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 | |
|---|---|---|---|---|---|---|
1451
Vishay Intertechnology
VSH
$5.43B
| $9.23M | 0.01% |
790,266
+29,386
| +4% | +$378K |
|
1452
La-Z-Boy
LZB
$1.69B
| $9.23M | 0.01% |
350,380
+2,518
| +0.7% | +$67.9K |
|
1453
Dorman Products
DORM
$4.18B
| $9.23M | 0.01% |
193,614
+7,835
| +4% | +$382K |
|
1454
WD-40
WDFC
$3.15B
| $9.22M | 0.01% |
105,765
-3,478
| -3% | -$295K |
|
1455
LCI Industries
LCII
$2.65B
| $9.21M | 0.01% |
158,758
+6,997
| +5% | +$417K |
|
|
MRH
1456
DELISTED
MONTPELIER RE HOLDINGS LTD
MRH
| $9.18M | 0.01% |
232,416
+773
| +0.3% | +$30.2K |
|
|
DOOR
1457
DELISTED
MASONITE INTERNATIONAL CORP
DOOR
| $9.18M | 0.01% |
130,890
+1,272
| +1% | +$87.3K |
|
|
SLCA
1458
DELISTED
U.S. SILICA HOLDINGS, INC.
SLCA
| $9.14M | 0.01% |
311,383
+6,037
| +2% | +$204K |
|
1459
Worthington Enterprises
WOR
$2.86B
| $9.14M | 0.01% |
493,049
+55
| +0% | +$939 |
|
|
HTS
1460
DELISTED
HATTERAS FINANCIAL CORP
HTS
| $9.13M | 0.01% |
559,857
-31,758
| -5% | -$570K |
|
|
DPLO
1461
DELISTED
DIPLOMAT PHARMACY, INC.
DPLO
| $9.12M | 0.01% |
203,749
+120,932
| +146% | +$4.55M |
|
|
MEG
1462
DELISTED
Media General, Inc
MEG
| $9.11M | 0.01% |
551,751
+77,453
| +16% | +$1.29M |
|
|
IQNT
1463
DELISTED
Inteliquent, Inc.
IQNT
| $9.11M | 0.01% |
494,927
+20,907
| +4% | +$376K |
|
|
GCI
1464
DELISTED
Gannett Co., Inc
GCI
| $9.1M | 0.01% |
+651,005
| New | +$9.28M |
|
|
DF
1465
DELISTED
Dean Foods Company
DF
| $9.08M | 0.01% |
561,472
+31,056
| +6% | +$542K |
|
|
MIK
1466
DELISTED
Michaels Stores, Inc
MIK
| $9.08M | 0.01% |
337,283
+31,615
| +10% | +$853K |
|
|
AAT
1467
American Assets Trust
AAT
$1.4B
| $9.07M | 0.01% |
231,389
+12,799
| +6% | +$519K |
|
1468
Knowles
KN
$3.34B
| $9.07M | 0.01% |
501,023
+35,814
| +8% | +$694K |
|
|
VRTU
1469
DELISTED
Virtusa Corporation
VRTU
| $9.04M | 0.01% |
175,813
+10,060
| +6% | +$447K |
|
|
ITG
1470
DELISTED
Investment Technology Group Inc
ITG
| $9.01M | 0.01% |
363,249
+23,422
| +7% | +$666K |
|
1471
WesBanco
WSBC
$4B
| $8.98M | 0.01% |
263,870
+22,376
| +9% | +$728K |
|
1472
Kaiser Aluminum
KALU
$3.02B
| $8.97M | 0.01% |
107,964
-9,467
| -8% | -$769K |
|
|
CONE
1473
DELISTED
CyrusOne Inc Common Stock
CONE
| $8.96M | 0.01% |
304,391
+81,106
| +36% | +$2.53M |
|
|
PCH
1474
DELISTED
PotlatchDeltic
PCH
| $8.96M | 0.01% |
253,604
-7,035
| -3% | -$259K |
|
1475
MGE Energy Inc
MGEE
$3.08B
| $8.94M | 0.01% |
230,940
-543
| -0.2% | -$22K |
|
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.