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 | |
|---|---|---|---|---|---|---|
2726
Geospace Technologies
GEOS
$65.7M
| $1.21M | ﹤0.01% |
73,453
-31,047
| -30% | -$645K |
|
2727
Diageo
DEO
$52.8B
| $1.21M | ﹤0.01% |
10,944
-363
| -3% | -$41.8K |
|
|
EMD
2728
DELISTED
Western Asset Emerging Markets
EMD
| – | – |
0
| – | – |
|
2729
Clarus
CLAR
$144M
| $1.2M | ﹤0.01% |
127,858
+13,343
| +12% | +$100K |
|
2730
Tilly's
TLYS
$123M
| $1.2M | ﹤0.01% |
76,732
+27,825
| +57% | +$371K |
|
|
CBK
2731
DELISTED
Christopher & Banks Corporation
CBK
| $1.2M | ﹤0.01% |
215,767
-4,430
| -2% | -$23.5K |
|
|
CRWN
2732
DELISTED
CROWN MEDIA HOLDINGS INC CL-A
CRWN
| $1.2M | ﹤0.01% |
299,659
+41,584
| +16% | +$147K |
|
2733
Goldgroup Mining Inc.
GORO
$210M
| $1.2M | ﹤0.01% |
375,501
+101,144
| +37% | +$338K |
|
2734
Curis
CRIS
$3.26M
| $1.2M | ﹤0.01% |
249
+47
| +23% | +$227K |
|
|
RXDX
2735
DELISTED
Ignyta, Inc.
RXDX
| $1.2M | ﹤0.01% |
120,227
+80,037
| +199% | +$599K |
|
|
ACI
2736
DELISTED
ARCH COAL, INC.
ACI
| $1.2M | ﹤0.01% |
119,556
+5,469
| +5% | +$63.4K |
|
|
REXX
2737
DELISTED
Rex Energy Corporation
REXX
| $1.19M | ﹤0.01% |
32,015
+59
| +0.2% | +$2.42K |
|
|
NAVB
2738
DELISTED
Navidea Biopharmaceuticals Inc.
NAVB
| $1.18M | ﹤0.01% |
37,147
| – | – |
|
2739
Destination XL Group
DXLG
$34.8M
| $1.18M | ﹤0.01% |
238,351
+450
| +0.2% | +$2.22K |
|
2740
Universal Technical Institute
UTI
$1.46B
| $1.18M | ﹤0.01% |
122,477
+9,785
| +9% | +$90.9K |
|
|
ANR
2741
DELISTED
Alpha Natural Resources Inc
ANR
| $1.18M | ﹤0.01% |
1,175,769
+6,948
| +0.6% | +$7.91K |
|
|
EARN
2742
Ellington Residential Mortgage REIT
EARN
$166M
| $1.17M | ﹤0.01% |
71,731
-7,462
| -9% | -$122K |
|
|
RXII
2743
DELISTED
GALENA BIOPHARMA INC COM
RXII
| $1.17M | ﹤0.01% |
845,146
+140,567
| +20% | +$195K |
|
2744
OceanFirst Financial
OCFC
$1.88B
| $1.17M | ﹤0.01% |
67,945
+2,479
| +4% | +$41.5K |
|
2745
Nathan's Famous
NATH
$397M
| $1.17M | ﹤0.01% |
21,641
+8,276
| +62% | +$631K |
|
|
TSE
2746
DELISTED
Trinseo
TSE
| $1.17M | ﹤0.01% |
58,979
+28,688
| +95% | +$500K |
|
2747
QuinStreet
QNST
$1.19B
| $1.17M | ﹤0.01% |
195,832
+33,438
| +21% | +$204K |
|
|
SREV
2748
DELISTED
ServiceSource International, Inc.
SREV
| $1.16M | ﹤0.01% |
375,150
+23,880
| +7% | +$87.6K |
|
|
NEFF
2749
DELISTED
Neff Corporation
NEFF
| $1.16M | ﹤0.01% |
+110,243
| New | +$1.07M |
|
2750
Ring Energy
REI
$347M
| $1.16M | ﹤0.01% |
109,147
+1,607
| +1% | +$15.3K |
|
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.