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 | |
|---|---|---|---|---|---|---|
826
Transocean
RIG
$5.89B
| $23.5K | 0.01% |
2,573,954
+76,425
| +3% | +$760K |
|
827
Hawaiian Electric Industries
HE
$2.23B
| $23.5K | 0.01% |
724,171
+78,146
| +12% | +$2.34M |
|
|
GPT
828
DELISTED
Gramercy Property Trust
GPT
| $23.4K | 0.01% |
923,245
+69,418
| +8% | +$1.56M |
|
829
MDU Resources
MDU
$4.17B
| $23.4K | 0.01% |
3,157,456
+44,503
| +1% | +$300K |
|
|
DFT
830
DELISTED
DuPont Fabros Technology Inc.
DFT
| $23.3K | 0.01% |
575,804
+63,682
| +12% | +$2.21M |
|
|
HPY
831
DELISTED
HEARTLAND PAYMENT SYSTEMS, INC. COM STK
HPY
| $23.3K | 0.01% |
241,641
+7,159
| +3% | +$659K |
|
|
PPLI
832
People Inc
PPLI
$3.09B
| $23.3K | 0.01% |
2,772,166
+211,361
| +8% | +$1.82M |
|
833
NewMarket
NEU
$7.82B
| $23.3K | 0.01% |
58,713
+1,251
| +2% | +$459K |
|
834
Bank OZK
OZK
$5.6B
| $23.2K | 0.01% |
553,253
+32,910
| +6% | +$1.39M |
|
|
SKX
835
DELISTED
Skechers
SKX
| $23.2K | 0.01% |
762,454
+32,918
| +5% | +$991K |
|
836
Cinemark Holdings
CNK
$4.24B
| $23.2K | 0.01% |
647,707
+45,594
| +8% | +$1.45M |
|
837
Ziff Davis
ZD
$1.96B
| $23.1K | 0.01% |
432,106
+90,788
| +27% | +$5.5M |
|
|
PDM
838
Piedmont Realty Trust
PDM
$1.21B
| $23.1K | 0.01% |
1,136,468
+24,178
| +2% | +$451K |
|
839
Neurocrine Biosciences
NBIX
$16.8B
| $23.1K | 0.01% |
582,969
+28,169
| +5% | +$1.12M |
|
840
Rithm Capital
RITM
$5.52B
| $23.1K | 0.01% |
1,982,382
+56,931
| +3% | +$631K |
|
841
Charles River Laboratories
CRL
$11.2B
| $23K | 0.01% |
302,940
+32,224
| +12% | +$2.39M |
|
842
Portland General Electric
POR
$5.8B
| $23K | 0.01% |
582,443
+42,559
| +8% | +$1.63M |
|
843
Bio-Techne
TECH
$11.2B
| $23K | 0.01% |
971,372
+46,088
| +5% | +$1.02M |
|
844
NCR Voyix
VYX
$1.14B
| $22.9K | 0.01% |
1,249,261
-10,605
| -0.8% | -$152K |
|
845
Tenet Healthcare
THC
$20.5B
| $22.9K | 0.01% |
793,231
+8,677
| +1% | +$226K |
|
846
AGCO
AGCO
$7.15B
| $22.9K | 0.01% |
460,039
+10,192
| +2% | +$490K |
|
847
IPG Photonics
IPGP
$3.61B
| $22.8K | 0.01% |
237,334
+11,364
| +5% | +$964K |
|
|
EVHC
848
DELISTED
Envision Healthcare Holdings Inc
EVHC
| $22.7K | 0.01% |
372,425
+16,954
| +5% | +$1.11M |
|
|
FNFG
849
DELISTED
FIRST NIAGARA FINANCIAL GROUP INC
FNFG
| $22.6K | 0.01% |
2,339,463
+53,780
| +2% | +$520K |
|
|
CBL
850
DELISTED
CBL& Associates Properties, Inc.
CBL
| $22.6K | 0.01% |
1,898,361
+204,204
| +12% | +$2.31M |
|
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.