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 | |
|---|---|---|---|---|---|---|
|
AVXS
2576
DELISTED
AveXis, Inc. Common Stock
AVXS
| $1.49K | ﹤0.01% |
+54,721
| New | +$1.2M |
|
|
HTBK
2577
DELISTED
Heritage Commerce
HTBK
| $1.49K | ﹤0.01% |
148,458
+5,298
| +4% | +$52K |
|
|
JOYY
2578
JOYY Inc
JOYY
$3.73B
| $1.48K | ﹤0.01% |
24,185
+5,555
| +30% | +$313K |
|
2579
Ericsson
ERIC
$33.1B
| $1.48K | ﹤0.01% |
147,751
-7,080
| -5% | -$65.2K |
|
2580
Etsy
ETSY
$7.89B
| $1.48K | ﹤0.01% |
169,884
+6,370
| +4% | +$51K |
|
|
CLACU
2581
DELISTED
Capitol Acquisition Corp. III Unit
CLACU
| $1.48K | ﹤0.01% |
150,000
| – | – |
|
|
MFLX
2582
DELISTED
MULTI-FINELINE ELECTRONIX INC
MFLX
| $1.47K | ﹤0.01% |
63,429
-81,866
| -56% | -$1.64M |
|
|
AVID
2583
DELISTED
Avid Technology Inc
AVID
| $1.47K | ﹤0.01% |
217,642
+5,282
| +2% | +$37.5K |
|
|
MEET
2584
DELISTED
The Meet Group, Inc. Common Stock
MEET
| $1.47K | ﹤0.01% |
518,616
+141,548
| +38% | +$447K |
|
|
PTVCB
2585
DELISTED
Protective Insurance Corporation Class B Common Stock
PTVCB
| $1.47K | ﹤0.01% |
59,759
+3,571
| +6% | +$85.8K |
|
2586
Triumph Financial Inc
TFIN
$1.83B
| $1.47K | ﹤0.01% |
92,745
-823
| -0.9% | -$11.8K |
|
|
LGTY
2587
DELISTED
Logility Supply Chain Solutions, Inc. Common Stock
LGTY
| $1.47K | ﹤0.01% |
163,127
+978
| +0.6% | +$9.08K |
|
2588
TSMC
TSM
$2.11T
| $1.47K | ﹤0.01% |
55,955
+17,807
| +47% | +$417K |
|
2589
Oppenheimer Holdings
OPY
$1.21B
| $1.46K | ﹤0.01% |
92,727
-24,654
| -21% | -$368K |
|
2590
PennyMac Financial
PFSI
$3.97B
| $1.46K | ﹤0.01% |
124,421
+745
| +0.6% | +$8.96K |
|
|
CMRX
2591
DELISTED
Chimerix, Inc.
CMRX
| $1.46K | ﹤0.01% |
286,085
+2,755
| +1% | +$18K |
|
2592
Winmark
WINA
$1.25B
| $1.46K | ﹤0.01% |
14,894
+166
| +1% | +$15.9K |
|
|
ACAS
2593
DELISTED
American Capital Ltd
ACAS
| $1.45K | ﹤0.01% |
+95,324
| New | +$1.33M |
|
|
PFSW
2594
DELISTED
PFSweb, Inc.
PFSW
| $1.45K | ﹤0.01% |
110,629
+18,772
| +20% | +$233K |
|
|
FARM
2595
DELISTED
Farmer Brothers
FARM
| $1.45K | ﹤0.01% |
51,974
+1,916
| +4% | +$51.4K |
|
|
BRT
2596
BRT Apartments
BRT
$282M
| $1.45K | ﹤0.01% |
208,311
| – | – |
|
2597
Destination XL Group
DXLG
$30.4M
| $1.44K | ﹤0.01% |
279,181
+10,880
| +4% | +$50.5K |
|
|
BETR
2598
DELISTED
Amplify Snack Brands, Inc.
BETR
| $1.44K | ﹤0.01% |
100,777
+14,601
| +17% | +$163K |
|
|
RELY
2599
DELISTED
Real Industry, Inc.
RELY
| $1.44K | ﹤0.01% |
165,888
+4,734
| +3% | +$32.5K |
|
2600
PTC Therapeutics
PTCT
$5.68B
| $1.44K | ﹤0.01% |
224,053
+5,167
| +2% | +$89.7K |
|
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.