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 | |
|---|---|---|---|---|---|---|
|
AAWW
1651
DELISTED
Atlas Air Worldwide Holdings, Inc.
AAWW
| $7.55M | ﹤0.01% |
176,455
+2,712
| +2% | +$106K |
|
1652
Tompkins Financial
TMP
$1.42B
| $7.54M | ﹤0.01% |
98,688
+2,866
| +3% | +$205K |
|
1653
Wayfair
W
$14.6B
| $7.52M | ﹤0.01% |
190,935
+13,680
| +8% | +$553K |
|
1654
Rogers Corp
ROG
$2.4B
| $7.51M | ﹤0.01% |
122,914
+2,198
| +2% | +$133K |
|
1655
Comfort Systems
FIX
$59.6B
| $7.5M | ﹤0.01% |
256,073
+7,943
| +3% | +$236K |
|
1656
CONMED
CNMD
$1.47B
| $7.5M | ﹤0.01% |
187,286
+3,386
| +2% | +$144K |
|
|
CUB
1657
DELISTED
Cubic Corporation
CUB
| $7.49M | ﹤0.01% |
160,080
+2,139
| +1% | +$95K |
|
1658
Seaboard Corp
SEB
$4.06B
| $7.49M | ﹤0.01% |
2,177
-12
| -0.5% | -$37.3K |
|
|
SGYP
1659
DELISTED
Synergy Pharmaceuticals, Inc Common Stock
SGYP
| $7.46M | ﹤0.01% |
1,354,038
+76,358
| +6% | +$357K |
|
|
NXGN
1660
DELISTED
NextGen Healthcare, Inc. Common Stock
NXGN
| $7.46M | ﹤0.01% |
658,954
-2,690
| -0.4% | -$32.3K |
|
|
CVGW
1661
DELISTED
Calavo Growers
CVGW
| $7.45M | ﹤0.01% |
113,860
+1,606
| +1% | +$104K |
|
1662
AAR Corp
AIR
$5.76B
| $7.43M | ﹤0.01% |
237,411
+8,771
| +4% | +$223K |
|
|
LMNX
1663
DELISTED
Luminex Corp
LMNX
| $7.42M | ﹤0.01% |
326,653
-5,888
| -2% | -$128K |
|
|
BEL
1664
DELISTED
Belmond Ltd.
BEL
| $7.4M | ﹤0.01% |
582,299
-2,997
| -0.5% | -$34.1K |
|
|
ASNA
1665
DELISTED
Ascena Retail Group, Inc.
ASNA
| $7.39M | ﹤0.01% |
66,132
+5,540
| +9% | +$840K |
|
|
PMT
1666
PennyMac Mortgage Investment
PMT
$842M
| $7.39M | ﹤0.01% |
474,406
+5,926
| +1% | +$92.4K |
|
1667
Lexicon Pharmaceuticals
LXRX
$1.1B
| $7.39M | ﹤0.01% |
408,797
-7,560
| -2% | -$122K |
|
1668
National Bank Holdings
NBHC
$1.9B
| $7.38M | ﹤0.01% |
315,847
+1,615
| +0.5% | +$35.7K |
|
1669
Clearwater Paper
CLW
$376M
| $7.36M | ﹤0.01% |
113,853
-2,491
| -2% | -$157K |
|
|
ELGX
1670
DELISTED
Endologix Inc
ELGX
| $7.36M | ﹤0.01% |
57,510
+6,971
| +14% | +$892K |
|
1671
Sturm, Ruger & Co
RGR
$593M
| $7.34M | ﹤0.01% |
127,032
+1,783
| +1% | +$113K |
|
1672
Qualys
QLYS
$6.35B
| $7.33M | ﹤0.01% |
192,088
+15,327
| +9% | +$513K |
|
1673
Clearway Energy Class C
CWEN
$6.7B
| $7.33M | ﹤0.01% |
432,155
+1,654
| +0.4% | +$28.4K |
|
1674
Ryanair
RYAAY
$31.3B
| $7.33M | ﹤0.01% |
244,123
+7,340
| +3% | +$213K |
|
|
CALY
1675
Callaway Golf Company
CALY
$3.14B
| $7.32M | ﹤0.01% |
630,422
-5,590
| -0.9% | -$62.3K |
|
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.