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 | |
|---|---|---|---|---|---|---|
|
GCAP
2501
DELISTED
Gain Capital Holdings, Inc.
GCAP
| $1.69K | ﹤0.01% |
257,473
-4,773
| -2% | -$33.1K |
|
|
NBIS
2502
Nebius Group N.V.
NBIS
$54B
| $1.69K | ﹤0.01% |
110,113
+15,355
| +16% | +$210K |
|
2503
TotalEnergies
TTE
$194B
| $1.68K | ﹤0.01% |
37,074
-821
| -2% | -$36.2K |
|
|
SGI
2504
DELISTED
Silicon Graphics Intl.
SGI
| $1.68K | ﹤0.01% |
236,134
+2,360
| +1% | +$14.4K |
|
|
SRGA
2505
DELISTED
Surgalign Holdings, Inc. Common Stock
SRGA
| $1.68K | ﹤0.01% |
13,995
+335
| +2% | +$35.2K |
|
|
DLR.PRI
2506
DELISTED
DIGITAL RLTY TR INC PFD SR I % (MD)
DLR.PRI
| $1.67K | ﹤0.01% |
64,763
| – | – |
|
|
RXII
2507
DELISTED
GALENA BIOPHARMA INC COM
RXII
| $1.67K | ﹤0.01% |
1,227,715
+123,736
| +11% | +$168 |
|
2508
Artivion
AORT
$1.33B
| $1.66K | ﹤0.01% |
154,430
-8,721
| -5% | -$88.7K |
|
|
PKD
2509
DELISTED
Parker Drilling Company
PKD
| $1.66K | ﹤0.01% |
52,215
+321
| +0.6% | +$7.62K |
|
2510
Chegg
CHGG
$114M
| $1.66K | ﹤0.01% |
372,178
+30,451
| +9% | +$154K |
|
|
ADXS
2511
DELISTED
Advaxis Inc
ADXS
| $1.66K | ﹤0.01% |
12,241
+144
| +1% | +$15.9K |
|
|
EXAR
2512
DELISTED
Exar Corporation
EXAR
| $1.66K | ﹤0.01% |
288,417
+3,468
| +1% | +$18.7K |
|
|
MRLN
2513
DELISTED
Marlin Business Services Corp
MRLN
| $1.65K | ﹤0.01% |
115,677
-2,133
| -2% | -$30.5K |
|
2514
Bank of Marin Bancorp
BMRC
$474M
| $1.65K | ﹤0.01% |
67,168
+942
| +1% | +$23.7K |
|
2515
Titan International
TWI
$466M
| $1.65K | ﹤0.01% |
307,208
+4,125
| +1% | +$17.1K |
|
2516
DXP Enterprises
DXPE
$2.53B
| $1.65K | ﹤0.01% |
94,061
+4,898
| +5% | +$80.2K |
|
|
LTS
2517
DELISTED
Ladenburg Thalmann Financial Services Inc
LTS
| $1.65K | ﹤0.01% |
660,561
+7,965
| +1% | +$18.7K |
|
|
SIGM
2518
DELISTED
Sigma Designs Inc
SIGM
| $1.65K | ﹤0.01% |
242,655
-13,170
| -5% | -$87K |
|
|
ASXC
2519
DELISTED
Asensus Surgical, Inc.
ASXC
| $1.65K | ﹤0.01% |
29,783
+5,536
| +23% | +$237K |
|
|
SSI
2520
DELISTED
Stage Stores Inc
SSI
| $1.64K | ﹤0.01% |
203,919
+16,419
| +9% | +$132K |
|
2521
Elbit Systems
ESLT
$38.9B
| $1.64K | ﹤0.01% |
17,488
+1,764
| +11% | +$151K |
|
|
EMCI
2522
DELISTED
EMC INS Group Inc
EMCI
| $1.64K | ﹤0.01% |
63,971
+8,088
| +14% | +$195K |
|
|
BRSL
2523
Brightstar Lottery PLC
BRSL
$1.86B
| $1.63K | ﹤0.01% |
89,577
+18,664
| +26% | +$284K |
|
|
ONIT
2524
Onity Group
ONIT
$319M
| $1.63K | ﹤0.01% |
44,046
+569
| +1% | +$39.1K |
|
2525
Noodles & Co
NDLS
$111M
| $1.63K | ﹤0.01% |
17,181
+1,441
| +9% | +$139K |
|
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.