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 | |
|---|---|---|---|---|---|---|
|
BSF
2901
DELISTED
Bear State Financial, Inc.
BSF
| $843 | ﹤0.01% |
91,023
+10,450
| +13% | +$94.7K |
|
|
NVTA
2902
DELISTED
Invitae Corporation
NVTA
| $842 | ﹤0.01% |
82,336
+681
| +0.8% | +$5.41K |
|
|
SPNE
2903
DELISTED
SeaSpine Holdings Corporation Common Stock
SPNE
| $838 | ﹤0.01% |
57,250
+2,608
| +5% | +$36.2K |
|
|
CFMS
2904
DELISTED
Conformis, Inc. Common Stock
CFMS
| $837 | ﹤0.01% |
3,115
+409
| +15% | +$108K |
|
2905
Rapid7
RPD
$645M
| $835 | ﹤0.01% |
63,951
+9,989
| +19% | +$132K |
|
|
NUM
2906
DELISTED
Nuveen Michigan Quality Municipal Income Fund
NUM
| $834 | ﹤0.01% |
58,101
-24,868
| -30% | -$346K |
|
|
CSLT
2907
DELISTED
CASTLIGHT HEALTH, INC.
CSLT
| $827 | ﹤0.01% |
248,630
+2,763
| +1% | +$9.08K |
|
2908
Orion Group Holdings
ORN
$396M
| $826 | ﹤0.01% |
159,574
+2,109
| +1% | +$8.29K |
|
2909
Vince Holding Corp
VNCE
$81.3M
| $823 | ﹤0.01% |
13,015
+3,142
| +32% | +$176K |
|
|
ENZ
2910
DELISTED
Enzo Biochem, Inc.
ENZ
| $822 | ﹤0.01% |
180,845
+5,309
| +3% | +$23.6K |
|
2911
Aclaris Therapeutics
ACRS
$726M
| $819 | ﹤0.01% |
43,246
+6,679
| +18% | +$128K |
|
2912
Addus HomeCare
ADUS
$2.16B
| $819 | ﹤0.01% |
47,739
+3,090
| +7% | +$63.9K |
|
|
WLB
2913
DELISTED
Westmoreland Coal Company
WLB
| $819 | ﹤0.01% |
113,649
+1,291
| +1% | +$7.68K |
|
|
AEGR
2914
DELISTED
Aegerion Pharmaceuticals
AEGR
| $819 | ﹤0.01% |
221,684
+46,552
| +27% | +$288K |
|
2915
Ambev
ABEV
$48.1B
| $818 | ﹤0.01% |
157,975
-4,275
| -3% | -$19.7K |
|
|
EVDY
2916
DELISTED
Everyday Health, Inc.
EVDY
| $815 | ﹤0.01% |
145,829
-2,211
| -1% | -$10.9K |
|
|
AC
2917
DELISTED
Associated Capital Group
AC
| $813 | ﹤0.01% |
29,167
+460
| +2% | +$12.7K |
|
|
LAND
2918
Gladstone Land Corp
LAND
$350M
| $813 | ﹤0.01% |
80,772
+2,306
| +3% | +$19.4K |
|
2919
Ring Energy
REI
$315M
| $810 | ﹤0.01% |
160,463
+1,448
| +0.9% | +$7.19K |
|
2920
Donegal Group Class A
DGICA
$731M
| $808 | ﹤0.01% |
56,219
-347
| -0.6% | -$4.94K |
|
2921
Prudential
PUK
$37.6B
| $808 | ﹤0.01% |
22,401
-4,266
| -16% | -$154K |
|
|
ATRS
2922
DELISTED
Antares Pharma, Inc.
ATRS
| $802 | ﹤0.01% |
922,527
+5,999
| +0.7% | +$5.8K |
|
|
CASC
2923
DELISTED
Cascadian Therapeutics, Inc.
CASC
| $799 | ﹤0.01% |
104,972
+1,135
| +1% | +$8.74K |
|
|
VIA
2924
DELISTED
Via Renewables, Inc. Class A Common Stock
VIA
| $798 | ﹤0.01% |
17,746
+10,326
| +139% | +$605K |
|
|
IMDZ
2925
DELISTED
Immune Design Corp.
IMDZ
| $797 | ﹤0.01% |
61,384
+1,497
| +2% | +$17.3K |
|
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.