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 | |
|---|---|---|---|---|---|---|
851
Zebra Technologies
ZBRA
$14B
| $22.6K | 0.01% |
327,156
+12,505
| +4% | +$781K |
|
852
Viasat
VSAT
$10.6B
| $22.5K | 0.01% |
306,490
+12,242
| +4% | +$814K |
|
853
TD Synnex
SNX
$20.4B
| $22.5K | 0.01% |
485,372
-34,662
| -7% | -$1.55M |
|
854
Webster Financial
WBS
$12.5B
| $22.4K | 0.01% |
624,632
+9,467
| +2% | +$324K |
|
855
MSC Industrial Direct
MSM
$6.89B
| $22.3K | 0.01% |
292,078
+5,719
| +2% | +$383K |
|
856
Jabil
JBL
$33B
| $22.3K | 0.01% |
1,155,794
-142,608
| -11% | -$2.88M |
|
857
World Kinect Corp
WKC
$2.04B
| $22.2K | 0.01% |
457,408
-52,058
| -10% | -$2.23M |
|
|
CMD
858
DELISTED
Cantel Medical Corporation
CMD
| $22.1K | 0.01% |
310,022
+14,211
| +5% | +$892K |
|
|
ATML
859
DELISTED
ATMEL CORP
ATML
| $22.1K | 0.01% |
2,719,100
+108,779
| +4% | +$878K |
|
|
DNY
860
DELISTED
DONNELLEY R R & SONS CO
DNY
| $22.1K | 0.01% |
1,345,248
+46,686
| +4% | +$766 |
|
|
CNL
861
DELISTED
CLECO CRP (HOLDING CO)
CNL
| $22K | 0.01% |
398,737
+21,509
| +6% | +$1.09M |
|
|
CBI
862
DELISTED
Chicago Bridge & Iron Nv
CBI
| $22K | 0.01% |
601,241
+32,202
| +6% | +$1.15M |
|
863
BWX Technologies
BWXT
$15.5B
| $22K | 0.01% |
654,093
+16,493
| +3% | +$509K |
|
|
SAVE
864
DELISTED
Spirit Airlines, Inc.
SAVE
| $21.9K | 0.01% |
456,203
+16,056
| +4% | +$718K |
|
865
Royal Gold
RGLD
$16.8B
| $21.9K | 0.01% |
426,746
+10,714
| +3% | +$437K |
|
|
EGN
866
DELISTED
Energen
EGN
| $21.9K | 0.01% |
598,154
+123,898
| +26% | +$3.84M |
|
|
CCP
867
DELISTED
Care Capital Properties, Inc.
CCP
| $21.8K | 0.01% |
813,508
+160,019
| +24% | +$4.43M |
|
|
CONE
868
DELISTED
CyrusOne Inc Common Stock
CONE
| $21.8K | 0.01% |
477,319
+49,668
| +12% | +$1.9M |
|
869
Eagle Materials
EXP
$6.29B
| $21.8K | 0.01% |
310,633
+29,791
| +11% | +$1.74M |
|
|
BIG
870
DELISTED
Big Lots, Inc.
BIG
| $21.7K | 0.01% |
479,913
+139,099
| +41% | +$5.58M |
|
871
Westlake Corp
WLK
$9.03B
| $21.7K | 0.01% |
468,306
+37,281
| +9% | +$1.69M |
|
|
TMH
872
DELISTED
Team Health Holdings Inc
TMH
| $21.6K | 0.01% |
517,776
+27,443
| +6% | +$1.12M |
|
873
Bankunited
BKU
$3.37B
| $21.6K | 0.01% |
628,167
+13,499
| +2% | +$452K |
|
874
New Jersey Resources
NJR
$5.84B
| $21.6K | 0.01% |
592,209
+4,848
| +0.8% | +$168K |
|
875
The GEO Group
GEO
$4.13B
| $21.6K | 0.01% |
933,368
+16,052
| +2% | +$313K |
|
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.