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 | |
|---|---|---|---|---|---|---|
1801
Shutterstock
SSTK
$219M
| $5.57M | ﹤0.01% |
95,048
+6,739
| +8% | +$441K |
|
|
LORL
1802
DELISTED
Loral Space and Communications, Inc.
LORL
| $5.57M | ﹤0.01% |
88,269
+364
| +0.4% | +$24.6K |
|
1803
Safety Insurance
SAFT
$1.52B
| $5.56M | ﹤0.01% |
96,373
-1,086
| -1% | -$63K |
|
|
VIVO
1804
DELISTED
Meridian Bioscience Inc
VIVO
| $5.55M | ﹤0.01% |
297,962
+23,276
| +8% | +$432K |
|
|
CALD
1805
DELISTED
Callidus Software, Inc.
CALD
| $5.54M | ﹤0.01% |
355,635
+40,324
| +13% | +$575K |
|
1806
Tronox
TROX
$1.04B
| $5.54M | ﹤0.01% |
378,677
+34,674
| +10% | +$653K |
|
1807
Enova International
ENVA
$6.29B
| $5.53M | ﹤0.01% |
295,949
+37,613
| +15% | +$731K |
|
1808
iShares MSCI Emerging Markets ETF
EEM
$29.5B
| – | – |
0
| – | – |
|
|
NFBK
1809
DELISTED
Northfield Bancorp
NFBK
| $5.51M | ﹤0.01% |
366,383
+23,600
| +7% | +$348K |
|
|
STOR
1810
DELISTED
STORE Capital Corporation
STOR
| $5.5M | ﹤0.01% |
273,908
+19,275
| +8% | +$417K |
|
1811
Adtran
ADTN
$616M
| $5.5M | ﹤0.01% |
338,634
+898
| +0.3% | +$15.4K |
|
|
BBT
1812
Beacon Financial Corp
BBT
$2.66B
| $5.49M | ﹤0.01% |
192,939
+48,423
| +34% | +$1.35M |
|
|
NVO
1813
Novo Nordisk
NVO
$209B
| $5.47M | ﹤0.01% |
199,806
+127,110
| +175% | +$3.57M |
|
|
RSTI
1814
DELISTED
Rofin-Sinar Technologies Inc
RSTI
| $5.47M | ﹤0.01% |
198,161
+7,464
| +4% | +$202K |
|
|
IPCC
1815
DELISTED
Infinity Property & Casualty C
IPCC
| $5.44M | ﹤0.01% |
71,716
+1,383
| +2% | +$105K |
|
|
ZLTQ
1816
DELISTED
ZELTIQ Aesthetics, Inc.
ZLTQ
| $5.44M | ﹤0.01% |
184,459
+11,945
| +7% | +$361K |
|
|
GRUB
1817
DELISTED
Just Eat Takeaway.com N.V. American Depositary Shares
GRUB
| $5.43M | ﹤0.01% |
79,720
+34,260
| +75% | +$2.77M |
|
1818
OneSpan
OSPN
$618M
| $5.41M | ﹤0.01% |
179,234
+5,527
| +3% | +$150K |
|
|
KBAL
1819
DELISTED
Kimball International
KBAL
| $5.41M | ﹤0.01% |
444,768
+11,908
| +3% | +$137K |
|
|
RFP
1820
DELISTED
Resolute Forest Products Inc.
RFP
| $5.36M | ﹤0.01% |
476,674
-51,240
| -10% | -$712K |
|
|
LBY
1821
DELISTED
Libbey, Inc.
LBY
| $5.36M | ﹤0.01% |
129,700
+4,581
| +4% | +$185K |
|
|
ZSPH
1822
DELISTED
ZS PHARMA INC COMS TK (DE)
ZSPH
| $5.36M | ﹤0.01% |
102,226
+61,816
| +153% | +$3.04M |
|
1823
Greenlight Captial
GLRE
$506M
| $5.35M | ﹤0.01% |
183,352
+6,511
| +4% | +$199K |
|
|
NXTM
1824
DELISTED
NxStage Medical Inc.
NXTM
| $5.34M | ﹤0.01% |
374,146
+23,360
| +7% | +$396K |
|
|
INSY
1825
DELISTED
Insys Therapeutics, Inc.
INSY
| $5.33M | ﹤0.01% |
148,265
+9,315
| +7% | +$290K |
|
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.