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 | |
|---|---|---|---|---|---|---|---|
351
Whirlpool
WHR
$1.82B
| $107M | 0.05% |
658,291
+40,976
| +7% | +$7.26M |
2013 Q2
13 quarters
|
|
352
DELISTED
Hologic
HOLX
| $106M | 0.05% |
2,742,691
+326,417
| +14% | +$12.3M |
2013 Q2
13 quarters
|
|
|
ANDV
353
DELISTED
Andeavor
ANDV
| $106M | 0.05% |
1,336,605
+62,708
| +5% | +$4.83M |
2013 Q2
13 quarters
|
|
|
TFCF
354
DELISTED
Twenty-First Century Fox, Inc. Class B
TFCF
| $106M | 0.05% |
4,290,725
+494,019
| +13% | +$12.9M |
2013 Q3
12 quarters
|
|
355
BioMarin Pharmaceuticals
BMRN
$10.6B
| $105M | 0.05% |
1,138,621
+82,192
| +8% | +$7.74M |
2013 Q2
13 quarters
|
|
356
Mohawk Industries
MHK
$8.09B
| $105M | 0.05% |
522,950
+16,497
| +3% | +$3.39M |
2013 Q2
13 quarters
|
|
357
DELISTED
WestRock Company
WRK
| $104M | 0.05% |
2,153,682
+84,975
| +4% | +$3.79M |
2015 Q3
4 quarters
|
|
358
Lincoln National
LNC
$7.65B
| $104M | 0.05% |
2,221,298
+41,465
| +2% | +$1.86M |
2013 Q2
13 quarters
|
|
359
Mettler-Toledo International
MTD
$32.5B
| $104M | 0.05% |
247,856
+63,620
| +35% | +$25.3M |
2013 Q2
13 quarters
|
|
360
Acuity Brands
AYI
$8.99B
| $104M | 0.05% |
392,785
+14,514
| +4% | +$3.86M |
2013 Q2
13 quarters
|
|
361
Cintas
CTAS
$84.6B
| $103M | 0.05% |
3,651,560
+147,436
| +4% | +$4.04M |
2013 Q2
13 quarters
|
|
362
International Flavors & Fragrances
IFF
$23B
| $102M | 0.05% |
714,753
+37,307
| +6% | +$5.05M |
2013 Q2
13 quarters
|
|
363
DELISTED
CA, Inc.
CA
| $102M | 0.05% |
3,075,751
+221,229
| +8% | +$7.46M |
2013 Q2
13 quarters
|
|
|
COL
364
DELISTED
Rockwell Collins
COL
| $101M | 0.05% |
1,204,251
+62,025
| +5% | +$5.23M |
2013 Q2
13 quarters
|
|
365
UDR
UDR
$11B
| $101M | 0.05% |
2,817,394
+200,539
| +8% | +$7.31M |
2013 Q2
13 quarters
|
|
366
Ameren
AEE
$29.4B
| $101M | 0.05% |
2,053,038
+100,501
| +5% | +$5.13M |
2013 Q2
13 quarters
|
|
367
Cincinnati Financial
CINF
$26.2B
| $100M | 0.05% |
1,334,552
+67,154
| +5% | +$5.08M |
2013 Q2
13 quarters
|
|
368
Seagate
STX
$146B
| $100M | 0.05% |
2,610,357
+138,373
| +6% | +$4.49M |
2013 Q2
13 quarters
|
|
369
Oneok
OKE
$58.9B
| $100M | 0.05% |
1,955,923
+269,221
| +16% | +$12.7M |
2013 Q2
13 quarters
|
|
370
CMS Energy
CMS
$21.6B
| $99.9M | 0.05% |
2,382,839
+116,716
| +5% | +$5.1M |
2013 Q2
13 quarters
|
|
371
C.H. Robinson
CHRW
$16.2B
| $99.9M | 0.05% |
1,419,421
+82,206
| +6% | +$5.77M |
2013 Q2
13 quarters
|
|
372
DELISTED
Coterra Energy
CTRA
| $99.6M | 0.05% |
3,867,580
+169,557
| +5% | +$4.24M |
2013 Q2
13 quarters
|
|
|
LLL
373
DELISTED
L3 Technologies, Inc.
LLL
| $99.1M | 0.05% |
658,755
+27,355
| +4% | +$4.08M |
2013 Q2
13 quarters
|
|
374
Xerox
XRX
$322M
| $98.4M | 0.05% |
3,689,589
-5,458
| -0.1% | -$141K |
2013 Q2
13 quarters
|
|
375
Universal Health Services
UHS
$10.9B
| $98.3M | 0.05% |
799,330
+39,619
| +5% | +$5.02M |
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.