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 | |
|---|---|---|---|---|---|---|
|
HALL
2926
DELISTED
Hallmark Financial Services, Inc.
HALL
| $897K | ﹤0.01% |
8,724
+287
| +3% | +$30.7K |
|
2927
CPI Card Group
PMTS
$320M
| $892K | ﹤0.01% |
29,556
+646
| +2% | +$16.7K |
|
|
MLNX
2928
DELISTED
Mellanox Technologies, Ltd.
MLNX
| $892K | ﹤0.01% |
20,659
+1,758
| +9% | +$77.8K |
|
2929
Criteo S.A. Ordinary Shares
CRTO
$923M
| $891K | ﹤0.01% |
25,378
+1,054
| +4% | +$41.7K |
|
2930
Lesaka Technologies
LSAK
$420M
| $890K | ﹤0.01% |
103,976
+11,673
| +13% | +$115K |
|
|
UN
2931
DELISTED
Unilever NV New York Registry Shares
UN
| $889K | ﹤0.01% |
19,299
-458
| -2% | -$21.1K |
|
2932
Lantheus
LNTH
$6.59B
| $885K | ﹤0.01% |
106,941
+62,203
| +139% | +$412K |
|
2933
SAP
SAP
$238B
| $885K | ﹤0.01% |
9,685
+161
| +2% | +$13.8K |
|
2934
Tidewater
TDW
$4.12B
| $883K | ﹤0.01% |
9,708
+99
| +1% | +$11.8K |
|
|
FLNT
2935
Fluent
FLNT
$120M
| $882K | ﹤0.01% |
28,902
+26,267
| +997% | +$805K |
|
2936
Sabesp
SBS
$18.7B
| $881K | ﹤0.01% |
491,520
-302,538
| -38% | -$537K |
|
2937
Smith & Nephew
SNN
$12.6B
| $881K | ﹤0.01% |
26,900
-1,278
| -5% | -$42.9K |
|
|
ANTH
2938
DELISTED
Anthera Pharmaceuticals, Inc.
ANTH
| $879K | ﹤0.01% |
34,908
+4,251
| +14% | +$107K |
|
|
CWBC
2939
Community West Bancshares
CWBC
$684M
| $877K | ﹤0.01% |
55,330
+23,387
| +73% | +$354K |
|
2940
Huazhu Hotels Group
HTHT
$13B
| $877K | ﹤0.01% |
77,904
-94,816
| -55% | -$992K |
|
|
DCOY
2941
Decoy Therapeutics
DCOY
$2.09M
| – | – |
0
| – | – |
|
|
BDSI
2942
DELISTED
BioDelivery Sciences International, Inc.
BDSI
| $876K | ﹤0.01% |
324,492
+20,169
| +7% | +$51.2K |
|
|
FONR
2943
DELISTED
Fonar
FONR
| $875K | ﹤0.01% |
42,648
+4,033
| +10% | +$85.3K |
|
|
GIG
2944
DELISTED
GigPeak, Inc.
GIG
| $875K | ﹤0.01% |
372,508
+32,969
| +10% | +$68.1K |
|
|
MN
2945
DELISTED
MANNING & NAPIER, INC.
MN
| $874K | ﹤0.01% |
123,444
+9,061
| +8% | +$72.7K |
|
|
DGAS
2946
DELISTED
Delta Natural Gas Co Inc
DGAS
| $874K | ﹤0.01% |
36,678
+4,441
| +14% | +$113K |
|
|
AFH
2947
DELISTED
Atlas Financial Holdings, Inc. Ordinary Shares
AFH
| $873K | ﹤0.01% |
55,392
+1,407
| +3% | +$23.7K |
|
|
DCM
2948
DELISTED
NTT DOCOMO, Inc.
DCM
| $873K | ﹤0.01% |
34,381
+152
| +0.4% | +$4.01K |
|
2949
STRATTEC Security
STRT
$361M
| $869K | ﹤0.01% |
24,644
+942
| +4% | +$39.8K |
|
|
OMCC
2950
DELISTED
Old Market Capital Corp
OMCC
| $865K | ﹤0.01% |
85,522
+35
| +0% | +$369 |
|
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.