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 | |
|---|---|---|---|---|---|---|
|
WIN
1801
DELISTED
Windstream Holdings Inc
WIN
| $5.32K | ﹤0.01% |
138,536
+9,834
| +8% | +$319K |
|
1802
American Coastal Insurance
ACIC
$535M
| $5.3K | ﹤0.01% |
276,022
+26,990
| +11% | +$452K |
|
1803
AAR Corp
AIR
$5.96B
| $5.3K | ﹤0.01% |
227,646
+2,618
| +1% | +$56.7K |
|
|
IMGN
1804
DELISTED
Immunogen Inc
IMGN
| $5.29K | ﹤0.01% |
620,395
+31,625
| +5% | +$268K |
|
|
CALY
1805
Callaway Golf Company
CALY
$3.52B
| $5.28K | ﹤0.01% |
579,012
+9,820
| +2% | +$86.1K |
|
|
STBZ
1806
DELISTED
State Bank Financial Corporation. Common Stock
STBZ
| $5.27K | ﹤0.01% |
266,836
+18,601
| +7% | +$361K |
|
|
AEGN
1807
DELISTED
Aegion Corp
AEGN
| $5.26K | ﹤0.01% |
249,518
+1,980
| +0.8% | +$37K |
|
|
CIR
1808
DELISTED
CIRCOR International, Inc
CIR
| $5.24K | ﹤0.01% |
112,944
+1,525
| +1% | +$59.2K |
|
|
ANH
1809
DELISTED
Anworth Mortgage Asset Corporation
ANH
| $5.24K | ﹤0.01% |
1,124,024
+30,276
| +3% | +$135K |
|
1810
Builders FirstSource
BLDR
$8.11B
| $5.22K | ﹤0.01% |
463,349
+29,146
| +7% | +$252K |
|
|
ELNK
1811
DELISTED
EarthLink Holdings Corp.
ELNK
| $5.2K | ﹤0.01% |
917,595
+151,553
| +20% | +$885K |
|
1812
Cohen & Steers
CNS
$4.32B
| $5.2K | ﹤0.01% |
133,583
+8,633
| +7% | +$272K |
|
|
MTGE
1813
DELISTED
MTGE Investment Corp. Common Stock
MTGE
| $5.19K | ﹤0.01% |
353,672
-11,550
| -3% | -$158K |
|
|
CBB
1814
DELISTED
Cincinnati Bell Inc.
CBB
| $5.17K | ﹤0.01% |
267,467
+17,414
| +7% | +$292K |
|
|
CCC
1815
DELISTED
Calgon Carbon Corp
CCC
| $5.16K | ﹤0.01% |
368,327
+31,318
| +9% | +$477K |
|
|
SAFE
1816
Safehold
SAFE
$1.16B
| $5.14K | ﹤0.01% |
109,327
-4,308
| -4% | -$198K |
|
1817
Banc of California
BANC
$3.09B
| $5.13K | ﹤0.01% |
293,397
+93,800
| +47% | +$1.42M |
|
1818
Natural Health Trends
NHTC
$15.4M
| $5.12K | ﹤0.01% |
154,402
+33,113
| +27% | +$899K |
|
1819
Agree Realty
ADC
$9.49B
| $5.11K | ﹤0.01% |
132,790
+9,890
| +8% | +$360K |
|
|
WIBC
1820
DELISTED
WILSHIRE BANCORP INC
WIBC
| $5.1K | ﹤0.01% |
495,496
-27,253
| -5% | -$280K |
|
|
CBF
1821
DELISTED
Capital Bank Financial Corp. Class A Common Stock
CBF
| $5.09K | ﹤0.01% |
165,044
+8,138
| +5% | +$243K |
|
|
SUM
1822
DELISTED
Summit Materials, Inc. Class A Common Stock
SUM
| $5.07K | ﹤0.01% |
272,272
+2,983
| +1% | +$48.8K |
|
|
TWOU
1823
DELISTED
2U Inc
TWOU
| $5.07K | ﹤0.01% |
7,485
+104
| +1% | +$65.9K |
|
1824
The Greenbrier Companies
GBX
$1.56B
| $5.07K | ﹤0.01% |
183,518
+18,044
| +11% | +$463K |
|
|
PDLI
1825
DELISTED
PDL BioPharma, Inc.
PDLI
| $5.07K | ﹤0.01% |
1,522,257
-32,815
| -2% | -$102K |
|
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.