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 | |
|---|---|---|---|---|---|---|
|
AXE
1351
DELISTED
Anixter International Inc
AXE
| $10.5K | 0.01% |
201,611
+14,331
| +8% | +$673K |
|
|
SPTN
1352
DELISTED
SpartanNash
SPTN
| $10.5K | 0.01% |
345,048
+43,199
| +14% | +$1.02M |
|
|
LTRPA
1353
DELISTED
Liberty TripAdvisor Holdings, Inc. Series A
LTRPA
| $10.5K | 0.01% |
471,704
+20,205
| +4% | +$444K |
|
1354
LCI Industries
LCII
$2.52B
| $10.4K | 0.01% |
161,969
+13,780
| +9% | +$810K |
|
|
NTUS
1355
DELISTED
Natus Medical Inc
NTUS
| $10.4K | 0.01% |
271,628
-7,238
| -3% | -$270K |
|
|
KNGT
1356
DELISTED
KNIGHT TRANSPORTATION INC
KNGT
| $10.4K | 0.01% |
398,698
+24,053
| +6% | +$629 |
|
|
AMWD
1357
DELISTED
American Woodmark
AMWD
| $10.4K | 0.01% |
139,465
+11,554
| +9% | +$779K |
|
|
NPBC
1358
DELISTED
NATL PENN BANCSHARES INC
NPBC
| $10.4K | 0.01% |
975,594
+22,253
| +2% | +$253K |
|
1359
Matador Resources
MTDR
$6.06B
| $10.4K | 0.01% |
547,252
+79,627
| +17% | +$1.32M |
|
|
DYN
1360
DELISTED
Dynegy, Inc.
DYN
| $10.4K | 0.01% |
722,036
+5,819
| +0.8% | +$66.3K |
|
1361
Prothena Corp
PRTA
$436M
| $10.4K | 0.01% |
251,692
+38,781
| +18% | +$1.52M |
|
1362
Vishay Intertechnology
VSH
$5.43B
| $10.4K | 0.01% |
848,415
+55,987
| +7% | +$643K |
|
1363
Penske Automotive Group
PAG
$14.3B
| $10.4K | 0.01% |
273,293
-1,174
| -0.4% | -$41.8K |
|
|
HRG
1364
DELISTED
HRG Group, Inc.
HRG
| $10.3K | 0.01% |
737,177
+7,052
| +1% | +$85.5K |
|
1365
Oil States International
OIS
$497M
| $10.3K | 0.01% |
325,464
+15,748
| +5% | +$425K |
|
|
CHSP
1366
DELISTED
Chesapeake Lodging Trust
CHSP
| $10.2K | 0.01% |
386,642
+15,924
| +4% | +$402K |
|
|
AXLL
1367
DELISTED
AXIALL CORP COM STK (DE)
AXLL
| $10.2K | 0.01% |
467,796
+29,296
| +7% | +$517K |
|
1368
Ironwood Pharmaceuticals
IRWD
$728M
| $10.2K | 0.01% |
1,113,678
+69,425
| +7% | +$573K |
|
1369
3D Systems Corp
DDD
$462M
| $10.2K | 0.01% |
658,537
+35,091
| +6% | +$362K |
|
|
IRDMB
1370
DELISTED
Iridium Communications Inc - 6.75% Series B
IRDMB
| – | – |
0
| – | – |
|
|
TVPT
1371
DELISTED
Travelport Worldwide Limited
TVPT
| $10.2K | 0.01% |
745,582
+70,552
| +10% | +$847K |
|
|
WPX
1372
DELISTED
WPX Energy, Inc.
WPX
| $10.2K | 0.01% |
1,454,985
+80,767
| +6% | +$412K |
|
1373
Precigen
PGEN
$2.36B
| $10.1K | 0.01% |
302,122
+6,605
| +2% | +$208K |
|
|
AAN.A
1374
DELISTED
The Aaron's Company Inc Class A
AAN.A
| $10.1K | 0.01% |
403,839
+12,658
| +3% | +$318 |
|
|
SVU
1375
DELISTED
SUPERVALU Inc.
SVU
| $10.1K | 0.01% |
250,733
+8,206
| +3% | +$292K |
|
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.