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 |
AGN
Allergan plc
AGN
|
+$321M |
| 2 |
Medtronic
MDT
|
+$290M |
| 3 |
Apple
AAPL
|
+$171M |
| 4 |
Alphabet (Google) Class C
GOOG
|
+$101M |
| 5 |
Microsoft
MSFT
|
+$97.5M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
SWS
SWS GROUP INC
SWS
|
+$970M |
| 2 |
AGN
Allergan Inc
AGN
|
+$459M |
| 3 |
COV
COVIDIEN PLC COM SHS NEW (IRELAND)
COV
|
+$349M |
| 4 |
Eversource Energy
ES
|
+$130M |
| 5 |
CFN
CAREFUSION CORPORATION
CFN
|
+$93.6M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 14.99% |
| 2 | Financials | 14.59% |
| 3 | Technology | 14.54% |
| 4 | Industrials | 10.59% |
| 5 | Consumer Discretionary | 9.1% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
NEWS
2501
DELISTED
NewStar Financial, Inc.
NEWS
| $1.73M | ﹤0.01% |
147,376
+5,909
| +4% | +$63.7K |
|
|
DSPG
2502
DELISTED
DSP Group Inc
DSPG
| $1.73M | ﹤0.01% |
144,209
+20,028
| +16% | +$224K |
|
|
BLCM
2503
DELISTED
Bellicum Pharmaceuticals, Inc.
BLCM
| $1.73M | ﹤0.01% |
+7,451
| New | +$1.8M |
|
|
REGI
2504
DELISTED
Renewable Energy Group, Inc.
REGI
| $1.72M | ﹤0.01% |
186,816
+18,334
| +11% | +$167K |
|
|
POZN
2505
DELISTED
POZEN INC
POZN
| $1.72M | ﹤0.01% |
223,003
+22,422
| +11% | +$163K |
|
|
INFO
2506
DELISTED
IHS Markit Ltd. Common Shares
INFO
| $1.72M | ﹤0.01% |
63,864
+16,202
| +34% | +$428K |
|
2507
Utah Medical Products
UTMD
$228M
| $1.72M | ﹤0.01% |
28,653
+14,976
| +109% | +$880K |
|
|
BKYF
2508
DELISTED
BK KY FINL CORP
BKYF
| $1.71M | ﹤0.01% |
34,959
+2,905
| +9% | +$137K |
|
|
XCO
2509
DELISTED
Exco Resources
XCO
| $1.71M | ﹤0.01% |
62,356
+839
| +1% | +$24.8K |
|
2510
KRONOS Worldwide
KRO
$963M
| $1.71M | ﹤0.01% |
135,098
+1,881
| +1% | +$22.9K |
|
|
CSBK
2511
DELISTED
Clifton Bancorp Inc.
CSBK
| $1.71M | ﹤0.01% |
121,069
+50,896
| +73% | +$688K |
|
2512
Teekay Tankers
TNK
$2.89B
| $1.71M | ﹤0.01% |
37,188
+27,322
| +277% | +$1.24M |
|
|
BBNK
2513
DELISTED
BRIDGE CAPITAL HOLDINGS
BBNK
| $1.71M | ﹤0.01% |
65,352
+15,281
| +31% | +$351K |
|
|
ZSPH
2514
DELISTED
ZS PHARMA INC COMS TK (DE)
ZSPH
| $1.7M | ﹤0.01% |
40,410
+1,456
| +4% | +$66.6K |
|
2515
Peapack-Gladstone Financial
PGC
$823M
| $1.7M | ﹤0.01% |
78,667
+33,139
| +73% | +$646K |
|
2516
Vicor
VICR
$10.7B
| $1.7M | ﹤0.01% |
111,528
+15,190
| +16% | +$196K |
|
|
ENTR
2517
DELISTED
ENTROPIC COMMUNICATIONS INC COM STK (DE)
ENTR
| $1.69M | ﹤0.01% |
572,565
-7,056
| -1% | -$19.8K |
|
|
MBVT
2518
DELISTED
Merchants Bancshares Inc
MBVT
| $1.69M | ﹤0.01% |
58,031
+2,874
| +5% | +$82.3K |
|
|
SRGA
2519
DELISTED
Surgalign Holdings, Inc. Common Stock
SRGA
| $1.69M | ﹤0.01% |
11,393
+1,259
| +12% | +$192K |
|
2520
Cytosorbents Corp
CTSO
$23.8M
| $1.68M | ﹤0.01% |
+127,243
| New | +$1.31M |
|
2521
Cohu
COHU
$2.76B
| $1.67M | ﹤0.01% |
152,831
+21,750
| +17% | +$246K |
|
2522
Seneca Foods Class A
SENEA
$1.32B
| $1.67M | ﹤0.01% |
55,951
+6,269
| +13% | +$171K |
|
|
ONDK
2523
DELISTED
On Deck Capital, Inc.
ONDK
| $1.67M | ﹤0.01% |
+78,320
| New | +$1.48M |
|
2524
British American Tobacco
BTI
$124B
| $1.66M | ﹤0.01% |
32,070
+1,502
| +5% | +$83.3K |
|
2525
Vince Holding Corp
VNCE
$79.3M
| $1.66M | ﹤0.01% |
8,944
+1,112
| +14% | +$249K |
|
Similar funds
Geode Capital Management's Q1 2015 Portfolio in Review
As of Q1 2015, Geode Capital Management held 4,062 positions worth $175B, up 4.1% from $168B the previous quarter. Its ten largest holdings account for 15% of the portfolio.
Trading was light in Q1 2015: portfolio turnover was 4.8%. Geode Capital Management opened 82 new positions and exited 115, leaving the 4,062-position portfolio largely intact.
By sector, the portfolio is most concentrated in Healthcare at 15% of assets, up from 14% a quarter earlier, followed by Financials and Technology.
- Geode Capital Management's largest Q1 2015 buy was TRIBUNE MEDIA COMPANY CLASS A: 453,455 shares worth $27.6M.
- Geode Capital Management added most to Allergan plc in Q1 2015, an estimated $321M increase.
- Geode Capital Management's biggest Q1 2015 reduction was Vornado Realty Trust, cutting an estimated $8.04M.
- Geode Capital Management fully exited SWS GROUP INC in Q1 2015, selling an estimated $970M.
- Geode Capital Management's ten largest holdings make up 15% of its $175B portfolio in Q1 2015.
- Geode Capital Management opened 82 new positions and closed 115 in Q1 2015.
- Geode Capital Management's portfolio value rose 4.1% quarter-over-quarter to $175B.
Based on Geode Capital Management's 13F filing for Q1 2015, filed 14 May 2015.