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 | |
|---|---|---|---|---|---|---|
|
BGFV
2051
DELISTED
Big 5 Sporting Goods
BGFV
| $3.54K | ﹤0.01% |
318,879
+4,377
| +1% | +$51.2K |
|
2052
Comtech Telecommunications
CMTL
$49.7M
| $3.54K | ﹤0.01% |
151,499
-2,660
| -2% | -$54.4K |
|
|
LCI
2053
DELISTED
Lannett Company, Inc.
LCI
| $3.54K | ﹤0.01% |
49,358
+1,393
| +3% | +$147K |
|
|
FTD
2054
DELISTED
FTD Companies, Inc. Common Stock
FTD
| $3.53K | ﹤0.01% |
134,523
+7,881
| +6% | +$191K |
|
2055
QuidelOrtho
QDEL
$1.21B
| $3.53K | ﹤0.01% |
204,434
+62
| +0% | +$1.04K |
|
|
SUP
2056
DELISTED
Superior Industries International
SUP
| $3.51K | ﹤0.01% |
159,149
+7,512
| +5% | +$147K |
|
|
TAST
2057
DELISTED
Carrols Restaurant Group, Inc.
TAST
| $3.51K | ﹤0.01% |
243,022
+33,168
| +16% | +$433K |
|
|
LDL
2058
DELISTED
Lydall, Inc.
LDL
| $3.5K | ﹤0.01% |
107,793
+5,251
| +5% | +$154K |
|
|
LNW
2059
DELISTED
Light & Wonder
LNW
| $3.5K | ﹤0.01% |
371,647
+37,586
| +11% | +$281K |
|
|
OCLR
2060
DELISTED
Oclaro Inc.
OCLR
| $3.5K | ﹤0.01% |
648,639
+12,990
| +2% | +$54.8K |
|
|
LHCG
2061
DELISTED
LHC Group LLC
LHCG
| $3.5K | ﹤0.01% |
98,395
+14,765
| +18% | +$543K |
|
2062
Moelis & Co
MC
$5.08B
| $3.5K | ﹤0.01% |
123,844
+1,015
| +0.8% | +$26K |
|
|
SSNI
2063
DELISTED
Silver Spring Networks, Inc.
SSNI
| $3.49K | ﹤0.01% |
236,689
+19,525
| +9% | +$244K |
|
2064
Q2 Holdings
QTWO
$3.99B
| $3.48K | ﹤0.01% |
144,959
+1,140
| +0.8% | +$24.5K |
|
2065
Par Pacific Holdings
PARR
$4.16B
| $3.48K | ﹤0.01% |
185,382
-6,873
| -4% | -$147K |
|
2066
Performance Food Group
PFGC
$18B
| $3.48K | ﹤0.01% |
148,828
+3,438
| +2% | +$78.4K |
|
2067
Center Bancorp
CNOB
$1.68B
| $3.47K | ﹤0.01% |
212,249
+18,752
| +10% | +$305K |
|
|
KRA
2068
DELISTED
Kraton Corporation
KRA
| $3.46K | ﹤0.01% |
199,785
-28,510
| -12% | -$444K |
|
2069
PC Connection
CNXN
$2.16B
| $3.43K | ﹤0.01% |
133,075
+7,590
| +6% | +$173K |
|
|
PPBI
2070
DELISTED
Pacific Premier Bancorp
PPBI
| $3.41K | ﹤0.01% |
159,594
+26,983
| +20% | +$551K |
|
|
TTSH
2071
DELISTED
Tile Shop Holdings
TTSH
| $3.4K | ﹤0.01% |
228,176
+48,377
| +27% | +$688K |
|
2072
Modine Manufacturing
MOD
$10.7B
| $3.39K | ﹤0.01% |
308,307
+51
| +0% | +$433 |
|
2073
Sonida Senior Living
SNDA
$1.9B
| $3.39K | ﹤0.01% |
12,193
+150
| +1% | +$39.1K |
|
2074
Waterstone Financial
WSBF
$375M
| $3.38K | ﹤0.01% |
247,409
+5,120
| +2% | +$70.3K |
|
2075
Amphastar Pharmaceuticals
AMPH
$892M
| $3.38K | ﹤0.01% |
281,280
+18,680
| +7% | +$220K |
|
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.