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 | |
|---|---|---|---|---|---|---|
526
Wabtec
WAB
$49.8B
| $49.8M | 0.03% |
528,496
+7,640
| +1% | +$750K |
|
527
Everest Group
EG
$14.2B
| $49.6M | 0.03% |
272,888
+26,926
| +11% | +$4.9M |
|
|
IHS
528
DELISTED
IHS INC CL-A COM STK
IHS
| $49.5M | 0.03% |
385,176
+17,525
| +5% | +$2.19M |
|
529
Nasdaq
NDAQ
$52.3B
| $48.2M | 0.03% |
2,969,256
+38,286
| +1% | +$642K |
|
|
ADT
530
DELISTED
ADT Corp
ADT
| $47.9M | 0.03% |
1,428,975
-56,528
| -4% | -$2.15M |
|
|
FRC
531
DELISTED
First Republic Bank
FRC
| $47.8M | 0.03% |
758,754
+40,674
| +6% | +$2.46M |
|
|
GAS
532
DELISTED
AGL Resources Inc
GAS
| $47.7M | 0.03% |
1,026,329
+39,784
| +4% | +$1.96M |
|
533
Cooper Companies
COO
$14.5B
| $47.6M | 0.03% |
1,070,976
+46,696
| +5% | +$2.1M |
|
534
Quanta Services
PWR
$102B
| $47.6M | 0.03% |
1,653,445
-4,663
| -0.3% | -$136K |
|
|
SUNE
535
DELISTED
SUNEDISON, INC COM
SUNE
| $47.3M | 0.03% |
1,580,870
+192,740
| +14% | +$5.49M |
|
536
Camden Property Trust
CPT
$11.1B
| $47.1M | 0.03% |
634,379
+27,223
| +4% | +$2.06M |
|
537
Citizens Financial Group
CFG
$30.8B
| $47M | 0.03% |
1,723,201
+1,619,806
| +1,567% | +$42.9M |
|
|
FTR
538
DELISTED
Frontier Communications Corp.
FTR
| $46.8M | 0.03% |
631,391
+84,223
| +15% | +$7.51M |
|
539
Avery Dennison
AVY
$13.1B
| $46.6M | 0.03% |
766,152
+45,777
| +6% | +$2.66M |
|
540
Revvity
RVTY
$12.6B
| $46.4M | 0.03% |
883,522
-338
| -0% | -$17.6K |
|
541
Raymond James Financial
RJF
$34.4B
| $46.3M | 0.03% |
1,166,552
+27,056
| +2% | +$1.05M |
|
|
WWAV
542
DELISTED
The WhiteWave Foods Company
WWAV
| $46.3M | 0.03% |
947,160
+36,258
| +4% | +$1.7M |
|
|
CHK
543
DELISTED
Chesapeake Energy Corporation
CHK
| $46.2M | 0.03% |
20,741
+515
| +3% | +$1.45M |
|
544
Norwegian Cruise Line
NCLH
$9.09B
| $46.2M | 0.03% |
825,108
+232,620
| +39% | +$12.5M |
|
|
NFX
545
DELISTED
Newfield Exploration
NFX
| $46.2M | 0.03% |
1,281,135
+18,207
| +1% | +$677K |
|
|
DRE
546
DELISTED
Duke Realty Corp.
DRE
| $46M | 0.03% |
2,480,344
+80,685
| +3% | +$1.6M |
|
|
CIT
547
DELISTED
CIT Group Inc.
CIT
| $46M | 0.03% |
990,796
+3,698
| +0.4% | +$172K |
|
|
GRMN
548
Garmin
GRMN
$58.6B
| $45.9M | 0.03% |
1,046,154
+36,944
| +4% | +$1.7M |
|
|
FLG
549
Flagstar Bank National Association
FLG
$5.96B
| $45.8M | 0.03% |
831,563
+40,184
| +5% | +$2.12M |
|
550
SEI Investments
SEIC
$12.5B
| $45.8M | 0.03% |
935,022
+23,122
| +3% | +$1.09M |
|
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.