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 | |
|---|---|---|---|---|---|---|
|
GNCMA
1876
DELISTED
GCI Liberty, Inc. Class A-1 Common Stock
GNCMA
| $4.74K | ﹤0.01% |
258,817
+58,975
| +30% | +$1.08M |
|
|
TLN
1877
DELISTED
Talen Energy Corporation
TLN
| $4.74K | ﹤0.01% |
526,877
+15,151
| +3% | +$107K |
|
|
AVX
1878
DELISTED
AVX Corporation
AVX
| $4.74K | ﹤0.01% |
377,115
+61,570
| +20% | +$717K |
|
1879
SiriusPoint
SPNT
$2.75B
| $4.74K | ﹤0.01% |
416,872
+19,169
| +5% | +$217K |
|
1880
Standard Motor Products
SMP
$863M
| $4.72K | ﹤0.01% |
136,251
+6,946
| +5% | +$240K |
|
1881
Azenta
AZTA
$1.38B
| $4.71K | ﹤0.01% |
453,365
+13,872
| +3% | +$132K |
|
|
FFIC
1882
DELISTED
Flushing Financial
FFIC
| $4.7K | ﹤0.01% |
217,618
+1,599
| +0.7% | +$33.3K |
|
|
ORIT
1883
DELISTED
Oritani Financial Corp. New
ORIT
| $4.7K | ﹤0.01% |
277,110
+744
| +0.3% | +$12.2K |
|
|
BKS
1884
DELISTED
Barnes & Noble
BKS
| $4.7K | ﹤0.01% |
380,434
+12,117
| +3% | +$119K |
|
1885
Paylocity
PCTY
$7.48B
| $4.7K | ﹤0.01% |
143,603
+6,827
| +5% | +$213K |
|
|
NRE
1886
DELISTED
NorthStar Realty Europe Corp.
NRE
| $4.68K | ﹤0.01% |
403,143
+53,634
| +15% | +$542K |
|
1887
Wipro
WIT
$20.3B
| $4.67K | ﹤0.01% |
1,981,104
+991,584
| +100% | +$2.16M |
|
1888
Kadant
KAI
$3.83B
| $4.67K | ﹤0.01% |
103,419
-1,920
| -2% | -$76.1K |
|
|
DHIL
1889
DELISTED
Diamond Hill
DHIL
| $4.67K | ﹤0.01% |
26,307
+1,774
| +7% | +$309K |
|
|
RUTH
1890
DELISTED
Ruth's Hospitality Group, Inc.
RUTH
| $4.66K | ﹤0.01% |
253,098
-36,301
| -13% | -$608K |
|
|
BRSS
1891
DELISTED
Global Brass & Copper Hldgs, Inc
BRSS
| $4.65K | ﹤0.01% |
186,253
+16,270
| +10% | +$358K |
|
1892
ICF International
ICFI
$1.52B
| $4.61K | ﹤0.01% |
134,159
+2,218
| +2% | +$74.1K |
|
1893
Advanced Drainage Systems
WMS
$11.5B
| $4.61K | ﹤0.01% |
216,198
+8,863
| +4% | +$182K |
|
1894
Lattice Semiconductor
LSCC
$19.6B
| $4.59K | ﹤0.01% |
808,365
+15,930
| +2% | +$86.1K |
|
1895
Rush Enterprises Class A
RUSHA
$6.29B
| $4.56K | ﹤0.01% |
562,889
+16,355
| +3% | +$132K |
|
|
FIT
1896
DELISTED
Fitbit, Inc. Class A common stock
FIT
| $4.55K | ﹤0.01% |
300,747
+5,264
| +2% | +$83.6K |
|
|
ORBC
1897
DELISTED
ORBCOMM, Inc.
ORBC
| $4.55K | ﹤0.01% |
449,396
+41,579
| +10% | +$339K |
|
|
MODV
1898
DELISTED
ModivCare
MODV
| $4.55K | ﹤0.01% |
89,111
+5,318
| +6% | +$249K |
|
|
AD
1899
Array Digital Infrastructure
AD
$3.03B
| $4.54K | ﹤0.01% |
99,395
-1,109
| -1% | -$43.1K |
|
|
DEL
1900
DELISTED
Deltic Timber
DEL
| $4.54K | ﹤0.01% |
75,443
+2,603
| +4% | +$147K |
|
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.