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 | |
|---|---|---|---|---|---|---|
|
NSR
1201
DELISTED
Neustar Inc
NSR
| $12.9K | 0.01% |
524,679
-11,056
| -2% | -$264K |
|
|
EE
1202
DELISTED
El Paso Electric Company
EE
| $12.9K | 0.01% |
281,305
+18,481
| +7% | +$760K |
|
1203
Valley National Bancorp
VLY
$8.04B
| $12.9K | 0.01% |
1,349,256
+75,900
| +6% | +$689K |
|
|
GRUB
1204
DELISTED
Just Eat Takeaway.com N.V. American Depositary Shares
GRUB
| $12.9K | 0.01% |
255,793
+8,971
| +4% | +$396K |
|
1205
Worthington Enterprises
WOR
$2.8B
| $12.8K | 0.01% |
583,821
+91,841
| +19% | +$1.76M |
|
1206
Granite Construction
GVA
$5.43B
| $12.8K | 0.01% |
268,091
+27,441
| +11% | +$1.12M |
|
|
RSPP
1207
DELISTED
RSP Permian, Inc.
RSPP
| $12.8K | 0.01% |
441,248
+9,339
| +2% | +$219K |
|
1208
Columbia Sportswear
COLM
$2.99B
| $12.8K | 0.01% |
213,018
+7,518
| +4% | +$413K |
|
|
CRZO
1209
DELISTED
Carrizo Oil & Gas Inc
CRZO
| $12.8K | 0.01% |
412,630
+55,909
| +16% | +$1.41M |
|
|
WBT
1210
DELISTED
Welbilt, Inc.
WBT
| $12.7K | 0.01% |
+862,327
| New | +$12.5M |
|
1211
WD-40
WDFC
$3.04B
| $12.6K | 0.01% |
117,049
+7,152
| +7% | +$739K |
|
1212
Insulet
PODD
$11.7B
| $12.6K | 0.01% |
380,970
+8,041
| +2% | +$252K |
|
1213
Texas Capital Bancshares
TCBI
$4.4B
| $12.6K | 0.01% |
327,991
+34,218
| +12% | +$1.27M |
|
|
SPN
1214
DELISTED
Superior Energy Services, Inc.
SPN
| $12.6K | 0.01% |
94,012
+6,284
| +7% | +$684K |
|
1215
NETGEAR
NTGR
$645M
| $12.5K | 0.01% |
310,691
+37,381
| +14% | +$1.44M |
|
|
LGF
1216
DELISTED
Lions Gate Entertainment
LGF
| $12.5K | 0.01% |
573,851
+19,696
| +4% | +$470K |
|
|
STL
1217
DELISTED
Sterling Bancorp
STL
| $12.5K | 0.01% |
786,590
+9,160
| +1% | +$139K |
|
1218
Advanced Micro Devices
AMD
$790B
| $12.5K | 0.01% |
4,391,238
+188,119
| +4% | +$428K |
|
1219
LPL Financial
LPLA
$28.8B
| $12.5K | 0.01% |
504,233
+7,564
| +2% | +$204K |
|
1220
Tetra Tech
TTEK
$8.71B
| $12.5K | 0.01% |
2,090,885
+112,690
| +6% | +$599K |
|
|
DWA
1221
DELISTED
DREAMWORKS ANIMATION SKG INC CL-A
DWA
| $12.5K | 0.01% |
499,720
+27,957
| +6% | +$688K |
|
|
HI
1222
DELISTED
Hillenbrand
HI
| $12.5K | 0.01% |
416,269
+29,020
| +7% | +$801K |
|
|
DF
1223
DELISTED
Dean Foods Company
DF
| $12.5K | 0.01% |
719,526
+139,560
| +24% | +$2.64M |
|
1224
Wolverine World Wide
WWW
$1.65B
| $12.5K | 0.01% |
676,336
+47,598
| +8% | +$829K |
|
1225
Empire State Realty Trust
ESRT
$850M
| $12.5K | 0.01% |
710,523
+17,161
| +2% | +$283K |
|
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.