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 | |
|---|---|---|---|---|---|---|
|
KMG
2701
DELISTED
KMG Chemicals Inc
KMG
| $1.26M | ﹤0.01% |
47,318
+139
| +0.3% | +$3.03K |
|
|
MHGC
2702
DELISTED
Morgans Hotel Group Co.
MHGC
| $1.26M | ﹤0.01% |
163,184
+8,483
| +5% | +$64K |
|
2703
Scorpio Tankers
STNG
$3.96B
| $1.26M | ﹤0.01% |
13,406
+447
| +3% | +$38.9K |
|
2704
Citizens & Northern Corp
CZNC
$467M
| $1.26M | ﹤0.01% |
62,476
+2,410
| +4% | +$47.7K |
|
|
CNCE
2705
DELISTED
Concert Pharmaceuticals, Inc.
CNCE
| $1.26M | ﹤0.01% |
83,148
+52,287
| +169% | +$730K |
|
2706
Banco Santander
SAN
$211B
| $1.25M | ﹤0.01% |
177,515
-37,752
| -18% | -$255K |
|
|
TLGT
2707
DELISTED
Teligent, Inc
TLGT
| $1.25M | ﹤0.01% |
15,388
+158
| +1% | +$15.3K |
|
|
KONA
2708
DELISTED
Kona Grill, Inc.
KONA
| $1.25M | ﹤0.01% |
44,134
+10,280
| +30% | +$255K |
|
|
ECOM
2709
DELISTED
CHANNELADVISOR CORPORATION
ECOM
| $1.25M | ﹤0.01% |
129,393
+1,228
| +1% | +$13.6K |
|
|
REIS
2710
DELISTED
Reis, Inc.
REIS
| $1.25M | ﹤0.01% |
48,902
+16,259
| +50% | +$396K |
|
2711
Kopin
KOPN
$898M
| $1.25M | ﹤0.01% |
355,621
+43,601
| +14% | +$169K |
|
|
BVH
2712
DELISTED
Bluegreen Vacations Holding Corporation
BVH
| $1.25M | ﹤0.01% |
13,441
+136
| +1% | +$10.4K |
|
|
MN
2713
DELISTED
MANNING & NAPIER, INC.
MN
| $1.25M | ﹤0.01% |
96,100
+4,113
| +4% | +$49.6K |
|
|
ATHX
2714
DELISTED
Athersys, Inc. Common Stock
ATHX
| $1.25M | ﹤0.01% |
17,352
+157
| +0.9% | +$9.48K |
|
2715
Unilever
UL
$135B
| $1.25M | ﹤0.01% |
26,611
+6,291
| +31% | +$302K |
|
2716
Winmark
WINA
$1.26B
| $1.25M | ﹤0.01% |
14,226
+2,033
| +17% | +$167K |
|
2717
KVH Industries
KVHI
$144M
| $1.24M | ﹤0.01% |
82,206
+3,621
| +5% | +$47.2K |
|
|
EGIO
2718
DELISTED
Edgio, Inc. Common Stock
EGIO
| $1.23M | ﹤0.01% |
8,502
+1,072
| +14% | +$136K |
|
|
LGTY
2719
DELISTED
Logility Supply Chain Solutions, Inc. Common Stock
LGTY
| $1.23M | ﹤0.01% |
120,513
+4,219
| +4% | +$39.1K |
|
|
MVNR
2720
DELISTED
MAVENIR SYS INC COM STK (DE)
MVNR
| $1.23M | ﹤0.01% |
69,428
+11,444
| +20% | +$172K |
|
|
TBNK
2721
DELISTED
Territorial Bancorp Inc.
TBNK
| $1.22M | ﹤0.01% |
51,533
+580
| +1% | +$12.7K |
|
|
SQBK
2722
DELISTED
SQUARE 1 FINANCIAL INC COM
SQBK
| $1.22M | ﹤0.01% |
45,756
+1,381
| +3% | +$34.6K |
|
2723
Immunic
IMUX
$229M
| $1.22M | ﹤0.01% |
122
+1
| +0.8% | +$9.19K |
|
|
RDS.A
2724
DELISTED
Royal Dutch Shell PLC ADS Class A
RDS.A
| $1.22M | ﹤0.01% |
21,873
-19,387
| -47% | -$1.15M |
|
|
WG
2725
DELISTED
Willbros Group
WG
| $1.21M | ﹤0.01% |
367,040
+112,818
| +44% | +$617K |
|
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.