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 | |
|---|---|---|---|---|---|---|
2051
CTS Corp
CTS
$1.89B
| $3.94M | ﹤0.01% |
204,312
+11,325
| +6% | +$209K |
|
2052
Kforce
KFRC
$1.06B
| $3.94M | ﹤0.01% |
172,072
+1,175
| +0.7% | +$26.1K |
|
|
GHDX
2053
DELISTED
Genomic Health, Inc.
GHDX
| $3.93M | ﹤0.01% |
141,557
+33,438
| +31% | +$943K |
|
2054
Center Bancorp
CNOB
$1.78B
| $3.93M | ﹤0.01% |
182,370
+32,491
| +22% | +$644K |
|
|
DHIL
2055
DELISTED
Diamond Hill
DHIL
| $3.93M | ﹤0.01% |
19,668
+3,216
| +20% | +$601K |
|
|
BNCN
2056
DELISTED
BNC Bancorp
BNCN
| $3.92M | ﹤0.01% |
202,656
+7,911
| +4% | +$147K |
|
2057
Cleveland-Cliffs
CLF
$6.99B
| $3.91M | ﹤0.01% |
903,302
+42,515
| +5% | +$226K |
|
|
IVC
2058
DELISTED
Invacare Corporation
IVC
| $3.91M | ﹤0.01% |
180,670
+5,929
| +3% | +$126K |
|
|
HEES
2059
DELISTED
H&E Equipment Services
HEES
| $3.9M | ﹤0.01% |
195,501
+4,907
| +3% | +$117K |
|
|
INFI
2060
DELISTED
Infinity Pharmaceuticals, Inc.
INFI
| $3.9M | ﹤0.01% |
355,894
+31,923
| +10% | +$410K |
|
|
HOS
2061
DELISTED
Hornbeck Offshore Services, Inc.
HOS
| $3.89M | ﹤0.01% |
189,589
-895
| -0.5% | -$19.6K |
|
|
HAYN
2062
DELISTED
Haynes International, Inc.
HAYN
| $3.88M | ﹤0.01% |
78,684
+2,575
| +3% | +$120K |
|
|
CGI
2063
DELISTED
Celadon Group Inc
CGI
| $3.88M | ﹤0.01% |
187,433
+23,126
| +14% | +$569K |
|
|
NSM
2064
DELISTED
Nationstar Mortgage Holdings
NSM
| $3.87M | ﹤0.01% |
230,196
+110,663
| +93% | +$2.4M |
|
2065
Winnebago Industries
WGO
$909M
| $3.86M | ﹤0.01% |
163,677
-21,225
| -11% | -$452K |
|
|
CBPX
2066
DELISTED
CONTINENTAL BUILDING PRODUCTS, INC.
CBPX
| $3.85M | ﹤0.01% |
181,626
+39,675
| +28% | +$890K |
|
|
ADPT
2067
DELISTED
Adeptus Health Inc
ADPT
| $3.84M | ﹤0.01% |
40,462
+12,564
| +45% | +$865K |
|
2068
Mercer International
MERC
$39.8M
| $3.84M | ﹤0.01% |
280,499
+5,122
| +2% | +$73.5K |
|
|
EPZM
2069
DELISTED
Epizyme, Inc
EPZM
| $3.83M | ﹤0.01% |
159,767
+24,223
| +18% | +$466K |
|
|
AGEN
2070
Agenus
AGEN
$290M
| $3.81M | ﹤0.01% |
22,521
+4,943
| +28% | +$701K |
|
|
FFG
2071
DELISTED
FBL Financial Group
FFG
| $3.8M | ﹤0.01% |
65,845
-4,556
| -6% | -$270K |
|
2072
Hannon Armstrong Sustainable Infrastructure Capital
HASI
$5.2B
| $3.79M | ﹤0.01% |
188,928
+45,554
| +32% | +$889K |
|
2073
State Street SPDR S&P 500 ETF Trust
SPY
$810B
| – | – |
0
| – | – |
|
2074
Flotek Industries
FTK
$1.28B
| $3.75M | ﹤0.01% |
49,896
+1,827
| +4% | +$148K |
|
2075
Vanda Pharmaceuticals
VNDA
$302M
| $3.75M | ﹤0.01% |
295,545
+71,473
| +32% | +$771K |
|
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.