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 | |
|---|---|---|---|---|---|---|
2401
Tejon Ranch
TRC
$451M
| $2.21M | ﹤0.01% |
88,671
+606
| +0.7% | +$14.9K |
|
2402
Peoples Bancorp
PEBO
$1.47B
| $2.21M | ﹤0.01% |
94,793
+9,656
| +11% | +$227K |
|
|
CTWS
2403
DELISTED
Connecticut Water Service Inc
CTWS
| $2.21M | ﹤0.01% |
64,624
+4,788
| +8% | +$170K |
|
|
MPG
2404
DELISTED
Metaldyne Performance Group Inc.
MPG
| $2.2M | ﹤0.01% |
121,434
+6,330
| +5% | +$120K |
|
2405
Powell Industries
POWL
$7.71B
| $2.2M | ﹤0.01% |
187,479
+12,498
| +7% | +$149K |
|
2406
American Vanguard Corp
AVD
$68.9M
| $2.19M | ﹤0.01% |
159,082
+10,794
| +7% | +$141K |
|
|
GLDD
2407
DELISTED
Great Lakes Dredge & Dock
GLDD
| $2.19M | ﹤0.01% |
368,223
+30,114
| +9% | +$177K |
|
2408
Seacoast Banking Corp of Florida
SBCF
$3.35B
| $2.19M | ﹤0.01% |
138,793
+8,770
| +7% | +$130K |
|
2409
Federal Agricultural Mortgage
AGM
$2.56B
| $2.19M | ﹤0.01% |
75,401
+5,043
| +7% | +$159K |
|
|
OPB
2410
DELISTED
Opus Bank Common Stock
OPB
| $2.19M | ﹤0.01% |
60,393
+16,064
| +36% | +$519K |
|
2411
Hooker Furnishings Corp
HOFT
$166M
| $2.17M | ﹤0.01% |
86,571
+34,206
| +65% | +$846K |
|
2412
Foster
FSTR
$432M
| $2.17M | ﹤0.01% |
62,740
-12,352
| -16% | -$505K |
|
2413
Novartis
NVS
$297B
| $2.17M | ﹤0.01% |
24,642
-5,282
| -18% | -$485K |
|
|
LTS
2414
DELISTED
Ladenburg Thalmann Financial Services Inc
LTS
| $2.17M | ﹤0.01% |
620,562
+5,374
| +0.9% | +$19K |
|
|
CCG
2415
DELISTED
CAMPUS CREST COMMUNITIES INC COM STK (MD)
CCG
| $2.17M | ﹤0.01% |
391,802
+21,781
| +6% | +$133K |
|
2416
PennyMac Financial
PFSI
$4.02B
| $2.17M | ﹤0.01% |
119,536
+7,815
| +7% | +$142K |
|
|
BKMU
2417
DELISTED
Bank Mutual Corp
BKMU
| $2.15M | ﹤0.01% |
280,302
+34,420
| +14% | +$251K |
|
2418
Freshpet
FRPT
$3.22B
| $2.15M | ﹤0.01% |
115,495
+37,950
| +49% | +$793K |
|
|
AY
2419
DELISTED
Atlantica Sustainable Infrastructure plc Ordinary Shares
AY
| $2.14M | ﹤0.01% |
68,445
+20,611
| +43% | +$735K |
|
|
TAST
2420
DELISTED
Carrols Restaurant Group, Inc.
TAST
| $2.14M | ﹤0.01% |
205,953
+17,292
| +9% | +$167K |
|
2421
Flex
FLEX
$44.8B
| $2.14M | ﹤0.01% |
253,606
+12,348
| +5% | +$114K |
|
|
YELL
2422
DELISTED
Yellow Corporation Common Stock
YELL
| $2.14M | ﹤0.01% |
164,730
+2,798
| +2% | +$41.7K |
|
|
CTT
2423
DELISTED
CATCHMARK TIMBER TRUST, INC.
CTT
| $2.13M | ﹤0.01% |
184,372
+15,045
| +9% | +$177K |
|
|
ACGN
2424
DELISTED
Aceragen Inc
ACGN
| $2.13M | ﹤0.01% |
4,230
+239
| +6% | +$110K |
|
|
CSBK
2425
DELISTED
Clifton Bancorp Inc.
CSBK
| $2.13M | ﹤0.01% |
152,381
+31,312
| +26% | +$436K |
|
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.