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 | |
|---|---|---|---|---|---|---|
|
ELX
2026
DELISTED
EMULEX CORP
ELX
| $3.67M | ﹤0.01% |
461,163
-48,755
| -10% | -$342K |
|
2027
Rayonier Advanced Materials
RYAM
$561M
| $3.67M | ﹤0.01% |
246,151
+27,517
| +13% | +$501K |
|
|
TMHC
2028
DELISTED
Taylor Morrison
TMHC
| $3.67M | ﹤0.01% |
175,789
+28,121
| +19% | +$525K |
|
2029
CorVel
CRVL
$3.17B
| $3.65M | ﹤0.01% |
318,045
+12,786
| +4% | +$149K |
|
2030
Expro Ltd
XPRO
$2.07B
| $3.64M | ﹤0.01% |
32,483
+2,613
| +9% | +$265K |
|
|
CFNL
2031
DELISTED
Cardinal Financial Corp
CFNL
| $3.64M | ﹤0.01% |
182,174
+6,920
| +4% | +$132K |
|
|
NCI
2032
DELISTED
Navigant Consulting, Inc.
NCI
| $3.63M | ﹤0.01% |
280,433
+11,765
| +4% | +$167K |
|
2033
Marten Transport
MRTN
$1.22B
| $3.63M | ﹤0.01% |
391,598
+16,998
| +5% | +$150K |
|
|
ACTA
2034
DELISTED
Actua Corp
ACTA
| $3.63M | ﹤0.01% |
234,131
+4,466
| +2% | +$71.8K |
|
|
BLT
2035
DELISTED
BLOUNT INTERNATIONAL (NEW)
BLT
| $3.62M | ﹤0.01% |
280,843
+19,275
| +7% | +$296K |
|
|
PRSU
2036
Pursuit Attractions and Hospitality Inc
PRSU
$1.27B
| $3.6M | ﹤0.01% |
129,534
+3,975
| +3% | +$109K |
|
|
HOS
2037
DELISTED
Hornbeck Offshore Services, Inc.
HOS
| $3.58M | ﹤0.01% |
190,484
+5,621
| +3% | +$117K |
|
|
AXDX
2038
DELISTED
Accelerate Diagnostics
AXDX
| $3.58M | ﹤0.01% |
15,890
+181
| +1% | +$37.8K |
|
2039
Anika Therapeutics
ANIK
$295M
| $3.57M | ﹤0.01% |
86,833
+12,218
| +16% | +$494K |
|
|
FTD
2040
DELISTED
FTD Companies, Inc. Common Stock
FTD
| $3.57M | ﹤0.01% |
119,249
+5,898
| +5% | +$197K |
|
2041
Foster
FSTR
$405M
| $3.56M | ﹤0.01% |
75,092
+20,487
| +38% | +$972K |
|
2042
HealthStream
HSTM
$829M
| $3.56M | ﹤0.01% |
141,361
+2,727
| +2% | +$74.3K |
|
2043
Haverty Furniture Companies
HVT
$441M
| $3.54M | ﹤0.01% |
142,540
+8,169
| +6% | +$198K |
|
2044
Green Dot
GDOT
$766M
| $3.54M | ﹤0.01% |
222,409
+33,019
| +17% | +$564K |
|
|
VASC
2045
DELISTED
Vascular Solutions Inc
VASC
| $3.53M | ﹤0.01% |
116,388
+10,671
| +10% | +$306K |
|
|
DCOM
2046
DELISTED
Dime Community Bancshares
DCOM
| $3.53M | ﹤0.01% |
219,148
+10,285
| +5% | +$160K |
|
2047
Photronics
PLAB
$1.97B
| $3.52M | ﹤0.01% |
414,630
+55,558
| +15% | +$468K |
|
|
BNCN
2048
DELISTED
BNC Bancorp
BNCN
| $3.52M | ﹤0.01% |
194,745
+30,953
| +19% | +$520K |
|
2049
Coca-Cola Consolidated
COKE
$12.6B
| $3.52M | ﹤0.01% |
311,660
+20,980
| +7% | +$213K |
|
2050
Fabrinet
FN
$20.5B
| $3.52M | ﹤0.01% |
185,458
+8,746
| +5% | +$153K |
|
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.