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 | |
|---|---|---|---|---|---|---|
|
KW
1251
DELISTED
Kennedy-Wilson Holdings
KW
| $11.8M | 0.01% |
449,626
+43,466
| +11% | +$1.15M |
|
1252
Integer Holdings
ITGR
$4.25B
| $11.7M | 0.01% |
222,475
+35,442
| +19% | +$1.68M |
|
1253
KBR
KBR
$4.74B
| $11.7M | 0.01% |
810,251
+47,610
| +6% | +$774K |
|
1254
Mercury Insurance
MCY
$5.86B
| $11.7M | 0.01% |
202,969
-3,216
| -2% | -$181K |
|
|
AFSI
1255
DELISTED
AmTrust Financial Services, Inc.
AFSI
| $11.7M | 0.01% |
410,772
+46,702
| +13% | +$1.26M |
|
1256
Valley National Bancorp
VLY
$8.16B
| $11.6M | 0.01% |
1,233,774
+13,335
| +1% | +$126K |
|
|
TFM
1257
DELISTED
THE FRESH MARKET, INC COM STK
TFM
| $11.6M | 0.01% |
286,524
+45,240
| +19% | +$1.76M |
|
1258
LXP Industrial Trust
LXP
$3.58B
| $11.6M | 0.01% |
236,892
+11,549
| +5% | +$625K |
|
1259
RLI Corp
RLI
$5.87B
| $11.6M | 0.01% |
444,324
+61,636
| +16% | +$1.52M |
|
1260
Ciena
CIEN
$54.9B
| $11.6M | 0.01% |
601,637
+42,986
| +8% | +$857K |
|
|
EFII
1261
DELISTED
Electronics for Imaging
EFII
| $11.6M | 0.01% |
278,169
+5,022
| +2% | +$199K |
|
1262
Commault Systems
CVLT
$5.78B
| $11.6M | 0.01% |
265,591
+11,732
| +5% | +$541K |
|
1263
MKS Inc
MKSI
$19.9B
| $11.6M | 0.01% |
343,209
+27,568
| +9% | +$969K |
|
1264
Teekay
TK
$983M
| $11.6M | 0.01% |
249,059
+17,250
| +7% | +$773K |
|
1265
Five Below
FIVE
$13B
| $11.6M | 0.01% |
326,028
+39,540
| +14% | +$1.32M |
|
|
PEI
1266
DELISTED
Pennsylvania Real Estate Investment Trust
PEI
| $11.6M | 0.01% |
33,157
+1,354
| +4% | +$482K |
|
|
CTCT
1267
DELISTED
CONSTANT CONTACT, INC COM
CTCT
| $11.5M | 0.01% |
302,206
+25,401
| +9% | +$999K |
|
|
MDRX
1268
DELISTED
Veradigm Inc. Common Stock
MDRX
| $11.5M | 0.01% |
963,935
+63,003
| +7% | +$770K |
|
1269
Insperity
NSP
$1.94B
| $11.5M | 0.01% |
440,858
+205,432
| +87% | +$4.78M |
|
|
LCI
1270
DELISTED
Lannett Company, Inc.
LCI
| $11.5M | 0.01% |
42,459
+847
| +2% | +$192K |
|
|
ALEX
1271
DELISTED
Alexander & Baldwin
ALEX
| $11.5M | 0.01% |
265,822
+10,137
| +4% | +$402K |
|
1272
EPAM Systems
EPAM
$5.15B
| $11.5M | 0.01% |
187,228
-5,517
| -3% | -$300K |
|
1273
Benchmark Electronics
BHE
$2.92B
| $11.5M | 0.01% |
476,849
+36,816
| +8% | +$879K |
|
|
HI
1274
DELISTED
Hillenbrand
HI
| $11.4M | 0.01% |
370,952
+36,427
| +11% | +$1.14M |
|
1275
Carpenter Technology
CRS
$26.7B
| $11.4M | 0.01% |
293,747
+3,054
| +1% | +$123K |
|
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.