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 | |
|---|---|---|---|---|---|---|
|
MINI
1376
DELISTED
Mobile Mini Inc
MINI
| $10.1K | 0.01% |
306,120
+5,748
| +2% | +$162K |
|
1377
Mine Safety
MSA
$7.43B
| $10.1K | 0.01% |
208,854
+15,803
| +8% | +$682K |
|
|
PINC
1378
DELISTED
Premier
PINC
| $10.1K | 0.01% |
302,214
+13,860
| +5% | +$451K |
|
1379
Eagle Bancorp
EGBN
$849M
| $10.1K | 0.01% |
210,004
+3,790
| +2% | +$178K |
|
1380
Kaiser Aluminum
KALU
$2.68B
| $10.1K | 0.01% |
119,194
+5,888
| +5% | +$463K |
|
|
WMGI
1381
DELISTED
Wright Medical Group Inc
WMGI
| $10.1K | 0.01% |
606,232
+14,023
| +2% | +$260K |
|
|
WLL
1382
DELISTED
Whiting Petroleum Corporation
WLL
| $10.1K | 0.01% |
4,199
+45
| +1% | +$88.4K |
|
1383
Northwest Natural Holdings
NWN
$2.06B
| $10.1K | 0.01% |
186,638
+17,943
| +11% | +$924K |
|
1384
HUB Group
HUBG
$2.83B
| $10K | 0.01% |
492,450
+22,652
| +5% | +$392K |
|
|
BID
1385
DELISTED
Sotheby's
BID
| $10K | 0.01% |
375,019
-5,297
| -1% | -$127K |
|
1386
Piper Sandler
PIPR
$5.13B
| $10K | 0.01% |
808,532
-14,200
| -2% | -$144K |
|
1387
Watts Water Technologies
WTS
$11.7B
| $9.99K | 0.01% |
181,207
+7,066
| +4% | +$357K |
|
1388
Mueller Water Products
MWA
$4.04B
| $9.97K | 0.01% |
1,009,315
+29,442
| +3% | +$252K |
|
|
CBM
1389
DELISTED
Cambrex Corporation
CBM
| $9.95K | 0.01% |
226,224
-1,462
| -0.6% | -$57.6K |
|
1390
Power Integrations
POWI
$3.37B
| $9.94K | 0.01% |
400,324
+19,592
| +5% | +$451K |
|
|
AMED
1391
DELISTED
Amedisys
AMED
| $9.93K | 0.01% |
205,347
+9,523
| +5% | +$367K |
|
|
HAPN
1392
Happen Inc
HAPN
$2.36B
| $9.92K | 0.01% |
239,015
+7,480
| +3% | +$314K |
|
|
MEG
1393
DELISTED
Media General, Inc
MEG
| $9.91K | 0.01% |
607,878
+17,097
| +3% | +$276K |
|
1394
BOK Financial
BOKF
$8.74B
| $9.91K | 0.01% |
181,372
-92
| -0.1% | -$4.8K |
|
1395
Asbury Automotive
ABG
$4.24B
| $9.9K | 0.01% |
165,512
+2,277
| +1% | +$124K |
|
1396
Group 1 Automotive
GPI
$3.48B
| $9.9K | 0.01% |
168,701
-25,175
| -13% | -$1.44M |
|
|
BLUE
1397
DELISTED
bluebird bio
BLUE
| $9.88K | 0.01% |
17,941
+938
| +6% | +$576K |
|
1398
Novavax
NVAX
$1.22B
| $9.87K | 0.01% |
95,608
+4,814
| +5% | +$516K |
|
|
SCTY
1399
DELISTED
SolarCity Corporation
SCTY
| $9.84K | 0.01% |
400,255
+16,680
| +4% | +$476K |
|
|
CMO
1400
DELISTED
Capstead Mortgage Corp.
CMO
| $9.82K | 0.01% |
993,410
+49,026
| +5% | +$456K |
|
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.