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 | |
|---|---|---|---|---|---|---|
|
TIER
1826
DELISTED
TIER REIT, Inc.
TIER
| $5.07K | ﹤0.01% |
376,926
+15,966
| +4% | +$225K |
|
|
SHLD
1827
DELISTED
Sears Holding Corporation
SHLD
| $5.06K | ﹤0.01% |
330,634
+19,692
| +6% | +$334K |
|
|
NVRO
1828
DELISTED
NEVRO CORP.
NVRO
| $5.04K | ﹤0.01% |
89,667
+1,907
| +2% | +$112K |
|
|
CDR
1829
DELISTED
Cedar Realty Trust, Inc
CDR
| $5.04K | ﹤0.01% |
105,697
+2,387
| +2% | +$110K |
|
|
CAMP
1830
DELISTED
CalAmp Corp.
CAMP
| $5.03K | ﹤0.01% |
12,197
+1,947
| +19% | +$796K |
|
|
KG
1831
Kestrel Group
KG
$70.5M
| $5.01K | ﹤0.01% |
19,372
+1,020
| +6% | +$265K |
|
|
SASR
1832
DELISTED
Sandy Spring Bancorp Inc
SASR
| $5.01K | ﹤0.01% |
179,991
+1,939
| +1% | +$51.3K |
|
1833
National Beverage
FIZZ
$2.97B
| $5.01K | ﹤0.01% |
236,670
+888
| +0.4% | +$17.6K |
|
1834
SPS Commerce
SPSC
$2.67B
| $5K | ﹤0.01% |
233,114
+14,164
| +6% | +$356K |
|
|
MKTO
1835
DELISTED
MARKETO INC COM STK (DE)
MKTO
| $5K | ﹤0.01% |
255,301
+19,210
| +8% | +$364K |
|
1836
Boise Cascade
BCC
$3.04B
| $4.99K | ﹤0.01% |
240,943
+4,112
| +2% | +$77.5K |
|
1837
Ennis
EBF
$565M
| $4.98K | ﹤0.01% |
254,923
+24,212
| +10% | +$472K |
|
|
CEMP
1838
DELISTED
Cempra, Inc.
CEMP
| $4.98K | ﹤0.01% |
284,405
+54,970
| +24% | +$997K |
|
|
ITG
1839
DELISTED
Investment Technology Group Inc
ITG
| $4.98K | ﹤0.01% |
225,370
-18,590
| -8% | -$341K |
|
|
CFNL
1840
DELISTED
Cardinal Financial Corp
CFNL
| $4.97K | ﹤0.01% |
244,367
+15,389
| +7% | +$301K |
|
1841
Infosys
INFY
$51B
| $4.96K | ﹤0.01% |
529,558
+207,208
| +64% | +$1.81M |
|
1842
Coeur Mining
CDE
$16.7B
| $4.96K | ﹤0.01% |
882,184
+71,708
| +9% | +$248K |
|
|
ECHO
1843
DELISTED
Echo Global Logistics, Inc.
ECHO
| $4.96K | ﹤0.01% |
182,486
+6,851
| +4% | +$163K |
|
|
MTOR
1844
DELISTED
MERITOR, Inc.
MTOR
| $4.94K | ﹤0.01% |
613,134
+2,225
| +0.4% | +$16.2K |
|
|
ALR.PRB
1845
DELISTED
Alere Inc
ALR.PRB
| – | – |
0
| – | – |
|
|
DVAX
1846
DELISTED
Dynavax Technologies
DVAX
| $4.93K | ﹤0.01% |
256,150
+10,195
| +4% | +$206K |
|
|
NCI
1847
DELISTED
Navigant Consulting, Inc.
NCI
| $4.93K | ﹤0.01% |
311,591
+16,679
| +6% | +$255K |
|
|
SHOE
1848
Shoe Station Group
SHOE
$422M
| $4.92K | ﹤0.01% |
365,154
+39,490
| +12% | +$469K |
|
|
FNHC
1849
DELISTED
FedNat Holding Company Common Stock
FNHC
| $4.92K | ﹤0.01% |
250,074
+20,901
| +9% | +$487K |
|
|
QUOT
1850
DELISTED
Quotient Technology Inc
QUOT
| $4.91K | ﹤0.01% |
463,108
+5,701
| +1% | +$43.3K |
|
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.