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 | |
|---|---|---|---|---|---|---|
|
CAJ
2851
DELISTED
Canon, Inc.
CAJ
| $1.05M | ﹤0.01% |
36,171
+13,042
| +56% | +$372K |
|
2852
Allient
ALNT
$1.92B
| $1.05M | ﹤0.01% |
83,190
+1,351
| +2% | +$19.3K |
|
|
AC
2853
DELISTED
Associated Capital Group
AC
| $1.05M | ﹤0.01% |
29,684
+288
| +1% | +$9.07K |
|
2854
Bristow Group
VTOL
$1.36B
| $1.04M | ﹤0.01% |
64,854
-56
| -0.1% | -$915 |
|
|
ALPN
2855
DELISTED
Alpine Immune Sciences Inc
ALPN
| $1.04M | ﹤0.01% |
31,871
+23,507
| +281% | +$572K |
|
|
ENOC
2856
DELISTED
EnerNOC, Inc.
ENOC
| $1.03M | ﹤0.01% |
191,472
+4,644
| +2% | +$28.2K |
|
|
AGFS
2857
DELISTED
AgroFresh Solutions Inc
AGFS
| $1.03M | ﹤0.01% |
194,697
+15,211
| +8% | +$88.6K |
|
2858
Jakks Pacific
JAKK
$293M
| $1.02M | ﹤0.01% |
11,834
+150
| +1% | +$13.4K |
|
|
ICD
2859
DELISTED
Independence Contract Drilling, Inc.
ICD
| $1.02M | ﹤0.01% |
9,735
+258
| +3% | +$26.1K |
|
|
HMTV
2860
DELISTED
Hemisphere Media Group, Inc.
HMTV
| $1.02M | ﹤0.01% |
80,216
+3,740
| +5% | +$46.8K |
|
2861
Century Casinos
CNTY
$34M
| $1.02M | ﹤0.01% |
147,818
+5,198
| +4% | +$33.5K |
|
|
AOI
2862
DELISTED
Alliance One International
AOI
| $1.02M | ﹤0.01% |
53,433
-491
| -0.9% | -$9.39K |
|
|
HIL
2863
DELISTED
Hill International, Inc. Common Stock
HIL
| $1.02M | ﹤0.01% |
220,905
+4,499
| +2% | +$19.6K |
|
|
RT
2864
DELISTED
Ruby Tuesday Georgia
RT
| $1.02M | ﹤0.01% |
406,500
-771
| -0.2% | -$2.58K |
|
|
INST
2865
DELISTED
Instructure, Inc.
INST
| $1.01M | ﹤0.01% |
40,025
-4,251
| -10% | -$98K |
|
2866
Evolution Petroleum
EPM
$131M
| $1.01M | ﹤0.01% |
160,983
+4,656
| +3% | +$26.6K |
|
2867
DMC Global
BOOM
$157M
| $1.01M | ﹤0.01% |
94,475
+1,894
| +2% | +$20.7K |
|
|
AIQ
2868
DELISTED
Alliance Healthcare Services
AIQ
| $1M | ﹤0.01% |
146,630
+2,178
| +2% | +$13.6K |
|
2869
FerroAtlántica
GSM
$839M
| $1M | ﹤0.01% |
110,890
+6,794
| +7% | +$60.5K |
|
|
TTPH
2870
DELISTED
Tetraphase Pharmaceuticals, Inc.
TTPH
| $998K | ﹤0.01% |
13,032
+200
| +2% | +$16K |
|
|
AAC
2871
DELISTED
AAC Holdings
AAC
| $994K | ﹤0.01% |
57,187
+670
| +1% | +$13.2K |
|
|
YUME
2872
DELISTED
YuMe, Inc.
YUME
| $993K | ﹤0.01% |
250,331
+188,810
| +307% | +$683K |
|
|
GRFS
2873
Grifois
GRFS
$5.4B
| $992K | ﹤0.01% |
62,153
+426
| +0.7% | +$7.01K |
|
|
CNV
2874
DELISTED
CNOVA N.V.
CNV
| $992K | ﹤0.01% |
184,913
+1,188
| +0.6% | +$6.12K |
|
|
IMH
2875
DELISTED
Impac Mortgage Holdings Inc.
IMH
| $991K | ﹤0.01% |
75,197
+24,468
| +48% | +$397K |
|
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.