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 | |
|---|---|---|---|---|---|---|
|
NATL
2176
DELISTED
National Interstate Corporation
NATL
| $2.81K | ﹤0.01% |
93,889
+631
| +0.7% | +$16.3K |
|
2177
Financial Institutions
FISI
$841M
| $2.81K | ﹤0.01% |
96,573
+10,864
| +13% | +$296K |
|
|
GPX
2178
DELISTED
GP Strategies Corp.
GPX
| $2.79K | ﹤0.01% |
102,005
+952
| +0.9% | +$23.2K |
|
|
BHBK
2179
DELISTED
Blue Hills Bancorp, Inc.
BHBK
| $2.79K | ﹤0.01% |
204,203
+9,903
| +5% | +$139K |
|
|
NMBL
2180
DELISTED
Nimble Storage, Inc.
NMBL
| $2.79K | ﹤0.01% |
355,917
+25,192
| +8% | +$179K |
|
|
CRC
2181
DELISTED
California Resources Corporation
CRC
| $2.78K | ﹤0.01% |
270,308
+84,905
| +46% | +$1M |
|
|
TMHC
2182
DELISTED
Taylor Morrison
TMHC
| $2.77K | ﹤0.01% |
196,522
+2,457
| +1% | +$32.5K |
|
|
EGRX
2183
DELISTED
Eagle Pharmaceuticals, Inc.
EGRX
| $2.77K | ﹤0.01% |
68,433
-1,517
| -2% | -$96.3K |
|
2184
OraSure Technologies
OSUR
$287M
| $2.77K | ﹤0.01% |
383,144
+24,329
| +7% | +$155K |
|
|
SNC
2185
DELISTED
State National Companies, Inc.
SNC
| $2.77K | ﹤0.01% |
219,502
+12,283
| +6% | +$133K |
|
|
XOXO
2186
DELISTED
Xo Group Inc
XOXO
| $2.76K | ﹤0.01% |
171,981
+24,364
| +17% | +$366K |
|
2187
Forrester Research
FORR
$228M
| $2.75K | ﹤0.01% |
81,909
+1,523
| +2% | +$46.9K |
|
2188
Mercer International
MERC
$47.5M
| $2.75K | ﹤0.01% |
291,310
+9,856
| +4% | +$79.6K |
|
|
RFP
2189
DELISTED
Resolute Forest Products Inc.
RFP
| $2.74K | ﹤0.01% |
497,954
| – | – |
|
2190
Bassett Furniture
BSET
$173M
| $2.74K | ﹤0.01% |
86,084
+1,635
| +2% | +$48.3K |
|
|
PFC
2191
DELISTED
Premier Financial Corp. Common Stock
PFC
| $2.74K | ﹤0.01% |
142,490
-6,506
| -4% | -$124K |
|
2192
Preferred Bank
PFBC
$1.27B
| $2.73K | ﹤0.01% |
90,330
+4,749
| +6% | +$143K |
|
2193
West Bancorporation
WTBA
$488M
| $2.72K | ﹤0.01% |
149,458
+3,447
| +2% | +$61.9K |
|
2194
Forestar Group
FOR
$1.5B
| $2.71K | ﹤0.01% |
208,017
+2,779
| +1% | +$28K |
|
|
RLYP
2195
DELISTED
RELYPSA INC COM
RLYP
| $2.71K | ﹤0.01% |
199,763
+3,537
| +2% | +$60.1K |
|
2196
Enviri
NVRI
$671M
| $2.7K | ﹤0.01% |
494,753
+5,683
| +1% | +$32.8K |
|
2197
PJT Partners
PJT
$4.38B
| $2.7K | ﹤0.01% |
112,116
-1,552
| -1% | -$40K |
|
|
AXDX
2198
DELISTED
Accelerate Diagnostics
AXDX
| $2.69K | ﹤0.01% |
18,738
+991
| +6% | +$140K |
|
2199
Flex
FLEX
$46.8B
| $2.69K | ﹤0.01% |
298,307
+16,435
| +6% | +$132K |
|
|
LBY
2200
DELISTED
Libbey, Inc.
LBY
| $2.68K | ﹤0.01% |
144,227
+6,549
| +5% | +$115K |
|
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.