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 | |
|---|---|---|---|---|---|---|
|
TEI
2551
Templeton Emerging Markets Income Fund
TEI
$321M
| – | – |
0
| – | – |
|
2552
Prudential
PUK
$35.2B
| $1.75M | ﹤0.01% |
37,202
+6,434
| +21% | +$312K |
|
|
VIVS
2553
VivoSim Labs
VIVS
$1.64M
| $1.75M | ﹤0.01% |
1,929
+207
| +12% | +$232K |
|
2554
First Community Bankshares
FCBC
$911M
| $1.74M | ﹤0.01% |
95,609
+5,824
| +6% | +$101K |
|
|
AFOP
2555
DELISTED
Alliance Fiber Optic Prod Inc
AFOP
| $1.74M | ﹤0.01% |
93,892
+7,749
| +9% | +$149K |
|
|
TAHO
2556
DELISTED
Tahoe Resources Inc
TAHO
| $1.74M | ﹤0.01% |
143,186
+93,192
| +186% | +$1.24M |
|
|
BMCH
2557
DELISTED
BMC Stock Holdings, Inc
BMCH
| $1.73M | ﹤0.01% |
88,706
+434
| +0.5% | +$8.13K |
|
|
MRLN
2558
DELISTED
Marlin Business Services Corp
MRLN
| $1.73M | ﹤0.01% |
102,687
+11,434
| +13% | +$217K |
|
|
INFO
2559
DELISTED
IHS Markit Ltd. Common Shares
INFO
| $1.73M | ﹤0.01% |
67,699
+3,835
| +6% | +$101K |
|
2560
Calix
CALX
$2.39B
| $1.73M | ﹤0.01% |
227,016
+65
| +0% | +$530 |
|
|
GLF
2561
DELISTED
GulfMark Offshore, Inc. Common Stock
GLF
| $1.73M | ﹤0.01% |
148,747
| – | – |
|
2562
Utah Medical Products
UTMD
$225M
| $1.72M | ﹤0.01% |
28,907
+254
| +0.9% | +$14.3K |
|
2563
Vera Bradley
VRA
$98.7M
| $1.71M | ﹤0.01% |
151,942
+7,984
| +6% | +$108K |
|
2564
LGI Homes
LGIH
$1.4B
| $1.71M | ﹤0.01% |
86,492
+1,722
| +2% | +$30.9K |
|
|
FRM
2565
DELISTED
FURMANITE CORPORATION COM
FRM
| $1.71M | ﹤0.01% |
210,207
-10,530
| -5% | -$86.5K |
|
2566
Adams Diversified Equity Fund
ADX
$3.2B
| – | – |
0
| – | – |
|
|
TRUE
2567
DELISTED
TrueCar
TRUE
| $1.7M | ﹤0.01% |
141,616
+40,700
| +40% | +$586K |
|
2568
AstraZeneca
AZN
$250B
| $1.69M | ﹤0.01% |
26,515
-3,908
| -13% | -$268K |
|
2569
VSE Corp
VSEC
$6.12B
| $1.69M | ﹤0.01% |
63,194
-5,000
| -7% | -$166K |
|
2570
FreightCar America
RAIL
$260M
| $1.69M | ﹤0.01% |
80,764
+274
| +0.3% | +$6.97K |
|
|
CPRX
2571
DELISTED
Catalyst Pharmaceutical
CPRX
| $1.68M | ﹤0.01% |
407,987
+55,139
| +16% | +$220K |
|
2572
Methanex
MEOH
$4.12B
| $1.68M | ﹤0.01% |
30,134
+636
| +2% | +$35.9K |
|
|
TSE
2573
DELISTED
Trinseo
TSE
| $1.67M | ﹤0.01% |
62,255
+3,276
| +6% | +$83.8K |
|
|
AERI
2574
DELISTED
Aerie Pharmaceuticals
AERI
| $1.66M | ﹤0.01% |
94,196
+10,508
| +13% | +$193K |
|
|
PN
2575
DELISTED
Patriot National, Inc.
PN
| $1.66M | ﹤0.01% |
+103,708
| New | +$1.58M |
|
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.