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 | |
|---|---|---|---|---|---|---|
1626
Interface
TILE
$2.22B
| $7.93M | ﹤0.01% |
475,141
+5,363
| +1% | +$89.6K |
|
|
FOLD
1627
DELISTED
Amicus Therapeutics
FOLD
| $7.91M | ﹤0.01% |
1,069,349
+212,602
| +25% | +$1.44M |
|
1628
Badger Meter
BMI
$4.03B
| $7.91M | ﹤0.01% |
236,013
+3,063
| +1% | +$106K |
|
|
ACHN
1629
DELISTED
Achillion Pharmaceuticals
ACHN
| $7.88M | ﹤0.01% |
972,231
+91,977
| +10% | +$782K |
|
|
FOE
1630
DELISTED
Ferro Corporation
FOE
| $7.86M | ﹤0.01% |
569,286
-1,112
| -0.2% | -$14.7K |
|
1631
Tennant Co
TNC
$1.26B
| $7.86M | ﹤0.01% |
121,282
+1,451
| +1% | +$89.9K |
|
|
OME
1632
DELISTED
Omega Protein
OME
| $7.84M | ﹤0.01% |
335,692
+10,990
| +3% | +$258K |
|
|
ABAX
1633
DELISTED
Abaxis Inc
ABAX
| $7.82M | ﹤0.01% |
151,564
+1,897
| +1% | +$95.1K |
|
|
CRAY
1634
DELISTED
Cray, Inc.
CRAY
| $7.81M | ﹤0.01% |
331,678
+6,484
| +2% | +$165K |
|
|
CALD
1635
DELISTED
Callidus Software, Inc.
CALD
| $7.79M | ﹤0.01% |
424,719
+27,783
| +7% | +$543K |
|
1636
Genesco
GCO
$422M
| $7.79M | ﹤0.01% |
143,039
+146
| +0.1% | +$9.21K |
|
|
SHPG
1637
DELISTED
Shire pic
SHPG
| $7.77M | ﹤0.01% |
40,075
+20,057
| +100% | +$3.91M |
|
|
DPLO
1638
DELISTED
DIPLOMAT PHARMACY, INC.
DPLO
| $7.76M | ﹤0.01% |
277,247
+23,419
| +9% | +$786K |
|
1639
Heartland Express
HTLD
$956M
| $7.75M | ﹤0.01% |
410,752
-7,318
| -2% | -$137K |
|
|
VA
1640
DELISTED
Virgin America Inc.
VA
| $7.75M | ﹤0.01% |
144,872
-13,463
| -9% | -$751K |
|
|
TLN
1641
DELISTED
Talen Energy Corporation
TLN
| $7.74M | ﹤0.01% |
558,842
+95,550
| +21% | +$1.31M |
|
1642
ATN International
ATNI
$492M
| $7.73M | ﹤0.01% |
118,917
+1,466
| +1% | +$103K |
|
1643
Werner Enterprises
WERN
$2.25B
| $7.71M | ﹤0.01% |
331,391
+9,315
| +3% | +$221K |
|
|
TYPE
1644
DELISTED
Monotype Imaging Holdings Inc.
TYPE
| $7.71M | ﹤0.01% |
348,811
+16,956
| +5% | +$369K |
|
|
IQNT
1645
DELISTED
Inteliquent, Inc.
IQNT
| $7.71M | ﹤0.01% |
477,506
-4,929
| -1% | -$86.5K |
|
1646
Universal Electronics
UEIC
$61.3M
| $7.7M | ﹤0.01% |
103,433
+1,634
| +2% | +$123K |
|
1647
Walker & Dunlop
WD
$1.53B
| $7.69M | ﹤0.01% |
304,348
+24,348
| +9% | +$619K |
|
|
ININ
1648
DELISTED
Interactive Intelligence Group, inc.
ININ
| $7.65M | ﹤0.01% |
127,244
+1,847
| +1% | +$99.8K |
|
|
NPTN
1649
DELISTED
NEOPHOTONICS CORP
NPTN
| $7.63M | ﹤0.01% |
466,922
-1,160
| -0.2% | -$16.3K |
|
1650
Paylocity
PCTY
$7.98B
| $7.58M | ﹤0.01% |
170,561
+14,620
| +9% | +$648K |
|
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.