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 | |
|---|---|---|---|---|---|---|
3326
Chemung Financial Corp
CHMG
$393M
| $347 | ﹤0.01% |
13,182
+935
| +8% | +$25.4K |
|
3327
RCI Hospitality Holdings
RICK
$192M
| $344 | ﹤0.01% |
38,902
+2,233
| +6% | +$19.5K |
|
|
CDTX
3328
DELISTED
Cidara Therapeutics
CDTX
| $343 | ﹤0.01% |
1,351
+29
| +2% | +$6.68K |
|
|
MPX
3329
DELISTED
Marine Products Corp
MPX
| $343 | ﹤0.01% |
45,247
+1,905
| +4% | +$13.1K |
|
3330
Consolidated Water Co
CWCO
$467M
| $342 | ﹤0.01% |
28,190
+7,928
| +39% | +$89.1K |
|
|
EMWP
3331
DELISTED
Eros Media World PLC
EMWP
| $341 | ﹤0.01% |
1,485
+100
| +7% | +$17.1K |
|
|
CVRR
3332
DELISTED
CVR Refining, LP
CVRR
| $341 | ﹤0.01% |
28,310
+1,147
| +4% | +$16.3K |
|
|
MHGC
3333
DELISTED
Morgans Hotel Group Co.
MHGC
| $341 | ﹤0.01% |
247,412
-95
| -0% | -$156 |
|
3334
CVD Equipment Corp
CVV
$50M
| $339 | ﹤0.01% |
40,414
| – | – |
|
3335
Champion Homes
SKY
$4.37B
| $338 | ﹤0.01% |
36,543
| – | – |
|
3336
Vuzix
VUZI
$194M
| $338 | ﹤0.01% |
63,497
| – | – |
|
3337
Weibo
WB
$2B
| $338 | ﹤0.01% |
18,871
-1,592
| -8% | -$25.6K |
|
|
USAP
3338
DELISTED
Universal Stainless & Alloy
USAP
| $338 | ﹤0.01% |
33,202
-17
| -0.1% | -$142 |
|
|
MBTF
3339
DELISTED
MBT Financial Corporation
MBTF
| $336 | ﹤0.01% |
41,784
-329
| -0.8% | -$2.54K |
|
|
RTK
3340
DELISTED
Rentech, Inc.
RTK
| $335 | ﹤0.01% |
151,051
+2,981
| +2% | +$6.45K |
|
3341
Willdan Group
WLDN
$1.04B
| $334 | ﹤0.01% |
34,711
| – | – |
|
3342
Richardson Electronics
RELL
$267M
| $333 | ﹤0.01% |
64,618
-32
| -0% | -$166 |
|
3343
Ultralife
ULBI
$86.4M
| $333 | ﹤0.01% |
65,180
-60
| -0.1% | -$325 |
|
|
OXFD
3344
DELISTED
Oxford Immunotec Global PLC Ordinary Shares
OXFD
| $333 | ﹤0.01% |
33,614
+8,180
| +32% | +$83.9K |
|
|
VOLT
3345
DELISTED
Volt Information Sciences, Inc.
VOLT
| $332 | ﹤0.01% |
44,095
+1,127
| +3% | +$8.23K |
|
|
AMRS
3346
DELISTED
Amyris Inc.
AMRS
| $331 | ﹤0.01% |
19,911
+2,064
| +12% | +$42.4K |
|
|
ALTA
3347
DELISTED
Altabancorp
ALTA
| $331 | ﹤0.01% |
20,942
+2,349
| +13% | +$36.6K |
|
|
LF
3348
DELISTED
LEAPFROG ENTERPRISES INC.
LF
| $331 | ﹤0.01% |
333,465
| – | – |
|
3349
Energy Focus
EFOI
$19.4M
| $329 | ﹤0.01% |
1,268
+43
| +4% | +$15.2K |
|
3350
GSI Technology
GSIT
$215M
| $329 | ﹤0.01% |
80,321
-146
| -0.2% | -$543 |
|
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.