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 | |
|---|---|---|---|---|---|---|
2301
Onto Innovation
ONTO
$20.6B
| $2.41M | ﹤0.01% |
143,190
+14,511
| +11% | +$248K |
|
|
YDKN
2302
DELISTED
Yadkin Financial Corporation
YDKN
| $2.41M | ﹤0.01% |
118,577
+23,481
| +25% | +$455K |
|
2303
Entravision Communication
EVC
$832M
| $2.4M | ﹤0.01% |
378,366
-60,998
| -14% | -$403K |
|
|
GSIG
2304
DELISTED
GSI GROUP INC COM STK (CDA)
GSIG
| $2.4M | ﹤0.01% |
179,845
+42,415
| +31% | +$569K |
|
|
VTSS
2305
DELISTED
VITESSE SEMICONDUCTOR CORPORATION COMMON STOCK
VTSS
| $2.4M | ﹤0.01% |
451,283
+80,112
| +22% | +$338K |
|
|
AMRI
2306
DELISTED
Albany Molecular Research Inc
AMRI
| $2.39M | ﹤0.01% |
136,026
+3,546
| +3% | +$60.4K |
|
|
HVB
2307
DELISTED
HUDSON VY HLDG CORP
HVB
| $2.39M | ﹤0.01% |
93,690
+5,457
| +6% | +$140K |
|
|
STFC
2308
DELISTED
State Auto Financial Corp
STFC
| $2.39M | ﹤0.01% |
98,510
+5,592
| +6% | +$128K |
|
|
BMTC
2309
DELISTED
Bryn Mawr Bank Corp
BMTC
| $2.39M | ﹤0.01% |
78,543
+11,223
| +17% | +$336K |
|
2310
Theravance Biopharma
TBPH
$878M
| $2.38M | ﹤0.01% |
136,904
+1,817
| +1% | +$33.3K |
|
|
LTS
2311
DELISTED
Ladenburg Thalmann Financial Services Inc
LTS
| $2.37M | ﹤0.01% |
615,188
+22,226
| +4% | +$86.8K |
|
2312
Atara Biotherapeutics
ATRA
$83.1M
| $2.37M | ﹤0.01% |
2,280
+873
| +62% | +$577K |
|
2313
Koppers
KOP
$857M
| $2.37M | ﹤0.01% |
120,243
+9,555
| +9% | +$192K |
|
|
ARMH
2314
DELISTED
ARM HOLDINGS PLC ADS
ARMH
| $2.36M | ﹤0.01% |
47,910
+6,196
| +15% | +$308K |
|
2315
RingCentral
RNG
$5.25B
| $2.36M | ﹤0.01% |
153,912
+27,148
| +21% | +$409K |
|
2316
First Financial Corp
THFF
$970M
| $2.35M | ﹤0.01% |
65,630
+3,561
| +6% | +$122K |
|
|
CUDA
2317
DELISTED
Barracuda Networks, Inc.
CUDA
| $2.35M | ﹤0.01% |
60,970
+2,202
| +4% | +$81.5K |
|
2318
Vera Bradley
VRA
$96.7M
| $2.34M | ﹤0.01% |
143,958
+12,738
| +10% | +$235K |
|
|
ACRE
2319
Ares Commercial Real Estate
ACRE
$261M
| $2.33M | ﹤0.01% |
210,830
+7,179
| +4% | +$85K |
|
2320
Marcus Corp
MCS
$914M
| $2.33M | ﹤0.01% |
109,441
+6,331
| +6% | +$123K |
|
2321
Clear Channel Outdoor Holdings
CCO
$1.23B
| $2.32M | ﹤0.01% |
229,139
+20,274
| +10% | +$197K |
|
2322
Medifast
MED
$130M
| $2.31M | ﹤0.01% |
77,096
+5,319
| +7% | +$169K |
|
|
MIG
2323
DELISTED
MEADOWBROOK INSURANCE GRP INC
MIG
| $2.31M | ﹤0.01% |
271,418
+33,225
| +14% | +$279K |
|
2324
Cerus
CERS
$546M
| $2.31M | ﹤0.01% |
552,932
+102,869
| +23% | +$527K |
|
|
CAI
2325
DELISTED
CAI International, Inc.
CAI
| $2.3M | ﹤0.01% |
93,813
+4,826
| +5% | +$112K |
|
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.