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 | |
|---|---|---|---|---|---|---|
1001
Vail Resorts
MTN
$5.22B
| $14.9M | 0.01% |
193,068
+6,846
| +4% | +$480K |
|
|
KS
1002
DELISTED
KapStone Paper and Pack Corp.
KS
| $14.9M | 0.01% |
449,445
+9,754
| +2% | +$277K |
|
|
CAB
1003
DELISTED
Cabela's Inc
CAB
| $14.9M | 0.01% |
238,127
+18,353
| +8% | +$1.16M |
|
1004
Tidewater
TDW
$4.4B
| $14.8M | 0.01% |
8,191
+169
| +2% | +$280K |
|
1005
Genpact
G
$5.79B
| $14.8M | 0.01% |
845,516
+250,018
| +42% | +$4.27M |
|
|
TCF
1006
DELISTED
TCF Financial Corporation
TCF
| $14.8M | 0.01% |
905,081
+37,550
| +4% | +$601K |
|
|
CAVM
1007
DELISTED
Cavium, Inc.
CAVM
| $14.8M | 0.01% |
297,782
+3,316
| +1% | +$153K |
|
1008
John Wiley & Sons Class A
WLY
$2.63B
| $14.8M | 0.01% |
243,972
-1,771
| -0.7% | -$101K |
|
1009
Evercore
EVR
$11.4B
| $14.7M | 0.01% |
255,642
+10,021
| +4% | +$550K |
|
|
ACH
1010
Accendra Health
ACH
$112M
| $14.7M | 0.01% |
433,552
+4,704
| +1% | +$161K |
|
1011
Federated Hermes
FHI
$4.72B
| $14.7M | 0.01% |
475,956
+16,000
| +3% | +$465K |
|
1012
Deckers Outdoor
DECK
$13.2B
| $14.7M | 0.01% |
1,019,592
-25,752
| -2% | -$342K |
|
|
TQNT
1013
DELISTED
TRIQUINT SEMICONDUCTOR INC
TQNT
| $14.7M | 0.01% |
927,615
+39,754
| +4% | +$589K |
|
1014
Watsco Inc
WSO
$13.4B
| $14.7M | 0.01% |
142,646
+6,230
| +5% | +$630K |
|
1015
Portland General Electric
POR
$5.66B
| $14.6M | 0.01% |
421,985
+5,257
| +1% | +$173K |
|
|
GTAT
1016
DELISTED
GT ADVANCED TECHNOLOGIES INC COM STK (DE)
GTAT
| $14.6M | 0.01% |
786,611
+31,860
| +4% | +$526K |
|
1017
H.B. Fuller
FUL
$3.26B
| $14.6M | 0.01% |
303,923
+9,160
| +3% | +$438K |
|
|
AXE
1018
DELISTED
Anixter International Inc
AXE
| $14.6M | 0.01% |
146,000
+7,197
| +5% | +$710K |
|
1019
IQVIA
IQV
$39.9B
| $14.6M | 0.01% |
274,034
+35,187
| +15% | +$1.78M |
|
1020
Associated Banc-Corp
ASB
$5.91B
| $14.6M | 0.01% |
807,165
-26,530
| -3% | -$467K |
|
|
ICPT
1021
DELISTED
Intercept Pharmaceuticals, Inc.
ICPT
| $14.6M | 0.01% |
61,518
+2,545
| +4% | +$671K |
|
1022
MannKind Corp
MNKD
$1.26B
| $14.5M | 0.01% |
263,868
+28,400
| +12% | +$1.14M |
|
|
HDS
1023
DELISTED
HD Supply Holdings, Inc.
HDS
| $14.5M | 0.01% |
510,707
+192,084
| +60% | +$5.11M |
|
1024
First Horizon
FHN
$12B
| $14.5M | 0.01% |
1,220,326
-8,647
| -0.7% | -$101K |
|
1025
New Jersey Resources
NJR
$5.48B
| $14.5M | 0.01% |
505,798
+29,942
| +6% | +$778K |
|
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.