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 | |
|---|---|---|---|---|---|---|
|
SPPI
2251
DELISTED
Spectrum Pharmaceuticals Inc
SPPI
| $2.5K | ﹤0.01% |
393,699
+3,699
| +0.9% | +$19K |
|
2252
Hawkins
HWKN
$2.81B
| $2.5K | ﹤0.01% |
138,644
+8,196
| +6% | +$141K |
|
|
DX
2253
Dynex Capital
DX
$3.15B
| $2.5K | ﹤0.01% |
125,357
| – | – |
|
2254
Tredegar Corp
TG
$267M
| $2.49K | ﹤0.01% |
158,658
+490
| +0.3% | +$6.66K |
|
|
CCF
2255
DELISTED
Chase Corporation
CCF
| $2.48K | ﹤0.01% |
47,271
+3,199
| +7% | +$147K |
|
|
NPKI
2256
NPK International
NPKI
$1.17B
| $2.48K | ﹤0.01% |
574,374
+48,363
| +9% | +$207K |
|
|
HTB
2257
HomeTrust Bancshares
HTB
$877M
| $2.48K | ﹤0.01% |
135,298
+1,812
| +1% | +$33.1K |
|
|
UAM
2258
DELISTED
Universal American Corp
UAM
| $2.48K | ﹤0.01% |
346,998
+4,243
| +1% | +$27.6K |
|
|
TGH
2259
DELISTED
Textainer Group Holdings limited
TGH
| $2.47K | ﹤0.01% |
166,726
+1,172
| +0.7% | +$13.5K |
|
|
MWW
2260
DELISTED
Monster Worldwide Inc
MWW
| $2.47K | ﹤0.01% |
758,185
+198,619
| +35% | +$773K |
|
|
WW
2261
DELISTED
WW International
WW
| $2.47K | ﹤0.01% |
169,951
+1,683
| +1% | +$22.9K |
|
2262
ASML
ASML
$654B
| $2.46K | ﹤0.01% |
24,548
+1,275
| +5% | +$115K |
|
2263
Plug Power
PLUG
$3.03B
| $2.46K | ﹤0.01% |
1,201,383
+85,095
| +8% | +$160K |
|
|
UNTD
2264
DELISTED
UNITED ONLINE INC COM NEW
UNTD
| $2.46K | ﹤0.01% |
213,407
-19,596
| -8% | -$220K |
|
2265
Barnes & Noble Education
BNED
$448M
| $2.46K | ﹤0.01% |
2,510
+124
| +5% | +$124K |
|
2266
Teekay
TK
$979M
| $2.46K | ﹤0.01% |
283,851
-249,513
| -47% | -$1.88M |
|
|
GOOD
2267
Gladstone Commercial Corp
GOOD
$604M
| $2.46K | ﹤0.01% |
150,017
+7,037
| +5% | +$104K |
|
|
REGI
2268
DELISTED
Renewable Energy Group, Inc.
REGI
| $2.46K | ﹤0.01% |
260,309
+31,390
| +14% | +$241K |
|
2269
NN Inc
NNBR
$294M
| $2.45K | ﹤0.01% |
179,380
+8,844
| +5% | +$110K |
|
|
BHR
2270
Braemar Hotels & Resorts
BHR
$147M
| $2.45K | ﹤0.01% |
212,289
+4,201
| +2% | +$44.7K |
|
2271
Kodak
KODK
$896M
| $2.45K | ﹤0.01% |
226,044
+1,502
| +0.7% | +$14.7K |
|
|
XENT
2272
DELISTED
Intersect ENT, Inc
XENT
| $2.45K | ﹤0.01% |
129,093
+12,240
| +10% | +$222K |
|
|
XYZ
2273
Block Inc
XYZ
$50.3B
| $2.45K | ﹤0.01% |
160,378
+143,650
| +859% | +$1.56M |
|
2274
Angi Inc
ANGI
$247M
| $2.45K | ﹤0.01% |
30,351
+1,720
| +6% | +$149K |
|
|
TUES
2275
DELISTED
Tuesday Morning Corp
TUES
| $2.45K | ﹤0.01% |
299,504
+11,768
| +4% | +$77.1K |
|
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.