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 | |
|---|---|---|---|---|---|---|
2726
FreightCar America
RAIL
$260M
| $1.34M | ﹤0.01% |
93,375
+688
| +0.7% | +$9.81K |
|
2727
Vicor
VICR
$10.2B
| $1.34M | ﹤0.01% |
115,336
+2,399
| +2% | +$26K |
|
2728
Sierra Bancorp
BSRR
$525M
| $1.33M | ﹤0.01% |
71,142
+1,028
| +1% | +$18.3K |
|
|
MCBC
2729
DELISTED
Macatawa Bank Corp
MCBC
| $1.33M | ﹤0.01% |
166,966
+23,333
| +16% | +$181K |
|
2730
First Business Financial Services
FBIZ
$595M
| $1.33M | ﹤0.01% |
56,761
+1,534
| +3% | +$35.5K |
|
2731
Titan Machinery
TITN
$445M
| $1.33M | ﹤0.01% |
127,951
+2,365
| +2% | +$26.1K |
|
|
ENZ
2732
DELISTED
Enzo Biochem, Inc.
ENZ
| $1.33M | ﹤0.01% |
261,118
-28,868
| -10% | -$172K |
|
|
BVH
2733
DELISTED
Bluegreen Vacations Holding Corporation
BVH
| $1.33M | ﹤0.01% |
12,865
| – | – |
|
2734
Agilysys
AGYS
$3.06B
| $1.33M | ﹤0.01% |
119,307
+2,287
| +2% | +$24.9K |
|
2735
Core Molding Technologies
CMT
$234M
| $1.32M | ﹤0.01% |
78,428
+42,217
| +117% | +$632K |
|
2736
Syndax Pharmaceuticals
SNDX
$1.82B
| $1.32M | ﹤0.01% |
87,035
+57,056
| +190% | +$750K |
|
2737
Northrim BanCorp
NRIM
$587M
| $1.32M | ﹤0.01% |
204,468
+56,316
| +38% | +$374K |
|
2738
UFP Technologies
UFPT
$2.43B
| $1.31M | ﹤0.01% |
49,554
+12,310
| +33% | +$301K |
|
|
AMNB
2739
DELISTED
American National Bankshares Inc
AMNB
| $1.31M | ﹤0.01% |
46,972
+2,193
| +5% | +$58.5K |
|
|
AHGP
2740
DELISTED
Alliance Holdings GP
AHGP
| $1.31M | ﹤0.01% |
50,365
+11,489
| +30% | +$280K |
|
2741
Aclaris Therapeutics
ACRS
$869M
| $1.31M | ﹤0.01% |
51,145
+2,120
| +4% | +$45K |
|
|
RPT
2742
Rithm Property Trust
RPT
$93.7M
| $1.31M | ﹤0.01% |
16,518
+1,938
| +13% | +$154K |
|
|
HEOP
2743
DELISTED
Heritage Oaks Bancorp
HEOP
| $1.31M | ﹤0.01% |
159,308
+2,247
| +1% | +$18.3K |
|
2744
KRONOS Worldwide
KRO
$989M
| $1.3M | ﹤0.01% |
157,412
+2,219
| +1% | +$15.7K |
|
|
NVTA
2745
DELISTED
Invitae Corporation
NVTA
| $1.3M | ﹤0.01% |
148,836
+55,905
| +60% | +$471K |
|
|
AVG
2746
DELISTED
AVG Technologies N.V.
AVG
| $1.3M | ﹤0.01% |
52,123
+4,062
| +8% | +$99.7K |
|
2747
Methanex
MEOH
$4.12B
| $1.3M | ﹤0.01% |
36,550
+208
| +0.6% | +$6.13K |
|
|
CETV
2748
DELISTED
Central European Media Enterprises Ltd
CETV
| $1.3M | ﹤0.01% |
562,099
+21,485
| +4% | +$49.3K |
|
2749
Ardmore Shipping
ASC
$683M
| $1.29M | ﹤0.01% |
183,694
-42,582
| -19% | -$312K |
|
2750
Ambev
ABEV
$46.4B
| $1.29M | ﹤0.01% |
212,015
+85,700
| +68% | +$512K |
|
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.