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 | |
|---|---|---|---|---|---|---|
2276
Match Group
MTCH
$9.61B
| $2.45K | ﹤0.01% |
221,387
+188,433
| +572% | +$2.16M |
|
|
RVNC
2277
DELISTED
Revance Therapeutics, Inc.
RVNC
| $2.44K | ﹤0.01% |
140,040
+11,322
| +9% | +$230K |
|
|
NSM
2278
DELISTED
Nationstar Mortgage Holdings
NSM
| $2.44K | ﹤0.01% |
246,350
+12,486
| +5% | +$133K |
|
2279
Atara Biotherapeutics
ATRA
$79.7M
| $2.43K | ﹤0.01% |
5,115
-175
| -3% | -$78.8K |
|
|
NMY
2280
DELISTED
Nuveen Maryland Quality Municipal Income Fund
NMY
| – | – |
0
| – | – |
|
|
SCMP
2281
DELISTED
Sucampo Pharmaceuticals, Inc.
SCMP
| $2.43K | ﹤0.01% |
222,333
+9,433
| +4% | +$119K |
|
2282
PDF Solutions
PDFS
$2.16B
| $2.43K | ﹤0.01% |
181,411
-3,023
| -2% | -$33.1K |
|
2283
Marcus Corp
MCS
$960M
| $2.43K | ﹤0.01% |
128,029
+13,001
| +11% | +$243K |
|
2284
Hooker Furnishings Corp
HOFT
$167M
| $2.42K | ﹤0.01% |
73,848
+2,043
| +3% | +$61.6K |
|
2285
Stoneridge
SRI
$212M
| $2.42K | ﹤0.01% |
166,342
+9,813
| +6% | +$123K |
|
2286
Unisys
UIS
$222M
| $2.41K | ﹤0.01% |
313,282
+3,400
| +1% | +$32.4K |
|
|
RRTS
2287
DELISTED
RoadRunner Transportation Systems, Inc.
RRTS
| $2.4K | ﹤0.01% |
7,717
-83
| -1% | -$21.7K |
|
|
TVTY
2288
DELISTED
Tivity Health, Inc. Common Stock
TVTY
| $2.4K | ﹤0.01% |
237,795
+5,130
| +2% | +$57.6K |
|
2289
NeoGenomics
NEO
$2.06B
| $2.39K | ﹤0.01% |
355,158
+13,052
| +4% | +$85.9K |
|
2290
Digi International
DGII
$2.77B
| $2.37K | ﹤0.01% |
251,163
+47,067
| +23% | +$429K |
|
2291
TG Therapeutics
TGTX
$7.23B
| $2.36K | ﹤0.01% |
277,119
+25,517
| +10% | +$223K |
|
2292
AngioDynamics
ANGO
$626M
| $2.36K | ﹤0.01% |
192,096
+8,265
| +4% | +$91.3K |
|
|
ACRE
2293
Ares Commercial Real Estate
ACRE
$261M
| $2.36K | ﹤0.01% |
215,542
+1,197
| +0.6% | +$12.5K |
|
2294
McEwen Inc
MUX
$1.12B
| $2.36K | ﹤0.01% |
125,531
+13,696
| +12% | +$213K |
|
2295
LGI Homes
LGIH
$1.43B
| $2.35K | ﹤0.01% |
96,885
-4,410
| -4% | -$98.2K |
|
2296
Mercantile Bank Corp
MBWM
$1.07B
| $2.34K | ﹤0.01% |
104,588
+2,009
| +2% | +$45.4K |
|
|
RSO
2297
DELISTED
Resource Capital Corp.
RSO
| $2.34K | ﹤0.01% |
208,193
+774
| +0.4% | +$8.28K |
|
|
FLIC
2298
DELISTED
First of Long Island Corp
FLIC
| $2.34K | ﹤0.01% |
122,964
+6,349
| +5% | +$118K |
|
|
WCIC
2299
DELISTED
WCI Communities, Inc.
WCIC
| $2.34K | ﹤0.01% |
125,753
+14,101
| +13% | +$266K |
|
|
FRP
2300
DELISTED
Fairpoint Communications, Inc.
FRP
| $2.33K | ﹤0.01% |
156,805
+871
| +0.6% | +$13K |
|
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.