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 | |
|---|---|---|---|---|---|---|
1151
Coeur Mining
CDE
$17.9B
| $16M | 0.01% |
1,350,298
+384,164
| +40% | +$5.26M |
|
1152
Prothena Corp
PRTA
$450M
| $16M | 0.01% |
266,239
+6,174
| +2% | +$331K |
|
1153
Hilltop Holdings
HTH
$2.24B
| $15.9M | 0.01% |
709,747
+5,007
| +0.7% | +$111K |
|
1154
Pebblebrook Hotel Trust
PEB
$2.05B
| $15.9M | 0.01% |
599,101
+40,162
| +7% | +$1.15M |
|
|
CHMT
1155
DELISTED
Chemtura Corporation
CHMT
| $15.9M | 0.01% |
483,341
+29,017
| +6% | +$838K |
|
|
WLL
1156
DELISTED
Whiting Petroleum Corporation
WLL
| $15.9M | 0.01% |
6,049
+1,445
| +31% | +$3.39M |
|
|
MNDT
1157
DELISTED
Mandiant, Inc. Common Stock
MNDT
| $15.9M | 0.01% |
1,076,153
+57,157
| +6% | +$878K |
|
|
NVRO
1158
DELISTED
NEVRO CORP.
NVRO
| $15.8M | 0.01% |
151,711
+48,149
| +46% | +$4.35M |
|
1159
H.B. Fuller
FUL
$3.28B
| $15.8M | 0.01% |
340,740
+9,665
| +3% | +$448K |
|
1160
DigitalBridge
DBRG
$2.95B
| $15.8M | 0.01% |
306,150
+14,292
| +5% | +$681K |
|
|
MSGN
1161
DELISTED
MSG Networks Inc.
MSGN
| $15.8M | 0.01% |
849,605
-459,607
| -35% | -$7.78M |
|
1162
Valley National Bancorp
VLY
$8.04B
| $15.7M | 0.01% |
1,616,634
+108,985
| +7% | +$1.02M |
|
1163
Marriott Vacations Worldwide
VAC
$4.25B
| $15.7M | 0.01% |
214,404
-3,069
| -1% | -$228K |
|
1164
ICU Medical
ICUI
$4.61B
| $15.7M | 0.01% |
124,135
+1,928
| +2% | +$233K |
|
1165
Ironwood Pharmaceuticals
IRWD
$714M
| $15.7M | 0.01% |
1,179,513
+40,398
| +4% | +$472K |
|
1166
FirstCash
FCFS
$8.78B
| $15.7M | 0.01% |
333,036
+130,311
| +64% | +$6.55M |
|
|
ZNGA
1167
DELISTED
ZYNGA INC. CL A COMMON
ZNGA
| $15.7M | 0.01% |
5,387,391
+224,377
| +4% | +$625K |
|
|
HMSY
1168
DELISTED
HMS Holdings Corp.
HMSY
| $15.6M | 0.01% |
703,379
+38,755
| +6% | +$815K |
|
1169
Synaptics
SYNA
$4.15B
| $15.5M | 0.01% |
265,121
+4,732
| +2% | +$260K |
|
|
SNCR
1170
DELISTED
Synchronoss Technologies
SNCR
| $15.5M | 0.01% |
41,874
+1,522
| +4% | +$538K |
|
|
USG
1171
DELISTED
Usg
USG
| $15.5M | 0.01% |
600,285
+30,959
| +5% | +$859K |
|
|
ODP
1172
DELISTED
ODP
ODP
| $15.5M | 0.01% |
434,443
+49,886
| +13% | +$1.77M |
|
1173
Hope Bancorp
HOPE
$1.79B
| $15.5M | 0.01% |
891,623
+335,287
| +60% | +$5.43M |
|
|
BUFF
1174
DELISTED
Blue Buffalo Pet Products, Inc
BUFF
| $15.5M | 0.01% |
651,741
+313,115
| +92% | +$7.95M |
|
1175
Interactive Brokers
IBKR
$39.8B
| $15.4M | 0.01% |
1,751,144
+220,528
| +14% | +$1.95M |
|
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.