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 | |
|---|---|---|---|---|---|---|
1251
Armstrong World Industries
AWI
$7.84B
| $13.8M | 0.01% |
332,987
+35,880
| +12% | +$1.5M |
|
1252
Chord Energy
CHRD
$7.39B
| $13.8M | 0.01% |
1,199,081
+22,376
| +2% | +$205K |
|
1253
ATI
ATI
$31B
| $13.8M | 0.01% |
761,047
+43,149
| +6% | +$715K |
|
|
AXE
1254
DELISTED
Anixter International Inc
AXE
| $13.7M | 0.01% |
212,991
+5,685
| +3% | +$342K |
|
|
RDUS
1255
DELISTED
Radius Health, Inc.
RDUS
| $13.7M | 0.01% |
253,869
+12,748
| +5% | +$648K |
|
1256
Allegiant Air
ALGT
$2.57B
| $13.7M | 0.01% |
103,898
-4,464
| -4% | -$607K |
|
1257
Mueller Water Products
MWA
$4.16B
| $13.7M | 0.01% |
1,093,244
+8,508
| +0.8% | +$102K |
|
|
GCP
1258
DELISTED
GCP Applied Technologies Inc.
GCP
| $13.7M | 0.01% |
484,329
+6,588
| +1% | +$183K |
|
1259
Grand Canyon Education
LOPE
$3.98B
| $13.7M | 0.01% |
338,730
+4,213
| +1% | +$175K |
|
1260
SouthState Bank Corp
SSB
$10.5B
| $13.7M | 0.01% |
182,285
+6,185
| +4% | +$453K |
|
|
KATE
1261
DELISTED
Kate Spade & Company
KATE
| $13.7M | 0.01% |
798,060
+18,446
| +2% | +$358K |
|
1262
Vishay Intertechnology
VSH
$5.43B
| $13.7M | 0.01% |
969,446
+49,338
| +5% | +$664K |
|
1263
Benchmark Electronics
BHE
$2.96B
| $13.7M | 0.01% |
547,334
-4,507
| -0.8% | -$107K |
|
|
GK
1264
DELISTED
G&K Services Inc
GK
| $13.6M | 0.01% |
142,288
-4,711
| -3% | -$417K |
|
|
SIR
1265
DELISTED
SELECT INCOME REIT
SIR
| $13.6M | 0.01% |
1,148,256
+84,361
| +8% | +$1M |
|
|
HI
1266
DELISTED
Hillenbrand
HI
| $13.6M | 0.01% |
428,831
+4,548
| +1% | +$144K |
|
|
CADE
1267
DELISTED
Cadence Bank
CADE
| $13.5M | 0.01% |
583,016
+15,323
| +3% | +$364K |
|
1268
RBC Bearings
RBC
$18B
| $13.5M | 0.01% |
176,806
+2,378
| +1% | +$182K |
|
1269
J&J Snack Foods
JJSF
$1.71B
| $13.5M | 0.01% |
113,514
+2,363
| +2% | +$285K |
|
1270
Methode Electronics
MEI
$592M
| $13.5M | 0.01% |
386,408
+3,255
| +0.8% | +$114K |
|
1271
Trustmark
TRMK
$2.75B
| $13.5M | 0.01% |
490,238
+7,550
| +2% | +$203K |
|
|
PRAH
1272
DELISTED
PRA Health Sciences, Inc.
PRAH
| $13.5M | 0.01% |
238,951
+3,552
| +2% | +$174K |
|
|
HRG
1273
DELISTED
HRG Group, Inc.
HRG
| $13.5M | 0.01% |
859,172
+35,049
| +4% | +$531K |
|
|
RGC
1274
DELISTED
Regal Entertainment Group
RGC
| $13.5M | 0.01% |
619,669
+183,040
| +42% | +$4.03M |
|
1275
Mueller Industries
MLI
$15.2B
| $13.5M | 0.01% |
1,661,660
+13,176
| +0.8% | +$111K |
|
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.