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 |
Alphabet (Google) Class A
GOOGL
|
+$1.81B |
| 2 |
Hewlett Packard
HPE
|
+$201M |
| 3 |
Synchrony
SYF
|
+$198M |
| 4 |
Comcast
CMCSA
|
+$169M |
| 5 |
Illumina
ILMN
|
+$56.4M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Alphabet (Google) Class C
GOOG
|
+$1.69B |
| 2 |
HP
HPQ
|
+$238M |
| 3 |
CMCSK
COMCAST CORP SPL A (NEW)
CMCSK
|
+$172M |
| 4 |
GE Aerospace
GE
|
+$157M |
| 5 |
SIAL
SIGMA - ALDRICH CORP
SIAL
|
+$143M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 15.29% |
| 2 | Healthcare | 15.07% |
| 3 | Technology | 14.2% |
| 4 | Industrials | 10.21% |
| 5 | Consumer Discretionary | 9.53% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
MON
101
DELISTED
Monsanto Co
MON
| $348M | 0.2% |
3,535,725
-173,963
| -5% | -$16.3M |
|
102
Blackrock
BLK
$170B
| $343M | 0.2% |
1,009,163
+26,928
| +3% | +$9.16M |
|
|
ALXN
103
DELISTED
Alexion Pharmaceuticals
ALXN
| $340M | 0.19% |
1,785,961
-2,005
| -0.1% | -$350K |
|
104
Regeneron Pharmaceuticals
REGN
$72.9B
| $339M | 0.19% |
626,521
+5,085
| +0.8% | +$2.76M |
|
105
PayPal
PYPL
$50.6B
| $333M | 0.19% |
9,226,437
+66,491
| +0.7% | +$2.35M |
|
106
Automatic Data Processing
ADP
$112B
| $329M | 0.19% |
3,887,336
+80,342
| +2% | +$6.92M |
|
107
Capital One
COF
$130B
| $322M | 0.18% |
4,471,510
-58,421
| -1% | -$4.47M |
|
108
Phillips 66
PSX
$83.6B
| $319M | 0.18% |
3,906,011
+116,898
| +3% | +$10.1M |
|
109
Dominion Energy
D
$62.2B
| $317M | 0.18% |
4,703,791
+12,092
| +0.3% | +$835K |
|
110
Caterpillar
CAT
$360B
| $317M | 0.18% |
4,669,843
-172,214
| -4% | -$12M |
|
111
American Tower
AMT
$80.8B
| $313M | 0.18% |
3,239,913
+16,670
| +0.5% | +$1.62M |
|
112
FedEx
FDX
$73.3B
| $312M | 0.18% |
2,099,900
-5,458
| -0.3% | -$844K |
|
|
RTN
113
DELISTED
Raytheon Company
RTN
| $311M | 0.18% |
2,500,060
-32,307
| -1% | -$3.88M |
|
114
Elevance Health
ELV
$82.4B
| $306M | 0.17% |
2,197,814
+29,570
| +1% | +$4.07M |
|
|
AET
115
DELISTED
Aetna Inc
AET
| $306M | 0.17% |
2,834,398
+13,876
| +0.5% | +$1.5M |
|
116
Kroger
KR
$37B
| $305M | 0.17% |
7,319,147
+34,880
| +0.5% | +$1.35M |
|
117
Broadcom
AVGO
$1.78T
| $303M | 0.17% |
20,946,620
+318,440
| +2% | +$4.14M |
|
118
EOG Resources
EOG
$77.3B
| $301M | 0.17% |
4,262,033
+26,241
| +0.6% | +$2.13M |
|
119
Delta Air Lines
DAL
$57.2B
| $301M | 0.17% |
5,943,477
-8,379
| -0.1% | -$414K |
|
|
SCHW
120
Charles Schwab
SCHW
$185B
| $299M | 0.17% |
9,086,623
+16,984
| +0.2% | +$537K |
|
121
Chubb
CB
$141B
| $295M | 0.17% |
2,533,632
-17,902
| -0.7% | -$2.03M |
|
122
Valero Energy
VLO
$90.1B
| $292M | 0.17% |
4,141,078
-83,188
| -2% | -$5.67M |
|
|
RAI
123
DELISTED
Reynolds American Inc
RAI
| $289M | 0.16% |
6,279,151
+33,902
| +0.5% | +$1.57M |
|
124
Cigna
CI
$78.8B
| $288M | 0.16% |
1,973,196
+13,022
| +0.7% | +$1.79M |
|
125
Cognizant
CTSH
$26.5B
| $287M | 0.16% |
4,790,552
+13,603
| +0.3% | +$877K |
|
Similar funds
Geode Capital Management's Q4 2015 Portfolio in Review
As of Q4 2015, Geode Capital Management held 4,254 positions worth $175B, up 6.4% from $165B the previous quarter. Its ten largest holdings account for 15% of the portfolio.
Geode Capital Management's Q4 2015 filing shows 121 new, 2,694 increased, 871 reduced and 116 closed positions. Its largest new stake was Alphabet (Google) Class A: 48,905,040 shares worth $1.9B. The largest sale was Alphabet (Google) Class C, an estimated $1.69B.
By sector, the portfolio is most concentrated in Financials at 15% of assets, down from 15% a quarter earlier, followed by Healthcare and Technology.
- Geode Capital Management's largest Q4 2015 buy was Alphabet (Google) Class A: 48,905,040 shares worth $1.9B.
- Geode Capital Management added most to Synchrony in Q4 2015, an estimated $198M increase.
- Geode Capital Management's biggest Q4 2015 reduction was Alphabet (Google) Class C, cutting an estimated $1.69B.
- Geode Capital Management fully exited COMCAST CORP SPL A (NEW) in Q4 2015, selling an estimated $172M.
- Geode Capital Management's ten largest holdings make up 15% of its $175B portfolio in Q4 2015.
- Geode Capital Management opened 121 new positions and closed 116 in Q4 2015.
- Geode Capital Management's portfolio value rose 6.4% quarter-over-quarter to $175B.
Based on Geode Capital Management's 13F filing for Q4 2015, filed 12 Feb 2016.