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 | |
|---|---|---|---|---|---|---|
1876
Alamo Group
ALG
$2.05B
| $4.92M | ﹤0.01% |
90,084
+539
| +0.6% | +$30.9K |
|
1877
Astec Industries
ASTE
$1.02B
| $4.92M | ﹤0.01% |
117,537
+4,447
| +4% | +$188K |
|
1878
RPC Inc
RES
$1.3B
| $4.91M | ﹤0.01% |
355,364
+33,533
| +10% | +$495K |
|
1879
Kulicke & Soffa
KLIC
$4.78B
| $4.91M | ﹤0.01% |
419,175
+4,737
| +1% | +$65.8K |
|
|
TPC
1880
Tutor Perini Cor
TPC
$5.21B
| $4.9M | ﹤0.01% |
227,107
+7,943
| +4% | +$181K |
|
1881
Chesapeake Utilities
CPK
$3.21B
| $4.9M | ﹤0.01% |
90,943
+6,456
| +8% | +$334K |
|
1882
8x8 Inc
EGHT
$332M
| $4.89M | ﹤0.01% |
545,965
+7,966
| +1% | +$70.3K |
|
|
OSG
1883
Octave Specialty Group
OSG
$222M
| $4.89M | ﹤0.01% |
293,775
+12,233
| +4% | +$289K |
|
|
BFS
1884
Saul Centers
BFS
$841M
| $4.88M | ﹤0.01% |
99,216
-2,656
| -3% | -$138K |
|
1885
Towne Bank
TOWN
$3.42B
| $4.88M | ﹤0.01% |
299,630
+16,516
| +6% | +$268K |
|
|
XXIA
1886
DELISTED
Ixia
XXIA
| $4.88M | ﹤0.01% |
392,063
+23,560
| +6% | +$294K |
|
|
FARO
1887
DELISTED
Faro Technologies
FARO
| $4.87M | ﹤0.01% |
104,369
+4,744
| +5% | +$223K |
|
|
CFNL
1888
DELISTED
Cardinal Financial Corp
CFNL
| $4.87M | ﹤0.01% |
223,681
+41,507
| +23% | +$865K |
|
|
SYNH
1889
DELISTED
Syneos Health, Inc. Class A Common Stock
SYNH
| $4.87M | ﹤0.01% |
121,378
+55,365
| +84% | +$1.91M |
|
|
LMNX
1890
DELISTED
Luminex Corp
LMNX
| $4.86M | ﹤0.01% |
281,349
+5,683
| +2% | +$95.2K |
|
|
CRR
1891
DELISTED
Carbo Ceramics Inc.
CRR
| $4.85M | ﹤0.01% |
116,594
+8,298
| +8% | +$334K |
|
|
SGYP
1892
DELISTED
Synergy Pharmaceuticals, Inc Common Stock
SGYP
| $4.85M | ﹤0.01% |
584,425
+12,142
| +2% | +$58.9K |
|
1893
Inogen
INGN
$164M
| $4.83M | ﹤0.01% |
108,358
+24,379
| +29% | +$935K |
|
|
UHT
1894
Universal Health Realty Income Trust
UHT
$594M
| $4.83M | ﹤0.01% |
104,008
+341
| +0.3% | +$17K |
|
1895
Skywest
SKYW
$4.34B
| $4.83M | ﹤0.01% |
321,054
+9,483
| +3% | +$142K |
|
|
ININ
1896
DELISTED
Interactive Intelligence Group, inc.
ININ
| $4.83M | ﹤0.01% |
108,573
+3,713
| +4% | +$165K |
|
1897
Coca-Cola Consolidated
COKE
$12.8B
| $4.82M | ﹤0.01% |
319,180
+7,520
| +2% | +$90.3K |
|
|
CSII
1898
DELISTED
Cardiovascular Systems, Inc.
CSII
| $4.81M | ﹤0.01% |
181,827
+7,341
| +4% | +$237K |
|
|
ADAM
1899
Adamas Trust
ADAM
$883M
| $4.81M | ﹤0.01% |
160,700
+2,270
| +1% | +$71.1K |
|
|
GTS
1900
DELISTED
Triple-S Management Corporation
GTS
| $4.8M | ﹤0.01% |
196,815
+19,998
| +11% | +$425K |
|
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.