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 | |
|---|---|---|---|---|---|---|
|
RTEC
2076
DELISTED
Rudolph Technologies Inc
RTEC
| $3.37K | ﹤0.01% |
246,499
+43,202
| +21% | +$545K |
|
|
CHUY
2077
DELISTED
Chuy's Holdings, Inc. Common Stock
CHUY
| $3.36K | ﹤0.01% |
108,230
+6,009
| +6% | +$194K |
|
2078
Marcus & Millichap
MMI
$1.16B
| $3.33K | ﹤0.01% |
131,215
-15,998
| -11% | -$375K |
|
2079
CTS Corp
CTS
$1.86B
| $3.33K | ﹤0.01% |
211,588
+2,300
| +1% | +$34.4K |
|
|
MESG
2080
DELISTED
XURA INC COM (DE)
MESG
| $3.33K | ﹤0.01% |
169,213
+10,436
| +7% | +$214K |
|
2081
Spok Holdings
SPOK
$232M
| $3.32K | ﹤0.01% |
189,671
+19,956
| +12% | +$339K |
|
2082
MarineMax
HZO
$774M
| $3.32K | ﹤0.01% |
170,362
+14,070
| +9% | +$242K |
|
|
BMTC
2083
DELISTED
Bryn Mawr Bank Corp
BMTC
| $3.32K | ﹤0.01% |
128,903
+2,116
| +2% | +$55K |
|
|
HIFR
2084
DELISTED
InfraREIT, Inc.
HIFR
| $3.31K | ﹤0.01% |
194,539
+46,087
| +31% | +$842K |
|
2085
TETRA Technologies
TTI
$1.15B
| $3.31K | ﹤0.01% |
521,679
+16,113
| +3% | +$94.3K |
|
2086
Marten Transport
MRTN
$1.22B
| $3.31K | ﹤0.01% |
441,685
+47,537
| +12% | +$326K |
|
|
EPZM
2087
DELISTED
Epizyme, Inc
EPZM
| $3.3K | ﹤0.01% |
272,389
+107,703
| +65% | +$1.09M |
|
|
SHOR
2088
DELISTED
ShoreTel, Inc.
SHOR
| $3.3K | ﹤0.01% |
443,340
-8,552
| -2% | -$65.3K |
|
|
PGTI
2089
DELISTED
PGT, Inc.
PGTI
| $3.3K | ﹤0.01% |
335,129
+16,479
| +5% | +$161K |
|
|
EPIQ
2090
DELISTED
EPIQ SYSTEMS INC
EPIQ
| $3.3K | ﹤0.01% |
219,475
+4,312
| +2% | +$55.4K |
|
|
ARNA
2091
DELISTED
Arena Pharmaceuticals Inc
ARNA
| $3.29K | ﹤0.01% |
167,289
+12,365
| +8% | +$198K |
|
2092
Douglas Dynamics
PLOW
$972M
| $3.29K | ﹤0.01% |
143,750
+3,459
| +2% | +$69.5K |
|
2093
Biglari Holdings Class B
BH
$1.23B
| $3.29K | ﹤0.01% |
13,278
-1,974
| -13% | -$476K |
|
2094
York Water
YORW
$499M
| $3.28K | ﹤0.01% |
107,539
+3,276
| +3% | +$89.8K |
|
2095
Hackett Group
HCKT
$285M
| $3.28K | ﹤0.01% |
217,046
+33,211
| +18% | +$475K |
|
|
GTT
2096
DELISTED
GTT Communications, Inc.
GTT
| $3.28K | ﹤0.01% |
198,215
+13,045
| +7% | +$199K |
|
2097
Icahn Enterprises
IEP
$5.22B
| $3.27K | ﹤0.01% |
51,957
+5,094
| +11% | +$293K |
|
|
RDUS
2098
DELISTED
Radius Recycling
RDUS
| $3.27K | ﹤0.01% |
177,487
+1,876
| +1% | +$27.7K |
|
2099
Southern Copper
SCCO
$155B
| $3.27K | ﹤0.01% |
128,165
+27,861
| +28% | +$659K |
|
|
KERX
2100
DELISTED
Keryx Biopharmaceuticals Inc
KERX
| $3.27K | ﹤0.01% |
699,895
+36,038
| +5% | +$144K |
|
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.