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 | |
|---|---|---|---|---|---|---|
1751
Oxford Industries
OXM
$552M
| $6.57M | ﹤0.01% |
97,108
+1,435
| +1% | +$89.9K |
|
|
HIBB
1752
DELISTED
Hibbett, Inc. Common Stock
HIBB
| $6.57M | ﹤0.01% |
164,687
+2,188
| +1% | +$82.3K |
|
1753
National CineMedia
NCMI
$378M
| $6.57M | ﹤0.01% |
44,605
+1,134
| +3% | +$173K |
|
1754
Melco Resorts & Entertainment
MLCO
$2.14B
| $6.56M | ﹤0.01% |
410,966
+21,714
| +6% | +$306K |
|
|
INOV
1755
DELISTED
Inovalon Holdings, Inc. Class A Common Stock
INOV
| $6.55M | ﹤0.01% |
445,566
+10,932
| +3% | +$182K |
|
|
IPHS
1756
DELISTED
Innophos Holdings, Inc.
IPHS
| $6.55M | ﹤0.01% |
167,919
+12,885
| +8% | +$530K |
|
|
BBT
1757
Beacon Financial Corp
BBT
$2.66B
| $6.54M | ﹤0.01% |
235,921
-1,051
| -0.4% | -$28.7K |
|
|
EBSB
1758
DELISTED
Meridian Bancorp, Inc.
EBSB
| $6.53M | ﹤0.01% |
419,647
+4,680
| +1% | +$71.7K |
|
1759
Cato Corp
CATO
$66.1M
| $6.53M | ﹤0.01% |
198,431
+14,272
| +8% | +$494K |
|
|
ISCA
1760
DELISTED
International Speedway Corp
ISCA
| $6.51M | ﹤0.01% |
194,956
+2,681
| +1% | +$90.8K |
|
|
CFNL
1761
DELISTED
Cardinal Financial Corp
CFNL
| $6.51M | ﹤0.01% |
249,403
+1,417
| +0.6% | +$35.6K |
|
|
STBZ
1762
DELISTED
State Bank Financial Corporation. Common Stock
STBZ
| $6.5M | ﹤0.01% |
284,664
+1,631
| +0.6% | +$36.3K |
|
1763
Stock Yards Bancorp
SYBT
$2.6B
| $6.48M | ﹤0.01% |
196,646
+699
| +0.4% | +$21.3K |
|
|
WEB
1764
DELISTED
Web.com Group, Inc.
WEB
| $6.47M | ﹤0.01% |
374,856
+4,629
| +1% | +$82.9K |
|
|
NCI
1765
DELISTED
Navigant Consulting, Inc.
NCI
| $6.47M | ﹤0.01% |
319,945
+3,845
| +1% | +$73K |
|
|
RTEC
1766
DELISTED
Rudolph Technologies Inc
RTEC
| $6.47M | ﹤0.01% |
364,644
+112,231
| +44% | +$1.9M |
|
|
VASC
1767
DELISTED
Vascular Solutions Inc
VASC
| $6.47M | ﹤0.01% |
134,098
+2,216
| +2% | +$103K |
|
|
MAGN
1768
Magnera Corp
MAGN
$460M
| $6.46M | ﹤0.01% |
22,916
+333
| +1% | +$92.6K |
|
|
XXIA
1769
DELISTED
Ixia
XXIA
| $6.45M | ﹤0.01% |
516,177
+21,211
| +4% | +$243K |
|
1770
New Oriental
EDU
$8.98B
| $6.45M | ﹤0.01% |
139,811
+3,786
| +3% | +$164K |
|
1771
Delek US
DK
$3.58B
| $6.45M | ﹤0.01% |
372,968
+5,099
| +1% | +$78.2K |
|
|
AEPI
1772
DELISTED
AEP Industries Inc
AEPI
| $6.44M | ﹤0.01% |
58,874
-6,837
| -10% | -$641K |
|
|
UNT
1773
DELISTED
UNIT Corporation
UNT
| $6.43M | ﹤0.01% |
345,993
+6,498
| +2% | +$100K |
|
|
CPLA
1774
DELISTED
Capella Education Company
CPLA
| $6.43M | ﹤0.01% |
110,880
+1,766
| +2% | +$103K |
|
|
ARRY
1775
DELISTED
Array Biopharma Inc
ARRY
| $6.43M | ﹤0.01% |
953,180
+42,311
| +5% | +$164K |
|
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.