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 | |
|---|---|---|---|---|---|---|
|
CRZO
976
DELISTED
Carrizo Oil & Gas Inc
CRZO
| $15.6M | 0.01% |
225,268
+6,329
| +3% | +$367K |
|
977
CDW
CDW
$17.1B
| $15.6M | 0.01% |
489,109
+183,197
| +60% | +$5.38M |
|
978
Viavi Solutions
VIAV
$9.3B
| $15.6M | 0.01% |
2,198,038
+106,120
| +5% | +$722K |
|
979
Norwegian Cruise Line
NCLH
$8.57B
| $15.6M | 0.01% |
490,907
+26,060
| +6% | +$842K |
|
980
Pebblebrook Hotel Trust
PEB
$2.01B
| $15.6M | 0.01% |
420,974
+26,407
| +7% | +$927K |
|
981
Cousins Properties
CUZ
$4.82B
| $15.6M | 0.01% |
442,636
+33,340
| +8% | +$1.12M |
|
982
Abercrombie & Fitch
ANF
$5.24B
| $15.5M | 0.01% |
359,247
-23,507
| -6% | -$907K |
|
983
Radian Group
RDN
$4.89B
| $15.5M | 0.01% |
1,047,762
+148,385
| +16% | +$2.16M |
|
|
ATHL
984
DELISTED
ATHLON ENERGY INC COM
ATHL
| $15.5M | 0.01% |
324,758
+156,293
| +93% | +$6.55M |
|
|
BID
985
DELISTED
Sotheby's
BID
| $15.5M | 0.01% |
368,594
+19,391
| +6% | +$790K |
|
|
IDIX
986
DELISTED
IDENIX PHARMACEUTICALS INC
IDIX
| $15.5M | 0.01% |
642,163
+21,451
| +3% | +$224K |
|
987
CubeSmart
CUBE
$9.18B
| $15.5M | 0.01% |
843,908
+52,396
| +7% | +$953K |
|
|
PVTB
988
DELISTED
PrivateBancorp Inc
PVTB
| $15.4M | 0.01% |
530,659
+26,837
| +5% | +$760K |
|
989
Landstar System
LSTR
$6.17B
| $15.4M | 0.01% |
239,972
+12,762
| +6% | +$799K |
|
|
THOR
990
DELISTED
THORATEC CORPORATION
THOR
| $15.2M | 0.01% |
436,406
+32,845
| +8% | +$1.09M |
|
|
CNW
991
DELISTED
CON-WAY INC.
CNW
| $15.2M | 0.01% |
301,132
+8,936
| +3% | +$401K |
|
992
Wintrust Financial
WTFC
$10.7B
| $15.2M | 0.01% |
329,852
+4,130
| +1% | +$187K |
|
|
ODP
993
DELISTED
ODP
ODP
| $15.2M | 0.01% |
266,614
+13,712
| +5% | +$668K |
|
|
ALR
994
DELISTED
Alere Inc
ALR
| $15.1M | 0.01% |
404,622
-1,104
| -0.3% | -$39.3K |
|
|
AHL
995
DELISTED
ASPEN Insurance Holding Limited
AHL
| $15.1M | 0.01% |
332,410
-109,577
| -25% | -$4.91M |
|
996
Tyler Technologies
TYL
$13B
| $15M | 0.01% |
164,714
+14,006
| +9% | +$1.14M |
|
|
LPNT
997
DELISTED
LifePoint Health, Inc.
LPNT
| $15M | 0.01% |
241,259
-2,579
| -1% | -$151K |
|
998
Hancock Whitney
HWC
$6.22B
| $15M | 0.01% |
423,756
-53,554
| -11% | -$1.85M |
|
999
Myriad Genetics
MYGN
$315M
| $15M | 0.01% |
384,405
+9,858
| +3% | +$367K |
|
1000
Helix Energy Solutions
HLX
$1.45B
| $14.9M | 0.01% |
568,009
+36,157
| +7% | +$860K |
|
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.