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 | |
|---|---|---|---|---|---|---|
2551
OceanFirst Financial
OCFC
$1.71B
| $1.54K | ﹤0.01% |
87,016
+14,399
| +20% | +$253K |
|
2552
Independence Realty Trust
IRT
$3.95B
| $1.53K | ﹤0.01% |
215,320
+2,174
| +1% | +$14.6K |
|
|
FFWM
2553
DELISTED
First Foundation Inc
FFWM
| $1.53K | ﹤0.01% |
136,558
+1,640
| +1% | +$18K |
|
2554
Clean Energy Fuels
CLNE
$410M
| $1.53K | ﹤0.01% |
521,001
+12,916
| +3% | +$36.3K |
|
2555
Applied Optoelectronics
AAOI
$8.84B
| $1.52K | ﹤0.01% |
102,242
+1,854
| +2% | +$29.5K |
|
|
AVTA
2556
DELISTED
Avantax, Inc. Common Stock
AVTA
| $1.52K | ﹤0.01% |
295,436
-24,975
| -8% | -$176K |
|
|
TBNK
2557
DELISTED
Territorial Bancorp Inc.
TBNK
| $1.52K | ﹤0.01% |
58,468
+1,769
| +3% | +$46.2K |
|
2558
QCR Holdings
QCRH
$1.71B
| $1.52K | ﹤0.01% |
63,754
+1,232
| +2% | +$27.9K |
|
2559
Rigel Pharmaceuticals
RIGL
$693M
| $1.52K | ﹤0.01% |
73,102
+7,532
| +11% | +$186K |
|
|
QUNR
2560
DELISTED
Qunar Cayman Islands Limited
QUNR
| $1.52K | ﹤0.01% |
38,405
+6,220
| +19% | +$240K |
|
2561
Citizens & Northern Corp
CZNC
$454M
| $1.52K | ﹤0.01% |
76,364
+192
| +0.3% | +$3.85K |
|
2562
Horizon Bancorp
HBNC
$1.06B
| $1.51K | ﹤0.01% |
137,786
+1,710
| +1% | +$18.9K |
|
|
PERY
2563
DELISTED
Perry Ellis International Inc
PERY
| $1.51K | ﹤0.01% |
82,133
-3,179
| -4% | -$58K |
|
|
BBBY
2564
Bed Bath & Beyond
BBBY
$507M
| $1.51K | ﹤0.01% |
139,812
+11,742
| +9% | +$115K |
|
|
GNMK
2565
DELISTED
GenMark Diagnostics, Inc
GNMK
| $1.51K | ﹤0.01% |
286,064
+15,737
| +6% | +$87.6K |
|
|
DEX
2566
DELISTED
DELAWARE ENHANCED GLOBAL DIVIDEND & INCOME FUND
DEX
| – | – |
0
| – | – |
|
2567
LSB Industries
LXU
$707M
| $1.5K | ﹤0.01% |
153,340
+2,734
| +2% | +$15.8K |
|
|
PRMW
2568
DELISTED
Primo Water Corporation
PRMW
| $1.5K | ﹤0.01% |
149,029
+35,225
| +31% | +$315K |
|
|
AHGP
2569
DELISTED
Alliance Holdings GP
AHGP
| $1.5K | ﹤0.01% |
102,798
+66,140
| +180% | +$1M |
|
2570
Kratos Defense & Security Solutions
KTOS
$9.23B
| $1.5K | ﹤0.01% |
302,948
+27,415
| +10% | +$99K |
|
|
PACEU
2571
DELISTED
Pace Holdings Corp.
PACEU
| $1.5K | ﹤0.01% |
150,000
| – | – |
|
2572
Workiva
WK
$3.43B
| $1.5K | ﹤0.01% |
128,517
+900
| +0.7% | +$11.9K |
|
|
ACAT
2573
DELISTED
Arctic Cat Inc
ACAT
| $1.49K | ﹤0.01% |
88,954
+5,395
| +6% | +$81.5K |
|
2574
Beazer Homes USA
BZH
$901M
| $1.49K | ﹤0.01% |
170,898
+2,524
| +1% | +$21K |
|
2575
Northern Oil and Gas
NOG
$2.25B
| $1.49K | ﹤0.01% |
37,347
+329
| +0.9% | +$11.2K |
|
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.