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 | |
|---|---|---|---|---|---|---|
1726
Artisan Partners
APAM
$3.02B
| $6.79M | ﹤0.01% |
249,561
-2,197
| -0.9% | -$60K |
|
|
MNR
1727
DELISTED
Monmouth Real Estate Investment Corp
MNR
| $6.79M | ﹤0.01% |
475,628
+5,107
| +1% | +$71K |
|
|
BRKL
1728
DELISTED
Brookline Bancorp
BRKL
| $6.77M | ﹤0.01% |
555,094
-284
| -0.1% | -$3.3K |
|
1729
Adtran
ADTN
$616M
| $6.76M | ﹤0.01% |
353,438
+3,161
| +0.9% | +$58.3K |
|
|
CIR
1730
DELISTED
CIRCOR International, Inc
CIR
| $6.76M | ﹤0.01% |
113,580
+1,416
| +1% | +$83.1K |
|
1731
Boise Cascade
BCC
$3.02B
| $6.75M | ﹤0.01% |
265,698
+12,976
| +5% | +$333K |
|
1732
MacroGenics
MGNX
$257M
| $6.73M | ﹤0.01% |
225,141
+3,155
| +1% | +$93.8K |
|
|
LABL
1733
DELISTED
Multi-Color Corp
LABL
| $6.72M | ﹤0.01% |
101,850
+9,053
| +10% | +$596K |
|
1734
Usana Health Sciences
USNA
$286M
| $6.71M | ﹤0.01% |
97,048
-7,214
| -7% | -$476K |
|
|
TBI
1735
Trueblue
TBI
$311M
| $6.71M | ﹤0.01% |
296,157
+2,247
| +0.8% | +$49.1K |
|
1736
United Fire Group
UFCS
$1.4B
| $6.69M | ﹤0.01% |
158,041
+1,526
| +1% | +$65K |
|
1737
Xencor
XNCR
$1.55B
| $6.68M | ﹤0.01% |
272,726
+36,502
| +15% | +$772K |
|
|
RSTI
1738
DELISTED
Rofin-Sinar Technologies Inc
RSTI
| $6.68M | ﹤0.01% |
207,491
+8,654
| +4% | +$277K |
|
|
ATW
1739
DELISTED
Atwood Oceanics
ATW
| $6.67M | ﹤0.01% |
768,305
-771,760
| -50% | -$7.32M |
|
|
VIVO
1740
DELISTED
Meridian Bioscience Inc
VIVO
| $6.67M | ﹤0.01% |
345,965
-38
| -0% | -$744 |
|
1741
Kosmos Energy
KOS
$1.48B
| $6.66M | ﹤0.01% |
1,038,734
+76,675
| +8% | +$447K |
|
|
CSFL
1742
DELISTED
CenterState Bank Corporation Common Stock
CSFL
| $6.66M | ﹤0.01% |
375,425
+7,395
| +2% | +$127K |
|
1743
Performance Food Group
PFGC
$18B
| $6.61M | ﹤0.01% |
266,570
+19,965
| +8% | +$521K |
|
|
EPAY
1744
DELISTED
Bottomline Technologies Inc
EPAY
| $6.61M | ﹤0.01% |
283,570
+3,953
| +1% | +$86.7K |
|
1745
TTM Technologies
TTMI
$14.5B
| $6.61M | ﹤0.01% |
577,213
+75,847
| +15% | +$750K |
|
1746
Insmed
INSM
$28.6B
| $6.59M | ﹤0.01% |
454,018
+3,519
| +0.8% | +$44.1K |
|
|
HF
1747
DELISTED
HFF Inc.
HF
| $6.58M | ﹤0.01% |
237,813
-1,053
| -0.4% | -$29.2K |
|
1748
First Commonwealth Financial
FCF
$2.17B
| $6.58M | ﹤0.01% |
652,141
+15,774
| +2% | +$155K |
|
|
P
1749
Everpure Inc
P
$29.9B
| $6.58M | ﹤0.01% |
485,477
+41,541
| +9% | +$518K |
|
|
STAY
1750
DELISTED
Extended Stay America, Inc. Paired Share Unit
STAY
| $6.58M | ﹤0.01% |
463,106
+19,003
| +4% | +$276K |
|
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.