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 | |
|---|---|---|---|---|---|---|
1501
Matador Resources
MTDR
$6.47B
| $8.4M | ﹤0.01% |
383,135
+15,742
| +4% | +$339K |
|
1502
TriMas Corp
TRS
$1.41B
| $8.4M | ﹤0.01% |
342,295
+25,042
| +8% | +$591K |
|
1503
MannKind Corp
MNKD
$1.26B
| $8.38M | ﹤0.01% |
322,467
+17,261
| +6% | +$520K |
|
1504
OSI Systems
OSIS
$3.77B
| $8.38M | ﹤0.01% |
112,879
-453
| -0.4% | -$32.5K |
|
|
PLKI
1505
DELISTED
Popeyes Louisiana Kitchen, Inc.
PLKI
| $8.38M | ﹤0.01% |
140,136
+4,557
| +3% | +$271K |
|
|
EXAM
1506
DELISTED
EXAMWORKS GROUP INC COM STK (DE)
EXAM
| $8.36M | ﹤0.01% |
200,975
+12,899
| +7% | +$519K |
|
1507
HUB Group
HUBG
$2.37B
| $8.36M | ﹤0.01% |
425,412
+6,544
| +2% | +$123K |
|
1508
Liberty Broadband Class A
LBRDA
$5.07B
| $8.35M | ﹤0.01% |
147,855
+9,993
| +7% | +$507K |
|
1509
Evertec
EVTC
$1.81B
| $8.34M | ﹤0.01% |
381,587
+17,379
| +5% | +$367K |
|
1510
Artisan Partners
APAM
$3.01B
| $8.34M | ﹤0.01% |
183,410
+26,341
| +17% | +$1.25M |
|
|
AYR
1511
DELISTED
Aircastle Ltd
AYR
| $8.33M | ﹤0.01% |
371,042
+2,812
| +0.8% | +$61.1K |
|
1512
Interface
TILE
$2.2B
| $8.3M | ﹤0.01% |
399,547
+49,379
| +14% | +$889K |
|
1513
Essent Group
ESNT
$6.17B
| $8.3M | ﹤0.01% |
347,012
+23,014
| +7% | +$553K |
|
1514
NXP Semiconductors
NXPI
$59.4B
| $8.3M | ﹤0.01% |
82,676
+20,217
| +32% | +$1.78M |
|
1515
Heartland Express
HTLD
$947M
| $8.28M | ﹤0.01% |
348,631
+32,672
| +10% | +$828K |
|
|
CAA
1516
DELISTED
CalAtlantic Group, Inc.
CAA
| $8.28M | ﹤0.01% |
183,900
+2,364
| +1% | +$94.2K |
|
|
MIK
1517
DELISTED
Michaels Stores, Inc
MIK
| $8.27M | ﹤0.01% |
305,668
+119,061
| +64% | +$3.17M |
|
|
LQ
1518
DELISTED
La Quinta Holdings Inc.
LQ
| $8.25M | ﹤0.01% |
348,401
+21,436
| +7% | +$474K |
|
|
TUMI
1519
DELISTED
TUMI HLDGS INC COM
TUMI
| $8.24M | ﹤0.01% |
336,926
+49,408
| +17% | +$1.12M |
|
1520
Children's Place
PLCE
$54.9M
| $8.23M | ﹤0.01% |
128,172
+4,975
| +4% | +$300K |
|
|
HMSY
1521
DELISTED
HMS Holdings Corp.
HMSY
| $8.2M | ﹤0.01% |
530,819
+38,465
| +8% | +$723K |
|
|
VTLE
1522
DELISTED
Vital Energy
VTLE
| $8.19M | ﹤0.01% |
31,406
+9,048
| +40% | +$2.05M |
|
|
FINL
1523
DELISTED
Finish Line
FINL
| $8.17M | ﹤0.01% |
333,239
+36,454
| +12% | +$877K |
|
|
CBM
1524
DELISTED
Cambrex Corporation
CBM
| $8.14M | ﹤0.01% |
205,393
+20,712
| +11% | +$612K |
|
1525
Andersons Inc
ANDE
$2.22B
| $8.13M | ﹤0.01% |
196,444
-4,330
| -2% | -$195K |
|
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.