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 | |
|---|---|---|---|---|---|---|
251
Clorox
CLX
$11.6B
| $149K | 0.08% |
1,182,810
+30,881
| +3% | +$3.93M |
|
252
Roper Technologies
ROP
$38.8B
| $149K | 0.08% |
814,192
+15,960
| +2% | +$2.75M |
|
253
Cencora
COR
$60.6B
| $146K | 0.08% |
1,694,015
-11,581
| -0.7% | -$1.03M |
|
254
APA Corp
APA
$13.2B
| $145K | 0.08% |
2,986,497
+56,483
| +2% | +$2.35M |
|
255
Fidelity National Information Services
FIS
$23.1B
| $144K | 0.08% |
2,283,880
+11,164
| +0.5% | +$670K |
|
256
M&T Bank
MTB
$35.7B
| $144K | 0.08% |
1,301,841
+26,974
| +2% | +$2.93M |
|
257
Amphenol
APH
$198B
| $143K | 0.08% |
9,910,068
+275,168
| +3% | +$3.57M |
|
258
Tesla
TSLA
$1.23T
| $143K | 0.08% |
9,318,855
+458,280
| +5% | +$6.03M |
|
259
Molson Coors Class B
TAP
$7.79B
| $142K | 0.08% |
1,480,123
+235,490
| +19% | +$21M |
|
|
CERN
260
DELISTED
Cerner Corp
CERN
| $137K | 0.07% |
2,583,439
+52,238
| +2% | +$2.85M |
|
261
Skyworks Solutions
SWKS
$9.37B
| $136K | 0.07% |
1,744,832
+53,208
| +3% | +$3.61M |
|
262
International Paper
IP
$21.6B
| $134K | 0.07% |
3,455,750
+45,387
| +1% | +$1.58M |
|
|
MJN
263
DELISTED
Mead Johnson Nutrition Company
MJN
| $134K | 0.07% |
1,580,432
+7,865
| +0.5% | +$585K |
|
264
DTE Energy
DTE
$29.5B
| $133K | 0.07% |
1,730,102
+33,135
| +2% | +$2.39M |
|
265
Henry Schein
HSIC
$9.77B
| $133K | 0.07% |
1,970,041
+78,012
| +4% | +$4.87M |
|
266
FirstEnergy
FE
$28B
| $133K | 0.07% |
3,704,869
+219,805
| +6% | +$7.39M |
|
|
SNDK
267
DELISTED
SANDISK CORP
SNDK
| $133K | 0.07% |
1,750,517
+36,659
| +2% | +$2.64M |
|
268
Moody's
MCO
$82.8B
| $133K | 0.07% |
1,377,399
-17,623
| -1% | -$1.58M |
|
269
Entergy
ETR
$50.2B
| $132K | 0.07% |
3,336,006
+52,394
| +2% | +$1.9M |
|
|
BCR
270
DELISTED
CR Bard Inc.
BCR
| $132K | 0.07% |
651,695
+12,193
| +2% | +$2.3M |
|
271
Realty Income
O
$59.6B
| $131K | 0.07% |
2,171,870
+38,388
| +2% | +$2.14M |
|
272
Nucor
NUE
$58.6B
| $131K | 0.07% |
2,779,945
+223,580
| +9% | +$9.1M |
|
273
Newmont
NEM
$98.7B
| $131K | 0.07% |
4,926,571
+309,089
| +7% | +$7.15M |
|
274
Stanley Black & Decker
SWK
$14.3B
| $130K | 0.07% |
1,239,734
+44,318
| +4% | +$4.3M |
|
275
Host Hotels & Resorts
HST
$17.2B
| $130K | 0.07% |
7,785,290
+343,830
| +5% | +$5.17M |
|
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.