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 | |
|---|---|---|---|---|---|---|
|
ARC
2226
DELISTED
ARC Document Solutions, Inc.
ARC
| $2.71M | ﹤0.01% |
293,207
+15,388
| +6% | +$140K |
|
2227
Inogen
INGN
$154M
| $2.69M | ﹤0.01% |
83,979
+30,022
| +56% | +$969K |
|
2228
Xencor
XNCR
$1.72B
| $2.69M | ﹤0.01% |
175,301
+70,790
| +68% | +$1.12M |
|
2229
Myers Industries
MYE
$1.23B
| $2.68M | ﹤0.01% |
153,092
+4,906
| +3% | +$86.5K |
|
2230
PC Connection
CNXN
$2.03B
| $2.68M | ﹤0.01% |
102,803
+13,061
| +15% | +$321K |
|
|
HTLF
2231
DELISTED
Heartland Financial USA, Inc.
HTLF
| $2.68M | ﹤0.01% |
82,198
+8,453
| +11% | +$250K |
|
|
SUP
2232
DELISTED
Superior Industries International
SUP
| $2.68M | ﹤0.01% |
141,531
+6,374
| +5% | +$121K |
|
|
BDSI
2233
DELISTED
BioDelivery Sciences International, Inc.
BDSI
| $2.68M | ﹤0.01% |
255,010
+13,117
| +5% | +$179K |
|
2234
NetEase
NTES
$79.5B
| $2.67M | ﹤0.01% |
126,975
+4,115
| +3% | +$87K |
|
|
EXAR
2235
DELISTED
Exar Corporation
EXAR
| $2.66M | ﹤0.01% |
264,911
+15,613
| +6% | +$160K |
|
2236
Stock Yards Bancorp
SYBT
$2.64B
| $2.65M | ﹤0.01% |
115,581
+19,075
| +20% | +$416K |
|
|
CCG
2237
DELISTED
CAMPUS CREST COMMUNITIES INC COM STK (MD)
CCG
| $2.65M | ﹤0.01% |
370,021
+20,861
| +6% | +$155K |
|
|
SQI
2238
DELISTED
SCIQUEST, INC. COMMON STOCK
SQI
| $2.65M | ﹤0.01% |
156,262
+9,082
| +6% | +$144K |
|
2239
Novartis
NVS
$290B
| $2.64M | ﹤0.01% |
29,924
+587
| +2% | +$52.1K |
|
|
WLB
2240
DELISTED
Westmoreland Coal Company
WLB
| $2.64M | ﹤0.01% |
98,835
+10,601
| +12% | +$305K |
|
|
XNPT
2241
DELISTED
XENOPORT, INC.
XNPT
| $2.64M | ﹤0.01% |
371,476
+58,692
| +19% | +$455K |
|
|
SGYP
2242
DELISTED
Synergy Pharmaceuticals, Inc Common Stock
SGYP
| $2.64M | ﹤0.01% |
572,283
+36,887
| +7% | +$120K |
|
|
XLRN
2243
DELISTED
Acceleron Pharma
XLRN
| $2.63M | ﹤0.01% |
69,242
+1,891
| +3% | +$75.2K |
|
|
DHIL
2244
DELISTED
Diamond Hill
DHIL
| $2.63M | ﹤0.01% |
16,452
+3,477
| +27% | +$489K |
|
2245
Ryanair
RYAAY
$30.8B
| $2.63M | ﹤0.01% |
95,833
+12,663
| +15% | +$338K |
|
|
AERI
2246
DELISTED
Aerie Pharmaceuticals
AERI
| $2.62M | ﹤0.01% |
83,688
+1,878
| +2% | +$54.4K |
|
2247
Hannon Armstrong Sustainable Infrastructure Capital
HASI
$5.37B
| $2.62M | ﹤0.01% |
143,374
+25,107
| +21% | +$399K |
|
|
MCHB
2248
Mechanics Bancorp
MCHB
$3.8B
| $2.61M | ﹤0.01% |
142,735
+79,835
| +127% | +$1.41M |
|
2249
Enanta Pharmaceuticals
ENTA
$393M
| $2.61M | ﹤0.01% |
85,331
+9,408
| +12% | +$366K |
|
2250
Chefs' Warehouse
CHEF
$4.53B
| $2.6M | ﹤0.01% |
116,087
+2,883
| +3% | +$63.5K |
|
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.