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 | |
|---|---|---|---|---|---|---|
|
CSS
2401
DELISTED
CSS Industries, Inc.
CSS
| $2.03M | ﹤0.01% |
67,233
-7,751
| -10% | -$222K |
|
2402
Ennis
EBF
$556M
| $2.02M | ﹤0.01% |
143,415
+16,831
| +13% | +$229K |
|
2403
Harte-Hanks
HHS
$18.6M
| $2.02M | ﹤0.01% |
25,879
+429
| +2% | +$33.2K |
|
|
RTEC
2404
DELISTED
Rudolph Technologies Inc
RTEC
| $2.02M | ﹤0.01% |
183,168
+10,681
| +6% | +$122K |
|
2405
Arrow Financial
AROW
$725M
| $2.02M | ﹤0.01% |
96,005
+3,333
| +4% | +$68.6K |
|
2406
Enphase Energy
ENPH
$5.39B
| $2.01M | ﹤0.01% |
152,673
+5,378
| +4% | +$69.6K |
|
|
NEWR
2407
DELISTED
New Relic, Inc.
NEWR
| $2.01M | ﹤0.01% |
+58,023
| New | +$1.96M |
|
2408
Peoples Bancorp
PEBO
$1.48B
| $2.01M | ﹤0.01% |
85,137
+14,911
| +21% | +$357K |
|
|
EGRX
2409
DELISTED
Eagle Pharmaceuticals, Inc.
EGRX
| $2.01M | ﹤0.01% |
48,012
+17,961
| +60% | +$510K |
|
|
ACGN
2410
DELISTED
Aceragen Inc
ACGN
| $2.01M | ﹤0.01% |
3,991
+751
| +23% | +$458K |
|
2411
HubSpot
HUBS
$10.5B
| $2.01M | ﹤0.01% |
50,314
+29,784
| +145% | +$1.11M |
|
2412
Arrowhead Research
ARWR
$12.3B
| $2M | ﹤0.01% |
296,355
+17,498
| +6% | +$124K |
|
|
TTSH
2413
DELISTED
Tile Shop Holdings
TTSH
| $2M | ﹤0.01% |
165,484
+17,318
| +12% | +$169K |
|
2414
Enterprise Financial Services Corp
EFSC
$2.41B
| $2M | ﹤0.01% |
96,901
+3,981
| +4% | +$79.6K |
|
|
VRTV
2415
DELISTED
VERITIV CORPORATION
VRTV
| $1.99M | ﹤0.01% |
45,119
+2,189
| +5% | +$109K |
|
|
OLP
2416
One Liberty Properties
OLP
$523M
| $1.99M | ﹤0.01% |
81,443
+13,411
| +20% | +$325K |
|
|
ATRS
2417
DELISTED
Antares Pharma, Inc.
ATRS
| $1.99M | ﹤0.01% |
733,721
+76,909
| +12% | +$195K |
|
|
EXXI
2418
DELISTED
ENERGY XXI LTD COM SHS
EXXI
| $1.99M | ﹤0.01% |
545,972
+28,484
| +6% | +$99.5K |
|
|
CTT
2419
DELISTED
CATCHMARK TIMBER TRUST, INC.
CTT
| $1.98M | ﹤0.01% |
169,327
+8,639
| +5% | +$101K |
|
2420
Federal Agricultural Mortgage
AGM
$2.58B
| $1.98M | ﹤0.01% |
70,358
+9,057
| +15% | +$269K |
|
2421
Open Text
OTEX
$5.8B
| $1.97M | ﹤0.01% |
74,688
+9,006
| +14% | +$257K |
|
|
TPCO
2422
DELISTED
Tribune Publishing Company Common Stock
TPCO
| $1.97M | ﹤0.01% |
101,596
+13,721
| +16% | +$278K |
|
2423
Powell Industries
POWL
$7.58B
| $1.97M | ﹤0.01% |
174,981
+12,594
| +8% | +$154K |
|
|
RCAP
2424
DELISTED
RCS CAPITAL CORPORATION CLASS A COM
RCAP
| $1.97M | ﹤0.01% |
185,044
+24,299
| +15% | +$260K |
|
|
LDR
2425
DELISTED
Landauer Inc
LDR
| $1.97M | ﹤0.01% |
55,979
+245
| +0.4% | +$8.26K |
|
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.