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 | |
|---|---|---|---|---|---|---|
|
ANH
1901
DELISTED
Anworth Mortgage Asset Corporation
ANH
| $4.5M | ﹤0.01% |
884,537
-2,523
| -0.3% | -$13.1K |
|
|
AKS
1902
DELISTED
AK Steel Holding Corp
AKS
| $4.5M | ﹤0.01% |
1,006,514
+115,530
| +13% | +$503K |
|
|
THR
1903
DELISTED
Thermon Group Holdings
THR
| $4.49M | ﹤0.01% |
186,651
+12,077
| +7% | +$278K |
|
|
TUES
1904
DELISTED
Tuesday Morning Corp
TUES
| $4.48M | ﹤0.01% |
278,263
+31,990
| +13% | +$604K |
|
|
CGI
1905
DELISTED
Celadon Group Inc
CGI
| $4.47M | ﹤0.01% |
164,307
+5,542
| +3% | +$138K |
|
1906
Comfort Systems
FIX
$61.2B
| $4.47M | ﹤0.01% |
212,489
+5,170
| +2% | +$92.1K |
|
|
XXIA
1907
DELISTED
Ixia
XXIA
| $4.47M | ﹤0.01% |
368,503
+22,638
| +7% | +$251K |
|
|
RJET
1908
DELISTED
REPUBLIC AWYS HLDGS INC
RJET
| $4.45M | ﹤0.01% |
323,835
+14,309
| +5% | +$198K |
|
|
RUTH
1909
DELISTED
Ruth's Hospitality Group, Inc.
RUTH
| $4.45M | ﹤0.01% |
280,335
+10,055
| +4% | +$152K |
|
|
FOLD
1910
DELISTED
Amicus Therapeutics
FOLD
| $4.44M | ﹤0.01% |
407,731
+10,283
| +3% | +$90.6K |
|
1911
OFG Bancorp
OFG
$2.23B
| $4.42M | ﹤0.01% |
270,741
+2,320
| +0.9% | +$38.7K |
|
|
LMNX
1912
DELISTED
Luminex Corp
LMNX
| $4.41M | ﹤0.01% |
275,666
+42,423
| +18% | +$712K |
|
|
CYNO
1913
DELISTED
Cynosure, Inc. Class A
CYNO
| $4.4M | ﹤0.01% |
143,609
+21,534
| +18% | +$650K |
|
|
WIRE
1914
DELISTED
Encore Wire Corp
WIRE
| $4.4M | ﹤0.01% |
116,118
+2,635
| +2% | +$90.6K |
|
|
AEGR
1915
DELISTED
Aegerion Pharmaceuticals
AEGR
| $4.38M | ﹤0.01% |
167,567
+13,179
| +9% | +$335K |
|
|
UNTD
1916
DELISTED
UNITED ONLINE INC COM NEW
UNTD
| $4.38M | ﹤0.01% |
275,331
+37,762
| +16% | +$580K |
|
|
ALJ
1917
DELISTED
Alon USA Energy Inc
ALJ
| $4.38M | ﹤0.01% |
264,409
+98,104
| +59% | +$1.3M |
|
|
CALY
1918
Callaway Golf Company
CALY
$2.95B
| $4.37M | ﹤0.01% |
458,299
+52,262
| +13% | +$444K |
|
|
MNTA
1919
DELISTED
Momenta Pharmaceuticals, Inc.
MNTA
| $4.37M | ﹤0.01% |
287,363
+11,202
| +4% | +$146K |
|
|
FFG
1920
DELISTED
FBL Financial Group
FFG
| $4.37M | ﹤0.01% |
70,401
-7,324
| -9% | -$416K |
|
|
DEL
1921
DELISTED
Deltic Timber
DEL
| $4.36M | ﹤0.01% |
65,744
+2,689
| +4% | +$175K |
|
1922
Griffon
GFF
$4.75B
| $4.35M | ﹤0.01% |
249,687
+3,141
| +1% | +$48.4K |
|
1923
MacroGenics
MGNX
$256M
| $4.34M | ﹤0.01% |
138,382
+74,232
| +116% | +$2.52M |
|
1924
Team
TISI
$101M
| $4.33M | ﹤0.01% |
11,117
+637
| +6% | +$244K |
|
|
PRFT
1925
DELISTED
Perficient Inc
PRFT
| $4.33M | ﹤0.01% |
209,311
+19,852
| +10% | +$385K |
|
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.