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 | |
|---|---|---|---|---|---|---|
851
Moog Inc Class A
MOG.A
$13B
| $22.6M | 0.01% |
300,487
+3,510
| +1% | +$259K |
|
852
Liberty Broadband Class C
LBRDK
$5.18B
| $22.5M | 0.01% |
398,071
+96,666
| +32% | +$4.9M |
|
853
Murphy USA
MUSA
$10.2B
| $22.5M | 0.01% |
310,531
+76,560
| +33% | +$5.38M |
|
|
PNRA
854
DELISTED
Panera Bread Co
PNRA
| $22.5M | 0.01% |
140,430
+6,944
| +5% | +$1.15M |
|
|
DCT
855
DELISTED
DCT Industrial Trust Inc.
DCT
| $22.4M | 0.01% |
647,619
+120,644
| +23% | +$4.36M |
|
|
KATE
856
DELISTED
Kate Spade & Company
KATE
| $22.4M | 0.01% |
672,103
+43,452
| +7% | +$1.38M |
|
|
AKRX
857
DELISTED
Akorn Inc
AKRX
| $22.4M | 0.01% |
471,360
+24,549
| +5% | +$1.11M |
|
858
Outfront Media
OUT
$5.29B
| $22.3M | 0.01% |
757,838
+45,522
| +6% | +$1.29M |
|
859
Flowers Foods
FLO
$1.51B
| $22.3M | 0.01% |
980,157
+71,954
| +8% | +$1.49M |
|
860
AGCO
AGCO
$7.06B
| $22.3M | 0.01% |
467,886
+25,833
| +6% | +$1.21M |
|
861
AptarGroup
ATR
$8.5B
| $22.2M | 0.01% |
349,685
+2,255
| +0.6% | +$145K |
|
|
BWLD
862
DELISTED
Buffalo Wild Wings, Inc.
BWLD
| $22.2M | 0.01% |
122,248
-4,912
| -4% | -$911K |
|
863
Core Laboratories
CLB
$561M
| $22.1M | 0.01% |
212,074
+8,276
| +4% | +$882K |
|
|
FSL
864
DELISTED
FREESCALE SEMICONDUCTOR LTD
FSL
| $22M | 0.01% |
540,590
+33,973
| +7% | +$1.17M |
|
865
Kirby Corp
KEX
$7B
| $22M | 0.01% |
293,262
+17,793
| +6% | +$1.37M |
|
|
DNY
866
DELISTED
DONNELLEY R R & SONS CO
DNY
| $22M | 0.01% |
1,144,955
+74,750
| +7% | +$1.43M |
|
867
Cullen/Frost Bankers
CFR
$10.3B
| $21.9M | 0.01% |
317,530
+45,538
| +17% | +$3.06M |
|
|
SAFM
868
DELISTED
Sanderson Farms Inc
SAFM
| $21.9M | 0.01% |
274,997
+37,281
| +16% | +$3.03M |
|
|
PPS
869
DELISTED
Post Properties
PPS
| $21.9M | 0.01% |
384,529
+20,042
| +5% | +$1.18M |
|
870
Acadia Healthcare
ACHC
$2.96B
| $21.9M | 0.01% |
305,491
+47,551
| +18% | +$3.05M |
|
871
First American
FAF
$7.37B
| $21.8M | 0.01% |
611,563
+23,686
| +4% | +$824K |
|
|
GPOR
872
DELISTED
Gulfport Energy Corp.
GPOR
| $21.8M | 0.01% |
475,228
+18,513
| +4% | +$783K |
|
|
SKX
873
DELISTED
Skechers
SKX
| $21.8M | 0.01% |
908,934
+38,058
| +4% | +$819K |
|
874
Pilgrim's Pride
PPC
$6.31B
| $21.7M | 0.01% |
958,700
+218,949
| +30% | +$6.22M |
|
|
SNV
875
DELISTED
Synovus
SNV
| $21.6M | 0.01% |
772,933
+54,617
| +8% | +$1.48M |
|
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.