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 | |
|---|---|---|---|---|---|---|
|
CKEC
1851
DELISTED
Carmike Cinemas Inc
CKEC
| $5.67M | ﹤0.01% |
173,541
-4,537
| -3% | -$143K |
|
1852
Herc Holdings
HRI
$5.61B
| $5.67M | ﹤0.01% |
168,132
-694,006
| -80% | -$23.3M |
|
1853
First Busey Corp
BUSE
$2.56B
| $5.66M | ﹤0.01% |
250,579
+8,798
| +4% | +$202K |
|
|
CNR
1854
DELISTED
Cornerstone Building Brands, Inc.
CNR
| $5.66M | ﹤0.01% |
388,107
+117,950
| +44% | +$1.9M |
|
|
TPC
1855
Tutor Perini Cor
TPC
$5.21B
| $5.65M | ﹤0.01% |
263,278
+3,600
| +1% | +$83.9K |
|
1856
Lindsay Corp
LNN
$1.18B
| $5.64M | ﹤0.01% |
76,200
+1,442
| +2% | +$102K |
|
|
CBF
1857
DELISTED
Capital Bank Financial Corp. Class A Common Stock
CBF
| $5.64M | ﹤0.01% |
175,534
+1,848
| +1% | +$56K |
|
|
ARR
1858
Armour Residential REIT
ARR
$2.36B
| $5.63M | ﹤0.01% |
49,977
+715
| +1% | +$77.9K |
|
|
ELNK
1859
DELISTED
EarthLink Holdings Corp.
ELNK
| $5.61M | ﹤0.01% |
905,686
-4,668
| -0.5% | -$30.2K |
|
|
BRSL
1860
Brightstar Lottery PLC
BRSL
$2.03B
| $5.61M | ﹤0.01% |
229,976
-8,308
| -3% | -$183K |
|
|
RPTP
1861
DELISTED
RAPTOR PHARMACEUTICAL CORP COM STK (DE)
RPTP
| $5.6M | ﹤0.01% |
624,829
+30,937
| +5% | +$220K |
|
1862
Lattice Semiconductor
LSCC
$18.5B
| $5.6M | ﹤0.01% |
862,438
+12,625
| +1% | +$76.7K |
|
|
DCOM
1863
DELISTED
Dime Community Bancshares
DCOM
| $5.6M | ﹤0.01% |
333,925
+9,892
| +3% | +$172K |
|
1864
FormFactor
FORM
$9.17B
| $5.59M | ﹤0.01% |
514,866
+2,708
| +0.5% | +$27.3K |
|
|
WAIR
1865
DELISTED
WESCO Aircraft Holdings Inc.
WAIR
| $5.56M | ﹤0.01% |
414,313
+31,018
| +8% | +$420K |
|
1866
Movado Group
MOV
$841M
| $5.55M | ﹤0.01% |
258,579
+5,918
| +2% | +$133K |
|
|
AVX
1867
DELISTED
AVX Corporation
AVX
| $5.55M | ﹤0.01% |
402,454
+15,088
| +4% | +$206K |
|
1868
American Coastal Insurance
ACIC
$493M
| $5.55M | ﹤0.01% |
326,682
+72,205
| +28% | +$1.15M |
|
|
ESND
1869
DELISTED
Essendant Inc.
ESND
| $5.53M | ﹤0.01% |
269,321
+6,264
| +2% | +$138K |
|
1870
Insteel Industries
IIIN
$625M
| $5.52M | ﹤0.01% |
152,297
+646
| +0.4% | +$21.8K |
|
1871
Middlesex Water
MSEX
$1.1B
| $5.5M | ﹤0.01% |
156,230
+33,756
| +28% | +$1.27M |
|
1872
Saia
SAIA
$9.72B
| $5.5M | ﹤0.01% |
183,754
+3,594
| +2% | +$103K |
|
|
PGND
1873
DELISTED
PRESS GANEY HOLDINGS INC COM STK (DE)
PGND
| $5.49M | ﹤0.01% |
135,980
+28,719
| +27% | +$1.16M |
|
1874
Helix Energy Solutions
HLX
$1.41B
| $5.49M | ﹤0.01% |
675,158
+8,494
| +1% | +$64.3K |
|
|
ANH
1875
DELISTED
Anworth Mortgage Asset Corporation
ANH
| $5.48M | ﹤0.01% |
1,114,289
+19,009
| +2% | +$93.1K |
|
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.