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 | |
|---|---|---|---|---|---|---|
|
DRNA
2576
DELISTED
Dicerna Pharmaceuticals, Inc.
DRNA
| $1.52M | ﹤0.01% |
63,497
+7,292
| +13% | +$164K |
|
|
TWOU
2577
DELISTED
2U Inc
TWOU
| $1.52M | ﹤0.01% |
1,983
+210
| +12% | +$120K |
|
|
TREC
2578
DELISTED
Trecora Resources
TREC
| $1.51M | ﹤0.01% |
124,244
+23,550
| +23% | +$323K |
|
|
POWR
2579
DELISTED
POWERSECURE INTL INC COM STK (DE)
POWR
| $1.51M | ﹤0.01% |
114,928
+1,312
| +1% | +$14.3K |
|
|
WCIC
2580
DELISTED
WCI Communities, Inc.
WCIC
| $1.51M | ﹤0.01% |
63,106
+16,638
| +36% | +$350K |
|
|
GIFI
2581
DELISTED
Gulf Island Fabrication
GIFI
| $1.51M | ﹤0.01% |
101,518
+19,758
| +24% | +$321K |
|
|
SIGM
2582
DELISTED
Sigma Designs Inc
SIGM
| $1.51M | ﹤0.01% |
187,802
+40,702
| +28% | +$291K |
|
2583
Freshpet
FRPT
$3.47B
| $1.51M | ﹤0.01% |
77,545
+25,820
| +50% | +$433K |
|
|
RTK
2584
DELISTED
Rentech, Inc.
RTK
| $1.51M | ﹤0.01% |
134,470
+7,255
| +6% | +$90.5K |
|
|
QADA
2585
DELISTED
QAD Inc.
QADA
| $1.5M | ﹤0.01% |
62,094
+41,589
| +203% | +$888K |
|
|
VSLR
2586
DELISTED
VIVINT SOLAR, INC.
VSLR
| $1.5M | ﹤0.01% |
123,626
+73,094
| +145% | +$691K |
|
|
GBNK
2587
DELISTED
Guaranty Bancorp
GBNK
| $1.5M | ﹤0.01% |
88,427
+5,018
| +6% | +$76.5K |
|
|
AFOP
2588
DELISTED
Alliance Fiber Optic Prod Inc
AFOP
| $1.5M | ﹤0.01% |
86,143
+348
| +0.4% | +$5.62K |
|
|
JMBA
2589
DELISTED
Jamba, Inc.
JMBA
| $1.5M | ﹤0.01% |
101,688
+15,057
| +17% | +$230K |
|
|
SEAC
2590
DELISTED
Seachange International Inc
SEAC
| $1.49M | ﹤0.01% |
9,492
+2,097
| +28% | +$307K |
|
2591
Prudential
PUK
$34.3B
| $1.49M | ﹤0.01% |
30,768
+3,856
| +14% | +$183K |
|
2592
INNOVATE Corp
VATE
$103M
| $1.49M | ﹤0.01% |
+13,590
| New | +$1.15M |
|
|
CRRC
2593
DELISTED
COURIER CORP
CRRC
| $1.49M | ﹤0.01% |
60,805
+11,869
| +24% | +$260K |
|
2594
Kratos Defense & Security Solutions
KTOS
$11.7B
| $1.49M | ﹤0.01% |
268,989
+21,642
| +9% | +$117K |
|
|
BRT
2595
BRT Apartments
BRT
$271M
| $1.49M | ﹤0.01% |
208,254
+183,596
| +745% | +$1.29M |
|
|
MXWL
2596
DELISTED
Maxwell Technologies Inc
MXWL
| $1.48M | ﹤0.01% |
184,223
+13,167
| +8% | +$101K |
|
|
INWK
2597
DELISTED
InnerWorkings, Inc.
INWK
| $1.48M | ﹤0.01% |
220,734
+9,237
| +4% | +$57.9K |
|
|
CLMS
2598
DELISTED
Calamos Asset Management, Inc.
CLMS
| $1.48M | ﹤0.01% |
110,260
+3,128
| +3% | +$40.4K |
|
2599
Titan Machinery
TITN
$423M
| $1.48M | ﹤0.01% |
110,826
+10,767
| +11% | +$145K |
|
2600
Ocular Therapeutix
OCUL
$2.22B
| $1.48M | ﹤0.01% |
35,207
+6,743
| +24% | +$222K |
|
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.