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 | |
|---|---|---|---|---|---|---|
1226
Mativ Holdings
MATV
$706M
| $12.2M | 0.01% |
264,251
+15,899
| +6% | +$689K |
|
|
OUTR
1227
DELISTED
OUTERWALL INC
OUTR
| $12.2M | 0.01% |
183,773
+10,225
| +6% | +$684K |
|
1228
Home BancShares
HOMB
$6.22B
| $12.1M | 0.01% |
716,198
+61,996
| +9% | +$981K |
|
|
DBD
1229
DELISTED
Diebold Nixdorf Incorporated
DBD
| $12.1M | 0.01% |
342,165
+6,566
| +2% | +$221K |
|
|
WPX
1230
DELISTED
WPX Energy, Inc.
WPX
| $12.1M | 0.01% |
1,109,273
+45,404
| +4% | +$519K |
|
1231
Penske Automotive Group
PAG
$14.2B
| $12.1M | 0.01% |
235,276
+5,073
| +2% | +$250K |
|
|
CMD
1232
DELISTED
Cantel Medical Corporation
CMD
| $12.1M | 0.01% |
254,665
+22,652
| +10% | +$1M |
|
|
NTUS
1233
DELISTED
Natus Medical Inc
NTUS
| $12.1M | 0.01% |
306,422
+21,534
| +8% | +$794K |
|
1234
Ironwood Pharmaceuticals
IRWD
$711M
| $12.1M | 0.01% |
901,045
+46,277
| +5% | +$607K |
|
|
HZNP
1235
DELISTED
Horizon Therapeutics Public Limited Company Ordinary Shares
HZNP
| $12M | 0.01% |
463,955
+60,139
| +15% | +$1.1M |
|
1236
Sabra Healthcare REIT
SBRA
$5.07B
| $12M | 0.01% |
363,404
+80,818
| +29% | +$2.62M |
|
|
LTC
1237
LTC Properties
LTC
$2.05B
| $12M | 0.01% |
261,306
+18,752
| +8% | +$848K |
|
|
SHLD
1238
DELISTED
Sears Holding Corporation
SHLD
| $12M | 0.01% |
289,554
+18,989
| +7% | +$690K |
|
1239
Cal-Maine
CALM
$3.87B
| $11.9M | 0.01% |
305,806
+8,091
| +3% | +$299K |
|
1240
Bruker
BRKR
$8.69B
| $11.9M | 0.01% |
644,098
+45,664
| +8% | +$865K |
|
1241
Entegris
ENTG
$23B
| $11.9M | 0.01% |
867,891
+64,583
| +8% | +$851K |
|
|
MZTI
1242
The Marzetti Company
MZTI
$3.15B
| $11.9M | 0.01% |
124,651
+6,234
| +5% | +$572K |
|
|
B
1243
DELISTED
Barnes Group Inc.
B
| $11.9M | 0.01% |
292,915
+10,395
| +4% | +$392K |
|
1244
Antero Resources
AR
$11.6B
| $11.8M | 0.01% |
335,226
+62,835
| +23% | +$2.36M |
|
1245
Horace Mann Educators
HMN
$2.12B
| $11.8M | 0.01% |
346,039
+14,224
| +4% | +$458K |
|
|
ISIL
1246
DELISTED
Intersil Corp
ISIL
| $11.8M | 0.01% |
826,090
+72,259
| +10% | +$1.07M |
|
|
MDP
1247
DELISTED
Meredith Corporation
MDP
| $11.8M | 0.01% |
212,014
+2,370
| +1% | +$127K |
|
1248
Glacier Bancorp
GBCI
$6.39B
| $11.8M | 0.01% |
469,847
+6,537
| +1% | +$162K |
|
1249
Boise Cascade
BCC
$2.98B
| $11.8M | 0.01% |
313,934
+22,285
| +8% | +$862K |
|
|
CADE
1250
DELISTED
Cadence Bank
CADE
| $11.8M | 0.01% |
506,227
+4,800
| +1% | +$105K |
|
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.