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 | |
|---|---|---|---|---|---|---|
1626
Crocs
CROX
$6.55B
| $7.27M | ﹤0.01% |
494,203
+981
| +0.2% | +$13.9K |
|
1627
FerroAtlántica
GSM
$839M
| $7.25M | ﹤0.01% |
409,799
+13,632
| +3% | +$271K |
|
1628
Veeco
VECO
$3.23B
| $7.24M | ﹤0.01% |
252,055
+5,369
| +2% | +$165K |
|
|
TBI
1629
Trueblue
TBI
$311M
| $7.24M | ﹤0.01% |
242,278
+8,611
| +4% | +$243K |
|
|
CYS
1630
DELISTED
CYS Investments Inc.
CYS
| $7.22M | ﹤0.01% |
934,028
-104,304
| -10% | -$918K |
|
|
SCAI
1631
DELISTED
Surgical Care Affiliates, Inc.
SCAI
| $7.22M | ﹤0.01% |
188,029
+94,216
| +100% | +$3.57M |
|
|
CEMP
1632
DELISTED
Cempra, Inc.
CEMP
| $7.21M | ﹤0.01% |
209,795
-23,403
| -10% | -$827K |
|
1633
HealthEquity
HQY
$8.75B
| $7.2M | ﹤0.01% |
224,718
+147,173
| +190% | +$3.95M |
|
1634
E.W. Scripps
SSP
$304M
| $7.19M | ﹤0.01% |
314,864
+117,465
| +60% | +$2.76M |
|
1635
Greif
GEF
$5.04B
| $7.18M | ﹤0.01% |
200,276
+12,369
| +7% | +$491K |
|
|
GOV
1636
DELISTED
Government Properties Income Trust
GOV
| $7.18M | ﹤0.01% |
386,895
-45,393
| -11% | -$927K |
|
1637
United Parks & Resorts
PRKS
$2.12B
| $7.17M | ﹤0.01% |
388,653
+39,753
| +11% | +$824K |
|
1638
Tennant Co
TNC
$1.26B
| $7.17M | ﹤0.01% |
109,672
+3,035
| +3% | +$199K |
|
|
AF
1639
DELISTED
Astoria Financial Corporation
AF
| $7.15M | ﹤0.01% |
518,830
+29,181
| +6% | +$389K |
|
|
EGOV
1640
DELISTED
NIC Inc
EGOV
| $7.15M | ﹤0.01% |
391,130
+12,883
| +3% | +$225K |
|
|
ABAX
1641
DELISTED
Abaxis Inc
ABAX
| $7.14M | ﹤0.01% |
138,774
+2,259
| +2% | +$127K |
|
|
ANAT
1642
DELISTED
American National Group, Inc. Common Stock
ANAT
| $7.14M | ﹤0.01% |
69,790
+3,720
| +6% | +$376K |
|
1643
AAR Corp
AIR
$5.76B
| $7.13M | ﹤0.01% |
223,830
+7,780
| +4% | +$237K |
|
|
PDLI
1644
DELISTED
PDL BioPharma, Inc.
PDLI
| $7.12M | ﹤0.01% |
1,107,121
+43,437
| +4% | +$291K |
|
|
TUMI
1645
DELISTED
TUMI HLDGS INC COM
TUMI
| $7.12M | ﹤0.01% |
346,757
+9,831
| +3% | +$215K |
|
|
ARI
1646
Apollo Commercial Real Estate
ARI
$885M
| $7.07M | ﹤0.01% |
430,482
+12,068
| +3% | +$207K |
|
|
PINC
1647
DELISTED
Premier
PINC
| $7.07M | ﹤0.01% |
183,701
+15,828
| +9% | +$594K |
|
1648
JD.com
JD
$44.5B
| $7.05M | ﹤0.01% |
206,714
+38,535
| +23% | +$1.31M |
|
1649
National Bank Holdings
NBHC
$1.9B
| $7.04M | ﹤0.01% |
337,975
+1,292
| +0.4% | +$25.1K |
|
|
IPHS
1650
DELISTED
Innophos Holdings, Inc.
IPHS
| $7.04M | ﹤0.01% |
133,741
-26,886
| -17% | -$1.46M |
|
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.