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 | |
|---|---|---|---|---|---|---|
1651
Aaon
AAON
$7.06B
| $6.83M | ﹤0.01% |
417,536
+7,377
| +2% | +$111K |
|
1652
Amkor Technology
AMKR
$14.1B
| $6.83M | ﹤0.01% |
772,619
+25,638
| +3% | +$208K |
|
|
KAMN
1653
DELISTED
Kaman Corp
KAMN
| $6.82M | ﹤0.01% |
160,809
+13,976
| +10% | +$560K |
|
|
OSG
1654
Octave Specialty Group
OSG
$209M
| $6.81M | ﹤0.01% |
281,542
+24,014
| +9% | +$611K |
|
|
CSII
1655
DELISTED
Cardiovascular Systems, Inc.
CSII
| $6.81M | ﹤0.01% |
174,486
+4,542
| +3% | +$156K |
|
1656
Westamerica Bancorp
WABC
$1.38B
| $6.81M | ﹤0.01% |
157,574
+3,861
| +3% | +$168K |
|
|
TIVO
1657
DELISTED
TIVO INC
TIVO
| $6.81M | ﹤0.01% |
641,662
-1,084
| -0.2% | -$11.7K |
|
1658
Unisys
UIS
$206M
| $6.79M | ﹤0.01% |
292,623
+20,373
| +7% | +$496K |
|
|
INVN
1659
DELISTED
Invensense Inc
INVN
| $6.78M | ﹤0.01% |
445,673
+27,885
| +7% | +$439K |
|
|
NGHC
1660
DELISTED
National General Holdings Corp
NGHC
| $6.77M | ﹤0.01% |
362,261
+3,510
| +1% | +$64.2K |
|
|
ARR
1661
Armour Residential REIT
ARR
$2.37B
| $6.76M | ﹤0.01% |
53,349
+2,633
| +5% | +$344K |
|
1662
United Parks & Resorts
PRKS
$2.01B
| $6.73M | ﹤0.01% |
348,900
+7,488
| +2% | +$138K |
|
1663
Saia
SAIA
$9.73B
| $6.72M | ﹤0.01% |
151,767
+11,247
| +8% | +$518K |
|
1664
Renasant Corp
RNST
$3.96B
| $6.71M | ﹤0.01% |
223,180
+16,316
| +8% | +$460K |
|
|
EGOV
1665
DELISTED
NIC Inc
EGOV
| $6.68M | ﹤0.01% |
378,247
+12,418
| +3% | +$211K |
|
|
CLDT
1666
Chatham Lodging
CLDT
$586M
| $6.68M | ﹤0.01% |
227,144
+49,092
| +28% | +$1.47M |
|
|
CUB
1667
DELISTED
Cubic Corporation
CUB
| $6.68M | ﹤0.01% |
129,044
+7,706
| +6% | +$404K |
|
|
AFFX
1668
DELISTED
Affymetrix Inc
AFFX
| $6.68M | ﹤0.01% |
531,920
+50,134
| +10% | +$582K |
|
|
EDE
1669
DELISTED
Empire District Electric
EDE
| $6.68M | ﹤0.01% |
269,148
+7,620
| +3% | +$207K |
|
1670
Quaker Houghton
KWR
$2.93B
| $6.67M | ﹤0.01% |
77,897
+3,843
| +5% | +$322K |
|
|
AAWW
1671
DELISTED
Atlas Air Worldwide Holdings, Inc.
AAWW
| $6.66M | ﹤0.01% |
154,906
+5,802
| +4% | +$271K |
|
1672
Repligen
RGEN
$9.38B
| $6.65M | ﹤0.01% |
219,158
+12,100
| +6% | +$314K |
|
|
NAVG
1673
DELISTED
Navigators Group Inc
NAVG
| $6.65M | ﹤0.01% |
170,934
+8,034
| +5% | +$300K |
|
1674
Ingles Markets
IMKTA
$1.66B
| $6.63M | ﹤0.01% |
134,117
+54,036
| +67% | +$2.43M |
|
|
EIGI
1675
DELISTED
Endurance International Group Holdings, Inc.
EIGI
| $6.63M | ﹤0.01% |
348,115
+78,419
| +29% | +$1.43M |
|
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.