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 | |
|---|---|---|---|---|---|---|
|
HCBK
576
DELISTED
HUDSON CITY BANCORP INC
HCBK
| $35.8M | 0.02% |
3,647,490
-50,576
| -1% | -$498K |
|
|
CBI
577
DELISTED
Chicago Bridge & Iron Nv
CBI
| $35.8M | 0.02% |
524,578
+11,141
| +2% | +$886K |
|
|
JAH
578
DELISTED
JARDEN CORPORATION
JAH
| $35.8M | 0.02% |
903,549
+19,633
| +2% | +$748K |
|
579
Willis Towers Watson
WTW
$32B
| $35.6M | 0.02% |
310,300
+4,915
| +2% | +$553K |
|
|
GRA
580
DELISTED
W.R. Grace & Co.
GRA
| $35.6M | 0.02% |
376,255
+6,238
| +2% | +$588K |
|
581
SM Energy
SM
$6.87B
| $35.5M | 0.02% |
422,235
+100,478
| +31% | +$7.7M |
|
|
RAD
582
DELISTED
Rite Aid Corporation
RAD
| $35.4M | 0.02% |
247,134
-26,114
| -10% | -$3.85M |
|
583
Assurant
AIZ
$14.3B
| $35.4M | 0.02% |
540,961
-8,114
| -1% | -$542K |
|
584
Avery Dennison
AVY
$13.4B
| $35.4M | 0.02% |
691,502
-16,815
| -2% | -$834K |
|
585
ResMed
RMD
$30.7B
| $35.4M | 0.02% |
698,667
+20,355
| +3% | +$1.01M |
|
586
GameStop
GME
$8.6B
| $35.3M | 0.02% |
3,488,284
-92,500
| -3% | -$906K |
|
|
FRC
587
DELISTED
First Republic Bank
FRC
| $35.3M | 0.02% |
641,324
+16,817
| +3% | +$884K |
|
|
OCR
588
DELISTED
OMNICARE INC
OCR
| $35.1M | 0.02% |
527,533
-6,507
| -1% | -$404K |
|
|
PBCT
589
DELISTED
People's United Financial Inc
PBCT
| $35.1M | 0.02% |
2,315,004
-33,582
| -1% | -$491K |
|
590
MDU Resources
MDU
$4.32B
| $35M | 0.02% |
2,624,844
+37,092
| +1% | +$485K |
|
591
Leggett & Platt
LEG
$1.31B
| $35M | 0.02% |
1,020,964
-34,024
| -3% | -$1.13M |
|
592
Packaging Corp of America
PKG
$22.8B
| $34.9M | 0.02% |
488,848
-43,654
| -8% | -$3M |
|
593
Alliant Energy
LNT
$18B
| $34.9M | 0.02% |
1,145,596
+2,084
| +0.2% | +$60.4K |
|
594
Core Laboratories
CLB
$521M
| $34.8M | 0.02% |
208,575
+4,101
| +2% | +$730K |
|
595
Mid-America Apartment Communities
MAA
$15.7B
| $34.8M | 0.02% |
476,783
+26,900
| +6% | +$1.9M |
|
596
JB Hunt Transport Services
JBHT
$25.2B
| $34.8M | 0.02% |
471,865
+3,610
| +0.8% | +$274K |
|
|
TW
597
DELISTED
TOWERS WATSON & CO COM STK CL A (DE)
TW
| $34.8M | 0.02% |
333,781
+5,298
| +2% | +$579K |
|
598
Nasdaq
NDAQ
$52.9B
| $34.8M | 0.02% |
2,701,929
-182,607
| -6% | -$2.23M |
|
599
Alexandria Real Estate Equities
ARE
$8.56B
| $34.7M | 0.02% |
446,573
+13,699
| +3% | +$1.03M |
|
|
CLR
600
DELISTED
CONTINENTAL RESOURCES INC.
CLR
| $34.7M | 0.02% |
438,724
+6,650
| +2% | +$462K |
|
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.