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 | |
|---|---|---|---|---|---|---|
|
CHMT
1076
DELISTED
Chemtura Corporation
CHMT
| $13.5M | 0.01% |
515,477
+32,792
| +7% | +$808K |
|
1077
Bruker
BRKR
$8.54B
| $13.4M | 0.01% |
552,532
-147
| -0% | -$3.19K |
|
|
BYI
1078
DELISTED
BALLY TECHNOLOGIES, INC.
BYI
| $13.4M | 0.01% |
203,860
-56,240
| -22% | -$3.51M |
|
|
N
1079
DELISTED
Netsuite Inc
N
| $13.4M | 0.01% |
154,086
-9,309
| -6% | -$751K |
|
1080
Unifirst Corp
UNF
$5.23B
| $13.4M | 0.01% |
126,232
+593
| +0.5% | +$58.5K |
|
1081
Knowles
KN
$3.31B
| $13.4M | 0.01% |
435,068
+24,979
| +6% | +$755K |
|
1082
Euronet Worldwide
EEFT
$2.63B
| $13.4M | 0.01% |
276,844
-41,333
| -13% | -$1.88M |
|
|
DBD
1083
DELISTED
Diebold Nixdorf Incorporated
DBD
| $13.3M | 0.01% |
331,884
-17,327
| -5% | -$665K |
|
|
USG
1084
DELISTED
Usg
USG
| $13.3M | 0.01% |
442,277
-16,941
| -4% | -$518K |
|
1085
Groupon
GRPN
$943M
| $13.3M | 0.01% |
100,480
+1,738
| +2% | +$229K |
|
|
PRA
1086
DELISTED
ProAssurance
PRA
| $13.3M | 0.01% |
299,101
-95,109
| -24% | -$4.25M |
|
1087
ScottsMiracle-Gro
SMG
$3.56B
| $13.3M | 0.01% |
233,097
-685
| -0.3% | -$40.9K |
|
1088
Marriott Vacations Worldwide
VAC
$3.96B
| $13.2M | 0.01% |
226,004
-2,409
| -1% | -$135K |
|
|
UNS
1089
DELISTED
UNS ENERGY CORP COM
UNS
| $13.2M | 0.01% |
219,287
-23,302
| -10% | -$1.4M |
|
|
MGLN
1090
DELISTED
Magellan Health Services, Inc.
MGLN
| $13.2M | 0.01% |
212,353
+8,398
| +4% | +$493K |
|
|
TIME
1091
DELISTED
Time Inc.
TIME
| $13.2M | 0.01% |
+545,475
| New | +$12.8M |
|
|
HRC
1092
DELISTED
HILL-ROM HOLDINGS, INC.
HRC
| $13.2M | 0.01% |
317,493
-14,381
| -4% | -$559K |
|
1093
NorthWestern Energy
NWE
$4.39B
| $13.2M | 0.01% |
252,356
-15,397
| -6% | -$740K |
|
1094
Healthcare Realty
HR
$6.74B
| $13.1M | 0.01% |
542,391
+50,872
| +10% | +$1.21M |
|
1095
WaFd
WAFD
$2.75B
| $13M | 0.01% |
578,867
+20,649
| +4% | +$452K |
|
|
CPWR
1096
DELISTED
COMPUWARE CORP
CPWR
| $13M | 0.01% |
1,351,336
+96,339
| +8% | +$939K |
|
|
CST
1097
DELISTED
CST Brands, Inc.
CST
| $13M | 0.01% |
375,599
+10,254
| +3% | +$333K |
|
1098
Sanmina
SANM
$11B
| $12.9M | 0.01% |
568,519
+17,238
| +3% | +$349K |
|
1099
Enerpac Tool Group
EPAC
$1.89B
| $12.9M | 0.01% |
374,401
+12,491
| +3% | +$433K |
|
|
VRE
1100
DELISTED
Veris Residential
VRE
| $12.9M | 0.01% |
599,779
+39,513
| +7% | +$835K |
|
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.