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 | |
|---|---|---|---|---|---|---|
|
ZEUS
2676
DELISTED
Olympic Steel
ZEUS
| $1.47M | ﹤0.01% |
66,338
-8,951
| -12% | -$214K |
|
2677
MediciNova
MNOV
$66M
| $1.46M | ﹤0.01% |
194,969
+3,648
| +2% | +$24.6K |
|
|
BREW
2678
DELISTED
Craft Brew Alliance, Inc.
BREW
| $1.46M | ﹤0.01% |
77,545
+8,696
| +13% | +$136K |
|
2679
Hingham Institution for Saving
HIFS
$663M
| $1.46M | ﹤0.01% |
10,537
+242
| +2% | +$31.8K |
|
|
DTLK
2680
DELISTED
Datalink Corp
DTLK
| $1.46M | ﹤0.01% |
137,563
+5,330
| +4% | +$50.5K |
|
|
BOJA
2681
DELISTED
Bojangles', Inc. Common Stock
BOJA
| $1.46M | ﹤0.01% |
91,213
+1,628
| +2% | +$27.2K |
|
|
XBKS
2682
DELISTED
Xenith Bankshares, Inc. Common Stock
XBKS
| $1.45M | ﹤0.01% |
62,784
+14,447
| +30% | +$300K |
|
|
FPI
2683
Farmland Partners
FPI
$432M
| $1.44M | ﹤0.01% |
128,994
+73,867
| +134% | +$844K |
|
|
QHC
2684
DELISTED
Quorum Health Corporation
QHC
| $1.44M | ﹤0.01% |
230,428
+32,247
| +16% | +$264K |
|
2685
Limoneira
LMNR
$251M
| $1.44M | ﹤0.01% |
76,309
+2,123
| +3% | +$38.3K |
|
|
CACQ
2686
DELISTED
Caesars Acquisition Company
CACQ
| $1.44M | ﹤0.01% |
116,172
+6,172
| +6% | +$71.4K |
|
|
ACAT
2687
DELISTED
Arctic Cat Inc
ACAT
| $1.43M | ﹤0.01% |
92,165
+1,029
| +1% | +$16.1K |
|
2688
Karyopharm Therapeutics
KPTI
$48M
| $1.43M | ﹤0.01% |
9,766
+201
| +2% | +$24.2K |
|
|
RXDX
2689
DELISTED
Ignyta, Inc.
RXDX
| $1.42M | ﹤0.01% |
226,446
+11,948
| +6% | +$69.4K |
|
2690
Bar Harbor Bankshares
BHB
$666M
| $1.42M | ﹤0.01% |
58,062
+7,842
| +16% | +$190K |
|
2691
Commercial Vehicle Group
CVGI
$147M
| $1.42M | ﹤0.01% |
246,105
+24,622
| +11% | +$121K |
|
2692
MasterCraft Boat Holdings
MCFT
$590M
| $1.42M | ﹤0.01% |
124,752
+76,370
| +158% | +$878K |
|
2693
First Bancorp
FNLC
$399M
| $1.42M | ﹤0.01% |
59,256
+6,404
| +12% | +$143K |
|
2694
Franklin Covey
FC
$246M
| $1.42M | ﹤0.01% |
79,668
+1,680
| +2% | +$27.1K |
|
|
ORC
2695
Orchid Island Capital
ORC
$1.31B
| $1.42M | ﹤0.01% |
27,174
+912
| +3% | +$48.7K |
|
|
CTLP
2696
DELISTED
Cantaloupe
CTLP
| $1.41M | ﹤0.01% |
250,994
+4,866
| +2% | +$24K |
|
|
CRR
2697
DELISTED
Carbo Ceramics Inc.
CRR
| $1.41M | ﹤0.01% |
128,444
+2,694
| +2% | +$34.6K |
|
2698
Toyota
TM
$225B
| $1.4M | ﹤0.01% |
12,092
-781
| -6% | -$89.4K |
|
|
TGH
2699
DELISTED
Textainer Group Holdings limited
TGH
| $1.4M | ﹤0.01% |
187,077
+9,968
| +6% | +$98.5K |
|
|
GLDD
2700
DELISTED
Great Lakes Dredge & Dock
GLDD
| $1.4M | ﹤0.01% |
399,633
+5,858
| +1% | +$23.7K |
|
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.