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 | |
|---|---|---|---|---|---|---|
|
CLDT
1926
Chatham Lodging
CLDT
$586M
| $5.04M | ﹤0.01% |
261,982
+2,983
| +1% | +$64.2K |
|
|
BPMC
1927
DELISTED
Blueprint Medicines
BPMC
| $5.04M | ﹤0.01% |
169,729
+73,348
| +76% | +$1.82M |
|
1928
Stride
LRN
$3.43B
| $5.04M | ﹤0.01% |
351,299
+13,428
| +4% | +$171K |
|
|
BGC
1929
DELISTED
General Cable Corporation
BGC
| $5.04M | ﹤0.01% |
336,327
+4,711
| +1% | +$69.2K |
|
1930
Community Trust Bancorp
CTBI
$1.41B
| $5.03M | ﹤0.01% |
135,410
+8,408
| +7% | +$302K |
|
|
TLRD
1931
DELISTED
Tailored Brands, Inc.
TLRD
| $5.02M | ﹤0.01% |
319,675
+4,397
| +1% | +$64K |
|
|
DHIL
1932
DELISTED
Diamond Hill
DHIL
| $5.01M | ﹤0.01% |
27,141
+809
| +3% | +$153K |
|
1933
Red Rock Resorts
RRR
$3.62B
| $5M | ﹤0.01% |
212,173
+7,927
| +4% | +$178K |
|
1934
Hyster-Yale Materials Handling
HY
$665M
| $5M | ﹤0.01% |
83,074
-6,185
| -7% | -$350K |
|
|
TRST
1935
Trustco Bank Corp NY
TRST
$938M
| $4.99M | ﹤0.01% |
140,744
+982
| +0.7% | +$33.7K |
|
1936
LendingTree
TREE
$451M
| $4.98M | ﹤0.01% |
51,354
+601
| +1% | +$59.8K |
|
1937
HealthStream
HSTM
$840M
| $4.97M | ﹤0.01% |
180,045
+1,893
| +1% | +$48.9K |
|
|
AEGN
1938
DELISTED
Aegion Corp
AEGN
| $4.92M | ﹤0.01% |
258,324
+5,199
| +2% | +$99.5K |
|
|
ORBC
1939
DELISTED
ORBCOMM, Inc.
ORBC
| $4.92M | ﹤0.01% |
480,484
+21,756
| +5% | +$222K |
|
1940
SiriusPoint
SPNT
$2.68B
| $4.92M | ﹤0.01% |
409,985
+5,580
| +1% | +$69.4K |
|
1941
Washington Trust Bancorp
WASH
$741M
| $4.92M | ﹤0.01% |
122,310
+1,487
| +1% | +$59.7K |
|
|
GTY
1942
Getty Realty Corp
GTY
$2.07B
| $4.91M | ﹤0.01% |
205,080
-6,163
| -3% | -$143K |
|
1943
REX American Resources
REX
$1.41B
| $4.9M | ﹤0.01% |
346,662
-37,452
| -10% | -$456K |
|
1944
State Street SPDR S&P Dividend ETF
SDY
$22.1B
| – | – |
0
| – | – |
|
|
PPBI
1945
DELISTED
Pacific Premier Bancorp
PPBI
| $4.89M | ﹤0.01% |
184,829
+18,928
| +11% | +$490K |
|
1946
World Acceptance Corp
WRLD
$873M
| $4.88M | ﹤0.01% |
99,531
+11,343
| +13% | +$544K |
|
|
BATS
1947
DELISTED
Bats Global Markets, Inc.
BATS
| $4.88M | ﹤0.01% |
161,883
+69,479
| +75% | +$1.79M |
|
|
VRTU
1948
DELISTED
Virtusa Corporation
VRTU
| $4.86M | ﹤0.01% |
196,867
+2,442
| +1% | +$62.6K |
|
1949
AMC Entertainment Holdings
AMC
$2.31B
| $4.85M | ﹤0.01% |
15,605
+1,340
| +9% | +$402K |
|
1950
Q2 Holdings
QTWO
$3.92B
| $4.84M | ﹤0.01% |
168,946
+10,252
| +6% | +$288K |
|
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.