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 | |
|---|---|---|---|---|---|---|
1576
Forum Energy Technologies
FET
$835M
| $7.83M | ﹤0.01% |
19,299
+940
| +5% | +$403K |
|
1577
Cato Corp
CATO
$66.1M
| $7.83M | ﹤0.01% |
201,929
+8,991
| +5% | +$352K |
|
1578
Red Robin
RRGB
$152M
| $7.79M | ﹤0.01% |
90,838
+2,958
| +3% | +$244K |
|
1579
Hope Bancorp
HOPE
$1.79B
| $7.79M | ﹤0.01% |
526,795
+8,226
| +2% | +$120K |
|
|
ESPR
1580
DELISTED
Esperion Therapeutics
ESPR
| $7.79M | ﹤0.01% |
95,289
+7,580
| +9% | +$742K |
|
1581
Wabash National
WNC
$527M
| $7.79M | ﹤0.01% |
621,127
+233,548
| +60% | +$3.25M |
|
1582
MiMedx Group
MDXG
$633M
| $7.78M | ﹤0.01% |
671,650
+37,043
| +6% | +$381K |
|
1583
First Merchants
FRME
$2.67B
| $7.76M | ﹤0.01% |
314,403
+23,371
| +8% | +$551K |
|
|
CKH
1584
DELISTED
Seacor Holdings Inc.
CKH
| $7.76M | ﹤0.01% |
113,091
+282
| +0.2% | +$19.6K |
|
1585
Buckle
BKE
$2.37B
| $7.74M | ﹤0.01% |
169,058
+478
| +0.3% | +$22K |
|
1586
Helix Energy Solutions
HLX
$1.41B
| $7.73M | ﹤0.01% |
612,232
+44,181
| +8% | +$697K |
|
|
LOCK
1587
DELISTED
LifeLock, Inc.
LOCK
| $7.68M | ﹤0.01% |
468,668
+22,389
| +5% | +$346K |
|
1588
MasTec
MTZ
$21.9B
| $7.68M | ﹤0.01% |
386,715
+10,084
| +3% | +$189K |
|
1589
Liberty Broadband Class A
LBRDA
$5.16B
| $7.68M | ﹤0.01% |
150,732
+2,877
| +2% | +$153K |
|
|
VWR
1590
DELISTED
VWR Corporation
VWR
| $7.68M | ﹤0.01% |
287,350
+90,985
| +46% | +$2.43M |
|
|
GPT
1591
DELISTED
Gramercy Property Trust
GPT
| $7.68M | ﹤0.01% |
+109,502
| New | +$8.79M |
|
1592
Merit Medical Systems
MMSI
$5.32B
| $7.65M | ﹤0.01% |
355,073
+64,550
| +22% | +$1.31M |
|
1593
Oxford Industries
OXM
$552M
| $7.63M | ﹤0.01% |
87,299
+2,430
| +3% | +$193K |
|
1594
PTC Therapeutics
PTCT
$6.12B
| $7.63M | ﹤0.01% |
158,482
+13,379
| +9% | +$781K |
|
|
NGHC
1595
DELISTED
National General Holdings Corp
NGHC
| $7.61M | ﹤0.01% |
365,445
+3,184
| +0.9% | +$62.4K |
|
|
ZAYO
1596
DELISTED
Zayo Group Holdings, Inc.
ZAYO
| $7.6M | ﹤0.01% |
295,572
+74,428
| +34% | +$2.02M |
|
1597
STAG Industrial
STAG
$7.19B
| $7.6M | ﹤0.01% |
379,998
+6,992
| +2% | +$152K |
|
|
RWT
1598
Redwood Trust
RWT
$594M
| $7.6M | ﹤0.01% |
483,958
+2,675
| +0.6% | +$45.5K |
|
1599
World Acceptance Corp
WRLD
$873M
| $7.59M | ﹤0.01% |
123,362
+25,281
| +26% | +$2.01M |
|
1600
Insight Enterprises
NSIT
$4.38B
| $7.58M | ﹤0.01% |
253,513
-5,958
| -2% | -$177K |
|
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.