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 | |
|---|---|---|---|---|---|---|
|
STI
201
DELISTED
SunTrust Banks, Inc.
STI
| $176M | 0.1% |
4,095,300
-66,503
| -2% | -$2.83M |
|
202
Illumina
ILMN
$30.2B
| $175M | 0.1% |
825,433
-9,910
| -1% | -$1.94M |
|
203
Carnival Corporation Ltd
CCL
$40.6B
| $175M | 0.1% |
3,551,723
-77,614
| -2% | -$3.66M |
|
204
Public Service Enterprise Group
PEG
$37.6B
| $175M | 0.1% |
4,462,015
+75,820
| +2% | +$3.15M |
|
205
Sherwin-Williams
SHW
$89.7B
| $174M | 0.1% |
1,903,542
+46,668
| +3% | +$4.42M |
|
206
Ameriprise Financial
AMP
$49.6B
| $174M | 0.1% |
1,395,483
-33,296
| -2% | -$4.24M |
|
|
CERN
207
DELISTED
Cerner Corp
CERN
| $174M | 0.1% |
2,522,225
+61,634
| +3% | +$4.31M |
|
|
CB
208
DELISTED
CHUBB CORPORATION
CB
| $173M | 0.1% |
1,826,749
+46,223
| +3% | +$4.56M |
|
209
T. Rowe Price
TROW
$24.5B
| $173M | 0.1% |
2,235,083
+48,947
| +2% | +$3.95M |
|
210
Boston Properties
BXP
$11.2B
| $172M | 0.1% |
1,422,817
-21,329
| -1% | -$2.81M |
|
211
Micron Technology
MU
$1.01T
| $172M | 0.1% |
9,122,373
+160,356
| +2% | +$4.27M |
|
212
AutoZone
AZO
$50.1B
| $170M | 0.1% |
255,329
+11,133
| +5% | +$7.62M |
|
|
SE
213
DELISTED
Spectra Energy Corp Wi
SE
| $170M | 0.1% |
5,221,781
+42,079
| +0.8% | +$1.5M |
|
214
Sysco
SYY
$40.3B
| $169M | 0.1% |
4,682,249
+179,934
| +4% | +$6.73M |
|
215
Cummins
CMI
$89.7B
| $168M | 0.1% |
1,279,903
+10,348
| +0.8% | +$1.42M |
|
216
APA Corp
APA
$12.3B
| $167M | 0.1% |
2,901,445
-18,728
| -0.6% | -$1.18M |
|
|
FISV
217
Fiserv Inc
FISV
$28.9B
| $166M | 0.09% |
4,009,072
+213,552
| +6% | +$8.59M |
|
|
STJ
218
DELISTED
St Jude Medical
STJ
| $165M | 0.09% |
2,267,917
-65,604
| -3% | -$4.74M |
|
219
NOV
NOV
$6.95B
| $165M | 0.09% |
3,431,253
-103,216
| -3% | -$5.31M |
|
220
Skyworks Solutions
SWKS
$10.1B
| $165M | 0.09% |
1,586,479
-18,239
| -1% | -$1.85M |
|
221
Ross Stores
ROST
$81.2B
| $164M | 0.09% |
3,378,049
+75,643
| +2% | +$3.8M |
|
|
PXD
222
DELISTED
Pioneer Natural Resource Co.
PXD
| $163M | 0.09% |
1,180,203
+71,399
| +6% | +$11.3M |
|
223
Liberty Global Class C
LBTYK
$3.51B
| $162M | 0.09% |
3,962,897
+66,799
| +2% | +$2.77M |
|
224
Analog Devices
ADI
$184B
| $161M | 0.09% |
2,516,961
+2,047
| +0.1% | +$133K |
|
225
Healthpeak Properties
DOC
$15B
| $161M | 0.09% |
4,861,677
-53,608
| -1% | -$1.95M |
|
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.