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 | |
|---|---|---|---|---|---|---|
|
GCP
1501
DELISTED
GCP Applied Technologies Inc.
GCP
| $8.29K | ﹤0.01% |
+415,556
| New | +$7.55M |
|
|
EGOV
1502
DELISTED
NIC Inc
EGOV
| $8.28K | ﹤0.01% |
459,411
+58,907
| +15% | +$1.06M |
|
1503
Zillow
ZG
$8.19B
| $8.25K | ﹤0.01% |
322,851
+26,415
| +9% | +$588K |
|
1504
St. Joe Company
JOE
$3.64B
| $8.25K | ﹤0.01% |
480,898
+44,219
| +10% | +$698K |
|
|
TFM
1505
DELISTED
THE FRESH MARKET, INC COM STK
TFM
| $8.24K | ﹤0.01% |
288,958
+5,578
| +2% | +$128K |
|
1506
Merit Medical Systems
MMSI
$5.11B
| $8.23K | ﹤0.01% |
445,286
+34,518
| +8% | +$599K |
|
|
PLKI
1507
DELISTED
Popeyes Louisiana Kitchen, Inc.
PLKI
| $8.21K | ﹤0.01% |
157,741
+13,789
| +10% | +$783K |
|
1508
MBIA
MBI
$266M
| $8.18K | ﹤0.01% |
924,221
+13,003
| +1% | +$94.7K |
|
1509
MasTec
MTZ
$21B
| $8.18K | ﹤0.01% |
404,098
+7,913
| +2% | +$130K |
|
|
BFX
1510
DELISTED
BowFlex Inc.
BFX
| $8.15K | ﹤0.01% |
422,149
+12,730
| +3% | +$239K |
|
1511
Brady Corp
BRC
$4.52B
| $8.15K | ﹤0.01% |
303,662
+15,123
| +5% | +$364K |
|
|
SFBS
1512
ServisFirst Bancshares
SFBS
$4.92B
| $8.14K | ﹤0.01% |
366,750
+24,636
| +7% | +$480K |
|
|
BUFF
1513
DELISTED
Blue Buffalo Pet Products, Inc
BUFF
| $8.14K | ﹤0.01% |
317,262
+6,611
| +2% | +$127K |
|
|
PTLA
1514
DELISTED
Portola Pharmaceuticals, Inc.
PTLA
| $8.14K | ﹤0.01% |
398,879
-4,597
| -1% | -$146K |
|
|
ARIA
1515
DELISTED
Ariad Pharmaceuticals Inc
ARIA
| $8.12K | ﹤0.01% |
1,271,477
+71,809
| +6% | +$402K |
|
1516
Chord Energy
CHRD
$7.84B
| $8.1K | ﹤0.01% |
1,113,058
+276,483
| +33% | +$1.65M |
|
1517
TransUnion
TRU
$15.3B
| $8.08K | ﹤0.01% |
292,551
+81,903
| +39% | +$2.08M |
|
|
GOV
1518
DELISTED
Government Properties Income Trust
GOV
| $8.07K | ﹤0.01% |
451,935
+56,739
| +14% | +$840K |
|
|
FSP
1519
Franklin Street Properties
FSP
$48.1M
| $8.05K | ﹤0.01% |
758,883
+13,522
| +2% | +$131K |
|
|
HT
1520
DELISTED
Hersha Hospitality Trust Priority Class A Common Shares of Beneficial Interest
HT
| $8.05K | ﹤0.01% |
377,151
+5,457
| +1% | +$107K |
|
|
RPT.PRD
1521
DELISTED
RPT Realty 7.25% Series D Cumulative Convertible Perpetual Preferred Shares of Beneficial Interest
RPT.PRD
| – | – |
0
| – | – |
|
|
ESND
1522
DELISTED
Essendant Inc.
ESND
| $8.04K | ﹤0.01% |
251,904
+2,344
| +0.9% | +$69K |
|
1523
Comfort Systems
FIX
$62.3B
| $8.02K | ﹤0.01% |
252,579
+14,446
| +6% | +$409K |
|
|
KYNB
1524
Kyntra Bio
KYNB
$27.4M
| $8K | ﹤0.01% |
15,034
-66
| -0.4% | -$32.9K |
|
1525
OneMain Financial
OMF
$7.44B
| $8K | ﹤0.01% |
291,626
+17,825
| +7% | +$482K |
|
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.