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 | |
|---|---|---|---|---|---|---|
2326
Fox Factory Holding Corp
FOXF
$824M
| $2.22K | ﹤0.01% |
140,398
+4,355
| +3% | +$66.9K |
|
|
BKMU
2327
DELISTED
Bank Mutual Corp
BKMU
| $2.21K | ﹤0.01% |
292,667
+4,694
| +2% | +$35.3K |
|
2328
DHI Group
DHX
$181M
| $2.21K | ﹤0.01% |
273,874
-673
| -0.2% | -$5.53K |
|
|
ARMH
2329
DELISTED
ARM HOLDINGS PLC ADS
ARMH
| $2.2K | ﹤0.01% |
50,301
-2,020
| -4% | -$84.5K |
|
2330
Metallus
MTUS
$884M
| $2.19K | ﹤0.01% |
241,161
-3,772
| -2% | -$27.6K |
|
2331
Axcelis
ACLS
$4.23B
| $2.19K | ﹤0.01% |
195,749
+12,908
| +7% | +$132K |
|
|
PBPB
2332
DELISTED
Potbelly
PBPB
| $2.19K | ﹤0.01% |
161,170
+11,925
| +8% | +$143K |
|
|
MRTX
2333
DELISTED
Mirati Therapeutics, Inc. Common Stock
MRTX
| $2.19K | ﹤0.01% |
102,128
-2,520
| -2% | -$56.4K |
|
|
CGI
2334
DELISTED
Celadon Group Inc
CGI
| $2.19K | ﹤0.01% |
208,584
+15,606
| +8% | +$141K |
|
|
STRP
2335
DELISTED
Straight Path Communications Inc.
STRP
| $2.19K | ﹤0.01% |
70,425
+3,516
| +5% | +$87.6K |
|
2336
Utah Medical Products
UTMD
$230M
| $2.18K | ﹤0.01% |
34,846
+4,815
| +16% | +$284K |
|
|
EXAC
2337
DELISTED
Exactech Inc
EXAC
| $2.18K | ﹤0.01% |
107,509
+18,413
| +21% | +$346K |
|
2338
Novartis
NVS
$292B
| $2.17K | ﹤0.01% |
33,463
+5,426
| +19% | +$369K |
|
|
GBNK
2339
DELISTED
Guaranty Bancorp
GBNK
| $2.17K | ﹤0.01% |
140,320
+2,946
| +2% | +$45.4K |
|
|
SGNT
2340
DELISTED
SAGENT PHARMACEUTICALS INC COM STK (DE)
SGNT
| $2.16K | ﹤0.01% |
177,927
+26,189
| +17% | +$367K |
|
2341
Independent Bank Corp
IBCP
$791M
| $2.16K | ﹤0.01% |
148,586
+1,265
| +0.9% | +$18.4K |
|
2342
Coherus Oncology
CHRS
$228M
| $2.16K | ﹤0.01% |
101,713
+8,935
| +10% | +$146K |
|
|
AHT.PRE
2343
DELISTED
ASHFORD HOSPITALITY TR INC 9.00% CUM PFD SER E
AHT.PRE
| $2.16K | ﹤0.01% |
90,228
+4,900
| +6% | +$116K |
|
|
IL
2344
DELISTED
IntraLinks Holdings Inc.
IL
| $2.15K | ﹤0.01% |
273,551
+19,093
| +8% | +$150K |
|
2345
Park Aerospace
PKE
$803M
| $2.15K | ﹤0.01% |
134,385
+10,043
| +8% | +$150K |
|
|
DEA
2346
Easterly Government Properties
DEA
$1.16B
| $2.15K | ﹤0.01% |
46,423
-1,210
| -3% | -$52.7K |
|
2347
MGP Ingredients
MGPI
$363M
| $2.15K | ﹤0.01% |
88,506
+4,635
| +6% | +$106K |
|
|
RT
2348
DELISTED
Ruby Tuesday Georgia
RT
| $2.15K | ﹤0.01% |
398,777
+2,955
| +0.7% | +$15.5K |
|
|
AFAM
2349
DELISTED
Almost Family Inc
AFAM
| $2.14K | ﹤0.01% |
57,558
+5,480
| +11% | +$205K |
|
|
UCFC
2350
DELISTED
United Community Financial Corp
UCFC
| $2.14K | ﹤0.01% |
364,932
+2,476
| +0.7% | +$14.3K |
|
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.