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 | |
|---|---|---|---|---|---|---|
2451
Installed Building Products
IBP
$6.56B
| $1.88M | ﹤0.01% |
86,530
+18,796
| +28% | +$356K |
|
|
ECF
2452
Ellsworth Growth & Income Fund
ECF
$180M
| – | – |
0
| – | – |
|
2453
Hurco Companies Inc
HURC
$144M
| $1.87M | ﹤0.01% |
56,946
+9,919
| +21% | +$339K |
|
2454
V2X
VVX
$2.53B
| $1.87M | ﹤0.01% |
73,397
-5,827
| -7% | -$168K |
|
|
CMLS
2455
DELISTED
Cumulus Media Inc. Class A Common Stock
CMLS
| $1.87M | ﹤0.01% |
94,524
+1,894
| +2% | +$53.6K |
|
|
CTO
2456
CTO Realty Growth
CTO
$828M
| $1.87M | ﹤0.01% |
115,265
+17,521
| +18% | +$272K |
|
2457
Supernus Pharmaceuticals
SUPN
$2.74B
| $1.86M | ﹤0.01% |
154,205
+7,185
| +5% | +$67.9K |
|
2458
Covenant Logistics
CVLG
$880M
| $1.86M | ﹤0.01% |
112,162
+7,682
| +7% | +$117K |
|
|
XOMA
2459
DELISTED
Xoma
XOMA
| $1.86M | ﹤0.01% |
25,543
+4,129
| +19% | +$303K |
|
2460
Seacoast Banking Corp of Florida
SBCF
$3.49B
| $1.85M | ﹤0.01% |
130,023
+7,540
| +6% | +$99.6K |
|
|
ENOC
2461
DELISTED
EnerNOC, Inc.
ENOC
| $1.84M | ﹤0.01% |
161,452
+11,820
| +8% | +$177K |
|
|
LMOS
2462
DELISTED
Lumos Networks Corp
LMOS
| $1.84M | ﹤0.01% |
120,428
+13,839
| +13% | +$233K |
|
|
PSTB
2463
DELISTED
Park Sterling Corp.
PSTB
| $1.84M | ﹤0.01% |
258,988
+26,138
| +11% | +$180K |
|
2464
Malibu Boats
MBUU
$577M
| $1.84M | ﹤0.01% |
78,645
+14,435
| +22% | +$300K |
|
|
OMED
2465
DELISTED
OncoMed Pharmaceuticals, Inc.
OMED
| $1.83M | ﹤0.01% |
71,174
+2,147
| +3% | +$54.5K |
|
2466
Perdoceo Education
PRDO
$1.97B
| $1.83M | ﹤0.01% |
364,452
+59,127
| +19% | +$341K |
|
2467
Fox Factory Holding Corp
FOXF
$912M
| $1.83M | ﹤0.01% |
119,355
+23,674
| +25% | +$365K |
|
2468
Extreme Networks
EXTR
$3.25B
| $1.83M | ﹤0.01% |
578,938
+46,476
| +9% | +$152K |
|
|
MRLN
2469
DELISTED
Marlin Business Services Corp
MRLN
| $1.83M | ﹤0.01% |
91,253
+2,561
| +3% | +$48K |
|
|
OKSB
2470
DELISTED
Southwest Bancorp Inc/OK
OKSB
| $1.83M | ﹤0.01% |
102,773
+4,930
| +5% | +$81.4K |
|
|
EXAC
2471
DELISTED
Exactech Inc
EXAC
| $1.83M | ﹤0.01% |
71,272
+6,789
| +11% | +$156K |
|
2472
Verastem
VSTM
$629M
| $1.82M | ﹤0.01% |
14,938
+4,860
| +48% | +$509K |
|
|
BNFT
2473
DELISTED
Benefitfocus, Inc.
BNFT
| $1.82M | ﹤0.01% |
49,450
+918
| +2% | +$27.4K |
|
|
CWEI
2474
DELISTED
Clayton Williams Energy, Inc.
CWEI
| $1.82M | ﹤0.01% |
35,938
+245
| +0.7% | +$13.5K |
|
2475
National Presto Industries
NPK
$999M
| $1.81M | ﹤0.01% |
28,626
+286
| +1% | +$17.6K |
|
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.