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 | |
|---|---|---|---|---|---|---|
|
TRUE
2076
DELISTED
TrueCar
TRUE
| $3.9M | ﹤0.01% |
413,460
+7,048
| +2% | +$66.1K |
|
2077
Phibro Animal Health
PAHC
$1.39B
| $3.9M | ﹤0.01% |
143,466
+3,269
| +2% | +$73.9K |
|
2078
OraSure Technologies
OSUR
$279M
| $3.9M | ﹤0.01% |
488,887
+54,884
| +13% | +$407K |
|
2079
Quanex
NX
$1.01B
| $3.9M | ﹤0.01% |
225,667
+2,965
| +1% | +$57.3K |
|
|
TTSH
2080
DELISTED
Tile Shop Holdings
TTSH
| $3.9M | ﹤0.01% |
235,377
-10,896
| -4% | -$187K |
|
2081
Center Bancorp
CNOB
$1.78B
| $3.89M | ﹤0.01% |
215,570
+69
| +0% | +$1.2K |
|
2082
ePlus
PLUS
$2.34B
| $3.86M | ﹤0.01% |
163,492
+2,376
| +1% | +$51.7K |
|
2083
Brown-Forman Class A
BF.A
$13.3B
| $3.85M | ﹤0.01% |
96,740
+6,282
| +7% | +$260K |
|
2084
Encore Capital Group
ECPG
$2.13B
| $3.85M | ﹤0.01% |
171,091
+2,440
| +1% | +$55K |
|
|
SHLD
2085
DELISTED
Sears Holding Corporation
SHLD
| $3.85M | ﹤0.01% |
335,575
+1,165
| +0.3% | +$16.4K |
|
|
SCLN
2086
DELISTED
Sciclone Pharmaceuticals Inc
SCLN
| $3.84M | ﹤0.01% |
374,854
+28,756
| +8% | +$313K |
|
|
EXTN
2087
DELISTED
Exterran Corporation
EXTN
| $3.84M | ﹤0.01% |
245,006
+581
| +0.2% | +$8.05K |
|
|
KERX
2088
DELISTED
Keryx Biopharmaceuticals Inc
KERX
| $3.84M | ﹤0.01% |
723,016
+3,771
| +0.5% | +$20.3K |
|
2089
Stoneridge
SRI
$213M
| $3.84M | ﹤0.01% |
208,602
+7,855
| +4% | +$135K |
|
|
LORL
2090
DELISTED
Loral Space and Communications, Inc.
LORL
| $3.83M | ﹤0.01% |
97,915
+2,878
| +3% | +$104K |
|
2091
Tredegar Corp
TG
$310M
| $3.81M | ﹤0.01% |
204,961
+41,799
| +26% | +$754K |
|
2092
DHI Group
DHX
$173M
| $3.8M | ﹤0.01% |
481,977
+152,986
| +47% | +$1.12M |
|
|
SPWR
2093
DELISTED
SunPower Corporation Common Stock
SPWR
| $3.8M | ﹤0.01% |
650,656
+19,958
| +3% | +$155K |
|
|
CCF
2094
DELISTED
Chase Corporation
CCF
| $3.8M | ﹤0.01% |
54,953
+2,642
| +5% | +$165K |
|
|
AGEN
2095
Agenus
AGEN
$290M
| $3.8M | ﹤0.01% |
26,950
+896
| +3% | +$103K |
|
|
BEAT
2096
DELISTED
BioTelemetry, Inc.
BEAT
| $3.8M | ﹤0.01% |
204,444
+12,883
| +7% | +$243K |
|
|
GNMK
2097
DELISTED
GenMark Diagnostics, Inc
GNMK
| $3.79M | ﹤0.01% |
321,021
+9,945
| +3% | +$96K |
|
2098
Marten Transport
MRTN
$1.22B
| $3.79M | ﹤0.01% |
450,648
+3,800
| +0.9% | +$32.6K |
|
|
AVXS
2099
DELISTED
AveXis, Inc. Common Stock
AVXS
| $3.79M | ﹤0.01% |
91,867
+48,268
| +111% | +$1.83M |
|
2100
AeroVironment
AVAV
$9.45B
| $3.77M | ﹤0.01% |
154,528
+7,264
| +5% | +$195K |
|
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.