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 | |
|---|---|---|---|---|---|---|
|
TRVN
2426
DELISTED
Trevena, Inc.
TRVN
| $2.29M | ﹤0.01% |
544
+151
| +38% | +$647K |
|
|
JOYY
2427
JOYY Inc
JOYY
$3.75B
| $2.29M | ﹤0.01% |
43,062
-17,544
| -29% | -$801K |
|
|
NIHD
2428
DELISTED
NII Holdings, Inc. Common Stock
NIHD
| $2.29M | ﹤0.01% |
686,584
+55,502
| +9% | +$164K |
|
|
MRLN
2429
DELISTED
Marlin Business Services Corp
MRLN
| $2.28M | ﹤0.01% |
117,822
+1,881
| +2% | +$34.1K |
|
|
SREV
2430
DELISTED
ServiceSource International, Inc.
SREV
| $2.28M | ﹤0.01% |
467,458
+5,949
| +1% | +$28K |
|
2431
Live Oak Bancshares
LOB
$1.97B
| $2.28M | ﹤0.01% |
158,047
+98,065
| +163% | +$1.37M |
|
|
CUNB
2432
DELISTED
CU Bancorp
CUNB
| $2.28M | ﹤0.01% |
99,805
+13,109
| +15% | +$315K |
|
2433
Acacia Research
ACTG
$470M
| $2.27M | ﹤0.01% |
348,077
+10,736
| +3% | +$61.9K |
|
|
LMOS
2434
DELISTED
Lumos Networks Corp
LMOS
| $2.27M | ﹤0.01% |
161,918
+2,557
| +2% | +$33.5K |
|
2435
Vera Bradley
VRA
$98.7M
| $2.27M | ﹤0.01% |
149,551
+2,125
| +1% | +$31.9K |
|
|
TBRG
2436
DELISTED
TruBridge
TBRG
| $2.26M | ﹤0.01% |
86,807
+1,106
| +1% | +$34.7K |
|
|
SPPI
2437
DELISTED
Spectrum Pharmaceuticals Inc
SPPI
| $2.26M | ﹤0.01% |
483,907
+83,594
| +21% | +$495K |
|
|
FRED
2438
DELISTED
Fred's Inc
FRED
| $2.26M | ﹤0.01% |
249,285
+7,506
| +3% | +$98.6K |
|
2439
Regenxbio
RGNX
$708M
| $2.25M | ﹤0.01% |
160,729
+90,158
| +128% | +$995K |
|
2440
Regional Management Corp
RM
$303M
| $2.25M | ﹤0.01% |
103,900
+16,876
| +19% | +$329K |
|
|
ABTX
2441
DELISTED
Allegiance Bancshares
ABTX
| $2.25M | ﹤0.01% |
83,250
+41,127
| +98% | +$1.07M |
|
2442
NACCO Industries
NC
$320M
| $2.24M | ﹤0.01% |
144,555
+1,361
| +1% | +$19.5K |
|
2443
Comtech Telecommunications
CMTL
$51.8M
| $2.24M | ﹤0.01% |
174,756
+37,174
| +27% | +$488K |
|
|
DSPG
2444
DELISTED
DSP Group Inc
DSPG
| $2.24M | ﹤0.01% |
186,393
+31,376
| +20% | +$349K |
|
|
IVC
2445
DELISTED
Invacare Corporation
IVC
| $2.23M | ﹤0.01% |
199,596
+3,491
| +2% | +$42K |
|
2446
Ardelyx
ARDX
$997M
| $2.23M | ﹤0.01% |
172,088
+25,251
| +17% | +$265K |
|
|
XCRA
2447
DELISTED
Xcerra Corporation
XCRA
| $2.22M | ﹤0.01% |
367,031
-18,335
| -5% | -$108K |
|
|
BSTC
2448
DELISTED
BioSpecifics Technologies Corp.
BSTC
| $2.22M | ﹤0.01% |
48,630
+7,132
| +17% | +$286K |
|
2449
Rockwell Medical
RMTI
$28.2M
| $2.21M | ﹤0.01% |
3,004
+61
| +2% | +$49.4K |
|
2450
Century Communities
CCS
$2.03B
| $2.21M | ﹤0.01% |
102,779
+6,493
| +7% | +$126K |
|
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.