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 |
Apple
AAPL
|
+$145M |
| 2 |
Chubb
CB
|
+$135M |
| 3 |
Microsoft
MSFT
|
+$129M |
| 4 |
Broadcom
AVGO
|
+$123M |
| 5 |
Johnson & Johnson
JNJ
|
+$120M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
BRCM
BROADCOM CORP CL-A
BRCM
|
+$271M |
| 2 |
PCP
PRECISION CASTPARTS CORP
PCP
|
+$250M |
| 3 |
CB
CHUBB CORPORATION
CB
|
+$244M |
| 4 |
GMCR
KEURIG GREEN MTN INC
GMCR
|
+$89.3M |
| 5 |
PCL
PLUM CREEK TIMBER CO (REIT)
PCL
|
+$66.4M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 14% |
| 2 | Healthcare | 13.57% |
| 3 | Financials | 13.53% |
| 4 | Industrials | 9.98% |
| 5 | Consumer Discretionary | 9.26% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
INFI
2476
DELISTED
Infinity Pharmaceuticals, Inc.
INFI
| $1.77K | ﹤0.01% |
336,935
+31,878
| +10% | +$195K |
|
|
SFE
2477
DELISTED
Safeguard Scientifics, Inc.
SFE
| $1.77K | ﹤0.01% |
133,856
+7,330
| +6% | +$92.2K |
|
|
ONDK
2478
DELISTED
On Deck Capital, Inc.
ONDK
| $1.77K | ﹤0.01% |
227,683
+15,344
| +7% | +$118K |
|
|
TRK
2479
DELISTED
Speedway Motorsports, Inc.
TRK
| $1.77K | ﹤0.01% |
89,456
+1,658
| +2% | +$30.7K |
|
2480
Casella Waste Systems
CWST
$5.85B
| $1.77K | ﹤0.01% |
264,593
+1,072
| +0.4% | +$6.46K |
|
|
CRR
2481
DELISTED
Carbo Ceramics Inc.
CRR
| $1.77K | ﹤0.01% |
124,428
+5,653
| +5% | +$97.6K |
|
|
WPXP
2482
DELISTED
WPX Energy, Inc.
WPXP
| – | – |
0
| – | – |
|
2483
LeMaitre Vascular
LMAT
$2.37B
| $1.76K | ﹤0.01% |
113,650
+7,421
| +7% | +$106K |
|
2484
Immersion
IMMR
$248M
| $1.76K | ﹤0.01% |
213,411
+1,771
| +0.8% | +$14.6K |
|
2485
The RMR Group
RMR
$325M
| $1.76K | ﹤0.01% |
70,360
+25,494
| +57% | +$552K |
|
|
XNPT
2486
DELISTED
XENOPORT, INC.
XNPT
| $1.76K | ﹤0.01% |
389,911
+6,222
| +2% | +$28.7K |
|
|
HCOM
2487
DELISTED
Hawaiian Telcom Holdco, Inc
HCOM
| $1.75K | ﹤0.01% |
74,141
+1,095
| +1% | +$25K |
|
|
MBVT
2488
DELISTED
Merchants Bancshares Inc
MBVT
| $1.75K | ﹤0.01% |
58,719
+94
| +0.2% | +$2.73K |
|
|
RAS
2489
DELISTED
RAIT Financial Trust
RAS
| $1.74K | ﹤0.01% |
553,639
+12,203
| +2% | +$31.2K |
|
2490
BlackBerry
BB
$4.99B
| $1.72K | ﹤0.01% |
212,388
+2,493
| +1% | +$18.7K |
|
|
GLDD
2491
DELISTED
Great Lakes Dredge & Dock
GLDD
| $1.72K | ﹤0.01% |
386,537
+4,135
| +1% | +$14.8K |
|
|
PHX
2492
DELISTED
PHX Minerals
PHX
| $1.72K | ﹤0.01% |
99,566
+7,879
| +9% | +$121K |
|
|
CUNB
2493
DELISTED
CU Bancorp
CUNB
| $1.72K | ﹤0.01% |
81,033
+2,284
| +3% | +$51K |
|
2494
Adams Diversified Equity Fund
ADX
$3.13B
| – | – |
0
| – | – |
|
2495
Nice
NICE
$5.9B
| $1.71K | ﹤0.01% |
26,412
+1,920
| +8% | +$115K |
|
2496
NMI Holdings
NMIH
$3.35B
| $1.71K | ﹤0.01% |
338,488
-3,748
| -1% | -$19.5K |
|
2497
V2X
VVX
$2.83B
| $1.71K | ﹤0.01% |
74,967
+6,211
| +9% | +$123K |
|
|
AEUA
2498
DELISTED
Anadarko Petroleum Corporation
AEUA
| – | – |
0
| – | – |
|
2499
Toyota
TM
$224B
| $1.7K | ﹤0.01% |
16,009
-327
| -2% | -$36.1K |
|
|
ECOM
2500
DELISTED
CHANNELADVISOR CORPORATION
ECOM
| $1.7K | ﹤0.01% |
151,321
+1,591
| +1% | +$18.5K |
|
Similar funds
Geode Capital Management's Q1 2016 Portfolio in Review
As of Q1 2016, Geode Capital Management held 4,210 positions worth $188M, down 100% from $175B the previous quarter. Its ten largest holdings account for 18% of the portfolio.
Geode Capital Management deployed $3.95B of net new capital in Q1 2016, opening 62 new positions and adding to 2,901 existing holdings. Its largest new stake was Forest City Realty Trust, Inc.: 1,672,182 shares worth $35.3K.
By sector, the portfolio is most concentrated in Technology at 14% of assets, down from 14% a quarter earlier, followed by Healthcare and Financials.
On the sell side, the largest reduction was American International, an estimated $28.8M trimmed.
- Geode Capital Management's largest Q1 2016 buy was Forest City Realty Trust, Inc.: 1,672,182 shares worth $35.3K.
- Geode Capital Management added most to Apple in Q1 2016, an estimated $145M increase.
- Geode Capital Management's biggest Q1 2016 reduction was American International, cutting an estimated $28.8M.
- Geode Capital Management fully exited BROADCOM CORP CL-A in Q1 2016, selling an estimated $271M.
- Geode Capital Management's ten largest holdings make up 18% of its $188M portfolio in Q1 2016.
- Geode Capital Management opened 62 new positions and closed 115 in Q1 2016.
- Geode Capital Management's portfolio value fell 100% quarter-over-quarter to $188M.
Based on Geode Capital Management's 13F filing for Q1 2016, filed 13 May 2016.