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 | |
|---|---|---|---|---|---|---|
651
Martin Marietta Materials
MLM
$33B
| $29.8M | 0.02% |
225,359
+4,554
| +2% | +$572K |
|
|
RDC
652
DELISTED
Rowan Companies Plc
RDC
| $29.7M | 0.02% |
930,597
-12,128
| -1% | -$380K |
|
653
Carlisle Companies
CSL
$15.4B
| $29.6M | 0.02% |
342,234
+5,862
| +2% | +$487K |
|
|
VAL
654
DELISTED
Valspar
VAL
| $29.6M | 0.02% |
388,903
+13,396
| +4% | +$992K |
|
|
SPN
655
DELISTED
Superior Energy Services, Inc.
SPN
| $29.6M | 0.02% |
81,807
+1,041
| +1% | +$345K |
|
656
Allison Transmission
ALSN
$9.82B
| $29.5M | 0.02% |
947,513
+486,259
| +105% | +$14.7M |
|
|
WWAV
657
DELISTED
The WhiteWave Foods Company
WWAV
| $29.4M | 0.02% |
907,095
+49,911
| +6% | +$1.49M |
|
|
DNB
658
DELISTED
Dun & Bradstreet
DNB
| $29.2M | 0.02% |
264,809
-4,672
| -2% | -$490K |
|
|
PL
659
DELISTED
PROTECTIVE LIFE CORP
PL
| $29.1M | 0.02% |
420,304
+36,683
| +10% | +$2.09M |
|
|
TCO
660
DELISTED
Taubman Centers Inc.
TCO
| $29.1M | 0.02% |
383,705
+8,835
| +2% | +$650K |
|
|
PRE
661
DELISTED
PARTNERRE LTD
PRE
| $29M | 0.02% |
266,002
-9,186
| -3% | -$970K |
|
|
TWTC
662
DELISTED
TW TELECOM INC CL A COM
TWTC
| $29M | 0.02% |
719,623
-11,802
| -2% | -$389K |
|
663
Pediatrix Medical
MD
$2.2B
| $29M | 0.02% |
498,192
+8,254
| +2% | +$486K |
|
664
Jabil
JBL
$35.8B
| $28.9M | 0.02% |
1,382,270
-29,524
| -2% | -$549K |
|
665
Gentex
GNTX
$5.07B
| $28.8M | 0.02% |
1,980,180
+286,550
| +17% | +$4.18M |
|
666
Albemarle
ALB
$15.5B
| $28.8M | 0.02% |
402,837
-3,177
| -0.8% | -$218K |
|
667
Ingredion
INGR
$6.58B
| $28.8M | 0.02% |
383,537
-4,117
| -1% | -$299K |
|
668
Jones Lang LaSalle
JLL
$16.7B
| $28.8M | 0.02% |
227,633
-762
| -0.3% | -$91.8K |
|
|
ROC
669
DELISTED
ROCKWOOD HLDGS INC
ROC
| $28.8M | 0.02% |
378,604
+14,447
| +4% | +$1.06M |
|
|
ITC
670
DELISTED
ITC HOLDINGS CORP
ITC
| $28.8M | 0.02% |
788,478
+17,087
| +2% | +$631K |
|
|
INVX
671
Innovex International
INVX
$1.97B
| $28.8M | 0.02% |
263,190
+13,073
| +5% | +$1.41M |
|
|
TE
672
DELISTED
TECO ENERGY INC
TE
| $28.5M | 0.02% |
1,544,686
+50,045
| +3% | +$880K |
|
|
SUNE
673
DELISTED
SUNEDISON, INC COM
SUNE
| $28.3M | 0.02% |
1,251,568
-34,486
| -3% | -$670K |
|
674
MSCI
MSCI
$40.9B
| $28.1M | 0.02% |
612,213
-10,332
| -2% | -$445K |
|
|
CVC
675
DELISTED
CABLEVISION SYS CP NY GRP CL-A
CVC
| $28M | 0.02% |
1,585,758
+2,824
| +0.2% | +$48.3K |
|
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.