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 | |
|---|---|---|---|---|---|---|
2151
Forestar Group
FOR
$1.49B
| $3.03M | ﹤0.01% |
192,364
+2,217
| +1% | +$32.7K |
|
2152
Douglas Dynamics
PLOW
$981M
| $3.03M | ﹤0.01% |
132,580
+4,056
| +3% | +$87.7K |
|
|
GLUU
2153
DELISTED
Glu Mobile Inc.
GLUU
| $3.02M | ﹤0.01% |
603,816
+56,495
| +10% | +$253K |
|
2154
First Busey Corp
BUSE
$2.58B
| $3M | ﹤0.01% |
149,597
+5,735
| +4% | +$110K |
|
2155
TG Therapeutics
TGTX
$7.58B
| $3M | ﹤0.01% |
193,698
+9,812
| +5% | +$149K |
|
|
TLMR
2156
DELISTED
TALMER BANCORP INC (MI)
TLMR
| $2.98M | ﹤0.01% |
194,874
+56,916
| +41% | +$801K |
|
|
ACAT
2157
DELISTED
Arctic Cat Inc
ACAT
| $2.98M | ﹤0.01% |
82,009
+1,503
| +2% | +$54.1K |
|
2158
Sarepta Therapeutics
SRPT
$1.94B
| $2.98M | ﹤0.01% |
224,189
+6,614
| +3% | +$88.2K |
|
2159
Citi Trends
CTRN
$617M
| $2.97M | ﹤0.01% |
109,974
+18,604
| +20% | +$470K |
|
2160
Westwood Holdings Group
WHG
$183M
| $2.96M | ﹤0.01% |
49,167
+3,414
| +7% | +$207K |
|
|
NSM
2161
DELISTED
Nationstar Mortgage Holdings
NSM
| $2.96M | ﹤0.01% |
119,533
+957
| +0.8% | +$26.3K |
|
2162
HSBC
HSBC
$358B
| $2.95M | ﹤0.01% |
78,686
+7,949
| +11% | +$310K |
|
|
AVID
2163
DELISTED
Avid Technology Inc
AVID
| $2.95M | ﹤0.01% |
198,277
+186,979
| +1,655% | +$2.68M |
|
|
CPE
2164
DELISTED
Callon Petroleum Company
CPE
| $2.95M | ﹤0.01% |
39,488
+1,456
| +4% | +$94.6K |
|
|
CET
2165
Central Securities Corp
CET
$1.63B
| – | – |
0
| – | – |
|
2166
Rockwell Medical
RMTI
$29.6M
| $2.94M | ﹤0.01% |
2,448
+139
| +6% | +$163K |
|
2167
Park-Ohio Holdings
PKOH
$716M
| $2.94M | ﹤0.01% |
55,815
+4,877
| +10% | +$271K |
|
2168
NN Inc
NNBR
$302M
| $2.93M | ﹤0.01% |
116,923
+16,745
| +17% | +$400K |
|
|
NMBL
2169
DELISTED
Nimble Storage, Inc.
NMBL
| $2.93M | ﹤0.01% |
131,297
+18,120
| +16% | +$441K |
|
|
ARII
2170
DELISTED
American Railcar Industries, Inc.
ARII
| $2.92M | ﹤0.01% |
58,774
+627
| +1% | +$32.5K |
|
2171
TriCo Bancshares
TCBK
$1.84B
| $2.92M | ﹤0.01% |
121,082
+12,674
| +12% | +$303K |
|
2172
Beazer Homes USA
BZH
$874M
| $2.92M | ﹤0.01% |
164,850
+25,825
| +19% | +$440K |
|
2173
Flexsteel Industries
FLXS
$301M
| $2.92M | ﹤0.01% |
93,353
+5,677
| +6% | +$174K |
|
2174
Center Bancorp
CNOB
$1.81B
| $2.92M | ﹤0.01% |
149,879
+42,363
| +39% | +$787K |
|
2175
John B. Sanfilippo & Son
JBSS
$989M
| $2.91M | ﹤0.01% |
67,572
+15,855
| +31% | +$614K |
|
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.