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 | |
|---|---|---|---|---|---|---|
1151
First Citizens BancShares
FCNCA
$25.3B
| $14.5M | 0.01% |
55,217
+54
| +0.1% | +$13.4K |
|
|
NUVA
1152
DELISTED
NuVasive, Inc.
NUVA
| $14.5M | 0.01% |
306,408
+19,666
| +7% | +$919K |
|
1153
Interactive Brokers
IBKR
$39.8B
| $14.5M | 0.01% |
1,396,304
+67,296
| +5% | +$611K |
|
1154
Terex
TEX
$7.74B
| $14.5M | 0.01% |
623,156
+43,398
| +7% | +$1.14M |
|
|
NSR
1155
DELISTED
Neustar Inc
NSR
| $14.4M | 0.01% |
494,338
+60,285
| +14% | +$1.7M |
|
1156
ONE Gas
OGS
$5.04B
| $14.4M | 0.01% |
339,246
+20,784
| +7% | +$887K |
|
|
CRZO
1157
DELISTED
Carrizo Oil & Gas Inc
CRZO
| $14.4M | 0.01% |
292,418
+7,116
| +2% | +$371K |
|
|
TERP
1158
DELISTED
TerraForm Power, Inc
TERP
| $14.4M | 0.01% |
378,408
+191,307
| +102% | +$7.55M |
|
1159
Papa John's
PZZA
$806M
| $14.3M | 0.01% |
189,644
+5,151
| +3% | +$344K |
|
|
DWRE
1160
DELISTED
DEMANDWARE INC COM STK (DE)
DWRE
| $14.3M | 0.01% |
201,626
+22,788
| +13% | +$1.47M |
|
1161
Unifirst Corp
UNF
$5.25B
| $14.3M | 0.01% |
127,906
-4,448
| -3% | -$517K |
|
1162
Darling Ingredients
DAR
$9.44B
| $14.3M | 0.01% |
974,781
+31,558
| +3% | +$465K |
|
|
ANN
1163
DELISTED
ANN INC
ANN
| $14.3M | 0.01% |
295,403
+38,220
| +15% | +$1.65M |
|
1164
Take-Two Interactive
TTWO
$46.1B
| $14.3M | 0.01% |
517,222
+16,611
| +3% | +$437K |
|
1165
EPAM Systems
EPAM
$5.03B
| $14.3M | 0.01% |
200,173
+12,945
| +7% | +$887K |
|
1166
Selective Insurance
SIGI
$5.73B
| $14.2M | 0.01% |
507,184
+18,665
| +4% | +$519K |
|
1167
First Financial Bankshares
FFIN
$4.97B
| $14.2M | 0.01% |
821,136
+23,156
| +3% | +$353K |
|
|
LTRPA
1168
DELISTED
Liberty TripAdvisor Holdings, Inc. Series A
LTRPA
| $14.2M | 0.01% |
440,627
+42,391
| +11% | +$1.29M |
|
1169
Louisiana-Pacific
LPX
$5.49B
| $14.2M | 0.01% |
832,807
+22,265
| +3% | +$378K |
|
1170
Urban Edge Properties
UE
$2.73B
| $14.1M | 0.01% |
+680,087
| New | +$15.3M |
|
|
AAWW
1171
DELISTED
Atlas Air Worldwide Holdings, Inc.
AAWW
| $14.1M | 0.01% |
256,656
+101,750
| +66% | +$5.26M |
|
1172
PBF Energy
PBF
$7.31B
| $14.1M | 0.01% |
496,241
+18,232
| +4% | +$513K |
|
1173
Silgan Holdings
SLGN
$4.41B
| $14.1M | 0.01% |
533,270
+16,968
| +3% | +$470K |
|
1174
Littelfuse
LFUS
$11.6B
| $14.1M | 0.01% |
148,203
+7,514
| +5% | +$734K |
|
|
PFPT
1175
DELISTED
Proofpoint, Inc.
PFPT
| $14M | 0.01% |
220,278
+8,751
| +4% | +$515K |
|
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.