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 | |
|---|---|---|---|---|---|---|
2626
Miller Industries
MLR
$619M
| $1.63M | ﹤0.01% |
71,606
+1,586
| +2% | +$34.3K |
|
|
GCAP
2627
DELISTED
Gain Capital Holdings, Inc.
GCAP
| $1.62M | ﹤0.01% |
261,867
+17,711
| +7% | +$115K |
|
|
STS
2628
DELISTED
Supreme Industries Inc Class A
STS
| $1.61M | ﹤0.01% |
83,216
-13,164
| -14% | -$216K |
|
|
ESIO
2629
DELISTED
Electro Scientific Industries
ESIO
| $1.6M | ﹤0.01% |
284,341
+90,933
| +47% | +$532K |
|
|
MYOK
2630
DELISTED
MyoKardia, Inc. Common Stock
MYOK
| $1.6M | ﹤0.01% |
97,802
+32,306
| +49% | +$583K |
|
|
SPA
2631
DELISTED
Sparton
SPA
| $1.59M | ﹤0.01% |
60,595
+904
| +2% | +$20.8K |
|
2632
First Mid Bancshares
FMBH
$1.36B
| $1.59M | ﹤0.01% |
+58,321
| New | +$1.46M |
|
|
ONDK
2633
DELISTED
On Deck Capital, Inc.
ONDK
| $1.59M | ﹤0.01% |
278,713
+6,704
| +2% | +$38.3K |
|
2634
Alto Ingredients
ALTO
$340M
| $1.59M | ﹤0.01% |
229,637
+68,518
| +43% | +$441K |
|
|
ZAGG
2635
DELISTED
ZAGG Inc Common Stock (Delaware)
ZAGG
| $1.59M | ﹤0.01% |
195,815
-2,514
| -1% | -$17.6K |
|
2636
Dr. Reddy's Laboratories
RDY
$10.2B
| $1.58M | ﹤0.01% |
172,780
-22,110
| -11% | -$211K |
|
2637
Atlassian
TEAM
$37.8B
| $1.58M | ﹤0.01% |
52,860
+11,441
| +28% | +$335K |
|
|
OMED
2638
DELISTED
OncoMed Pharmaceuticals, Inc.
OMED
| $1.58M | ﹤0.01% |
138,506
+31,524
| +29% | +$367K |
|
2639
Reading International Class A
RDI
$34.3M
| $1.57M | ﹤0.01% |
118,015
+3,893
| +3% | +$51.6K |
|
2640
Green Brick Partners
GRBK
$3.14B
| $1.57M | ﹤0.01% |
190,465
+2,622
| +1% | +$20K |
|
|
CTRL
2641
DELISTED
Control4 Corporation
CTRL
| $1.57M | ﹤0.01% |
128,106
+2,823
| +2% | +$28.9K |
|
|
NEWS
2642
DELISTED
NewStar Financial, Inc.
NEWS
| $1.57M | ﹤0.01% |
161,919
+3,233
| +2% | +$32K |
|
|
PRTK
2643
DELISTED
Paratek Pharmaceuticals, Inc.
PRTK
| $1.57M | ﹤0.01% |
120,639
+66,828
| +124% | +$886K |
|
2644
Impinj
PI
$5.6B
| $1.56M | ﹤0.01% |
+41,824
| New | +$1.1M |
|
2645
CVR Energy
CVI
$3.13B
| $1.56M | ﹤0.01% |
113,643
-9,803
| -8% | -$141K |
|
|
PACEU
2646
DELISTED
Pace Holdings Corp.
PACEU
| $1.56M | ﹤0.01% |
150,000
| – | – |
|
|
LTS
2647
DELISTED
Ladenburg Thalmann Financial Services Inc
LTS
| $1.55M | ﹤0.01% |
673,189
+10,443
| +2% | +$24.3K |
|
|
HIVE
2648
DELISTED
Aerohive Networks
HIVE
| $1.55M | ﹤0.01% |
255,108
+112,345
| +79% | +$754K |
|
|
UCTT
2649
Ultra Clean Holdings
UCTT
$3.95B
| $1.55M | ﹤0.01% |
209,177
+4,180
| +2% | +$27.4K |
|
|
TTM
2650
DELISTED
Tata Motors Limited
TTM
| $1.55M | ﹤0.01% |
38,783
-3,630
| -9% | -$141K |
|
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.