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 | |
|---|---|---|---|---|---|---|
1126
Dillards
DDS
$9.56B
| $16.4M | 0.01% |
260,338
+124,982
| +92% | +$7.81M |
|
1127
Lumentum
LITE
$69.3B
| $16.4M | 0.01% |
392,568
+47,093
| +14% | +$1.55M |
|
1128
LPL Financial
LPLA
$28.6B
| $16.4M | 0.01% |
547,830
+21,962
| +4% | +$594K |
|
|
LOGM
1129
DELISTED
LogMein, Inc.
LOGM
| $16.4M | 0.01% |
181,167
+2,729
| +2% | +$219K |
|
|
CSOD
1130
DELISTED
Cornerstone OnDemand, Inc.
CSOD
| $16.4M | 0.01% |
356,223
-1,359
| -0.4% | -$59.5K |
|
1131
Cooper-Standard Automotive
CPS
$558M
| $16.4M | 0.01% |
165,630
-2,095
| -1% | -$197K |
|
|
VSTO
1132
DELISTED
Vista Outdoor Inc.
VSTO
| $16.3M | 0.01% |
409,588
+21,825
| +6% | +$964K |
|
1133
Glacier Bancorp
GBCI
$6.35B
| $16.3M | 0.01% |
572,225
+20,122
| +4% | +$568K |
|
1134
Papa John's
PZZA
$806M
| $16.3M | 0.01% |
206,897
+6,453
| +3% | +$481K |
|
|
SJI
1135
DELISTED
South Jersey Industries, Inc.
SJI
| $16.3M | 0.01% |
550,873
+20,153
| +4% | +$617K |
|
1136
Generac Holdings
GNRC
$12.5B
| $16.3M | 0.01% |
448,129
+5,855
| +1% | +$212K |
|
1137
ACI Worldwide
ACIW
$5.42B
| $16.2M | 0.01% |
837,354
-5,660
| -0.7% | -$107K |
|
1138
Commault Systems
CVLT
$5.61B
| $16.2M | 0.01% |
305,340
+397
| +0.1% | +$20K |
|
1139
Yelp
YELP
$1.41B
| $16.2M | 0.01% |
387,592
+29,594
| +8% | +$1.04M |
|
|
AGR
1140
DELISTED
Avangrid, Inc.
AGR
| $16.2M | 0.01% |
386,746
-59,927
| -13% | -$2.62M |
|
|
UFS
1141
DELISTED
DOMTAR CORPORATION (New)
UFS
| $16.2M | 0.01% |
435,037
+40,033
| +10% | +$1.47M |
|
1142
Community Bank
CBU
$3.41B
| $16.1M | 0.01% |
335,195
-358
| -0.1% | -$16.2K |
|
1143
Five Below
FIVE
$13.5B
| $16.1M | 0.01% |
399,669
+18,741
| +5% | +$867K |
|
1144
UFP Industries
UFPI
$5.19B
| $16.1M | 0.01% |
489,705
+1,695
| +0.3% | +$58.8K |
|
|
NRF
1145
DELISTED
NorthStar Realty Finance Corp.
NRF
| $16.1M | 0.01% |
1,220,182
+49,921
| +4% | +$645K |
|
|
ACH
1146
Accendra Health
ACH
$214M
| $16M | 0.01% |
461,752
-299
| -0.1% | -$10.5K |
|
|
GWB
1147
DELISTED
Great Western Bancorp, Inc.
GWB
| $16M | 0.01% |
480,379
+19,282
| +4% | +$637K |
|
1148
Wolverine World Wide
WWW
$1.55B
| $16M | 0.01% |
694,510
+16,590
| +2% | +$386K |
|
1149
Pinnacle Financial Partners Inc
PNFP
$15.8B
| $16M | 0.01% |
295,593
+12,368
| +4% | +$667K |
|
|
FDC
1150
DELISTED
First Data Corporation
FDC
| $16M | 0.01% |
1,213,965
+38,595
| +3% | +$497K |
|
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.