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 |
AGN
Allergan plc
AGN
|
+$128M |
| 2 |
American Airlines Group
AAL
|
+$99.2M |
| 3 |
Navient
NAVI
|
+$54.9M |
| 4 |
Essex Property Trust
ESS
|
+$53.7M |
| 5 |
Broadcom
AVGO
|
+$47.2M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Apple
AAPL
|
+$219M |
| 2 |
FRX
FOREST LABORATORIES INC
FRX
|
+$161M |
| 3 |
BEAM
BEAM INC COM STK (DE)
BEAM
|
+$103M |
| 4 |
DBLE
DOUBLE EAGLE PETROLEUM CO
DBLE
|
+$85M |
| 5 |
SLM Corp
SLM
|
+$62.7M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 14.61% |
| 2 | Technology | 13.94% |
| 3 | Healthcare | 13.29% |
| 4 | Industrials | 10.85% |
| 5 | Energy | 9.65% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
2726
Pathward Financial
CASH
$1.82B
| $1.05M | ﹤0.01% |
78,741
+90
| +0.1% | +$1.19K |
|
|
BEAT
2727
DELISTED
BioTelemetry, Inc.
BEAT
| $1.05M | ﹤0.01% |
146,239
+18,660
| +15% | +$149K |
|
|
CTT
2728
DELISTED
CATCHMARK TIMBER TRUST, INC.
CTT
| $1.05M | ﹤0.01% |
76,618
+15,147
| +25% | +$204K |
|
2729
MIND Technology
MIND
$44.6M
| $1.05M | ﹤0.01% |
7,491
+153
| +2% | +$21.1K |
|
2730
Regional Management Corp
RM
$296M
| $1.04M | ﹤0.01% |
67,527
+3,237
| +5% | +$55.5K |
|
|
CCRN
2731
DELISTED
Cross Country Healthcare
CCRN
| $1.04M | ﹤0.01% |
160,103
-28,100
| -15% | -$186K |
|
2732
CEMIG Preferred Shares
CIG
$5.75B
| $1.04M | ﹤0.01% |
255,211
+22,659
| +10% | +$86.1K |
|
2733
Saga Communications
SGA
$61.7M
| $1.04M | ﹤0.01% |
24,289
+2,908
| +14% | +$127K |
|
2734
CNB Financial Corp
CCNE
$1.02B
| $1.03M | ﹤0.01% |
61,615
+13,093
| +27% | +$220K |
|
|
TBNK
2735
DELISTED
Territorial Bancorp Inc.
TBNK
| $1.03M | ﹤0.01% |
49,548
-553
| -1% | -$11.4K |
|
|
MDCI
2736
DELISTED
MEDICAL ACTION INDS INC
MDCI
| $1.03M | ﹤0.01% |
75,310
-8,335
| -10% | -$60.4K |
|
|
CBPX
2737
DELISTED
CONTINENTAL BUILDING PRODUCTS, INC.
CBPX
| $1.03M | ﹤0.01% |
67,030
+10,381
| +18% | +$170K |
|
|
PBPB
2738
DELISTED
Potbelly
PBPB
| $1.03M | ﹤0.01% |
64,636
+3,738
| +6% | +$61K |
|
2739
Sterling Infrastructure
STRL
$16.4B
| $1.03M | ﹤0.01% |
109,836
+11,242
| +11% | +$95.7K |
|
|
PRGX
2740
DELISTED
PRGX Global, Inc.
PRGX
| $1.02M | ﹤0.01% |
160,119
+5,618
| +4% | +$36.1K |
|
2741
Goldgroup Mining Inc.
GORO
$182M
| $1.02M | ﹤0.01% |
202,094
+5,563
| +3% | +$25.4K |
|
2742
KVH Industries
KVHI
$148M
| $1.02M | ﹤0.01% |
78,415
+486
| +0.6% | +$6.43K |
|
|
DSPG
2743
DELISTED
DSP Group Inc
DSPG
| $1.02M | ﹤0.01% |
120,279
+3,475
| +3% | +$29.5K |
|
|
SWS
2744
DELISTED
SWS GROUP INC
SWS
| $1.02M | ﹤0.01% |
140,338
+2,531
| +2% | +$18.8K |
|
|
SNBC
2745
DELISTED
Sun Bancorp Inc
SNBC
| $1.02M | ﹤0.01% |
50,874
+3,586
| +8% | +$68.7K |
|
|
CTO
2746
CTO Realty Growth
CTO
$811M
| $1.01M | ﹤0.01% |
81,229
+1,419
| +2% | +$16.5K |
|
2747
QuinStreet
QNST
$1.17B
| $1.01M | ﹤0.01% |
183,777
+43,243
| +31% | +$249K |
|
|
MM
2748
DELISTED
MILLENNIAL MEDIA INC COM STK (DE)
MM
| $1.01M | ﹤0.01% |
202,873
+29,739
| +17% | +$150K |
|
|
BKYF
2749
DELISTED
BK KY FINL CORP
BKYF
| $1.01M | ﹤0.01% |
29,104
-907
| -3% | -$31.6K |
|
2750
National Bankshares
NKSH
$267M
| $1.01M | ﹤0.01% |
32,715
+5,337
| +19% | +$177K |
|
Similar funds
Geode Capital Management's Q2 2014 Portfolio in Review
As of Q2 2014, Geode Capital Management held 3,924 positions worth $155B, up 3.7% from $149B the previous quarter. Its ten largest holdings account for 15% of the portfolio.
Geode Capital Management's Q2 2014 filing shows 119 new, 2,245 increased, 1,145 reduced and 87 closed positions. Its largest new stake was Navient: 3,319,977 shares worth $58.8M. The largest sale was Apple, an estimated $219M.
By sector, the portfolio is most concentrated in Financials at 15% of assets, down from 15% a quarter earlier, followed by Technology and Healthcare.
- Geode Capital Management's largest Q2 2014 buy was Navient: 3,319,977 shares worth $58.8M.
- Geode Capital Management added most to Allergan plc in Q2 2014, an estimated $128M increase.
- Geode Capital Management's biggest Q2 2014 reduction was Apple, cutting an estimated $219M.
- Geode Capital Management fully exited BEAM INC COM STK (DE) in Q2 2014, selling an estimated $103M.
- Geode Capital Management's ten largest holdings make up 15% of its $155B portfolio in Q2 2014.
- Geode Capital Management opened 119 new positions and closed 87 in Q2 2014.
- Geode Capital Management's portfolio value rose 3.7% quarter-over-quarter to $155B.
Based on Geode Capital Management's 13F filing for Q2 2014, filed 13 Aug 2014.