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 | |
|---|---|---|---|---|---|---|
3026
UFP Technologies
UFPT
$2.51B
| $597K | ﹤0.01% |
24,803
+947
| +4% | +$23.6K |
|
3027
Village Super Market
VLGEA
$616M
| $595K | ﹤0.01% |
25,196
+591
| +2% | +$14.3K |
|
3028
Consumer Portfolio Services
CPSS
$201M
| $592K | ﹤0.01% |
77,698
+14,727
| +23% | +$109K |
|
3029
Digital Turbine
APPS
$1.74B
| $591K | ﹤0.01% |
149,827
| – | – |
|
3030
Alphatec Holdings
ATEC
$1.47B
| $591K | ﹤0.01% |
30,238
+2,379
| +9% | +$39.9K |
|
|
CTRL
3031
DELISTED
Control4 Corporation
CTRL
| $591K | ﹤0.01% |
30,220
+4,483
| +17% | +$81.3K |
|
|
HDNG
3032
DELISTED
Hardinge Inc
HDNG
| $588K | ﹤0.01% |
46,491
-7,197
| -13% | -$92.5K |
|
|
CUTR
3033
DELISTED
Cutera, Inc.
CUTR
| $587K | ﹤0.01% |
56,514
-11,039
| -16% | -$112K |
|
|
CAJ
3034
DELISTED
Canon, Inc.
CAJ
| $587K | ﹤0.01% |
17,946
+2,353
| +15% | +$75.7K |
|
|
PENX
3035
DELISTED
PENFORD CORP
PENX
| $587K | ﹤0.01% |
45,802
-6,985
| -13% | -$84.7K |
|
|
VITC
3036
DELISTED
VITACOST COM INC COM STK (DE)
VITC
| $587K | ﹤0.01% |
93,856
+943
| +1% | +$6.13K |
|
3037
AMES National
ATLO
$275M
| $586K | ﹤0.01% |
25,344
+487
| +2% | +$10.8K |
|
3038
Oil-Dri
ODC
$1.28B
| $586K | ﹤0.01% |
38,398
-146
| -0.4% | -$2.35K |
|
|
HALL
3039
DELISTED
Hallmark Financial Services, Inc.
HALL
| $586K | ﹤0.01% |
5,459
+643
| +13% | +$59.2K |
|
|
OAKS
3040
DELISTED
Five Oaks Investment Corp.
OAKS
| $584K | ﹤0.01% |
51,735
| – | – |
|
|
UCP
3041
DELISTED
UCP, Inc.
UCP
| $583K | ﹤0.01% |
42,675
+995
| +2% | +$13.9K |
|
|
WSTL
3042
DELISTED
Westell Technologies Inc
WSTL
| $582K | ﹤0.01% |
59,479
-6,686
| -10% | -$77.9K |
|
|
CSCD
3043
DELISTED
CASCADE MICROTECH, INC.
CSCD
| $582K | ﹤0.01% |
42,637
+9,134
| +27% | +$102K |
|
|
TNAV
3044
DELISTED
Telenav Inc.
TNAV
| $579K | ﹤0.01% |
101,920
-56,349
| -36% | -$332K |
|
3045
A10 Networks
ATEN
$2.06B
| $578K | ﹤0.01% |
+43,521
| New | +$547K |
|
|
NOVB
3046
DELISTED
NORTH VALLEY BANCORP-COM
NOVB
| $577K | ﹤0.01% |
26,495
-18
| -0.1% | -$399 |
|
|
QIWI
3047
DELISTED
QIWI PLC
QIWI
| $577K | ﹤0.01% |
+14,328
| New | +$524K |
|
3048
Paramount Gold Nevada
PZG
$132M
| $575K | ﹤0.01% |
599,293
-82,327
| -12% | -$85.1K |
|
|
MCBC
3049
DELISTED
Macatawa Bank Corp
MCBC
| $574K | ﹤0.01% |
113,290
+10,687
| +10% | +$53.7K |
|
|
NM
3050
DELISTED
Navios Maritime Holdings Inc.
NM
| $573K | ﹤0.01% |
+5,663
| New | +$509K |
|
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.