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 | |
|---|---|---|---|---|---|---|
|
ORM
2676
DELISTED
Owens Realty Mortgage, Inc.
ORM
| $1.3M | ﹤0.01% |
87,135
+54,252
| +165% | +$752K |
|
2677
Orion Group Holdings
ORN
$397M
| $1.3M | ﹤0.01% |
146,915
+12,007
| +9% | +$115K |
|
|
AUD
2678
DELISTED
Audacy, Inc.
AUD
| $1.3M | ﹤0.01% |
107,097
+9,841
| +10% | +$118K |
|
|
KEG
2679
DELISTED
KEY ENERGY SERVICES INC
KEG
| $1.3M | ﹤0.01% |
715,203
+7,710
| +1% | +$14K |
|
2680
NWPX Infrastructure Inc
NWPX
$1.12B
| $1.3M | ﹤0.01% |
56,593
+452
| +0.8% | +$11K |
|
2681
Franklin Covey
FC
$227M
| $1.3M | ﹤0.01% |
67,358
+9,793
| +17% | +$176K |
|
2682
Commercial Vehicle Group
CVGI
$129M
| $1.29M | ﹤0.01% |
200,843
+10,708
| +6% | +$65K |
|
|
OMCC
2683
DELISTED
Old Market Capital Corp
OMCC
| $1.29M | ﹤0.01% |
92,051
+9,126
| +11% | +$134K |
|
|
DEST
2684
DELISTED
Destination Maternity Corporation
DEST
| $1.29M | ﹤0.01% |
85,550
+4,633
| +6% | +$72.8K |
|
|
SNAK
2685
DELISTED
Inventure Foods, Inc.
SNAK
| $1.28M | ﹤0.01% |
114,889
+10,561
| +10% | +$116K |
|
|
NBIS
2686
Nebius Group N.V.
NBIS
$68.2B
| $1.28M | ﹤0.01% |
84,545
+16,099
| +24% | +$259K |
|
2687
Allient
ALNT
$1.88B
| $1.28M | ﹤0.01% |
57,876
+22,345
| +63% | +$379K |
|
|
GOLD
2688
DELISTED
Randgold Resources Ltd
GOLD
| $1.28M | ﹤0.01% |
18,588
-554
| -3% | -$41.6K |
|
|
UMH
2689
UMH Properties
UMH
$1.41B
| $1.28M | ﹤0.01% |
127,007
+14,769
| +13% | +$143K |
|
|
PAMT
2690
PAMT Corp
PAMT
$282M
| $1.27M | ﹤0.01% |
89,072
+18,956
| +27% | +$262K |
|
|
ECYT
2691
DELISTED
Endocyte, Inc. Common Stock
ECYT
| $1.27M | ﹤0.01% |
203,459
+3,807
| +2% | +$22K |
|
|
NBBC
2692
DELISTED
NEWBRIDGE BANCORP CLASS A COM STK (NC)
NBBC
| $1.27M | ﹤0.01% |
142,683
+16,794
| +13% | +$142K |
|
|
CTRL
2693
DELISTED
Control4 Corporation
CTRL
| $1.27M | ﹤0.01% |
105,981
+45,212
| +74% | +$617K |
|
2694
Ceco Environmental
CECO
$4.49B
| $1.27M | ﹤0.01% |
119,587
+198
| +0.2% | +$2.68K |
|
|
SRNE
2695
DELISTED
Sorrento Therapeutics, Inc.
SRNE
| $1.27M | ﹤0.01% |
109,700
+955
| +0.9% | +$11K |
|
|
SZYM
2696
DELISTED
SOLAZYME INC COM STK (DE)
SZYM
| $1.27M | ﹤0.01% |
443,934
-21,829
| -5% | -$55.8K |
|
2697
Boot Barn
BOOT
$4.99B
| $1.27M | ﹤0.01% |
+52,990
| New | +$1.18M |
|
|
ACW
2698
DELISTED
Accuride Corp
ACW
| $1.27M | ﹤0.01% |
272,073
+30,667
| +13% | +$145K |
|
2699
Pathward Financial
CASH
$1.79B
| $1.26M | ﹤0.01% |
95,577
+7,494
| +9% | +$88.6K |
|
|
FBNK
2700
DELISTED
First Connecticut Bancorp, Inc
FBNK
| $1.26M | ﹤0.01% |
82,320
+5,482
| +7% | +$83.4K |
|
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.