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 | |
|---|---|---|---|---|---|---|
1701
Green Dot
GDOT
$745M
| $7.02M | ﹤0.01% |
304,580
-5,238
| -2% | -$123K |
|
|
ISLE
1702
DELISTED
Isle of Capri Casinos Inc
ISLE
| $7.01M | ﹤0.01% |
314,463
-104,439
| -25% | -$1.96M |
|
1703
The Ensign Group
ENSG
$10.7B
| $7M | ﹤0.01% |
372,044
-1,201
| -0.3% | -$22.8K |
|
1704
Andersons Inc
ANDE
$2.22B
| $7M | ﹤0.01% |
193,349
+5,943
| +3% | +$215K |
|
|
GTLS
1705
DELISTED
Chart Industries
GTLS
| $7M | ﹤0.01% |
213,069
+1,447
| +0.7% | +$41.9K |
|
1706
RPC Inc
RES
$1.3B
| $6.99M | ﹤0.01% |
415,857
+8,872
| +2% | +$135K |
|
1707
TherapeuticsMD
TXMD
$24M
| $6.99M | ﹤0.01% |
20,517
+255
| +1% | +$93.1K |
|
1708
Lakeland Financial Corp
LKFN
$1.53B
| $6.98M | ﹤0.01% |
197,102
+2,367
| +1% | +$81.7K |
|
1709
BancFirst
BANF
$3.8B
| $6.96M | ﹤0.01% |
192,054
+7,172
| +4% | +$239K |
|
|
MTOR
1710
DELISTED
MERITOR, Inc.
MTOR
| $6.91M | ﹤0.01% |
621,110
-4,554
| -0.7% | -$44.3K |
|
|
MANT
1711
DELISTED
Mantech International Corp
MANT
| $6.91M | ﹤0.01% |
183,355
+1,594
| +0.9% | +$63.3K |
|
|
MDC
1712
DELISTED
M.D.C. Holdings, Inc.
MDC
| $6.88M | ﹤0.01% |
370,616
+2,099
| +0.6% | +$39K |
|
|
FCH
1713
DELISTED
Felcor Lodging Trust
FCH
| $6.87M | ﹤0.01% |
1,068,234
+27,061
| +3% | +$176K |
|
1714
Patrick Industries
PATK
$2.85B
| $6.87M | ﹤0.01% |
249,563
+3,492
| +1% | +$98.4K |
|
1715
First Interstate BancSystem
FIBK
$3.58B
| $6.85M | ﹤0.01% |
217,520
+5,731
| +3% | +$171K |
|
1716
Acco Brands
ACCO
$407M
| $6.85M | ﹤0.01% |
710,710
-9,873
| -1% | -$101K |
|
1717
Amphastar Pharmaceuticals
AMPH
$916M
| $6.85M | ﹤0.01% |
361,152
+62,855
| +21% | +$1.14M |
|
1718
Green Plains
GPRE
$1.03B
| $6.83M | ﹤0.01% |
260,679
+16,684
| +7% | +$390K |
|
|
TIER
1719
DELISTED
TIER REIT, Inc.
TIER
| $6.83M | ﹤0.01% |
442,319
+16,096
| +4% | +$263K |
|
1720
National Healthcare
NHC
$3.38B
| $6.82M | ﹤0.01% |
103,331
+2,051
| +2% | +$133K |
|
|
IPCC
1721
DELISTED
Infinity Property & Casualty C
IPCC
| $6.82M | ﹤0.01% |
82,513
+370
| +0.5% | +$30.6K |
|
1722
Standard Motor Products
SMP
$911M
| $6.8M | ﹤0.01% |
142,420
+1,807
| +1% | +$78.7K |
|
|
SNR
1723
DELISTED
NEW SENIOR INVESTMENT GROUP INC.
SNR
| $6.8M | ﹤0.01% |
589,256
-14,039
| -2% | -$166K |
|
|
CKH
1724
DELISTED
Seacor Holdings Inc.
CKH
| $6.8M | ﹤0.01% |
118,194
+507
| +0.4% | +$27.9K |
|
1725
Chesapeake Utilities
CPK
$3.21B
| $6.79M | ﹤0.01% |
111,290
+4,280
| +4% | +$275K |
|
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.