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 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 | 15.39% |
| 2 | Healthcare | 14.53% |
| 3 | Financials | 14.37% |
| 4 | Industrials | 10.28% |
| 5 | Consumer Discretionary | 9.57% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
126
CME Group
CME
$101B
| $315M | 0.16% |
3,016,922
+62,606
| +2% | +$6.54M |
2013 Q2
13 quarters
|
|
127
eBay
EBAY
$49.9B
| $314M | 0.16% |
9,571,642
+13,079
| +0.1% | +$395K |
2013 Q2
13 quarters
|
|
|
RAI
128
DELISTED
Reynolds American Inc
RAI
| $313M | 0.16% |
6,657,361
+239,416
| +4% | +$12M |
2013 Q2
13 quarters
|
|
129
Becton Dickinson
BDX
$50.1B
| $312M | 0.16% |
1,783,310
+58,694
| +3% | +$10M |
2013 Q2
13 quarters
|
|
130
Marsh
MRSH
$83.9B
| $305M | 0.15% |
4,542,751
+207,661
| +5% | +$13.9M |
2013 Q2
13 quarters
|
|
131
Prudential Financial
PRU
$39B
| $299M | 0.15% |
3,667,507
+150,463
| +4% | +$11.5M |
2013 Q2
13 quarters
|
|
132
Charles Schwab
SCHW
$167B
| $299M | 0.15% |
9,480,209
+316,683
| +3% | +$9.29M |
2013 Q2
13 quarters
|
|
133
Applied Materials
AMAT
$402B
| $299M | 0.15% |
9,921,438
+185,354
| +2% | +$5.17M |
2013 Q2
13 quarters
|
|
134
Elevance Health
ELV
$89.5B
| $297M | 0.15% |
2,373,463
+104,535
| +5% | +$13.5M |
2013 Q2
13 quarters
|
|
135
Stryker
SYK
$106B
| $296M | 0.15% |
2,543,858
+55,356
| +2% | +$6.45M |
2013 Q2
13 quarters
|
|
136
DELISTED
Anadarko Petroleum
APC
| $283M | 0.14% |
4,474,460
+473,828
| +12% | +$26.4M |
2013 Q2
13 quarters
|
|
137
Prologis
PLD
$123B
| $283M | 0.14% |
5,291,752
+372,623
| +8% | +$19.7M |
2013 Q2
13 quarters
|
|
138
LyondellBasell Industries
LYB
$19.4B
| $281M | 0.14% |
3,491,067
+202,695
| +6% | +$15.7M |
2013 Q2
13 quarters
|
|
139
Travelers Companies
TRV
$76.9B
| $277M | 0.14% |
2,424,205
+371
| +0% | +$43.4K |
2013 Q2
13 quarters
|
|
140
DELISTED
Praxair Inc
PX
| $277M | 0.14% |
2,292,583
+69,733
| +3% | +$8.25M |
2013 Q2
13 quarters
|
|
141
Welltower
WELL
$162B
| $275M | 0.14% |
3,688,768
+295,167
| +9% | +$22.6M |
2013 Q2
13 quarters
|
|
142
Cigna
CI
$74.6B
| $274M | 0.14% |
2,106,810
+72,427
| +4% | +$9.46M |
2013 Q2
13 quarters
|
|
143
Exelon
EXC
$43B
| $273M | 0.14% |
11,504,612
+213,776
| +2% | +$5.37M |
2013 Q2
13 quarters
|
|
144
Intuit
INTU
$80.9B
| $267M | 0.13% |
2,425,923
+43,651
| +2% | +$4.88M |
2013 Q2
13 quarters
|
|
145
Yum! Brands
YUM
$39.5B
| $266M | 0.13% |
4,076,472
-214,906
| -5% | -$13.7M |
2013 Q2
13 quarters
|
|
146
American Electric Power
AEP
$66.9B
| $261M | 0.13% |
4,077,503
+178,689
| +5% | +$12M |
2013 Q2
13 quarters
|
|
147
S&P Global
SPGI
$120B
| $261M | 0.13% |
2,062,537
+52,809
| +3% | +$6.34M |
2016 Q2
1 quarter
|
|
148
O'Reilly Automotive
ORLY
$69.9B
| $260M | 0.13% |
13,916,175
+595,215
| +4% | +$11.2M |
2013 Q2
13 quarters
|
|
149
Crown Castle
CCI
$33.9B
| $259M | 0.13% |
2,758,672
+52,288
| +2% | +$5.03M |
2013 Q2
13 quarters
|
|
150
Aflac
AFL
$57.4B
| $259M | 0.13% |
7,221,842
+303,042
| +4% | +$11M |
2013 Q2
13 quarters
|
|
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 $6.98B of net new capital in Q3 2016, opening 137 new positions and adding to 3,050 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 Healthcare and Financials.
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.