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 | |
|---|---|---|---|---|---|---|
|
PDLI
1576
DELISTED
PDL BioPharma, Inc.
PDLI
| $7.48M | ﹤0.01% |
1,063,684
+56,136
| +6% | +$407K |
|
|
CBF
1577
DELISTED
Capital Bank Financial Corp. Class A Common Stock
CBF
| $7.48M | ﹤0.01% |
270,798
+2,890
| +1% | +$75.5K |
|
|
HIBB
1578
DELISTED
Hibbett, Inc. Common Stock
HIBB
| $7.48M | ﹤0.01% |
152,402
+2,102
| +1% | +$104K |
|
1579
Otter Tail
OTTR
$3.89B
| $7.47M | ﹤0.01% |
232,301
+11,738
| +5% | +$374K |
|
1580
OneMain Financial
OMF
$7.34B
| $7.46M | ﹤0.01% |
144,183
+2,607
| +2% | +$105K |
|
|
IQNT
1581
DELISTED
Inteliquent, Inc.
IQNT
| $7.46M | ﹤0.01% |
474,020
+95,796
| +25% | +$1.64M |
|
1582
Acco Brands
ACCO
$394M
| $7.45M | ﹤0.01% |
896,386
+68,442
| +8% | +$543K |
|
|
SPTN
1583
DELISTED
SpartanNash
SPTN
| $7.45M | ﹤0.01% |
235,932
+12,827
| +6% | +$346K |
|
1584
Standard BioTools
LAB
$308M
| $7.45M | ﹤0.01% |
176,849
+21,480
| +14% | +$849K |
|
|
IRC
1585
DELISTED
INLAND REAL ESTATE CORP
IRC
| $7.42M | ﹤0.01% |
694,608
+104,439
| +18% | +$1.14M |
|
|
BTU
1586
DELISTED
PEABODY ENERGY CORP COM STK NEW (DE)
BTU
| $7.42M | ﹤0.01% |
100,567
+10,153
| +11% | +$1.02M |
|
|
HLSS
1587
DELISTED
HOME LN SERVICING SOLUTIONS LTD(CAYMAN ISLANDS)
HLSS
| $7.42M | ﹤0.01% |
448,492
-149,159
| -25% | -$2.46M |
|
1588
Axos Financial
AX
$5.67B
| $7.41M | ﹤0.01% |
318,420
+14,432
| +5% | +$317K |
|
1589
Agios Pharmaceuticals
AGIO
$2.02B
| $7.4M | ﹤0.01% |
78,501
+7,999
| +11% | +$896K |
|
1590
Insight Enterprises
NSIT
$4.44B
| $7.4M | ﹤0.01% |
259,471
+804
| +0.3% | +$20.7K |
|
|
KKD
1591
DELISTED
KRISPY KREME DOUGHNUTS INC
KKD
| $7.39M | ﹤0.01% |
369,564
+3,113
| +0.8% | +$63.3K |
|
1592
WSFS Financial
WSFS
$4.16B
| $7.38M | ﹤0.01% |
292,779
+26,397
| +10% | +$673K |
|
1593
Greif
GEF
$4.99B
| $7.38M | ﹤0.01% |
187,907
+16,075
| +9% | +$657K |
|
|
RICE
1594
DELISTED
Rice Energy Inc.
RICE
| $7.37M | ﹤0.01% |
338,581
+17,761
| +6% | +$337K |
|
1595
Apogee Enterprises
APOG
$892M
| $7.36M | ﹤0.01% |
170,271
+1,845
| +1% | +$80.9K |
|
1596
Hyster-Yale Materials Handling
HY
$622M
| $7.29M | ﹤0.01% |
99,438
+301
| +0.3% | +$20.4K |
|
1597
UFP Industries
UFPI
$4.97B
| $7.28M | ﹤0.01% |
393,873
+21,219
| +6% | +$369K |
|
|
TCF
1598
DELISTED
TCF Financial Corporation Common Stock
TCF
| $7.28M | ﹤0.01% |
232,078
+19,742
| +9% | +$592K |
|
|
FNFV
1599
DELISTED
Fidelity Natl Financial, Inc.
FNFV
| $7.27M | ﹤0.01% |
515,700
-109,048
| -17% | -$1.47M |
|
1600
MasTec
MTZ
$22.7B
| $7.27M | ﹤0.01% |
376,631
+20,374
| +6% | +$407K |
|
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.