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 | |
|---|---|---|---|---|---|---|
|
WRI
751
DELISTED
Weingarten Realty Investors
WRI
| $23.8M | 0.02% |
725,066
+54,337
| +8% | +$1.71M |
|
752
NVR
NVR
$17B
| $23.8M | 0.02% |
20,689
-311
| -1% | -$347K |
|
|
BEE
753
DELISTED
STRATEGIC HOTELS & RESORTS, INC
BEE
| $23.8M | 0.02% |
2,029,018
+594,127
| +41% | +$6.42M |
|
754
Eagle Materials
EXP
$6.57B
| $23.7M | 0.02% |
251,372
+159
| +0.1% | +$13.9K |
|
755
Essential Utilities
WTRG
$11.4B
| $23.7M | 0.02% |
902,854
-10,380
| -1% | -$261K |
|
|
STRZA
756
DELISTED
Starz - Series A
STRZA
| $23.5M | 0.02% |
788,715
+101,343
| +15% | +$3.09M |
|
757
Ionis Pharmaceuticals
IONS
$9.4B
| $23.5M | 0.02% |
681,834
-1,752
| -0.3% | -$55.2K |
|
|
DRC
758
DELISTED
DRESSER-RAND GROUP INC
DRC
| $23.5M | 0.02% |
368,001
+13,964
| +4% | +$852K |
|
759
Align Technology
ALGN
$12.3B
| $23.4M | 0.02% |
417,428
-48,919
| -10% | -$2.54M |
|
|
TEN
760
DELISTED
Tenneco Inc. Class A Voting Common Stock
TEN
| $23.4M | 0.02% |
355,889
+32,382
| +10% | +$2.01M |
|
|
DST
761
DELISTED
DST Systems Inc.
DST
| $23.3M | 0.02% |
506,488
+89,112
| +21% | +$4.1M |
|
762
Omega Healthcare
OHI
$14.7B
| $23.3M | 0.02% |
632,857
+58,055
| +10% | +$2.07M |
|
763
AXIS Capital
AXS
$7.55B
| $23.3M | 0.02% |
526,839
-63,374
| -11% | -$2.9M |
|
|
KATE
764
DELISTED
Kate Spade & Company
KATE
| $23.3M | 0.02% |
611,164
-19,285
| -3% | -$691K |
|
765
Highwoods Properties
HIW
$3.47B
| $23.3M | 0.02% |
555,522
+29,077
| +6% | +$1.17M |
|
|
WP
766
DELISTED
Worldpay, Inc.
WP
| $23.3M | 0.02% |
692,568
+40,645
| +6% | +$1.25M |
|
767
NewMarket
NEU
$8.18B
| $23.2M | 0.02% |
59,249
-449
| -0.8% | -$173K |
|
|
ESL
768
DELISTED
Esterline Technologies
ESL
| $23.2M | 0.02% |
201,425
+11,956
| +6% | +$1.32M |
|
769
Terex
TEX
$7.74B
| $23.2M | 0.02% |
564,152
+7,162
| +1% | +$291K |
|
|
SLH
770
DELISTED
SOLERA HOLDINGS, INC. COM
SLH
| $23.1M | 0.01% |
344,122
+6,886
| +2% | +$449K |
|
|
DYN
771
DELISTED
Dynegy, Inc.
DYN
| $23.1M | 0.01% |
663,974
+144,955
| +28% | +$4.48M |
|
772
Teleflex
TFX
$5.98B
| $23M | 0.01% |
218,179
+3,931
| +2% | +$412K |
|
773
AptarGroup
ATR
$8.61B
| $23M | 0.01% |
343,145
+6,335
| +2% | +$421K |
|
774
Graham Holdings Company
GHC
$5.02B
| $23M | 0.01% |
52,991
-2,369
| -4% | -$986K |
|
|
OPLN
775
Openlane
OPLN
$4.54B
| $23M | 0.01% |
1,905,276
+209,878
| +12% | +$2.42M |
|
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.