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 | |
|---|---|---|---|---|---|---|
1126
Rithm Capital
RITM
$5.72B
| $14M | 0.01% |
932,927
+158,731
| +21% | +$2.19M |
|
|
MENT
1127
DELISTED
Mentor Graphics Corp
MENT
| $14M | 0.01% |
583,089
+6,887
| +1% | +$161K |
|
1128
Post Holdings
POST
$3.56B
| $14M | 0.01% |
456,343
+81,532
| +22% | +$2.49M |
|
1129
Littelfuse
LFUS
$11.5B
| $14M | 0.01% |
140,689
+13,285
| +10% | +$1.3M |
|
1130
National Health Investors
NHI
$3.39B
| $14M | 0.01% |
196,633
+12,789
| +7% | +$923K |
|
1131
Cheesecake Factory
CAKE
$5.63B
| $13.9M | 0.01% |
282,530
+14,809
| +6% | +$748K |
|
|
FNSR
1132
DELISTED
Finisar Corp
FNSR
| $13.9M | 0.01% |
651,802
+108,891
| +20% | +$2.22M |
|
|
CNW
1133
DELISTED
CON-WAY INC.
CNW
| $13.9M | 0.01% |
314,795
+10,827
| +4% | +$478K |
|
1134
Healthcare Services Group
HCSG
$1.44B
| $13.9M | 0.01% |
432,146
+18,620
| +5% | +$602K |
|
1135
Lazard
LAZ
$4.24B
| $13.9M | 0.01% |
263,583
+101,155
| +62% | +$4.98M |
|
1136
Korn Ferry
KFY
$4.25B
| $13.9M | 0.01% |
421,390
+22,022
| +6% | +$667K |
|
|
POLY
1137
DELISTED
Plantronics, Inc.
POLY
| $13.8M | 0.01% |
260,240
+6,027
| +2% | +$308K |
|
1138
ONE Gas
OGS
$5B
| $13.8M | 0.01% |
318,462
+19,367
| +6% | +$828K |
|
|
DGI
1139
DELISTED
DigitalGlobe Inc.
DGI
| $13.7M | 0.01% |
402,640
+18,536
| +5% | +$579K |
|
|
TXNM
1140
TXNM Energy Inc
TXNM
$5.91B
| $13.7M | 0.01% |
469,614
+27,735
| +6% | +$808K |
|
1141
Helen of Troy
HELE
$682M
| $13.7M | 0.01% |
168,254
+7,035
| +4% | +$537K |
|
|
MASI
1142
DELISTED
Masimo
MASI
| $13.7M | 0.01% |
415,748
-20,927
| -5% | -$602K |
|
|
SYA
1143
DELISTED
SYMETRA FINANCIAL CORPORATION COMMON STOCK
SYA
| $13.7M | 0.01% |
583,655
+14,168
| +2% | +$317K |
|
|
ELME
1144
Elme Communities
ELME
$144M
| $13.7M | 0.01% |
494,552
+20,383
| +4% | +$576K |
|
1145
Steven Madden
SHOO
$3.53B
| $13.6M | 0.01% |
538,434
-7,808
| -1% | -$183K |
|
|
CLVS
1146
DELISTED
Clovis Oncology, Inc.
CLVS
| $13.6M | 0.01% |
183,350
+9,651
| +6% | +$682K |
|
1147
Erie Indemnity
ERIE
$13.4B
| $13.6M | 0.01% |
155,892
+1,171
| +0.8% | +$104K |
|
1148
Fulton Financial
FULT
$4.65B
| $13.6M | 0.01% |
1,101,156
+25,365
| +2% | +$304K |
|
1149
Boston Beer
SAM
$1.85B
| $13.5M | 0.01% |
50,628
+2,597
| +5% | +$753K |
|
|
SYNT
1150
DELISTED
Syntel Inc
SYNT
| $13.5M | 0.01% |
261,045
+3,133
| +1% | +$149K |
|
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.