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 | |
|---|---|---|---|---|---|---|
1026
Bank OZK
OZK
$5.66B
| $16.6M | 0.01% |
448,343
+43,341
| +11% | +$1.54M |
|
|
ARUN
1027
DELISTED
ARUBA NETWORKS, INC.
ARUN
| $16.5M | 0.01% |
675,302
-125,607
| -16% | -$2.53M |
|
|
ENH
1028
DELISTED
Endurance Specialty Holdings Ltd
ENH
| $16.5M | 0.01% |
269,722
+29,533
| +12% | +$1.85M |
|
1029
Acadia Pharmaceuticals
ACAD
$5.07B
| $16.4M | 0.01% |
503,886
+14,570
| +3% | +$501K |
|
1030
Crane NXT
CXT
$2.95B
| $16.4M | 0.01% |
756,961
+46,427
| +7% | +$1.01M |
|
1031
New Jersey Resources
NJR
$5.55B
| $16.4M | 0.01% |
527,066
+22,826
| +5% | +$716K |
|
1032
Fair Isaac
FICO
$22.4B
| $16.4M | 0.01% |
184,398
+2,005
| +1% | +$161K |
|
1033
Landstar System
LSTR
$6.03B
| $16.3M | 0.01% |
245,838
+12,830
| +6% | +$869K |
|
1034
InterDigital
IDCC
$8.72B
| $16.3M | 0.01% |
321,146
+86,713
| +37% | +$4.5M |
|
1035
Compass Minerals
CMP
$1.13B
| $16.3M | 0.01% |
174,514
-5,795
| -3% | -$529K |
|
|
QLIK
1036
DELISTED
QLIK TECHNOLOGIES INC COM STK (DE)
QLIK
| $16.3M | 0.01% |
522,231
+20,165
| +4% | +$617K |
|
1037
ScottsMiracle-Gro
SMG
$3.61B
| $16.2M | 0.01% |
241,813
+19,023
| +9% | +$1.24M |
|
1038
Cousins Properties
CUZ
$4.83B
| $16.2M | 0.01% |
542,064
+56,735
| +12% | +$1.75M |
|
1039
PBF Energy
PBF
$8.22B
| $16.2M | 0.01% |
478,009
+36,290
| +8% | +$1.05M |
|
1040
Clean Harbors
CLH
$16.4B
| $16.2M | 0.01% |
285,414
+2,633
| +0.9% | +$136K |
|
1041
Valmont Industries
VMI
$9.52B
| $16.2M | 0.01% |
131,802
+4,056
| +3% | +$497K |
|
|
SVU
1042
DELISTED
SUPERVALU Inc.
SVU
| $16.2M | 0.01% |
198,657
+40,379
| +26% | +$2.9M |
|
|
ABMD
1043
DELISTED
Abiomed Inc
ABMD
| $16.2M | 0.01% |
225,676
+14,600
| +7% | +$792K |
|
|
CLNY
1044
DELISTED
Colony Capital, Inc.
CLNY
| $16.1M | 0.01% |
622,894
+45,861
| +8% | +$1.15M |
|
|
DFT
1045
DELISTED
DuPont Fabros Technology Inc.
DFT
| $16.1M | 0.01% |
493,042
+31,156
| +7% | +$1.05M |
|
|
SFG
1046
DELISTED
STANCORP FINL GRP
SFG
| $16.1M | 0.01% |
234,521
+6,452
| +3% | +$429K |
|
1047
Element Solutions
ESI
$9.17B
| $16.1M | 0.01% |
626,957
+85,240
| +16% | +$2.05M |
|
|
MGLN
1048
DELISTED
Magellan Health Services, Inc.
MGLN
| $16.1M | 0.01% |
227,155
+10,085
| +5% | +$635K |
|
1049
John Wiley & Sons Class A
WLY
$2.52B
| $16.1M | 0.01% |
263,009
+17,817
| +7% | +$1.09M |
|
|
WGL
1050
DELISTED
Wgl Holdings
WGL
| $16.1M | 0.01% |
284,951
+7,430
| +3% | +$409K |
|
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.