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 | |
|---|---|---|---|---|---|---|
|
CSC
726
DELISTED
Computer Sciences
CSC
| $29K | 0.02% |
843,164
+28,524
| +4% | +$861K |
|
|
UMPQ
727
DELISTED
Umpqua Holdings Corp
UMPQ
| $29K | 0.02% |
1,826,464
+104,581
| +6% | +$1.58M |
|
728
NXP Semiconductors
NXPI
$57.8B
| $28.9K | 0.02% |
358,841
+58,750
| +20% | +$4.38M |
|
|
PACW
729
DELISTED
PacWest Bancorp
PACW
| $28.8K | 0.02% |
776,514
+66,378
| +9% | +$2.35M |
|
730
White Mountains Insurance
WTM
$5.2B
| $28.8K | 0.02% |
35,930
+1,137
| +3% | +$851K |
|
731
Service Corp International
SCI
$11.7B
| $28.7K | 0.02% |
1,164,359
+43,336
| +4% | +$1.03M |
|
|
AMSG
732
DELISTED
Amsurg Corp
AMSG
| $28.6K | 0.02% |
383,828
+33,596
| +10% | +$2.37M |
|
733
Fortinet
FTNT
$119B
| $28.6K | 0.02% |
4,673,040
+216,160
| +5% | +$1.19M |
|
|
EQC
734
DELISTED
Equity Commonwealth
EQC
| $28.5K | 0.02% |
1,008,657
+54,248
| +6% | +$1.47M |
|
735
Keysight
KEYS
$54.5B
| $28.4K | 0.02% |
1,022,842
+42,298
| +4% | +$1.06M |
|
736
Ryder
R
$9.83B
| $28.3K | 0.02% |
437,703
+6,227
| +1% | +$354K |
|
|
ENH
737
DELISTED
Endurance Specialty Holdings Ltd
ENH
| $28K | 0.01% |
429,264
+5,335
| +1% | +$334K |
|
738
Teradyne
TER
$57.6B
| $28K | 0.01% |
1,298,664
+59,842
| +5% | +$1.17M |
|
|
SGI
739
Somnigroup International
SGI
$13.7B
| $28K | 0.01% |
1,844,272
+433,760
| +31% | +$6.42M |
|
740
Manhattan Associates
MANH
$11.2B
| $27.9K | 0.01% |
490,552
+10,200
| +2% | +$567K |
|
|
BERY
741
DELISTED
Berry Global Group, Inc.
BERY
| $27.9K | 0.01% |
839,651
-131,105
| -14% | -$3.82M |
|
|
DST
742
DELISTED
DST Systems Inc.
DST
| $27.9K | 0.01% |
494,002
-18,702
| -4% | -$996K |
|
743
Graco
GGG
$12.9B
| $27.7K | 0.01% |
989,169
+18,756
| +2% | +$468K |
|
|
DCT
744
DELISTED
DCT Industrial Trust Inc.
DCT
| $27.7K | 0.01% |
701,049
+53,879
| +8% | +$1.97M |
|
745
Molina Healthcare
MOH
$10.2B
| $27.6K | 0.01% |
428,243
+719
| +0.2% | +$42.7K |
|
|
SIX
746
DELISTED
Six Flags Entertainment Corp.
SIX
| $27.6K | 0.01% |
496,910
+11,285
| +2% | +$581K |
|
747
Liberty Media Series A
FWONA
$22.5B
| $27.6K | 0.01% |
1,061,765
+37,417
| +4% | +$908K |
|
748
Dick's Sporting Goods
DKS
$17.5B
| $27.5K | 0.01% |
588,709
-116,602
| -17% | -$4.74M |
|
749
Burlington
BURL
$23.2B
| $27.5K | 0.01% |
488,392
+27,272
| +6% | +$1.42M |
|
|
DNKN
750
DELISTED
Dunkin' Brands Group, Inc.
DNKN
| $27.4K | 0.01% |
581,804
+14,662
| +3% | +$629K |
|
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.