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 | |
|---|---|---|---|---|---|---|
|
GLUU
2301
DELISTED
Glu Mobile Inc.
GLUU
| $2.32K | ﹤0.01% |
821,670
+107,075
| +15% | +$307K |
|
2302
Corcept Therapeutics
CORT
$11.9B
| $2.31K | ﹤0.01% |
494,148
-191
| -0% | -$744 |
|
2303
Rockwell Medical
RMTI
$29.4M
| $2.31K | ﹤0.01% |
2,795
+23
| +0.8% | +$18.1K |
|
|
CZR
2304
DELISTED
Caesars Entertainment Corporation
CZR
| $2.3K | ﹤0.01% |
338,433
+23,335
| +7% | +$164K |
|
|
DNI
2305
DELISTED
Dividend and Income Fund
DNI
| – | – |
0
| – | – |
|
|
ACTA
2306
DELISTED
Actua Corp
ACTA
| $2.3K | ﹤0.01% |
253,798
+12,235
| +5% | +$109K |
|
|
TXTR
2307
DELISTED
TEXTURA CORPORATION COM
TXTR
| $2.3K | ﹤0.01% |
123,256
+1,051
| +0.9% | +$17.7K |
|
|
CONN
2308
DELISTED
Conn's Inc.
CONN
| $2.29K | ﹤0.01% |
184,259
+16,570
| +10% | +$262K |
|
2309
Carriage Services
CSV
$640M
| $2.29K | ﹤0.01% |
106,023
+4,932
| +5% | +$105K |
|
2310
Arrow Financial
AROW
$674M
| $2.28K | ﹤0.01% |
108,936
+4,136
| +4% | +$86.3K |
|
|
TESO
2311
DELISTED
Tesco Corp
TESO
| $2.28K | ﹤0.01% |
265,388
+17,667
| +7% | +$125K |
|
2312
Houlihan Lokey
HLI
$8.91B
| $2.28K | ﹤0.01% |
91,678
+6,929
| +8% | +$168K |
|
|
PRTY
2313
DELISTED
Party City Holdco Inc.
PRTY
| $2.28K | ﹤0.01% |
151,571
+1,807
| +1% | +$19.9K |
|
2314
Sanofi
SNY
$102B
| $2.28K | ﹤0.01% |
56,740
+22,399
| +65% | +$900K |
|
|
OTIC
2315
DELISTED
Otonomy, Inc.
OTIC
| $2.27K | ﹤0.01% |
152,039
+44,388
| +41% | +$697K |
|
2316
Wingstop
WING
$3.41B
| $2.27K | ﹤0.01% |
99,977
+49,333
| +97% | +$1.16M |
|
|
HDP
2317
DELISTED
Hortonworks, Inc.
HDP
| $2.27K | ﹤0.01% |
200,671
+40,257
| +25% | +$472K |
|
|
XCRA
2318
DELISTED
Xcerra Corporation
XCRA
| $2.27K | ﹤0.01% |
347,561
+8,349
| +2% | +$46.5K |
|
2319
Extreme Networks
EXTR
$4.12B
| $2.26K | ﹤0.01% |
726,048
+20,457
| +3% | +$62.9K |
|
|
NVO
2320
Novo Nordisk
NVO
$209B
| $2.25K | ﹤0.01% |
83,086
-34,324
| -29% | -$920K |
|
2321
Royce Value Trust
RVT
$2.29B
| – | – |
0
| – | – |
|
2322
Quad
QUAD
$553M
| $2.23K | ﹤0.01% |
172,668
+1,860
| +1% | +$20.1K |
|
2323
Pathward Financial
CASH
$1.91B
| $2.23K | ﹤0.01% |
146,640
+3,582
| +3% | +$49.4K |
|
|
CSII
2324
DELISTED
Cardiovascular Systems, Inc.
CSII
| $2.22K | ﹤0.01% |
214,578
+21,543
| +11% | +$218K |
|
|
TRUE
2325
DELISTED
TrueCar
TRUE
| $2.22K | ﹤0.01% |
397,526
+6,248
| +2% | +$37.7K |
|
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.