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 | |
|---|---|---|---|---|---|---|
526
Celanese
CE
$4.88B
| $49.3M | 0.03% |
883,246
+32,005
| +4% | +$1.81M |
|
527
Xylem
XYL
$28.3B
| $49.1M | 0.03% |
1,404,279
+43,361
| +3% | +$1.53M |
|
|
GAS
528
DELISTED
AGL Resources Inc
GAS
| $48.9M | 0.03% |
986,545
+626
| +0.1% | +$32.5K |
|
529
Ionis Pharmaceuticals
IONS
$9.46B
| $48.9M | 0.03% |
768,047
+59,875
| +8% | +$4.06M |
|
530
Ally Financial
ALLY
$13.3B
| $48.8M | 0.03% |
2,326,714
+1,793,337
| +336% | +$37.8M |
|
531
Mettler-Toledo International
MTD
$28.6B
| $48.7M | 0.03% |
148,340
+1,124
| +0.8% | +$348K |
|
|
TSS
532
DELISTED
Total System Services, Inc.
TSS
| $48.1M | 0.03% |
1,263,860
+44,226
| +4% | +$1.62M |
|
533
Synopsys
SNPS
$78.8B
| $48.1M | 0.03% |
1,039,601
+109,052
| +12% | +$4.88M |
|
|
HOLX
534
DELISTED
Hologic
HOLX
| $48M | 0.03% |
1,455,368
+18,553
| +1% | +$569K |
|
535
Cooper Companies
COO
$14.9B
| $48M | 0.03% |
1,024,280
+48,076
| +5% | +$2.03M |
|
|
GRMN
536
Garmin
GRMN
$60.4B
| $47.9M | 0.03% |
1,009,210
+35,736
| +4% | +$1.82M |
|
537
Sensata Technologies
ST
$6.66B
| $47.5M | 0.03% |
826,714
+38,945
| +5% | +$2.07M |
|
538
Edgewell Personal Care
EPC
$1.29B
| $47.5M | 0.03% |
463,951
+15,610
| +3% | +$1.55M |
|
539
Camden Property Trust
CPT
$11B
| $47.4M | 0.03% |
607,156
+33,652
| +6% | +$2.58M |
|
540
Quanta Services
PWR
$99.4B
| $47.2M | 0.03% |
1,658,108
+5,143
| +0.3% | +$144K |
|
541
Jacobs Solutions
J
$17.2B
| $47.1M | 0.03% |
1,262,871
+56,861
| +5% | +$2M |
|
|
WFT
542
DELISTED
Weatherford International plc
WFT
| $46.8M | 0.03% |
3,808,036
+208,839
| +6% | +$2.43M |
|
|
TEG
543
DELISTED
INTEGRYS ENERGY GROUP INC COM (USA)
TEG
| $46.5M | 0.03% |
647,243
+23,501
| +4% | +$1.8M |
|
|
ANSS
544
DELISTED
Ansys
ANSS
| $46.5M | 0.03% |
528,026
+17,554
| +3% | +$1.48M |
|
545
Marvell Technology
MRVL
$187B
| $46.4M | 0.03% |
3,156,826
+118,653
| +4% | +$1.88M |
|
546
Kilroy Realty
KRC
$4.32B
| $46M | 0.03% |
603,682
+74,018
| +14% | +$5.52M |
|
547
Huntington Ingalls Industries
HII
$13B
| $46M | 0.03% |
328,010
+29,220
| +10% | +$3.76M |
|
548
Revvity
RVTY
$12.9B
| $45.1M | 0.03% |
883,860
+31,809
| +4% | +$1.47M |
|
549
T-Mobile US
TMUS
$191B
| $45M | 0.03% |
1,422,251
+86,700
| +6% | +$2.7M |
|
550
Ashland
ASH
$3.45B
| $44.9M | 0.03% |
721,307
+24,558
| +4% | +$1.49M |
|
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.