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 | |
|---|---|---|---|---|---|---|
|
VGR
1376
DELISTED
Vector Group Ltd.
VGR
| $10.5M | 0.01% |
809,212
+27,888
| +4% | +$347K |
|
1377
Prothena Corp
PRTA
$450M
| $10.5M | 0.01% |
200,180
+35,267
| +21% | +$1.39M |
|
1378
Nektar Therapeutics
NKTR
$2.58B
| $10.5M | 0.01% |
56,128
+1,844
| +3% | +$317K |
|
1379
Nexstar Media Group
NXST
$5.97B
| $10.5M | 0.01% |
187,879
+5,887
| +3% | +$337K |
|
1380
Green Plains
GPRE
$1.03B
| $10.5M | 0.01% |
381,241
+25,042
| +7% | +$771K |
|
|
RPT
1381
DELISTED
RPT Realty Common Shares of Beneficial Interest (MD)
RPT
| $10.5M | 0.01% |
643,182
+81,269
| +14% | +$1.42M |
|
1382
HEICO Corp
HEI
$51.4B
| $10.5M | 0.01% |
439,507
-60,381
| -12% | -$1.45M |
|
1383
Invesco Mortgage Capital
IVR
$805M
| $10.5M | 0.01% |
73,036
+2,263
| +3% | +$354K |
|
|
WSTC
1384
DELISTED
West Corporation
WSTC
| $10.4M | 0.01% |
347,072
+76,542
| +28% | +$2.42M |
|
1385
Morningstar
MORN
$7.53B
| $10.4M | 0.01% |
130,832
-3,060
| -2% | -$234K |
|
|
IMPV
1386
DELISTED
Imperva, Inc.
IMPV
| $10.4M | 0.01% |
153,672
+5,585
| +4% | +$308K |
|
|
LCI
1387
DELISTED
Lannett Company, Inc.
LCI
| $10.4M | 0.01% |
43,637
+1,178
| +3% | +$283K |
|
1388
LXP Industrial Trust
LXP
$3.57B
| $10.3M | 0.01% |
244,098
+7,206
| +3% | +$335K |
|
1389
Plexus
PLXS
$7.23B
| $10.3M | 0.01% |
235,195
+40
| +0% | +$1.77K |
|
1390
Interface
TILE
$2.22B
| $10.3M | 0.01% |
410,476
+10,929
| +3% | +$242K |
|
1391
Dolby
DLB
$5.79B
| $10.3M | 0.01% |
258,602
-148
| -0.1% | -$5.86K |
|
|
BECN
1392
DELISTED
Beacon Roofing Supply, Inc.
BECN
| $10.3M | 0.01% |
308,857
+9,914
| +3% | +$312K |
|
|
KND
1393
DELISTED
Kindred Healthcare
KND
| $10.3M | 0.01% |
505,455
+53,671
| +12% | +$1.23M |
|
1394
Ormat Technologies
ORA
$6.65B
| $10.2M | 0.01% |
270,977
+33,413
| +14% | +$1.26M |
|
1395
Old National Bancorp
ONB
$10.2B
| $10.2M | 0.01% |
705,684
+27,830
| +4% | +$392K |
|
1396
CONMED
CNMD
$1.47B
| $10.2M | 0.01% |
174,249
+6,500
| +4% | +$350K |
|
1397
Super Micro Computer
SMCI
$20.1B
| $10.1M | 0.01% |
3,428,170
+717,710
| +26% | +$2.36M |
|
1398
Matthews International
MATW
$739M
| $10.1M | 0.01% |
190,724
+9,812
| +5% | +$500K |
|
|
WBMD
1399
DELISTED
WebMD Health Corp.
WBMD
| $10.1M | 0.01% |
228,395
+8,176
| +4% | +$374K |
|
1400
Forward Air
FWRD
$654M
| $10.1M | 0.01% |
193,446
+1,760
| +0.9% | +$92.7K |
|
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.