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 | |
|---|---|---|---|---|---|---|---|
401
Eastman Chemical
EMN
$7.13B
| $90.9M | 0.05% |
1,345,820
+59,270
| +5% | +$3.98M |
2013 Q2
13 quarters
|
|
402
Mattel
MAT
$4.91B
| $88.9M | 0.04% |
2,941,258
+106,356
| +4% | +$3.48M |
2013 Q2
13 quarters
|
|
403
Markel Group
MKL
$22.9B
| $87.7M | 0.04% |
94,467
+4,705
| +5% | +$4.39M |
2013 Q2
13 quarters
|
|
|
TWTR
404
DELISTED
Twitter, Inc.
TWTR
| $87.5M | 0.04% |
3,797,183
+78,026
| +2% | +$1.47M |
2013 Q4
11 quarters
|
|
|
WFM
405
DELISTED
Whole Foods Market Inc
WFM
| $87.4M | 0.04% |
3,088,648
+152,823
| +5% | +$4.7M |
2013 Q2
13 quarters
|
|
406
Palo Alto Networks
PANW
$280B
| $87.4M | 0.04% |
3,294,036
+499,980
| +18% | +$11.4M |
2013 Q2
13 quarters
|
|
407
F5
FFIV
$25B
| $86.9M | 0.04% |
698,273
+31,405
| +5% | +$3.81M |
2013 Q2
13 quarters
|
|
|
SCG
408
DELISTED
Scana
SCG
| $86.8M | 0.04% |
1,201,429
+54,657
| +5% | +$3.99M |
2013 Q2
13 quarters
|
|
409
Capri Holdings
CPRI
$1.81B
| $86.4M | 0.04% |
1,848,910
+34,491
| +2% | +$1.72M |
2013 Q2
13 quarters
|
|
410
Tapestry
TPR
$23.8B
| $85.9M | 0.04% |
2,353,992
+111,213
| +5% | +$4.41M |
2013 Q2
13 quarters
|
|
411
Tractor Supply
TSCO
$17.3B
| $85.9M | 0.04% |
6,387,305
+366,530
| +6% | +$6.1M |
2013 Q2
13 quarters
|
|
|
KSU
412
DELISTED
Kansas City Southern
KSU
| $85.8M | 0.04% |
921,192
+46,174
| +5% | +$4.37M |
2013 Q2
13 quarters
|
|
413
D.R. Horton
DHI
$39B
| $85.6M | 0.04% |
2,838,960
+161,818
| +6% | +$5.19M |
2013 Q2
13 quarters
|
|
414
Brown-Forman Class B
BF.B
$13.3B
| $85.5M | 0.04% |
2,820,359
-14,672
| -0.5% | -$455K |
2013 Q2
13 quarters
|
|
415
CenterPoint Energy
CNP
$26.7B
| $85.1M | 0.04% |
3,670,655
+162,194
| +5% | +$3.78M |
2013 Q2
13 quarters
|
|
416
Albemarle
ALB
$11.3B
| $83.9M | 0.04% |
982,824
+55,130
| +6% | +$4.54M |
2013 Q2
13 quarters
|
|
417
CarMax
KMX
$7.57B
| $83.4M | 0.04% |
1,565,073
+34,497
| +2% | +$1.95M |
2013 Q2
13 quarters
|
|
418
Dell
DELL
$287B
| $82.8M | 0.04% |
+6,176,898
| New | +$84M |
2016 Q3
0 quarters
|
|
419
Annaly Capital Management
NLY
$13.7B
| $82.8M | 0.04% |
1,972,944
+275,232
| +16% | +$11.9M |
2013 Q2
13 quarters
|
|
420
Snap-on
SNA
$19B
| $82.6M | 0.04% |
544,069
+29,738
| +6% | +$4.6M |
2013 Q2
13 quarters
|
|
421
Synopsys
SNPS
$87.1B
| $82.4M | 0.04% |
1,389,533
+34,677
| +3% | +$1.97M |
2013 Q2
13 quarters
|
|
422
TechnipFMC
FTI
$27.3B
| $81M | 0.04% |
3,674,983
+308,150
| +9% | +$6.23M |
2013 Q2
13 quarters
|
|
423
Xylem
XYL
$24.3B
| $80.3M | 0.04% |
1,533,526
+77,762
| +5% | +$3.81M |
2013 Q2
13 quarters
|
|
424
MGM Resorts International
MGM
$7.2B
| $80.2M | 0.04% |
3,084,143
+132,870
| +5% | +$3.23M |
2013 Q2
13 quarters
|
|
425
PVH
PVH
$3.91B
| $80.1M | 0.04% |
725,872
+23,175
| +3% | +$2.4M |
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.