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 | |
|---|---|---|---|---|---|---|
2176
Ezcorp Inc
EZPW
$1.78B
| $2.91M | ﹤0.01% |
318,877
-2,694
| -0.8% | -$28.7K |
|
|
YELL
2177
DELISTED
Yellow Corporation Common Stock
YELL
| $2.91M | ﹤0.01% |
161,932
+10,339
| +7% | +$192K |
|
2178
Motorcar Parts of America
MPAA
$230M
| $2.9M | ﹤0.01% |
104,526
+10,888
| +12% | +$297K |
|
|
SQNM
2179
DELISTED
SEQUENOM INC NEW
SQNM
| $2.9M | ﹤0.01% |
734,684
+38,352
| +6% | +$141K |
|
|
MHR
2180
DELISTED
MAGNUM HUNTER RESOURCES CORP (DEL)
MHR
| $2.9M | ﹤0.01% |
1,086,667
+11,950
| +1% | +$29.5K |
|
2181
Credicorp
BAP
$29.6B
| $2.89M | ﹤0.01% |
20,794
+1,376
| +7% | +$202K |
|
|
CNR
2182
DELISTED
Cornerstone Building Brands, Inc.
CNR
| $2.88M | ﹤0.01% |
166,501
+886
| +0.5% | +$14.8K |
|
2183
Spok Holdings
SPOK
$230M
| $2.87M | ﹤0.01% |
149,646
+7,789
| +5% | +$143K |
|
|
DPLO
2184
DELISTED
DIPLOMAT PHARMACY, INC.
DPLO
| $2.86M | ﹤0.01% |
82,817
+4,474
| +6% | +$122K |
|
2185
Coeur Mining
CDE
$19.3B
| $2.86M | ﹤0.01% |
607,692
-9,948
| -2% | -$57.8K |
|
|
UTEK
2186
DELISTED
Ultratech Inc.
UTEK
| $2.86M | ﹤0.01% |
164,715
+2,574
| +2% | +$45.1K |
|
2187
TETRA Technologies
TTI
$1.29B
| $2.84M | ﹤0.01% |
460,125
+12,918
| +3% | +$71.2K |
|
|
DFRG
2188
DELISTED
Del Frisco's Restaurant Group, Inc. Common Stock
DFRG
| $2.84M | ﹤0.01% |
140,764
+1,413
| +1% | +$28.4K |
|
2189
Par Pacific Holdings
PARR
$3.9B
| $2.83M | ﹤0.01% |
122,156
+89,125
| +270% | +$1.69M |
|
2190
Central Garden & Pet Co Class A
CENTA
$2.43B
| $2.83M | ﹤0.01% |
332,899
+36,880
| +12% | +$296K |
|
2191
Toyota
TM
$223B
| $2.83M | ﹤0.01% |
20,220
+389
| +2% | +$51.9K |
|
|
TESO
2192
DELISTED
Tesco Corp
TESO
| $2.82M | ﹤0.01% |
248,007
-45,719
| -16% | -$501K |
|
|
WPP
2193
DELISTED
WAUSAU PAPER CORP.
WPP
| $2.82M | ﹤0.01% |
295,877
+10,636
| +4% | +$103K |
|
|
IPHI
2194
DELISTED
INPHI CORPORATION
IPHI
| $2.82M | ﹤0.01% |
158,113
+29,487
| +23% | +$554K |
|
2195
VEON
VEON
$3.92B
| $2.81M | ﹤0.01% |
21,494
+1,957
| +10% | +$231K |
|
2196
Forrester Research
FORR
$220M
| $2.81M | ﹤0.01% |
76,532
+2,576
| +3% | +$96.6K |
|
|
ZOES
2197
DELISTED
Zoe's Kitchen, Inc.
ZOES
| $2.81M | ﹤0.01% |
84,265
+16,052
| +24% | +$519K |
|
2198
Inovio Pharmaceuticals
INO
$79.6M
| $2.8M | ﹤0.01% |
28,632
+990
| +4% | +$95.9K |
|
2199
Exelixis
EXEL
$12.5B
| $2.8M | ﹤0.01% |
1,089,366
+106,669
| +11% | +$248K |
|
|
PETX
2200
DELISTED
Aratana Therapeutics, Inc.
PETX
| $2.8M | ﹤0.01% |
174,720
+2,697
| +2% | +$48K |
|
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.