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 | |
|---|---|---|---|---|---|---|
|
CERN
276
DELISTED
Cerner Corp
CERN
| $112M | 0.07% |
2,164,311
-19,680
| -0.9% | -$1.03M |
|
277
Eversource Energy
ES
$27.2B
| $111M | 0.07% |
2,352,591
+13,667
| +0.6% | +$627K |
|
|
FISV
278
Fiserv Inc
FISV
$27.9B
| $111M | 0.07% |
3,672,982
-112,770
| -3% | -$3.34M |
|
279
Progressive
PGR
$125B
| $111M | 0.07% |
4,364,916
+404,227
| +10% | +$10M |
|
280
Motorola Solutions
MSI
$77.4B
| $111M | 0.07% |
1,661,839
+21,928
| +1% | +$1.44M |
|
281
W.W. Grainger
GWW
$60.2B
| $110M | 0.07% |
433,479
-4,921
| -1% | -$1.26M |
|
282
Dover
DOV
$28.4B
| $109M | 0.07% |
1,487,705
-38,333
| -3% | -$2.68M |
|
283
Northern Trust
NTRS
$33.9B
| $109M | 0.07% |
1,694,292
-19,872
| -1% | -$1.22M |
|
284
Bread Financial
BFH
$4.38B
| $109M | 0.07% |
484,437
+9,306
| +2% | +$1.89M |
|
285
Harley-Davidson
HOG
$2.71B
| $109M | 0.07% |
1,555,819
-29,561
| -2% | -$2.08M |
|
286
Liberty Global Class C
LBTYK
$3.49B
| $108M | 0.07% |
3,168,391
-9,522
| -0.3% | -$315K |
|
287
Amphenol
APH
$209B
| $108M | 0.07% |
8,990,240
-80,536
| -0.9% | -$960K |
|
288
FirstEnergy
FE
$27.5B
| $107M | 0.07% |
3,091,618
-21,290
| -0.7% | -$716K |
|
|
GGP
289
DELISTED
GGP Inc.
GGP
| $107M | 0.07% |
4,547,308
+25,218
| +0.6% | +$586K |
|
290
Roper Technologies
ROP
$39.8B
| $107M | 0.07% |
733,621
+12,558
| +2% | +$1.75M |
|
291
Constellation Brands
STZ
$23.2B
| $106M | 0.07% |
1,202,233
+1,783
| +0.1% | +$147K |
|
|
WFM
292
DELISTED
Whole Foods Market Inc
WFM
| $106M | 0.07% |
2,741,779
-3,897
| -0.1% | -$170K |
|
293
BorgWarner
BWA
$13.9B
| $106M | 0.07% |
1,842,327
-35,718
| -2% | -$1.97M |
|
294
DTE Energy
DTE
$29.1B
| $106M | 0.07% |
1,594,766
-18,165
| -1% | -$1.18M |
|
295
Hershey
HSY
$36.6B
| $105M | 0.07% |
1,081,240
-11,738
| -1% | -$1.15M |
|
|
NLSN
296
DELISTED
Nielsen Holdings plc
NLSN
| $105M | 0.07% |
2,172,969
+136,059
| +7% | +$6.33M |
|
297
Pentair
PNR
$11B
| $104M | 0.07% |
2,156,964
-57,670
| -3% | -$2.93M |
|
298
Bath & Body Works
BBWI
$4.1B
| $104M | 0.07% |
2,201,113
+35,197
| +2% | +$1.61M |
|
299
Tesla
TSLA
$1.3T
| $104M | 0.07% |
6,516,255
+222,030
| +4% | +$3.1M |
|
300
Range Resources
RRC
$8.95B
| $104M | 0.07% |
1,199,741
+26,325
| +2% | +$2.36M |
|
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.