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 | |
|---|---|---|---|---|---|---|
2776
Saga Communications
SGA
$62.2M
| $1.12M | ﹤0.01% |
25,099
+831
| +3% | +$34.6K |
|
|
TIS
2777
DELISTED
Orchids Paper Products, Inc.
TIS
| $1.12M | ﹤0.01% |
41,421
-12,038
| -23% | -$331K |
|
|
BELFB
2778
Bel Fuse Inc Class B
BELFB
$4.14B
| $1.11M | ﹤0.01% |
58,622
+7,145
| +14% | +$158K |
|
|
CFD
2779
DELISTED
Nuveen Diversified Commodity Fnd
CFD
| – | – |
0
| – | – |
|
|
EIGR
2780
DELISTED
Eiger BioPharmaceuticals, Inc.
EIGR
| $1.11M | ﹤0.01% |
131
+10
| +8% | +$87.4K |
|
|
SNMX
2781
DELISTED
Senomyx, Inc.
SNMX
| $1.11M | ﹤0.01% |
251,451
+6,794
| +3% | +$35.6K |
|
|
FMSA
2782
DELISTED
Fairmount Santrol Holdings Inc.
FMSA
| $1.11M | ﹤0.01% |
152,903
+11,052
| +8% | +$67.9K |
|
|
EMCI
2783
DELISTED
EMC INS Group Inc
EMCI
| $1.1M | ﹤0.01% |
49,029
+2,463
| +5% | +$53.5K |
|
|
BCV
2784
Bancroft Fund
BCV
$144M
| $1.1M | ﹤0.01% |
52,697
+3,726
| +8% | +$75.7K |
|
2785
DMC Global
BOOM
$154M
| $1.1M | ﹤0.01% |
86,257
+6,217
| +8% | +$91K |
|
2786
Johnson Outdoors
JOUT
$510M
| $1.1M | ﹤0.01% |
33,276
+1,183
| +4% | +$36.7K |
|
2787
eHealth
EHTH
$39.4M
| $1.1M | ﹤0.01% |
117,203
+948
| +0.8% | +$11.3K |
|
|
VCRA
2788
DELISTED
VOCERA COMMUNICATIONS, INC.
VCRA
| $1.1M | ﹤0.01% |
110,808
+9,371
| +9% | +$92.5K |
|
2789
Vishay Precision Group
VPG
$906M
| $1.1M | ﹤0.01% |
68,987
+10,268
| +17% | +$164K |
|
2790
Village Super Market
VLGEA
$637M
| $1.1M | ﹤0.01% |
34,920
+7,342
| +27% | +$211K |
|
2791
Mesa Laboratories
MLAB
$630M
| $1.09M | ﹤0.01% |
15,159
+339
| +2% | +$25.2K |
|
2792
McEwen Inc
MUX
$1.14B
| $1.09M | ﹤0.01% |
107,165
-1,401
| -1% | -$15.7K |
|
|
LJPC
2793
DELISTED
La Jolla Pharmaceutical Company
LJPC
| $1.09M | ﹤0.01% |
59,795
+2,924
| +5% | +$59.3K |
|
|
PTVCB
2794
DELISTED
Protective Insurance Corporation Class B Common Stock
PTVCB
| $1.09M | ﹤0.01% |
46,544
+7,712
| +20% | +$183K |
|
|
PCO
2795
DELISTED
Pendrell Corporation - Class A
PCO
| $1.09M | ﹤0.01% |
839
+11
| +1% | +$13.2K |
|
|
HEOP
2796
DELISTED
Heritage Oaks Bancorp
HEOP
| $1.09M | ﹤0.01% |
131,334
+14,247
| +12% | +$115K |
|
2797
National Bankshares
NKSH
$270M
| $1.09M | ﹤0.01% |
36,548
+66
| +0.2% | +$1.94K |
|
|
CDI
2798
DELISTED
CDI Corp.
CDI
| $1.09M | ﹤0.01% |
77,373
+7,467
| +11% | +$122K |
|
|
SOHU
2799
Sohu.com
SOHU
$366M
| $1.08M | ﹤0.01% |
20,370
+9,927
| +95% | +$525K |
|
2800
BP
BP
$111B
| $1.08M | ﹤0.01% |
33,278
-15,138
| -31% | -$496K |
|
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.