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 | |
|---|---|---|---|---|---|---|
1826
Employers Holdings
EIG
$864M
| $5.12M | ﹤0.01% |
189,726
+16,585
| +10% | +$389K |
|
|
TPC
1827
Tutor Perini Cor
TPC
$5.05B
| $5.12M | ﹤0.01% |
219,164
+2,072
| +1% | +$48.7K |
|
|
VWR
1828
DELISTED
VWR Corporation
VWR
| $5.1M | ﹤0.01% |
196,365
+28,973
| +17% | +$721K |
|
|
MDR
1829
DELISTED
McDermott International
MDR
| $5.09M | ﹤0.01% |
441,634
+13,525
| +3% | +$116K |
|
1830
Enova International
ENVA
$6.48B
| $5.09M | ﹤0.01% |
258,336
+8,947
| +4% | +$195K |
|
|
MANT
1831
DELISTED
Mantech International Corp
MANT
| $5.08M | ﹤0.01% |
149,811
+15,533
| +12% | +$509K |
|
|
NFBK
1832
DELISTED
Northfield Bancorp
NFBK
| $5.08M | ﹤0.01% |
342,783
+9,806
| +3% | +$142K |
|
1833
ICF International
ICFI
$1.61B
| $5.05M | ﹤0.01% |
123,701
+6,385
| +5% | +$256K |
|
1834
McGrath RentCorp
MGRC
$2.94B
| $5.05M | ﹤0.01% |
153,515
+11,286
| +8% | +$361K |
|
1835
Stride
LRN
$3.27B
| $5.02M | ﹤0.01% |
319,695
-42,493
| -12% | -$631K |
|
|
ANK
1836
DELISTED
ATLANTIC TELE-NETWORK,INC
ANK
| $5.02M | ﹤0.01% |
72,566
+1,347
| +2% | +$93.2K |
|
|
BGG
1837
DELISTED
Briggs & Stratton Corp.
BGG
| $5.01M | ﹤0.01% |
244,071
+2,706
| +1% | +$53.2K |
|
|
AMWD
1838
DELISTED
American Woodmark
AMWD
| $5M | ﹤0.01% |
91,388
+398
| +0.4% | +$18.3K |
|
|
LBY
1839
DELISTED
Libbey, Inc.
LBY
| $4.99M | ﹤0.01% |
125,119
+1,299
| +1% | +$45.9K |
|
|
SALE
1840
DELISTED
RetailMeNot, Inc. Series 1
SALE
| $4.99M | ﹤0.01% |
277,257
+20,874
| +8% | +$341K |
|
1841
E.W. Scripps
SSP
$314M
| $4.98M | ﹤0.01% |
197,399
+4,217
| +2% | +$84.8K |
|
|
HNGR
1842
DELISTED
Hanger Inc.
HNGR
| $4.98M | ﹤0.01% |
219,517
+23,546
| +12% | +$552K |
|
1843
Sonic Automotive
SAH
$2.56B
| $4.98M | ﹤0.01% |
199,953
+9,868
| +5% | +$249K |
|
1844
Stepan Co
SCL
$1.48B
| $4.97M | ﹤0.01% |
119,342
-507
| -0.4% | -$20.2K |
|
1845
SiriusPoint
SPNT
$2.66B
| $4.97M | ﹤0.01% |
351,267
+125,407
| +56% | +$1.74M |
|
1846
Simmons First National
SFNC
$3.45B
| $4.97M | ﹤0.01% |
218,490
+15,478
| +8% | +$315K |
|
1847
City Holding Co
CHCO
$2.07B
| $4.95M | ﹤0.01% |
105,328
+2,828
| +3% | +$128K |
|
1848
JD.com
JD
$42.7B
| $4.94M | ﹤0.01% |
168,179
+41,492
| +33% | +$1.11M |
|
1849
First Commonwealth Financial
FCF
$2.18B
| $4.94M | ﹤0.01% |
548,676
+5,814
| +1% | +$50K |
|
1850
Kosmos Energy
KOS
$1.49B
| $4.93M | ﹤0.01% |
623,715
+30,165
| +5% | +$253K |
|
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.