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 | |
|---|---|---|---|---|---|---|---|
76
DuPont de Nemours
DD
$17.6B
| $462M | 0.26% |
3,570,533
-27,949
| -0.8% | -$3.62M |
2013 Q2
8 quarters
|
|
|
TFCFA
77
DELISTED
Twenty-First Century Fox, Inc. Class A
TFCFA
| $460M | 0.26% |
14,149,090
-628,728
| -4% | -$21.1M |
2013 Q3
7 quarters
|
|
78
HP
HPQ
$27.2B
| $450M | 0.26% |
33,094,679
-238,655
| -0.7% | -$3.54M |
2013 Q2
8 quarters
|
|
79
Colgate-Palmolive
CL
$70.4B
| $439M | 0.25% |
6,718,447
-25,246
| -0.4% | -$1.71M |
2013 Q2
8 quarters
|
|
80
Target
TGT
$69.8B
| $438M | 0.25% |
5,379,100
+50,319
| +0.9% | +$4.07M |
2013 Q2
8 quarters
|
|
81
Texas Instruments
TXN
$259B
| $434M | 0.25% |
8,448,394
-41,861
| -0.5% | -$2.31M |
2013 Q2
8 quarters
|
|
|
82
DELISTED
Du Pont De Nemours E I
DD
| $433M | 0.25% |
7,522,526
+101,891
| +1% | +$6.86M |
2013 Q2
8 quarters
|
|
83
Danaher
DHR
$155B
| $411M | 0.23% |
7,163,823
-19,556
| -0.3% | -$1.12M |
2013 Q2
8 quarters
|
|
84
DELISTED
EMC CORPORATION
EMC
| $411M | 0.23% |
15,586,157
-389,146
| -2% | -$10.4M |
2013 Q2
8 quarters
|
|
85
Caterpillar
CAT
$368B
| $408M | 0.23% |
4,820,113
-65,263
| -1% | -$5.61M |
2013 Q2
8 quarters
|
|
86
Capital One
COF
$122B
| $400M | 0.23% |
4,553,577
-20,675
| -0.5% | -$1.74M |
2013 Q2
8 quarters
|
|
|
MON
87
DELISTED
Monsanto Co
MON
| $399M | 0.23% |
3,754,912
+926
| +0% | +$107K |
2013 Q2
8 quarters
|
|
88
McKesson
MCK
$109B
| $396M | 0.23% |
1,765,553
+28,448
| +2% | +$6.58M |
2013 Q2
8 quarters
|
|
89
Lockheed Martin
LMT
$118B
| $396M | 0.23% |
2,133,787
+24,236
| +1% | +$4.67M |
2013 Q2
8 quarters
|
|
90
Thermo Fisher Scientific
TMO
$243B
| $394M | 0.22% |
3,042,605
+22,784
| +0.8% | +$2.97M |
2013 Q2
8 quarters
|
|
|
KRFT
91
DELISTED
KRAFT FOODS GROUP INC COM STK (VA)
KRFT
| $394M | 0.22% |
4,632,062
+45,917
| +1% | +$3.95M |
2013 Q2
8 quarters
|
|
92
Duke Energy
DUK
$91B
| $391M | 0.22% |
5,542,710
+87,963
| +2% | +$6.65M |
2013 Q2
8 quarters
|
|
93
PNC Financial Services
PNC
$87.5B
| $382M | 0.22% |
4,006,389
-13,417
| -0.3% | -$1.27M |
2013 Q2
8 quarters
|
|
|
TWC
94
DELISTED
TIME WARNER CABLE INC NEW COM STK
TWC
| $381M | 0.22% |
2,140,144
+27,139
| +1% | +$4.5M |
2013 Q2
8 quarters
|
|
95
Bank of New York Mellon
BNY
$96.8B
| $373M | 0.21% |
8,913,921
-16,939
| -0.2% | -$722K |
2013 Q2
8 quarters
|
|
96
EOG Resources
EOG
$77.7B
| $368M | 0.21% |
4,211,789
+121,641
| +3% | +$11.2M |
2013 Q2
8 quarters
|
|
|
DTV
97
DELISTED
DIRECTV COM STK (DE)
DTV
| $366M | 0.21% |
3,955,427
+21,275
| +0.5% | +$1.92M |
2013 Q2
8 quarters
|
|
98
FedEx
FDX
$69B
| $366M | 0.21% |
2,150,632
-27,651
| -1% | -$4.81M |
2013 Q2
8 quarters
|
|
99
General Motors
GM
$72.6B
| $365M | 0.21% |
10,958,880
-117,883
| -1% | -$4.2M |
2013 Q2
8 quarters
|
|
100
General Dynamics
GD
$89.6B
| $364M | 0.21% |
2,576,797
-24,989
| -1% | -$3.47M |
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.