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 | |
|---|---|---|---|---|---|---|
2851
Madrigal Pharmaceuticals
MDGL
$11.7B
| $987K | ﹤0.01% |
14,547
+2,062
| +17% | +$177K |
|
2852
Hallador Energy
HNRG
$730M
| $983K | ﹤0.01% |
84,163
+15,063
| +22% | +$175K |
|
|
KFX
2853
DELISTED
KOFAX LIMITED COM STK
KFX
| $976K | ﹤0.01% |
89,204
+5,152
| +6% | +$37.7K |
|
2854
Palisade Bio
PALI
$375M
| – | – |
0
| – | – |
|
2855
ReposiTrak
TRAK
$158M
| $968K | ﹤0.01% |
70,289
+3,590
| +5% | +$42K |
|
|
SHYF
2856
DELISTED
The Shyft Group
SHYF
| $967K | ﹤0.01% |
199,525
+2,843
| +1% | +$14.8K |
|
|
TAX
2857
DELISTED
Liberty Tax, Inc. Class A
TAX
| $963K | ﹤0.01% |
34,632
+17,332
| +100% | +$565K |
|
|
MNI
2858
DELISTED
The McClatchy Company Class A Common Stock
MNI
| $962K | ﹤0.01% |
52,331
+11,362
| +28% | +$277K |
|
2859
CorMedix
CRMD
$639M
| $960K | ﹤0.01% |
19,520
+7,766
| +66% | +$184K |
|
2860
LSI Industries
LYTS
$912M
| $958K | ﹤0.01% |
117,584
+8,543
| +8% | +$63K |
|
|
KCLI
2861
DELISTED
KANSAS CITY LIFE INS CO NEW (MO)
KCLI
| $953K | ﹤0.01% |
20,761
+1,535
| +8% | +$71.3K |
|
2862
Elbit Systems
ESLT
$36.5B
| $951K | ﹤0.01% |
13,170
+1,792
| +16% | +$116K |
|
|
UN
2863
DELISTED
Unilever NV New York Registry Shares
UN
| $951K | ﹤0.01% |
22,790
+5,601
| +33% | +$235K |
|
|
WIFI
2864
DELISTED
Boingo Wireless, Inc.
WIFI
| $950K | ﹤0.01% |
125,999
+16,218
| +15% | +$126K |
|
|
MOFG
2865
DELISTED
MidWestOne Financial Group
MOFG
| $949K | ﹤0.01% |
32,929
+2,443
| +8% | +$69.7K |
|
|
DCM
2866
DELISTED
NTT DOCOMO, Inc.
DCM
| $948K | ﹤0.01% |
54,424
-12,559
| -19% | -$216K |
|
|
HWCC
2867
DELISTED
Houston Wire & Cable Company
HWCC
| $947K | ﹤0.01% |
97,374
+12,354
| +15% | +$132K |
|
|
XENT
2868
DELISTED
Intersect ENT, Inc
XENT
| $946K | ﹤0.01% |
36,635
+7,363
| +25% | +$168K |
|
|
GNCA
2869
DELISTED
Genocea Biosciences, Inc.
GNCA
| $944K | ﹤0.01% |
9,955
+4,144
| +71% | +$292K |
|
2870
MGP Ingredients
MGPI
$389M
| $941K | ﹤0.01% |
69,927
+7,879
| +13% | +$119K |
|
2871
Varonis Systems
VRNS
$5.26B
| $940K | ﹤0.01% |
109,992
+16,560
| +18% | +$176K |
|
|
CASC
2872
DELISTED
Cascadian Therapeutics, Inc.
CASC
| $939K | ﹤0.01% |
96,013
+19,335
| +25% | +$190K |
|
|
FWM
2873
DELISTED
FAIRWAY GROUP HLDGS CORP CL A COM STK (DE)
FWM
| $935K | ﹤0.01% |
138,212
-19,162
| -12% | -$95.8K |
|
|
SNOW
2874
DELISTED
Intrawest Resorts Holdings, Inc.
SNOW
| $932K | ﹤0.01% |
106,891
+21,469
| +25% | +$210K |
|
2875
Nordic American Tanker
NAT
$1.4B
| $927K | ﹤0.01% |
78,523
-1,929
| -2% | -$20.4K |
|
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.