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 | |
|---|---|---|---|---|---|---|
|
VRNT
1126
DELISTED
Verint Systems
VRNT
| $14.2K | 0.01% |
837,039
+51,050
| +6% | +$930K |
|
|
BECN
1127
DELISTED
Beacon Roofing Supply, Inc.
BECN
| $14.2K | 0.01% |
346,123
+15,912
| +5% | +$605K |
|
|
WCC
1128
WESCO International
WCC
$17.5B
| $14.1K | 0.01% |
258,459
+1,605
| +0.6% | +$71.3K |
|
1129
MGE Energy Inc
MGEE
$3.03B
| $14.1K | 0.01% |
270,341
+20,315
| +8% | +$1M |
|
1130
Compass Minerals
CMP
$1.21B
| $14.1K | 0.01% |
199,096
+6,424
| +3% | +$460K |
|
1131
Ligand Pharmaceuticals
LGND
$5.79B
| $14.1K | 0.01% |
210,993
+4,252
| +2% | +$258K |
|
|
CLNY
1132
DELISTED
Colony Capital, Inc.
CLNY
| $14.1K | 0.01% |
838,312
+159,234
| +23% | +$2.68M |
|
1133
H.B. Fuller
FUL
$3.04B
| $14K | 0.01% |
330,214
+17,908
| +6% | +$670K |
|
|
FDC
1134
DELISTED
First Data Corporation
FDC
| $14K | 0.01% |
1,081,241
+41,953
| +4% | +$539K |
|
1135
WaFd
WAFD
$2.74B
| $14K | 0.01% |
616,817
+13,816
| +2% | +$299K |
|
|
PLCM
1136
DELISTED
POLYCOM INC
PLCM
| $13.9K | 0.01% |
1,248,092
-2,208
| -0.2% | -$23.2K |
|
|
LXK
1137
DELISTED
Lexmark Intl Inc
LXK
| $13.9K | 0.01% |
416,226
+31,453
| +8% | +$929K |
|
1138
Pacira BioSciences
PCRX
$1.05B
| $13.9K | 0.01% |
262,536
+13,435
| +5% | +$786K |
|
|
SAFM
1139
DELISTED
Sanderson Farms Inc
SAFM
| $13.9K | 0.01% |
154,103
-72,563
| -32% | -$6.09M |
|
|
EFII
1140
DELISTED
Electronics for Imaging
EFII
| $13.9K | 0.01% |
327,513
+18,794
| +6% | +$766K |
|
|
TCF
1141
DELISTED
TCF Financial Corporation
TCF
| $13.9K | 0.01% |
1,130,670
+127,071
| +13% | +$1.52M |
|
|
WPG
1142
DELISTED
Washington Prime Group Inc.
WPG
| $13.8K | 0.01% |
162,132
+8,194
| +5% | +$666K |
|
1143
Korn Ferry
KFY
$4.23B
| $13.8K | 0.01% |
488,836
+39,934
| +9% | +$1.14M |
|
1144
First Financial Bankshares
FFIN
$5.08B
| $13.8K | 0.01% |
933,850
+73,030
| +8% | +$1M |
|
|
CEB
1145
DELISTED
CEB Inc.
CEB
| $13.8K | 0.01% |
213,099
+3,060
| +1% | +$175K |
|
|
HZNP
1146
DELISTED
Horizon Therapeutics Public Limited Company Ordinary Shares
HZNP
| $13.8K | 0.01% |
831,978
+28,835
| +4% | +$505K |
|
1147
KBR
KBR
$4.67B
| $13.8K | 0.01% |
890,036
+32,750
| +4% | +$463K |
|
1148
Deckers Outdoor
DECK
$13.4B
| $13.7K | 0.01% |
1,376,418
-8,682
| -0.6% | -$75.1K |
|
|
CATM
1149
DELISTED
Cardtronics plc Class A Ordinary Shares (UK)
CATM
| $13.7K | 0.01% |
381,667
+15,955
| +4% | +$521K |
|
1150
Integra LifeSciences
IART
$1.39B
| $13.7K | 0.01% |
406,296
+14,540
| +4% | +$453K |
|
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.