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 | |
|---|---|---|---|---|---|---|
|
SFG
1026
DELISTED
STANCORP FINL GRP
SFG
| $14.4M | 0.01% |
225,405
-1,316
| -0.6% | -$81.8K |
|
|
CLGX
1027
DELISTED
Corelogic, Inc.
CLGX
| $14.4M | 0.01% |
474,945
-5,003
| -1% | -$145K |
|
1028
Webster Financial
WBS
$12.8B
| $14.4M | 0.01% |
456,615
-11,770
| -3% | -$359K |
|
1029
TD Synnex
SNX
$20.6B
| $14.4M | 0.01% |
395,208
+9,540
| +2% | +$320K |
|
1030
MarketAxess Holdings
MKTX
$5.72B
| $14.4M | 0.01% |
266,083
-13,738
| -5% | -$751K |
|
|
MRC
1031
DELISTED
MRC Global
MRC
| $14.4M | 0.01% |
507,555
+16,790
| +3% | +$477K |
|
1032
Guidewire Software
GWRE
$14.6B
| $14.3M | 0.01% |
352,569
+24,608
| +8% | +$975K |
|
|
UFS
1033
DELISTED
DOMTAR CORPORATION (New)
UFS
| $14.3M | 0.01% |
334,381
+3,885
| +1% | +$182K |
|
1034
Hawaiian Electric Industries
HE
$2.02B
| $14.3M | 0.01% |
563,992
-1,207
| -0.2% | -$29.4K |
|
|
SD
1035
DELISTED
SANDRIDGE ENERGY, INC.
SD
| $14.2M | 0.01% |
1,991,993
+24,239
| +1% | +$163K |
|
1036
Hilton Worldwide
HLT
$70.1B
| $14.2M | 0.01% |
203,552
+3,869
| +2% | +$257K |
|
|
CVSA
1037
Covista Inc
CVSA
$4.64B
| $14.2M | 0.01% |
335,994
+49,856
| +17% | +$2.12M |
|
1038
Primerica
PRI
$9.68B
| $14.2M | 0.01% |
297,147
+24,860
| +9% | +$1.14M |
|
|
ARUN
1039
DELISTED
ARUBA NETWORKS, INC.
ARUN
| $14.2M | 0.01% |
810,875
+219,032
| +37% | +$4.13M |
|
1040
Wolverine World Wide
WWW
$1.54B
| $14.2M | 0.01% |
544,954
+13,231
| +2% | +$352K |
|
1041
Ziff Davis
ZD
$1.99B
| $14.2M | 0.01% |
320,818
+9,265
| +3% | +$387K |
|
1042
Bank of Hawaii
BOH
$3.1B
| $14.1M | 0.01% |
240,951
-1,486
| -0.6% | -$84.9K |
|
1043
U-Haul Holding Co
UHAL
$14.5B
| $14.1M | 0.01% |
486,070
-10,260
| -2% | -$271K |
|
|
CVA
1044
DELISTED
Covanta Holding Corporation
CVA
| $14.1M | 0.01% |
684,502
+864
| +0.1% | +$16.3K |
|
|
MSCC
1045
DELISTED
Microsemi Corp
MSCC
| $14.1M | 0.01% |
526,585
+24,436
| +5% | +$609K |
|
1046
JetBlue
JBLU
$2.15B
| $14.1M | 0.01% |
1,298,425
+51,203
| +4% | +$473K |
|
|
IRDMB
1047
DELISTED
Iridium Communications Inc - 6.75% Series B
IRDMB
| – | – |
0
| – | – |
|
1048
Sinclair Inc
SBGI
$1.01B
| $14.1M | 0.01% |
405,238
+26,034
| +7% | +$757K |
|
1049
Hanover Insurance
THG
$7.87B
| $14.1M | 0.01% |
222,948
+2,073
| +0.9% | +$126K |
|
1050
Black Hills Corp
BKH
$5.62B
| $14.1M | 0.01% |
229,254
-3,117
| -1% | -$181K |
|
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.