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 | |
|---|---|---|---|---|---|---|
|
NXGN
1876
DELISTED
NextGen Healthcare, Inc. Common Stock
NXGN
| $4.7M | ﹤0.01% |
294,336
+19,763
| +7% | +$327K |
|
|
NPKI
1877
NPK International
NPKI
$1.19B
| $4.67M | ﹤0.01% |
513,228
+5,602
| +1% | +$51.2K |
|
|
FRAN
1878
DELISTED
Francesca's Holdings Corporation
FRAN
| $4.67M | ﹤0.01% |
21,847
+2,686
| +14% | +$511K |
|
|
CONN
1879
DELISTED
Conn's Inc.
CONN
| $4.65M | ﹤0.01% |
153,496
+1,996
| +1% | +$45.7K |
|
|
ONIT
1880
Onity Group
ONIT
$321M
| $4.64M | ﹤0.01% |
37,529
+1,252
| +3% | +$168K |
|
|
SSI
1881
DELISTED
Stage Stores Inc
SSI
| $4.64M | ﹤0.01% |
202,388
+36,119
| +22% | +$776K |
|
1882
Check Point Software Technologies
CHKP
$13.2B
| $4.63M | ﹤0.01% |
56,425
+6,167
| +12% | +$498K |
|
|
RSTI
1883
DELISTED
Rofin-Sinar Technologies Inc
RSTI
| $4.62M | ﹤0.01% |
190,697
+11,958
| +7% | +$301K |
|
|
SGY
1884
DELISTED
Stone Energy
SGY
| $4.6M | ﹤0.01% |
5,516
+236
| +4% | +$209K |
|
|
RPTP
1885
DELISTED
RAPTOR PHARMACEUTICAL CORP COM STK (DE)
RPTP
| $4.59M | ﹤0.01% |
422,750
+27,910
| +7% | +$285K |
|
1886
Ameris Bancorp
ABCB
$5.94B
| $4.59M | ﹤0.01% |
174,058
+25,534
| +17% | +$644K |
|
1887
MACOM Technology Solutions
MTSI
$23.7B
| $4.58M | ﹤0.01% |
122,859
+40,863
| +50% | +$1.37M |
|
|
HPTX
1888
DELISTED
HYPERION THERAPEUTICS INC COM STK (DE)
HPTX
| $4.58M | ﹤0.01% |
99,730
+9,637
| +11% | +$288K |
|
|
CDR
1889
DELISTED
Cedar Realty Trust, Inc
CDR
| $4.57M | ﹤0.01% |
92,494
+8,043
| +10% | +$405K |
|
|
AIMC
1890
DELISTED
Altra Industrial Motion Corp
AIMC
| $4.57M | ﹤0.01% |
165,422
+16,646
| +11% | +$444K |
|
1891
Biglari Holdings Class B
BH
$1.23B
| $4.55M | ﹤0.01% |
16,499
+491
| +3% | +$138K |
|
1892
Skywest
SKYW
$4.16B
| $4.55M | ﹤0.01% |
311,571
+11,041
| +4% | +$154K |
|
1893
Towne Bank
TOWN
$3.49B
| $4.55M | ﹤0.01% |
283,114
+115,476
| +69% | +$1.79M |
|
1894
Tempest Therapeutics
TPST
$19.3M
| $4.55M | ﹤0.01% |
45
+9
| +25% | +$1.2M |
|
|
KBAL
1895
DELISTED
Kimball International
KBAL
| $4.54M | ﹤0.01% |
432,860
+3,755
| +0.9% | +$35.6K |
|
1896
Materion
MTRN
$5.9B
| $4.53M | ﹤0.01% |
117,972
+5,743
| +5% | +$206K |
|
1897
Cohen & Steers
CNS
$4.36B
| $4.53M | ﹤0.01% |
110,576
+6,286
| +6% | +$268K |
|
|
INFI
1898
DELISTED
Infinity Pharmaceuticals, Inc.
INFI
| $4.53M | ﹤0.01% |
323,971
-13,670
| -4% | -$209K |
|
1899
LSB Industries
LXU
$711M
| $4.53M | ﹤0.01% |
142,363
+9,106
| +7% | +$249K |
|
1900
8x8 Inc
EGHT
$290M
| $4.52M | ﹤0.01% |
537,999
+41,829
| +8% | +$337K |
|
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.