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 | |
|---|---|---|---|---|---|---|
|
BHBK
2326
DELISTED
Blue Hills Bancorp, Inc.
BHBK
| $2.29M | ﹤0.01% |
173,637
+21,697
| +14% | +$284K |
|
|
SP
2327
DELISTED
SP Plus Corporation
SP
| $2.29M | ﹤0.01% |
104,976
+11,063
| +12% | +$248K |
|
2328
Dave & Buster's
PLAY
$361M
| $2.29M | ﹤0.01% |
75,064
+55,228
| +278% | +$1.65M |
|
|
LADR
2329
Ladder Capital
LADR
$1.25B
| $2.29M | ﹤0.01% |
153,871
+37,840
| +33% | +$567K |
|
|
CCRN
2330
DELISTED
Cross Country Healthcare
CCRN
| $2.28M | ﹤0.01% |
192,493
+10,425
| +6% | +$119K |
|
2331
Flex
FLEX
$46B
| $2.28M | ﹤0.01% |
241,258
+30,936
| +15% | +$271K |
|
|
VWTR
2332
DELISTED
Vidler Water Resouces, Inc. Common Stock
VWTR
| $2.27M | ﹤0.01% |
140,013
+8,785
| +7% | +$146K |
|
|
ADVM
2333
DELISTED
Adverum Biotechnologies
ADVM
| $2.27M | ﹤0.01% |
5,597
+1,122
| +25% | +$474K |
|
2334
CBIZ
CBZ
$2.96B
| $2.26M | ﹤0.01% |
242,576
+8,491
| +4% | +$74.2K |
|
2335
Tejon Ranch
TRC
$441M
| $2.26M | ﹤0.01% |
88,065
+733
| +0.8% | +$18.3K |
|
|
KYNB
2336
Kyntra Bio
KYNB
$28.7M
| $2.26M | ﹤0.01% |
2,876
+451
| +19% | +$350K |
|
2337
Moelis & Co
MC
$4.91B
| $2.25M | ﹤0.01% |
74,805
-1,518
| -2% | -$47.9K |
|
|
HK
2338
DELISTED
Halcon Resources Corporation
HK
| $2.25M | ﹤0.01% |
8,467
-86
| -1% | -$25.4K |
|
2339
Waterstone Financial
WSBF
$378M
| $2.24M | ﹤0.01% |
174,567
+66,053
| +61% | +$852K |
|
|
TEI
2340
Templeton Emerging Markets Income Fund
TEI
$320M
| – | – |
0
| – | – |
|
|
EPE
2341
DELISTED
EP Energy Corporation
EPE
| $2.23M | ﹤0.01% |
212,553
+21,469
| +11% | +$226K |
|
2342
Southern Copper
SCCO
$165B
| $2.23M | ﹤0.01% |
84,061
+3,763
| +5% | +$99.2K |
|
|
CHUY
2343
DELISTED
Chuy's Holdings, Inc. Common Stock
CHUY
| $2.22M | ﹤0.01% |
98,723
+1,231
| +1% | +$27.1K |
|
|
RT
2344
DELISTED
Ruby Tuesday Georgia
RT
| $2.22M | ﹤0.01% |
370,111
+25,724
| +7% | +$163K |
|
|
IL
2345
DELISTED
IntraLinks Holdings Inc.
IL
| $2.22M | ﹤0.01% |
215,129
+11,678
| +6% | +$128K |
|
2346
RE/MAX Holdings
RMAX
$263M
| $2.22M | ﹤0.01% |
66,832
+4,624
| +7% | +$158K |
|
|
OMN
2347
DELISTED
OMNOVA Solutions Inc.
OMN
| $2.22M | ﹤0.01% |
259,798
+5,784
| +2% | +$45.2K |
|
2348
Univest Financial
UVSP
$1.18B
| $2.21M | ﹤0.01% |
111,780
+8,483
| +8% | +$163K |
|
2349
First Bancorp
FBNC
$2.72B
| $2.21M | ﹤0.01% |
125,921
+7,264
| +6% | +$126K |
|
2350
Insteel Industries
IIIN
$635M
| $2.21M | ﹤0.01% |
102,082
+4,387
| +4% | +$93.3K |
|
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.