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 | |
|---|---|---|---|---|---|---|
|
GIMO
2251
DELISTED
Gigamon Inc.
GIMO
| $2.6M | ﹤0.01% |
122,569
+7,295
| +6% | +$141K |
|
|
PVA
2252
DELISTED
PENN VIRGINIA CORP
PVA
| $2.59M | ﹤0.01% |
400,151
+28,228
| +8% | +$180K |
|
|
ASEI
2253
DELISTED
AMER SCIENCE & ENGR INC.
ASEI
| $2.59M | ﹤0.01% |
53,036
-6,900
| -12% | -$348K |
|
|
WWE
2254
DELISTED
World Wrestling Entertainment
WWE
| $2.59M | ﹤0.01% |
184,834
+11,580
| +7% | +$165K |
|
|
SGBK
2255
DELISTED
Stonegate Bank
SGBK
| $2.59M | ﹤0.01% |
85,717
+67,394
| +368% | +$1.94M |
|
|
FRP
2256
DELISTED
Fairpoint Communications, Inc.
FRP
| $2.58M | ﹤0.01% |
146,506
+8,318
| +6% | +$133K |
|
|
IXYS
2257
DELISTED
IXYS Corp
IXYS
| $2.58M | ﹤0.01% |
209,184
+31,937
| +18% | +$382K |
|
2258
Bristow Group
VTOL
$1.36B
| $2.58M | ﹤0.01% |
61,800
+9,464
| +18% | +$414K |
|
|
BBOX
2259
DELISTED
Black Box Corp
BBOX
| $2.57M | ﹤0.01% |
122,770
+967
| +0.8% | +$21.1K |
|
|
PHIIK
2260
DELISTED
PHI, Inc. Non-Voting Common Stock
PHIIK
| $2.57M | ﹤0.01% |
85,398
+11,755
| +16% | +$392K |
|
|
WLH
2261
DELISTED
WILLIAM LYON HOMES
WLH
| $2.57M | ﹤0.01% |
99,483
+834
| +0.8% | +$18K |
|
|
PGNX
2262
DELISTED
Progenics Pharmaceuticals Inc
PGNX
| $2.56M | ﹤0.01% |
428,990
+1,200
| +0.3% | +$7.55K |
|
2263
West Bancorporation
WTBA
$503M
| $2.56M | ﹤0.01% |
128,699
+63,365
| +97% | +$1.11M |
|
2264
Walker & Dunlop
WD
$1.45B
| $2.56M | ﹤0.01% |
144,225
+30,612
| +27% | +$520K |
|
2265
OraSure Technologies
OSUR
$259M
| $2.56M | ﹤0.01% |
391,016
+38,126
| +11% | +$317K |
|
2266
Hovnanian Enterprises
HOV
$793M
| $2.55M | ﹤0.01% |
28,687
+285
| +1% | +$25.7K |
|
|
LHCG
2267
DELISTED
LHC Group LLC
LHCG
| $2.55M | ﹤0.01% |
77,270
+6,037
| +8% | +$188K |
|
|
EPZM
2268
DELISTED
Epizyme, Inc
EPZM
| $2.54M | ﹤0.01% |
135,544
+50,439
| +59% | +$1.04M |
|
|
NATL
2269
DELISTED
National Interstate Corporation
NATL
| $2.54M | ﹤0.01% |
90,668
+1,849
| +2% | +$50.4K |
|
|
HSII
2270
DELISTED
Heidrick & Struggles
HSII
| $2.53M | ﹤0.01% |
103,006
+11,392
| +12% | +$267K |
|
|
MESG
2271
DELISTED
XURA INC COM (DE)
MESG
| $2.53M | ﹤0.01% |
128,427
+1,856
| +1% | +$34.2K |
|
2272
FreightCar America
RAIL
$243M
| $2.53M | ﹤0.01% |
80,490
+1,669
| +2% | +$46.3K |
|
2273
Chegg
CHGG
$88.9M
| $2.53M | ﹤0.01% |
318,098
+36,081
| +13% | +$268K |
|
|
SEVN
2274
Seven Hills Realty Trust
SEVN
$174M
| – | – |
0
| – | – |
|
|
NILE
2275
DELISTED
Blue Nile, Inc.
NILE
| $2.52M | ﹤0.01% |
79,194
+1,539
| +2% | +$48.2K |
|
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.