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 | |
|---|---|---|---|---|---|---|
2201
PetMed Express
PETS
$43M
| $2.8M | ﹤0.01% |
169,288
+39,313
| +30% | +$609K |
|
2202
Northern Oil and Gas
NOG
$2.57B
| $2.79M | ﹤0.01% |
36,214
+240
| +0.7% | +$17.3K |
|
2203
VSE Corp
VSEC
$6.81B
| $2.79M | ﹤0.01% |
68,194
+7,744
| +13% | +$295K |
|
|
VA
2204
DELISTED
Virgin America Inc.
VA
| $2.79M | ﹤0.01% |
91,838
+17,682
| +24% | +$633K |
|
2205
1st Source
SRCE
$2.13B
| $2.79M | ﹤0.01% |
95,382
+13,027
| +16% | +$374K |
|
|
GTI
2206
DELISTED
GRAFTECH INTERNATIONAL LTD
GTI
| $2.78M | ﹤0.01% |
715,401
+83,242
| +13% | +$334K |
|
|
HTO
2207
H2O America
HTO
$2.62B
| $2.77M | ﹤0.01% |
89,634
+15,143
| +20% | +$498K |
|
|
XOOM
2208
DELISTED
XOOM CORP COM
XOOM
| $2.77M | ﹤0.01% |
188,447
+23,768
| +14% | +$373K |
|
|
SHOR
2209
DELISTED
ShoreTel, Inc.
SHOR
| $2.76M | ﹤0.01% |
405,296
+61,956
| +18% | +$443K |
|
|
SKUL
2210
DELISTED
SKULLCANDY INC
SKUL
| $2.76M | ﹤0.01% |
244,360
-34,872
| -12% | -$365K |
|
2211
Unitil
UTL
$984M
| $2.76M | ﹤0.01% |
79,276
+2,580
| +3% | +$91K |
|
|
COBZ
2212
DELISTED
CoBiz Financial,Inc
COBZ
| $2.75M | ﹤0.01% |
223,358
+4,199
| +2% | +$49.5K |
|
2213
ASML
ASML
$695B
| $2.75M | ﹤0.01% |
27,212
+3,365
| +14% | +$354K |
|
2214
CareTrust REIT
CTRE
$9.25B
| $2.75M | ﹤0.01% |
202,622
+17,931
| +10% | +$231K |
|
2215
Quantum Corp
QMCO
$864M
| $2.75M | ﹤0.01% |
10,732
+432
| +4% | +$114K |
|
|
SCMP
2216
DELISTED
Sucampo Pharmaceuticals, Inc.
SCMP
| $2.75M | ﹤0.01% |
176,468
+26,505
| +18% | +$411K |
|
|
CKP
2217
DELISTED
CHECKPOINT SYSTEMS INC
CKP
| $2.73M | ﹤0.01% |
252,821
+31,244
| +14% | +$396K |
|
2218
Paylocity
PCTY
$7.73B
| $2.73M | ﹤0.01% |
95,333
+41,595
| +77% | +$1.14M |
|
2219
Titan International
TWI
$450M
| $2.72M | ﹤0.01% |
291,038
+18,859
| +7% | +$183K |
|
2220
America's Car Mart
CRMT
$26.2M
| $2.72M | ﹤0.01% |
50,208
+3,104
| +7% | +$167K |
|
|
ELNK
2221
DELISTED
EarthLink Holdings Corp.
ELNK
| $2.72M | ﹤0.01% |
613,321
+13,177
| +2% | +$58.5K |
|
2222
CEVA Inc
CEVA
$857M
| $2.72M | ﹤0.01% |
127,640
+6,013
| +5% | +$118K |
|
|
USCR
2223
DELISTED
U S Concrete, Inc.
USCR
| $2.71M | ﹤0.01% |
80,186
+2,320
| +3% | +$68.6K |
|
|
UNIS
2224
DELISTED
Unilife Corporation
UNIS
| $2.71M | ﹤0.01% |
67,667
+8,218
| +14% | +$329K |
|
2225
Trip.com Group
TCOM
$28.7B
| $2.71M | ﹤0.01% |
92,348
+10,082
| +12% | +$243K |
|
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.