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 | |
|---|---|---|---|---|---|---|
1426
Old National Bancorp
ONB
$10.3B
| $9.41K | 0.01% |
771,672
+50,794
| +7% | +$599K |
|
1427
Ormat Technologies
ORA
$6.02B
| $9.4K | 0.01% |
227,981
+3,269
| +1% | +$121K |
|
|
HW
1428
DELISTED
Headwaters Inc
HW
| $9.39K | 0.01% |
473,571
+14,213
| +3% | +$238K |
|
1429
Omnicell
OMCL
$1.71B
| $9.39K | 0.01% |
337,070
+19,669
| +6% | +$540K |
|
|
HMSY
1430
DELISTED
HMS Holdings Corp.
HMSY
| $9.36K | 0.01% |
652,385
+22,779
| +4% | +$283K |
|
|
NXGN
1431
DELISTED
NextGen Healthcare, Inc. Common Stock
NXGN
| $9.34K | 0.01% |
613,094
+47,118
| +8% | +$715K |
|
|
ABCO
1432
DELISTED
Advisory Board Co
ABCO
| $9.33K | 0.01% |
289,370
+15,336
| +6% | +$573K |
|
1433
Sabra Healthcare REIT
SBRA
$5.2B
| $9.32K | ﹤0.01% |
463,739
+32,225
| +7% | +$618K |
|
|
ARI
1434
Apollo Commercial Real Estate
ARI
$892M
| $9.31K | ﹤0.01% |
571,359
+112,876
| +25% | +$1.81M |
|
|
AIRM
1435
DELISTED
Air Methods Corp
AIRM
| $9.31K | ﹤0.01% |
256,952
+15,171
| +6% | +$575K |
|
1436
Integer Holdings
ITGR
$4.23B
| $9.27K | ﹤0.01% |
260,028
-8,474
| -3% | -$299K |
|
1437
United Parks & Resorts
PRKS
$2.15B
| $9.25K | ﹤0.01% |
439,124
+42,823
| +11% | +$800K |
|
1438
Invesco Mortgage Capital
IVR
$757M
| $9.18K | ﹤0.01% |
75,349
+1,359
| +2% | +$157K |
|
1439
WSFS Financial
WSFS
$4.19B
| $9.17K | ﹤0.01% |
281,928
+1,130
| +0.4% | +$34.2K |
|
1440
Kemper
KMPR
$1.72B
| $9.14K | ﹤0.01% |
309,228
+11,696
| +4% | +$351K |
|
|
ANAT
1441
DELISTED
American National Group, Inc. Common Stock
ANAT
| $9.11K | ﹤0.01% |
78,904
+9,007
| +13% | +$922K |
|
|
NGHC
1442
DELISTED
National General Holdings Corp
NGHC
| $9.11K | ﹤0.01% |
421,955
+21,096
| +5% | +$425K |
|
|
SLCA
1443
DELISTED
U.S. SILICA HOLDINGS, INC.
SLCA
| $9.09K | ﹤0.01% |
400,302
+82,741
| +26% | +$1.54M |
|
1444
Huron Consulting
HURN
$2.39B
| $9.09K | ﹤0.01% |
156,150
+4,917
| +3% | +$271K |
|
|
RGC
1445
DELISTED
Regal Entertainment Group
RGC
| $9.08K | ﹤0.01% |
429,570
+6,359
| +2% | +$121K |
|
|
EVER
1446
DELISTED
Everbank Financial Corp
EVER
| $9.07K | ﹤0.01% |
600,992
+33,402
| +6% | +$464K |
|
1447
Astronics
ATRO
$3.51B
| $9.07K | ﹤0.01% |
377,185
+19,263
| +5% | +$408K |
|
1448
Franklin Electric
FELE
$4.73B
| $9.06K | ﹤0.01% |
281,550
+10,465
| +4% | +$297K |
|
|
AYR
1449
DELISTED
Aircastle Ltd
AYR
| $9.05K | ﹤0.01% |
407,015
+27,517
| +7% | +$534K |
|
1450
FirstCash
FCFS
$9.08B
| $9.04K | ﹤0.01% |
196,195
+4,080
| +2% | +$165K |
|
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.