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 | |
|---|---|---|---|---|---|---|
2276
Alarm.com
ALRM
$2.85B
| $2.87M | ﹤0.01% |
99,648
+28,079
| +39% | +$783K |
|
|
CFMS
2277
DELISTED
Conformis, Inc. Common Stock
CFMS
| $2.87M | ﹤0.01% |
11,590
+7,233
| +166% | +$1.45M |
|
|
VCRA
2278
DELISTED
VOCERA COMMUNICATIONS, INC.
VCRA
| $2.87M | ﹤0.01% |
169,841
+2,406
| +1% | +$36.8K |
|
|
STFC
2279
DELISTED
State Auto Financial Corp
STFC
| $2.87M | ﹤0.01% |
120,370
+1,621
| +1% | +$37.2K |
|
|
AIMT
2280
DELISTED
Aimmune Therapeutics
AIMT
| $2.86M | ﹤0.01% |
190,721
+78,615
| +70% | +$1.06M |
|
|
UAM
2281
DELISTED
Universal American Corp
UAM
| $2.86M | ﹤0.01% |
373,833
+3,563
| +1% | +$26.3K |
|
|
TLGT
2282
DELISTED
Teligent, Inc
TLGT
| $2.86M | ﹤0.01% |
37,581
+8,822
| +31% | +$700K |
|
|
EXAR
2283
DELISTED
Exar Corporation
EXAR
| $2.86M | ﹤0.01% |
306,777
+5,439
| +2% | +$47.4K |
|
2284
Enova International
ENVA
$6.29B
| $2.85M | ﹤0.01% |
294,804
+25,872
| +10% | +$231K |
|
2285
SiteOne Landscape Supply
SITE
$4.53B
| $2.85M | ﹤0.01% |
79,425
+34,625
| +77% | +$1.31M |
|
2286
Barrett Business Services
BBSI
$804M
| $2.85M | ﹤0.01% |
229,824
+9,912
| +5% | +$112K |
|
|
GNRT
2287
DELISTED
Gener8 Maritime, Inc.
GNRT
| $2.85M | ﹤0.01% |
556,833
+410,827
| +281% | +$2.22M |
|
2288
Alpha and Omega Semiconductor
AOSL
$1.08B
| $2.85M | ﹤0.01% |
131,004
-2,751
| -2% | -$49.4K |
|
|
FRP
2289
DELISTED
Fairpoint Communications, Inc.
FRP
| $2.84M | ﹤0.01% |
188,990
+8,827
| +5% | +$129K |
|
2290
Iovance Biotherapeutics
IOVA
$2.87B
| $2.84M | ﹤0.01% |
344,959
+21,604
| +7% | +$183K |
|
2291
CytomX Therapeutics
CTMX
$754M
| $2.83M | ﹤0.01% |
180,661
+104,547
| +137% | +$1.27M |
|
|
ZOES
2292
DELISTED
Zoe's Kitchen, Inc.
ZOES
| $2.83M | ﹤0.01% |
127,512
+2,085
| +2% | +$66.2K |
|
2293
Wipro
WIT
$20B
| $2.83M | ﹤0.01% |
1,553,707
| – | – |
|
|
DX
2294
Dynex Capital
DX
$3.21B
| $2.83M | ﹤0.01% |
127,039
+953
| +0.8% | +$20.5K |
|
|
YELL
2295
DELISTED
Yellow Corporation Common Stock
YELL
| $2.83M | ﹤0.01% |
229,462
+3,192
| +1% | +$35.6K |
|
2296
HCI Group
HCI
$2.41B
| $2.81M | ﹤0.01% |
92,600
-2,547
| -3% | -$77.7K |
|
2297
Dime Commercial Bancshares
DCOM
$1.78B
| $2.81M | ﹤0.01% |
98,309
+10,120
| +11% | +$298K |
|
2298
Haverty Furniture Companies
HVT
$454M
| $2.8M | ﹤0.01% |
139,961
+2,538
| +2% | +$49.7K |
|
|
PSTB
2299
DELISTED
Park Sterling Corp.
PSTB
| $2.8M | ﹤0.01% |
345,388
+5,721
| +2% | +$45.4K |
|
2300
Akebia Therapeutics
AKBA
$252M
| $2.79M | ﹤0.01% |
308,405
+80,036
| +35% | +$680K |
|
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.