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 | |
|---|---|---|---|---|---|---|
|
MPT
1051
Medical Properties Trust
MPT
$2.81B
| $16.5M | 0.01% |
1,260,216
+5,204
| +0.4% | +$72.6K |
|
1052
Telephone and Data Systems
TDS
$3.75B
| $16.4M | 0.01% |
558,196
+21,560
| +4% | +$619K |
|
1053
Cousins Properties
CUZ
$4.88B
| $16.4M | 0.01% |
559,965
+17,901
| +3% | +$515K |
|
1054
Delek US
DK
$3.58B
| $16.4M | 0.01% |
445,181
+9,287
| +2% | +$349K |
|
1055
U-Haul Holding Co
UHAL
$14.6B
| $16.4M | 0.01% |
500,870
-16,040
| -3% | -$524K |
|
1056
Viasat
VSAT
$11.1B
| $16.3M | 0.01% |
271,067
-18,267
| -6% | -$1.13M |
|
1057
KBR
KBR
$4.8B
| $16.3M | 0.01% |
838,323
+28,072
| +3% | +$503K |
|
1058
Viavi Solutions
VIAV
$9.66B
| $16.3M | 0.01% |
2,479,256
+101,644
| +4% | +$742K |
|
1059
Generac Holdings
GNRC
$12.5B
| $16.3M | 0.01% |
409,894
+10,557
| +3% | +$456K |
|
1060
Ciena
CIEN
$58.4B
| $16.3M | 0.01% |
687,690
+86,053
| +14% | +$1.97M |
|
|
VSTO
1061
DELISTED
Vista Outdoor Inc.
VSTO
| $16.2M | 0.01% |
+361,740
| New | +$16.3M |
|
|
AWAY
1062
DELISTED
HOMEAWAY INC COM
AWAY
| $16.2M | 0.01% |
521,853
+30,332
| +6% | +$904K |
|
1063
Valmont Industries
VMI
$9.53B
| $16.2M | 0.01% |
136,484
+4,682
| +4% | +$577K |
|
|
QEP
1064
DELISTED
QEP RESOURCES, INC.
QEP
| $16.2M | 0.01% |
875,250
-411,474
| -32% | -$8.44M |
|
|
WGL
1065
DELISTED
Wgl Holdings
WGL
| $16.2M | 0.01% |
298,073
+13,122
| +5% | +$734K |
|
|
BID
1066
DELISTED
Sotheby's
BID
| $16.2M | 0.01% |
357,602
+2,855
| +0.8% | +$126K |
|
1067
Celldex Therapeutics
CLDX
$3.27B
| $16.1M | 0.01% |
42,654
+2,141
| +5% | +$850K |
|
|
CVG
1068
DELISTED
Convergys
CVG
| $16.1M | 0.01% |
633,018
+55,353
| +10% | +$1.34M |
|
|
SUSQ
1069
DELISTED
SUSQUEHANNA BANCSHARES INC
SUSQ
| $16.1M | 0.01% |
1,142,692
+15,391
| +1% | +$214K |
|
1070
Clean Harbors
CLH
$16.3B
| $16.1M | 0.01% |
299,651
+14,237
| +5% | +$795K |
|
|
TCF
1071
DELISTED
TCF Financial Corporation
TCF
| $16.1M | 0.01% |
968,615
+50,029
| +5% | +$804K |
|
|
PTLA
1072
DELISTED
Portola Pharmaceuticals, Inc.
PTLA
| $16.1M | 0.01% |
352,648
+11,256
| +3% | +$453K |
|
|
RKT
1073
DELISTED
ROCK-TENN COMPANY CL-A
RKT
| $16.1M | 0.01% |
266,765
-554,040
| -67% | -$35M |
|
|
CVA
1074
DELISTED
Covanta Holding Corporation
CVA
| $16.1M | 0.01% |
757,648
+18,537
| +3% | +$405K |
|
1075
Sabre
SABR
$818M
| $16M | 0.01% |
671,978
+221,307
| +49% | +$5.58M |
|
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.