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 | |
|---|---|---|---|---|---|---|
2926
Alliance Resource Partners
ARLP
$3.31B
| $796 | ﹤0.01% |
68,416
+9,756
| +17% | +$119K |
|
2927
Evolent Health
EVH
$366M
| $792 | ﹤0.01% |
75,085
+948
| +1% | +$9.79K |
|
2928
Rio Tinto
RIO
$155B
| $792 | ﹤0.01% |
28,060
-3,247
| -10% | -$86.5K |
|
|
SNMX
2929
DELISTED
Senomyx, Inc.
SNMX
| $791 | ﹤0.01% |
304,257
+2,182
| +0.7% | +$6.85K |
|
|
GNRT
2930
DELISTED
Gener8 Maritime, Inc.
GNRT
| $789 | ﹤0.01% |
111,818
+12,790
| +13% | +$82.5K |
|
|
GNMX
2931
DELISTED
Aevi Genomic Medicine Inc
GNMX
| $786 | ﹤0.01% |
178,743
-2,378
| -1% | -$9.79K |
|
2932
Distribution Solutions Group
DSGR
$1.6B
| $785 | ﹤0.01% |
80,246
+3,624
| +5% | +$34.5K |
|
|
MN
2933
DELISTED
MANNING & NAPIER, INC.
MN
| $784 | ﹤0.01% |
97,170
-1,304
| -1% | -$9.61K |
|
2934
Genie Energy
GNE
$370M
| $783 | ﹤0.01% |
102,950
-168
| -0.2% | -$1.45K |
|
2935
Johnson Outdoors
JOUT
$501M
| $779 | ﹤0.01% |
35,069
-3,627
| -9% | -$79K |
|
|
PRGX
2936
DELISTED
PRGX Global, Inc.
PRGX
| $779 | ﹤0.01% |
165,233
-115
| -0.1% | -$456 |
|
|
NAVB
2937
DELISTED
Navidea Biopharmaceuticals Inc.
NAVB
| $779 | ﹤0.01% |
41,288
+480
| +1% | +$9.24K |
|
|
NVEE
2938
DELISTED
NV5 Global
NVEE
| $775 | ﹤0.01% |
115,652
+1,304
| +1% | +$6.72K |
|
|
NEFF
2939
DELISTED
Neff Corporation
NEFF
| $774 | ﹤0.01% |
104,083
+1,323
| +1% | +$7.11K |
|
|
PRTK
2940
DELISTED
Paratek Pharmaceuticals, Inc.
PRTK
| $772 | ﹤0.01% |
50,943
+2,289
| +5% | +$35K |
|
|
CLD
2941
DELISTED
Cloud Peak Energy Inc
CLD
| $770 | ﹤0.01% |
394,972
-100
| -0% | -$171 |
|
|
ECYT
2942
DELISTED
Endocyte, Inc. Common Stock
ECYT
| $761 | ﹤0.01% |
245,677
+6,022
| +3% | +$19.7K |
|
|
BBRG
2943
DELISTED
Bravo Brio Restaurant Group Inc.
BBRG
| $761 | ﹤0.01% |
98,284
-33
| -0% | -$268 |
|
2944
Alto Ingredients
ALTO
$366M
| $759 | ﹤0.01% |
162,375
+2,651
| +2% | +$10.4K |
|
2945
Farmers National Banc Corp
FMNB
$954M
| $758 | ﹤0.01% |
85,145
-74
| -0.1% | -$628 |
|
2946
WIX.com
WIX
$2.38B
| $757 | ﹤0.01% |
37,383
+2,428
| +7% | +$48.6K |
|
|
ENTL
2947
DELISTED
Entellus Medical, Inc. Common Stock
ENTL
| $757 | ﹤0.01% |
41,648
+3,160
| +8% | +$51.1K |
|
2948
Goldgroup Mining Inc.
GORO
$156M
| $756 | ﹤0.01% |
325,087
+32,236
| +11% | +$57.9K |
|
|
UMH.PRA.CL
2949
DELISTED
Umh Properties Inc
UMH.PRA.CL
| $753 | ﹤0.01% |
29,187
-500
| -2% | -$12.8K |
|
2950
Evolution Petroleum
EPM
$130M
| $750 | ﹤0.01% |
154,483
+1,690
| +1% | +$7.6K |
|
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.