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 | |
|---|---|---|---|---|---|---|
|
ANW
2751
DELISTED
Aegean Marine Petroleum Network
ANW
| $1.29M | ﹤0.01% |
129,199
+18,272
| +16% | +$152K |
|
|
HABT
2752
DELISTED
The Habit Restaurants, Inc. - Class A
HABT
| $1.29M | ﹤0.01% |
92,071
+1,107
| +1% | +$17K |
|
2753
AMES National
ATLO
$277M
| $1.29M | ﹤0.01% |
46,542
+1,204
| +3% | +$32.9K |
|
2754
WPP
WPP
$5.94B
| $1.29M | ﹤0.01% |
10,940
-38
| -0.3% | -$4.33K |
|
|
MFSF
2755
DELISTED
MutualFirst Financial Inc
MFSF
| $1.29M | ﹤0.01% |
46,418
+4,129
| +10% | +$115K |
|
|
BLMT
2756
DELISTED
BSB Bancorp, Inc.
BLMT
| $1.28M | ﹤0.01% |
54,864
+2,271
| +4% | +$53.1K |
|
2757
FRP Holdings
FRPH
$421M
| $1.28M | ﹤0.01% |
82,396
+1,622
| +2% | +$27.4K |
|
2758
IES Holdings
IESC
$15.2B
| $1.28M | ﹤0.01% |
71,901
-7,493
| -9% | -$115K |
|
2759
Addus HomeCare
ADUS
$2.23B
| $1.28M | ﹤0.01% |
48,783
+1,172
| +2% | +$25.8K |
|
|
RSYS
2760
DELISTED
Radisys Corp
RSYS
| $1.27M | ﹤0.01% |
237,818
-30
| -0% | -$152 |
|
2761
Nathan's Famous
NATH
$402M
| $1.27M | ﹤0.01% |
24,171
+446
| +2% | +$21.7K |
|
|
SDRL
2762
DELISTED
Seadrill Limited Common Stock
SDRL
| $1.27M | ﹤0.01% |
2,004
-142
| -7% | -$102K |
|
|
QADA
2763
DELISTED
QAD Inc.
QADA
| $1.27M | ﹤0.01% |
56,638
+471
| +0.8% | +$9.7K |
|
|
AGTC
2764
DELISTED
Applied Genetic Technologies Corporation
AGTC
| $1.26M | ﹤0.01% |
129,314
+8,765
| +7% | +$118K |
|
2765
Tiptree Inc
TIPT
$675M
| $1.25M | ﹤0.01% |
211,097
+112
| +0.1% | +$616 |
|
2766
Ternium
TX
$10.6B
| $1.25M | ﹤0.01% |
63,672
+19,660
| +45% | +$408K |
|
2767
Destination XL Group
DXLG
$35.4M
| $1.25M | ﹤0.01% |
287,736
+7,358
| +3% | +$35.9K |
|
|
REIS
2768
DELISTED
Reis, Inc.
REIS
| $1.25M | ﹤0.01% |
60,886
+1,723
| +3% | +$37.7K |
|
2769
ReposiTrak
TRAK
$159M
| $1.24M | ﹤0.01% |
105,137
+24,036
| +30% | +$245K |
|
|
WIA
2770
Western Asset Inflation-Linked Income Fund
WIA
$186M
| $1.24M | ﹤0.01% |
+108,366
| New | +$1.25M |
|
|
EVDY
2771
DELISTED
Everyday Health, Inc.
EVDY
| $1.24M | ﹤0.01% |
161,337
+2,330
| +1% | +$18.2K |
|
|
PCMI
2772
DELISTED
PCM, Inc
PCMI
| $1.23M | ﹤0.01% |
57,296
+24,809
| +76% | +$405K |
|
|
STML
2773
DELISTED
Stemline Therapeutics, Inc.
STML
| $1.23M | ﹤0.01% |
113,770
+1,071
| +1% | +$8.71K |
|
2774
Saga Communications
SGA
$63.9M
| $1.23M | ﹤0.01% |
27,122
+505
| +2% | +$20.9K |
|
|
ARA
2775
DELISTED
American Renal Associates Holdings, Inc
ARA
| $1.23M | ﹤0.01% |
67,103
+17,993
| +37% | +$406K |
|
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.