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 | |
|---|---|---|---|---|---|---|
901
Dillards
DDS
$9.56B
| $18.3M | 0.01% |
156,889
+33,191
| +27% | +$3.47M |
|
|
SEMG
902
DELISTED
SEMGROUP CORPORATION
SEMG
| $18.2M | 0.01% |
231,178
+5,539
| +2% | +$376K |
|
903
Crane NXT
CXT
$3.07B
| $18.2M | 0.01% |
705,269
+35,009
| +5% | +$884K |
|
904
The GEO Group
GEO
$4.04B
| $18.2M | 0.01% |
764,351
-31,230
| -4% | -$703K |
|
|
ROSE
905
DELISTED
ROSETTA RESOURCES INC
ROSE
| $18.2M | 0.01% |
331,929
+7,865
| +2% | +$382K |
|
906
Belden
BDC
$5.19B
| $18.2M | 0.01% |
232,737
+9,653
| +4% | +$708K |
|
|
UNT
907
DELISTED
UNIT Corporation
UNT
| $18.1M | 0.01% |
262,924
+30,174
| +13% | +$1.97M |
|
908
KBR
KBR
$4.8B
| $18.1M | 0.01% |
758,305
+11,729
| +2% | +$294K |
|
909
Clean Harbors
CLH
$16.3B
| $18M | 0.01% |
280,545
+14,187
| +5% | +$844K |
|
910
Lamar Advertising Co
LAMR
$16.3B
| $18M | 0.01% |
339,251
+5,463
| +2% | +$276K |
|
911
Hyatt Hotels
H
$16.7B
| $17.9M | 0.01% |
294,358
-3,705
| -1% | -$214K |
|
912
Carter's
CRI
$1.47B
| $17.9M | 0.01% |
260,126
+4,109
| +2% | +$298K |
|
913
Diamondback Energy
FANG
$52.7B
| $17.9M | 0.01% |
201,606
+18,010
| +10% | +$1.37M |
|
|
SAFM
914
DELISTED
Sanderson Farms Inc
SAFM
| $17.9M | 0.01% |
184,179
+9,839
| +6% | +$851K |
|
915
United Natural Foods
UNFI
$2.85B
| $17.9M | 0.01% |
274,290
+7,721
| +3% | +$516K |
|
916
Sally Beauty Holdings
SBH
$1.58B
| $17.8M | 0.01% |
709,790
+21,766
| +3% | +$562K |
|
|
APOL
917
DELISTED
Apollo Education Group Inc Class A
APOL
| $17.8M | 0.01% |
569,569
-18,355
| -3% | -$528K |
|
|
DNY
918
DELISTED
DONNELLEY R R & SONS CO
DNY
| $17.7M | 0.01% |
1,046,317
+32,812
| +3% | +$556K |
|
|
WOOF
919
DELISTED
VCA Inc.
WOOF
| $17.7M | 0.01% |
504,326
+5,906
| +1% | +$192K |
|
|
SGI
920
Somnigroup International
SGI
$13.7B
| $17.7M | 0.01% |
1,184,500
+20,032
| +2% | +$268K |
|
921
Deluxe
DLX
$1.15B
| $17.7M | 0.01% |
301,625
+6,254
| +2% | +$342K |
|
|
PRXL
922
DELISTED
Parexel International Corp
PRXL
| $17.6M | 0.01% |
333,480
+14,394
| +5% | +$722K |
|
|
HNT
923
DELISTED
HEALTH NET INC
HNT
| $17.6M | 0.01% |
423,335
+17,904
| +4% | +$667K |
|
924
Woodward
WWD
$21.4B
| $17.6M | 0.01% |
350,377
+5,445
| +2% | +$248K |
|
925
Zillow
ZG
$7.63B
| $17.6M | 0.01% |
368,892
-2,799
| -0.8% | -$103K |
|
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.