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 | |
|---|---|---|---|---|---|---|
1076
Nu Skin
NUS
$267M
| $16M | 0.01% |
339,288
+21,469
| +7% | +$1.16M |
|
|
PPO
1077
DELISTED
POLYPORE INTERNATIONAL, INC
PPO
| $16M | 0.01% |
266,653
+10,144
| +4% | +$602K |
|
|
CTB
1078
DELISTED
Cooper Tire & Rubber Co.
CTB
| $15.9M | 0.01% |
470,014
+747
| +0.2% | +$28.7K |
|
|
P
1079
DELISTED
Pandora Media Inc
P
| $15.9M | 0.01% |
1,023,158
+51,439
| +5% | +$903K |
|
1080
Acadia Realty Trust
AKR
$2.84B
| $15.9M | 0.01% |
545,900
+40,866
| +8% | +$1.29M |
|
1081
Rollins
ROL
$18.2B
| $15.8M | 0.01% |
1,247,578
+31,856
| +3% | +$359K |
|
1082
Cheesecake Factory
CAKE
$5.33B
| $15.7M | 0.01% |
288,590
+6,060
| +2% | +$313K |
|
1083
Manitowoc
MTW
$675M
| $15.7M | 0.01% |
884,599
+83,640
| +10% | +$1.53M |
|
1084
Steven Madden
SHOO
$3.55B
| $15.7M | 0.01% |
550,055
+11,621
| +2% | +$306K |
|
1085
Kennametal
KMT
$2.52B
| $15.7M | 0.01% |
459,638
+23,397
| +5% | +$839K |
|
|
PLCM
1086
DELISTED
POLYCOM INC
PLCM
| $15.7M | 0.01% |
1,370,412
+406,562
| +42% | +$5.31M |
|
1087
TD Synnex
SNX
$20.2B
| $15.7M | 0.01% |
427,904
+12,134
| +3% | +$482K |
|
1088
Timken Company
TKR
$9.03B
| $15.6M | 0.01% |
426,913
+24,174
| +6% | +$964K |
|
|
CVSA
1089
Covista Inc
CVSA
$4.8B
| $15.6M | 0.01% |
520,102
+54,814
| +12% | +$1.81M |
|
1090
First Industrial Realty Trust
FR
$8.44B
| $15.6M | 0.01% |
832,253
+19,814
| +2% | +$396K |
|
|
ABMD
1091
DELISTED
Abiomed Inc
ABMD
| $15.6M | 0.01% |
236,802
+11,126
| +5% | +$739K |
|
|
AVP
1092
DELISTED
Avon Products, Inc.
AVP
| $15.5M | 0.01% |
2,483,878
+38,644
| +2% | +$287K |
|
|
HAWK
1093
DELISTED
Blackhawk Network Holdings, Inc. Common Stock
HAWK
| $15.5M | 0.01% |
376,794
+5,883
| +2% | +$219K |
|
1094
Myriad Genetics
MYGN
$312M
| $15.5M | 0.01% |
456,069
+54,590
| +14% | +$1.86M |
|
1095
New Jersey Resources
NJR
$5.58B
| $15.5M | 0.01% |
561,245
+34,179
| +6% | +$1.02M |
|
|
LXK
1096
DELISTED
Lexmark Intl Inc
LXK
| $15.4M | 0.01% |
349,448
-46,274
| -12% | -$2.05M |
|
1097
Asbury Automotive
ABG
$3.85B
| $15.4M | 0.01% |
170,329
-8,257
| -5% | -$717K |
|
1098
Cathay General Bancorp
CATY
$4.24B
| $15.4M | 0.01% |
475,220
+3,685
| +0.8% | +$111K |
|
|
IRDMB
1099
DELISTED
Iridium Communications Inc - 6.75% Series B
IRDMB
| – | – |
0
| – | – |
|
|
UIL
1100
DELISTED
UIL HOLDINGS
UIL
| $15.4M | 0.01% |
335,860
+12,690
| +4% | +$630K |
|
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.