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 | |
|---|---|---|---|---|---|---|
1026
Credit Acceptance
CACC
$6.08B
| $16.9M | 0.01% |
68,813
+711
| +1% | +$157K |
|
|
HR
1027
DELISTED
Healthcare Realty Trust Incorporated
HR
| $16.9M | 0.01% |
728,057
+23,503
| +3% | +$588K |
|
1028
Murphy USA
MUSA
$9.61B
| $16.9M | 0.01% |
302,946
-7,585
| -2% | -$476K |
|
|
WCC
1029
WESCO International
WCC
$17.7B
| $16.9M | 0.01% |
246,333
-18,405
| -7% | -$1.32M |
|
|
INFN
1030
DELISTED
Infinera Corporation Common Stock
INFN
| $16.9M | 0.01% |
805,342
+43,739
| +6% | +$889K |
|
1031
Fair Isaac
FICO
$22.5B
| $16.9M | 0.01% |
186,004
+1,606
| +0.9% | +$144K |
|
1032
COPT Defense Properties
CDP
$4.21B
| $16.9M | 0.01% |
717,273
+74,045
| +12% | +$1.97M |
|
1033
Adeia
ADEA
$3.11B
| $16.9M | 0.01% |
1,679,102
+87,979
| +6% | +$902K |
|
1034
Energizer
ENR
$1.55B
| $16.8M | 0.01% |
+356,147
| New | +$12.1M |
|
1035
Patterson-UTI
PTEN
$3.76B
| $16.8M | 0.01% |
893,674
+61,796
| +7% | +$1.28M |
|
1036
Axalta
AXTA
$8.17B
| $16.8M | 0.01% |
507,929
+221,770
| +77% | +$7.32M |
|
1037
Helen of Troy
HELE
$693M
| $16.7M | 0.01% |
171,783
+3,529
| +2% | +$310K |
|
|
CST
1038
DELISTED
CST Brands, Inc.
CST
| $16.7M | 0.01% |
428,452
+18,852
| +5% | +$785K |
|
|
PNY
1039
DELISTED
PIEDMONT NATURAL GAS CO INC(NC
PNY
| $16.7M | 0.01% |
473,524
+20,925
| +5% | +$771K |
|
1040
Pacira BioSciences
PCRX
$997M
| $16.7M | 0.01% |
236,263
+8,064
| +4% | +$635K |
|
1041
HNI Corp
HNI
$3.59B
| $16.7M | 0.01% |
326,513
+14,611
| +5% | +$754K |
|
1042
Graham Holdings Company
GHC
$5.02B
| $16.7M | 0.01% |
42,548
+1,696
| +4% | +$1.07M |
|
|
CLVS
1043
DELISTED
Clovis Oncology, Inc.
CLVS
| $16.7M | 0.01% |
189,899
+6,549
| +4% | +$561K |
|
|
SLH
1044
DELISTED
SOLERA HOLDINGS, INC. COM
SLH
| $16.7M | 0.01% |
373,995
+14,268
| +4% | +$703K |
|
1045
United Bankshares
UBSI
$6.62B
| $16.7M | 0.01% |
414,035
+5,254
| +1% | +$201K |
|
1046
Blackbaud
BLKB
$2.08B
| $16.6M | 0.01% |
291,058
+12,502
| +4% | +$653K |
|
|
TIME
1047
DELISTED
Time Inc.
TIME
| $16.6M | 0.01% |
719,899
+57,223
| +9% | +$1.31M |
|
1048
Kite Realty
KRG
$5.36B
| $16.6M | 0.01% |
676,870
+128,034
| +23% | +$3.45M |
|
|
MASI
1049
DELISTED
Masimo
MASI
| $16.6M | 0.01% |
427,313
+11,565
| +3% | +$414K |
|
|
MENT
1050
DELISTED
Mentor Graphics Corp
MENT
| $16.5M | 0.01% |
625,204
+42,115
| +7% | +$1.07M |
|
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.