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 | |
|---|---|---|---|---|---|---|
676
W.R. Berkley
WRB
$26.8B
| $32.4M | 0.02% |
2,104,178
+183,641
| +10% | +$2.74M |
|
677
Service Corp International
SCI
$11.6B
| $32.3M | 0.02% |
1,095,877
+11,365
| +1% | +$322K |
|
|
DST
678
DELISTED
DST Systems Inc.
DST
| $32.2M | 0.02% |
511,766
+7,342
| +1% | +$435K |
|
679
Teleflex
TFX
$6.15B
| $32.1M | 0.02% |
237,193
-3,886
| -2% | -$494K |
|
|
TMH
680
DELISTED
Team Health Holdings Inc
TMH
| $32.1M | 0.02% |
491,217
+25,834
| +6% | +$1.56M |
|
681
IQVIA
IQV
$38.3B
| $32M | 0.02% |
441,179
+68,695
| +18% | +$4.71M |
|
|
MFA
682
MFA Financial
MFA
$919M
| $31.8M | 0.02% |
1,076,404
+93,977
| +10% | +$2.95M |
|
|
HDS
683
DELISTED
HD Supply Holdings, Inc.
HDS
| $31.8M | 0.02% |
904,159
+64,271
| +8% | +$2.14M |
|
684
Starwood Property Trust
STWD
$5.91B
| $31.6M | 0.02% |
1,464,688
+172,143
| +13% | +$4.08M |
|
|
AZPN
685
DELISTED
ASPEN TECHNOLOGY INC
AZPN
| $31.5M | 0.02% |
692,034
-50,916
| -7% | -$2.32M |
|
686
Dana Inc
DAN
$2.94B
| $31.4M | 0.02% |
1,527,649
+9,221
| +0.6% | +$199K |
|
|
HME
687
DELISTED
HOME PROPERTIES, INC
HME
| $31.4M | 0.02% |
430,328
-8,442
| -2% | -$613K |
|
|
DNKN
688
DELISTED
Dunkin' Brands Group, Inc.
DNKN
| $31.2M | 0.02% |
568,153
+4,612
| +0.8% | +$239K |
|
689
Carter's
CRI
$1.48B
| $30.7M | 0.02% |
289,272
+6,877
| +2% | +$690K |
|
690
Arrow Electronics
ARW
$11.4B
| $30.7M | 0.02% |
550,752
+13,758
| +3% | +$836K |
|
691
American Financial Group
AFG
$12.2B
| $30.5M | 0.02% |
469,101
+793
| +0.2% | +$51.2K |
|
|
BLUE
692
DELISTED
bluebird bio
BLUE
| $30.5M | 0.02% |
13,972
-857
| -6% | -$1.75M |
|
693
Keysight
KEYS
$57.6B
| $30.5M | 0.02% |
976,943
+20,575
| +2% | +$703K |
|
|
EGN
694
DELISTED
Energen
EGN
| $30.4M | 0.02% |
446,020
+46,832
| +12% | +$3.26M |
|
|
WP
695
DELISTED
Worldpay, Inc.
WP
| $30.3M | 0.02% |
794,658
+38,681
| +5% | +$1.53M |
|
696
Lincoln Electric
LECO
$15.2B
| $30.3M | 0.02% |
497,977
+7,869
| +2% | +$521K |
|
|
LVNTA
697
DELISTED
Liberty Interactive Corporation Series A Liberty Ventures
LVNTA
| $30.3M | 0.02% |
771,080
-1,491
| -0.2% | -$62.6K |
|
698
Encompass Health
EHC
$12.4B
| $30.2M | 0.02% |
823,607
+69,076
| +9% | +$2.46M |
|
699
Atmos Energy
ATO
$28.7B
| $30.1M | 0.02% |
587,847
+33,462
| +6% | +$1.79M |
|
700
ON Semiconductor
ON
$18.6B
| $30.1M | 0.02% |
2,574,155
+84,296
| +3% | +$1.03M |
|
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.