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 | |
|---|---|---|---|---|---|---|
2876
United States Lime & Minerals
USLM
$3.44B
| $986K | ﹤0.01% |
74,745
+970
| +1% | +$12.3K |
|
2877
Pearson
PSO
$9.9B
| $984K | ﹤0.01% |
100,608
+75,382
| +299% | +$866K |
|
2878
Northern Oil and Gas
NOG
$2.35B
| $983K | ﹤0.01% |
36,681
+386
| +1% | +$14.1K |
|
2879
AXT Inc
AXTI
$5.8B
| $979K | ﹤0.01% |
188,800
+31
| +0% | +$125 |
|
|
DEX
2880
DELISTED
DELAWARE ENHANCED GLOBAL DIVIDEND & INCOME FUND
DEX
| $978K | ﹤0.01% |
+96,720
| New | +$975K |
|
2881
INNOVATE Corp
VATE
$165M
| $977K | ﹤0.01% |
17,941
+423
| +2% | +$19.5K |
|
|
IVTY
2882
DELISTED
Invuity, Inc
IVTY
| $977K | ﹤0.01% |
71,235
+47,290
| +197% | +$562K |
|
2883
LifeVantage
LFVN
$85.3M
| $973K | ﹤0.01% |
103,023
-8,906
| -8% | -$116K |
|
2884
Universal Logistics Holdings
ULH
$529M
| $973K | ﹤0.01% |
72,510
+918
| +1% | +$12.7K |
|
|
TSG
2885
DELISTED
The Stars Group Inc.
TSG
| $972K | ﹤0.01% |
60,024
+641
| +1% | +$9.98K |
|
|
PFSW
2886
DELISTED
PFSweb, Inc.
PFSW
| $969K | ﹤0.01% |
108,571
-8,231
| -7% | -$79.9K |
|
2887
LCNB Corp
LCNB
$283M
| $968K | ﹤0.01% |
53,161
+7,259
| +16% | +$127K |
|
2888
Immunic
IMUX
$195M
| $967K | ﹤0.01% |
395
+5
| +1% | +$12.3K |
|
|
JAX
2889
DELISTED
J. Alexander's Holdings, Inc.
JAX
| $967K | ﹤0.01% |
95,487
+4,246
| +5% | +$41.7K |
|
|
WAC
2890
DELISTED
Walter Investment Mgt Corp
WAC
| $966K | ﹤0.01% |
237,988
+19,682
| +9% | +$62K |
|
2891
Build-A-Bear
BBW
$462M
| $965K | ﹤0.01% |
93,173
+1,104
| +1% | +$13.5K |
|
|
CYBE
2892
DELISTED
Cyberoptics Corp
CYBE
| $964K | ﹤0.01% |
39,252
+693
| +2% | +$13.3K |
|
|
CNBKA
2893
DELISTED
Century Bancorp Inc/Mass
CNBKA
| $964K | ﹤0.01% |
21,282
+521
| +3% | +$23K |
|
|
CVLY
2894
DELISTED
Codorus Valley Bancorp Inc
CVLY
| $963K | ﹤0.01% |
53,514
+7,317
| +16% | +$127K |
|
2895
Codexis
CDXS
$158M
| $961K | ﹤0.01% |
216,585
+27,150
| +14% | +$114K |
|
2896
Lee Enterprises
LEE
$182M
| $961K | ﹤0.01% |
25,651
| – | – |
|
2897
Orrstown Financial Services
ORRF
$838M
| $958K | ﹤0.01% |
48,547
+11,093
| +30% | +$222K |
|
2898
Nature's Sunshine
NATR
$288M
| $955K | ﹤0.01% |
59,746
+1,686
| +3% | +$22K |
|
2899
VirnetX Holding Corp
VHC
$63.1M
| $955K | ﹤0.01% |
15,611
+238
| +2% | +$14.9K |
|
2900
TechTarget
TTGT
$278M
| $951K | ﹤0.01% |
118,035
-2,984
| -2% | -$24.9K |
|
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.