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 | |
|---|---|---|---|---|---|---|
1176
EXL Service
EXLS
$5.22B
| $13.3K | 0.01% |
1,287,955
+114,250
| +10% | +$1.05M |
|
1177
Commault Systems
CVLT
$5.13B
| $13.3K | 0.01% |
308,665
+30,078
| +11% | +$1.11M |
|
|
JNS
1178
DELISTED
Janus Capital Group Inc
JNS
| $13.3K | 0.01% |
909,658
+13,708
| +2% | +$178K |
|
|
KW
1179
DELISTED
Kennedy-Wilson Holdings
KW
| $13.3K | 0.01% |
606,265
+30,353
| +5% | +$601K |
|
|
HPP
1180
Hudson Pacific Properties
HPP
$784M
| $13.3K | 0.01% |
65,572
+1,189
| +2% | +$216K |
|
|
USG
1181
DELISTED
Usg
USG
| $13.3K | 0.01% |
534,379
+25,613
| +5% | +$532K |
|
1182
Entegris
ENTG
$18.9B
| $13.2K | 0.01% |
971,993
+55,683
| +6% | +$674K |
|
1183
Northwest Bancshares
NWBI
$2.33B
| $13.2K | 0.01% |
977,188
+55,731
| +6% | +$709K |
|
|
CORE
1184
DELISTED
Core Mark Holding Co., Inc.
CORE
| $13.2K | 0.01% |
323,616
+27,034
| +9% | +$1.04M |
|
1185
Hilltop Holdings
HTH
$2.28B
| $13.2K | 0.01% |
698,869
+17,020
| +2% | +$287K |
|
|
SF
1186
Stifel
SF
$12.6B
| $13.2K | 0.01% |
1,000,292
+36,826
| +4% | +$523K |
|
1187
Children's Place
PLCE
$56.5M
| $13.1K | 0.01% |
157,515
+24,220
| +18% | +$1.65M |
|
1188
UFP Industries
UFPI
$5.13B
| $13.1K | 0.01% |
458,457
+28,038
| +7% | +$668K |
|
1189
Evercore
EVR
$12.2B
| $13.1K | 0.01% |
253,368
+21,875
| +9% | +$1.05M |
|
1190
La-Z-Boy
LZB
$1.64B
| $13.1K | 0.01% |
489,208
+28,548
| +6% | +$668K |
|
|
FNSR
1191
DELISTED
Finisar Corp
FNSR
| $13.1K | 0.01% |
717,091
+28,397
| +4% | +$408K |
|
1192
Lithia Motors
LAD
$8.36B
| $13.1K | 0.01% |
149,455
+6,986
| +5% | +$600K |
|
|
MRD
1193
DELISTED
MEMORIAL RESOURCE DEV CORP COM STK (DE)
MRD
| $13K | 0.01% |
1,281,598
+676,411
| +112% | +$8M |
|
|
HAWK
1194
DELISTED
Blackhawk Network Holdings, Inc. Common Stock
HAWK
| $13K | 0.01% |
379,461
+25,117
| +7% | +$914K |
|
|
KITE
1195
DELISTED
Kite Pharma, Inc.
KITE
| $13K | 0.01% |
282,806
+14,380
| +5% | +$697K |
|
|
AVP
1196
DELISTED
Avon Products, Inc.
AVP
| $13K | 0.01% |
2,694,487
+131,047
| +5% | +$468K |
|
1197
Neogen
NEOG
$2.61B
| $13K | 0.01% |
686,395
+36,574
| +6% | +$696K |
|
1198
Universal Corp
UVV
$1.3B
| $12.9K | 0.01% |
227,352
+3,257
| +1% | +$177K |
|
|
ASNA
1199
DELISTED
Ascena Retail Group, Inc.
ASNA
| $12.9K | 0.01% |
58,385
+2,369
| +4% | +$418K |
|
|
SJI
1200
DELISTED
South Jersey Industries, Inc.
SJI
| $12.9K | 0.01% |
453,861
+10,401
| +2% | +$267K |
|
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.