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 | |
|---|---|---|---|---|---|---|
2426
Banc of California
BANC
$3.1B
| $1.96M | ﹤0.01% |
159,546
+32,766
| +26% | +$366K |
|
|
METR
2427
DELISTED
METRO BANCORP, INC COMMON STOCK
METR
| $1.96M | ﹤0.01% |
71,152
+2,846
| +4% | +$74K |
|
2428
Heritage Insurance Holdings
HRTG
$980M
| $1.96M | ﹤0.01% |
89,095
+39,741
| +81% | +$805K |
|
|
HDP
2429
DELISTED
Hortonworks, Inc.
HDP
| $1.95M | ﹤0.01% |
81,873
+69,084
| +540% | +$1.6M |
|
|
MRGE
2430
DELISTED
MERGE HEALTHCARE INC COM STK (WI)
MRGE
| $1.95M | ﹤0.01% |
436,551
+65,334
| +18% | +$273K |
|
|
NVO
2431
Novo Nordisk
NVO
$203B
| $1.94M | ﹤0.01% |
72,696
-3,450
| -5% | -$79.4K |
|
|
PTX
2432
DELISTED
Pernix Therapeutics Holdings, Inc.
PTX
| $1.94M | ﹤0.01% |
18,147
+2,440
| +16% | +$233K |
|
|
GLF
2433
DELISTED
GulfMark Offshore, Inc. Common Stock
GLF
| $1.94M | ﹤0.01% |
148,747
+4,431
| +3% | +$79.4K |
|
2434
HealthEquity
HQY
$8.82B
| $1.94M | ﹤0.01% |
77,545
+8,221
| +12% | +$178K |
|
|
FBC
2435
DELISTED
Flagstar Bancorp, Inc. New
FBC
| $1.94M | ﹤0.01% |
133,539
+4,878
| +4% | +$73K |
|
2436
Preferred Bank
PFBC
$1.26B
| $1.94M | ﹤0.01% |
70,506
+5,065
| +8% | +$137K |
|
2437
FuelCell Energy
FCEL
$1.73B
| $1.93M | ﹤0.01% |
358
+49
| +16% | +$272K |
|
2438
Rigel Pharmaceuticals
RIGL
$782M
| $1.93M | ﹤0.01% |
53,970
+8,037
| +17% | +$220K |
|
2439
Build-A-Bear
BBW
$464M
| $1.92M | ﹤0.01% |
97,947
+11,696
| +14% | +$240K |
|
|
UCFC
2440
DELISTED
United Community Financial Corp
UCFC
| $1.92M | ﹤0.01% |
352,356
+21,350
| +6% | +$113K |
|
|
AXAS
2441
DELISTED
Abraxas Petroleum Corp
AXAS
| $1.92M | ﹤0.01% |
29,532
-17,670
| -37% | -$1.09M |
|
|
PES
2442
DELISTED
Pioneer Energy Services Corp.
PES
| $1.92M | ﹤0.01% |
354,116
-155,471
| -31% | -$774K |
|
|
SDRL
2443
DELISTED
Seadrill Limited Common Stock
SDRL
| $1.91M | ﹤0.01% |
761
-3
| -0.4% | -$8.71K |
|
2444
Adams Diversified Equity Fund
ADX
$3.31B
| – | – |
0
| – | – |
|
2445
Calix
CALX
$2.51B
| $1.9M | ﹤0.01% |
226,951
+4,644
| +2% | +$41.7K |
|
2446
CRA International
CRAI
$1.06B
| $1.9M | ﹤0.01% |
61,128
+7,393
| +14% | +$225K |
|
2447
PennyMac Financial
PFSI
$4B
| $1.9M | ﹤0.01% |
111,721
+10,900
| +11% | +$194K |
|
|
SAGE
2448
DELISTED
Sage Therapeutics
SAGE
| $1.9M | ﹤0.01% |
37,728
+2,942
| +8% | +$126K |
|
|
AUO
2449
DELISTED
AU Optronics Corp
AUO
| $1.89M | ﹤0.01% |
376,608
+275,511
| +273% | +$1.47M |
|
2450
Coherus Oncology
CHRS
$181M
| $1.88M | ﹤0.01% |
61,593
+24,466
| +66% | +$632K |
|
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.