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 | |
|---|---|---|---|---|---|---|
1701
Rexford Industrial Realty
REXR
$8.1B
| $6.4M | ﹤0.01% |
404,893
+139,953
| +53% | +$2.24M |
|
|
GTLS
1702
DELISTED
Chart Industries
GTLS
| $6.37M | ﹤0.01% |
181,553
+1,989
| +1% | +$63.9K |
|
|
RSPP
1703
DELISTED
RSP Permian, Inc.
RSPP
| $6.35M | ﹤0.01% |
252,261
+57,923
| +30% | +$1.55M |
|
|
AF
1704
DELISTED
Astoria Financial Corporation
AF
| $6.34M | ﹤0.01% |
489,649
+36,174
| +8% | +$464K |
|
|
EPAY
1705
DELISTED
Bottomline Technologies Inc
EPAY
| $6.34M | ﹤0.01% |
231,579
+8,840
| +4% | +$229K |
|
1706
National Bank Holdings
NBHC
$1.93B
| $6.33M | ﹤0.01% |
336,683
-821
| -0.2% | -$15.2K |
|
|
IMPV
1707
DELISTED
Imperva, Inc.
IMPV
| $6.32M | ﹤0.01% |
148,087
+25,901
| +21% | +$1.15M |
|
|
SAFE
1708
Safehold
SAFE
$1.09B
| $6.32M | ﹤0.01% |
99,881
+3,583
| +4% | +$230K |
|
|
ILG
1709
DELISTED
ILG, Inc Common Stock
ILG
| $6.32M | ﹤0.01% |
240,939
-9,102
| -4% | -$224K |
|
1710
Provident Financial Services
PFS
$3.24B
| $6.31M | ﹤0.01% |
338,503
+19,988
| +6% | +$362K |
|
|
PINC
1711
DELISTED
Premier
PINC
| $6.31M | ﹤0.01% |
167,873
+3,599
| +2% | +$126K |
|
1712
REX American Resources
REX
$1.44B
| $6.31M | ﹤0.01% |
622,386
+57,882
| +10% | +$556K |
|
1713
Adtran
ADTN
$670M
| $6.3M | ﹤0.01% |
337,736
+21,576
| +7% | +$459K |
|
|
LOCK
1714
DELISTED
LifeLock, Inc.
LOCK
| $6.3M | ﹤0.01% |
446,279
-28,426
| -6% | -$406K |
|
1715
Prothena Corp
PRTA
$474M
| $6.29M | ﹤0.01% |
164,913
+11,086
| +7% | +$284K |
|
|
MDC
1716
DELISTED
M.D.C. Holdings, Inc.
MDC
| $6.29M | ﹤0.01% |
306,279
+29,944
| +11% | +$574K |
|
1717
Universal Corp
UVV
$1.13B
| $6.28M | ﹤0.01% |
133,075
+1,286
| +1% | +$56.9K |
|
|
NP
1718
DELISTED
Neenah, Inc. Common Stock
NP
| $6.27M | ﹤0.01% |
100,198
+8,954
| +10% | +$536K |
|
|
STMP
1719
DELISTED
Stamps.com, Inc.
STMP
| $6.23M | ﹤0.01% |
92,629
+3,332
| +4% | +$177K |
|
1720
Boyd Gaming
BYD
$6.03B
| $6.23M | ﹤0.01% |
438,712
+42,110
| +11% | +$579K |
|
1721
Hecla Mining
HL
$12.2B
| $6.22M | ﹤0.01% |
2,086,518
+187,876
| +10% | +$597K |
|
|
BPFH
1722
DELISTED
Boston Private Financial Holdings, Inc.
BPFH
| $6.2M | ﹤0.01% |
510,439
+29,331
| +6% | +$361K |
|
|
BEL
1723
DELISTED
Belmond Ltd.
BEL
| $6.2M | ﹤0.01% |
504,966
+4,858
| +1% | +$56.1K |
|
|
FARO
1724
DELISTED
Faro Technologies
FARO
| $6.19M | ﹤0.01% |
99,625
+5,050
| +5% | +$289K |
|
|
ZAYO
1725
DELISTED
Zayo Group Holdings, Inc.
ZAYO
| $6.18M | ﹤0.01% |
221,144
+96,532
| +77% | +$2.75M |
|
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.