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 | |
|---|---|---|---|---|---|---|
2851
KVH Industries
KVHI
$180M
| $913 | ﹤0.01% |
95,635
+985
| +1% | +$8.83K |
|
|
FRSH
2852
DELISTED
Papa Murphy's Holdings, Inc
FRSH
| $908 | ﹤0.01% |
76,006
+713
| +0.9% | +$7.3K |
|
|
UN
2853
DELISTED
Unilever NV New York Registry Shares
UN
| $908 | ﹤0.01% |
20,324
+2,591
| +15% | +$112K |
|
|
EBTC
2854
DELISTED
Enterprise Bancorp
EBTC
| $903 | ﹤0.01% |
34,445
+1,288
| +4% | +$28.8K |
|
2855
Lipocine
LPCN
$17.2M
| $903 | ﹤0.01% |
5,233
-3
| -0.1% | -$512 |
|
2856
Silicon Motion
SIMO
$8.6B
| $899 | ﹤0.01% |
23,177
+10,662
| +85% | +$344K |
|
|
ORIG
2857
DELISTED
Ocean Rig UDW Inc. Class A Common Shares
ORIG
| $899 | ﹤0.01% |
119
+43
| +57% | +$415K |
|
|
CAF
2858
Morgan Stanley China A Share Fund
CAF
$318M
| – | – |
0
| – | – |
|
2859
Smith & Nephew
SNN
$13.5B
| $897 | ﹤0.01% |
26,943
-1,004
| -4% | -$32.9K |
|
2860
Trupanion
TRUP
$1.09B
| $896 | ﹤0.01% |
90,991
+857
| +1% | +$7.67K |
|
|
AGFS
2861
DELISTED
AgroFresh Solutions Inc
AGFS
| $896 | ﹤0.01% |
140,001
-147
| -0.1% | -$799 |
|
|
MB
2862
DELISTED
MINDBODY, Inc. Class A Common Stock
MB
| $895 | ﹤0.01% |
67,153
+24,444
| +57% | +$307K |
|
2863
Freshpet
FRPT
$2.91B
| $892 | ﹤0.01% |
121,710
+4,177
| +4% | +$29.1K |
|
2864
National Grid
NGG
$80B
| $892 | ﹤0.01% |
12,946
-3,320
| -20% | -$222K |
|
2865
KRONOS Worldwide
KRO
$702M
| $889 | ﹤0.01% |
155,593
+5,229
| +3% | +$27.3K |
|
|
NWHM
2866
DELISTED
THE NEW HOME COMPANY INC.
NWHM
| $889 | ﹤0.01% |
72,532
+712
| +1% | +$7.17K |
|
|
WUBA
2867
DELISTED
58.com Inc
WUBA
| $889 | ﹤0.01% |
16,165
+4,727
| +41% | +$261K |
|
2868
SFL Corp
SFL
$1.64B
| $888 | ﹤0.01% |
63,939
-55,304
| -46% | -$744K |
|
2869
Diageo
DEO
$49.2B
| $886 | ﹤0.01% |
8,215
-1,589
| -16% | -$168K |
|
|
CIO
2870
DELISTED
City Office REIT
CIO
| $884 | ﹤0.01% |
77,571
| – | – |
|
2871
Boot Barn
BOOT
$4.88B
| $881 | ﹤0.01% |
93,926
+21,503
| +30% | +$192K |
|
2872
CytomX Therapeutics
CTMX
$681M
| $880 | ﹤0.01% |
68,254
+10,184
| +18% | +$141K |
|
2873
Anavex Life Sciences
AVXL
$272M
| $879 | ﹤0.01% |
179,549
+57,572
| +47% | +$253K |
|
|
WPZ
2874
DELISTED
Williams Partners L.P.
WPZ
| $877 | ﹤0.01% |
+42,929
| New | +$842K |
|
|
ANTH
2875
DELISTED
Anthera Pharmaceuticals, Inc.
ANTH
| $876 | ﹤0.01% |
30,251
+287
| +1% | +$7.79K |
|
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.