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 | |
|---|---|---|---|---|---|---|
|
EMKR
2776
DELISTED
Emcore Corp
EMKR
| $1.22M | ﹤0.01% |
21,450
+4,463
| +26% | +$246K |
|
|
CZZ
2777
DELISTED
Cosan Limited
CZZ
| $1.22M | ﹤0.01% |
+170,662
| New | +$1.15M |
|
|
TUBE
2778
DELISTED
TubeMogul, Inc.
TUBE
| $1.22M | ﹤0.01% |
130,133
+3,857
| +3% | +$38.9K |
|
|
VIA
2779
DELISTED
Viacom Inc. Class A
VIA
| $1.21M | ﹤0.01% |
28,360
-2,552
| -8% | -$117K |
|
2780
Oppenheimer Holdings
OPY
$1.2B
| $1.21M | ﹤0.01% |
84,766
+2,035
| +2% | +$31.7K |
|
|
SNAK
2781
DELISTED
Inventure Foods, Inc.
SNAK
| $1.21M | ﹤0.01% |
128,905
+2,038
| +2% | +$18.4K |
|
|
XCO
2782
DELISTED
Exco Resources
XCO
| $1.21M | ﹤0.01% |
75,449
+1,378
| +2% | +$24.6K |
|
|
CSLT
2783
DELISTED
CASTLIGHT HEALTH, INC.
CSLT
| $1.21M | ﹤0.01% |
290,843
+4,133
| +1% | +$16.9K |
|
2784
Freshpet
FRPT
$3.22B
| $1.19M | ﹤0.01% |
137,787
+3,559
| +3% | +$35.1K |
|
|
EMD
2785
DELISTED
Western Asset Emerging Markets
EMD
| $1.19M | ﹤0.01% |
+103,507
| New | +$1.19M |
|
2786
Graham Corp
GHM
$1.31B
| $1.19M | ﹤0.01% |
62,183
+1,410
| +2% | +$26.6K |
|
2787
Vishay Precision Group
VPG
$914M
| $1.19M | ﹤0.01% |
74,064
+2,320
| +3% | +$33.8K |
|
|
AAMI
2788
Acadian Asset Management
AAMI
$3.19B
| $1.19M | ﹤0.01% |
85,319
-21,069
| -20% | -$285K |
|
|
JONE
2789
DELISTED
Jones Energy, Inc.
JONE
| $1.19M | ﹤0.01% |
18,114
+7,126
| +65% | +$440K |
|
|
WFBI
2790
DELISTED
WashingtonFirst Bankshares Inc
WFBI
| $1.19M | ﹤0.01% |
50,586
+16,557
| +49% | +$377K |
|
2791
Rocket Pharmaceuticals
RCKT
$394M
| $1.18M | ﹤0.01% |
31,241
+5,416
| +21% | +$170K |
|
2792
Superior Group of Companies
SGC
$225M
| $1.18M | ﹤0.01% |
59,757
+2,282
| +4% | +$40.9K |
|
|
TNAV
2793
DELISTED
Telenav Inc.
TNAV
| $1.17M | ﹤0.01% |
204,998
+4,693
| +2% | +$25.5K |
|
2794
Corbus Pharmaceuticals
CRBP
$190M
| $1.17M | ﹤0.01% |
5,740
+954
| +20% | +$119K |
|
2795
LSB Industries
LXU
$693M
| $1.17M | ﹤0.01% |
177,133
+2,794
| +2% | +$23.8K |
|
2796
Intellia Therapeutics
NTLA
$1.67B
| $1.17M | ﹤0.01% |
68,703
+1,357
| +2% | +$26.3K |
|
|
SFUN
2797
DELISTED
Fang Holdings Limited American Depositary Shares (each representing ten Class A Ordinary Shares)
SFUN
| $1.17M | ﹤0.01% |
5,235
+566
| +12% | +$135K |
|
2798
Capital City Bank Group
CCBG
$890M
| $1.17M | ﹤0.01% |
79,038
+9,854
| +14% | +$141K |
|
|
AMBR
2799
DELISTED
Amber Road Inc
AMBR
| $1.16M | ﹤0.01% |
120,691
+44,286
| +58% | +$423K |
|
|
DRRX
2800
DELISTED
DURECT Corp
DRRX
| $1.16M | ﹤0.01% |
83,653
+8,100
| +11% | +$133K |
|
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.