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 | |
|---|---|---|---|---|---|---|
|
SC
1076
DELISTED
SANTANDER CONSUMER USA HOLDINGS INC
SC
| $15.4M | 0.01% |
664,338
+25,284
| +4% | +$533K |
|
1077
United Bankshares
UBSI
$6.6B
| $15.4M | 0.01% |
408,781
+7,529
| +2% | +$275K |
|
|
CIE
1078
DELISTED
Cobalt International Energy, Inc
CIE
| $15.2M | 0.01% |
107,626
+7,077
| +7% | +$955K |
|
|
LTM
1079
DELISTED
LIFE TIME FITNESS INC
LTM
| $15.1M | 0.01% |
213,484
+6,719
| +3% | +$404K |
|
|
PPO
1080
DELISTED
POLYPORE INTERNATIONAL, INC
PPO
| $15.1M | 0.01% |
256,509
+10,545
| +4% | +$545K |
|
|
HSNI
1081
DELISTED
HSN, Inc.
HSNI
| $15M | 0.01% |
220,405
-47
| -0% | -$3.31K |
|
1082
Silgan Holdings
SLGN
$4.36B
| $15M | 0.01% |
516,302
+59,702
| +13% | +$1.66M |
|
|
BID
1083
DELISTED
Sotheby's
BID
| $15M | 0.01% |
354,747
+13,078
| +4% | +$558K |
|
|
LGF
1084
DELISTED
Lions Gate Entertainment
LGF
| $15M | 0.01% |
441,922
+33,481
| +8% | +$1.05M |
|
|
INFN
1085
DELISTED
Infinera Corporation Common Stock
INFN
| $15M | 0.01% |
761,603
+53,699
| +8% | +$902K |
|
|
DNR
1086
DELISTED
Denbury Resources, Inc.
DNR
| $15M | 0.01% |
2,054,836
-620,137
| -23% | -$4.8M |
|
1087
ACI Worldwide
ACIW
$5.27B
| $15M | 0.01% |
690,849
+18,705
| +3% | +$372K |
|
1088
3D Systems Corp
DDD
$630M
| $15M | 0.01% |
545,611
+35,975
| +7% | +$1.06M |
|
1089
Bank of Hawaii
BOH
$3.13B
| $15M | 0.01% |
244,264
+1,147
| +0.5% | +$67.8K |
|
1090
Yelp
YELP
$1.28B
| $14.9M | 0.01% |
315,419
+21,451
| +7% | +$1.06M |
|
|
IRDMB
1091
DELISTED
Iridium Communications Inc - 6.75% Series B
IRDMB
| – | – |
0
| – | – |
|
|
TIME
1092
DELISTED
Time Inc.
TIME
| $14.9M | 0.01% |
662,676
+36,553
| +6% | +$875K |
|
|
CYBX
1093
DELISTED
CYBERONICS INC
CYBX
| $14.9M | 0.01% |
229,029
+9,902
| +5% | +$603K |
|
1094
Leidos
LDOS
$17.7B
| $14.9M | 0.01% |
354,322
+13,366
| +4% | +$581K |
|
1095
Asbury Automotive
ABG
$3.73B
| $14.8M | 0.01% |
178,586
+6,049
| +4% | +$467K |
|
|
AWAY
1096
DELISTED
HOMEAWAY INC COM
AWAY
| $14.8M | 0.01% |
491,521
+35,748
| +8% | +$1.03M |
|
1097
Kennametal
KMT
$2.31B
| $14.7M | 0.01% |
436,241
+16,328
| +4% | +$551K |
|
|
FCS
1098
DELISTED
FAIRCHILD SEMICONDUCTOR INTL INC COMMON
FCS
| $14.7M | 0.01% |
806,559
-32,378
| -4% | -$551K |
|
|
CAB
1099
DELISTED
Cabela's Inc
CAB
| $14.6M | 0.01% |
261,287
+21,349
| +9% | +$1.18M |
|
|
CHS
1100
DELISTED
Chicos FAS, Inc.
CHS
| $14.5M | 0.01% |
821,266
+6,526
| +0.8% | +$113K |
|
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.