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 | |
|---|---|---|---|---|---|---|
|
HAYN
2176
DELISTED
Haynes International, Inc.
HAYN
| $3.36M | ﹤0.01% |
90,435
+1,713
| +2% | +$64.1K |
|
|
WUBA
2177
DELISTED
58.com Inc
WUBA
| $3.35M | ﹤0.01% |
70,644
+7,144
| +11% | +$349K |
|
|
TESO
2178
DELISTED
Tesco Corp
TESO
| $3.35M | ﹤0.01% |
410,345
+82,867
| +25% | +$586K |
|
2179
Hackett Group
HCKT
$287M
| $3.35M | ﹤0.01% |
202,659
-22,676
| -10% | -$346K |
|
2180
Independence Realty Trust
IRT
$4.07B
| $3.35M | ﹤0.01% |
371,972
+145,141
| +64% | +$1.35M |
|
2181
Mercado Libre
MELI
$92.3B
| $3.34M | ﹤0.01% |
18,041
+312
| +2% | +$51.7K |
|
|
ICON
2182
DELISTED
Iconix Brand Group, Inc.
ICON
| $3.33M | ﹤0.01% |
41,065
+8,319
| +25% | +$648K |
|
2183
Shake Shack
SHAK
$2.87B
| $3.33M | ﹤0.01% |
96,086
+49,571
| +107% | +$1.84M |
|
2184
AtriCure
ATRC
$2.11B
| $3.32M | ﹤0.01% |
210,153
+14,644
| +7% | +$225K |
|
|
KTWO
2185
DELISTED
K2M Group Holdings, Inc
KTWO
| $3.32M | ﹤0.01% |
186,872
-1,617
| -0.9% | -$27.1K |
|
|
REV
2186
DELISTED
Revlon, Inc.
REV
| $3.32M | ﹤0.01% |
90,340
+1,177
| +1% | +$41K |
|
|
ACTA
2187
DELISTED
Actua Corp
ACTA
| $3.31M | ﹤0.01% |
255,725
+1,718
| +0.7% | +$17.5K |
|
|
CZR
2188
DELISTED
Caesars Entertainment Corporation
CZR
| $3.29M | ﹤0.01% |
442,406
+95,997
| +28% | +$691K |
|
|
AVTA
2189
DELISTED
Avantax, Inc. Common Stock
AVTA
| $3.29M | ﹤0.01% |
294,154
-2,584
| -0.9% | -$28.7K |
|
2190
Planet Fitness
PLNT
$3.78B
| $3.29M | ﹤0.01% |
163,969
+74,658
| +84% | +$1.54M |
|
|
BLCM
2191
DELISTED
Bellicum Pharmaceuticals, Inc.
BLCM
| $3.28M | ﹤0.01% |
16,464
+8,345
| +103% | +$1.44M |
|
|
BHBK
2192
DELISTED
Blue Hills Bancorp, Inc.
BHBK
| $3.27M | ﹤0.01% |
217,741
+12,580
| +6% | +$183K |
|
|
SEMI
2193
DELISTED
SunEdison Semiconductor Limited
SEMI
| $3.27M | ﹤0.01% |
286,999
+104
| +0% | +$932 |
|
|
XENT
2194
DELISTED
Intersect ENT, Inc
XENT
| $3.26M | ﹤0.01% |
205,970
+63,918
| +45% | +$963K |
|
|
BETR
2195
DELISTED
Amplify Snack Brands, Inc.
BETR
| $3.26M | ﹤0.01% |
200,990
+3,097
| +2% | +$48.5K |
|
2196
Perdoceo Education
PRDO
$2.12B
| $3.25M | ﹤0.01% |
479,336
+7,345
| +2% | +$50K |
|
2197
Open Text
OTEX
$6.04B
| $3.25M | ﹤0.01% |
100,288
+870
| +0.9% | +$27.2K |
|
|
BRS
2198
DELISTED
Bristow Group, Inc.
BRS
| $3.25M | ﹤0.01% |
231,702
+3,604
| +2% | +$43.1K |
|
2199
Peoples Bancorp
PEBO
$1.47B
| $3.25M | ﹤0.01% |
131,970
+1,412
| +1% | +$32.7K |
|
|
CRC
2200
DELISTED
California Resources Corporation
CRC
| $3.24M | ﹤0.01% |
259,570
-27,384
| -10% | -$312K |
|
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.