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 | |
|---|---|---|---|---|---|---|
|
VRNT
851
DELISTED
Verint Systems
VRNT
| $19.9M | 0.01% |
797,604
+22,072
| +3% | +$519K |
|
|
WPG
852
DELISTED
Washington Prime Group Inc.
WPG
| $19.9M | 0.01% |
+117,987
| New | +$20.5M |
|
|
RAX
853
DELISTED
Rackspace Hosting Inc
RAX
| $19.9M | 0.01% |
591,354
+29,952
| +5% | +$994K |
|
854
Domino's
DPZ
$11.6B
| $19.9M | 0.01% |
272,178
+7,816
| +3% | +$572K |
|
855
A.O. Smith
AOS
$8.7B
| $19.9M | 0.01% |
801,940
+2,368
| +0.3% | +$56.9K |
|
|
CNL
856
DELISTED
CLECO CRP (HOLDING CO)
CNL
| $19.8M | 0.01% |
336,724
+11,422
| +4% | +$595K |
|
|
ARRS
857
DELISTED
ARRIS International plc Ordinary Shares
ARRS
| $19.8M | 0.01% |
609,865
-46,143
| -7% | -$1.36M |
|
|
PNRA
858
DELISTED
Panera Bread Co
PNRA
| $19.8M | 0.01% |
132,048
+1,955
| +2% | +$310K |
|
|
TWO
859
Two Harbors Investment
TWO
$1.27B
| $19.8M | 0.01% |
235,639
+1,657
| +0.7% | +$138K |
|
|
NPSP
860
DELISTED
NPS PHARMACEUTICALS INC
NPSP
| $19.7M | 0.01% |
596,231
+59,172
| +11% | +$1.71M |
|
861
Archrock
AROC
$5.8B
| $19.5M | 0.01% |
434,391
+105,148
| +32% | +$4.54M |
|
862
LPL Financial
LPLA
$28.6B
| $19.5M | 0.01% |
391,626
-38,802
| -9% | -$1.88M |
|
863
Popular Inc
BPOP
$11.1B
| $19.4M | 0.01% |
566,308
+39,176
| +7% | +$1.21M |
|
864
AMC Global Media
AMCX
$489M
| $19.3M | 0.01% |
314,053
+22,452
| +8% | +$1.44M |
|
865
Sensient Technologies
SXT
$5.53B
| $19.3M | 0.01% |
346,386
+22,666
| +7% | +$1.23M |
|
|
TGI
866
DELISTED
Triumph Group
TGI
| $19.3M | 0.01% |
276,309
+7,457
| +3% | +$503K |
|
867
Pacira BioSciences
PCRX
$997M
| $19.3M | 0.01% |
209,799
+23,125
| +12% | +$1.76M |
|
|
CYT
868
DELISTED
CYTEC INDS INC
CYT
| $19.3M | 0.01% |
365,588
+13,694
| +4% | +$677K |
|
869
EnerSys
ENS
$6.99B
| $19.3M | 0.01% |
280,108
-20,768
| -7% | -$1.41M |
|
|
CYN
870
DELISTED
CITY NATIONAL CORPORATION
CYN
| $19.3M | 0.01% |
254,263
+11,841
| +5% | +$878K |
|
871
Timken Company
TKR
$9.03B
| $19.3M | 0.01% |
553,856
-10,335
| -2% | -$468K |
|
|
CIM
872
Chimera Investment
CIM
$1B
| $19.2M | 0.01% |
402,022
-20,778
| -5% | -$977K |
|
873
Brown & Brown
BRO
$23.9B
| $19.2M | 0.01% |
1,251,944
+49,800
| +4% | +$749K |
|
874
Palo Alto Networks
PANW
$297B
| $19.2M | 0.01% |
1,375,506
+51,294
| +4% | +$599K |
|
|
RFMD
875
DELISTED
RF MICRO DEVICES INC
RFMD
| $19.2M | 0.01% |
2,003,697
+508,859
| +34% | +$4.52M |
|
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.