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 | |
|---|---|---|---|---|---|---|
|
NSM
2126
DELISTED
Nationstar Mortgage Holdings
NSM
| $3.6M | ﹤0.01% |
242,793
-1,176
| -0.5% | -$16.7K |
|
|
AD
2127
Array Digital Infrastructure
AD
$3.05B
| $3.58M | ﹤0.01% |
98,660
+819
| +0.8% | +$31.5K |
|
2128
AngioDynamics
ANGO
$649M
| $3.58M | ﹤0.01% |
204,383
+1,508
| +0.7% | +$24.5K |
|
2129
NN Inc
NNBR
$311M
| $3.58M | ﹤0.01% |
196,201
+14,051
| +8% | +$237K |
|
|
CHUY
2130
DELISTED
Chuy's Holdings, Inc. Common Stock
CHUY
| $3.58M | ﹤0.01% |
128,160
+11,574
| +10% | +$372K |
|
2131
Marcus & Millichap
MMI
$1.19B
| $3.57M | ﹤0.01% |
136,705
+3,676
| +3% | +$97.3K |
|
|
TMHC
2132
DELISTED
Taylor Morrison
TMHC
| $3.57M | ﹤0.01% |
202,878
+5,043
| +3% | +$85.1K |
|
|
CAMP
2133
DELISTED
CalAmp Corp.
CAMP
| $3.56M | ﹤0.01% |
11,096
-600
| -5% | -$206K |
|
|
NMBL
2134
DELISTED
Nimble Storage, Inc.
NMBL
| $3.55M | ﹤0.01% |
402,073
+6,419
| +2% | +$50.8K |
|
2135
HSBC
HSBC
$356B
| $3.55M | ﹤0.01% |
104,478
+2,983
| +3% | +$93.6K |
|
2136
Virtu Financial
VIRT
$4.93B
| $3.54M | ﹤0.01% |
236,493
+62,711
| +36% | +$1.06M |
|
2137
Extreme Networks
EXTR
$3.15B
| $3.53M | ﹤0.01% |
787,033
+39,557
| +5% | +$156K |
|
|
VTAE
2138
DELISTED
VITAE PHARMACEUTICALS INC COMMON STOCK
VTAE
| $3.53M | ﹤0.01% |
168,808
+15,048
| +10% | +$173K |
|
|
LION
2139
DELISTED
Fidelity Southern Corporation
LION
| $3.52M | ﹤0.01% |
191,599
+23,692
| +14% | +$412K |
|
2140
Arrowhead Research
ARWR
$12.4B
| $3.52M | ﹤0.01% |
478,392
+61,608
| +15% | +$399K |
|
|
TOWR
2141
DELISTED
Tower International, Inc.
TOWR
| $3.51M | ﹤0.01% |
145,743
+1,386
| +1% | +$31.8K |
|
2142
John B. Sanfilippo & Son
JBSS
$972M
| $3.51M | ﹤0.01% |
68,406
-3,509
| -5% | -$169K |
|
|
NWLI
2143
DELISTED
National Western Life Group, Inc. Class A
NWLI
| $3.51M | ﹤0.01% |
17,097
+221
| +1% | +$43.5K |
|
2144
Strategic Education
STRA
$1.92B
| $3.51M | ﹤0.01% |
75,124
-998
| -1% | -$48K |
|
2145
MarineMax
HZO
$788M
| $3.5M | ﹤0.01% |
167,317
-4,017
| -2% | -$78.9K |
|
|
SN
2146
DELISTED
Sanchez Energy Corporation
SN
| $3.5M | ﹤0.01% |
396,321
-6,671
| -2% | -$51.3K |
|
2147
SunCoke Energy
SXC
$797M
| $3.49M | ﹤0.01% |
434,700
+22,816
| +6% | +$160K |
|
|
COBZ
2148
DELISTED
CoBiz Financial,Inc
COBZ
| $3.48M | ﹤0.01% |
261,808
+3,362
| +1% | +$42.7K |
|
2149
Moelis & Co
MC
$4.94B
| $3.48M | ﹤0.01% |
129,307
-3,078
| -2% | -$79.1K |
|
|
CWEI
2150
DELISTED
Clayton Williams Energy, Inc.
CWEI
| $3.47M | ﹤0.01% |
40,661
+3,494
| +9% | +$191K |
|
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.