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 | |
|---|---|---|---|---|---|---|
3551
Perspective Therapeutics
CATX
$339M
| $194K | ﹤0.01% |
26,978
| – | – |
|
|
ALJJ
3552
DELISTED
ALJ Regional Holdings Inc
ALJJ
| $194K | ﹤0.01% |
41,431
+19,667
| +90% | +$93.3K |
|
|
IRD
3553
Opus Genetics
IRD
$307M
| $192K | ﹤0.01% |
1,909
| – | – |
|
|
GLBZ
3554
DELISTED
Glen Burnie Bancorp
GLBZ
| $191K | ﹤0.01% |
18,661
| – | – |
|
3555
iBio
IBIO
$69.1M
| $191K | ﹤0.01% |
69
| – | – |
|
3556
Innovative Solutions & Support
ISSC
$367M
| $190K | ﹤0.01% |
59,751
+57
| +0.1% | +$168 |
|
|
CBAY
3557
DELISTED
Cymabay Therapeutics
CBAY
| $190K | ﹤0.01% |
98,296
| – | – |
|
|
GOGL
3558
DELISTED
Golden Ocean Group
GOGL
| $189K | ﹤0.01% |
46,807
+11,789
| +34% | +$44K |
|
|
VNET
3559
VNET Group
VNET
$2B
| $189K | ﹤0.01% |
23,830
-1,680
| -7% | -$15.5K |
|
3560
Enphase Energy
ENPH
$5.24B
| $188K | ﹤0.01% |
159,804
+93
| +0.1% | +$164 |
|
3561
Peraso
PRSO
$10.8M
| $188K | ﹤0.01% |
31
| – | – |
|
|
CHN
3562
DELISTED
China Fund
CHN
| $187K | ﹤0.01% |
+11,434
| New | +$179K |
|
3563
Great Elm Group
GEG
$69.9M
| $187K | ﹤0.01% |
40,064
+36
| +0.1% | +$195 |
|
|
NVMI
3564
Nova
NVMI
$12.1B
| $187K | ﹤0.01% |
15,862
+101
| +0.6% | +$1.17K |
|
|
ECF
3565
Ellsworth Growth & Income Fund
ECF
$170M
| $186K | ﹤0.01% |
+22,823
| New | +$188K |
|
3566
Dorian LPG
LPG
$1.9B
| $186K | ﹤0.01% |
31,013
+2,998
| +11% | +$18.6K |
|
|
BKSC
3567
DELISTED
Bank of South Carolina
BKSC
| $186K | ﹤0.01% |
11,295
| – | – |
|
|
PVBC
3568
DELISTED
Provident Bancorp
PVBC
| $185K | ﹤0.01% |
23,971
+109
| +0.5% | +$856 |
|
|
UNIS
3569
DELISTED
Unilife Corporation
UNIS
| $185K | ﹤0.01% |
88,287
+25
| +0% | +$77 |
|
3570
Fuel Tech
FTEK
$42.8M
| $180K | ﹤0.01% |
128,728
+64
| +0% | +$97 |
|
|
MGIC
3571
DELISTED
Magic Software Enterprises
MGIC
| $180K | ﹤0.01% |
25,183
+181
| +0.7% | +$1.32K |
|
|
MOCO
3572
DELISTED
Mocon Inc
MOCO
| $180K | ﹤0.01% |
11,497
+1,049
| +10% | +$15.9K |
|
3573
America Movil
AMX
$71.8B
| $179K | ﹤0.01% |
15,668
+4,224
| +37% | +$50.4K |
|
|
JKS
3574
JinkoSolar
JKS
$847M
| $179K | ﹤0.01% |
11,394
-1,700
| -13% | -$31K |
|
3575
Pulse Biosciences
PLSE
$2.65B
| $179K | ﹤0.01% |
+28,546
| New | +$146K |
|
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.