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 | |
|---|---|---|---|---|---|---|
|
PWOD
2701
DELISTED
Penns Woods Bancorp
PWOD
| $1.4M | ﹤0.01% |
47,181
+5,574
| +13% | +$160K |
|
2702
Hovnanian Enterprises
HOV
$807M
| $1.39M | ﹤0.01% |
33,016
+409
| +1% | +$18K |
|
|
TVIA
2703
DELISTED
TerraVia Holdings, Inc. Common Stock
TVIA
| $1.39M | ﹤0.01% |
506,746
+8,217
| +2% | +$21.2K |
|
|
TRR
2704
DELISTED
Trc Companies
TRR
| $1.39M | ﹤0.01% |
160,599
+3,848
| +2% | +$27.8K |
|
|
AXAS
2705
DELISTED
Abraxas Petroleum Corp
AXAS
| $1.39M | ﹤0.01% |
41,121
+1,865
| +5% | +$50.8K |
|
|
RETA
2706
DELISTED
Reata Pharmaceuticals, Inc. Class A Common Stock
RETA
| $1.39M | ﹤0.01% |
+52,623
| New | +$1.04M |
|
2707
Atlanta Braves Holdings Series A
BATRA
$3.43B
| $1.39M | ﹤0.01% |
79,402
+7,061
| +10% | +$117K |
|
2708
Editas Medicine
EDIT
$442M
| $1.38M | ﹤0.01% |
102,644
+45,875
| +81% | +$940K |
|
2709
MannKind Corp
MNKD
$1.32B
| $1.38M | ﹤0.01% |
446,060
+7,295
| +2% | +$32.3K |
|
|
SMRT
2710
DELISTED
Stein Mart Inc
SMRT
| $1.38M | ﹤0.01% |
217,172
+2,609
| +1% | +$21.2K |
|
|
ATRS
2711
DELISTED
Antares Pharma, Inc.
ATRS
| $1.37M | ﹤0.01% |
817,343
+47,903
| +6% | +$58.7K |
|
|
AVHI
2712
DELISTED
A V Homes, Inc.
AVHI
| $1.37M | ﹤0.01% |
82,300
+4,209
| +5% | +$60.5K |
|
2713
Lindblad Expeditions
LIND
$2.22B
| $1.37M | ﹤0.01% |
152,096
+3,237
| +2% | +$30.5K |
|
|
RNET
2714
DELISTED
RigNet, Inc.
RNET
| $1.37M | ﹤0.01% |
90,405
+1,346
| +2% | +$17.2K |
|
|
DRA
2715
DELISTED
Diversified Real Asset Income Fd
DRA
| $1.36M | ﹤0.01% |
+78,957
| New | +$1.35M |
|
2716
Oil-Dri
ODC
$1.34B
| $1.36M | ﹤0.01% |
72,300
-8,992
| -11% | -$167K |
|
|
FNBC
2717
DELISTED
First NBC Bank Holding Company
FNBC
| $1.36M | ﹤0.01% |
143,835
-1,244
| -0.9% | -$18.1K |
|
2718
Nicolet Bankshares
NIC
$3.62B
| $1.35M | ﹤0.01% |
35,282
+10,690
| +43% | +$400K |
|
|
HCCI
2719
DELISTED
Heritage-Crystal Clean, Inc.
HCCI
| $1.35M | ﹤0.01% |
101,848
+2,061
| +2% | +$26.5K |
|
2720
Globant
GLOB
$1.61B
| $1.35M | ﹤0.01% |
32,089
+1,679
| +6% | +$68.6K |
|
|
SRGA
2721
DELISTED
Surgalign Holdings, Inc. Common Stock
SRGA
| $1.35M | ﹤0.01% |
14,391
+283
| +2% | +$28.4K |
|
|
GNBC
2722
DELISTED
Green Bancorp, Inc
GNBC
| $1.35M | ﹤0.01% |
123,636
+35,768
| +41% | +$355K |
|
|
ANCX
2723
DELISTED
Access National Corp
ANCX
| $1.35M | ﹤0.01% |
56,380
+9,960
| +21% | +$220K |
|
|
CBPO
2724
DELISTED
China Biologic Products Holdings, Inc.
CBPO
| $1.35M | ﹤0.01% |
10,818
+69
| +0.6% | +$8.14K |
|
|
TBHC
2725
DELISTED
The Brand House Collective
TBHC
| $1.34M | ﹤0.01% |
110,491
+1,201
| +1% | +$16.8K |
|
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.