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 | |
|---|---|---|---|---|---|---|---|
376
Textron
TXT
$13.1B
| $98.1M | 0.05% |
2,471,977
+242,159
| +11% | +$9.54M |
2013 Q2
13 quarters
|
|
377
Advance Auto Parts
AAP
$2.68B
| $97.8M | 0.05% |
656,893
+34,789
| +6% | +$5.56M |
2013 Q2
13 quarters
|
|
378
DELISTED
Juniper Networks
JNPR
| $97.7M | 0.05% |
4,064,099
+557,740
| +16% | +$12.9M |
2013 Q2
13 quarters
|
|
379
NetApp
NTAP
$40B
| $97.4M | 0.05% |
2,722,603
+117,215
| +4% | +$3.57M |
2013 Q2
13 quarters
|
|
380
L3Harris
LHX
$46.3B
| $97.2M | 0.05% |
1,063,186
+50,241
| +5% | +$4.46M |
2013 Q2
13 quarters
|
|
381
Dover
DOV
$26.4B
| $97.2M | 0.05% |
1,637,230
+64,261
| +4% | +$3.72M |
2013 Q2
13 quarters
|
|
382
DaVita
DVA
$12B
| $97.2M | 0.05% |
1,473,691
+73,411
| +5% | +$5.17M |
2013 Q2
13 quarters
|
|
383
Western Union
WU
$1.92B
| $97.1M | 0.05% |
4,672,754
+210,877
| +5% | +$4.33M |
2013 Q2
13 quarters
|
|
384
Huntington Bancshares
HBAN
$30.9B
| $97.1M | 0.05% |
9,864,794
+2,974,093
| +43% | +$28.3M |
2013 Q2
13 quarters
|
|
385
Loews
L
$22.6B
| $97M | 0.05% |
2,360,040
+157,086
| +7% | +$6.45M |
2013 Q2
13 quarters
|
|
386
LKQ Corp
LKQ
$5.63B
| $96.9M | 0.05% |
2,738,152
+35,460
| +1% | +$1.23M |
2013 Q2
13 quarters
|
|
387
Extra Space Storage
EXR
$29.5B
| $96.8M | 0.05% |
1,221,188
+14,517
| +1% | +$1.23M |
2013 Q2
13 quarters
|
|
388
SBA Communications
SBAC
$19.9B
| $96.8M | 0.05% |
863,545
+25,264
| +3% | +$2.86M |
2013 Q2
13 quarters
|
|
389
Global Payments
GPN
$22.2B
| $96.3M | 0.05% |
1,256,119
-65,504
| -5% | -$4.93M |
2013 Q2
13 quarters
|
|
390
Ametek
AME
$56.9B
| $95.6M | 0.05% |
2,004,250
+78,620
| +4% | +$3.74M |
2013 Q2
13 quarters
|
|
391
Hormel Foods
HRL
$11.2B
| $95.2M | 0.05% |
2,513,874
+142,248
| +6% | +$5.28M |
2013 Q2
13 quarters
|
|
392
T-Mobile US
TMUS
$171B
| $95.1M | 0.05% |
2,035,915
+73,825
| +4% | +$3.39M |
2013 Q2
13 quarters
|
|
393
KLA
KLAC
$216B
| $94.7M | 0.05% |
13,603,970
+539,530
| +4% | +$3.88M |
2013 Q2
13 quarters
|
|
394
Centene
CNC
$34.2B
| $94.3M | 0.05% |
2,822,086
-114,938
| -4% | -$3.99M |
2013 Q2
13 quarters
|
|
395
Masco
MAS
$14.4B
| $93.9M | 0.05% |
2,742,038
+103,328
| +4% | +$3.57M |
2013 Q2
13 quarters
|
|
396
Pentair
PNR
$8.53B
| $93.5M | 0.05% |
2,170,812
-5,269
| -0.2% | -$222K |
2013 Q2
13 quarters
|
|
397
Martin Marietta Materials
MLM
$35.6B
| $93.2M | 0.05% |
520,957
+18,434
| +4% | +$3.52M |
2013 Q2
13 quarters
|
|
398
DELISTED
Foot Locker
FL
| $92.6M | 0.05% |
1,369,107
+77,183
| +6% | +$4.81M |
2013 Q2
13 quarters
|
|
399
Expeditors International
EXPD
$25.5B
| $92.4M | 0.05% |
1,796,411
+78,878
| +5% | +$3.99M |
2013 Q2
13 quarters
|
|
|
VAR
400
DELISTED
Varian Medical Systems, Inc.
VAR
| $92.4M | 0.05% |
1,060,088
+37,180
| +4% | +$3.03M |
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.