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 | |
|---|---|---|---|---|---|---|
1951
Southside Bancshares
SBSI
$967M
| $4.41M | ﹤0.01% |
162,317
+2,660
| +2% | +$68.6K |
|
1952
United Fire Group
UFCS
$1.4B
| $4.4M | ﹤0.01% |
134,212
+4,463
| +3% | +$140K |
|
1953
Daktronics
DAKT
$1.04B
| $4.38M | ﹤0.01% |
369,225
-643
| -0.2% | -$7.12K |
|
1954
First Bancorp
FBP
$4.38B
| $4.38M | ﹤0.01% |
907,788
+31,188
| +4% | +$197K |
|
1955
Sonida Senior Living
SNDA
$1.91B
| $4.37M | ﹤0.01% |
11,893
+1,138
| +11% | +$440K |
|
|
NVRO
1956
DELISTED
NEVRO CORP.
NVRO
| $4.37M | ﹤0.01% |
81,228
+35,865
| +79% | +$1.83M |
|
|
TDAY
1957
USA Today Co
TDAY
$1.06B
| $4.36M | ﹤0.01% |
243,394
+7,623
| +3% | +$163K |
|
|
ACET
1958
DELISTED
Aceto Corp
ACET
| $4.36M | ﹤0.01% |
176,864
+5,328
| +3% | +$120K |
|
|
PGTI
1959
DELISTED
PGT, Inc.
PGTI
| $4.35M | ﹤0.01% |
299,991
+20,333
| +7% | +$252K |
|
|
ISSI
1960
DELISTED
INTEGRATED SILICON SOLUTN INC
ISSI
| $4.35M | ﹤0.01% |
196,638
+13,736
| +8% | +$272K |
|
|
VASC
1961
DELISTED
Vascular Solutions Inc
VASC
| $4.35M | ﹤0.01% |
125,314
+8,926
| +8% | +$291K |
|
|
CSH
1962
DELISTED
CASH AMERICA INTERNATIONAL INC
CSH
| $4.35M | ﹤0.01% |
166,036
+4,380
| +3% | +$116K |
|
1963
Exelixis
EXEL
$13.4B
| $4.34M | ﹤0.01% |
1,153,447
+64,081
| +6% | +$208K |
|
|
TRST
1964
Trustco Bank Corp NY
TRST
$938M
| $4.33M | ﹤0.01% |
123,190
+9,858
| +9% | +$338K |
|
1965
Standard Motor Products
SMP
$911M
| $4.33M | ﹤0.01% |
123,288
-5,447
| -4% | -$207K |
|
|
STNR
1966
DELISTED
STEINER LEISURE LTD
STNR
| $4.33M | ﹤0.01% |
80,450
+213
| +0.3% | +$10.7K |
|
|
CDR
1967
DELISTED
Cedar Realty Trust, Inc
CDR
| $4.32M | ﹤0.01% |
102,296
+9,802
| +11% | +$450K |
|
|
ATRI
1968
DELISTED
Atrion Corp
ATRI
| $4.3M | ﹤0.01% |
10,971
-316
| -3% | -$113K |
|
1969
Standard BioTools
LAB
$314M
| $4.3M | ﹤0.01% |
177,612
+763
| +0.4% | +$24.1K |
|
|
CIVI
1970
DELISTED
Civitas Resources
CIVI
| $4.29M | ﹤0.01% |
2,107
+160
| +8% | +$414K |
|
|
PRFT
1971
DELISTED
Perficient Inc
PRFT
| $4.28M | ﹤0.01% |
222,312
+13,001
| +6% | +$259K |
|
|
RRTS
1972
DELISTED
RoadRunner Transportation Systems, Inc.
RRTS
| $4.28M | ﹤0.01% |
6,632
+224
| +3% | +$144K |
|
1973
Expro Ltd
XPRO
$1.91B
| $4.27M | ﹤0.01% |
37,748
+5,265
| +16% | +$626K |
|
|
FRED
1974
DELISTED
Fred's Inc
FRED
| $4.27M | ﹤0.01% |
221,165
+908
| +0.4% | +$16.2K |
|
1975
Builders FirstSource
BLDR
$8.04B
| $4.26M | ﹤0.01% |
331,740
+3,020
| +0.9% | +$36.9K |
|
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.