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 | |
|---|---|---|---|---|---|---|
2276
1-800-Flowers.com
FLWS
$262M
| $2.51M | ﹤0.01% |
212,102
+35,976
| +20% | +$367K |
|
|
PSEM
2277
DELISTED
PERICOM SEMICONDUCTOR CP
PSEM
| $2.5M | ﹤0.01% |
161,768
+38,785
| +32% | +$568K |
|
2278
Citizens Financial Group
CFG
$31.1B
| $2.49M | ﹤0.01% |
103,395
-29,715
| -22% | -$728K |
|
2279
Park Aerospace
PKE
$828M
| $2.49M | ﹤0.01% |
115,664
+3,958
| +4% | +$86.1K |
|
2280
Ambarella
AMBA
$3.66B
| $2.49M | ﹤0.01% |
32,882
+2,122
| +7% | +$129K |
|
|
RGLS
2281
DELISTED
Regulus Therapeutics
RGLS
| $2.49M | ﹤0.01% |
1,223
+43
| +4% | +$93.5K |
|
2282
Plug Power
PLUG
$3.2B
| $2.48M | ﹤0.01% |
959,636
+86,955
| +10% | +$252K |
|
2283
Corcept Therapeutics
CORT
$12.1B
| $2.48M | ﹤0.01% |
442,751
+22,608
| +5% | +$81.8K |
|
2284
Clean Energy Fuels
CLNE
$384M
| $2.47M | ﹤0.01% |
463,811
+6,050
| +1% | +$30.1K |
|
|
XOXO
2285
DELISTED
Xo Group Inc
XOXO
| $2.47M | ﹤0.01% |
139,602
+5,000
| +4% | +$84.6K |
|
2286
National Beverage
FIZZ
$2.9B
| $2.46M | ﹤0.01% |
201,470
+17,066
| +9% | +$193K |
|
2287
James River Group Holdings
JRVR
$199M
| $2.45M | ﹤0.01% |
+104,199
| New | +$2.33M |
|
|
KTWO
2288
DELISTED
K2M Group Holdings, Inc
KTWO
| $2.45M | ﹤0.01% |
111,077
+46,871
| +73% | +$959K |
|
|
RDUS
2289
DELISTED
Radius Recycling
RDUS
| $2.44M | ﹤0.01% |
154,018
+3,120
| +2% | +$52.5K |
|
|
GOOD
2290
Gladstone Commercial Corp
GOOD
$630M
| $2.44M | ﹤0.01% |
130,996
+32,457
| +33% | +$579K |
|
2291
Great Southern Bancorp
GSBC
$877M
| $2.44M | ﹤0.01% |
61,862
+4,617
| +8% | +$174K |
|
|
LBAI
2292
DELISTED
Lakeland Bancorp Inc
LBAI
| $2.44M | ﹤0.01% |
211,781
+17,021
| +9% | +$190K |
|
|
PKD
2293
DELISTED
Parker Drilling Company
PKD
| $2.43M | ﹤0.01% |
46,406
-3,517
| -7% | -$163K |
|
|
SMRT
2294
DELISTED
Stein Mart Inc
SMRT
| $2.43M | ﹤0.01% |
194,963
+27,858
| +17% | +$394K |
|
|
AMCC
2295
DELISTED
Applied Micro Circuits Corporation New
AMCC
| $2.43M | ﹤0.01% |
476,003
+35,214
| +8% | +$194K |
|
|
BBG
2296
DELISTED
Bill Barrett Corp
BBG
| $2.43M | ﹤0.01% |
292,367
+5,857
| +2% | +$59.7K |
|
2297
York Water
YORW
$528M
| $2.42M | ﹤0.01% |
99,738
+40,476
| +68% | +$953K |
|
|
MSFG
2298
DELISTED
MainSource Financial Group Inc
MSFG
| $2.42M | ﹤0.01% |
123,197
+19,171
| +18% | +$371K |
|
|
RDEN
2299
DELISTED
ELIZABETH ARDEN INC
RDEN
| $2.42M | ﹤0.01% |
154,827
+4,828
| +3% | +$80.4K |
|
2300
RadNet
RDNT
$6.06B
| $2.41M | ﹤0.01% |
287,405
+66,399
| +30% | +$556K |
|
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.