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 | |
|---|---|---|---|---|---|---|
2151
PDF Solutions
PDFS
$2.07B
| $3.47M | ﹤0.01% |
191,054
+3,390
| +2% | +$55.2K |
|
|
SSNI
2152
DELISTED
Silver Spring Networks, Inc.
SSNI
| $3.47M | ﹤0.01% |
244,732
+4,180
| +2% | +$55.2K |
|
|
FLIC
2153
DELISTED
First of Long Island Corp
FLIC
| $3.46M | ﹤0.01% |
156,786
-1,887
| -1% | -$39.3K |
|
2154
Pathward Financial
CASH
$1.8B
| $3.46M | ﹤0.01% |
171,036
+20,640
| +14% | +$394K |
|
|
LL
2155
DELISTED
LL Flooring Holdings, Inc.
LL
| $3.43M | ﹤0.01% |
174,405
+3,698
| +2% | +$60.7K |
|
2156
Golar LNG
GLNG
$5.13B
| $3.43M | ﹤0.01% |
161,767
+18,200
| +13% | +$348K |
|
|
WCIC
2157
DELISTED
WCI Communities, Inc.
WCIC
| $3.42M | ﹤0.01% |
144,369
+11,472
| +9% | +$211K |
|
|
RUTH
2158
DELISTED
Ruth's Hospitality Group, Inc.
RUTH
| $3.42M | ﹤0.01% |
242,157
-1,846
| -0.8% | -$28.2K |
|
|
PFC
2159
DELISTED
Premier Financial Corp. Common Stock
PFC
| $3.42M | ﹤0.01% |
153,138
+8,722
| +6% | +$188K |
|
|
WSR
2160
DELISTED
Whitestone REIT
WSR
| $3.42M | ﹤0.01% |
246,250
+89,858
| +57% | +$1.34M |
|
2161
Seacoast Banking Corp of Florida
SBCF
$3.35B
| $3.41M | ﹤0.01% |
212,130
+14,780
| +7% | +$242K |
|
|
AHRT
2162
AH Realty Trust
AHRT
$517M
| $3.41M | ﹤0.01% |
254,584
+62,635
| +33% | +$876K |
|
2163
Preferred Bank
PFBC
$1.25B
| $3.4M | ﹤0.01% |
95,250
+3,577
| +4% | +$120K |
|
2164
Copa Holdings
CPA
$5.8B
| $3.4M | ﹤0.01% |
38,611
+8,602
| +29% | +$653K |
|
2165
Harmonic Inc
HLIT
$1.28B
| $3.39M | ﹤0.01% |
572,381
-35,288
| -6% | -$141K |
|
2166
York Water
YORW
$514M
| $3.39M | ﹤0.01% |
114,210
+624
| +0.5% | +$18.6K |
|
2167
Marcus Corp
MCS
$945M
| $3.39M | ﹤0.01% |
135,231
+1,625
| +1% | +$37.2K |
|
|
TPCO
2168
DELISTED
Tribune Publishing Company Common Stock
TPCO
| $3.38M | ﹤0.01% |
200,570
+4,985
| +3% | +$78.3K |
|
|
FLTX
2169
DELISTED
Fleetmatics Group PLC
FLTX
| $3.38M | ﹤0.01% |
56,417
+11,381
| +25% | +$622K |
|
2170
Camden National
CAC
$976M
| $3.38M | ﹤0.01% |
159,384
+75,265
| +89% | +$2.28M |
|
|
SP
2171
DELISTED
SP Plus Corporation
SP
| $3.38M | ﹤0.01% |
132,155
+4,272
| +3% | +$106K |
|
|
TBRA
2172
DELISTED
Tobira Therapeutics, Inc. Common Stock
TBRA
| $3.37M | ﹤0.01% |
84,856
+52,223
| +160% | +$583K |
|
|
NXRT
2173
NexPoint Residential Trust
NXRT
$652M
| $3.36M | ﹤0.01% |
171,101
+5,685
| +3% | +$113K |
|
|
COOP
2174
DELISTED
Mr. Cooper
COOP
| $3.36M | ﹤0.01% |
119,549
+50,430
| +73% | +$1.42M |
|
2175
Enanta Pharmaceuticals
ENTA
$400M
| $3.36M | ﹤0.01% |
126,148
+9,335
| +8% | +$217K |
|
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.