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 | |
|---|---|---|---|---|---|---|
|
FRGI
1726
DELISTED
Fiesta Restaurant Group, Inc.
FRGI
| $6.02K | ﹤0.01% |
183,549
+8,471
| +5% | +$298K |
|
|
MAGN
1727
Magnera Corp
MAGN
$487M
| $6.01K | ﹤0.01% |
22,321
+516
| +2% | +$117K |
|
1728
Federal Signal
FSS
$8.09B
| $6K | ﹤0.01% |
452,765
+13,922
| +3% | +$192K |
|
|
CVGW
1729
DELISTED
Calavo Growers
CVGW
| $5.99K | ﹤0.01% |
104,908
+5,994
| +6% | +$311K |
|
|
NEWP
1730
DELISTED
NEWPORT CORP
NEWP
| $5.96K | ﹤0.01% |
259,046
-63,279
| -20% | -$1.16M |
|
1731
GoPro
GPRO
$133M
| $5.96K | ﹤0.01% |
498,157
+11,122
| +2% | +$138K |
|
|
SNR
1732
DELISTED
NEW SENIOR INVESTMENT GROUP INC.
SNR
| $5.96K | ﹤0.01% |
578,276
+30,759
| +6% | +$288K |
|
1733
Resources Connection
RGP
$158M
| $5.96K | ﹤0.01% |
382,736
-9,099
| -2% | -$132K |
|
|
VSI
1734
DELISTED
Vitamin Shoppe Inc.
VSI
| $5.94K | ﹤0.01% |
191,991
+12,525
| +7% | +$376K |
|
1735
Ameris Bancorp
ABCB
$6B
| $5.91K | ﹤0.01% |
199,724
+14,710
| +8% | +$416K |
|
1736
First Interstate BancSystem
FIBK
$3.73B
| $5.91K | ﹤0.01% |
210,005
+650
| +0.3% | +$17.6K |
|
1737
Andersons Inc
ANDE
$2.54B
| $5.91K | ﹤0.01% |
188,031
+13,033
| +7% | +$370K |
|
1738
City Holding Co
CHCO
$2.06B
| $5.9K | ﹤0.01% |
123,497
+1,386
| +1% | +$61.5K |
|
1739
Clearway Energy Class C
CWEN
$4.94B
| $5.89K | ﹤0.01% |
413,817
+17,881
| +5% | +$236K |
|
|
XXIA
1740
DELISTED
Ixia
XXIA
| $5.88K | ﹤0.01% |
472,244
+70,721
| +18% | +$749K |
|
|
ZLTQ
1741
DELISTED
ZELTIQ Aesthetics, Inc.
ZLTQ
| $5.88K | ﹤0.01% |
216,561
+3,982
| +2% | +$93.9K |
|
|
RKUS
1742
DELISTED
RUCKUS WIRELESS INC COM STK (DE)
RKUS
| $5.88K | ﹤0.01% |
599,492
+26,370
| +5% | +$244K |
|
1743
ArcBest
ARCB
$3.23B
| $5.86K | ﹤0.01% |
271,336
+2,800
| +1% | +$57K |
|
|
MANT
1744
DELISTED
Mantech International Corp
MANT
| $5.83K | ﹤0.01% |
182,312
+25,247
| +16% | +$736K |
|
1745
Tompkins Financial
TMP
$1.46B
| $5.83K | ﹤0.01% |
91,087
+2,733
| +3% | +$156K |
|
1746
Lakeland Financial Corp
LKFN
$1.58B
| $5.82K | ﹤0.01% |
190,721
+6,483
| +4% | +$188K |
|
|
DENN
1747
DELISTED
Denny's
DENN
| $5.81K | ﹤0.01% |
560,456
+7,938
| +1% | +$77.3K |
|
|
GIMO
1748
DELISTED
Gigamon Inc.
GIMO
| $5.81K | ﹤0.01% |
187,204
+22,694
| +14% | +$592K |
|
|
OME
1749
DELISTED
Omega Protein
OME
| $5.78K | ﹤0.01% |
341,376
+14,161
| +4% | +$290K |
|
|
ASRT
1750
DELISTED
Assertio
ASRT
| $5.77K | ﹤0.01% |
6,909
+436
| +7% | +$404K |
|
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.