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 | |
|---|---|---|---|---|---|---|
|
LUMO
2151
DELISTED
Lumos Pharma, Inc. Common Stock
LUMO
| $2.94K | ﹤0.01% |
17,920
+929
| +5% | +$188K |
|
|
SGMO
2152
DELISTED
SANGAMO THERAPEUTICS INC
SGMO
| $2.93K | ﹤0.01% |
484,858
+26,301
| +6% | +$158K |
|
2153
Zumiez
ZUMZ
$336M
| $2.93K | ﹤0.01% |
146,947
+1,290
| +0.9% | +$24.2K |
|
|
ENT
2154
DELISTED
Global Eagle Entertainment Inc.
ENT
| $2.92K | ﹤0.01% |
13,706
+848
| +7% | +$198K |
|
|
UNT
2155
DELISTED
UNIT Corporation
UNT
| $2.91K | ﹤0.01% |
330,544
+31,624
| +11% | +$271K |
|
|
CWEN.A
2156
DELISTED
Clearway Energy Class A
CWEN.A
| $2.91K | ﹤0.01% |
214,590
+6,568
| +3% | +$81.5K |
|
2157
Xencor
XNCR
$1.48B
| $2.91K | ﹤0.01% |
216,860
+12,622
| +6% | +$149K |
|
|
FDML
2158
DELISTED
Federal-Mogul Holdings Corporation
FDML
| $2.9K | ﹤0.01% |
293,892
+3,720
| +1% | +$23.3K |
|
2159
SunCoke Energy
SXC
$753M
| $2.9K | ﹤0.01% |
445,901
-68,432
| -13% | -$291K |
|
|
HSII
2160
DELISTED
Heidrick & Struggles
HSII
| $2.89K | ﹤0.01% |
121,839
+6,501
| +6% | +$157K |
|
2161
Medifast
MED
$145M
| $2.88K | ﹤0.01% |
95,601
+18,506
| +24% | +$541K |
|
|
INFO
2162
DELISTED
IHS Markit Ltd. Common Shares
INFO
| $2.88K | ﹤0.01% |
81,603
+5,875
| +8% | +$171K |
|
2163
National Presto Industries
NPK
$975M
| $2.88K | ﹤0.01% |
34,372
+3,954
| +13% | +$317K |
|
2164
Haverty Furniture Companies
HVT
$455M
| $2.88K | ﹤0.01% |
135,949
+9,867
| +8% | +$193K |
|
2165
Seacoast Banking Corp of Florida
SBCF
$3.43B
| $2.87K | ﹤0.01% |
181,985
+21,018
| +13% | +$311K |
|
2166
Westwood Holdings Group
WHG
$183M
| $2.87K | ﹤0.01% |
48,972
+3,897
| +9% | +$196K |
|
2167
Installed Building Products
IBP
$6.41B
| $2.85K | ﹤0.01% |
107,221
+212
| +0.2% | +$4.67K |
|
2168
First Bancorp
FBP
$4.46B
| $2.85K | ﹤0.01% |
974,503
-48,307
| -5% | -$129K |
|
|
AMRI
2169
DELISTED
Albany Molecular Research Inc
AMRI
| $2.84K | ﹤0.01% |
185,738
+21,565
| +13% | +$338K |
|
|
INSY
2170
DELISTED
Insys Therapeutics, Inc.
INSY
| $2.84K | ﹤0.01% |
177,465
+10,861
| +7% | +$206K |
|
2171
Artesian Resources
ARTNA
$351M
| $2.83K | ﹤0.01% |
101,304
+54,360
| +116% | +$1.52M |
|
2172
Globalstar
GSAT
$10.8B
| $2.83K | ﹤0.01% |
128,468
+6,651
| +5% | +$127K |
|
2173
Magnite
MGNI
$2.99B
| $2.83K | ﹤0.01% |
154,663
+16,647
| +12% | +$255K |
|
2174
Entravision Communication
EVC
$1.07B
| $2.81K | ﹤0.01% |
378,465
+6,508
| +2% | +$48K |
|
|
COWN
2175
DELISTED
Cowen Inc. Class A Common Stock
COWN
| $2.81K | ﹤0.01% |
184,501
+3,238
| +2% | +$42.4K |
|
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.