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 |
TEGNA Inc
TGNA
|
+$66M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 15.43% |
| 2 | Healthcare | 15.33% |
| 3 | Technology | 14.87% |
| 4 | Industrials | 10.5% |
| 5 | Consumer Discretionary | 9.22% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
301
Agilent Technologies
A
$48.6B
| $113M | 0.06% |
2,939,282
+235,301
| +9% | +$9.77M |
2013 Q2
8 quarters
|
|
|
WFM
302
DELISTED
Whole Foods Market Inc
WFM
| $113M | 0.06% |
2,874,269
-57,925
| -2% | -$2.59M |
2013 Q2
8 quarters
|
|
303
Principal Financial Group
PFG
$23.3B
| $111M | 0.06% |
2,176,791
+14,081
| +0.7% | +$731K |
2013 Q2
8 quarters
|
|
304
Nucor
NUE
$58.5B
| $111M | 0.06% |
2,521,042
+7,587
| +0.3% | +$364K |
2013 Q2
8 quarters
|
|
305
DaVita
DVA
$12B
| $111M | 0.06% |
1,396,442
+44,924
| +3% | +$3.69M |
2013 Q2
8 quarters
|
|
|
RHT
306
DELISTED
Red Hat Inc
RHT
| $110M | 0.06% |
1,445,594
+39,011
| +3% | +$3M |
2013 Q2
8 quarters
|
|
|
MWV
307
DELISTED
MEADWESTVACO CORP
MWV
| $109M | 0.06% |
2,316,276
+986,818
| +74% | +$48.4M |
2013 Q2
8 quarters
|
|
308
W.W. Grainger
GWW
$62.3B
| $109M | 0.06% |
461,075
+4,303
| +0.9% | +$1.04M |
2013 Q2
8 quarters
|
|
309
Lam Research
LRCX
$335B
| $109M | 0.06% |
13,382,040
+433,950
| +3% | +$3.41M |
2013 Q2
8 quarters
|
|
310
FirstEnergy
FE
$26.7B
| $108M | 0.06% |
3,330,980
-4,969
| -0.1% | -$174K |
2013 Q2
8 quarters
|
|
311
Under Armour
UAA
$2.06B
| $108M | 0.06% |
2,594,570
+45,972
| +2% | +$1.86M |
2013 Q2
8 quarters
|
|
312
Alcoa
AA
$11B
| $108M | 0.06% |
4,030,351
-69,348
| -2% | -$2.15M |
2013 Q2
8 quarters
|
|
|
MNK
313
DELISTED
MALLINCKRODT PUBLIC LIMITED COMPANY
MNK
| $107M | 0.06% |
915,006
+19,561
| +2% | +$2.41M |
2013 Q3
7 quarters
|
|
314
Whirlpool
WHR
$1.83B
| $107M | 0.06% |
622,070
+7,652
| +1% | +$1.44M |
2013 Q2
8 quarters
|
|
315
DTE Energy
DTE
$27B
| $107M | 0.06% |
1,683,252
+16,231
| +1% | +$1.09M |
2013 Q2
8 quarters
|
|
|
HOT
316
DELISTED
STARWOOD HOTELS & RESORTS WORLDWIDE, INC.
HOT
| $106M | 0.06% |
1,311,194
-32,249
| -2% | -$2.7M |
2013 Q2
8 quarters
|
|
317
CarMax
KMX
$7.5B
| $106M | 0.06% |
1,605,156
-25,508
| -2% | -$1.82M |
2013 Q2
8 quarters
|
|
318
Universal Health Services
UHS
$10.9B
| $106M | 0.06% |
747,534
+16,338
| +2% | +$2.05M |
2013 Q2
8 quarters
|
|
|
BCR
319
DELISTED
CR Bard Inc.
BCR
| $106M | 0.06% |
620,508
+16,357
| +3% | +$2.79M |
2013 Q2
8 quarters
|
|
|
TWTR
320
DELISTED
Twitter, Inc.
TWTR
| $106M | 0.06% |
2,920,160
+197,079
| +7% | +$8.06M |
2013 Q4
6 quarters
|
|
321
Genuine Parts
GPC
$18.4B
| $105M | 0.06% |
1,179,888
+8,093
| +0.7% | +$745K |
2013 Q2
8 quarters
|
|
322
Macerich
MAC
$6.53B
| $104M | 0.06% |
1,401,717
+42,766
| +3% | +$3.47M |
2013 Q2
8 quarters
|
|
323
KeyCorp
KEY
$21.3B
| $104M | 0.06% |
6,945,282
-46,075
| -0.7% | -$679K |
2013 Q2
8 quarters
|
|
324
DELISTED
PALL CORP
PLL
| $104M | 0.06% |
834,819
+19,493
| +2% | +$2.2M |
2013 Q2
8 quarters
|
|
325
Tyson Foods
TSN
$19.3B
| $104M | 0.06% |
2,434,522
-30,050
| -1% | -$1.23M |
2013 Q2
8 quarters
|
|
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.