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 | |
|---|---|---|---|---|---|---|
|
EGL
2351
DELISTED
Engility Holdings, Inc.
EGL
| $2.14K | ﹤0.01% |
114,220
+1,270
| +1% | +$22.8K |
|
|
LL
2352
DELISTED
LL Flooring Holdings, Inc.
LL
| $2.14K | ﹤0.01% |
163,058
+1,757
| +1% | +$22.1K |
|
|
BBOX
2353
DELISTED
Black Box Corp
BBOX
| $2.14K | ﹤0.01% |
158,633
-2,066
| -1% | -$22.2K |
|
|
VCRA
2354
DELISTED
VOCERA COMMUNICATIONS, INC.
VCRA
| $2.13K | ﹤0.01% |
167,486
+29,084
| +21% | +$403K |
|
|
NILE
2355
DELISTED
Blue Nile, Inc.
NILE
| $2.13K | ﹤0.01% |
82,932
+1,220
| +1% | +$35.7K |
|
2356
El Pollo Loco
LOCO
$499M
| $2.13K | ﹤0.01% |
159,756
+27,005
| +20% | +$340K |
|
2357
Daktronics
DAKT
$1.03B
| $2.13K | ﹤0.01% |
269,600
+17,300
| +7% | +$133K |
|
2358
Perdoceo Education
PRDO
$2.03B
| $2.13K | ﹤0.01% |
469,156
+50,582
| +12% | +$168K |
|
2359
Columbus McKinnon
CMCO
$604M
| $2.12K | ﹤0.01% |
134,544
+6,063
| +5% | +$89.6K |
|
2360
Camden National
CAC
$1.01B
| $2.12K | ﹤0.01% |
75,623
+9,513
| +14% | +$256K |
|
2361
LivePerson
LPSN
$23.6M
| $2.12K | ﹤0.01% |
24,124
+1,041
| +5% | +$85.7K |
|
|
NXRT
2362
NexPoint Residential Trust
NXRT
$655M
| $2.11K | ﹤0.01% |
161,514
+2,547
| +2% | +$30.9K |
|
|
LDR
2363
DELISTED
Landauer Inc
LDR
| $2.11K | ﹤0.01% |
63,911
+364
| +0.6% | +$10.9K |
|
|
IBTX
2364
DELISTED
Independent Bank Group, Inc.
IBTX
| $2.1K | ﹤0.01% |
76,774
+10,867
| +16% | +$316K |
|
2365
HDFC Bank
HDB
$122B
| $2.1K | ﹤0.01% |
136,044
+55,732
| +69% | +$796K |
|
2366
Cohu
COHU
$2.4B
| $2.09K | ﹤0.01% |
176,336
+1,231
| +0.7% | +$14.3K |
|
|
ABCW
2367
DELISTED
ANCHOR BANCORP WISCONSIN INC COMMON STOCK
ABCW
| $2.09K | ﹤0.01% |
46,370
+1,796
| +4% | +$76.5K |
|
|
YELL
2368
DELISTED
Yellow Corporation Common Stock
YELL
| $2.09K | ﹤0.01% |
223,992
+14,510
| +7% | +$138K |
|
|
INWK
2369
DELISTED
InnerWorkings, Inc.
INWK
| $2.08K | ﹤0.01% |
262,038
+17,487
| +7% | +$123K |
|
|
FGL
2370
DELISTED
Fidelity & Guaranty Life
FGL
| $2.08K | ﹤0.01% |
79,293
+609
| +0.8% | +$15.4K |
|
|
TRVN
2371
DELISTED
Trevena, Inc.
TRVN
| $2.08K | ﹤0.01% |
402
-4
| -1% | -$20.1K |
|
2372
Global Indemnity Group
GBLI
$402M
| $2.08K | ﹤0.01% |
66,726
+1,519
| +2% | +$44.4K |
|
|
BBG
2373
DELISTED
Bill Barrett Corp
BBG
| $2.08K | ﹤0.01% |
333,822
+45,947
| +16% | +$184K |
|
|
OLP
2374
One Liberty Properties
OLP
$530M
| $2.08K | ﹤0.01% |
92,609
+4,642
| +5% | +$97.5K |
|
|
BEAT
2375
DELISTED
BioTelemetry, Inc.
BEAT
| $2.08K | ﹤0.01% |
177,680
+3,654
| +2% | +$40.8K |
|
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.