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 | |
|---|---|---|---|---|---|---|
|
HALL
2976
DELISTED
Hallmark Financial Services, Inc.
HALL
| $741K | ﹤0.01% |
6,991
+838
| +14% | +$92.7K |
|
|
ZVO
2977
DELISTED
Zovio Inc. Common Stock
ZVO
| $741K | ﹤0.01% |
76,805
+2,107
| +3% | +$21.2K |
|
|
ADMS
2978
DELISTED
Adamas Pharmaceuticals
ADMS
| $740K | ﹤0.01% |
42,319
+2,845
| +7% | +$48.8K |
|
2979
Ambev
ABEV
$43.8B
| $737K | ﹤0.01% |
128,247
+2,247
| +2% | +$13.9K |
|
|
MOBL
2980
DELISTED
MobileIron, Inc.
MOBL
| $737K | ﹤0.01% |
79,627
+5,480
| +7% | +$49.9K |
|
2981
Nature's Sunshine
NATR
$269M
| $733K | ﹤0.01% |
55,870
+6,582
| +13% | +$90K |
|
2982
Microvision
MVIS
$89.7M
| $732K | ﹤0.01% |
14,231
| – | – |
|
2983
SFL Corp
SFL
$1.61B
| $731K | ﹤0.01% |
49,453
-3,783
| -7% | -$56.1K |
|
|
IVAC
2984
DELISTED
Intevac Inc
IVAC
| $730K | ﹤0.01% |
119,008
+180
| +0.2% | +$1.22K |
|
|
IMDZ
2985
DELISTED
Immune Design Corp.
IMDZ
| $730K | ﹤0.01% |
34,628
+169
| +0.5% | +$4.41K |
|
2986
Magnite
MGNI
$3.53B
| $728K | ﹤0.01% |
40,661
+681
| +2% | +$11.5K |
|
|
CVO
2987
DELISTED
Cenevo, Inc.
CVO
| $728K | ﹤0.01% |
42,554
+580
| +1% | +$9.37K |
|
|
ESI
2988
DELISTED
ITT EDUCATIONAL SERVICES INC
ESI
| $727K | ﹤0.01% |
107,203
+927
| +0.9% | +$7.25K |
|
|
ZEUS
2989
DELISTED
Olympic Steel
ZEUS
| $726K | ﹤0.01% |
54,006
-439
| -0.8% | -$6.46K |
|
|
FFKT
2990
DELISTED
Farmers Capital Bank Corp
FFKT
| $726K | ﹤0.01% |
31,244
+105
| +0.3% | +$2.42K |
|
|
NCIT
2991
DELISTED
NCI, Inc.
NCIT
| $726K | ﹤0.01% |
72,610
-282
| -0.4% | -$3.19K |
|
|
SFBS
2992
ServisFirst Bancshares
SFBS
$5B
| $725K | ﹤0.01% |
43,960
+9,196
| +26% | +$145K |
|
|
MSD
2993
Morgan Stanley Emerging Markets Debt Fund
MSD
$148M
| – | – |
0
| – | – |
|
2994
Applied Optoelectronics
AAOI
$11B
| $723K | ﹤0.01% |
52,100
+2,098
| +4% | +$23K |
|
|
CHMI
2995
Cherry Hill Mortgage Investment Corp
CHMI
$108M
| $723K | ﹤0.01% |
41,049
+2,726
| +7% | +$47.9K |
|
2996
First Bancorp
FNLC
$401M
| $719K | ﹤0.01% |
41,235
+581
| +1% | +$9.81K |
|
|
BT
2997
DELISTED
BT Group plc (ADR)
BT
| $719K | ﹤0.01% |
22,084
-316
| -1% | -$10.4K |
|
|
ALIM
2998
DELISTED
Alimera Sciences
ALIM
| $717K | ﹤0.01% |
9,549
+1,329
| +16% | +$105K |
|
|
AINC
2999
DELISTED
Ashford Inc.
AINC
| $712K | ﹤0.01% |
6,000
+1,443
| +32% | +$178K |
|
|
OAKS
3000
DELISTED
Five Oaks Investment Corp.
OAKS
| $712K | ﹤0.01% |
66,937
+7,481
| +13% | +$81.8K |
|
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.