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 | |
|---|---|---|---|---|---|---|
|
AVG
2001
DELISTED
AVG Technologies N.V.
AVG
| $3.77M | ﹤0.01% |
174,447
-28,465
| -14% | -$599K |
|
|
ACET
2002
DELISTED
Aceto Corp
ACET
| $3.77M | ﹤0.01% |
171,536
+12,301
| +8% | +$258K |
|
2003
Karyopharm Therapeutics
KPTI
$46M
| $3.77M | ﹤0.01% |
8,208
+3,054
| +59% | +$1.32M |
|
|
NTRI
2004
DELISTED
NutriSystem, Inc.
NTRI
| $3.77M | ﹤0.01% |
188,490
+13,377
| +8% | +$248K |
|
|
CSH
2005
DELISTED
CASH AMERICA INTERNATIONAL INC
CSH
| $3.77M | ﹤0.01% |
161,656
-79,260
| -33% | -$1.76M |
|
2006
AMC Entertainment Holdings
AMC
$2.26B
| $3.77M | ﹤0.01% |
10,611
+84
| +0.8% | +$26.2K |
|
|
FRED
2007
DELISTED
Fred's Inc
FRED
| $3.76M | ﹤0.01% |
220,257
+16,956
| +8% | +$303K |
|
2008
Modine Manufacturing
MOD
$10.6B
| $3.76M | ﹤0.01% |
279,335
+14,971
| +6% | +$193K |
|
|
UBNK
2009
DELISTED
United Financial Bancorp, Inc.
UBNK
| $3.75M | ﹤0.01% |
301,763
+19,786
| +7% | +$256K |
|
2010
Community Trust Bancorp
CTBI
$1.42B
| $3.75M | ﹤0.01% |
113,081
+14,927
| +15% | +$493K |
|
|
SN
2011
DELISTED
Sanchez Energy Corporation
SN
| $3.75M | ﹤0.01% |
288,093
+18,706
| +7% | +$228K |
|
2012
Gray Television
GTN
$498M
| $3.74M | ﹤0.01% |
270,998
+16,388
| +6% | +$186K |
|
|
AAIC
2013
DELISTED
Arlington Asset Investment Corp.
AAIC
| $3.74M | ﹤0.01% |
155,578
+31,110
| +25% | +$792K |
|
|
ITCI
2014
DELISTED
Intra-Cellular Therapies Inc.
ITCI
| $3.74M | ﹤0.01% |
156,661
+41,927
| +37% | +$939K |
|
2015
OneSpan
OSPN
$609M
| $3.74M | ﹤0.01% |
173,707
-48,181
| -22% | -$1.14M |
|
|
RENT
2016
DELISTED
RENTRAK CORP
RENT
| $3.74M | ﹤0.01% |
67,323
+6,171
| +10% | +$388K |
|
2017
DHT Holdings
DHT
$3.01B
| $3.73M | ﹤0.01% |
534,977
+48,757
| +10% | +$358K |
|
|
RDUS
2018
DELISTED
Radius Health, Inc.
RDUS
| $3.72M | ﹤0.01% |
90,467
+30,035
| +50% | +$1.35M |
|
|
AIQ
2019
DELISTED
Alliance Healthcare Services
AIQ
| $3.72M | ﹤0.01% |
167,898
+6,082
| +4% | +$140K |
|
2020
IDT Corp
IDT
$1.63B
| $3.71M | ﹤0.01% |
296,137
+60,713
| +26% | +$882K |
|
|
NWLIA
2021
DELISTED
NATL WESTN LIFE INS CO CL A
NWLIA
| $3.71M | ﹤0.01% |
14,589
+2,057
| +16% | +$523K |
|
|
BGFV
2022
DELISTED
Big 5 Sporting Goods
BGFV
| $3.71M | ﹤0.01% |
279,405
+15,342
| +6% | +$196K |
|
2023
Weis Markets
WMK
$1.78B
| $3.7M | ﹤0.01% |
74,304
+4,613
| +7% | +$223K |
|
2024
Interparfums
IPAR
$3.78B
| $3.69M | ﹤0.01% |
113,002
+2,349
| +2% | +$65.6K |
|
|
GPX
2025
DELISTED
GP Strategies Corp.
GPX
| $3.68M | ﹤0.01% |
99,502
| – | – |
|
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.