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 | |
|---|---|---|---|---|---|---|
|
HTBK
2826
DELISTED
Heritage Commerce
HTBK
| $1.03M | ﹤0.01% |
112,774
+3,759
| +3% | +$32.7K |
|
2827
Digimarc Corp
DMRC
$158M
| $1.03M | ﹤0.01% |
46,865
+3,988
| +9% | +$102K |
|
|
RNWK
2828
DELISTED
RealNetworks Inc
RNWK
| $1.03M | ﹤0.01% |
152,877
+26,986
| +21% | +$186K |
|
|
DRRX
2829
DELISTED
DURECT Corp
DRRX
| $1.02M | ﹤0.01% |
53,520
+78
| +0.1% | +$928 |
|
|
NUTR
2830
DELISTED
Nutraceutical International Co
NUTR
| $1.02M | ﹤0.01% |
51,857
+2,649
| +5% | +$49.8K |
|
|
FSYS
2831
DELISTED
FUEL SYSTEMS SOLUTIONS INC COM STK
FSYS
| $1.02M | ﹤0.01% |
92,438
-4,410
| -5% | -$47.8K |
|
|
SNBC
2832
DELISTED
Sun Bancorp Inc
SNBC
| $1.02M | ﹤0.01% |
53,969
+2,906
| +6% | +$53.9K |
|
|
STRP
2833
DELISTED
Straight Path Communications Inc.
STRP
| $1.02M | ﹤0.01% |
51,147
| – | – |
|
|
FUEL
2834
DELISTED
Rocket Fuel Inc.
FUEL
| $1.02M | ﹤0.01% |
110,611
+6,083
| +6% | +$73.7K |
|
|
RNDY
2835
DELISTED
ROUNDYS INC COM STK
RNDY
| $1.02M | ﹤0.01% |
208,102
-7,821
| -4% | -$33.2K |
|
2836
Ardmore Shipping
ASC
$707M
| $1.01M | ﹤0.01% |
100,653
+6,820
| +7% | +$74.4K |
|
2837
Lifetime Brands
LCUT
$220M
| $1.01M | ﹤0.01% |
66,084
+12,210
| +23% | +$191K |
|
2838
W&T Offshore
WTI
$546M
| $1.01M | ﹤0.01% |
197,424
+3,018
| +2% | +$17.5K |
|
|
GNMX
2839
DELISTED
Aevi Genomic Medicine Inc
GNMX
| $1.01M | ﹤0.01% |
125,439
+30,367
| +32% | +$229K |
|
2840
Alico
ALCO
$304M
| $1.01M | ﹤0.01% |
19,633
+5,935
| +43% | +$290K |
|
|
NOR
2841
DELISTED
NORANDA ALUM HLDG CORP COM NEW
NOR
| $1M | ﹤0.01% |
48,338
+669
| +1% | +$15K |
|
2842
Magna International
MGA
$18.7B
| $1M | ﹤0.01% |
+18,717
| New | +$964K |
|
2843
Western New England Bancorp
WNEB
$282M
| $1M | ﹤0.01% |
129,385
+1,288
| +1% | +$9.38K |
|
2844
Hooker Furnishings Corp
HOFT
$158M
| $997K | ﹤0.01% |
52,365
+3,234
| +7% | +$59.3K |
|
|
ZGNX
2845
DELISTED
Zogenix, Inc.
ZGNX
| $996K | ﹤0.01% |
90,923
+15,607
| +21% | +$177K |
|
|
BBQ
2846
DELISTED
BBQ Holdings, Inc. Common Stock
BBQ
| $995K | ﹤0.01% |
34,918
+4,301
| +14% | +$128K |
|
|
APTS
2847
DELISTED
Preferred Apartment Communities, Inc.
APTS
| $989K | ﹤0.01% |
91,407
+37,984
| +71% | +$385K |
|
|
USAP
2848
DELISTED
Universal Stainless & Alloy
USAP
| $988K | ﹤0.01% |
37,708
+2,333
| +7% | +$54.7K |
|
|
SZMK
2849
DELISTED
SIZMEK INC COM STK (DE)
SZMK
| $988K | ﹤0.01% |
136,135
+3,520
| +3% | +$24.7K |
|
|
CIO
2850
DELISTED
City Office REIT
CIO
| $987K | ﹤0.01% |
77,571
+29,099
| +60% | +$369K |
|
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.