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 | |
|---|---|---|---|---|---|---|
|
JCP
1051
DELISTED
J.C. Penney Company, Inc.
JCP
| $14M | 0.01% |
1,551,661
+49,342
| +3% | +$425K |
|
|
HITT
1052
DELISTED
HITTITE MICROWAVE CORP
HITT
| $14M | 0.01% |
179,819
+8,897
| +5% | +$573K |
|
|
SGY
1053
DELISTED
Stone Energy
SGY
| $13.9M | 0.01% |
5,225
+475
| +10% | +$1.2M |
|
|
GTLS
1054
DELISTED
Chart Industries
GTLS
| $13.9M | 0.01% |
167,683
+8,523
| +5% | +$645K |
|
|
SWFT
1055
DELISTED
Swift Transportation Company
SWFT
| $13.8M | 0.01% |
548,765
+9,896
| +2% | +$240K |
|
|
AKRX
1056
DELISTED
Akorn Inc
AKRX
| $13.8M | 0.01% |
416,280
+28,805
| +7% | +$755K |
|
|
SKX
1057
DELISTED
Skechers
SKX
| $13.8M | 0.01% |
908,259
+258,033
| +40% | +$3.56M |
|
|
MW
1058
DELISTED
THE MENS WAREHOUSE INC
MW
| $13.8M | 0.01% |
247,920
+11,840
| +5% | +$601K |
|
1059
Casey's General Stores
CASY
$31.1B
| $13.8M | 0.01% |
196,755
-12,284
| -6% | -$849K |
|
1060
Pool Corp
POOL
$7.28B
| $13.8M | 0.01% |
243,699
+826
| +0.3% | +$48.2K |
|
1061
Charles River Laboratories
CRL
$13B
| $13.8M | 0.01% |
257,516
+20,274
| +9% | +$1.11M |
|
1062
UMB Financial
UMBF
$11B
| $13.8M | 0.01% |
217,320
+10,221
| +5% | +$609K |
|
1063
Viasat
VSAT
$11.6B
| $13.8M | 0.01% |
237,295
+9,860
| +4% | +$596K |
|
|
BIG
1064
DELISTED
Big Lots, Inc.
BIG
| $13.7M | 0.01% |
300,321
+2,915
| +1% | +$119K |
|
|
CHS
1065
DELISTED
Chicos FAS, Inc.
CHS
| $13.7M | 0.01% |
808,798
+76,115
| +10% | +$1.22M |
|
|
SAPE
1066
DELISTED
SAPIENT CORP
SAPE
| $13.7M | 0.01% |
842,693
+10,804
| +1% | +$178K |
|
1067
Telephone and Data Systems
TDS
$3.78B
| $13.7M | 0.01% |
524,421
+4,593
| +0.9% | +$122K |
|
1068
Southwest Gas
SWX
$6.57B
| $13.6M | 0.01% |
257,758
+2,124
| +0.8% | +$113K |
|
1069
Innoviva
INVA
$1.49B
| $13.6M | 0.01% |
456,702
-31,450
| -6% | -$754K |
|
|
BERY
1070
DELISTED
Berry Global Group, Inc.
BERY
| $13.6M | 0.01% |
573,962
+93,272
| +19% | +$2.04M |
|
1071
Civeo
CVEO
$330M
| $13.6M | 0.01% |
+45,201
| New | +$13.5M |
|
1072
Fulton Financial
FULT
$4.59B
| $13.6M | 0.01% |
1,093,787
+19,747
| +2% | +$241K |
|
|
AAN.A
1073
DELISTED
The Aaron's Company Inc Class A
AAN.A
| $13.5M | 0.01% |
379,856
-5,767
| -1% | -$206K |
|
1074
RH
RH
$3.54B
| $13.5M | 0.01% |
145,233
+14,308
| +11% | +$1M |
|
|
MDRX
1075
DELISTED
Veradigm Inc. Common Stock
MDRX
| $13.5M | 0.01% |
839,965
-926
| -0.1% | -$14.4K |
|
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.