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 | |
|---|---|---|---|---|---|---|
|
GAM
2401
General American Investors Company
GAM
$1.58B
| – | – |
0
| – | – |
|
|
LJPC
2402
DELISTED
La Jolla Pharmaceutical Company
LJPC
| $1.99K | ﹤0.01% |
95,082
+7,582
| +9% | +$135K |
|
2403
Akebia Therapeutics
AKBA
$351M
| $1.99K | ﹤0.01% |
220,579
+73,871
| +50% | +$599K |
|
|
SGYP
2404
DELISTED
Synergy Pharmaceuticals, Inc Common Stock
SGYP
| $1.99K | ﹤0.01% |
719,734
+55,327
| +8% | +$200K |
|
|
TARO
2405
DELISTED
Taro Pharmaceutical Industries Ltd.
TARO
| $1.97K | ﹤0.01% |
13,817
+1,008
| +8% | +$143K |
|
2406
Republic Bancorp
RBCAA
$1.95B
| $1.97K | ﹤0.01% |
76,336
-607
| -0.8% | -$15.4K |
|
2407
Alpha and Omega Semiconductor
AOSL
$942M
| $1.97K | ﹤0.01% |
166,216
+45,259
| +37% | +$477K |
|
2408
Mesa Laboratories
MLAB
$584M
| $1.97K | ﹤0.01% |
20,426
+1,310
| +7% | +$118K |
|
2409
Arrowhead Research
ARWR
$12.1B
| $1.97K | ﹤0.01% |
408,065
+31,293
| +8% | +$132K |
|
|
VRTV
2410
DELISTED
VERITIV CORPORATION
VRTV
| $1.97K | ﹤0.01% |
52,784
+564
| +1% | +$18.6K |
|
|
PHIIK
2411
DELISTED
PHI, Inc. Non-Voting Common Stock
PHIIK
| $1.97K | ﹤0.01% |
104,131
+8,196
| +9% | +$144K |
|
2412
Cytokinetics
CYTK
$10.4B
| $1.97K | ﹤0.01% |
278,830
-47,250
| -14% | -$345K |
|
|
CUDA
2413
DELISTED
Barracuda Networks, Inc.
CUDA
| $1.96K | ﹤0.01% |
127,648
+1,373
| +1% | +$17.5K |
|
2414
Editas Medicine
EDIT
$407M
| $1.96K | ﹤0.01% |
+56,809
| New | +$1.49M |
|
|
CIVI
2415
DELISTED
Civitas Solutions, Inc.
CIVI
| $1.96K | ﹤0.01% |
112,583
+7,705
| +7% | +$159K |
|
|
AERI
2416
DELISTED
Aerie Pharmaceuticals
AERI
| $1.96K | ﹤0.01% |
161,319
+925
| +0.6% | +$14.6K |
|
|
PGNX
2417
DELISTED
Progenics Pharmaceuticals Inc
PGNX
| $1.96K | ﹤0.01% |
448,564
-69,200
| -13% | -$308K |
|
2418
Stratasys
SSYS
$706M
| $1.95K | ﹤0.01% |
75,190
+6,833
| +10% | +$139K |
|
2419
Copa Holdings
CPA
$5.96B
| $1.95K | ﹤0.01% |
28,735
+3,256
| +13% | +$183K |
|
|
WSR
2420
DELISTED
Whitestone REIT
WSR
| $1.94K | ﹤0.01% |
154,346
+1,206
| +0.8% | +$13.5K |
|
|
PSTB
2421
DELISTED
Park Sterling Corp.
PSTB
| $1.94K | ﹤0.01% |
290,846
+26,746
| +10% | +$179K |
|
|
SREV
2422
DELISTED
ServiceSource International, Inc.
SREV
| $1.94K | ﹤0.01% |
455,149
+8,276
| +2% | +$33.5K |
|
2423
OFG Bancorp
OFG
$2.24B
| $1.94K | ﹤0.01% |
276,987
+3,188
| +1% | +$19.5K |
|
|
TBHC
2424
DELISTED
The Brand House Collective
TBHC
| $1.93K | ﹤0.01% |
110,480
+6,809
| +7% | +$95.2K |
|
2425
Malibu Boats
MBUU
$548M
| $1.93K | ﹤0.01% |
117,900
+15,098
| +15% | +$220K |
|
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.