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 | |
|---|---|---|---|---|---|---|
2376
Caesars Entertainment
CZR
$6.13B
| $2.07K | ﹤0.01% |
181,221
+9,134
| +5% | +$94.9K |
|
|
ZIONW
2377
DELISTED
Zions Bancorporation N.A. Warrants
ZIONW
| $2.07K | ﹤0.01% |
874,696
-25,104
| -3% | -$49.8K |
|
|
PGEM
2378
DELISTED
Ply Gem Holdings, Inc.
PGEM
| $2.07K | ﹤0.01% |
147,335
+20,354
| +16% | +$218K |
|
2379
First Community Bankshares
FCBC
$921M
| $2.07K | ﹤0.01% |
104,289
+1,177
| +1% | +$21.4K |
|
2380
Golar LNG
GLNG
$5.03B
| $2.07K | ﹤0.01% |
115,153
+13,180
| +13% | +$225K |
|
2381
Ambarella
AMBA
$3.65B
| $2.07K | ﹤0.01% |
46,225
+4,408
| +11% | +$182K |
|
|
AGEN
2382
Agenus
AGEN
$339M
| $2.06K | ﹤0.01% |
25,219
+2,082
| +9% | +$140K |
|
|
CRWN
2383
DELISTED
CROWN MEDIA HOLDINGS INC CL-A
CRWN
| $2.06K | ﹤0.01% |
405,342
+34,178
| +9% | +$161K |
|
2384
Tidewater
TDW
$4.2B
| $2.05K | ﹤0.01% |
9,318
+600
| +7% | +$119K |
|
2385
Seres Therapeutics
MCRB
$52.1M
| $2.04K | ﹤0.01% |
3,849
+94
| +3% | +$49.1K |
|
|
TACO
2386
DELISTED
Del Taco Restaurants, Inc. Common Stock
TACO
| $2.04K | ﹤0.01% |
197,534
+18,261
| +10% | +$184K |
|
2387
Harmonic Inc
HLIT
$1.35B
| $2.04K | ﹤0.01% |
623,959
+17,262
| +3% | +$56.5K |
|
2388
Seneca Foods Class A
SENEA
$1.18B
| $2.04K | ﹤0.01% |
58,661
+3,623
| +7% | +$110K |
|
2389
Sportsman's Warehouse
SPWH
$44.9M
| $2.04K | ﹤0.01% |
161,575
+17,249
| +12% | +$220K |
|
2390
Covenant Logistics
CVLG
$911M
| $2.03K | ﹤0.01% |
167,854
+23,272
| +16% | +$235K |
|
2391
IMAX
IMAX
$2.79B
| $2.03K | ﹤0.01% |
65,226
+6,270
| +11% | +$192K |
|
2392
Calix
CALX
$2.47B
| $2.02K | ﹤0.01% |
285,196
+30,489
| +12% | +$215K |
|
2393
Mercado Libre
MELI
$95.1B
| $2.02K | ﹤0.01% |
17,156
+1,158
| +7% | +$120K |
|
|
LIOX
2394
DELISTED
Lionbridge Technologies
LIOX
| $2.02K | ﹤0.01% |
398,355
+16,793
| +4% | +$76.6K |
|
2395
Myers Industries
MYE
$1.39B
| $2.01K | ﹤0.01% |
156,618
+2,085
| +1% | +$24.6K |
|
2396
Citizens
CIA
$235M
| $2.01K | ﹤0.01% |
277,986
+4,071
| +1% | +$28K |
|
2397
Hurco Companies Inc
HURC
$139M
| $2.01K | ﹤0.01% |
60,969
+44
| +0.1% | +$1.2K |
|
2398
Lifecore Biomedical
LFCR
$165M
| $2K | ﹤0.01% |
190,498
+18,461
| +11% | +$203K |
|
|
TNGO
2399
DELISTED
Tangoe, Inc.
TNGO
| $2K | ﹤0.01% |
253,214
+12,959
| +5% | +$102K |
|
|
SN
2400
DELISTED
Sanchez Energy Corporation
SN
| $1.99K | ﹤0.01% |
363,090
+40,612
| +13% | +$157K |
|
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.