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 | |
|---|---|---|---|---|---|---|
|
ALTA
2451
DELISTED
Altabancorp
ALTA
| $2.21M | ﹤0.01% |
108,437
+76,523
| +240% | +$1.45M |
|
|
SINA
2452
DELISTED
Sina Corp
SINA
| $2.2M | ﹤0.01% |
29,859
+1,668
| +6% | +$110K |
|
2453
BioCryst Pharmaceuticals
BCRX
$2.4B
| $2.2M | ﹤0.01% |
499,502
+6,062
| +1% | +$24.2K |
|
2454
LeMaitre Vascular
LMAT
$1.86B
| $2.2M | ﹤0.01% |
110,975
-2,013
| -2% | -$35.2K |
|
|
LUMO
2455
DELISTED
Lumos Pharma, Inc. Common Stock
LUMO
| $2.2M | ﹤0.01% |
16,247
-394
| -2% | -$39.1K |
|
|
DFRG
2456
DELISTED
Del Frisco's Restaurant Group, Inc. Common Stock
DFRG
| $2.19M | ﹤0.01% |
162,980
+2,684
| +2% | +$39.7K |
|
|
FFWM
2457
DELISTED
First Foundation Inc
FFWM
| $2.19M | ﹤0.01% |
177,816
+1,872
| +1% | +$22.3K |
|
2458
Citi Trends
CTRN
$605M
| $2.19M | ﹤0.01% |
110,003
+6,759
| +7% | +$124K |
|
2459
Rapid7
RPD
$773M
| $2.18M | ﹤0.01% |
123,783
+44,736
| +57% | +$700K |
|
2460
TG Therapeutics
TGTX
$7.62B
| $2.18M | ﹤0.01% |
282,125
+4,848
| +2% | +$31.2K |
|
2461
PennyMac Financial
PFSI
$4.02B
| $2.18M | ﹤0.01% |
128,284
+2,263
| +2% | +$34.3K |
|
2462
Wave Life Sciences
WVE
$1.2B
| $2.18M | ﹤0.01% |
67,231
+7,309
| +12% | +$173K |
|
|
AY
2463
DELISTED
Atlantica Sustainable Infrastructure plc Ordinary Shares
AY
| $2.18M | ﹤0.01% |
114,514
+5,399
| +5% | +$105K |
|
2464
IMAX
IMAX
$2.66B
| $2.17M | ﹤0.01% |
74,912
+5,799
| +8% | +$177K |
|
2465
TRI-Continental Corp
TY
$1.9B
| $2.17M | ﹤0.01% |
+101,508
| New | +$2.16M |
|
|
CIVI
2466
DELISTED
Civitas Solutions, Inc.
CIVI
| $2.16M | ﹤0.01% |
118,227
+1,495
| +1% | +$29.6K |
|
|
CARB
2467
DELISTED
Carbonite Inc
CARB
| $2.15M | ﹤0.01% |
140,337
+17,383
| +14% | +$221K |
|
|
INSY
2468
DELISTED
Insys Therapeutics, Inc.
INSY
| $2.15M | ﹤0.01% |
182,840
+839
| +0.5% | +$12.8K |
|
2469
Beazer Homes USA
BZH
$907M
| $2.15M | ﹤0.01% |
184,669
+12,790
| +7% | +$130K |
|
2470
Peoples Financial Services
PFIS
$707M
| $2.15M | ﹤0.01% |
52,825
+3,394
| +7% | +$134K |
|
2471
Calix
CALX
$2.39B
| $2.14M | ﹤0.01% |
290,888
+5,428
| +2% | +$40.7K |
|
|
ALJ
2472
DELISTED
Alon USA Energy Inc
ALJ
| $2.14M | ﹤0.01% |
265,220
+7,786
| +3% | +$57.8K |
|
|
MWW
2473
DELISTED
Monster Worldwide Inc
MWW
| $2.13M | ﹤0.01% |
589,332
-56,771
| -9% | -$181K |
|
2474
Plug Power
PLUG
$3.04B
| $2.12M | ﹤0.01% |
1,240,542
+18,937
| +2% | +$31.5K |
|
2475
Utah Medical Products
UTMD
$225M
| $2.11M | ﹤0.01% |
35,330
-86
| -0.2% | -$5.47K |
|
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.