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 | |
|---|---|---|---|---|---|---|
|
STR
776
DELISTED
QUESTAR CORP
STR
| $22.9M | 0.01% |
924,413
+1,207
| +0.1% | +$28.7K |
|
|
TMH
777
DELISTED
Team Health Holdings Inc
TMH
| $22.9M | 0.01% |
458,173
+8,651
| +2% | +$418K |
|
778
Zebra Technologies
ZBRA
$17.8B
| $22.8M | 0.01% |
277,370
-20,958
| -7% | -$1.53M |
|
779
NNN REIT
NNN
$8.99B
| $22.8M | 0.01% |
613,039
+3,098
| +0.5% | +$109K |
|
780
Sonoco
SON
$5.74B
| $22.8M | 0.01% |
518,014
+7,318
| +1% | +$309K |
|
781
American Financial Group
AFG
$12.1B
| $22.7M | 0.01% |
381,607
-11,484
| -3% | -$669K |
|
|
CNQR
782
DELISTED
CONCUR TECHNOLOGIES INC
CNQR
| $22.6M | 0.01% |
242,441
+2,595
| +1% | +$227K |
|
783
ITT
ITT
$19.1B
| $22.5M | 0.01% |
467,147
+21,094
| +5% | +$938K |
|
784
CoreCivic
CXW
$3.19B
| $22.5M | 0.01% |
683,619
+52,896
| +8% | +$1.73M |
|
785
Synaptics
SYNA
$4.15B
| $22.3M | 0.01% |
246,551
+61,742
| +33% | +$4.18M |
|
786
Hain Celestial
HAIN
$53.7M
| $22.3M | 0.01% |
502,434
-9,402
| -2% | -$419K |
|
|
SRC
787
DELISTED
SPIRIT REALTY CAPITAL, INC.
SRC
| $22.2M | 0.01% |
435,947
+36,060
| +9% | +$1.79M |
|
788
MSC Industrial Direct
MSM
$6.86B
| $22.1M | 0.01% |
230,723
-113
| -0% | -$10.3K |
|
789
Owens Corning
OC
$12.4B
| $22M | 0.01% |
569,891
+6,102
| +1% | +$251K |
|
|
AWH
790
DELISTED
Allied World Assurance Co Hld Lt
AWH
| $22M | 0.01% |
579,319
+101,215
| +21% | +$3.69M |
|
|
OA
791
DELISTED
Orbital ATK, Inc.
OA
| $22M | 0.01% |
164,198
-9,772
| -6% | -$1.35M |
|
|
SGEN
792
DELISTED
Seagen Inc. Common Stock
SGEN
| $22M | 0.01% |
574,841
+14,484
| +3% | +$548K |
|
793
Manitowoc
MTW
$675M
| $22M | 0.01% |
737,829
+13,802
| +2% | +$367K |
|
|
PACW
794
DELISTED
PacWest Bancorp
PACW
| $21.9M | 0.01% |
507,553
+304,710
| +150% | +$12.7M |
|
795
Yelp
YELP
$1.41B
| $21.8M | 0.01% |
284,804
+6,869
| +2% | +$447K |
|
796
WEX
WEX
$6.31B
| $21.7M | 0.01% |
207,107
+1,509
| +0.7% | +$144K |
|
797
Steel Dynamics
STLD
$37.6B
| $21.7M | 0.01% |
1,208,584
+28,414
| +2% | +$511K |
|
|
EV
798
DELISTED
Eaton Vance Corp.
EV
| $21.7M | 0.01% |
573,299
-23,052
| -4% | -$851K |
|
799
Live Nation Entertainment
LYV
$42.1B
| $21.6M | 0.01% |
873,042
+60,670
| +7% | +$1.36M |
|
|
BWLD
800
DELISTED
Buffalo Wild Wings, Inc.
BWLD
| $21.4M | 0.01% |
129,379
+844
| +0.7% | +$124K |
|
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.