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 | |
|---|---|---|---|---|---|---|
1476
Rambus
RMBS
$11B
| $10M | 0.01% |
802,479
+9,778
| +1% | +$129K |
|
1477
Etsy
ETSY
$7.85B
| $10M | 0.01% |
700,259
+427,953
| +157% | +$5.42M |
|
|
SCTY
1478
DELISTED
SolarCity Corporation
SCTY
| $9.97M | 0.01% |
510,003
+70,241
| +16% | +$1.57M |
|
1479
Dave & Buster's
PLAY
$357M
| $9.96M | 0.01% |
254,360
+46,496
| +22% | +$2.06M |
|
|
PMC
1480
DELISTED
PharMerica Corporation
PMC
| $9.92M | 0.01% |
353,367
+14,710
| +4% | +$377K |
|
1481
Coherent
COHR
$74.2B
| $9.91M | 0.01% |
407,417
+8,329
| +2% | +$176K |
|
1482
GoDaddy
GDDY
$11.5B
| $9.89M | 0.01% |
286,517
-22,429
| -7% | -$715K |
|
1483
Westamerica Bancorp
WABC
$1.37B
| $9.88M | 0.01% |
194,180
+3,041
| +2% | +$148K |
|
|
BSFT
1484
DELISTED
BroadSoft, Inc.
BSFT
| $9.87M | 0.01% |
212,135
+8,768
| +4% | +$391K |
|
|
AMED
1485
DELISTED
Amedisys
AMED
| $9.86M | 0.01% |
207,885
+764
| +0.4% | +$38.1K |
|
1486
Boston Beer
SAM
$1.92B
| $9.82M | ﹤0.01% |
63,270
+2,470
| +4% | +$431K |
|
1487
Skywest
SKYW
$4.34B
| $9.82M | ﹤0.01% |
371,966
+5,066
| +1% | +$141K |
|
1488
Protolabs
PRLB
$2.13B
| $9.81M | ﹤0.01% |
163,793
+7,158
| +5% | +$412K |
|
|
AMWD
1489
DELISTED
American Woodmark
AMWD
| $9.81M | ﹤0.01% |
121,768
+1,667
| +1% | +$130K |
|
1490
The Greenbrier Companies
GBX
$1.46B
| $9.81M | ﹤0.01% |
277,812
+43,618
| +19% | +$1.43M |
|
1491
WSFS Financial
WSFS
$4.15B
| $9.8M | ﹤0.01% |
268,543
+837
| +0.3% | +$30.2K |
|
|
NAV
1492
DELISTED
Navistar International
NAV
| $9.79M | ﹤0.01% |
427,672
+16,802
| +4% | +$256K |
|
|
ONCE
1493
DELISTED
Spark Therapeutics, Inc. Common Stock
ONCE
| $9.79M | ﹤0.01% |
162,987
+12,413
| +8% | +$716K |
|
1494
Apogee Enterprises
APOG
$908M
| $9.79M | ﹤0.01% |
219,014
+16,698
| +8% | +$779K |
|
|
HSNI
1495
DELISTED
HSN, Inc.
HSNI
| $9.75M | ﹤0.01% |
244,957
+10,862
| +5% | +$493K |
|
|
CMO
1496
DELISTED
Capstead Mortgage Corp.
CMO
| $9.69M | ﹤0.01% |
1,027,531
+1,899
| +0.2% | +$18.9K |
|
|
TGI
1497
DELISTED
Triumph Group
TGI
| $9.68M | ﹤0.01% |
347,352
+13,925
| +4% | +$450K |
|
1498
Enerpac Tool Group
EPAC
$1.93B
| $9.68M | ﹤0.01% |
416,487
+25,820
| +7% | +$605K |
|
|
BLOX
1499
DELISTED
Infoblox Inc
BLOX
| $9.66M | ﹤0.01% |
366,194
-1,794
| -0.5% | -$37.8K |
|
|
CLVS
1500
DELISTED
Clovis Oncology, Inc.
CLVS
| $9.64M | ﹤0.01% |
267,491
+40,467
| +18% | +$868K |
|
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.