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 |
AGN
Allergan plc
AGN
|
+$963M |
| 2 |
The Kraft Heinz Company
KHC
|
+$367M |
| 3 |
PayPal
PYPL
|
+$328M |
| 4 |
AT&T
T
|
+$279M |
| 5 |
Monster Beverage
MNST
|
+$175M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
KRFT
KRAFT FOODS GROUP INC COM STK (VA)
KRFT
|
+$394M |
| 2 |
DTV
DIRECTV COM STK (DE)
DTV
|
+$366M |
| 3 |
eBay
EBAY
|
+$327M |
| 4 |
Comcast
CMCSA
|
+$172M |
| 5 |
Baxter International
BAX
|
+$124M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 15.51% |
| 2 | Healthcare | 15.14% |
| 3 | Technology | 14.58% |
| 4 | Industrials | 10.27% |
| 5 | Consumer Discretionary | 9.65% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
126
General Mills
GIS
$17.6B
| $262M | 0.16% |
4,669,640
+52,141
| +1% | +$2.99M |
2013 Q2
9 quarters
|
|
127
Yum! Brands
YUM
$41B
| $261M | 0.16% |
4,543,074
+35,149
| +0.8% | +$2.13M |
2013 Q2
9 quarters
|
|
128
Charles Schwab
SCHW
$159B
| $258M | 0.16% |
9,069,639
+369,271
| +4% | +$11.9M |
2013 Q2
9 quarters
|
|
129
Travelers Companies
TRV
$81.3B
| $258M | 0.16% |
2,594,243
+12,195
| +0.5% | +$1.25M |
2013 Q2
9 quarters
|
|
130
Broadcom
AVGO
$1.57T
| $257M | 0.16% |
20,628,180
+674,410
| +3% | +$8.52M |
2013 Q2
9 quarters
|
|
131
CME Group
CME
$105B
| $255M | 0.15% |
2,759,156
+191,864
| +7% | +$18.2M |
2013 Q2
9 quarters
|
|
132
Vivmark Residential
VMRK
$47.2B
| $255M | 0.15% |
3,402,124
-8,965
| -0.3% | -$659K |
2013 Q2
9 quarters
|
|
133
Valero Energy
VLO
$128B
| $253M | 0.15% |
4,224,266
-2,667
| -0.1% | -$169K |
2013 Q2
9 quarters
|
|
134
LyondellBasell Industries
LYB
$20.7B
| $252M | 0.15% |
3,030,023
-93,923
| -3% | -$8.35M |
2013 Q2
9 quarters
|
|
|
PCP
135
DELISTED
PRECISION CASTPARTS CORP
PCP
| $250M | 0.15% |
1,089,139
+27,630
| +3% | +$5.93M |
2013 Q2
9 quarters
|
|
136
DELISTED
Anadarko Petroleum
APC
| $247M | 0.15% |
4,103,532
+33,617
| +0.8% | +$2.39M |
2013 Q2
9 quarters
|
|
137
Halliburton
HAL
$27.9B
| $243M | 0.15% |
6,885,826
+79,811
| +1% | +$3.14M |
2013 Q2
9 quarters
|
|
138
Northrop Grumman
NOC
$73.1B
| $241M | 0.15% |
1,454,608
-104,645
| -7% | -$17.5M |
2013 Q2
9 quarters
|
|
|
BRCM
139
DELISTED
BROADCOM CORP CL-A
BRCM
| $235M | 0.14% |
4,579,660
+148,550
| +3% | +$7.64M |
2013 Q2
9 quarters
|
|
140
Emerson Electric
EMR
$89B
| $231M | 0.14% |
5,232,928
-23,670
| -0.5% | -$1.16M |
2013 Q2
9 quarters
|
|
|
141
eBay
EBAY
$53.4B
| $230M | 0.14% |
9,448,620
-12,163,804
| -56% | -$327M |
2013 Q2
9 quarters
|
|
142
Stryker
SYK
$113B
| $228M | 0.14% |
2,427,671
+153,401
| +7% | +$15.2M |
2013 Q2
9 quarters
|
|
143
DELISTED
CHUBB CORPORATION
CB
| $227M | 0.14% |
1,850,995
+24,246
| +1% | +$2.97M |
2013 Q2
9 quarters
|
|
144
Welltower
WELL
$169B
| $226M | 0.14% |
3,339,220
+17,177
| +0.5% | +$1.15M |
2013 Q2
9 quarters
|
|
145
DELISTED
Praxair Inc
PX
| $225M | 0.14% |
2,217,398
+17,131
| +0.8% | +$1.89M |
2013 Q2
9 quarters
|
|
146
DELISTED
AvalonBay Communities
AVB
| $224M | 0.14% |
1,282,667
+2,772
| +0.2% | +$470K |
2013 Q2
9 quarters
|
|
147
Ecolab
ECL
$80.4B
| $223M | 0.14% |
2,037,768
+2,913
| +0.1% | +$326K |
2013 Q2
9 quarters
|
|
148
Exelon
EXC
$44.9B
| $222M | 0.13% |
10,513,769
+874,190
| +9% | +$19.7M |
2013 Q2
9 quarters
|
|
149
Truist Financial
TFC
$57.8B
| $218M | 0.13% |
6,131,181
+483,400
| +9% | +$18.7M |
2013 Q2
9 quarters
|
|
150
American Electric Power
AEP
$69.2B
| $217M | 0.13% |
3,831,456
+34,638
| +0.9% | +$1.92M |
2013 Q2
9 quarters
|
|
Similar funds
Geode Capital Management's Q3 2015 Portfolio in Review
As of Q3 2015, Geode Capital Management held 4,216 positions worth $165B, down 5.9% from $175B the previous quarter. Its ten largest holdings account for 15% of the portfolio.
Geode Capital Management's Q3 2015 filing shows 234 new, 2,897 increased, 624 reduced and 88 closed positions. Its largest new stake was Allergan plc: 3,134,775 shares worth $850M. The largest sale was KRAFT FOODS GROUP INC COM STK (VA), an estimated $394M.
By sector, the portfolio is most concentrated in Financials at 16% of assets, up from 15% a quarter earlier, followed by Healthcare and Technology.
- Geode Capital Management's largest Q3 2015 buy was Allergan plc: 3,134,775 shares worth $850M.
- Geode Capital Management added most to AT&T in Q3 2015, an estimated $279M increase.
- Geode Capital Management's biggest Q3 2015 reduction was eBay, cutting an estimated $327M.
- Geode Capital Management fully exited KRAFT FOODS GROUP INC COM STK (VA) in Q3 2015, selling an estimated $394M.
- Geode Capital Management's ten largest holdings make up 15% of its $165B portfolio in Q3 2015.
- Geode Capital Management opened 234 new positions and closed 88 in Q3 2015.
- Geode Capital Management's portfolio value fell 5.9% quarter-over-quarter to $165B.
Based on Geode Capital Management's 13F filing for Q3 2015, filed 13 Nov 2015.