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 | |
|---|---|---|---|---|---|---|
2226
Entravision Communication
EVC
$1.1B
| $3.12M | ﹤0.01% |
408,861
+22,229
| +6% | +$165K |
|
2227
Clean Energy Fuels
CLNE
$346M
| $3.12M | ﹤0.01% |
697,415
+77,749
| +13% | +$297K |
|
|
COTV
2228
DELISTED
Cotiviti Holdings, Inc.
COTV
| $3.1M | ﹤0.01% |
92,619
+77,482
| +512% | +$2.18M |
|
2229
Surgery Partners
SGRY
$2.03B
| $3.1M | ﹤0.01% |
153,371
+7,474
| +5% | +$137K |
|
|
GNCMA
2230
DELISTED
GCI Liberty, Inc. Class A-1 Common Stock
GNCMA
| $3.1M | ﹤0.01% |
225,616
+2,150
| +1% | +$30.6K |
|
|
GBT
2231
DELISTED
Global Blood Therapeutics, Inc.
GBT
| $3.1M | ﹤0.01% |
134,467
+71,752
| +114% | +$1.37M |
|
2232
National Presto Industries
NPK
$989M
| $3.09M | ﹤0.01% |
35,227
+408
| +1% | +$37K |
|
|
BCOV
2233
DELISTED
Brightcove, Inc.
BCOV
| $3.09M | ﹤0.01% |
237,030
+8,553
| +4% | +$97.7K |
|
2234
Artivion
AORT
$1.32B
| $3.09M | ﹤0.01% |
175,894
+5,897
| +3% | +$89.2K |
|
|
VIA
2235
DELISTED
Via Renewables, Inc. Class A Common Stock
VIA
| $3.09M | ﹤0.01% |
42,434
+16,238
| +62% | +$1.13M |
|
2236
Celldex Therapeutics
CLDX
$3.28B
| $3.08M | ﹤0.01% |
50,838
+5,893
| +13% | +$367K |
|
|
FLXN
2237
DELISTED
Flexion Therapeutics, Inc.
FLXN
| $3.08M | ﹤0.01% |
157,642
+12,246
| +8% | +$207K |
|
|
CHUBK
2238
DELISTED
CommerceHub, Inc. Series C Common Stock
CHUBK
| $3.07M | ﹤0.01% |
+193,052
| New | +$2.73M |
|
2239
Magnite
MGNI
$3.55B
| $3.07M | ﹤0.01% |
370,631
+164,324
| +80% | +$1.75M |
|
2240
ASML
ASML
$669B
| $3.05M | ﹤0.01% |
27,846
+2,495
| +10% | +$264K |
|
|
OLP
2241
One Liberty Properties
OLP
$527M
| $3.04M | ﹤0.01% |
126,055
+30,249
| +32% | +$743K |
|
2242
A10 Networks
ATEN
$1.95B
| $3.04M | ﹤0.01% |
284,705
+22,705
| +9% | +$199K |
|
2243
Angi Inc
ANGI
$196M
| $3.04M | ﹤0.01% |
30,691
-1,568
| -5% | -$137K |
|
|
MITT
2244
TPG Mortgage Investment Trust
MITT
$225M
| $3.04M | ﹤0.01% |
64,343
+2,596
| +4% | +$120K |
|
|
PRTY
2245
DELISTED
Party City Holdco Inc.
PRTY
| $3.03M | ﹤0.01% |
177,229
+22,073
| +14% | +$367K |
|
2246
Hawkins
HWKN
$2.71B
| $3.03M | ﹤0.01% |
139,778
+1,828
| +1% | +$39.6K |
|
2247
Titan International
TWI
$475M
| $3.02M | ﹤0.01% |
298,977
-357
| -0.1% | -$2.94K |
|
|
AFI
2248
DELISTED
Armstrong Flooring, Inc.
AFI
| $3.02M | ﹤0.01% |
159,926
+7,321
| +5% | +$140K |
|
2249
LivePerson
LPSN
$32.3M
| $3.01M | ﹤0.01% |
23,886
-350
| -1% | -$39.9K |
|
2250
Glaukos
GKOS
$10.6B
| $3M | ﹤0.01% |
79,493
+22,626
| +40% | +$749K |
|
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.