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 | |
|---|---|---|---|---|---|---|
451
Quanta Services
PWR
$101B
| $55M | 0.04% |
1,592,678
-19,417
| -1% | -$672K |
|
452
SiriusXM
SIRI
$10.1B
| $54.7M | 0.04% |
1,580,503
-29,348
| -2% | -$955K |
|
453
Lennar Class A
LEN
$21.2B
| $53.9M | 0.03% |
1,350,320
-16,089
| -1% | -$610K |
|
454
Cincinnati Financial
CINF
$27.1B
| $53.7M | 0.03% |
1,118,895
-24,559
| -2% | -$1.19M |
|
|
SPLS
455
DELISTED
Staples Inc
SPLS
| $53.2M | 0.03% |
4,914,412
-95,052
| -2% | -$1.13M |
|
456
Globe Life
GL
$14.3B
| $53.2M | 0.03% |
975,072
-32,112
| -3% | -$1.72M |
|
457
Skyworks Solutions
SWKS
$10.6B
| $53.1M | 0.03% |
1,130,126
+114,459
| +11% | +$4.82M |
|
|
GAS
458
DELISTED
AGL Resources Inc
GAS
| $52.8M | 0.03% |
960,289
+59,740
| +7% | +$3.14M |
|
459
Equinix
EQIX
$103B
| $52.8M | 0.03% |
251,410
+3,189
| +1% | +$614K |
|
|
TRW
460
DELISTED
TRW AUTOMOTIVE HOLDINGS CORP
TRW
| $52.7M | 0.03% |
589,352
-15,497
| -3% | -$1.29M |
|
461
Snap-on
SNA
$21.5B
| $52.6M | 0.03% |
443,975
-7,264
| -2% | -$840K |
|
|
HBI
462
DELISTED
Hanesbrands
HBI
| $52.6M | 0.03% |
2,135,412
+6,376
| +0.3% | +$132K |
|
463
Xylem
XYL
$28.1B
| $52.5M | 0.03% |
1,343,406
-41,077
| -3% | -$1.53M |
|
464
Jacobs Solutions
J
$17B
| $52.4M | 0.03% |
1,189,896
-15,336
| -1% | -$730K |
|
|
ARG
465
DELISTED
Airgas Inc
ARG
| $52.4M | 0.03% |
481,259
-413
| -0.1% | -$44.1K |
|
|
HAR
466
DELISTED
Harman International Industries
HAR
| $52.3M | 0.03% |
487,050
-27,205
| -5% | -$2.89M |
|
|
TGNA
467
DELISTED
TEGNA Inc
TGNA
| $52.2M | 0.03% |
3,187,238
-55,496
| -2% | -$813K |
|
|
POM
468
DELISTED
PEPCO HOLDINGS, INC.
POM
| $52M | 0.03% |
1,892,104
-4,873
| -0.3% | -$124K |
|
469
Celanese
CE
$4.82B
| $51.8M | 0.03% |
806,200
+46,446
| +6% | +$2.82M |
|
470
D.R. Horton
DHI
$42.3B
| $51.6M | 0.03% |
2,099,673
-6,624
| -0.3% | -$151K |
|
|
BEAV
471
DELISTED
B/E Aerospace Inc
BEAV
| $51.1M | 0.03% |
763,235
+82,594
| +12% | +$5.5M |
|
472
Pultegroup
PHM
$25.3B
| $50.9M | 0.03% |
2,525,867
+37,541
| +2% | +$721K |
|
473
American Water Works
AWK
$26.9B
| $50.9M | 0.03% |
1,029,085
+22,461
| +2% | +$1.06M |
|
474
Henry Schein
HSIC
$9.82B
| $50.7M | 0.03% |
1,090,719
+10,738
| +1% | +$491K |
|
|
ENDP
475
DELISTED
Endo International plc
ENDP
| $50.5M | 0.03% |
720,968
+40,863
| +6% | +$2.73M |
|
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.