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 | |
|---|---|---|---|---|---|---|
|
PNY
951
DELISTED
PIEDMONT NATURAL GAS CO INC(NC
PNY
| $16.4M | 0.01% |
438,075
+23,030
| +6% | +$824K |
|
|
HR
952
DELISTED
Healthcare Realty Trust Incorporated
HR
| $16.4M | 0.01% |
643,950
+27,689
| +4% | +$691K |
|
953
Bio-Techne
TECH
$11.3B
| $16.3M | 0.01% |
706,248
+16,232
| +2% | +$359K |
|
954
Workday
WDAY
$44.6B
| $16.3M | 0.01% |
181,958
+29,919
| +20% | +$2.35M |
|
|
AOL
955
DELISTED
AOL INC COMMON STOCK
AOL
| $16.3M | 0.01% |
409,418
+8,165
| +2% | +$322K |
|
956
Idacorp
IDA
$8.13B
| $16.2M | 0.01% |
280,453
+12,713
| +5% | +$702K |
|
957
Brinker International
EAT
$9.7B
| $16.2M | 0.01% |
333,245
+5,647
| +2% | +$283K |
|
958
First American
FAF
$7.45B
| $16.2M | 0.01% |
583,176
-137,549
| -19% | -$3.75M |
|
959
Compass Minerals
CMP
$1.12B
| $16.2M | 0.01% |
168,872
+12,680
| +8% | +$1.14M |
|
960
Diamondrock Hospitality Co
DRH
$2.49B
| $16.1M | 0.01% |
1,259,194
+86,859
| +7% | +$1.07M |
|
|
RPAI
961
DELISTED
RETAIL PROPERTIES OF AMERICA, INC.
RPAI
| $16.1M | 0.01% |
1,047,504
+56,463
| +6% | +$829K |
|
962
Gaming and Leisure Properties
GLPI
$12.5B
| $16.1M | 0.01% |
473,929
+11,292
| +2% | +$395K |
|
963
GATX Corp
GATX
$6.22B
| $16M | 0.01% |
239,541
-1,552
| -0.6% | -$101K |
|
|
ATW
964
DELISTED
Atwood Oceanics
ATW
| $16M | 0.01% |
304,762
+8,406
| +3% | +$414K |
|
|
CRR
965
DELISTED
Carbo Ceramics Inc.
CRR
| $16M | 0.01% |
103,722
+2,347
| +2% | +$323K |
|
966
EPR Properties
EPR
$4.65B
| $15.9M | 0.01% |
285,060
+10,241
| +4% | +$555K |
|
967
Sprouts Farmers Market
SFM
$8.08B
| $15.9M | 0.01% |
484,701
+258,171
| +114% | +$8.04M |
|
|
BDN
968
Brandywine Realty Trust
BDN
$532M
| $15.9M | 0.01% |
1,016,131
+49,285
| +5% | +$741K |
|
|
LXK
969
DELISTED
Lexmark Intl Inc
LXK
| $15.8M | 0.01% |
329,013
-1,509
| -0.5% | -$67.3K |
|
|
SLCA
970
DELISTED
U.S. SILICA HOLDINGS, INC.
SLCA
| $15.8M | 0.01% |
285,394
+32,613
| +13% | +$1.54M |
|
|
TIBX
971
DELISTED
TIBCO SOFTWARE INC
TIBX
| $15.8M | 0.01% |
782,954
+12,575
| +2% | +$251K |
|
|
IDTI
972
DELISTED
Integrated Device Technology I
IDTI
| $15.8M | 0.01% |
1,020,506
-13,326
| -1% | -$171K |
|
973
COPT Defense Properties
CDP
$4.14B
| $15.7M | 0.01% |
565,793
+26,461
| +5% | +$725K |
|
|
SF
974
Stifel
SF
$12.6B
| $15.7M | 0.01% |
745,918
+56,271
| +8% | +$1.16M |
|
|
BRS
975
DELISTED
Bristow Group, Inc.
BRS
| $15.7M | 0.01% |
194,539
+4,313
| +2% | +$328K |
|
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.