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 | |
|---|---|---|---|---|---|---|
|
ABAX
1476
DELISTED
Abaxis Inc
ABAX
| $8.75M | 0.01% |
136,515
+1,189
| +0.9% | +$72.4K |
|
|
NPBC
1477
DELISTED
NATL PENN BANCSHARES INC
NPBC
| $8.73M | 0.01% |
810,509
+89,815
| +12% | +$939K |
|
1478
Universal Insurance Holdings
UVE
$1.19B
| $8.73M | 0.01% |
341,075
-21,030
| -6% | -$495K |
|
1479
CNA Financial
CNA
$13.8B
| $8.72M | 0.01% |
210,486
+11,043
| +6% | +$444K |
|
|
DOOR
1480
DELISTED
MASONITE INTERNATIONAL CORP
DOOR
| $8.72M | 0.01% |
129,618
+25,466
| +24% | +$1.61M |
|
1481
Enpro
NPO
$7.12B
| $8.71M | 0.01% |
132,053
+4,224
| +3% | +$270K |
|
1482
Ultragenyx Pharmaceutical
RARE
$2.66B
| $8.68M | 0.01% |
139,849
+16,985
| +14% | +$943K |
|
1483
Itron
ITRI
$4.52B
| $8.64M | ﹤0.01% |
236,631
+3,074
| +1% | +$115K |
|
1484
Rogers Corp
ROG
$2.41B
| $8.63M | ﹤0.01% |
104,930
+5,043
| +5% | +$396K |
|
1485
Buckle
BKE
$2.37B
| $8.61M | ﹤0.01% |
168,580
+15,244
| +10% | +$768K |
|
|
ARGO
1486
DELISTED
Argo Group International Holdings, Ltd.
ARGO
| $8.61M | ﹤0.01% |
217,058
+2,376
| +1% | +$92.3K |
|
|
RWT
1487
Redwood Trust
RWT
$588M
| $8.6M | ﹤0.01% |
481,283
+14,811
| +3% | +$287K |
|
|
LOGM
1488
DELISTED
LogMein, Inc.
LOGM
| $8.57M | ﹤0.01% |
153,158
+1,421
| +0.9% | +$72.7K |
|
|
ALX
1489
Alexander's
ALX
$1.39B
| $8.57M | ﹤0.01% |
18,771
+2,041
| +12% | +$919K |
|
1490
LiveRamp
RAMP
$2.3B
| $8.55M | ﹤0.01% |
462,579
+26,801
| +6% | +$514K |
|
|
HTWR
1491
DELISTED
HEARTWARE INTERNATIONAL INC COM STK (DE)
HTWR
| $8.54M | ﹤0.01% |
97,326
+10,088
| +12% | +$857K |
|
1492
Century Aluminum
CENX
$5.18B
| $8.53M | ﹤0.01% |
618,040
+169,187
| +38% | +$3.41M |
|
1493
Helix Energy Solutions
HLX
$1.5B
| $8.5M | ﹤0.01% |
568,051
+26,570
| +5% | +$449K |
|
|
CSOD
1494
DELISTED
Cornerstone OnDemand, Inc.
CSOD
| $8.49M | ﹤0.01% |
294,054
+19,408
| +7% | +$633K |
|
1495
Abercrombie & Fitch
ANF
$5.24B
| $8.49M | ﹤0.01% |
385,435
+18,526
| +5% | +$457K |
|
1496
CONMED
CNMD
$1.48B
| $8.47M | ﹤0.01% |
167,749
+14,104
| +9% | +$691K |
|
1497
Blackstone Mortgage Trust
BXMT
$2.47B
| $8.43M | ﹤0.01% |
297,118
+37,293
| +14% | +$1.07M |
|
1498
Enerpac Tool Group
EPAC
$1.91B
| $8.42M | ﹤0.01% |
354,657
+299
| +0.1% | +$7.34K |
|
|
AJRD
1499
DELISTED
Aerojet Rocketdyne Holdings
AJRD
| $8.41M | ﹤0.01% |
362,819
+17,925
| +5% | +$346K |
|
|
ELLI
1500
DELISTED
Ellie Mae Inc
ELLI
| $8.41M | ﹤0.01% |
152,079
+12,530
| +9% | +$610K |
|
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.