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 | |
|---|---|---|---|---|---|---|
|
DOC
1251
DELISTED
PHYSICIANS REALTY TRUST
DOC
| $12.1K | 0.01% |
650,598
+127,402
| +24% | +$2.2M |
|
1252
Cable One
CABO
$254M
| $12K | 0.01% |
27,557
+1,249
| +5% | +$532K |
|
1253
CVB Financial
CVBF
$4.03B
| $12K | 0.01% |
689,977
+15,468
| +2% | +$244K |
|
1254
Columbia Banking Systems
COLB
$8.91B
| $12K | 0.01% |
402,025
+12,202
| +3% | +$358K |
|
|
DCH
1255
Dauch Corp
DCH
$1.38B
| $12K | 0.01% |
781,052
+95,128
| +14% | +$1.37M |
|
|
SYKE
1256
DELISTED
SYKES Enterprises Inc
SYKE
| $12K | 0.01% |
398,158
+49,279
| +14% | +$1.44M |
|
|
CHMT
1257
DELISTED
Chemtura Corporation
CHMT
| $12K | 0.01% |
453,850
-10,670
| -2% | -$273K |
|
1258
Boyd Gaming
BYD
$6.16B
| $12K | 0.01% |
579,850
+85,798
| +17% | +$1.52M |
|
|
KLXI
1259
DELISTED
KLX Inc.
KLXI
| $12K | 0.01% |
441,980
+39,890
| +10% | +$976K |
|
|
DBD
1260
DELISTED
Diebold Nixdorf Incorporated
DBD
| $12K | 0.01% |
414,237
+16,607
| +4% | +$434K |
|
1261
Coty
COTY
$2.46B
| $12K | 0.01% |
429,636
-39,533
| -8% | -$1.03M |
|
|
ISIL
1262
DELISTED
Intersil Corp
ISIL
| $11.9K | 0.01% |
893,803
+16,339
| +2% | +$204K |
|
1263
Haemonetics
HAE
$3.94B
| $11.9K | 0.01% |
341,519
+26,209
| +8% | +$846K |
|
1264
Veeva Systems
VEEV
$33.5B
| $11.9K | 0.01% |
476,978
+29,758
| +7% | +$729K |
|
1265
ICU Medical
ICUI
$4.32B
| $11.9K | 0.01% |
114,208
+16,706
| +17% | +$1.6M |
|
|
ZNGA
1266
DELISTED
ZYNGA INC. CL A COMMON
ZNGA
| $11.9K | 0.01% |
5,206,939
+52,113
| +1% | +$117K |
|
1267
RBC Bearings
RBC
$18B
| $11.9K | 0.01% |
161,976
+10,186
| +7% | +$646K |
|
|
TPH
1268
DELISTED
Tri Pointe Homes
TPH
| $11.8K | 0.01% |
1,003,797
+71,025
| +8% | +$750K |
|
1269
Scansource
SCSC
$1.16B
| $11.8K | 0.01% |
291,139
+13,205
| +5% | +$461K |
|
1270
Protolabs
PRLB
$1.91B
| $11.8K | 0.01% |
152,487
+6,363
| +4% | +$411K |
|
|
CHS
1271
DELISTED
Chicos FAS, Inc.
CHS
| $11.7K | 0.01% |
884,677
+15,594
| +2% | +$176K |
|
1272
Cooper-Standard Automotive
CPS
$538M
| $11.7K | 0.01% |
163,238
+47,213
| +41% | +$3.35M |
|
1273
Pricesmart
PSMT
$6.08B
| $11.7K | 0.01% |
138,576
+7,157
| +5% | +$556K |
|
1274
LiveRamp
RAMP
$2.3B
| $11.7K | 0.01% |
546,276
+27,562
| +5% | +$549K |
|
1275
Applied Industrial Technologies
AIT
$13B
| $11.7K | 0.01% |
269,660
+24,638
| +10% | +$971K |
|
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.