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 | |
|---|---|---|---|---|---|---|
|
AVHI
2801
DELISTED
A V Homes, Inc.
AVHI
| $1.08M | ﹤0.01% |
67,657
+3,480
| +5% | +$52.8K |
|
|
WW
2802
DELISTED
WW International
WW
| $1.08M | ﹤0.01% |
154,311
+9,218
| +6% | +$136K |
|
|
MFLX
2803
DELISTED
MULTI-FINELINE ELECTRONIX INC
MFLX
| $1.08M | ﹤0.01% |
59,029
+9,087
| +18% | +$143K |
|
2804
United States Lime & Minerals
USLM
$3.37B
| $1.08M | ﹤0.01% |
83,615
+20,565
| +33% | +$282K |
|
|
FXCB
2805
DELISTED
FOX CHASE BANCORP INC COM STK (MD)
FXCB
| $1.08M | ﹤0.01% |
64,001
+4,790
| +8% | +$79.1K |
|
2806
Crawford & Co Class B
CRD.B
$585M
| $1.08M | ﹤0.01% |
124,593
+1,553
| +1% | +$14.4K |
|
2807
Agilysys
AGYS
$3.25B
| $1.07M | ﹤0.01% |
109,119
+8,258
| +8% | +$85.8K |
|
2808
Barclays
BCS
$94.6B
| $1.07M | ﹤0.01% |
79,225
+10,528
| +15% | +$147K |
|
|
MODN
2809
DELISTED
MODEL N, INC.
MODN
| $1.07M | ﹤0.01% |
89,735
+38,057
| +74% | +$437K |
|
|
SFXE
2810
DELISTED
SFX ENTERTAINMENT, INC COM
SFXE
| $1.07M | ﹤0.01% |
262,465
+25,895
| +11% | +$104K |
|
|
PWOD
2811
DELISTED
Penns Woods Bancorp
PWOD
| $1.07M | ﹤0.01% |
32,901
+2,895
| +10% | +$89.8K |
|
2812
TechTarget
TTGT
$277M
| $1.07M | ﹤0.01% |
92,863
+5,787
| +7% | +$66.2K |
|
|
DALN
2813
DELISTED
DallasNews
DALN
| $1.07M | ﹤0.01% |
32,478
+201
| +0.6% | +$7.28K |
|
|
FARM
2814
DELISTED
Farmer Brothers
FARM
| $1.06M | ﹤0.01% |
42,721
+1,042
| +3% | +$27.8K |
|
|
ORC
2815
Orchid Island Capital
ORC
$1.32B
| $1.05M | ﹤0.01% |
15,939
+10,019
| +169% | +$675K |
|
|
CCXI
2816
DELISTED
ChemoCentryx, Inc.
CCXI
| $1.05M | ﹤0.01% |
139,744
+10,703
| +8% | +$83.6K |
|
|
FBRC
2817
DELISTED
FBR & Co. Common Stock
FBRC
| $1.05M | ﹤0.01% |
45,360
+7,085
| +19% | +$169K |
|
|
ALR
2818
DELISTED
AlerisLife Inc
ALR
| $1.04M | ﹤0.01% |
23,519
-3,322
| -12% | -$125K |
|
|
BPTH
2819
DELISTED
Bio-Path Holdings Inc
BPTH
| $1.04M | ﹤0.01% |
145
+1
| +0.7% | +$8.41K |
|
|
HCCI
2820
DELISTED
Heritage-Crystal Clean, Inc.
HCCI
| $1.04M | ﹤0.01% |
89,031
+40,568
| +84% | +$506K |
|
|
GST
2821
DELISTED
Gastar Exploration Inc.
GST
| $1.04M | ﹤0.01% |
397,233
+2,577
| +0.7% | +$6.69K |
|
2822
Weyco Group
WEYS
$437M
| $1.04M | ﹤0.01% |
34,668
+7,468
| +27% | +$209K |
|
2823
National Grid
NGG
$81.6B
| $1.03M | ﹤0.01% |
16,581
-5,238
| -24% | -$345K |
|
|
XRM
2824
DELISTED
Xerium Technologies Inc (new)
XRM
| $1.03M | ﹤0.01% |
63,724
+4,404
| +7% | +$68.8K |
|
2825
Smith & Nephew
SNN
$12.6B
| $1.03M | ﹤0.01% |
30,168
+8,684
| +40% | +$307K |
|
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.