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 | |
|---|---|---|---|---|---|---|
1176
Spire
SR
$4.87B
| $13.1M | 0.01% |
255,902
+29,978
| +13% | +$1.57M |
|
|
MBFI
1177
DELISTED
MB Financial Corp
MBFI
| $13M | 0.01% |
416,356
+9,232
| +2% | +$282K |
|
|
UPL
1178
DELISTED
Ultra Petroleum Corp. Common Stock
UPL
| $13M | 0.01% |
833,085
+30,347
| +4% | +$441K |
|
1179
Archrock
AROC
$5.78B
| $13M | 0.01% |
387,605
+63,269
| +20% | +$1.93M |
|
|
ECHO
1180
EchoStar
ECHO
$25.6B
| $13M | 0.01% |
310,423
+16,098
| +5% | +$685K |
|
|
PTLA
1181
DELISTED
Portola Pharmaceuticals, Inc.
PTLA
| $13M | 0.01% |
341,392
+37,016
| +12% | +$1.27M |
|
|
PDCE
1182
DELISTED
PDC Energy, Inc.
PDCE
| $12.9M | 0.01% |
239,630
+36,241
| +18% | +$1.76M |
|
1183
Methode Electronics
MEI
$595M
| $12.9M | 0.01% |
275,044
+73,178
| +36% | +$2.92M |
|
|
PLCM
1184
DELISTED
POLYCOM INC
PLCM
| $12.9M | 0.01% |
963,850
+44,687
| +5% | +$597K |
|
|
SWFT
1185
DELISTED
Swift Transportation Company
SWFT
| $12.8M | 0.01% |
492,416
+13,523
| +3% | +$371K |
|
1186
Lithia Motors
LAD
$8.32B
| $12.8M | 0.01% |
128,871
+4,982
| +4% | +$448K |
|
|
NYRT
1187
DELISTED
New York REIT, Inc.
NYRT
| $12.8M | 0.01% |
122,009
+11,000
| +10% | +$1.15M |
|
|
USG
1188
DELISTED
Usg
USG
| $12.8M | 0.01% |
478,311
+2,972
| +0.6% | +$84.3K |
|
1189
DNOW Inc
DNOW
$3.01B
| $12.8M | 0.01% |
590,004
+40,624
| +7% | +$945K |
|
|
HPP
1190
Hudson Pacific Properties
HPP
$724M
| $12.8M | 0.01% |
54,924
+9,013
| +20% | +$2.02M |
|
1191
BGC Group
BGC
$4.8B
| $12.8M | 0.01% |
2,098,581
+165,931
| +9% | +$945K |
|
1192
Take-Two Interactive
TTWO
$46.8B
| $12.7M | 0.01% |
500,611
-103,401
| -17% | -$2.82M |
|
|
TECD
1193
DELISTED
Tech Data Corp
TECD
| $12.7M | 0.01% |
219,873
+8,809
| +4% | +$515K |
|
1194
Choice Hotels
CHH
$4.62B
| $12.7M | 0.01% |
197,975
+973
| +0.5% | +$59.2K |
|
|
LTRPA
1195
DELISTED
Liberty TripAdvisor Holdings, Inc. Series A
LTRPA
| $12.7M | 0.01% |
398,236
+16,084
| +4% | +$465K |
|
|
CHMT
1196
DELISTED
Chemtura Corporation
CHMT
| $12.6M | 0.01% |
461,056
-8,672
| -2% | -$214K |
|
|
PSB
1197
DELISTED
PS Business Parks, Inc.
PSB
| $12.6M | 0.01% |
151,512
+2,015
| +1% | +$167K |
|
1198
Silicon Laboratories
SLAB
$7.22B
| $12.6M | 0.01% |
247,569
+18,374
| +8% | +$892K |
|
|
RYL
1199
DELISTED
RYLAND GROUP INC
RYL
| $12.6M | 0.01% |
257,791
+22,083
| +9% | +$945K |
|
1200
H.B. Fuller
FUL
$3.34B
| $12.6M | 0.01% |
292,859
+18,083
| +7% | +$774K |
|
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.