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 | |
|---|---|---|---|---|---|---|
2076
Central Pacific Financial
CPF
$1B
| $3.74M | ﹤0.01% |
157,676
+6,723
| +4% | +$157K |
|
|
BMTC
2077
DELISTED
Bryn Mawr Bank Corp
BMTC
| $3.74M | ﹤0.01% |
123,936
+45,393
| +58% | +$1.37M |
|
|
INOV
2078
DELISTED
Inovalon Holdings, Inc. Class A Common Stock
INOV
| $3.73M | ﹤0.01% |
+133,634
| New | +$3.59M |
|
|
SUM
2079
DELISTED
Summit Materials, Inc. Class A Common Stock
SUM
| $3.73M | ﹤0.01% |
+154,827
| New | +$3.68M |
|
2080
Stride
LRN
$3.43B
| $3.73M | ﹤0.01% |
294,512
-25,183
| -8% | -$375K |
|
|
RATE
2081
DELISTED
Bankrate Inc
RATE
| $3.71M | ﹤0.01% |
353,833
+5,064
| +1% | +$61.3K |
|
|
TVPT
2082
DELISTED
Travelport Worldwide Limited
TVPT
| $3.71M | ﹤0.01% |
269,143
+84,320
| +46% | +$1.3M |
|
2083
Zumiez
ZUMZ
$339M
| $3.71M | ﹤0.01% |
139,207
+2,280
| +2% | +$70.1K |
|
2084
DXP Enterprises
DXPE
$2.98B
| $3.7M | ﹤0.01% |
79,667
+749
| +0.9% | +$33.2K |
|
2085
Ambarella
AMBA
$3.81B
| $3.7M | ﹤0.01% |
36,048
+3,166
| +10% | +$277K |
|
|
SHOE
2086
Shoe Station Group
SHOE
$428M
| $3.7M | ﹤0.01% |
256,392
+39,482
| +18% | +$553K |
|
|
MITT
2087
TPG Mortgage Investment Trust
MITT
$225M
| $3.7M | ﹤0.01% |
71,334
-12,390
| -15% | -$698K |
|
2088
BancFirst
BANF
$3.8B
| $3.69M | ﹤0.01% |
112,920
+1,210
| +1% | +$36.6K |
|
|
HIFR
2089
DELISTED
InfraREIT, Inc.
HIFR
| $3.68M | ﹤0.01% |
+129,859
| New | +$4.02M |
|
|
XCRA
2090
DELISTED
Xcerra Corporation
XCRA
| $3.68M | ﹤0.01% |
486,224
+137,359
| +39% | +$1.23M |
|
2091
Credicorp
BAP
$30.7B
| $3.68M | ﹤0.01% |
26,818
+6,024
| +29% | +$881K |
|
2092
Paylocity
PCTY
$7.98B
| $3.65M | ﹤0.01% |
101,800
+6,467
| +7% | +$208K |
|
2093
Tempest Therapeutics
TPST
$14.6M
| $3.61M | ﹤0.01% |
43
-2
| -4% | -$183K |
|
2094
MarineMax
HZO
$788M
| $3.6M | ﹤0.01% |
153,334
+5,042
| +3% | +$121K |
|
|
SRNE
2095
DELISTED
Sorrento Therapeutics, Inc.
SRNE
| $3.6M | ﹤0.01% |
204,099
+94,399
| +86% | +$1.21M |
|
2096
Karyopharm Therapeutics
KPTI
$48M
| $3.59M | ﹤0.01% |
8,802
+594
| +7% | +$257K |
|
2097
Trip.com Group
TCOM
$29.1B
| $3.59M | ﹤0.01% |
98,826
+6,478
| +7% | +$226K |
|
|
NWLIA
2098
DELISTED
NATL WESTN LIFE INS CO CL A
NWLIA
| $3.59M | ﹤0.01% |
14,978
+389
| +3% | +$93.2K |
|
|
SAAS
2099
DELISTED
inContact, Inc.
SAAS
| $3.58M | ﹤0.01% |
363,147
+2,145
| +0.6% | +$22K |
|
|
BTU
2100
DELISTED
PEABODY ENERGY CORP COM STK NEW (DE)
BTU
| $3.58M | ﹤0.01% |
109,047
+8,480
| +8% | +$496K |
|
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.