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 | |
|---|---|---|---|---|---|---|
|
SOHU
2801
Sohu.com
SOHU
$366M
| $1.01K | ﹤0.01% |
20,353
-3,835
| -16% | -$186K |
|
2802
Jakks Pacific
JAKK
$300M
| $1.01K | ﹤0.01% |
13,550
+1,604
| +13% | +$115K |
|
|
CARB
2803
DELISTED
Carbonite Inc
CARB
| $1K | ﹤0.01% |
126,205
+17,925
| +17% | +$146K |
|
|
GRFS
2804
Grifois
GRFS
$5.35B
| $998 | ﹤0.01% |
64,527
-56,047
| -46% | -$848K |
|
|
CAJ
2805
DELISTED
Canon, Inc.
CAJ
| $998 | ﹤0.01% |
33,468
+2,872
| +9% | +$82.5K |
|
|
ATHX
2806
DELISTED
Athersys, Inc. Common Stock
ATHX
| $998 | ﹤0.01% |
17,755
-463
| -3% | -$18.8K |
|
|
EPE
2807
DELISTED
EP Energy Corporation
EPE
| $997 | ﹤0.01% |
220,678
+1,208
| +0.6% | +$4.43K |
|
2808
Ezcorp Inc
EZPW
$1.86B
| $996 | ﹤0.01% |
335,462
-59,862
| -15% | -$187K |
|
2809
Superior Group of Companies
SGC
$201M
| $990 | ﹤0.01% |
55,560
+2,540
| +5% | +$43.2K |
|
|
ONE
2810
DELISTED
HIGHER ONE HOLDINGS, INC COM STK
ONE
| $988 | ﹤0.01% |
252,721
-2,575
| -1% | -$9.58K |
|
|
TTOO
2811
DELISTED
T2 Biosystems, Inc
TTOO
| $987 | ﹤0.01% |
20
| – | – |
|
|
SRNE
2812
DELISTED
Sorrento Therapeutics, Inc.
SRNE
| $986 | ﹤0.01% |
183,319
+5,378
| +3% | +$31.3K |
|
2813
Sunrun
RUN
$2.49B
| $984 | ﹤0.01% |
151,973
+4,032
| +3% | +$29K |
|
|
OIG
2814
DELISTED
Orbital Infrastructure Group, Inc. Common Stock
OIG
| $983 | ﹤0.01% |
3,043
+482
| +19% | +$152K |
|
|
SNOW
2815
DELISTED
Intrawest Resorts Holdings, Inc.
SNOW
| $976 | ﹤0.01% |
114,216
+1,879
| +2% | +$15.5K |
|
|
SUNE
2816
DELISTED
SUNEDISON, INC COM
SUNE
| $976 | ﹤0.01% |
1,808,062
+36,281
| +2% | +$83.6K |
|
|
CBMG
2817
DELISTED
Cellular Biomedicine Group, Inc.
CBMG
| $974 | ﹤0.01% |
52,252
+523
| +1% | +$8.67K |
|
2818
Capital City Bank Group
CCBG
$902M
| $973 | ﹤0.01% |
66,700
+233
| +0.4% | +$3.37K |
|
2819
Liquidity Services
LQDT
$1.22B
| $972 | ﹤0.01% |
187,891
+25,504
| +16% | +$136K |
|
2820
Option Care Health
OPCH
$3.55B
| $969 | ﹤0.01% |
113,231
+1,359
| +1% | +$10.2K |
|
|
CUTR
2821
DELISTED
Cutera, Inc.
CUTR
| $968 | ﹤0.01% |
86,092
-28
| -0% | -$318 |
|
|
BDSI
2822
DELISTED
BioDelivery Sciences International, Inc.
BDSI
| $968 | ﹤0.01% |
299,783
+3,067
| +1% | +$11.3K |
|
2823
IES Holdings
IESC
$14.3B
| $964 | ﹤0.01% |
65,773
+586
| +0.9% | +$7.2K |
|
|
VVUS
2824
DELISTED
Vivus Inc
VVUS
| $959 | ﹤0.01% |
68,549
+711
| +1% | +$7.61K |
|
|
JAX
2825
DELISTED
J. Alexander's Holdings, Inc.
JAX
| $954 | ﹤0.01% |
90,416
-2,582
| -3% | -$25.2K |
|
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.