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 | |
|---|---|---|---|---|---|---|
|
HOS
2801
DELISTED
Hornbeck Offshore Services, Inc.
HOS
| $1.16M | ﹤0.01% |
210,585
+3,316
| +2% | +$21.6K |
|
2802
Western New England Bancorp
WNEB
$275M
| $1.16M | ﹤0.01% |
151,249
+2,526
| +2% | +$19.4K |
|
|
ATHX
2803
DELISTED
Athersys, Inc. Common Stock
ATHX
| $1.16M | ﹤0.01% |
21,742
-392
| -2% | -$20.3K |
|
2804
BBVA Argentina
BBAR
$3.49B
| $1.16M | ﹤0.01% |
+58,126
| New | +$1.17M |
|
|
CHFN
2805
DELISTED
Charter Financial Corp
CHFN
| $1.15M | ﹤0.01% |
89,560
+971
| +1% | +$12.8K |
|
|
EPE
2806
DELISTED
EP Energy Corporation
EPE
| $1.15M | ﹤0.01% |
263,206
-3,013
| -1% | -$12.6K |
|
|
TPIC
2807
DELISTED
TPI Composites
TPIC
| $1.15M | ﹤0.01% |
+54,134
| New | +$977K |
|
2808
Orion Group Holdings
ORN
$418M
| $1.14M | ﹤0.01% |
166,780
+5,571
| +3% | +$33.3K |
|
|
XONE
2809
DELISTED
The ExOne Company
XONE
| $1.14M | ﹤0.01% |
75,052
+1,439
| +2% | +$18K |
|
|
PFNX
2810
DELISTED
Pfenex Inc.
PFNX
| $1.13M | ﹤0.01% |
126,534
+848
| +0.7% | +$7.23K |
|
|
TVRD
2811
Tvardi Therapeutics
TVRD
$23.4M
| $1.13M | ﹤0.01% |
3,759
+448
| +14% | +$97.1K |
|
2812
Nordic American Tanker
NAT
$1.37B
| $1.13M | ﹤0.01% |
112,344
+8,486
| +8% | +$98.6K |
|
|
MXWL
2813
DELISTED
Maxwell Technologies Inc
MXWL
| $1.12M | ﹤0.01% |
217,972
+3,901
| +2% | +$20.2K |
|
|
MBTF
2814
DELISTED
MBT Financial Corporation
MBTF
| $1.12M | ﹤0.01% |
123,874
+53,227
| +75% | +$464K |
|
|
JMBA
2815
DELISTED
Jamba, Inc.
JMBA
| $1.12M | ﹤0.01% |
102,705
+1,062
| +1% | +$11.4K |
|
|
GNMX
2816
DELISTED
Aevi Genomic Medicine Inc
GNMX
| $1.12M | ﹤0.01% |
200,393
+6,283
| +3% | +$35.8K |
|
2817
Neurogene
NGNE
$712M
| $1.11M | ﹤0.01% |
4,176
+1,029
| +33% | +$207K |
|
2818
Tandem Diabetes Care
TNDM
$1.53B
| $1.11M | ﹤0.01% |
14,568
+199
| +1% | +$14.5K |
|
|
CASC
2819
DELISTED
Cascadian Therapeutics, Inc.
CASC
| $1.11M | ﹤0.01% |
113,233
+24,481
| +28% | +$174K |
|
2820
FuelCell Energy
FCEL
$1.63B
| $1.11M | ﹤0.01% |
571
+75
| +15% | +$144K |
|
|
LAYN
2821
DELISTED
Layne Christensen Co
LAYN
| $1.11M | ﹤0.01% |
130,878
+2,513
| +2% | +$21.5K |
|
|
SSI
2822
DELISTED
Stage Stores Inc
SSI
| $1.11M | ﹤0.01% |
198,379
+2,403
| +1% | +$13.5K |
|
|
PCO
2823
DELISTED
Pendrell Corporation - Class A
PCO
| $1.11M | ﹤0.01% |
896
+82
| +10% | +$54.1K |
|
2824
Tactile Systems Technology
TCMD
$665M
| $1.11M | ﹤0.01% |
+59,412
| New | +$912K |
|
2825
SFL Corp
SFL
$1.61B
| $1.11M | ﹤0.01% |
75,381
-12,974
| -15% | -$194K |
|
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.