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 | |
|---|---|---|---|---|---|---|
|
TRVN
3026
DELISTED
Trevena, Inc.
TRVN
| $659K | ﹤0.01% |
162
+56
| +53% | +$205K |
|
|
SHLO
3027
DELISTED
Shiloh Industries Inc
SHLO
| $659K | ﹤0.01% |
46,942
+6,272
| +15% | +$83.7K |
|
|
JGW
3028
DELISTED
J G WENTWORTH CO CL A COM STK (DE)
JGW
| $658K | ﹤0.01% |
63,424
+977
| +2% | +$9.81K |
|
3029
Codexis
CDXS
$175M
| $657K | ﹤0.01% |
144,244
+39,917
| +38% | +$141K |
|
|
ARQL
3030
DELISTED
Arqule Inc
ARQL
| $657K | ﹤0.01% |
293,317
+46,239
| +19% | +$73.6K |
|
|
FFNW
3031
DELISTED
First Financial Northwest, Inc
FFNW
| $656K | ﹤0.01% |
53,128
+159
| +0.3% | +$1.93K |
|
3032
Caesarstone
CSTE
$105M
| $655K | ﹤0.01% |
10,791
+1,233
| +13% | +$76K |
|
3033
Ardelyx
ARDX
$1.01B
| $653K | ﹤0.01% |
49,891
+11,343
| +29% | +$212K |
|
|
HSKA
3034
DELISTED
Heska Corp
HSKA
| $652K | ﹤0.01% |
25,321
+5,241
| +26% | +$111K |
|
3035
Farmers National Banc Corp
FMNB
$970M
| $651K | ﹤0.01% |
79,593
+1,518
| +2% | +$12K |
|
3036
BlackRock Resources & Commodities Strategy Trust
BCX
$961M
| $650K | ﹤0.01% |
+68,090
| New | +$663K |
|
3037
Lifeway Foods
LWAY
$377M
| $650K | ﹤0.01% |
30,419
+1,458
| +5% | +$27.9K |
|
|
HIL
3038
DELISTED
Hill International, Inc. Common Stock
HIL
| $650K | ﹤0.01% |
181,171
+11,414
| +7% | +$42.8K |
|
3039
Colliers International
CIGI
$5.41B
| $644K | ﹤0.01% |
17,010
+2,142
| +14% | +$71.5K |
|
|
ISRL
3040
DELISTED
Isramco Inc
ISRL
| $644K | ﹤0.01% |
5,123
+92
| +2% | +$11.9K |
|
3041
BHP
BHP
$222B
| $639K | ﹤0.01% |
16,278
-9,614
| -37% | -$390K |
|
3042
Gaia
GAIA
$33.3M
| $638K | ﹤0.01% |
87,552
+15,058
| +21% | +$107K |
|
|
CAF
3043
Morgan Stanley China A Share Fund
CAF
$327M
| – | – |
0
| – | – |
|
|
SINA
3044
DELISTED
Sina Corp
SINA
| $634K | ﹤0.01% |
19,718
+2,082
| +12% | +$74.8K |
|
|
TUBE
3045
DELISTED
TubeMogul, Inc.
TUBE
| $634K | ﹤0.01% |
45,887
+315
| +0.7% | +$4.86K |
|
|
SHOS
3046
DELISTED
Sears Hometown and Outlet Stores, Inc.
SHOS
| $632K | ﹤0.01% |
81,946
+8,952
| +12% | +$107K |
|
|
CS
3047
DELISTED
Credit Suisse Group
CS
| $631K | ﹤0.01% |
23,440
+2,806
| +14% | +$66.9K |
|
|
MSL
3048
DELISTED
Midsouth Bancorp, Inc.
MSL
| $630K | ﹤0.01% |
42,732
+2,950
| +7% | +$44.2K |
|
|
CTF
3049
DELISTED
Nuveen Long/Short Commodity Fd
CTF
| – | – |
0
| – | – |
|
3050
Equinor
EQNR
$96.3B
| $628K | ﹤0.01% |
35,780
-5,838
| -14% | -$104K |
|
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.