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 | |
|---|---|---|---|---|---|---|
1676
AAR Corp
AIR
$5.77B
| $6.63M | ﹤0.01% |
216,050
+2,802
| +1% | +$83K |
|
|
HAPN
1677
Happen Inc
HAPN
$2.27B
| $6.63M | ﹤0.01% |
+67,499
| New | +$7.03M |
|
1678
MiMedx Group
MDXG
$612M
| $6.6M | ﹤0.01% |
634,607
+73,172
| +13% | +$685K |
|
1679
Thomson Reuters
TRI
$46B
| $6.58M | ﹤0.01% |
139,912
-1,281
| -0.9% | -$58.8K |
|
1680
The Ensign Group
ENSG
$10.6B
| $6.54M | ﹤0.01% |
298,204
+43,983
| +17% | +$895K |
|
1681
AMN Healthcare
AMN
$1.34B
| $6.52M | ﹤0.01% |
282,783
+2,699
| +1% | +$55.8K |
|
|
ARNA
1682
DELISTED
Arena Pharmaceuticals Inc
ARNA
| $6.5M | ﹤0.01% |
148,860
+19,935
| +15% | +$926K |
|
|
ANAT
1683
DELISTED
American National Group, Inc. Common Stock
ANAT
| $6.5M | ﹤0.01% |
66,070
+17,769
| +37% | +$1.83M |
|
|
BOBE
1684
DELISTED
Bob Evans Farms, Inc.
BOBE
| $6.49M | ﹤0.01% |
140,265
+1,561
| +1% | +$82.9K |
|
1685
Badger Meter
BMI
$3.78B
| $6.48M | ﹤0.01% |
216,364
+6,770
| +3% | +$197K |
|
1686
Kulicke & Soffa
KLIC
$5.01B
| $6.48M | ﹤0.01% |
414,438
+16,655
| +4% | +$259K |
|
1687
Atlantic Union Bankshares
AUB
$6.09B
| $6.46M | ﹤0.01% |
290,881
+2,678
| +0.9% | +$59.5K |
|
|
ACHN
1688
DELISTED
Achillion Pharmaceuticals
ACHN
| $6.45M | ﹤0.01% |
654,385
+99,966
| +18% | +$1.25M |
|
|
OWW
1689
DELISTED
ORBITZ WORLDWIDE, INC
OWW
| $6.45M | ﹤0.01% |
553,331
+129,535
| +31% | +$1.37M |
|
|
ECOL
1690
DELISTED
US Ecology, Inc.
ECOL
| $6.45M | ﹤0.01% |
129,087
+8,385
| +7% | +$381K |
|
1691
Federal Signal
FSS
$7.51B
| $6.45M | ﹤0.01% |
408,276
+16,115
| +4% | +$251K |
|
|
SGMO
1692
DELISTED
SANGAMO THERAPEUTICS INC
SGMO
| $6.45M | ﹤0.01% |
411,127
+3,727
| +0.9% | +$57.7K |
|
|
DOC
1693
DELISTED
PHYSICIANS REALTY TRUST
DOC
| $6.44M | ﹤0.01% |
365,936
+125,421
| +52% | +$2.12M |
|
|
MRC
1694
DELISTED
MRC Global
MRC
| $6.44M | ﹤0.01% |
543,747
+27,747
| +5% | +$347K |
|
|
FNHC
1695
DELISTED
FedNat Holding Company Common Stock
FNHC
| $6.43M | ﹤0.01% |
210,290
+16,719
| +9% | +$478K |
|
|
KNL
1696
DELISTED
Knoll, Inc.
KNL
| $6.43M | ﹤0.01% |
274,543
+13,434
| +5% | +$279K |
|
|
RTI
1697
DELISTED
RTI INTL METALS INC(HLDG CO)
RTI
| $6.43M | ﹤0.01% |
179,020
+1,593
| +0.9% | +$44.7K |
|
|
RP
1698
DELISTED
RealPage, Inc.
RP
| $6.42M | ﹤0.01% |
318,984
+11,382
| +4% | +$225K |
|
1699
Banner Corp
BANR
$2.5B
| $6.41M | ﹤0.01% |
139,736
+4,536
| +3% | +$196K |
|
1700
Oxford Industries
OXM
$542M
| $6.4M | ﹤0.01% |
84,869
+2,249
| +3% | +$127K |
|
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.