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 | |
|---|---|---|---|---|---|---|
|
UCB
1551
United Community Banks
UCB
$4.29B
| $7.67K | ﹤0.01% |
415,549
+64,098
| +18% | +$1.14M |
|
|
PEGI
1552
DELISTED
Pattern Energy Group Inc. Class A
PEGI
| $7.67K | ﹤0.01% |
402,216
+19,322
| +5% | +$347K |
|
|
TYPE
1553
DELISTED
Monotype Imaging Holdings Inc.
TYPE
| $7.67K | ﹤0.01% |
320,586
+11,298
| +4% | +$263K |
|
|
FPRX
1554
DELISTED
Five Prime Therapeutics, Inc.
FPRX
| $7.65K | ﹤0.01% |
188,218
+4,679
| +3% | +$161K |
|
1555
First Merchants
FRME
$2.74B
| $7.61K | ﹤0.01% |
322,846
-283,052
| -47% | -$6.46M |
|
1556
CONMED
CNMD
$1.55B
| $7.6K | ﹤0.01% |
181,300
+3,522
| +2% | +$138K |
|
|
EXAM
1557
DELISTED
EXAMWORKS GROUP INC COM STK (DE)
EXAM
| $7.6K | ﹤0.01% |
257,154
+10,626
| +4% | +$289K |
|
1558
KB Home
KBH
$3.45B
| $7.59K | ﹤0.01% |
531,328
+6,003
| +1% | +$70.1K |
|
1559
Pegasystems
PEGA
$5.16B
| $7.58K | ﹤0.01% |
597,606
+9,716
| +2% | +$117K |
|
1560
Babcock & Wilcox
BW
$1.42B
| $7.58K | ﹤0.01% |
35,432
+2,991
| +9% | +$596K |
|
1561
Quaker Houghton
KWR
$2.89B
| $7.58K | ﹤0.01% |
89,326
+9,469
| +12% | +$722K |
|
|
IPHI
1562
DELISTED
INPHI CORPORATION
IPHI
| $7.56K | ﹤0.01% |
226,829
+9,240
| +4% | +$247K |
|
|
ZAYO
1563
DELISTED
Zayo Group Holdings, Inc.
ZAYO
| $7.55K | ﹤0.01% |
311,387
+18,941
| +6% | +$461K |
|
1564
Ryanair
RYAAY
$31.1B
| $7.52K | ﹤0.01% |
219,075
+11,422
| +6% | +$377K |
|
1565
NetEase
NTES
$84.2B
| $7.49K | ﹤0.01% |
261,925
+47,670
| +22% | +$1.43M |
|
1566
Argan
AGX
$8.31B
| $7.45K | ﹤0.01% |
212,040
-3,411
| -2% | -$107K |
|
1567
Knowles
KN
$3.2B
| $7.44K | ﹤0.01% |
564,816
+23,142
| +4% | +$285K |
|
|
SNBR
1568
DELISTED
Sleep Number
SNBR
| $7.41K | ﹤0.01% |
382,130
-116,611
| -23% | -$2.23M |
|
|
RDUS
1569
DELISTED
Radius Health, Inc.
RDUS
| $7.41K | ﹤0.01% |
235,675
+11,852
| +5% | +$410K |
|
|
FLOW
1570
DELISTED
SPX FLOW, Inc.
FLOW
| $7.36K | ﹤0.01% |
293,348
+31,100
| +12% | +$679K |
|
|
EBIX
1571
DELISTED
Ebix Inc
EBIX
| $7.35K | ﹤0.01% |
180,308
+5,432
| +3% | +$190K |
|
|
PRAH
1572
DELISTED
PRA Health Sciences, Inc.
PRAH
| $7.35K | ﹤0.01% |
171,996
+18,897
| +12% | +$798K |
|
|
VRTU
1573
DELISTED
Virtusa Corporation
VRTU
| $7.3K | ﹤0.01% |
195,000
+12,204
| +7% | +$462K |
|
1574
Cato Corp
CATO
$69.3M
| $7.28K | ﹤0.01% |
188,898
-5,528
| -3% | -$203K |
|
1575
Usana Health Sciences
USNA
$422M
| $7.28K | ﹤0.01% |
119,936
-24,186
| -17% | -$1.42M |
|
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.