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 | |
|---|---|---|---|---|---|---|
1026
MGIC Investment
MTG
$6.16B
| $16.9K | 0.01% |
2,198,544
+149,955
| +7% | +$1.07M |
|
|
S
1027
DELISTED
Sprint Corporation
S
| $16.8K | 0.01% |
4,820,782
+230,586
| +5% | +$737K |
|
1028
Pebblebrook Hotel Trust
PEB
$2.15B
| $16.7K | 0.01% |
575,566
+25,839
| +5% | +$669K |
|
|
ANAC
1029
DELISTED
ANACOR PHARMACEUTICALS INC COM
ANAC
| $16.7K | 0.01% |
312,998
+15,243
| +5% | +$1.13M |
|
|
CAA
1030
DELISTED
CalAtlantic Group, Inc.
CAA
| $16.7K | 0.01% |
500,443
+17,476
| +4% | +$547K |
|
1031
Allegiant Air
ALGT
$2.64B
| $16.7K | 0.01% |
93,650
+4,871
| +5% | +$795K |
|
1032
Terex
TEX
$7.18B
| $16.7K | 0.01% |
669,634
+38,945
| +6% | +$815K |
|
|
LNCE
1033
DELISTED
Snyders-Lance, Inc.
LNCE
| $16.6K | 0.01% |
526,148
+178,822
| +51% | +$5.72M |
|
1034
FNB Corp
FNB
$6.73B
| $16.6K | 0.01% |
1,272,955
+222,561
| +21% | +$2.77M |
|
1035
Huntsman Corp
HUN
$1.71B
| $16.5K | 0.01% |
1,243,131
+61,479
| +5% | +$635K |
|
1036
Crane NXT
CXT
$2.99B
| $16.5K | 0.01% |
882,647
-20,193
| -2% | -$345K |
|
1037
Belden
BDC
$4.85B
| $16.4K | 0.01% |
267,937
+8,447
| +3% | +$417K |
|
1038
U-Haul Holding Co
UHAL
$13.9B
| $16.4K | 0.01% |
458,160
+15,180
| +3% | +$528K |
|
|
XHR
1039
Xenia Hotels & Resorts
XHR
$1.9B
| $16.3K | 0.01% |
1,044,829
+81,080
| +8% | +$1.2M |
|
1040
Ultragenyx Pharmaceutical
RARE
$2.45B
| $16.3K | 0.01% |
257,713
+9,987
| +4% | +$653K |
|
|
FCS
1041
DELISTED
FAIRCHILD SEMICONDUCTOR INTL INC COMMON
FCS
| $16.3K | 0.01% |
814,597
+28,564
| +4% | +$579K |
|
|
MNDT
1042
DELISTED
Mandiant, Inc. Common Stock
MNDT
| $16.3K | 0.01% |
904,915
+32,300
| +4% | +$526K |
|
1043
Nabors Industries
NBR
$1.27B
| $16.2K | 0.01% |
35,324
-149
| -0.4% | -$55.3K |
|
1044
First Citizens BancShares
FCNCA
$24.9B
| $16.2K | 0.01% |
64,655
+4,684
| +8% | +$1.13M |
|
1045
Monolithic Power Systems
MPWR
$70.1B
| $16.2K | 0.01% |
255,051
+16,840
| +7% | +$1M |
|
1046
Wendy's
WEN
$1.4B
| $16.2K | 0.01% |
1,487,233
+23,616
| +2% | +$234K |
|
|
MBFI
1047
DELISTED
MB Financial Corp
MBFI
| $16.2K | 0.01% |
498,589
+45,088
| +10% | +$1.39M |
|
|
ELME
1048
Elme Communities
ELME
$143M
| $16.2K | 0.01% |
553,371
+38,625
| +8% | +$1.02M |
|
1049
Erie Indemnity
ERIE
$12.7B
| $16.2K | 0.01% |
173,794
+6,985
| +4% | +$657K |
|
1050
EnerSys
ENS
$6.78B
| $16.2K | 0.01% |
289,894
+9,112
| +3% | +$471K |
|
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.