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 | |
|---|---|---|---|---|---|---|
|
ORC
2651
Orchid Island Capital
ORC
$1.29B
| $1.35K | ﹤0.01% |
26,133
+512
| +2% | +$24.3K |
|
2652
Titan Machinery
TITN
$423M
| $1.35K | ﹤0.01% |
117,236
+4,119
| +4% | +$40.5K |
|
2653
STRATTEC Security
STRT
$363M
| $1.35K | ﹤0.01% |
23,593
+668
| +3% | +$35K |
|
2654
Reading International Class A
RDI
$32.7M
| $1.35K | ﹤0.01% |
112,953
+3,182
| +3% | +$35K |
|
|
FXCB
2655
DELISTED
FOX CHASE BANCORP INC COM STK (MD)
FXCB
| $1.35K | ﹤0.01% |
70,004
+2,033
| +3% | +$39.3K |
|
|
ACGN
2656
DELISTED
Aceragen Inc
ACGN
| $1.35K | ﹤0.01% |
5,007
+31
| +0.6% | +$8.29K |
|
|
WIA
2657
Western Asset Inflation-Linked Income Fund
WIA
$185M
| – | – |
0
| – | – |
|
|
NCIT
2658
DELISTED
NCI, Inc.
NCIT
| $1.34K | ﹤0.01% |
95,586
-477
| -0.5% | -$6.47K |
|
2659
Lindblad Expeditions
LIND
$2.17B
| $1.34K | ﹤0.01% |
134,487
+3,892
| +3% | +$39.3K |
|
|
ZVO
2660
DELISTED
Zovio Inc. Common Stock
ZVO
| $1.33K | ﹤0.01% |
132,513
+34,953
| +36% | +$265K |
|
|
ASCMA
2661
DELISTED
Ascent Capital Group, Inc. Series A
ASCMA
| $1.33K | ﹤0.01% |
90,179
+7,757
| +9% | +$98K |
|
2662
Mitek Systems
MITK
$767M
| $1.33K | ﹤0.01% |
203,965
+29,406
| +17% | +$151K |
|
2663
Duluth Holdings
DLTH
$158M
| $1.33K | ﹤0.01% |
68,327
+46,699
| +216% | +$774K |
|
2664
CNB Financial Corp
CCNE
$1.05B
| $1.33K | ﹤0.01% |
75,624
+2,511
| +3% | +$44.2K |
|
2665
Lesaka Technologies
LSAK
$401M
| $1.33K | ﹤0.01% |
144,732
+42,306
| +41% | +$427K |
|
|
OPWR
2666
DELISTED
OPOWER INC COM STK (DE)
OPWR
| $1.33K | ﹤0.01% |
194,735
+10,441
| +6% | +$83.1K |
|
2667
VirnetX Holding Corp
VHC
$56.8M
| $1.32K | ﹤0.01% |
14,415
+1,747
| +14% | +$162K |
|
|
BPTH
2668
DELISTED
Bio-Path Holdings Inc
BPTH
| $1.32K | ﹤0.01% |
128
| – | – |
|
|
MODN
2669
DELISTED
MODEL N, INC.
MODN
| $1.32K | ﹤0.01% |
122,369
+20,679
| +20% | +$216K |
|
2670
CRA International
CRAI
$1.16B
| $1.31K | ﹤0.01% |
67,026
-1,798
| -3% | -$33.9K |
|
2671
WPP
WPP
$4.39B
| $1.31K | ﹤0.01% |
11,295
+77
| +0.7% | +$8.3K |
|
|
JMG
2672
DELISTED
JOURNAL MEDIA GROUP INC COM
JMG
| $1.31K | ﹤0.01% |
109,759
+2,297
| +2% | +$27.5K |
|
|
TAHO
2673
DELISTED
Tahoe Resources Inc
TAHO
| $1.3K | ﹤0.01% |
129,946
+11,831
| +10% | +$106K |
|
|
SNBC
2674
DELISTED
Sun Bancorp Inc
SNBC
| $1.3K | ﹤0.01% |
62,899
+2,454
| +4% | +$50.8K |
|
|
BPMC
2675
DELISTED
Blueprint Medicines
BPMC
| $1.3K | ﹤0.01% |
71,813
+2,011
| +3% | +$34.9K |
|
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.