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 | |
|---|---|---|---|---|---|---|
2401
Park Aerospace
PKE
$819M
| $2.38M | ﹤0.01% |
136,732
+1,938
| +1% | +$31.6K |
|
|
SGMO
2402
DELISTED
SANGAMO THERAPEUTICS INC
SGMO
| $2.37M | ﹤0.01% |
512,638
+12,287
| +2% | +$62.5K |
|
|
CORR
2403
DELISTED
CorEnergy Infrastructure Trust, Inc.
CORR
| $2.37M | ﹤0.01% |
80,904
+1,247
| +2% | +$36.7K |
|
|
HSKA
2404
DELISTED
Heska Corp
HSKA
| $2.36M | ﹤0.01% |
43,436
+128
| +0.3% | +$6.31K |
|
2405
Applied Optoelectronics
AAOI
$11.5B
| $2.36M | ﹤0.01% |
106,207
+3,136
| +3% | +$48.6K |
|
|
LJPC
2406
DELISTED
La Jolla Pharmaceutical Company
LJPC
| $2.36M | ﹤0.01% |
99,111
+2,912
| +3% | +$54.9K |
|
|
AFAM
2407
DELISTED
Almost Family Inc
AFAM
| $2.35M | ﹤0.01% |
63,918
+4,933
| +8% | +$192K |
|
2408
QCR Holdings
QCRH
$1.7B
| $2.35M | ﹤0.01% |
73,992
+1,919
| +3% | +$57.3K |
|
|
BKMU
2409
DELISTED
Bank Mutual Corp
BKMU
| $2.35M | ﹤0.01% |
305,794
+18,923
| +7% | +$146K |
|
2410
Sportsman's Warehouse
SPWH
$46M
| $2.35M | ﹤0.01% |
223,069
+3,988
| +2% | +$40.2K |
|
|
SQBG
2411
DELISTED
Sequential Brands Group, Inc.
SQBG
| $2.35M | ﹤0.01% |
7,331
+245
| +3% | +$74.6K |
|
2412
Houlihan Lokey
HLI
$9.02B
| $2.34M | ﹤0.01% |
93,607
+869
| +0.9% | +$20.9K |
|
|
HDP
2413
DELISTED
Hortonworks, Inc.
HDP
| $2.34M | ﹤0.01% |
280,462
+12,601
| +5% | +$119K |
|
|
AMT.PRB
2414
DELISTED
American Tower Corporation
AMT.PRB
| – | – |
0
| – | – |
|
2415
Energous
WATT
$102M
| $2.34M | ﹤0.01% |
199
+50
| +34% | +$446K |
|
|
CIO
2416
DELISTED
City Office REIT
CIO
| $2.33M | ﹤0.01% |
183,158
+52,724
| +40% | +$694K |
|
2417
Tejon Ranch
TRC
$451M
| $2.33M | ﹤0.01% |
98,569
+3,095
| +3% | +$74.3K |
|
|
AAIC
2418
DELISTED
Arlington Asset Investment Corp.
AAIC
| $2.32M | ﹤0.01% |
157,191
+11,329
| +8% | +$162K |
|
2419
Kratos Defense & Security Solutions
KTOS
$11.4B
| $2.32M | ﹤0.01% |
337,205
+31,204
| +10% | +$182K |
|
|
LGTY
2420
DELISTED
Logility Supply Chain Solutions, Inc. Common Stock
LGTY
| $2.31M | ﹤0.01% |
207,960
+38,181
| +22% | +$415K |
|
2421
Park-Ohio Holdings
PKOH
$761M
| $2.31M | ﹤0.01% |
63,315
+574
| +0.9% | +$19.1K |
|
2422
Option Care Health
OPCH
$3.56B
| $2.3M | ﹤0.01% |
199,139
+21,506
| +12% | +$232K |
|
2423
Triumph Financial Inc
TFIN
$1.82B
| $2.3M | ﹤0.01% |
115,935
+21,763
| +23% | +$394K |
|
|
BBG
2424
DELISTED
Bill Barrett Corp
BBG
| $2.3M | ﹤0.01% |
413,612
+75,570
| +22% | +$449K |
|
2425
Mercer International
MERC
$39.8M
| $2.29M | ﹤0.01% |
271,048
+452
| +0.2% | +$3.76K |
|
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.