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 | |
|---|---|---|---|---|---|---|
|
QGENF
1676
DELISTED
QIAGEN NV
QGENF
| $6.41K | ﹤0.01% |
287,072
+24,540
| +9% | +$548 |
|
|
FINL
1677
DELISTED
Finish Line
FINL
| $6.4K | ﹤0.01% |
303,446
+9,265
| +3% | +$172K |
|
1678
MACOM Technology Solutions
MTSI
$20.9B
| $6.4K | ﹤0.01% |
146,115
+6,795
| +5% | +$266K |
|
|
CALD
1679
DELISTED
Callidus Software, Inc.
CALD
| $6.38K | ﹤0.01% |
382,492
+5,625
| +1% | +$83.4K |
|
|
TIVO
1680
DELISTED
TIVO INC
TIVO
| $6.37K | ﹤0.01% |
670,297
+51,338
| +8% | +$413K |
|
|
SEMG
1681
DELISTED
SEMGROUP CORPORATION
SEMG
| $6.37K | ﹤0.01% |
284,372
+5,457
| +2% | +$113K |
|
|
CIE
1682
DELISTED
Cobalt International Energy, Inc
CIE
| $6.37K | ﹤0.01% |
142,974
+5,422
| +4% | +$258K |
|
1683
HealthEquity
HQY
$8.78B
| $6.34K | ﹤0.01% |
257,109
+25,859
| +11% | +$554K |
|
1684
Buckle
BKE
$2.35B
| $6.34K | ﹤0.01% |
187,236
+8,991
| +5% | +$273K |
|
1685
Universal Insurance Holdings
UVE
$1.23B
| $6.34K | ﹤0.01% |
356,133
-22,352
| -6% | -$414K |
|
1686
Four Corners Property Trust
FCPT
$2.76B
| $6.34K | ﹤0.01% |
353,038
+50,398
| +17% | +$844K |
|
1687
iShares Core MSCI Emerging Markets ETF
IEMG
$156B
| – | – |
0
| – | – |
|
|
LMNX
1688
DELISTED
Luminex Corp
LMNX
| $6.33K | ﹤0.01% |
326,389
+22,403
| +7% | +$427K |
|
1689
Oxford Industries
OXM
$579M
| $6.32K | ﹤0.01% |
93,968
+5,057
| +6% | +$344K |
|
1690
Matrix Service
MTRX
$343M
| $6.29K | ﹤0.01% |
355,481
+18,969
| +6% | +$342K |
|
|
CSR
1691
Centerspace
CSR
$917M
| $6.29K | ﹤0.01% |
86,587
+4,590
| +6% | +$301K |
|
1692
Ingles Markets
IMKTA
$1.74B
| $6.28K | ﹤0.01% |
167,490
+2,894
| +2% | +$104K |
|
1693
8x8 Inc
EGHT
$318M
| $6.27K | ﹤0.01% |
623,402
+63,921
| +11% | +$701K |
|
1694
Red Robin
RRGB
$149M
| $6.26K | ﹤0.01% |
97,189
+4,264
| +5% | +$266K |
|
|
MFRM
1695
DELISTED
MATTRESS FIRM HLDG CORP COM STK (DE)
MFRM
| $6.26K | ﹤0.01% |
147,813
+13,651
| +10% | +$556K |
|
|
AHT
1696
Ashford Hospitality Trust
AHT
$20.7M
| $6.26K | ﹤0.01% |
994
-176
| -15% | -$954K |
|
|
XLRN
1697
DELISTED
Acceleron Pharma
XLRN
| $6.26K | ﹤0.01% |
237,228
+25,003
| +12% | +$727K |
|
|
UHT
1698
Universal Health Realty Income Trust
UHT
$587M
| $6.25K | ﹤0.01% |
111,112
+7,484
| +7% | +$384K |
|
1699
Gibraltar Industries
ROCK
$1.43B
| $6.24K | ﹤0.01% |
218,349
+11,289
| +5% | +$263K |
|
|
BLOX
1700
DELISTED
Infoblox Inc
BLOX
| $6.24K | ﹤0.01% |
364,729
+28,433
| +8% | +$454K |
|
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.