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 | |
|---|---|---|---|---|---|---|
2876
Banco Bilbao Vizcaya Argentaria
BBVA
$158B
| $925K | ﹤0.01% |
97,037
+37,284
| +62% | +$335K |
|
2877
Sasol
SSL
$7.17B
| $922K | ﹤0.01% |
27,133
+20,425
| +304% | +$734K |
|
|
CHFN
2878
DELISTED
Charter Financial Corp
CHFN
| $922K | ﹤0.01% |
80,178
+36,605
| +84% | +$421K |
|
|
ESIO
2879
DELISTED
Electro Scientific Industries
ESIO
| $920K | ﹤0.01% |
148,962
+21,593
| +17% | +$146K |
|
|
CYTR
2880
DELISTED
CytRx Corp
CYTR
| $919K | ﹤0.01% |
45,496
+6,310
| +16% | +$117K |
|
|
CUTR
2881
DELISTED
Cutera, Inc.
CUTR
| $917K | ﹤0.01% |
71,035
+11,068
| +18% | +$144K |
|
2882
BlackRock Debt Strategies Fund
DSU
$600M
| – | – |
0
| – | – |
|
2883
Inseego
INSG
$77.7M
| $911K | ﹤0.01% |
18,919
+4,548
| +32% | +$222K |
|
2884
Clearfield
CLFD
$390M
| $909K | ﹤0.01% |
61,398
+2,775
| +5% | +$36.9K |
|
2885
Artesian Resources
ARTNA
$369M
| $907K | ﹤0.01% |
42,409
+704
| +2% | +$15.3K |
|
|
HBOS
2886
DELISTED
HERITAGE FINANCIAL GROUP
HBOS
| $905K | ﹤0.01% |
33,243
+8,909
| +37% | +$226K |
|
2887
Lloyds Banking Group
LYG
$90B
| $903K | ﹤0.01% |
193,448
-4,782
| -2% | -$22.3K |
|
|
BRFS
2888
DELISTED
BRF SA
BRFS
| $900K | ﹤0.01% |
45,505
-1,035
| -2% | -$23K |
|
|
LAND
2889
Gladstone Land Corp
LAND
$358M
| $900K | ﹤0.01% |
74,704
| – | – |
|
2890
Capital City Bank Group
CCBG
$898M
| $896K | ﹤0.01% |
55,177
+2,566
| +5% | +$39.4K |
|
|
AMNB
2891
DELISTED
American National Bankshares Inc
AMNB
| $896K | ﹤0.01% |
39,712
+3,011
| +8% | +$68K |
|
|
JONE
2892
DELISTED
Jones Energy, Inc.
JONE
| $895K | ﹤0.01% |
5,426
+1,834
| +51% | +$322K |
|
2893
Consumer Portfolio Services
CPSS
$208M
| $894K | ﹤0.01% |
128,045
+36,615
| +40% | +$245K |
|
|
LF
2894
DELISTED
LEAPFROG ENTERPRISES INC.
LF
| $892K | ﹤0.01% |
409,597
+48,552
| +13% | +$139K |
|
|
AGTC
2895
DELISTED
Applied Genetic Technologies Corporation
AGTC
| $888K | ﹤0.01% |
44,435
+798
| +2% | +$17.8K |
|
2896
Lee Enterprises
LEE
$181M
| $887K | ﹤0.01% |
27,999
| – | – |
|
2897
Escalade
ESCA
$287M
| $886K | ﹤0.01% |
51,007
+12,248
| +32% | +$194K |
|
2898
Alpha and Omega Semiconductor
AOSL
$916M
| $881K | ﹤0.01% |
98,974
+40,426
| +69% | +$360K |
|
|
BEBE
2899
DELISTED
Bebe Stores Inc
BEBE
| $872K | ﹤0.01% |
24,024
+337
| +1% | +$11.5K |
|
2900
Bar Harbor Bankshares
BHB
$681M
| $871K | ﹤0.01% |
40,163
| – | – |
|
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.