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 | |
|---|---|---|---|---|---|---|
401
Unum
UNM
$14.3B
| $67.4M | 0.04% |
1,941,559
-91,150
| -4% | -$3.11M |
|
402
SL Green Realty
SLG
$3.99B
| $67.3M | 0.04% |
635,784
+19,033
| +3% | +$1.97M |
|
403
McCormick & Company Non-Voting
MKC
$14.2B
| $67.3M | 0.04% |
1,880,244
-22,804
| -1% | -$814K |
|
404
Tapestry
TPR
$32.8B
| $67.2M | 0.04% |
1,967,941
-40,352
| -2% | -$1.73M |
|
405
Western Union
WU
$2.21B
| $66.6M | 0.04% |
3,841,499
-136,037
| -3% | -$2.2M |
|
406
SBA Communications
SBAC
$19.5B
| $66.3M | 0.04% |
648,438
+10,048
| +2% | +$965K |
|
407
International Flavors & Fragrances
IFF
$21.9B
| $66.2M | 0.04% |
635,049
-7,075
| -1% | -$696K |
|
|
PLL
408
DELISTED
PALL CORP
PLL
| $66M | 0.04% |
773,676
-9,866
| -1% | -$844K |
|
|
XL
409
DELISTED
XL Group Ltd.
XL
| $66M | 0.04% |
2,018,315
-20,675
| -1% | -$663K |
|
410
Equifax
EFX
$21.4B
| $65.1M | 0.04% |
898,540
+4,911
| +0.5% | +$345K |
|
411
H&R Block
HRB
$5.86B
| $65M | 0.04% |
1,941,417
-23,716
| -1% | -$706K |
|
412
Genworth Financial
GNW
$3.71B
| $64.9M | 0.04% |
3,731,164
+7,594
| +0.2% | +$133K |
|
413
Ball Corp
BALL
$16.8B
| $64.7M | 0.04% |
2,066,366
+37,672
| +2% | +$1.1M |
|
414
Expeditors International
EXPD
$23.2B
| $64.7M | 0.04% |
1,465,122
-29,164
| -2% | -$1.25M |
|
|
HSP
415
DELISTED
HOSPIRA INC
HSP
| $64.4M | 0.04% |
1,253,762
-12,045
| -1% | -$572K |
|
416
CBRE Group
CBRE
$42.9B
| $63.3M | 0.04% |
1,976,877
-21,659
| -1% | -$625K |
|
417
Labcorp
LH
$25.9B
| $63.2M | 0.04% |
718,861
+4,286
| +0.6% | +$371K |
|
418
Waters Corp
WAT
$39.9B
| $63M | 0.04% |
603,845
-4,847
| -0.8% | -$510K |
|
419
L3Harris
LHX
$53.4B
| $62.8M | 0.04% |
829,969
-19,227
| -2% | -$1.43M |
|
420
Herc Holdings
HRI
$5.61B
| $62.8M | 0.04% |
746,503
+24,753
| +3% | +$2.09M |
|
421
Mohawk Industries
MHK
$9.22B
| $62.5M | 0.04% |
452,174
-5,241
| -1% | -$708K |
|
422
F5
FFIV
$22.7B
| $62.5M | 0.04% |
560,781
+4,887
| +0.9% | +$526K |
|
423
CMS Energy
CMS
$22.3B
| $62.4M | 0.04% |
2,005,843
-10,687
| -0.5% | -$318K |
|
|
SNI
424
DELISTED
Scripps Networks Interactive, Inc Common Class A
SNI
| $62.3M | 0.04% |
767,975
-17,978
| -2% | -$1.38M |
|
425
Quest Diagnostics
DGX
$26.3B
| $62.2M | 0.04% |
1,060,473
-11,366
| -1% | -$666K |
|
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.