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 | |
|---|---|---|---|---|---|---|
|
MKTO
1926
DELISTED
MARKETO INC COM STK (DE)
MKTO
| $4.33M | ﹤0.01% |
169,014
+1,897
| +1% | +$56.6K |
|
|
MCRL
1927
DELISTED
MICREL INC
MCRL
| $4.32M | ﹤0.01% |
286,606
+19,816
| +7% | +$289K |
|
1928
StoneX
SNEX
$8.37B
| $4.32M | ﹤0.01% |
735,971
+300,429
| +69% | +$1.44M |
|
|
ININ
1929
DELISTED
Interactive Intelligence Group, inc.
ININ
| $4.32M | ﹤0.01% |
104,860
+11,027
| +12% | +$467K |
|
|
STBZ
1930
DELISTED
State Bank Financial Corporation. Common Stock
STBZ
| $4.32M | ﹤0.01% |
205,611
+5,337
| +3% | +$106K |
|
|
CPLA
1931
DELISTED
Capella Education Company
CPLA
| $4.32M | ﹤0.01% |
66,509
+3,112
| +5% | +$210K |
|
|
EVRI
1932
DELISTED
Everi Holdings
EVRI
| $4.31M | ﹤0.01% |
565,805
-4,294
| -0.8% | -$30.6K |
|
1933
Ethan Allen Interiors
ETD
$575M
| $4.3M | ﹤0.01% |
155,695
+8,766
| +6% | +$250K |
|
1934
Smith & Wesson
SWBI
$636M
| $4.29M | ﹤0.01% |
438,838
+34,179
| +8% | +$327K |
|
|
BRKL
1935
DELISTED
Brookline Bancorp
BRKL
| $4.29M | ﹤0.01% |
427,072
+11,562
| +3% | +$113K |
|
1936
Orthofix Medical
OFIX
$424M
| $4.28M | ﹤0.01% |
119,344
+2,575
| +2% | +$80.9K |
|
|
AVX
1937
DELISTED
AVX Corporation
AVX
| $4.28M | ﹤0.01% |
299,903
-18,953
| -6% | -$261K |
|
1938
Chesapeake Utilities
CPK
$3.25B
| $4.28M | ﹤0.01% |
84,487
+4,558
| +6% | +$223K |
|
|
KE
1939
Kimball Electronics
KE
$606M
| $4.26M | ﹤0.01% |
301,116
+8,275
| +3% | +$99.2K |
|
|
CBB
1940
DELISTED
Cincinnati Bell Inc.
CBB
| $4.26M | ﹤0.01% |
241,284
+15,373
| +7% | +$254K |
|
1941
Harmonic Inc
HLIT
$1.3B
| $4.26M | ﹤0.01% |
574,411
+3,606
| +0.6% | +$26.8K |
|
1942
Flotek Industries
FTK
$1.35B
| $4.25M | ﹤0.01% |
48,069
+2,382
| +5% | +$233K |
|
1943
Mercer International
MERC
$32.3M
| $4.23M | ﹤0.01% |
275,377
+27,969
| +11% | +$377K |
|
1944
Shenandoah Telecom
SHEN
$721M
| $4.22M | ﹤0.01% |
270,676
+20,710
| +8% | +$316K |
|
|
DTSI
1945
DELISTED
DTS, Inc.
DTSI
| $4.21M | ﹤0.01% |
123,580
+2,269
| +2% | +$69.5K |
|
|
ZINC
1946
DELISTED
HORSEHEAD HLDG CORP COM STK (DE)
ZINC
| $4.19M | ﹤0.01% |
331,070
+32,617
| +11% | +$444K |
|
1947
Sonida Senior Living
SNDA
$1.88B
| $4.18M | ﹤0.01% |
10,755
+1,359
| +14% | +$500K |
|
1948
Accuray
ARAY
$33.4M
| $4.18M | ﹤0.01% |
449,815
+15,434
| +4% | +$123K |
|
1949
Hanmi Financial
HAFC
$956M
| $4.18M | ﹤0.01% |
197,602
-10,120
| -5% | -$208K |
|
1950
AngioDynamics
ANGO
$651M
| $4.18M | ﹤0.01% |
234,748
+25,226
| +12% | +$469K |
|
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.