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 | |
|---|---|---|---|---|---|---|
676
Patterson-UTI
PTEN
$3.76B
| $28M | 0.02% |
799,972
-8,437
| -1% | -$277K |
|
|
HOUS
677
DELISTED
Anywhere Real Estate
HOUS
| $27.8M | 0.02% |
737,158
+31,581
| +4% | +$1.23M |
|
|
PPLI
678
People Inc
PPLI
$3.1B
| $27.8M | 0.02% |
2,245,258
+105,160
| +5% | +$1.26M |
|
679
AGCO
AGCO
$7.2B
| $27.5M | 0.02% |
489,259
-6,728
| -1% | -$372K |
|
680
Voya Financial
VOYA
$9.19B
| $27.5M | 0.02% |
756,652
+62,644
| +9% | +$2.24M |
|
|
CIE
681
DELISTED
Cobalt International Energy, Inc
CIE
| $27.4M | 0.02% |
99,751
+4,846
| +5% | +$1.32M |
|
|
GWR
682
DELISTED
Genesee & Wyoming Inc.
GWR
| $27.4M | 0.02% |
261,365
+8,408
| +3% | +$827K |
|
683
Reinsurance Group of America
RGA
$16.1B
| $27.4M | 0.02% |
347,633
-16,671
| -5% | -$1.3M |
|
|
GPOR
684
DELISTED
Gulfport Energy Corp.
GPOR
| $27.4M | 0.02% |
436,483
+7,735
| +2% | +$519K |
|
685
AutoNation
AN
$6.92B
| $27.2M | 0.02% |
456,266
+9,386
| +2% | +$519K |
|
686
Atmos Energy
ATO
$28.8B
| $27.1M | 0.02% |
507,433
+4,072
| +0.8% | +$206K |
|
|
SAVE
687
DELISTED
Spirit Airlines, Inc.
SAVE
| $27M | 0.02% |
426,773
-50,108
| -11% | -$2.96M |
|
|
NUAN
688
DELISTED
Nuance Communications, Inc.
NUAN
| $27M | 0.02% |
1,659,264
-14,994
| -0.9% | -$217K |
|
689
Royal Gold
RGLD
$19.5B
| $26.9M | 0.02% |
353,727
+11,985
| +4% | +$792K |
|
690
Community Health Systems
CYH
$423M
| $26.8M | 0.02% |
715,866
+22,111
| +3% | +$736K |
|
691
Huntington Ingalls Industries
HII
$12.8B
| $26.8M | 0.02% |
283,543
+36,394
| +15% | +$3.64M |
|
|
CBST
692
DELISTED
CUBIST PHARMACEUTICALS INC
CBST
| $26.8M | 0.02% |
383,842
+19,058
| +5% | +$1.3M |
|
693
Chord Energy
CHRD
$7.39B
| $26.8M | 0.02% |
479,085
+7,691
| +2% | +$372K |
|
|
HCC
694
DELISTED
HCC INSURANCES HOLDINGS INC
HCC
| $26.7M | 0.02% |
546,171
+19,278
| +4% | +$898K |
|
695
Donaldson
DCI
$11.4B
| $26.7M | 0.02% |
630,254
-46,303
| -7% | -$1.93M |
|
696
Starwood Property Trust
STWD
$6.09B
| $26.7M | 0.02% |
1,121,943
+149,906
| +15% | +$3.57M |
|
|
QCOR
697
DELISTED
QUESTCOR PHARMA INC
QCOR
| $26.6M | 0.02% |
287,979
-120,591
| -30% | -$10.3M |
|
698
Huntsman Corp
HUN
$1.77B
| $26.6M | 0.02% |
946,432
-12,594
| -1% | -$330K |
|
699
Centene
CNC
$32.5B
| $26.5M | 0.02% |
1,399,704
+159,644
| +13% | +$2.74M |
|
700
United Therapeutics
UTHR
$23.1B
| $26.5M | 0.02% |
298,967
+18,536
| +7% | +$1.78M |
|
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.