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 | |
|---|---|---|---|---|---|---|
|
INVN
1926
DELISTED
Invensense Inc
INVN
| $4.33K | ﹤0.01% |
515,561
+33,230
| +7% | +$264K |
|
1927
Cimpress
CMPR
$2.5B
| $4.32K | ﹤0.01% |
47,590
+4,319
| +10% | +$355K |
|
1928
Southside Bancshares
SBSI
$975M
| $4.32K | ﹤0.01% |
178,147
+8,815
| +5% | +$192K |
|
|
FPO
1929
DELISTED
First Potomac Realty Trust
FPO
| $4.29K | ﹤0.01% |
473,947
+9,950
| +2% | +$91.6K |
|
|
FFG
1930
DELISTED
FBL Financial Group
FFG
| $4.27K | ﹤0.01% |
69,411
+2,404
| +4% | +$141K |
|
|
RESI
1931
DELISTED
Front Yard Residential Corporation Common Stock
RESI
| $4.26K | ﹤0.01% |
355,478
+5,653
| +2% | +$59.9K |
|
|
UNVR
1932
DELISTED
Univar Solutions Inc.
UNVR
| $4.26K | ﹤0.01% |
248,223
+19,083
| +8% | +$279K |
|
|
STEW
1933
SRH Total Return Fund
STEW
$1.81B
| – | – |
0
| – | – |
|
|
UTEK
1934
DELISTED
Ultratech Inc.
UTEK
| $4.23K | ﹤0.01% |
193,780
+3,957
| +2% | +$78.1K |
|
|
TERP
1935
DELISTED
TerraForm Power, Inc
TERP
| $4.23K | ﹤0.01% |
489,137
+12,517
| +3% | +$117K |
|
1936
Gogo Inc
GOGO
$614M
| $4.22K | ﹤0.01% |
383,346
+9,344
| +2% | +$118K |
|
1937
Lexicon Pharmaceuticals
LXRX
$1.08B
| $4.22K | ﹤0.01% |
353,192
+33,598
| +11% | +$352K |
|
1938
CorVel
CRVL
$3.28B
| $4.21K | ﹤0.01% |
320,631
+11,814
| +4% | +$166K |
|
1939
Kelly Services Class A
KELYA
$522M
| $4.19K | ﹤0.01% |
219,381
+15,367
| +8% | +$256K |
|
1940
Inovio Pharmaceuticals
INO
$69.1M
| $4.19K | ﹤0.01% |
40,120
+3,744
| +10% | +$289K |
|
|
ATRI
1941
DELISTED
Atrion Corp
ATRI
| $4.18K | ﹤0.01% |
10,587
+534
| +5% | +$202K |
|
|
SRG
1942
Seritage Growth Properties
SRG
$139M
| $4.18K | ﹤0.01% |
83,607
| – | – |
|
1943
TriCo Bancshares
TCBK
$1.86B
| $4.17K | ﹤0.01% |
164,680
+15,367
| +10% | +$389K |
|
1944
Qualys
QLYS
$6.55B
| $4.17K | ﹤0.01% |
164,675
-23,301
| -12% | -$604K |
|
|
CLVS
1945
DELISTED
Clovis Oncology, Inc.
CLVS
| $4.17K | ﹤0.01% |
217,062
+2,712
| +1% | +$57.4K |
|
|
RAVN
1946
DELISTED
Raven Industries Inc
RAVN
| $4.16K | ﹤0.01% |
259,959
+10,337
| +4% | +$156K |
|
|
VASC
1947
DELISTED
Vascular Solutions Inc
VASC
| $4.16K | ﹤0.01% |
128,019
+17,235
| +16% | +$497K |
|
|
LDRH
1948
DELISTED
LDR HOLDINGS CORP COM STK
LDRH
| $4.15K | ﹤0.01% |
162,947
+7,155
| +5% | +$150K |
|
|
GTY
1949
Getty Realty Corp
GTY
$2.06B
| $4.14K | ﹤0.01% |
208,638
+14,784
| +8% | +$266K |
|
|
CET
1950
Central Securities Corp
CET
$1.62B
| – | – |
0
| – | – |
|
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.