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 | |
|---|---|---|---|---|---|---|
2901
Scorpio Tankers
STNG
$3.81B
| $947K | ﹤0.01% |
20,468
-2,773
| -12% | -$133K |
|
|
RST
2902
DELISTED
ROSETTA STONE INC
RST
| $946K | ﹤0.01% |
111,589
+3,482
| +3% | +$29.1K |
|
|
OLBK
2903
DELISTED
Old Line Bancshares, Inc.
OLBK
| $944K | ﹤0.01% |
47,866
+11,357
| +31% | +$218K |
|
|
VRS
2904
DELISTED
Verso Corporation
VRS
| $943K | ﹤0.01% |
+146,335
| New | +$1.23M |
|
2905
Ocular Therapeutix
OCUL
$2.02B
| $934K | ﹤0.01% |
136,069
+59,857
| +79% | +$365K |
|
|
WMAR
2906
DELISTED
West Marine Inc
WMAR
| $933K | ﹤0.01% |
112,892
+8,260
| +8% | +$74.8K |
|
2907
Diageo
DEO
$53.6B
| $931K | ﹤0.01% |
8,026
+246
| +3% | +$28.1K |
|
|
BPTH
2908
DELISTED
Bio-Path Holdings Inc
BPTH
| $930K | ﹤0.01% |
166
+11
| +7% | +$70.6K |
|
2909
Unilever
UL
$136B
| $927K | ﹤0.01% |
17,388
-297
| -2% | -$15.7K |
|
|
CAI
2910
DELISTED
CAI International, Inc.
CAI
| $927K | ﹤0.01% |
112,110
+1,369
| +1% | +$11.3K |
|
|
EVRI
2911
DELISTED
Everi Holdings
EVRI
| $925K | ﹤0.01% |
374,645
+37,096
| +11% | +$73.7K |
|
|
NEFF
2912
DELISTED
Neff Corporation
NEFF
| $925K | ﹤0.01% |
97,421
+927
| +1% | +$8.78K |
|
|
CCXI
2913
DELISTED
ChemoCentryx, Inc.
CCXI
| $923K | ﹤0.01% |
152,943
+5,021
| +3% | +$23.7K |
|
2914
Kopin
KOPN
$791M
| $920K | ﹤0.01% |
422,328
+12,649
| +3% | +$28.3K |
|
|
BSF
2915
DELISTED
Bear State Financial, Inc.
BSF
| $920K | ﹤0.01% |
100,120
+3,354
| +3% | +$31.5K |
|
|
CYOU
2916
DELISTED
Changyou.com Limited American Depositary Share
CYOU
| $918K | ﹤0.01% |
33,737
+10,227
| +44% | +$237K |
|
2917
NRC Health Common Stock
NRC
$450M
| $917K | ﹤0.01% |
56,345
+785
| +1% | +$12.3K |
|
|
GBL
2918
DELISTED
GAMCO Investors, Inc.
GBL
| $912K | ﹤0.01% |
32,039
+267
| +0.8% | +$8.45K |
|
2919
Donegal Group Class A
DGICA
$714M
| $909K | ﹤0.01% |
56,468
+3,187
| +6% | +$51.9K |
|
2920
National Grid
NGG
$81.3B
| $909K | ﹤0.01% |
13,254
+252
| +2% | +$17.4K |
|
|
NCIT
2921
DELISTED
NCI, Inc.
NCIT
| $909K | ﹤0.01% |
78,640
-14,128
| -15% | -$177K |
|
2922
Stratus Properties
STRS
$154M
| $906K | ﹤0.01% |
37,134
+27,062
| +269% | +$542K |
|
2923
Stagwell
STGW
$2.24B
| $903K | ﹤0.01% |
84,285
+3,949
| +5% | +$55.7K |
|
2924
Vince Holding Corp
VNCE
$86.8M
| $899K | ﹤0.01% |
15,948
+507
| +3% | +$28.8K |
|
2925
BlackRock Resources & Commodities Strategy Trust
BCX
$923M
| $897K | ﹤0.01% |
110,180
-75,494
| -41% | -$603K |
|
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.