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 | |
|---|---|---|---|---|---|---|
|
NGHC
1426
DELISTED
National General Holdings Corp
NGHC
| $10.8M | 0.01% |
485,261
-2,153
| -0.4% | -$46.9K |
|
|
PINC
1427
DELISTED
Premier
PINC
| $10.8M | 0.01% |
333,281
+9,465
| +3% | +$307K |
|
1428
Ubiquiti
UI
$34.3B
| $10.8M | 0.01% |
201,239
+2,559
| +1% | +$123K |
|
1429
Boyd Gaming
BYD
$6.06B
| $10.7M | 0.01% |
543,168
-106,662
| -16% | -$2.05M |
|
1430
Children's Place
PLCE
$59.8M
| $10.7M | 0.01% |
134,475
-13,133
| -9% | -$1.08M |
|
1431
Caleres
CAL
$487M
| $10.7M | 0.01% |
424,479
+6,408
| +2% | +$163K |
|
1432
Independent Bank
INDB
$3.97B
| $10.7M | 0.01% |
198,388
+2,181
| +1% | +$111K |
|
|
ALDR
1433
DELISTED
Alder Biopharmaceuticals
ALDR
| $10.7M | 0.01% |
326,726
+253
| +0.1% | +$7.71K |
|
|
AXON
1434
Axon Enterprise
AXON
$46.4B
| $10.6M | 0.01% |
370,879
+1,626
| +0.4% | +$45.1K |
|
|
DNR
1435
DELISTED
Denbury Resources, Inc.
DNR
| $10.6M | 0.01% |
3,284,157
+955,372
| +41% | +$2.92M |
|
|
HMHC
1436
DELISTED
Houghton Mifflin Harcourt Company
HMHC
| $10.6M | 0.01% |
790,512
+10,022
| +1% | +$156K |
|
|
CBM
1437
DELISTED
Cambrex Corporation
CBM
| $10.6M | 0.01% |
238,373
+7,802
| +3% | +$380K |
|
|
AEL
1438
DELISTED
American Equity Investment Life Holding Company
AEL
| $10.6M | 0.01% |
596,034
+57,038
| +11% | +$942K |
|
1439
Comscore
SCOR
$109M
| $10.6M | 0.01% |
17,227
+229
| +1% | +$130K |
|
1440
Group 1 Automotive
GPI
$3.18B
| $10.5M | 0.01% |
164,801
-7,907
| -5% | -$466K |
|
1441
RingCentral
RNG
$5.28B
| $10.5M | 0.01% |
444,081
+20,658
| +5% | +$467K |
|
|
IMPV
1442
DELISTED
Imperva, Inc.
IMPV
| $10.5M | 0.01% |
195,570
+14,924
| +8% | +$693K |
|
1443
Nelnet
NNI
$4.7B
| $10.5M | 0.01% |
260,041
+9,264
| +4% | +$345K |
|
|
CHS
1444
DELISTED
Chicos FAS, Inc.
CHS
| $10.5M | 0.01% |
881,534
-2,906
| -0.3% | -$34.4K |
|
1445
OneMain Financial
OMF
$7.47B
| $10.5M | 0.01% |
338,262
+23,261
| +7% | +$670K |
|
1446
Precigen
PGEN
$2.59B
| $10.5M | 0.01% |
376,676
+58,837
| +19% | +$1.56M |
|
1447
Fabrinet
FN
$20.1B
| $10.5M | 0.01% |
234,500
+21,955
| +10% | +$871K |
|
|
UNVR
1448
DELISTED
Univar Solutions Inc.
UNVR
| $10.5M | 0.01% |
478,364
+232,518
| +95% | +$4.56M |
|
|
TWOU
1449
DELISTED
2U Inc
TWOU
| $10.4M | 0.01% |
9,086
+922
| +11% | +$962K |
|
|
TIME
1450
DELISTED
Time Inc.
TIME
| $10.4M | 0.01% |
719,080
+17,028
| +2% | +$257K |
|
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.