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 | |
|---|---|---|---|---|---|---|
1726
Resources Connection
RGP
$144M
| $6.18M | ﹤0.01% |
353,232
+29,068
| +9% | +$501K |
|
|
WIBC
1727
DELISTED
WILSHIRE BANCORP INC
WIBC
| $6.17M | ﹤0.01% |
618,497
+19,983
| +3% | +$193K |
|
|
AHT
1728
Ashford Hospitality Trust
AHT
$19.8M
| $6.16M | ﹤0.01% |
648
+110
| +20% | +$1.12M |
|
1729
Vodafone
VOD
$37.2B
| $6.16M | ﹤0.01% |
188,363
-1,603
| -0.8% | -$55.1K |
|
|
CNSL
1730
DELISTED
Consolidated Communications Holdings, Inc.
CNSL
| $6.15M | ﹤0.01% |
301,672
+18,025
| +6% | +$415K |
|
1731
Helios Technologies
HLIO
$2.67B
| $6.15M | ﹤0.01% |
148,652
+9,033
| +6% | +$349K |
|
1732
Advanced Energy
AEIS
$13.5B
| $6.14M | ﹤0.01% |
239,495
+28,674
| +14% | +$730K |
|
|
GHL
1733
DELISTED
Greenhill & Co., Inc.
GHL
| $6.12M | ﹤0.01% |
154,382
+46
| +0% | +$1.8K |
|
1734
Coherent
COHR
$69.5B
| $6.11M | ﹤0.01% |
330,992
+18,122
| +6% | +$298K |
|
|
NXTM
1735
DELISTED
NxStage Medical Inc.
NXTM
| $6.07M | ﹤0.01% |
350,786
+19,362
| +6% | +$342K |
|
1736
Shutterstock
SSTK
$209M
| $6.06M | ﹤0.01% |
88,309
+5,565
| +7% | +$338K |
|
|
FOE
1737
DELISTED
Ferro Corporation
FOE
| $6.05M | ﹤0.01% |
482,350
+4,186
| +0.9% | +$51.4K |
|
1738
Encore Capital Group
ECPG
$2.07B
| $6.04M | ﹤0.01% |
145,313
+9,887
| +7% | +$411K |
|
|
SRCI
1739
DELISTED
SRC Energy Inc
SRCI
| $6.04M | ﹤0.01% |
509,830
+125,367
| +33% | +$1.49M |
|
1740
ESCO Technologies
ESE
$7.78B
| $6.03M | ﹤0.01% |
154,702
+9,831
| +7% | +$368K |
|
|
LORL
1741
DELISTED
Loral Space and Communications, Inc.
LORL
| $6.02M | ﹤0.01% |
87,905
+6,897
| +9% | +$498K |
|
1742
Insmed
INSM
$28.9B
| $5.98M | ﹤0.01% |
287,619
+25,759
| +10% | +$454K |
|
|
ZEN
1743
DELISTED
ZENDESK INC
ZEN
| $5.96M | ﹤0.01% |
262,733
+182,667
| +228% | +$4.37M |
|
|
OME
1744
DELISTED
Omega Protein
OME
| $5.95M | ﹤0.01% |
434,972
+45,658
| +12% | +$527K |
|
|
ARRY
1745
DELISTED
Array Biopharma Inc
ARRY
| $5.95M | ﹤0.01% |
807,374
+111,531
| +16% | +$794K |
|
|
STOR
1746
DELISTED
STORE Capital Corporation
STOR
| $5.95M | ﹤0.01% |
254,633
+230,551
| +957% | +$5.18M |
|
|
KYTH
1747
DELISTED
KYTHERA BIOPHARMACEUTICALS, INC COM
KYTH
| $5.92M | ﹤0.01% |
118,144
+18,815
| +19% | +$790K |
|
|
BSFT
1748
DELISTED
BroadSoft, Inc.
BSFT
| $5.91M | ﹤0.01% |
176,797
+4,393
| +3% | +$132K |
|
|
SYKE
1749
DELISTED
SYKES Enterprises Inc
SYKE
| $5.9M | ﹤0.01% |
+237,589
| New | +$5.59M |
|
|
JBTM
1750
JBT Marel
JBTM
$6.15B
| $5.89M | ﹤0.01% |
164,891
+15,791
| +11% | +$521K |
|
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.