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 | |
|---|---|---|---|---|---|---|
|
HIBB
1751
DELISTED
Hibbett, Inc. Common Stock
HIBB
| $5.77K | ﹤0.01% |
160,789
+1,549
| +1% | +$51.6K |
|
|
RSE
1752
DELISTED
ROUSE PPTYS INC COM (DE)
RSE
| $5.72K | ﹤0.01% |
311,289
+26,260
| +9% | +$453K |
|
|
BFS
1753
Saul Centers
BFS
$838M
| $5.71K | ﹤0.01% |
107,794
+6,036
| +6% | +$303K |
|
1754
E.W. Scripps
SSP
$261M
| $5.71K | ﹤0.01% |
365,960
+34,325
| +10% | +$603K |
|
|
ITCI
1755
DELISTED
Intra-Cellular Therapies Inc.
ITCI
| $5.7K | ﹤0.01% |
204,936
+11,301
| +6% | +$377K |
|
|
EBSB
1756
DELISTED
Meridian Bancorp, Inc.
EBSB
| $5.69K | ﹤0.01% |
409,096
+30,414
| +8% | +$415K |
|
|
BRKL
1757
DELISTED
Brookline Bancorp
BRKL
| $5.69K | ﹤0.01% |
516,818
+49,287
| +11% | +$531K |
|
|
FNFV
1758
DELISTED
Fidelity Natl Financial, Inc.
FNFV
| $5.66K | ﹤0.01% |
522,071
+1,351
| +0.3% | +$13.5K |
|
|
TBRG
1759
DELISTED
TruBridge
TBRG
| $5.65K | ﹤0.01% |
108,416
+30,302
| +39% | +$1.6M |
|
1760
Helios Technologies
HLIO
$2.69B
| $5.63K | ﹤0.01% |
169,544
+8,666
| +5% | +$255K |
|
1761
Safety Insurance
SAFT
$1.52B
| $5.61K | ﹤0.01% |
98,327
+8,044
| +9% | +$449K |
|
1762
Clearwater Paper
CLW
$369M
| $5.61K | ﹤0.01% |
115,569
+337
| +0.3% | +$14.1K |
|
|
BEL
1763
DELISTED
Belmond Ltd.
BEL
| $5.61K | ﹤0.01% |
590,658
+42,293
| +8% | +$376K |
|
|
MYCC
1764
DELISTED
ClubCorp Holdings, Inc.
MYCC
| $5.6K | ﹤0.01% |
399,048
+24,227
| +6% | +$320K |
|
|
APOL
1765
DELISTED
Apollo Education Group Inc Class A
APOL
| $5.6K | ﹤0.01% |
682,007
+1,079
| +0.2% | +$8.58K |
|
1766
Tootsie Roll Industries
TR
$2.98B
| $5.58K | ﹤0.01% |
214,740
+14,266
| +7% | +$338K |
|
1767
Mercury Systems
MRCY
$6.77B
| $5.58K | ﹤0.01% |
274,923
+43,607
| +19% | +$762K |
|
|
WIRE
1768
DELISTED
Encore Wire Corp
WIRE
| $5.58K | ﹤0.01% |
143,313
+7,908
| +6% | +$286K |
|
|
DCOM
1769
DELISTED
Dime Community Bancshares
DCOM
| $5.57K | ﹤0.01% |
315,866
+11,569
| +4% | +$196K |
|
1770
TriMas Corp
TRS
$1.45B
| $5.54K | ﹤0.01% |
316,002
+19,797
| +7% | +$338K |
|
|
TLRD
1771
DELISTED
Tailored Brands, Inc.
TLRD
| $5.54K | ﹤0.01% |
+309,289
| New | +$4.77M |
|
|
WAIR
1772
DELISTED
WESCO Aircraft Holdings Inc.
WAIR
| $5.52K | ﹤0.01% |
383,336
-3,270
| -0.8% | -$39.9K |
|
|
FRAN
1773
DELISTED
Francesca's Holdings Corporation
FRAN
| $5.51K | ﹤0.01% |
23,978
+1,513
| +7% | +$326K |
|
|
SHLM
1774
DELISTED
Schulman (A.) Inc
SHLM
| $5.51K | ﹤0.01% |
202,479
+11,806
| +6% | +$297K |
|
1775
Sarepta Therapeutics
SRPT
$1.73B
| $5.51K | ﹤0.01% |
282,292
-2,489
| -0.9% | -$43.5K |
|
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.