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 | |
|---|---|---|---|---|---|---|
|
ESPR
1526
DELISTED
Esperion Therapeutics
ESPR
| $8.12M | ﹤0.01% |
87,709
+33,786
| +63% | +$2.18M |
|
1527
The Greenbrier Companies
GBX
$1.4B
| $8.1M | ﹤0.01% |
139,690
+4,401
| +3% | +$243K |
|
1528
Worthington Enterprises
WOR
$2.76B
| $8.09M | ﹤0.01% |
492,994
+8,957
| +2% | +$154K |
|
|
FMBI
1529
DELISTED
First Midwest Bancorp Inc/IL
FMBI
| $8.08M | ﹤0.01% |
465,026
+65,090
| +16% | +$1.09M |
|
1530
Innoviva
INVA
$1.52B
| $8.07M | ﹤0.01% |
513,332
+9,763
| +2% | +$148K |
|
|
CMCSK
1531
DELISTED
COMCAST CORP SPL A (NEW)
CMCSK
| $8.07M | ﹤0.01% |
145,493
+22,667
| +18% | +$1.26M |
|
|
ROSE
1532
DELISTED
ROSETTA RESOURCES INC
ROSE
| $8.04M | ﹤0.01% |
472,548
+129,157
| +38% | +$2.47M |
|
1533
Pegasystems
PEGA
$5.18B
| $8.02M | ﹤0.01% |
737,506
+25,492
| +4% | +$263K |
|
|
ASRT
1534
DELISTED
Assertio
ASRT
| $8.01M | ﹤0.01% |
5,955
+380
| +7% | +$468K |
|
1535
HEICO Corp Class A
HEI.A
$37.3B
| $8M | ﹤0.01% |
394,497
| – | – |
|
|
CEMP
1536
DELISTED
Cempra, Inc.
CEMP
| $8M | ﹤0.01% |
233,198
+72,922
| +45% | +$2.19M |
|
|
PEGI
1537
DELISTED
Pattern Energy Group Inc. Class A
PEGI
| $7.99M | ﹤0.01% |
282,065
+52,210
| +23% | +$1.46M |
|
|
KERX
1538
DELISTED
Keryx Biopharmaceuticals Inc
KERX
| $7.98M | ﹤0.01% |
627,032
+94,762
| +18% | +$1.22M |
|
1539
Brady Corp
BRC
$4.45B
| $7.97M | ﹤0.01% |
281,911
+19,770
| +8% | +$538K |
|
1540
AMERISAFE
AMSF
$520M
| $7.95M | ﹤0.01% |
171,796
+24,514
| +17% | +$1.04M |
|
|
MRD
1541
DELISTED
MEMORIAL RESOURCE DEV CORP COM STK (DE)
MRD
| $7.95M | ﹤0.01% |
447,905
+35,695
| +9% | +$667K |
|
1542
Northwest Natural Holdings
NWN
$2.12B
| $7.93M | ﹤0.01% |
165,474
+8,551
| +5% | +$414K |
|
|
WMGI
1543
DELISTED
Wright Medical Group Inc
WMGI
| $7.91M | ﹤0.01% |
306,396
+7,127
| +2% | +$183K |
|
|
MACK
1544
DELISTED
Merrimack Pharmaceuticals, Inc.
MACK
| $7.91M | ﹤0.01% |
84,584
+6,373
| +8% | +$542K |
|
1545
Axalta
AXTA
$7.98B
| $7.9M | ﹤0.01% |
286,159
+66,152
| +30% | +$1.78M |
|
|
CMRX
1546
DELISTED
Chimerix, Inc.
CMRX
| $7.87M | ﹤0.01% |
208,800
-22,961
| -10% | -$911K |
|
1547
WesBanco
WSBC
$4.05B
| $7.87M | ﹤0.01% |
241,494
+41,681
| +21% | +$1.36M |
|
1548
FirstCash
FCFS
$9.17B
| $7.86M | ﹤0.01% |
169,058
+2,921
| +2% | +$145K |
|
|
HW
1549
DELISTED
Headwaters Inc
HW
| $7.86M | ﹤0.01% |
428,561
+3,691
| +0.9% | +$58K |
|
1550
Enviri
NVRI
$557M
| $7.82M | ﹤0.01% |
453,249
+3,756
| +0.8% | +$61.9K |
|
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.