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 | |
|---|---|---|---|---|---|---|
3051
Gaia
GAIA
$48.4M
| $700K | ﹤0.01% |
97,301
+1,703
| +2% | +$13.4K |
|
|
UMH.PRA.CL
3052
DELISTED
Umh Properties Inc
UMH.PRA.CL
| $697K | ﹤0.01% |
27,147
-640
| -2% | -$16.7K |
|
3053
Descartes Systems
DSGX
$6.82B
| $695K | ﹤0.01% |
32,342
-497
| -2% | -$10.2K |
|
|
QADB
3054
DELISTED
QAD Inc. Class B
QADB
| $691K | ﹤0.01% |
35,462
+31
| +0.1% | +$569 |
|
|
I
3055
DELISTED
INTELSAT S. A.
I
| $691K | ﹤0.01% |
255,263
+5,912
| +2% | +$16K |
|
|
IHC
3056
DELISTED
Independence Holding Company
IHC
| $691K | ﹤0.01% |
40,279
+1,614
| +4% | +$28.2K |
|
|
NMRX
3057
DELISTED
Numerex Corp
NMRX
| $691K | ﹤0.01% |
88,850
+55
| +0.1% | +$420 |
|
|
PFBI
3058
DELISTED
Premier Financial Bancorp
PFBI
| $690K | ﹤0.01% |
55,426
+14,553
| +36% | +$184K |
|
|
IMDZ
3059
DELISTED
Immune Design Corp.
IMDZ
| $690K | ﹤0.01% |
91,096
+29,172
| +47% | +$213K |
|
|
AWP
3060
abrdn Global Premier Properties Fund
AWP
$367M
| $689K | ﹤0.01% |
+41,417
| New | +$701K |
|
3061
Vuzix
VUZI
$224M
| $689K | ﹤0.01% |
77,799
+14,302
| +23% | +$115K |
|
|
IMBI
3062
DELISTED
iMedia Brands, Inc. Class A Common Stock
IMBI
| $689K | ﹤0.01% |
30,115
+23
| +0.1% | +$437 |
|
|
CLCT
3063
DELISTED
Collectors Universe
CLCT
| $687K | ﹤0.01% |
37,111
+723
| +2% | +$14.5K |
|
|
GMS
3064
DELISTED
GMS Inc
GMS
| $677K | ﹤0.01% |
+30,474
| New | +$722K |
|
|
GLO
3065
Clough Global Opportunities Fund
GLO
$257M
| $675K | ﹤0.01% |
+69,820
| New | +$674K |
|
3066
Alico
ALCO
$283M
| $668K | ﹤0.01% |
24,885
+27
| +0.1% | +$771 |
|
3067
Ameresco
AMRC
$1.36B
| $668K | ﹤0.01% |
127,071
+8,151
| +7% | +$40.4K |
|
|
SYUT
3068
DELISTED
Synutra International, Inc.
SYUT
| $667K | ﹤0.01% |
156,755
-2,279
| -1% | -$8.59K |
|
|
TTNP
3069
DELISTED
Titan Pharmaceuticals
TTNP
| $666K | ﹤0.01% |
31
+1
| +3% | +$19.4K |
|
3070
Noodles & Co
NDLS
$107M
| $665K | ﹤0.01% |
17,466
+10
| +0.1% | +$586 |
|
3071
Voyager Therapeutics
VYGR
$198M
| $665K | ﹤0.01% |
55,385
+1,953
| +4% | +$26.4K |
|
3072
Banco Santander
SAN
$210B
| $664K | ﹤0.01% |
157,233
-38,758
| -20% | -$158K |
|
3073
Vitamin Cottage Natural Grocers
NGVC
$654M
| $663K | ﹤0.01% |
59,474
+728
| +1% | +$8.99K |
|
|
VVUS
3074
DELISTED
Vivus Inc
VVUS
| $663K | ﹤0.01% |
58,193
+25
| +0% | +$274 |
|
3075
Midland States Bancorp
MSBI
$695M
| $660K | ﹤0.01% |
+26,078
| New | +$611K |
|
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.