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 | |
|---|---|---|---|---|---|---|---|
376
J.M. Smucker
SJM
$13.6B
| $85.5M | 0.05% |
790,198
-16,164
| -2% | -$1.87M |
2013 Q2
8 quarters
|
|
377
DELISTED
CAMERON INTERNATIONAL CORPORATION
CAM
| $85.5M | 0.05% |
1,635,068
+93,181
| +6% | +$4.83M |
2013 Q2
8 quarters
|
|
|
LLTC
378
DELISTED
Linear Technology Corp
LLTC
| $84.6M | 0.05% |
1,916,600
+9,184
| +0.5% | +$427K |
2013 Q2
8 quarters
|
|
379
DELISTED
Sealed Air
SEE
| $84.5M | 0.05% |
1,648,652
+45,312
| +3% | +$2.18M |
2013 Q2
8 quarters
|
|
380
McCormick & Company Non-Voting
MKC
$12.5B
| $84.4M | 0.05% |
2,088,940
+111,252
| +6% | +$4.33M |
2013 Q2
8 quarters
|
|
381
Charter Communications
CHTR
$12.6B
| $83.3M | 0.05% |
486,970
+16,802
| +4% | +$3.02M |
2013 Q2
8 quarters
|
|
382
Bunge Global
BG
$20.4B
| $82.6M | 0.05% |
940,979
+112,597
| +14% | +$10M |
2013 Q2
8 quarters
|
|
383
DELISTED
CA, Inc.
CA
| $82.6M | 0.05% |
2,823,564
+44,911
| +2% | +$1.4M |
2013 Q2
8 quarters
|
|
|
DISH
384
DELISTED
DISH Network Corp.
DISH
| $82.3M | 0.05% |
1,215,938
+3,221
| +0.3% | +$225K |
2013 Q2
8 quarters
|
|
385
Waters Corp
WAT
$42.9B
| $81.8M | 0.05% |
638,751
+5,297
| +0.8% | +$687K |
2013 Q2
8 quarters
|
|
386
Republic Services
RSG
$70.9B
| $81.7M | 0.05% |
2,088,605
+99,420
| +5% | +$4M |
2013 Q2
8 quarters
|
|
387
CBRE Group
CBRE
$38.5B
| $81.6M | 0.05% |
2,210,069
-29,182
| -1% | -$1.11M |
2013 Q2
8 quarters
|
|
|
XEC
388
DELISTED
CIMAREX ENERGY CO
XEC
| $81.4M | 0.05% |
739,564
+48,810
| +7% | +$5.83M |
2013 Q2
8 quarters
|
|
389
Realty Income
O
$53.1B
| $81.1M | 0.05% |
1,889,045
+619,178
| +49% | +$28.3M |
2013 Q2
8 quarters
|
|
390
DELISTED
Nordstrom
JWN
| $80.6M | 0.05% |
1,083,671
+9,337
| +0.9% | +$710K |
2013 Q2
8 quarters
|
|
391
DELISTED
Staples Inc
SPLS
| $80.5M | 0.05% |
5,266,405
+18,729
| +0.4% | +$305K |
2013 Q2
8 quarters
|
|
392
DELISTED
Juniper Networks
JNPR
| $80.2M | 0.05% |
3,092,053
-76,635
| -2% | -$2.01M |
2013 Q2
8 quarters
|
|
393
TechnipFMC
FTI
$27.3B
| $80.2M | 0.05% |
2,601,350
+52,955
| +2% | +$1.63M |
2013 Q2
8 quarters
|
|
|
TIF
394
DELISTED
Tiffany & Co.
TIF
| $79.5M | 0.05% |
867,374
+8,659
| +1% | +$775K |
2013 Q2
8 quarters
|
|
|
KSU
395
DELISTED
Kansas City Southern
KSU
| $79.4M | 0.05% |
872,066
+21,101
| +2% | +$2.08M |
2013 Q2
8 quarters
|
|
|
CXO
396
DELISTED
CONCHO RESOURCES INC.
CXO
| $78.5M | 0.04% |
690,068
+63,140
| +10% | +$7.65M |
2013 Q2
8 quarters
|
|
|
QVCGA
397
DELISTED
QVC Group Inc Series A
QVCGA
| $78.5M | 0.04% |
58,289
+4,763
| +9% | +$6.63M |
2013 Q2
8 quarters
|
|
398
Travel + Leisure Co
TNL
$3.96B
| $78.4M | 0.04% |
2,124,269
-7,715
| -0.4% | -$302K |
2013 Q2
8 quarters
|
|
399
Hilton Worldwide
HLT
$77.7B
| $78.4M | 0.04% |
949,066
+258,938
| +38% | +$22.7M |
2014 Q1
5 quarters
|
|
400
TripAdvisor
TRIP
$1.09B
| $78.2M | 0.04% |
899,394
+9,127
| +1% | +$742K |
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.