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 | |
|---|---|---|---|---|---|---|
2676
Vipshop
VIPS
$7.47B
| $1.29K | ﹤0.01% |
101,313
+29,116
| +40% | +$365K |
|
|
ADMS
2677
DELISTED
Adamas Pharmaceuticals
ADMS
| $1.29K | ﹤0.01% |
89,468
+14,633
| +20% | +$246K |
|
|
SYT
2678
DELISTED
Syngenta Ag
SYT
| $1.28K | ﹤0.01% |
15,523
+3,069
| +25% | +$242K |
|
2679
Clearfield
CLFD
$436M
| $1.28K | ﹤0.01% |
79,849
+2,271
| +3% | +$32.1K |
|
2680
Ceco Environmental
CECO
$3.99B
| $1.27K | ﹤0.01% |
205,242
+2,438
| +1% | +$16.5K |
|
|
BCOV
2681
DELISTED
Brightcove, Inc.
BCOV
| $1.27K | ﹤0.01% |
204,191
+115
| +0.1% | +$666 |
|
|
RGLS
2682
DELISTED
Regulus Therapeutics
RGLS
| $1.27K | ﹤0.01% |
1,531
+10
| +0.7% | +$7.96K |
|
|
FFKT
2683
DELISTED
Farmers Capital Bank Corp
FFKT
| $1.27K | ﹤0.01% |
48,205
+2,166
| +5% | +$56.5K |
|
2684
Acacia Research
ACTG
$447M
| $1.27K | ﹤0.01% |
334,737
+3,576
| +1% | +$13.1K |
|
2685
First Business Financial Services
FBIZ
$604M
| $1.27K | ﹤0.01% |
55,279
+1,476
| +3% | +$32.9K |
|
2686
Shake Shack
SHAK
$2.61B
| $1.26K | ﹤0.01% |
33,875
+472
| +1% | +$17K |
|
|
AIMT
2687
DELISTED
Aimmune Therapeutics
AIMT
| $1.26K | ﹤0.01% |
92,923
+20,452
| +28% | +$319K |
|
2688
Hovnanian Enterprises
HOV
$764M
| $1.26K | ﹤0.01% |
32,232
+444
| +1% | +$16.8K |
|
|
JIVE
2689
DELISTED
Jive Software, Inc.
JIVE
| $1.26K | ﹤0.01% |
332,758
+29,832
| +10% | +$104K |
|
|
JMBA
2690
DELISTED
Jamba, Inc.
JMBA
| $1.25K | ﹤0.01% |
101,228
+530
| +0.5% | +$6.75K |
|
|
EAGLU
2691
DELISTED
Double Eagle Acquisition Corp.
EAGLU
| $1.25K | ﹤0.01% |
124,900
-25,100
| -17% | -$251K |
|
2692
eHealth
EHTH
$43.8M
| $1.25K | ﹤0.01% |
132,892
+2,261
| +2% | +$22.5K |
|
|
MOBL
2693
DELISTED
MobileIron, Inc.
MOBL
| $1.25K | ﹤0.01% |
275,636
+29,062
| +12% | +$109K |
|
2694
Curis
CRIS
$10M
| $1.24K | ﹤0.01% |
386
+9
| +2% | +$30.3K |
|
2695
Karyopharm Therapeutics
KPTI
$44.6M
| $1.24K | ﹤0.01% |
9,248
+5
| +0.1% | +$552 |
|
|
APEX
2696
DELISTED
Apex Global Brands Inc. Common Stock
APEX
| $1.24K | ﹤0.01% |
2,317
+24
| +1% | +$11.9K |
|
2697
Vitamin Cottage Natural Grocers
NGVC
$765M
| $1.24K | ﹤0.01% |
58,083
+779
| +1% | +$15.7K |
|
|
SDRL
2698
DELISTED
Seadrill Limited Common Stock
SDRL
| $1.24K | ﹤0.01% |
1,399
+14
| +1% | +$10.1K |
|
|
CHFN
2699
DELISTED
Charter Financial Corp
CHFN
| $1.23K | ﹤0.01% |
90,892
-36
| -0% | -$480 |
|
|
NSTG
2700
DELISTED
NanoString Technologies, Inc.
NSTG
| $1.23K | ﹤0.01% |
80,546
+8,405
| +12% | +$119K |
|
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.