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 | |
|---|---|---|---|---|---|---|
2876
QuinStreet
QNST
$907M
| $875 | ﹤0.01% |
255,999
-187
| -0.1% | -$634 |
|
|
AVHI
2877
DELISTED
A V Homes, Inc.
AVHI
| $875 | ﹤0.01% |
77,076
+689
| +0.9% | +$7.28K |
|
2878
FerroAtlántica
GSM
$611M
| $874 | ﹤0.01% |
99,292
+33,270
| +50% | +$287K |
|
|
MFSF
2879
DELISTED
MutualFirst Financial Inc
MFSF
| $874 | ﹤0.01% |
34,717
+1,182
| +4% | +$29K |
|
|
AUO
2880
DELISTED
AU Optronics Corp
AUO
| $871 | ﹤0.01% |
295,386
-347,365
| -54% | -$944K |
|
2881
Nathan's Famous
NATH
$404M
| $866 | ﹤0.01% |
19,883
+358
| +2% | +$17.4K |
|
2882
TechTarget
TTGT
$332M
| $866 | ﹤0.01% |
116,818
+1,032
| +0.9% | +$7.67K |
|
|
CTLP
2883
DELISTED
Cantaloupe
CTLP
| $865 | ﹤0.01% |
198,511
+22,688
| +13% | +$81.7K |
|
|
CBR
2884
DELISTED
CIBER Inc.
CBR
| $865 | ﹤0.01% |
410,300
+4,595
| +1% | +$11.7K |
|
|
ANCX
2885
DELISTED
Access National Corp
ANCX
| $864 | ﹤0.01% |
43,610
+1,561
| +4% | +$29.1K |
|
|
CARO
2886
DELISTED
Carolina Financial Corp.
CARO
| $858 | ﹤0.01% |
46,251
+2,410
| +5% | +$40.8K |
|
|
UDF
2887
DELISTED
UNITED DEV FDG IV COM SHS OF BENE INT (TX)
UDF
| $857 | ﹤0.01% |
267,956
+3,122
| +1% | +$27.8K |
|
2888
Larimar Therapeutics
LRMR
$403M
| $856 | ﹤0.01% |
10,679
+997
| +10% | +$78.7K |
|
2889
Marchex
MCHX
$80.6M
| $856 | ﹤0.01% |
192,458
-77
| -0% | -$309 |
|
2890
Cardiff Oncology
CRDF
$71.2M
| $853 | ﹤0.01% |
2,548
+33
| +1% | +$11.2K |
|
|
XBKS
2891
DELISTED
Xenith Bankshares, Inc. Common Stock
XBKS
| $853 | ﹤0.01% |
48,217
+1,456
| +3% | +$25.3K |
|
2892
NRC Health Common Stock
NRC
$445M
| $852 | ﹤0.01% |
54,807
+2,503
| +5% | +$36.7K |
|
2893
Credicorp
BAP
$31.6B
| $849 | ﹤0.01% |
6,502
-32,412
| -83% | -$3.57M |
|
|
GBT
2894
DELISTED
Global Blood Therapeutics, Inc.
GBT
| $847 | ﹤0.01% |
53,433
+1,334
| +3% | +$23.7K |
|
2895
Energous
WATT
$87.4M
| $846 | ﹤0.01% |
140
+14
| +11% | +$57.7K |
|
2896
Natera
NTRA
$38.7B
| $845 | ﹤0.01% |
88,776
+18,489
| +26% | +$156K |
|
2897
BlackRock Resources & Commodities Strategy Trust
BCX
$911M
| $844 | ﹤0.01% |
+117,073
| New | +$782K |
|
2898
Crawford & Co Class B
CRD.B
$497M
| $844 | ﹤0.01% |
130,366
+1,661
| +1% | +$8.25K |
|
|
TAX
2899
DELISTED
Liberty Tax, Inc. Class A
TAX
| $844 | ﹤0.01% |
43,086
+1,567
| +4% | +$29.7K |
|
|
KONA
2900
DELISTED
Kona Grill, Inc.
KONA
| $843 | ﹤0.01% |
65,140
+8,254
| +15% | +$117K |
|
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.