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 | |
|---|---|---|---|---|---|---|
|
NPTN
1651
DELISTED
NEOPHOTONICS CORP
NPTN
| $6.57K | ﹤0.01% |
468,038
+137,158
| +41% | +$1.42M |
|
1652
Fabrinet
FN
$19B
| $6.56K | ﹤0.01% |
202,782
+9,800
| +5% | +$264K |
|
|
CVSA
1653
Covista Inc
CVSA
$4.42B
| $6.56K | ﹤0.01% |
379,814
+27,300
| +8% | +$540K |
|
1654
Standex International
SXI
$3.91B
| $6.55K | ﹤0.01% |
84,246
+6,125
| +8% | +$445K |
|
1655
Acco Brands
ACCO
$403M
| $6.55K | ﹤0.01% |
729,846
-13,438
| -2% | -$94K |
|
1656
Thomson Reuters
TRI
$47.6B
| $6.55K | ﹤0.01% |
139,374
+10,138
| +8% | +$436K |
|
1657
Alaunos Therapeutics
TCRT
$4.64M
| $6.55K | ﹤0.01% |
5,883
-191
| -3% | -$195K |
|
1658
Evertec
EVTC
$2.01B
| $6.55K | ﹤0.01% |
468,329
+63,429
| +16% | +$857K |
|
|
KKD
1659
DELISTED
KRISPY KREME DOUGHNUTS INC
KKD
| $6.54K | ﹤0.01% |
419,461
+25,653
| +7% | +$372K |
|
|
BLD
1660
DELISTED
TopBuild
BLD
| $6.54K | ﹤0.01% |
219,757
+7,474
| +4% | +$202K |
|
1661
Unitil
UTL
$964M
| $6.53K | ﹤0.01% |
153,611
+51,637
| +51% | +$2.02M |
|
|
ENV
1662
DELISTED
ENVESTNET, INC.
ENV
| $6.53K | ﹤0.01% |
239,933
+12,758
| +6% | +$299K |
|
|
WEB
1663
DELISTED
Web.com Group, Inc.
WEB
| $6.52K | ﹤0.01% |
328,978
+5,598
| +2% | +$102K |
|
|
HF
1664
DELISTED
HFF Inc.
HF
| $6.52K | ﹤0.01% |
236,858
+12,662
| +6% | +$337K |
|
1665
Universal Electronics
UEIC
$60.6M
| $6.5K | ﹤0.01% |
104,888
+873
| +0.8% | +$46.5K |
|
1666
Hyster-Yale Materials Handling
HY
$629M
| $6.49K | ﹤0.01% |
97,401
-2,001
| -2% | -$114K |
|
|
MACK
1667
DELISTED
Merrimack Pharmaceuticals, Inc.
MACK
| $6.48K | ﹤0.01% |
98,344
+5,624
| +6% | +$294K |
|
1668
National Bank Holdings
NBHC
$1.94B
| $6.45K | ﹤0.01% |
316,311
-1,769
| -0.6% | -$35K |
|
|
CSH
1669
DELISTED
CASH AMERICA INTERNATIONAL INC
CSH
| $6.45K | ﹤0.01% |
166,842
+692
| +0.4% | +$22.6K |
|
|
CKH
1670
DELISTED
Seacor Holdings Inc.
CKH
| $6.45K | ﹤0.01% |
122,398
+1,684
| +1% | +$77.8K |
|
1671
National CineMedia
NCMI
$388M
| $6.44K | ﹤0.01% |
42,371
+1,936
| +5% | +$290K |
|
1672
RingCentral
RNG
$5.09B
| $6.44K | ﹤0.01% |
409,223
+9,502
| +2% | +$178K |
|
1673
MaxLinear
MXL
$6.6B
| $6.44K | ﹤0.01% |
348,281
+14,874
| +4% | +$236K |
|
|
PMT
1674
PennyMac Mortgage Investment
PMT
$831M
| $6.43K | ﹤0.01% |
471,775
+28,797
| +7% | +$382K |
|
|
MDC
1675
DELISTED
M.D.C. Holdings, Inc.
MDC
| $6.42K | ﹤0.01% |
355,574
-15,782
| -4% | -$255K |
|
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.