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 | |
|---|---|---|---|---|---|---|
276
DTE Energy
DTE
$29.1B
| $146M | 0.07% |
1,838,534
+117,066
| +7% | +$9.54M |
|
277
Gen Digital
GEN
$16.7B
| $145M | 0.07% |
5,782,815
+67,943
| +1% | +$1.55M |
|
|
LNKD
278
DELISTED
LinkedIn Corporation
LNKD
| $143M | 0.07% |
748,029
+18,851
| +3% | +$3.61M |
|
279
Digital Realty Trust
DLR
$72.1B
| $142M | 0.07% |
1,462,467
+95,916
| +7% | +$9.76M |
|
280
Hartford Financial Services
HIG
$39.4B
| $142M | 0.07% |
3,314,395
+124,795
| +4% | +$5.22M |
|
|
LLTC
281
DELISTED
Linear Technology Corp
LLTC
| $140M | 0.07% |
2,371,811
+156,478
| +7% | +$8.78M |
|
282
Skyworks Solutions
SWKS
$10.1B
| $140M | 0.07% |
1,843,483
+100,655
| +6% | +$7.02M |
|
283
Willis Towers Watson
WTW
$31.4B
| $138M | 0.07% |
1,043,097
-22,341
| -2% | -$2.78M |
|
284
Genuine Parts
GPC
$18.1B
| $138M | 0.07% |
1,375,693
+69,503
| +5% | +$7.05M |
|
285
Agilent Technologies
A
$39.9B
| $137M | 0.07% |
2,905,243
+112,714
| +4% | +$5.26M |
|
286
Ameriprise Financial
AMP
$49.6B
| $137M | 0.07% |
1,370,381
+27,723
| +2% | +$2.69M |
|
|
XLNX
287
DELISTED
Xilinx Inc
XLNX
| $134M | 0.07% |
2,474,540
+147,268
| +6% | +$7.57M |
|
288
Henry Schein
HSIC
$9.98B
| $134M | 0.07% |
2,103,546
+109,066
| +5% | +$7.24M |
|
289
FirstEnergy
FE
$27.7B
| $134M | 0.07% |
4,061,776
+163,670
| +4% | +$5.56M |
|
290
United Airlines
UAL
$43.1B
| $134M | 0.07% |
2,555,196
-168,814
| -6% | -$8.12M |
|
291
Ulta Beauty
ULTA
$23.2B
| $134M | 0.07% |
563,319
+4,832
| +0.9% | +$1.22M |
|
|
NBL
292
DELISTED
Noble Energy, Inc.
NBL
| $131M | 0.07% |
3,661,482
+188,221
| +5% | +$6.61M |
|
293
Hershey
HSY
$36.1B
| $130M | 0.07% |
1,366,610
+90,302
| +7% | +$9.55M |
|
294
Northern Trust
NTRS
$33.7B
| $130M | 0.07% |
1,911,536
+84,136
| +5% | +$5.72M |
|
295
Cencora
COR
$61.7B
| $129M | 0.07% |
1,605,157
+20,579
| +1% | +$1.76M |
|
296
Fortive
FTV
$18.5B
| $128M | 0.06% |
+4,005,895
| New | +$129M |
|
297
Corpay
CPAY
$25.8B
| $128M | 0.06% |
734,813
+255,805
| +53% | +$41M |
|
298
Autodesk
ADSK
$50.7B
| $126M | 0.06% |
1,751,043
-112,638
| -6% | -$7.1M |
|
299
Entergy
ETR
$49.9B
| $126M | 0.06% |
3,291,430
+98,978
| +3% | +$3.94M |
|
300
Host Hotels & Resorts
HST
$17.2B
| $126M | 0.06% |
8,099,919
+657,975
| +9% | +$11.3M |
|
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.