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 | |
|---|---|---|---|---|---|---|
|
WBMD
1401
DELISTED
WebMD Health Corp.
WBMD
| $9.65M | 0.01% |
220,219
+3,014
| +1% | +$125K |
|
|
CTRX
1402
DELISTED
CATAMARAN CORP COM STK (CDA)
CTRX
| $9.65M | 0.01% |
162,110
+33,819
| +26% | +$1.72M |
|
|
ESND
1403
DELISTED
Essendant Inc.
ESND
| $9.64M | 0.01% |
235,137
-5,062
| -2% | -$206K |
|
1404
CVB Financial
CVBF
$4.02B
| $9.62M | 0.01% |
603,419
+37,320
| +7% | +$579K |
|
1405
Old National Bancorp
ONB
$10.3B
| $9.62M | 0.01% |
677,854
-25,098
| -4% | -$350K |
|
1406
Plexus
PLXS
$7.2B
| $9.59M | 0.01% |
235,155
+18,923
| +9% | +$758K |
|
|
EVER
1407
DELISTED
Everbank Financial Corp
EVER
| $9.59M | 0.01% |
531,798
+46,792
| +10% | +$844K |
|
1408
Dycom Industries
DY
$12.1B
| $9.55M | 0.01% |
195,597
+7,194
| +4% | +$283K |
|
1409
Protolabs
PRLB
$2.16B
| $9.55M | 0.01% |
136,400
+9,871
| +8% | +$668K |
|
|
VGR
1410
DELISTED
Vector Group Ltd.
VGR
| $9.54M | 0.01% |
781,324
+75,239
| +11% | +$931K |
|
|
CSGS
1411
DELISTED
CSG Systems International
CSGS
| $9.52M | 0.01% |
313,426
+41,084
| +15% | +$1.15M |
|
1412
ArcBest
ARCB
$3.03B
| $9.52M | 0.01% |
251,314
+17,867
| +8% | +$722K |
|
1413
Werner Enterprises
WERN
$2.18B
| $9.51M | 0.01% |
302,863
+41,359
| +16% | +$1.28M |
|
|
HT
1414
DELISTED
Hersha Hospitality Trust Priority Class A Common Shares of Beneficial Interest
HT
| $9.51M | 0.01% |
367,324
+19,019
| +5% | +$511K |
|
1415
State Street SPDR S&P 500 ETF Trust
SPY
$807B
| – | – |
0
| – | – |
|
1416
Advanced Micro Devices
AMD
$774B
| $9.49M | 0.01% |
3,543,064
+385,808
| +12% | +$1.08M |
|
1417
Scansource
SCSC
$1.05B
| $9.48M | 0.01% |
233,329
+15,129
| +7% | +$573K |
|
|
AAT
1418
American Assets Trust
AAT
$1.37B
| $9.46M | 0.01% |
218,590
+14,421
| +7% | +$616K |
|
|
AMAG
1419
DELISTED
AMAG Pharmaceuticals
AMAG
| $9.45M | 0.01% |
172,968
+43,113
| +33% | +$2.05M |
|
|
JUNO
1420
DELISTED
Juno Therapeutics, Inc.
JUNO
| $9.41M | 0.01% |
155,129
+135,265
| +681% | +$6.56M |
|
1421
Halozyme
HALO
$11.6B
| $9.39M | 0.01% |
657,669
+73,278
| +13% | +$1.06M |
|
1422
Strategy Inc
MSTR
$37.8B
| $9.38M | 0.01% |
554,700
+5,250
| +1% | +$88.6K |
|
1423
Columbia Banking Systems
COLB
$8.97B
| $9.38M | 0.01% |
323,799
+4,438
| +1% | +$122K |
|
|
BECN
1424
DELISTED
Beacon Roofing Supply, Inc.
BECN
| $9.36M | 0.01% |
298,943
+10,141
| +4% | +$278K |
|
1425
LCI Industries
LCII
$2.61B
| $9.34M | 0.01% |
151,761
+10,313
| +7% | +$567K |
|
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.