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 | |
|---|---|---|---|---|---|---|
|
IO
2551
DELISTED
ION Geophysical Corporation
IO
| $1.6M | ﹤0.01% |
49,167
-3,636
| -7% | -$130K |
|
|
IBTX
2552
DELISTED
Independent Bank Group, Inc.
IBTX
| $1.6M | ﹤0.01% |
41,076
+1,574
| +4% | +$56.1K |
|
|
AHRT
2553
AH Realty Trust
AHRT
$509M
| $1.6M | ﹤0.01% |
149,763
+16,637
| +12% | +$175K |
|
|
BMCH
2554
DELISTED
BMC Stock Holdings, Inc
BMCH
| $1.59M | ﹤0.01% |
88,272
+4,211
| +5% | +$68K |
|
2555
Methanex
MEOH
$4.26B
| $1.58M | ﹤0.01% |
29,498
+3,106
| +12% | +$156K |
|
2556
Liquidity Services
LQDT
$1.33B
| $1.58M | ﹤0.01% |
159,686
-9,288
| -5% | -$83.5K |
|
2557
American Vanguard Corp
AVD
$65.2M
| $1.57M | ﹤0.01% |
148,288
+14,328
| +11% | +$160K |
|
2558
STRATTEC Security
STRT
$339M
| $1.57M | ﹤0.01% |
21,329
+1,696
| +9% | +$120K |
|
2559
First Community Bankshares
FCBC
$937M
| $1.57M | ﹤0.01% |
89,785
+7,696
| +9% | +$126K |
|
|
PFC
2560
DELISTED
Premier Financial Corp. Common Stock
PFC
| $1.57M | ﹤0.01% |
95,892
+4,292
| +5% | +$69.5K |
|
|
CBR
2561
DELISTED
CIBER Inc.
CBR
| $1.57M | ﹤0.01% |
381,737
+39,061
| +11% | +$146K |
|
|
RALY
2562
DELISTED
RALLY SOFTWARE DEV CORP
RALY
| $1.57M | ﹤0.01% |
100,189
+17,901
| +22% | +$220K |
|
|
PGEM
2563
DELISTED
Ply Gem Holdings, Inc.
PGEM
| $1.57M | ﹤0.01% |
120,883
+26,837
| +29% | +$353K |
|
|
ARO
2564
DELISTED
Aeropostale Inc
ARO
| $1.57M | ﹤0.01% |
451,568
+62,294
| +16% | +$199K |
|
|
TAST
2565
DELISTED
Carrols Restaurant Group, Inc.
TAST
| $1.56M | ﹤0.01% |
188,661
+11,857
| +7% | +$95.1K |
|
|
CARB
2566
DELISTED
Carbonite Inc
CARB
| $1.56M | ﹤0.01% |
109,066
+18,961
| +21% | +$276K |
|
|
HNH
2567
DELISTED
Handy & Harman Holdings Ltd.
HNH
| $1.56M | ﹤0.01% |
37,957
+516
| +1% | +$22.6K |
|
|
CGRN
2568
DELISTED
Capstone Green Energy Corporation Common Stock
CGRN
| $1.55M | ﹤0.01% |
11,913
+46
| +0.4% | +$6.3K |
|
2569
Mercantile Bank Corp
MBWM
$1.06B
| $1.54M | ﹤0.01% |
78,985
+10,104
| +15% | +$196K |
|
2570
Dime Commercial Bancshares
DCOM
$1.82B
| $1.54M | ﹤0.01% |
59,545
+4,333
| +8% | +$111K |
|
|
RDS.B
2571
DELISTED
Royal Dutch Shell PLC ADS Class B
RDS.B
| $1.53M | ﹤0.01% |
24,473
+4,258
| +21% | +$282K |
|
|
SSNI
2572
DELISTED
Silver Spring Networks, Inc.
SSNI
| $1.53M | ﹤0.01% |
171,595
+14,698
| +9% | +$127K |
|
2573
Axcelis
ACLS
$4.45B
| $1.53M | ﹤0.01% |
160,675
+9,989
| +7% | +$103K |
|
|
CPRX
2574
DELISTED
Catalyst Pharmaceutical
CPRX
| $1.53M | ﹤0.01% |
352,848
+87,104
| +33% | +$314K |
|
2575
Camden National
CAC
$997M
| $1.53M | ﹤0.01% |
57,476
+4,046
| +8% | +$103K |
|
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.