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 | |
|---|---|---|---|---|---|---|
1326
Teva Pharmaceuticals
TEVA
$41.2B
| $11.2M | 0.01% |
188,932
+11,221
| +6% | +$692K |
|
|
LNCE
1327
DELISTED
Snyders-Lance, Inc.
LNCE
| $11.1M | 0.01% |
345,237
+17,150
| +5% | +$529K |
|
|
AVNS
1328
DELISTED
Avanos Medical
AVNS
| $11.1M | 0.01% |
275,042
+27,157
| +11% | +$1.22M |
|
|
NPBC
1329
DELISTED
NATL PENN BANCSHARES INC
NPBC
| $11.1M | 0.01% |
987,514
+177,005
| +22% | +$1.92M |
|
|
CSG
1330
DELISTED
CHAMBERS STR PPTYS COM
CSG
| $11.1M | 0.01% |
1,399,172
+3,536
| +0.3% | +$27.5K |
|
|
FMBI
1331
DELISTED
First Midwest Bancorp Inc/IL
FMBI
| $11.1M | 0.01% |
584,899
+119,873
| +26% | +$2.15M |
|
|
CATM
1332
DELISTED
Cardtronics plc Class A Ordinary Shares (UK)
CATM
| $11.1M | 0.01% |
299,399
+22,963
| +8% | +$870K |
|
1333
Trustmark
TRMK
$2.75B
| $11.1M | 0.01% |
443,807
+24,061
| +6% | +$587K |
|
|
FCH
1334
DELISTED
Felcor Lodging Trust
FCH
| $11.1M | 0.01% |
1,121,951
+206,735
| +23% | +$2.26M |
|
1335
International Bancshares
IBOC
$4.57B
| $11M | 0.01% |
411,199
+54,662
| +15% | +$1.45M |
|
|
ALEX
1336
DELISTED
Alexander & Baldwin
ALEX
| $11M | 0.01% |
279,239
+13,417
| +5% | +$552K |
|
1337
ABM Industries
ABM
$2.84B
| $11M | 0.01% |
333,566
+19,455
| +6% | +$631K |
|
|
CTRX
1338
DELISTED
CATAMARAN CORP COM STK (CDA)
CTRX
| $11M | 0.01% |
179,261
+17,151
| +11% | +$1.03M |
|
|
BRS
1339
DELISTED
Bristow Group, Inc.
BRS
| $10.9M | 0.01% |
205,414
+6,831
| +3% | +$400K |
|
1340
Methode Electronics
MEI
$592M
| $10.9M | 0.01% |
398,232
+123,188
| +45% | +$5.52M |
|
|
BKS
1341
DELISTED
Barnes & Noble
BKS
| $10.9M | 0.01% |
641,564
-13,470
| -2% | -$210K |
|
1342
MillerKnoll
MLKN
$1.67B
| $10.9M | 0.01% |
377,143
+12,318
| +3% | +$351K |
|
1343
Integra LifeSciences
IART
$1.34B
| $10.9M | 0.01% |
395,095
+10,857
| +3% | +$289K |
|
1344
Community Bank
CBU
$3.41B
| $10.9M | 0.01% |
287,578
+39,904
| +16% | +$1.43M |
|
|
PEI
1345
DELISTED
Pennsylvania Real Estate Investment Trust
PEI
| $10.8M | 0.01% |
33,893
+736
| +2% | +$248K |
|
|
AXON
1346
Axon Enterprise
AXON
$46.4B
| $10.8M | 0.01% |
325,428
+13,010
| +4% | +$407K |
|
1347
Insulet
PODD
$9.79B
| $10.8M | 0.01% |
349,374
+12,864
| +4% | +$379K |
|
|
BCPC
1348
Balchem Corp
BCPC
$5.72B
| $10.8M | 0.01% |
193,921
+4,520
| +2% | +$260K |
|
|
PMCS
1349
DELISTED
P M C SIERRA INC
PMCS
| $10.8M | 0.01% |
1,260,853
+46,604
| +4% | +$416K |
|
|
SCS
1350
DELISTED
Steelcase
SCS
| $10.8M | 0.01% |
569,421
+7,774
| +1% | +$142K |
|
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.