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 |
Eversource Energy
ES
|
+$124M |
| 2 |
Equinix
EQIX
|
+$116M |
| 3 |
Qorvo
QRVO
|
+$92.4M |
| 4 |
RAI
Reynolds American Inc
RAI
|
+$61.4M |
| 5 |
AbbVie
ABBV
|
+$58.8M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
AGN
Allergan plc
AGN
|
+$901M |
| 2 |
LO
LORILLARD INC COM STK
LO
|
+$182M |
| 3 |
Monster Beverage
MNST
|
+$168M |
| 4 |
PCYC
PHARMACYCLICS INC
PCYC
|
+$89.9M |
| 5 |
TGNA
TEGNA Inc
TGNA
|
+$66M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 15.29% |
| 2 | Healthcare | 14.9% |
| 3 | Technology | 14.58% |
| 4 | Industrials | 10.38% |
| 5 | Consumer Discretionary | 9.1% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
2501
Peoples Financial Services
PFIS
$707M
| $1.89M | ﹤0.01% |
47,622
+1,885
| +4% | +$75.8K |
|
|
PERY
2502
DELISTED
Perry Ellis International Inc
PERY
| $1.88M | ﹤0.01% |
78,887
+553
| +0.7% | +$13.7K |
|
2503
Mistras Group
MG
$512M
| $1.87M | ﹤0.01% |
98,689
+8,788
| +10% | +$164K |
|
2504
Citizens
CIA
$192M
| $1.87M | ﹤0.01% |
250,710
+37,474
| +18% | +$235K |
|
2505
1-800-Flowers.com
FLWS
$258M
| $1.87M | ﹤0.01% |
178,685
-33,417
| -16% | -$346K |
|
|
PHX
2506
DELISTED
PHX Minerals
PHX
| $1.86M | ﹤0.01% |
90,104
+1,806
| +2% | +$38.6K |
|
2507
Covenant Logistics
CVLG
$872M
| $1.86M | ﹤0.01% |
148,750
+36,588
| +33% | +$558K |
|
2508
Copa Holdings
CPA
$5.8B
| $1.86M | ﹤0.01% |
22,551
+7,979
| +55% | +$761K |
|
|
GCAP
2509
DELISTED
Gain Capital Holdings, Inc.
GCAP
| $1.86M | ﹤0.01% |
194,831
+15,088
| +8% | +$148K |
|
|
CTO
2510
CTO Realty Growth
CTO
$815M
| $1.86M | ﹤0.01% |
118,798
+3,533
| +3% | +$54.1K |
|
|
REXX
2511
DELISTED
Rex Energy Corporation
REXX
| $1.86M | ﹤0.01% |
33,249
+1,234
| +4% | +$61.3K |
|
|
CTIC
2512
DELISTED
CTI BioPharma Corp. (DE) Common Stock
CTIC
| $1.86M | ﹤0.01% |
95,214
+6,746
| +8% | +$130K |
|
2513
Shake Shack
SHAK
$2.87B
| $1.85M | ﹤0.01% |
+30,766
| New | +$2.1M |
|
|
RXII
2514
DELISTED
GALENA BIOPHARMA INC COM
RXII
| $1.85M | ﹤0.01% |
1,086,133
+240,987
| +29% | +$410K |
|
|
CZR
2515
DELISTED
Caesars Entertainment Corporation
CZR
| $1.85M | ﹤0.01% |
301,759
+13,509
| +5% | +$122K |
|
|
WSR
2516
DELISTED
Whitestone REIT
WSR
| $1.84M | ﹤0.01% |
141,535
+5,091
| +4% | +$74.1K |
|
2517
NACCO Industries
NC
$320M
| $1.84M | ﹤0.01% |
132,496
-1,108
| -0.8% | -$14.2K |
|
|
LMOS
2518
DELISTED
Lumos Networks Corp
LMOS
| $1.83M | ﹤0.01% |
123,951
+3,523
| +3% | +$52.1K |
|
|
POZN
2519
DELISTED
POZEN INC
POZN
| $1.83M | ﹤0.01% |
177,864
-45,139
| -20% | -$372K |
|
2520
Artivion
AORT
$1.32B
| $1.83M | ﹤0.01% |
162,249
+3,525
| +2% | +$37.5K |
|
2521
NMI Holdings
NMIH
$3.36B
| $1.83M | ﹤0.01% |
228,102
+10,040
| +5% | +$79.4K |
|
|
FLIC
2522
DELISTED
First of Long Island Corp
FLIC
| $1.82M | ﹤0.01% |
98,750
+2,949
| +3% | +$51.5K |
|
|
TDF
2523
Templeton Dragon Fund
TDF
$280M
| – | – |
0
| – | – |
|
|
BSTC
2524
DELISTED
BioSpecifics Technologies Corp.
BSTC
| $1.81M | ﹤0.01% |
35,069
+1,438
| +4% | +$61.3K |
|
|
PPBI
2525
DELISTED
Pacific Premier Bancorp
PPBI
| $1.81M | ﹤0.01% |
106,613
+21,674
| +26% | +$349K |
|
Similar funds
Geode Capital Management's Q2 2015 Portfolio in Review
As of Q2 2015, Geode Capital Management held 4,062 positions worth $175B, up 0.12% from $175B the previous quarter. Its ten largest holdings account for 15% of the portfolio.
Geode Capital Management's Q2 2015 filing shows 109 new, 2,831 increased, 660 reduced and 104 closed positions. Its largest new stake was Eversource Energy: 2,548,587 shares worth $116M. The largest sale was Allergan plc, an estimated $901M.
By sector, the portfolio is most concentrated in Financials at 15% of assets, up from 15% a quarter earlier, followed by Healthcare and Technology.
- Geode Capital Management's largest Q2 2015 buy was Eversource Energy: 2,548,587 shares worth $116M.
- Geode Capital Management added most to Reynolds American Inc in Q2 2015, an estimated $61.4M increase.
- Geode Capital Management's biggest Q2 2015 reduction was Apple, cutting an estimated $41.7M.
- Geode Capital Management fully exited Allergan plc in Q2 2015, selling an estimated $901M.
- Geode Capital Management's ten largest holdings make up 15% of its $175B portfolio in Q2 2015.
- Geode Capital Management opened 109 new positions and closed 104 in Q2 2015.
- Geode Capital Management's portfolio value rose 0.12% quarter-over-quarter to $175B.
Based on Geode Capital Management's 13F filing for Q2 2015, filed 14 Aug 2015.