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 | |
|---|---|---|---|---|---|---|
2601
FRP Holdings
FRPH
$432M
| $1.44K | ﹤0.01% |
80,992
+1,808
| +2% | +$29.3K |
|
2602
The Bancorp
TBBK
$2.96B
| $1.44K | ﹤0.01% |
251,111
+5,952
| +2% | +$29.7K |
|
2603
STAAR Surgical
STAA
$1.21B
| $1.43K | ﹤0.01% |
193,933
+3,015
| +2% | +$20.4K |
|
2604
Collegium Pharmaceutical
COLL
$1.15B
| $1.43K | ﹤0.01% |
78,903
+33,783
| +75% | +$614K |
|
2605
A10 Networks
ATEN
$2.16B
| $1.43K | ﹤0.01% |
241,914
+3,715
| +2% | +$22.1K |
|
|
AFOP
2606
DELISTED
Alliance Fiber Optic Prod Inc
AFOP
| $1.43K | ﹤0.01% |
96,740
+1,082
| +1% | +$15K |
|
2607
Planet Fitness
PLNT
$4.45B
| $1.43K | ﹤0.01% |
87,969
+14,002
| +19% | +$207K |
|
|
BSTC
2608
DELISTED
BioSpecifics Technologies Corp.
BSTC
| $1.43K | ﹤0.01% |
41,039
+6,308
| +18% | +$232K |
|
|
IMMU
2609
DELISTED
Immunomedics Inc
IMMU
| $1.43K | ﹤0.01% |
570,322
+7,572
| +1% | +$17K |
|
2610
FreightCar America
RAIL
$270M
| $1.42K | ﹤0.01% |
91,310
-18,487
| -17% | -$319K |
|
|
FBNK
2611
DELISTED
First Connecticut Bancorp, Inc
FBNK
| $1.42K | ﹤0.01% |
89,121
+1,744
| +2% | +$28.3K |
|
|
MGI
2612
DELISTED
MoneyGram International, Inc. New
MGI
| $1.42K | ﹤0.01% |
232,116
+6,284
| +3% | +$35.5K |
|
2613
BioCryst Pharmaceuticals
BCRX
$2.24B
| $1.42K | ﹤0.01% |
501,983
+25,331
| +5% | +$112K |
|
2614
National Bankshares
NKSH
$262M
| $1.42K | ﹤0.01% |
41,333
+166
| +0.4% | +$5.57K |
|
|
ZGNX
2615
DELISTED
Zogenix, Inc.
ZGNX
| $1.42K | ﹤0.01% |
153,464
+16,093
| +12% | +$161K |
|
|
RDEN
2616
DELISTED
ELIZABETH ARDEN INC
RDEN
| $1.41K | ﹤0.01% |
172,530
+4,897
| +3% | +$34.8K |
|
2617
ICICI Bank
IBN
$109B
| $1.41K | ﹤0.01% |
216,965
+119,065
| +122% | +$698K |
|
|
HABT
2618
DELISTED
The Habit Restaurants, Inc. - Class A
HABT
| $1.41K | ﹤0.01% |
75,693
+8,072
| +12% | +$164K |
|
2619
Miller Industries
MLR
$572M
| $1.41K | ﹤0.01% |
69,484
+833
| +1% | +$16.8K |
|
2620
BP
BP
$114B
| $1.4K | ﹤0.01% |
55,128
+2,532
| +5% | +$63.9K |
|
2621
Green Brick Partners
GRBK
$3.09B
| $1.4K | ﹤0.01% |
184,160
+4,760
| +3% | +$29.4K |
|
|
ORM
2622
DELISTED
Owens Realty Mortgage, Inc.
ORM
| $1.4K | ﹤0.01% |
87,515
-1,621
| -2% | -$23.5K |
|
2623
Nordic American Tanker
NAT
$1.36B
| $1.4K | ﹤0.01% |
99,936
-308,302
| -76% | -$4.1M |
|
|
BV
2624
DELISTED
Bazaarvoice, Inc.
BV
| $1.4K | ﹤0.01% |
443,640
+47,012
| +12% | +$159K |
|
|
CPXX
2625
DELISTED
CELATOR PHARMACEUTICALS INC. COMMON STOCK
CPXX
| $1.4K | ﹤0.01% |
126,485
+59,470
| +89% | +$195K |
|
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.