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 | |
|---|---|---|---|---|---|---|
|
PRKR
3201
DELISTED
Parkervision Inc
PRKR
| $444K | ﹤0.01% |
53,534
+1,083
| +2% | +$10.5K |
|
|
FXEN
3202
DELISTED
FX ENERGY INC
FXEN
| $443K | ﹤0.01% |
354,834
+8,896
| +3% | +$14.2K |
|
3203
Alphatec Holdings
ATEC
$1.51B
| $442K | ﹤0.01% |
25,442
+981
| +4% | +$16.4K |
|
|
AV
3204
DELISTED
Aviva Plc
AV
| $440K | ﹤0.01% |
27,211
+7,579
| +39% | +$123K |
|
|
FONR
3205
DELISTED
Fonar
FONR
| $439K | ﹤0.01% |
33,535
+60
| +0.2% | +$705 |
|
3206
Century Communities
CCS
$2.04B
| $438K | ﹤0.01% |
+22,691
| New | +$396K |
|
3207
CRH
CRH
$65B
| $438K | ﹤0.01% |
16,734
+1,066
| +7% | +$27.7K |
|
3208
AXT Inc
AXTI
$5.07B
| $436K | ﹤0.01% |
162,363
+26,536
| +20% | +$71.8K |
|
|
NTT
3209
DELISTED
Nippon Telegraph & Telephone
NTT
| $436K | ﹤0.01% |
14,175
-2,269
| -14% | -$67.3K |
|
3210
Willdan Group
WLDN
$1.29B
| $435K | ﹤0.01% |
27,475
-4,523
| -14% | -$62.4K |
|
|
NTLS
3211
DELISTED
NTELOS HLDGS CORP COM
NTLS
| $435K | ﹤0.01% |
90,646
+3,919
| +5% | +$18.5K |
|
|
CVRR
3212
DELISTED
CVR Refining, LP
CVRR
| $434K | ﹤0.01% |
+20,964
| New | +$384K |
|
|
CHL
3213
DELISTED
China Mobile Limited
CHL
| $433K | ﹤0.01% |
6,667
-4,428
| -40% | -$289K |
|
|
TRIV
3214
DELISTED
TRIVASCULAR TECHONOLOGIES, INC, COMMON STOCK
TRIV
| $430K | ﹤0.01% |
41,072
+8,903
| +28% | +$91.7K |
|
|
CTLP
3215
DELISTED
Cantaloupe
CTLP
| $423K | ﹤0.01% |
154,091
+27,189
| +21% | +$57.2K |
|
|
TARO
3216
DELISTED
Taro Pharmaceutical Industries Ltd.
TARO
| $423K | ﹤0.01% |
3,004
-5,050
| -63% | -$777K |
|
|
NYNY
3217
DELISTED
Empire Resorts, Inc.
NYNY
| $423K | ﹤0.01% |
18,411
+1,243
| +7% | +$35.5K |
|
3218
InterContinental Hotels
IHG
$23.5B
| $422K | ﹤0.01% |
8,174
-760
| -9% | -$40K |
|
3219
Pan American Silver
PAAS
$19.9B
| $422K | ﹤0.01% |
48,139
+1,197
| +3% | +$12.3K |
|
3220
Provident Financial
PROV
$113M
| $422K | ﹤0.01% |
26,437
+84
| +0.3% | +$1.32K |
|
|
FLNA
3221
Filana Therapeutics
FLNA
$45.7M
| $422K | ﹤0.01% |
31,946
+703
| +2% | +$9.49K |
|
|
FRBK
3222
DELISTED
Republic First Bancorp Inc
FRBK
| $422K | ﹤0.01% |
116,482
+7,719
| +7% | +$27.2K |
|
3223
Eastern Company
EML
$154M
| $419K | ﹤0.01% |
20,898
+2,083
| +11% | +$40.1K |
|
|
GHI
3224
DELISTED
GLOBAL HIGH INCOME FUND INC.
GHI
| – | – |
0
| – | – |
|
3225
Home Bancorp
HBCP
$569M
| $415K | ﹤0.01% |
19,533
+1,329
| +7% | +$28.9K |
|
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.