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 | |
|---|---|---|---|---|---|---|
|
TIVO
1276
DELISTED
Tivo Inc
TIVO
| $11.7K | 0.01% |
570,607
+18,430
| +3% | +$366K |
|
1277
Axos Financial
AX
$5.9B
| $11.7K | 0.01% |
548,236
+174,629
| +47% | +$3.16M |
|
|
CADE
1278
DELISTED
Cadence Bank
CADE
| $11.7K | 0.01% |
547,922
+28,682
| +6% | +$596K |
|
|
WAGE
1279
DELISTED
WageWorks, Inc.
WAGE
| $11.7K | 0.01% |
230,388
+8,826
| +4% | +$396K |
|
|
B
1280
DELISTED
Barnes Group Inc.
B
| $11.7K | 0.01% |
332,598
+13,072
| +4% | +$433K |
|
1281
Groupon
GRPN
$1.05B
| $11.6K | 0.01% |
145,672
+4,716
| +3% | +$326K |
|
|
FMBI
1282
DELISTED
First Midwest Bancorp Inc/IL
FMBI
| $11.6K | 0.01% |
644,478
+20,548
| +3% | +$353K |
|
|
SYNH
1283
DELISTED
Syneos Health, Inc. Class A Common Stock
SYNH
| $11.6K | 0.01% |
281,612
+39,501
| +16% | +$1.63M |
|
1284
Choice Hotels
CHH
$4.93B
| $11.6K | 0.01% |
214,425
+5,454
| +3% | +$262K |
|
1285
BGC Group
BGC
$5.38B
| $11.6K | 0.01% |
1,990,178
+97,127
| +5% | +$558K |
|
1286
J&J Snack Foods
JJSF
$1.48B
| $11.6K | 0.01% |
106,918
+7,165
| +7% | +$773K |
|
1287
DNOW Inc
DNOW
$2.6B
| $11.6K | 0.01% |
653,182
+22,736
| +4% | +$350K |
|
1288
TFS Financial
TFSL
$5.17B
| $11.5K | 0.01% |
664,318
+9,906
| +2% | +$169K |
|
1289
HNI Corp
HNI
$3.43B
| $11.5K | 0.01% |
294,560
+13,439
| +5% | +$457K |
|
1290
Community Bank
CBU
$3.5B
| $11.5K | 0.01% |
301,783
+8,128
| +3% | +$303K |
|
|
EFOR
1291
Everforth Inc
EFOR
$1.22B
| $11.5K | 0.01% |
311,838
+18,456
| +6% | +$652K |
|
|
DO
1292
DELISTED
Diamond Offshore Drilling
DO
| $11.5K | 0.01% |
529,459
+8,680
| +2% | +$171K |
|
|
CRAY
1293
DELISTED
Cray, Inc.
CRAY
| $11.5K | 0.01% |
273,675
+5,466
| +2% | +$209K |
|
1294
Cogent Communications
CCOI
$663M
| $11.4K | 0.01% |
293,294
+6,372
| +2% | +$221K |
|
1295
Dorman Products
DORM
$3.82B
| $11.4K | 0.01% |
209,927
+12,003
| +6% | +$570K |
|
|
ARGO
1296
DELISTED
Argo Group International Holdings, Ltd.
ARGO
| $11.4K | 0.01% |
251,338
+21,489
| +9% | +$951K |
|
|
AAWW
1297
DELISTED
Atlas Air Worldwide Holdings, Inc.
AAWW
| $11.4K | 0.01% |
269,675
+20,046
| +8% | +$750K |
|
1298
EPR Properties 5.75% Series C Preferred Shares
EPR.PRC
$146M
| – | – |
0
| – | – |
|
1299
Methode Electronics
MEI
$499M
| $11.4K | 0.01% |
389,255
-1,664
| -0.4% | -$45.3K |
|
1300
News Corp Class B
NWS
$17.2B
| $11.3K | 0.01% |
857,961
+9,418
| +1% | +$117K |
|
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.