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 | |
|---|---|---|---|---|---|---|
|
GPX
2351
DELISTED
GP Strategies Corp.
GPX
| $2.58M | ﹤0.01% |
104,838
+148
| +0.1% | +$3.44K |
|
|
MPG
2352
DELISTED
Metaldyne Performance Group Inc.
MPG
| $2.58M | ﹤0.01% |
162,878
+3,852
| +2% | +$60.1K |
|
2353
Forestar Group
FOR
$1.51B
| $2.58M | ﹤0.01% |
220,258
+8,111
| +4% | +$97.9K |
|
2354
Mesa Laboratories
MLAB
$574M
| $2.58M | ﹤0.01% |
22,545
+525
| +2% | +$59.8K |
|
|
ONIT
2355
Onity Group
ONIT
$332M
| $2.57M | ﹤0.01% |
46,640
+2,490
| +6% | +$102K |
|
|
INWK
2356
DELISTED
InnerWorkings, Inc.
INWK
| $2.56M | ﹤0.01% |
272,098
+8,763
| +3% | +$76.5K |
|
2357
Independent Bank Corp
IBCP
$844M
| $2.56M | ﹤0.01% |
152,028
-1,138
| -0.7% | -$18K |
|
2358
Barnes & Noble Education
BNED
$443M
| $2.55M | ﹤0.01% |
2,665
+55
| +2% | +$60.7K |
|
|
HZN
2359
DELISTED
Horizon Global Corporation
HZN
| $2.55M | ﹤0.01% |
127,960
+13,479
| +12% | +$208K |
|
2360
Geron
GERN
$949M
| $2.55M | ﹤0.01% |
1,128,571
+69,914
| +7% | +$181K |
|
|
OKSB
2361
DELISTED
Southwest Bancorp Inc/OK
OKSB
| $2.55M | ﹤0.01% |
134,222
-42
| -0% | -$792 |
|
|
CHCT
2362
Community Healthcare Trust
CHCT
$454M
| $2.55M | ﹤0.01% |
116,236
+31,451
| +37% | +$707K |
|
2363
The RMR Group
RMR
$332M
| $2.55M | ﹤0.01% |
67,106
+4,855
| +8% | +$177K |
|
|
OB
2364
DELISTED
Onebeacon Insurance Group Ltd
OB
| $2.54M | ﹤0.01% |
178,245
+4,034
| +2% | +$56.9K |
|
2365
VEON
VEON
$3.95B
| $2.54M | ﹤0.01% |
29,223
+689
| +2% | +$69.2K |
|
|
APIC
2366
DELISTED
Apigee Corporation Common Stock
APIC
| $2.54M | ﹤0.01% |
145,882
+73,379
| +101% | +$1.07M |
|
|
UMH
2367
UMH Properties
UMH
$1.36B
| $2.54M | ﹤0.01% |
212,869
+68,674
| +48% | +$830K |
|
2368
Columbus McKinnon
CMCO
$584M
| $2.54M | ﹤0.01% |
142,198
-5,877
| -4% | -$98.3K |
|
|
PGEM
2369
DELISTED
Ply Gem Holdings, Inc.
PGEM
| $2.54M | ﹤0.01% |
189,815
-1,904
| -1% | -$27.5K |
|
2370
Teladoc Health
TDOC
$1.3B
| $2.53M | ﹤0.01% |
138,404
+62,337
| +82% | +$1.09M |
|
2371
Carriage Services
CSV
$569M
| $2.53M | ﹤0.01% |
107,117
| – | – |
|
|
REGI
2372
DELISTED
Renewable Energy Group, Inc.
REGI
| $2.53M | ﹤0.01% |
299,145
-7,109
| -2% | -$62.8K |
|
|
NBIS
2373
Nebius Group N.V.
NBIS
$47.7B
| $2.53M | ﹤0.01% |
120,315
+3,723
| +3% | +$81K |
|
2374
Sunrun
RUN
$2.46B
| $2.53M | ﹤0.01% |
401,284
+184,132
| +85% | +$1.03M |
|
2375
Peapack-Gladstone Financial
PGC
$812M
| $2.52M | ﹤0.01% |
112,306
+4,256
| +4% | +$86.5K |
|
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.