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 | |
|---|---|---|---|---|---|---|
826
MGIC Investment
MTG
$6.25B
| $20.5M | 0.01% |
2,222,427
+474,541
| +27% | +$4.12M |
|
|
CBL
827
DELISTED
CBL& Associates Properties, Inc.
CBL
| $20.5M | 0.01% |
1,078,300
+51,277
| +5% | +$947K |
|
828
Alnylam Pharmaceuticals
ALNY
$29.3B
| $20.5M | 0.01% |
324,208
+10,614
| +3% | +$631K |
|
|
THS
829
DELISTED
Treehouse Foods
THS
| $20.5M | 0.01% |
255,609
+14,047
| +6% | +$1.05M |
|
|
TWTR
830
DELISTED
Twitter, Inc.
TWTR
| $20.5M | 0.01% |
499,587
+137,675
| +38% | +$5.21M |
|
|
TUP
831
DELISTED
Tupperware Brands Corporation
TUP
| $20.5M | 0.01% |
244,457
+1,038
| +0.4% | +$87.2K |
|
|
KOG
832
DELISTED
KODIAK OIL & GAS CORP
KOG
| $20.4M | 0.01% |
1,404,374
+36,328
| +3% | +$472K |
|
|
WCC
833
WESCO International
WCC
$17.7B
| $20.4M | 0.01% |
236,109
+3,846
| +2% | +$336K |
|
834
Tanger
SKT
$4.52B
| $20.3M | 0.01% |
581,643
+22,068
| +4% | +$785K |
|
|
LSI
835
DELISTED
Life Storage, Inc.
LSI
| $20.3M | 0.01% |
394,721
+15,332
| +4% | +$776K |
|
836
Curtiss-Wright
CW
$25.5B
| $20.2M | 0.01% |
308,742
+11,387
| +4% | +$747K |
|
837
Brookdale Senior Living
BKD
$3.4B
| $20.2M | 0.01% |
605,823
+107,229
| +22% | +$3.49M |
|
838
SS&C Technologies
SSNC
$18.6B
| $20.2M | 0.01% |
913,458
+3,020
| +0.3% | +$62.5K |
|
839
Hexcel
HXL
$7.82B
| $20.2M | 0.01% |
493,262
+6,531
| +1% | +$272K |
|
840
Targa Resources
TRGP
$55.1B
| $20.2M | 0.01% |
144,466
-7,664
| -5% | -$881K |
|
841
Prosperity Bancshares
PB
$8.89B
| $20.1M | 0.01% |
321,842
+20,318
| +7% | +$1.23M |
|
|
SIX
842
DELISTED
Six Flags Entertainment Corp.
SIX
| $20.1M | 0.01% |
473,138
+31,669
| +7% | +$1.29M |
|
|
INFA
843
DELISTED
INFORMATICA CORP
INFA
| $20.1M | 0.01% |
564,669
+2,736
| +0.5% | +$101K |
|
844
Commerce Bancshares
CBSH
$8.5B
| $20.1M | 0.01% |
775,065
-91,633
| -11% | -$2.27M |
|
845
Teradyne
TER
$59.3B
| $20.1M | 0.01% |
1,023,274
+8,140
| +0.8% | +$151K |
|
|
ATML
846
DELISTED
ATMEL CORP
ATML
| $20.1M | 0.01% |
2,140,412
+14,111
| +0.7% | +$118K |
|
847
Generac Holdings
GNRC
$12.5B
| $20M | 0.01% |
411,238
-13,477
| -3% | -$709K |
|
848
W.P. Carey
WPC
$16.4B
| $20M | 0.01% |
317,562
+22,218
| +8% | +$1.35M |
|
849
Sunstone Hotel Investors
SHO
$2.06B
| $20M | 0.01% |
1,339,615
+157,323
| +13% | +$2.25M |
|
|
PAY
850
DELISTED
Verifone Systems Inc
PAY
| $19.9M | 0.01% |
542,406
-8,364
| -2% | -$285K |
|
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.