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 | |
|---|---|---|---|---|---|---|
|
CORE
1451
DELISTED
Core Mark Holding Co., Inc.
CORE
| $9.02M | 0.01% |
280,574
+9,144
| +3% | +$299K |
|
1452
Ligand Pharmaceuticals
LGND
$5.76B
| $9.02M | 0.01% |
187,565
+2,556
| +1% | +$97.9K |
|
1453
Super Micro Computer
SMCI
$20.4B
| $9M | 0.01% |
2,710,460
+29,040
| +1% | +$107K |
|
1454
Rambus
RMBS
$10.5B
| $8.97M | 0.01% |
713,355
+20,125
| +3% | +$237K |
|
1455
Knowles
KN
$3.29B
| $8.96M | 0.01% |
465,209
+22,339
| +5% | +$466K |
|
1456
Nektar Therapeutics
NKTR
$2.55B
| $8.96M | 0.01% |
54,284
+4,396
| +9% | +$903K |
|
1457
B&G Foods
BGS
$277M
| $8.93M | 0.01% |
303,361
+8,965
| +3% | +$264K |
|
|
TSRO
1458
DELISTED
TESARO, Inc.
TSRO
| $8.91M | 0.01% |
155,192
+37,136
| +31% | +$1.75M |
|
|
MRH
1459
DELISTED
MONTPELIER RE HOLDINGS LTD
MRH
| $8.9M | 0.01% |
231,643
+6,301
| +3% | +$228K |
|
|
ACOR
1460
DELISTED
Acorda Therapeutics
ACOR
| $8.89M | 0.01% |
2,226
-130
| -6% | -$595K |
|
1461
Mine Safety
MSA
$7.44B
| $8.86M | 0.01% |
177,711
+6,936
| +4% | +$335K |
|
|
SPNC
1462
DELISTED
Spectranetics Corp
SPNC
| $8.85M | 0.01% |
254,536
+17,841
| +8% | +$607K |
|
1463
PTC Therapeutics
PTCT
$6.15B
| $8.83M | 0.01% |
145,103
-985
| -0.7% | -$60.1K |
|
1464
EXL Service
EXLS
$5.29B
| $8.82M | 0.01% |
1,186,000
+98,920
| +9% | +$648K |
|
1465
Upbound Group
UPBD
$1.11B
| $8.81M | 0.01% |
321,175
+20,063
| +7% | +$611K |
|
1466
Simpson Manufacturing
SSD
$8.19B
| $8.79M | 0.01% |
235,168
+1,798
| +0.8% | +$63.2K |
|
1467
Lattice Semiconductor
LSCC
$17.9B
| $8.78M | 0.01% |
1,385,291
+175,523
| +15% | +$1.16M |
|
1468
Coty
COTY
$2.48B
| $8.78M | 0.01% |
361,738
+16,490
| +5% | +$354K |
|
|
SWC
1469
DELISTED
Stillwater Mining Co
SWC
| $8.78M | 0.01% |
679,318
+33,301
| +5% | +$461K |
|
1470
STAG Industrial
STAG
$7.08B
| $8.77M | 0.01% |
373,006
+17,240
| +5% | +$434K |
|
|
DMC
1471
Del Monte Corp
DMC
$1.45B
| $8.77M | 0.01% |
225,408
+10,464
| +5% | +$366K |
|
|
DF
1472
DELISTED
Dean Foods Company
DF
| $8.77M | 0.01% |
530,416
+16,966
| +3% | +$291K |
|
1473
Community Bank
CBU
$3.41B
| $8.77M | 0.01% |
247,674
+39,331
| +19% | +$1.39M |
|
|
EXPR
1474
DELISTED
Express, Inc.
EXPR
| $8.76M | 0.01% |
26,487
+2,059
| +8% | +$596K |
|
1475
Usana Health Sciences
USNA
$254M
| $8.76M | 0.01% |
157,600
+4,710
| +3% | +$241K |
|
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.