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 | |
|---|---|---|---|---|---|---|
2601
Copa Holdings
CPA
$6.17B
| $1.47M | ﹤0.01% |
14,572
-15,610
| -52% | -$1.69M |
|
|
RVNC
2602
DELISTED
Revance Therapeutics, Inc.
RVNC
| $1.47M | ﹤0.01% |
70,772
+5,868
| +9% | +$101K |
|
|
VVUS
2603
DELISTED
Vivus Inc
VVUS
| $1.47M | ﹤0.01% |
59,608
+1,390
| +2% | +$38.6K |
|
|
FGL
2604
DELISTED
Fidelity & Guaranty Life
FGL
| $1.47M | ﹤0.01% |
69,137
+4,774
| +7% | +$104K |
|
|
VIVS
2605
VivoSim Labs
VIVS
$1.16M
| $1.46M | ﹤0.01% |
1,722
+215
| +14% | +$297K |
|
|
SFS
2606
DELISTED
Smart & Final Stores, Inc.
SFS
| $1.46M | ﹤0.01% |
82,907
+52,720
| +175% | +$835K |
|
|
ZU
2607
DELISTED
ZULILY INC CLASS A COMMON STOCK
ZU
| $1.46M | ﹤0.01% |
112,241
+6,655
| +6% | +$110K |
|
|
BBRG
2608
DELISTED
Bravo Brio Restaurant Group Inc.
BBRG
| $1.45M | ﹤0.01% |
98,934
+3,926
| +4% | +$53.9K |
|
|
AHGP
2609
DELISTED
Alliance Holdings GP
AHGP
| $1.45M | ﹤0.01% |
28,125
+7,797
| +38% | +$424K |
|
2610
Sanofi
SNY
$105B
| $1.45M | ﹤0.01% |
29,326
-5,119
| -15% | -$245K |
|
|
VIA
2611
DELISTED
Viacom Inc. Class A
VIA
| $1.45M | ﹤0.01% |
21,103
+2,149
| +11% | +$149K |
|
2612
Arbor Realty Trust
ABR
$979M
| $1.45M | ﹤0.01% |
207,519
+13,814
| +7% | +$97.4K |
|
|
MTSN
2613
DELISTED
MATTSON TECHNOLOGY INC
MTSN
| $1.45M | ﹤0.01% |
367,037
+24,205
| +7% | +$95.3K |
|
2614
Civeo
CVEO
$345M
| $1.45M | ﹤0.01% |
47,435
+411
| +0.9% | +$16.1K |
|
2615
Culp Inc
CULP
$44.2M
| $1.44M | ﹤0.01% |
53,953
+14,506
| +37% | +$328K |
|
|
CCF
2616
DELISTED
Chase Corporation
CCF
| $1.44M | ﹤0.01% |
33,016
+4,172
| +14% | +$164K |
|
2617
Angi Inc
ANGI
$188M
| $1.44M | ﹤0.01% |
24,538
-15
| -0.1% | -$886 |
|
|
GFIG
2618
DELISTED
GFI GROUP INC
GFIG
| $1.44M | ﹤0.01% |
242,683
-188,319
| -44% | -$1.1M |
|
2619
Stagwell
STGW
$2.27B
| $1.44M | ﹤0.01% |
50,718
+4,843
| +11% | +$122K |
|
2620
BlackBerry
BB
$5.22B
| $1.43M | ﹤0.01% |
160,614
+19,960
| +14% | +$203K |
|
|
AEPI
2621
DELISTED
AEP Industries Inc
AEPI
| $1.43M | ﹤0.01% |
26,057
+1,736
| +7% | +$90.8K |
|
2622
Vitamin Cottage Natural Grocers
NGVC
$644M
| $1.43M | ﹤0.01% |
51,900
+242
| +0.5% | +$6.89K |
|
|
BEAT
2623
DELISTED
BioTelemetry, Inc.
BEAT
| $1.43M | ﹤0.01% |
161,662
+9,908
| +7% | +$100K |
|
2624
Bank of Marin Bancorp
BMRC
$465M
| $1.43M | ﹤0.01% |
56,106
+6,516
| +13% | +$165K |
|
2625
Lineage Cell Therapeutics
LCTX
$273M
| $1.43M | ﹤0.01% |
355,460
+18,742
| +6% | +$64.8K |
|
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.