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 | |
|---|---|---|---|---|---|---|
|
IXYS
2126
DELISTED
IXYS Corp
IXYS
| $3.04K | ﹤0.01% |
270,746
+10,934
| +4% | +$124K |
|
|
SP
2127
DELISTED
SP Plus Corporation
SP
| $3.04K | ﹤0.01% |
126,193
+10,923
| +9% | +$252K |
|
2128
Geron
GERN
$860M
| $3.03K | ﹤0.01% |
1,038,452
+12,432
| +1% | +$37.2K |
|
2129
Ollie's Bargain Outlet
OLLI
$4.66B
| $3.03K | ﹤0.01% |
129,414
+46,639
| +56% | +$958K |
|
2130
German American Bancorp
GABC
$1.92B
| $3.03K | ﹤0.01% |
141,135
+15,537
| +12% | +$328K |
|
|
CSW
2131
CSW Industrials
CSW
$5.69B
| $3.02K | ﹤0.01% |
96,042
+38,828
| +68% | +$1.25M |
|
|
WMC
2132
DELISTED
Western Asset Mortgage Capital Corporation
WMC
| $3.01K | ﹤0.01% |
29,975
+5,848
| +24% | +$585K |
|
2133
OneSpan
OSPN
$601M
| $3.01K | ﹤0.01% |
195,577
+11,118
| +6% | +$165K |
|
|
EQC.PRE
2134
DELISTED
EQUITY COMWLTH CUM RED PFD SR E 7.25% (MD)
EQC.PRE
| $3.01K | ﹤0.01% |
118,365
+19,794
| +20% | +$503K |
|
|
BLT
2135
DELISTED
BLOUNT INTERNATIONAL (NEW)
BLT
| $3K | ﹤0.01% |
301,151
+3,010
| +1% | +$28.9K |
|
|
SEVN
2136
Seven Hills Realty Trust
SEVN
$173M
| – | – |
0
| – | – |
|
2137
First Financial Corp
THFF
$985M
| $3K | ﹤0.01% |
87,830
+10,029
| +13% | +$331K |
|
|
GSIG
2138
DELISTED
GSI GROUP INC COM STK (CDA)
GSIG
| $3K | ﹤0.01% |
211,862
+12,382
| +6% | +$159K |
|
2139
Koppers
KOP
$1,000M
| $3K | ﹤0.01% |
133,371
+1,580
| +1% | +$28.2K |
|
|
COBZ
2140
DELISTED
CoBiz Financial,Inc
COBZ
| $3K | ﹤0.01% |
253,538
+6,632
| +3% | +$74.6K |
|
|
FNBC
2141
DELISTED
First NBC Bank Holding Company
FNBC
| $2.99K | ﹤0.01% |
145,254
+37,317
| +35% | +$990K |
|
2142
CEVA Inc
CEVA
$1.01B
| $2.98K | ﹤0.01% |
132,401
+681
| +0.5% | +$14.1K |
|
|
SGBK
2143
DELISTED
Stonegate Bank
SGBK
| $2.97K | ﹤0.01% |
99,101
+3,084
| +3% | +$92.2K |
|
|
ONCE
2144
DELISTED
Spark Therapeutics, Inc. Common Stock
ONCE
| $2.97K | ﹤0.01% |
100,565
+8,289
| +9% | +$261K |
|
2145
Vera Bradley
VRA
$99M
| $2.96K | ﹤0.01% |
145,791
+1,720
| +1% | +$28.1K |
|
|
SFS
2146
DELISTED
Smart & Final Stores, Inc.
SFS
| $2.96K | ﹤0.01% |
183,002
+5,219
| +3% | +$84.4K |
|
2147
VEON
VEON
$3.76B
| $2.96K | ﹤0.01% |
27,820
+2,470
| +10% | +$218K |
|
2148
MannKind Corp
MNKD
$1.22B
| $2.95K | ﹤0.01% |
366,542
+24,594
| +7% | +$141K |
|
2149
Anterix
ATEX
$2.07B
| $2.95K | ﹤0.01% |
85,892
+1,731
| +2% | +$45.7K |
|
|
FCB
2150
DELISTED
FCB Financial Holdings, Inc.
FCB
| $2.94K | ﹤0.01% |
88,467
+7,794
| +10% | +$248K |
|
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.