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 |
Alphabet (Google) Class A
GOOGL
|
+$1.81B |
| 2 |
Hewlett Packard
HPE
|
+$201M |
| 3 |
Synchrony
SYF
|
+$198M |
| 4 |
Comcast
CMCSA
|
+$169M |
| 5 |
Illumina
ILMN
|
+$56.4M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Alphabet (Google) Class C
GOOG
|
+$1.69B |
| 2 |
HP
HPQ
|
+$238M |
| 3 |
CMCSK
COMCAST CORP SPL A (NEW)
CMCSK
|
+$172M |
| 4 |
GE Aerospace
GE
|
+$157M |
| 5 |
SIAL
SIGMA - ALDRICH CORP
SIAL
|
+$143M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 15.29% |
| 2 | Healthcare | 15.07% |
| 3 | Technology | 14.2% |
| 4 | Industrials | 10.21% |
| 5 | Consumer Discretionary | 9.53% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
201
Waste Management
WM
$95.3B
| $180M | 0.1% |
3,378,921
-27,885
| -0.8% | -$1.48M |
|
202
Sempra
SRE
$58.2B
| $178M | 0.1% |
3,794,350
+19,672
| +0.5% | +$972K |
|
203
Zoetis
ZTS
$32.5B
| $177M | 0.1% |
3,699,292
-15,569
| -0.4% | -$704K |
|
204
Cencora
COR
$61.9B
| $177M | 0.1% |
1,705,596
-43,683
| -2% | -$4.29M |
|
205
Public Service Enterprise Group
PEG
$38.7B
| $176M | 0.1% |
4,562,503
+63,705
| +1% | +$2.55M |
|
206
Sysco
SYY
$40.9B
| $175M | 0.1% |
4,278,848
-187,423
| -4% | -$7.68M |
|
207
Dollar General
DG
$28.3B
| $173M | 0.1% |
2,414,535
+20,921
| +0.9% | +$1.42M |
|
208
United Airlines
UAL
$39.5B
| $172M | 0.1% |
3,015,259
-127,743
| -4% | -$7.38M |
|
209
Corning
GLW
$109B
| $172M | 0.1% |
9,447,808
-511,493
| -5% | -$9.27M |
|
210
Healthpeak Properties
DOC
$15.5B
| $172M | 0.1% |
4,944,285
+71,845
| +1% | +$2.4M |
|
211
Perrigo
PRGO
$1.45B
| $171M | 0.1% |
1,184,352
+6,454
| +0.5% | +$993K |
|
212
Vornado Realty Trust
VNO
$7.71B
| $171M | 0.1% |
2,114,572
+31,532
| +2% | +$2.49M |
|
213
Progressive
PGR
$128B
| $169M | 0.1% |
5,327,817
-2,989
| -0.1% | -$95K |
|
|
214
HP
HPQ
$26.1B
| $169M | 0.1% |
14,303,957
-18,630,124
| -57% | -$238M |
|
|
BXLT
215
DELISTED
BAXALTA INC COM STK (DE)
BXLT
| $167M | 0.1% |
4,279,783
+49,700
| +1% | +$1.73M |
|
216
VF Corp
VFC
$5.91B
| $167M | 0.1% |
2,849,548
+66,521
| +2% | +$4.15M |
|
|
ATVI
217
DELISTED
Activision Blizzard
ATVI
| $166M | 0.09% |
4,305,810
-209,356
| -5% | -$7.54M |
|
218
Intuitive Surgical
ISRG
$127B
| $166M | 0.09% |
2,743,776
+50,391
| +2% | +$2.83M |
|
219
HCA Healthcare
HCA
$90.5B
| $165M | 0.09% |
2,443,003
-29,256
| -1% | -$2.04M |
|
220
Sherwin-Williams
SHW
$84.7B
| $164M | 0.09% |
1,903,122
+22,092
| +1% | +$1.91M |
|
221
Paychex
PAYX
$43.5B
| $164M | 0.09% |
3,106,809
+84,102
| +3% | +$4.4M |
|
222
Baxter International
BAX
$12.8B
| $163M | 0.09% |
4,293,072
-117,872
| -3% | -$4.31M |
|
223
T. Rowe Price
TROW
$25.7B
| $163M | 0.09% |
2,283,841
+26,345
| +1% | +$1.93M |
|
224
Consolidated Edison
ED
$41.2B
| $160M | 0.09% |
2,488,507
+23,109
| +0.9% | +$1.49M |
|
|
STJ
225
DELISTED
St Jude Medical
STJ
| $160M | 0.09% |
2,588,217
+104,231
| +4% | +$6.57M |
|
Similar funds
Geode Capital Management's Q4 2015 Portfolio in Review
As of Q4 2015, Geode Capital Management held 4,254 positions worth $175B, up 6.4% from $165B the previous quarter. Its ten largest holdings account for 15% of the portfolio.
Geode Capital Management's Q4 2015 filing shows 121 new, 2,694 increased, 871 reduced and 116 closed positions. Its largest new stake was Alphabet (Google) Class A: 48,905,040 shares worth $1.9B. The largest sale was Alphabet (Google) Class C, an estimated $1.69B.
By sector, the portfolio is most concentrated in Financials at 15% of assets, down from 15% a quarter earlier, followed by Healthcare and Technology.
- Geode Capital Management's largest Q4 2015 buy was Alphabet (Google) Class A: 48,905,040 shares worth $1.9B.
- Geode Capital Management added most to Synchrony in Q4 2015, an estimated $198M increase.
- Geode Capital Management's biggest Q4 2015 reduction was Alphabet (Google) Class C, cutting an estimated $1.69B.
- Geode Capital Management fully exited COMCAST CORP SPL A (NEW) in Q4 2015, selling an estimated $172M.
- Geode Capital Management's ten largest holdings make up 15% of its $175B portfolio in Q4 2015.
- Geode Capital Management opened 121 new positions and closed 116 in Q4 2015.
- Geode Capital Management's portfolio value rose 6.4% quarter-over-quarter to $175B.
Based on Geode Capital Management's 13F filing for Q4 2015, filed 12 Feb 2016.