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 | |
|---|---|---|---|---|---|---|
2376
Cytokinetics
CYTK
$10.4B
| $2.51M | ﹤0.01% |
273,668
+1,817
| +0.7% | +$19K |
|
|
HTB
2377
HomeTrust Bancshares
HTB
$848M
| $2.51M | ﹤0.01% |
135,700
+52
| +0% | +$980 |
|
2378
Caesars Entertainment
CZR
$6.14B
| $2.5M | ﹤0.01% |
177,810
-8,239
| -4% | -$118K |
|
2379
HDFC Bank
HDB
$121B
| $2.49M | ﹤0.01% |
138,716
+8,564
| +7% | +$150K |
|
2380
Natural Gas Services Group
NGS
$477M
| $2.49M | ﹤0.01% |
101,412
+8,697
| +9% | +$211K |
|
|
SNC
2381
DELISTED
State National Companies, Inc.
SNC
| $2.48M | ﹤0.01% |
223,516
+3,080
| +1% | +$32.8K |
|
|
NXEO
2382
DELISTED
Nexeo Solutions, Inc. Common Stock
NXEO
| $2.48M | ﹤0.01% |
301,514
+232,690
| +338% | +$2.05M |
|
|
FMI
2383
DELISTED
Foundation Medicine, Inc.
FMI
| $2.48M | ﹤0.01% |
106,242
+4,084
| +4% | +$92.7K |
|
|
SFS
2384
DELISTED
Smart & Final Stores, Inc.
SFS
| $2.47M | ﹤0.01% |
193,749
+2,179
| +1% | +$30.2K |
|
2385
Teekay
TK
$985M
| $2.46M | ﹤0.01% |
319,640
-38,449
| -11% | -$267K |
|
|
BRG
2386
DELISTED
Bluerock Residential Growth REIT, Inc.
BRG
| $2.46M | ﹤0.01% |
189,195
+82,577
| +77% | +$1.1M |
|
|
HSII
2387
DELISTED
Heidrick & Struggles
HSII
| $2.45M | ﹤0.01% |
131,945
+6,472
| +5% | +$120K |
|
2388
Farmers National Banc Corp
FMNB
$930M
| $2.44M | ﹤0.01% |
226,551
+114,896
| +103% | +$1.12M |
|
|
XYZ
2389
Block Inc
XYZ
$47.5B
| $2.44M | ﹤0.01% |
208,997
+15,150
| +8% | +$165K |
|
|
PCBK
2390
DELISTED
Pacific Continental Corp
PCBK
| $2.42M | ﹤0.01% |
144,169
+23,788
| +20% | +$379K |
|
2391
Natera
NTRA
$46.4B
| $2.42M | ﹤0.01% |
217,905
+98,149
| +82% | +$1.11M |
|
|
PIR
2392
DELISTED
Pier 1 Imports, Inc.
PIR
| $2.41M | ﹤0.01% |
28,457
-2,222
| -7% | -$209K |
|
2393
Ceco Environmental
CECO
$4.14B
| $2.41M | ﹤0.01% |
213,596
+6,451
| +3% | +$65.6K |
|
|
RFP
2394
DELISTED
Resolute Forest Products Inc.
RFP
| $2.4M | ﹤0.01% |
508,376
+10,422
| +2% | +$56.8K |
|
|
RVNC
2395
DELISTED
Revance Therapeutics, Inc.
RVNC
| $2.4M | ﹤0.01% |
148,113
+4,656
| +3% | +$67.6K |
|
2396
Republic Bancorp
RBCAA
$1.95B
| $2.4M | ﹤0.01% |
77,131
+716
| +0.9% | +$21.8K |
|
|
SHYF
2397
DELISTED
The Shyft Group
SHYF
| $2.39M | ﹤0.01% |
249,936
-14,414
| -5% | -$125K |
|
|
VIVS
2398
VivoSim Labs
VIVS
$1.64M
| $2.39M | ﹤0.01% |
2,632
+134
| +5% | +$131K |
|
|
NUTR
2399
DELISTED
Nutraceutical International Co
NUTR
| $2.38M | ﹤0.01% |
76,339
+10,709
| +16% | +$276K |
|
|
OMN
2400
DELISTED
OMNOVA Solutions Inc.
OMN
| $2.38M | ﹤0.01% |
281,542
-6,839
| -2% | -$63.7K |
|
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.