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 | |
|---|---|---|---|---|---|---|
|
ZNGA
1301
DELISTED
ZYNGA INC. CL A COMMON
ZNGA
| $11M | 0.01% |
3,867,379
+59,067
| +2% | +$152K |
|
1302
RBC Bearings
RBC
$17.5B
| $11M | 0.01% |
143,795
+7,947
| +6% | +$499K |
|
|
CSG
1303
DELISTED
CHAMBERS STR PPTYS COM
CSG
| $11M | 0.01% |
1,395,636
+65,292
| +5% | +$536K |
|
1304
Invesco Mortgage Capital
IVR
$802M
| $11M | 0.01% |
70,773
+3,738
| +6% | +$582K |
|
1305
Sabre
SABR
$803M
| $11M | 0.01% |
450,671
+150,338
| +50% | +$3.22M |
|
|
COHR
1306
DELISTED
Coherent Inc
COHR
| $10.9M | 0.01% |
168,508
+18,333
| +12% | +$1.14M |
|
1307
Capitol Federal Financial
CFFN
$1.09B
| $10.9M | 0.01% |
874,262
+64,350
| +8% | +$807K |
|
1308
Applied Industrial Technologies
AIT
$13B
| $10.9M | 0.01% |
240,696
+1,880
| +0.8% | +$80.3K |
|
|
DWRE
1309
DELISTED
DEMANDWARE INC COM STK (DE)
DWRE
| $10.9M | 0.01% |
178,838
+9,456
| +6% | +$550K |
|
1310
Matsons
MATX
$6.11B
| $10.9M | 0.01% |
258,207
+27,694
| +12% | +$1.05M |
|
1311
Huron Consulting
HURN
$2.43B
| $10.9M | 0.01% |
164,393
+30,910
| +23% | +$2.17M |
|
|
SLCA
1312
DELISTED
U.S. SILICA HOLDINGS, INC.
SLCA
| $10.9M | 0.01% |
305,346
+10,390
| +4% | +$304K |
|
|
ENV
1313
DELISTED
ENVESTNET, INC.
ENV
| $10.8M | 0.01% |
193,228
+7,574
| +4% | +$404K |
|
1314
Comscore
SCOR
$108M
| $10.8M | 0.01% |
10,580
+219
| +2% | +$206K |
|
1315
Semtech
SMTC
$12.2B
| $10.8M | 0.01% |
406,527
+14,887
| +4% | +$406K |
|
1316
Columbia Sportswear
COLM
$2.88B
| $10.8M | 0.01% |
177,628
+11,898
| +7% | +$602K |
|
1317
Commercial Metals
CMC
$7.97B
| $10.8M | 0.01% |
667,877
+49,269
| +8% | +$719K |
|
|
BRS
1318
DELISTED
Bristow Group, Inc.
BRS
| $10.8M | 0.01% |
198,583
+1,815
| +0.9% | +$107K |
|
|
SJI
1319
DELISTED
South Jersey Industries, Inc.
SJI
| $10.8M | 0.01% |
397,382
+15,112
| +4% | +$431K |
|
|
KND
1320
DELISTED
Kindred Healthcare
KND
| $10.7M | 0.01% |
451,784
+66,570
| +17% | +$1.35M |
|
|
HTS
1321
DELISTED
HATTERAS FINANCIAL CORP
HTS
| $10.7M | 0.01% |
591,615
+60,817
| +11% | +$1.11M |
|
|
ASPX
1322
DELISTED
AUSPEX PHARMACEUTICALS INC COM STK (DE)
ASPX
| $10.7M | 0.01% |
106,924
+32,612
| +44% | +$2.17M |
|
|
IMS
1323
DELISTED
IMS HEALTH HLDGS INC COM STK (DE)
IMS
| $10.7M | 0.01% |
396,011
+16,329
| +4% | +$423K |
|
|
NSR
1324
DELISTED
Neustar Inc
NSR
| $10.7M | 0.01% |
434,053
+25,963
| +6% | +$655K |
|
|
SCS
1325
DELISTED
Steelcase
SCS
| $10.6M | 0.01% |
561,647
+35,977
| +7% | +$651K |
|
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.