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 | |
|---|---|---|---|---|---|---|
2526
Stoneridge
SRI
$199M
| $1.66M | ﹤0.01% |
146,805
+2,323
| +2% | +$27.9K |
|
|
HCOM
2527
DELISTED
Hawaiian Telcom Holdco, Inc
HCOM
| $1.66M | ﹤0.01% |
62,181
+8,431
| +16% | +$222K |
|
|
PNX
2528
DELISTED
PHOENIX COMPANIES INC. NEW
PNX
| $1.65M | ﹤0.01% |
33,056
+1,298
| +4% | +$78.1K |
|
|
SCNB
2529
DELISTED
Suffolk Bancorp
SCNB
| $1.65M | ﹤0.01% |
69,492
+1,905
| +3% | +$43.1K |
|
|
IMBI
2530
DELISTED
iMedia Brands, Inc. Class A Common Stock
IMBI
| $1.65M | ﹤0.01% |
24,574
+2,239
| +10% | +$145K |
|
2531
Artivion
AORT
$1.37B
| $1.65M | ﹤0.01% |
158,724
+20,867
| +15% | +$230K |
|
2532
Miller Industries
MLR
$635M
| $1.65M | ﹤0.01% |
67,143
+12,645
| +23% | +$272K |
|
2533
Mercado Libre
MELI
$93.1B
| $1.64M | ﹤0.01% |
13,424
+1,608
| +14% | +$203K |
|
|
DS
2534
DELISTED
Drive Shack Inc.
DS
| $1.64M | ﹤0.01% |
338,533
| – | – |
|
2535
Universal Logistics Holdings
ULH
$516M
| $1.64M | ﹤0.01% |
65,153
+17,522
| +37% | +$441K |
|
2536
Bassett Furniture
BSET
$172M
| $1.64M | ﹤0.01% |
57,528
+4,776
| +9% | +$115K |
|
2537
Nice
NICE
$5.77B
| $1.63M | ﹤0.01% |
26,822
+1,297
| +5% | +$71.4K |
|
2538
NMI Holdings
NMIH
$3.37B
| $1.63M | ﹤0.01% |
218,062
+76,210
| +54% | +$596K |
|
|
VMEM
2539
DELISTED
VIOLIN MEMORY, INC.
VMEM
| $1.63M | ﹤0.01% |
108,347
+5,399
| +5% | +$86K |
|
|
KEYW
2540
DELISTED
The KEYW Holding Corporation
KEYW
| $1.63M | ﹤0.01% |
198,250
+16,189
| +9% | +$143K |
|
|
FLIC
2541
DELISTED
First of Long Island Corp
FLIC
| $1.63M | ﹤0.01% |
95,801
+11,615
| +14% | +$193K |
|
|
TCS
2542
DELISTED
THE CONTAINER STORE GROUP, INC.
TCS
| $1.62M | ﹤0.01% |
5,671
+389
| +7% | +$111K |
|
|
SQBG
2543
DELISTED
Sequential Brands Group, Inc.
SQBG
| $1.62M | ﹤0.01% |
3,787
+216
| +6% | +$91.1K |
|
|
QLTY
2544
DELISTED
QUALITY DISTR INC FLA
QLTY
| $1.62M | ﹤0.01% |
156,685
-3,803
| -2% | -$38.2K |
|
2545
NACCO Industries
NC
$322M
| $1.62M | ﹤0.01% |
133,604
| – | – |
|
|
AY
2546
DELISTED
Atlantica Sustainable Infrastructure plc Ordinary Shares
AY
| $1.61M | ﹤0.01% |
47,834
+4,630
| +11% | +$151K |
|
2547
Ducommun
DCO
$3.04B
| $1.61M | ﹤0.01% |
62,354
+3,381
| +6% | +$87.5K |
|
2548
Financial Institutions
FISI
$826M
| $1.6M | ﹤0.01% |
69,933
+2,300
| +3% | +$53.2K |
|
|
CTIC
2549
DELISTED
CTI BioPharma Corp. (DE) Common Stock
CTIC
| $1.6M | ﹤0.01% |
88,468
+6,894
| +8% | +$155K |
|
|
I
2550
DELISTED
INTELSAT S. A.
I
| $1.6M | ﹤0.01% |
133,406
-7,912
| -6% | -$114K |
|
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.