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 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 | 15.39% |
| 2 | Healthcare | 14.53% |
| 3 | Financials | 14.37% |
| 4 | Industrials | 10.28% |
| 5 | Consumer Discretionary | 9.57% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
301
Labcorp
LH
$26.4B
| $126M | 0.06% |
1,067,877
+50,719
| +5% | +$5.98M |
2013 Q2
13 quarters
|
|
302
EQT Corp
EQT
$32.8B
| $126M | 0.06% |
3,189,565
+98,820
| +3% | +$3.91M |
2013 Q2
13 quarters
|
|
|
CTXS
303
DELISTED
Citrix Systems Inc
CTXS
| $126M | 0.06% |
1,855,978
+78,565
| +4% | +$5.35M |
2013 Q2
13 quarters
|
|
304
Kimco Realty
KIM
$15.2B
| $125M | 0.06% |
4,334,126
+352,286
| +9% | +$10.7M |
2013 Q2
13 quarters
|
|
305
Liberty Global Class C
LBTYK
$2.69B
| $125M | 0.06% |
3,783,985
-116,358
| -3% | -$3.59M |
2013 Q2
13 quarters
|
|
306
Motorola Solutions
MSI
$75.5B
| $125M | 0.06% |
1,638,055
+119,159
| +8% | +$8.7M |
2013 Q2
13 quarters
|
|
307
Dentsply Sirona
XRAY
$1.76B
| $125M | 0.06% |
2,099,058
+94,050
| +5% | +$5.78M |
2013 Q2
13 quarters
|
|
308
DELISTED
Hess
HES
| $124M | 0.06% |
2,321,636
+157,487
| +7% | +$8.44M |
2013 Q2
13 quarters
|
|
309
Las Vegas Sands
LVS
$24.8B
| $124M | 0.06% |
2,160,518
+21,569
| +1% | +$1.11M |
2013 Q2
13 quarters
|
|
310
Church & Dwight Co
CHD
$24.5B
| $124M | 0.06% |
2,595,209
+174,061
| +7% | +$8.59M |
2013 Q2
13 quarters
|
|
311
Vulcan Materials
VMC
$32.7B
| $124M | 0.06% |
1,092,716
+21,337
| +2% | +$2.52M |
2013 Q2
13 quarters
|
|
312
Alibaba
BABA
$276B
| $123M | 0.06% |
1,167,184
+240,940
| +26% | +$22.3M |
2015 Q4
3 quarters
|
|
|
MJN
313
DELISTED
Mead Johnson Nutrition Company
MJN
| $123M | 0.06% |
1,556,616
+36,013
| +2% | +$3.07M |
2013 Q2
13 quarters
|
|
314
Campbell Soup
CPB
$5.92B
| $122M | 0.06% |
2,238,929
+259,743
| +13% | +$15.7M |
2013 Q2
13 quarters
|
|
|
RHT
315
DELISTED
Red Hat Inc
RHT
| $122M | 0.06% |
1,512,253
+63,877
| +4% | +$4.75M |
2013 Q2
13 quarters
|
|
316
Expedia Group
EXPE
$35B
| $122M | 0.06% |
1,044,487
+58,456
| +6% | +$6.61M |
2013 Q2
13 quarters
|
|
317
Principal Financial Group
PFG
$23.3B
| $121M | 0.06% |
2,350,433
+76,561
| +3% | +$3.58M |
2013 Q2
13 quarters
|
|
318
American Water Works
AWK
$26.4B
| $120M | 0.06% |
1,608,478
+61,284
| +4% | +$4.79M |
2013 Q2
13 quarters
|
|
319
Franklin Templeton
BEN
$15.9B
| $120M | 0.06% |
3,375,582
+72,517
| +2% | +$2.56M |
2013 Q2
13 quarters
|
|
320
TransDigm Group
TDG
$62.7B
| $119M | 0.06% |
413,965
-2,646
| -0.6% | -$743K |
2013 Q2
13 quarters
|
|
321
NOV
NOV
$6.64B
| $119M | 0.06% |
3,231,132
+168,828
| +6% | +$5.67M |
2013 Q2
13 quarters
|
|
322
KeyCorp
KEY
$21.3B
| $117M | 0.06% |
9,640,055
+2,192,851
| +29% | +$26.2M |
2013 Q2
13 quarters
|
|
323
Best Buy
BBY
$19.8B
| $117M | 0.06% |
3,056,624
+88,905
| +3% | +$3.12M |
2013 Q2
13 quarters
|
|
324
Ball Corp
BALL
$16.6B
| $117M | 0.06% |
2,849,148
+112,172
| +4% | +$4.29M |
2013 Q2
13 quarters
|
|
|
VIAB
325
DELISTED
Viacom Inc. Class B
VIAB
| $116M | 0.06% |
3,057,112
+135,390
| +5% | +$5.61M |
2013 Q2
13 quarters
|
|
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 $6.98B of net new capital in Q3 2016, opening 137 new positions and adding to 3,050 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 Healthcare and Financials.
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.