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 | |
|---|---|---|---|---|---|---|
|
ZIXI
2801
DELISTED
Zix Corporation
ZIXI
| $938K | ﹤0.01% |
274,318
+2,863
| +1% | +$10.1K |
|
|
DRRX
2802
DELISTED
DURECT Corp
DRRX
| $937K | ﹤0.01% |
51,493
-26
| -0.1% | -$365 |
|
2803
National Grid
NGG
$80.5B
| $930K | ﹤0.01% |
12,971
+2,653
| +26% | +$184K |
|
2804
Malibu Boats
MBUU
$578M
| $927K | ﹤0.01% |
46,147
+7,878
| +21% | +$162K |
|
|
STEW
2805
SRH Total Return Fund
STEW
$1.82B
| – | – |
0
| – | – |
|
|
IVAC
2806
DELISTED
Intevac Inc
IVAC
| $918K | ﹤0.01% |
114,686
+24,786
| +28% | +$200K |
|
|
PPBI
2807
DELISTED
Pacific Premier Bancorp
PPBI
| $916K | ﹤0.01% |
65,021
+544
| +0.8% | +$7.96K |
|
|
SPDC
2808
DELISTED
SPEED COMMERCE, INC COM STK
SPDC
| $916K | ﹤0.01% |
245,172
+1,871
| +0.8% | +$6.41K |
|
|
ENZ
2809
DELISTED
Enzo Biochem, Inc.
ENZ
| $912K | ﹤0.01% |
173,734
+24,484
| +16% | +$106K |
|
2810
Cineverse
CNVS
$64.9M
| $907K | ﹤0.01% |
1,823
+443
| +32% | +$226K |
|
2811
Prudential
PUK
$34.2B
| $905K | ﹤0.01% |
20,348
+3,236
| +19% | +$144K |
|
|
PWOD
2812
DELISTED
Penns Woods Bancorp
PWOD
| $905K | ﹤0.01% |
28,841
+11
| +0% | +$332 |
|
2813
Ericsson
ERIC
$33.1B
| $904K | ﹤0.01% |
74,924
+4,670
| +7% | +$58.1K |
|
|
ASXC
2814
DELISTED
Asensus Surgical, Inc.
ASXC
| $904K | ﹤0.01% |
+13,806
| New | +$797K |
|
|
EMCI
2815
DELISTED
EMC INS Group Inc
EMCI
| $904K | ﹤0.01% |
44,076
+609
| +1% | +$13.3K |
|
|
SNAK
2816
DELISTED
Inventure Foods, Inc.
SNAK
| $904K | ﹤0.01% |
80,279
+1,461
| +2% | +$18.5K |
|
2817
Vicor
VICR
$9.88B
| $888K | ﹤0.01% |
106,160
+14,896
| +16% | +$121K |
|
2818
Ambev
ABEV
$44.7B
| $887K | ﹤0.01% |
126,000
| – | – |
|
2819
West Bancorporation
WTBA
$493M
| $887K | ﹤0.01% |
58,267
+12,104
| +26% | +$178K |
|
|
HCCI
2820
DELISTED
Heritage-Crystal Clean, Inc.
HCCI
| $886K | ﹤0.01% |
45,179
+1,914
| +4% | +$32.1K |
|
2821
Build-A-Bear
BBW
$469M
| $885K | ﹤0.01% |
66,283
+11,830
| +22% | +$154K |
|
|
BCV
2822
Bancroft Fund
BCV
$141M
| $882K | ﹤0.01% |
43,719
+6,236
| +17% | +$124K |
|
|
MBII
2823
DELISTED
Marrone Bio Innovations, Inc.
MBII
| $882K | ﹤0.01% |
75,977
+46,105
| +154% | +$522K |
|
2824
FRP Holdings
FRPH
$420M
| $881K | ﹤0.01% |
50,420
+2,082
| +4% | +$35.7K |
|
|
CUNB
2825
DELISTED
CU Bancorp
CUNB
| $879K | ﹤0.01% |
46,101
+11,722
| +34% | +$217K |
|
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.