DCO
$2.98B
| $1.65M | ﹤0.01% |
72,222
+1,306
| +2% | +$28K |
|
2621
National Bankshares
NKSH
$268M
| $1.65M | ﹤0.01% |
44,839
+2,612
| +6% | +$91.5K |
|
2622
Alliance Resource Partners
ARLP
$3.17B
| $1.64M | ﹤0.01% |
74,027
+3,504
| +5% | +$68.8K |
|
|
CMRX
2623
DELISTED
Chimerix, Inc.
CMRX
| $1.64M | ﹤0.01% |
295,461
+5,564
| +2% | +$25.5K |
|
|
FFKT
2624
DELISTED
Farmers Capital Bank Corp
FFKT
| $1.64M | ﹤0.01% |
55,187
+5,022
| +10% | +$148K |
|
2625
Village Super Market
VLGEA
$639M
| $1.63M | ﹤0.01% |
51,034
+2,585
| +5% | +$80.4K |
|
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.