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 | |
|---|---|---|---|---|---|---|
1326
Progress Software
PRGS
$1.7B
| $10.9K | 0.01% |
450,979
+31,208
| +7% | +$766K |
|
1327
Brink's
BCO
$4.76B
| $10.9K | 0.01% |
323,554
+27,694
| +9% | +$814K |
|
|
SNCR
1328
DELISTED
Synchronoss Technologies
SNCR
| $10.9K | 0.01% |
37,292
+8,984
| +32% | +$2.34M |
|
1329
Rambus
RMBS
$10B
| $10.8K | 0.01% |
788,840
+33,812
| +4% | +$419K |
|
1330
Simpson Manufacturing
SSD
$7.91B
| $10.8K | 0.01% |
283,009
+26,888
| +10% | +$910K |
|
1331
Globus Medical
GMED
$11.1B
| $10.8K | 0.01% |
454,603
+6,068
| +1% | +$148K |
|
1332
Nexstar Media Group
NXST
$5.88B
| $10.8K | 0.01% |
243,304
+44,181
| +22% | +$2M |
|
1333
AMN Healthcare
AMN
$1.28B
| $10.8K | 0.01% |
320,143
+20,081
| +7% | +$574K |
|
1334
Trustmark
TRMK
$2.8B
| $10.7K | 0.01% |
466,579
+17,275
| +4% | +$381K |
|
|
GWB
1335
DELISTED
Great Western Bancorp, Inc.
GWB
| $10.7K | 0.01% |
393,707
+8,470
| +2% | +$217K |
|
1336
Itron
ITRI
$4.42B
| $10.7K | 0.01% |
257,212
+6,845
| +3% | +$253K |
|
1337
Carpenter Technology
CRS
$27B
| $10.7K | 0.01% |
312,453
+2,727
| +0.9% | +$80.3K |
|
1338
Papa John's
PZZA
$1.02B
| $10.7K | 0.01% |
197,294
+5,006
| +3% | +$263K |
|
|
SIR
1339
DELISTED
SELECT INCOME REIT
SIR
| $10.7K | 0.01% |
1,055,015
+83,840
| +9% | +$745K |
|
1340
New York Times
NYT
$12.2B
| $10.7K | 0.01% |
855,934
-35,291
| -4% | -$447K |
|
1341
Viavi Solutions
VIAV
$9.31B
| $10.6K | 0.01% |
1,551,602
+54,656
| +4% | +$329K |
|
|
STMP
1342
DELISTED
Stamps.com, Inc.
STMP
| $10.6K | 0.01% |
100,066
+2,805
| +3% | +$287K |
|
|
EDE
1343
DELISTED
Empire District Electric
EDE
| $10.6K | 0.01% |
320,960
+2,512
| +0.8% | +$78.1K |
|
1344
Plexus
PLXS
$6.98B
| $10.6K | 0.01% |
267,947
+20,847
| +8% | +$739K |
|
1345
Gentherm
THRM
$1.28B
| $10.6K | 0.01% |
254,484
+22,291
| +10% | +$901K |
|
1346
FTI Consulting
FCN
$4.37B
| $10.6K | 0.01% |
297,537
+9,679
| +3% | +$324K |
|
1347
Genesco
GCO
$435M
| $10.6K | 0.01% |
146,145
+1,527
| +1% | +$98.5K |
|
|
JBTM
1348
JBT Marel
JBTM
$7.41B
| $10.5K | 0.01% |
186,947
+4,743
| +3% | +$231K |
|
1349
Dine Brands
DIN
$458M
| $10.5K | 0.01% |
112,732
+14,558
| +15% | +$1.28M |
|
1350
Wabash National
WNC
$508M
| $10.5K | 0.01% |
795,910
-16,986
| -2% | -$198K |
|
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.