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 | |
|---|---|---|---|---|---|---|
|
NAV
1101
DELISTED
Navistar International
NAV
| $12.9M | 0.01% |
343,646
+5,818
| +2% | +$207K |
|
|
TXNM
1102
TXNM Energy Inc
TXNM
$5.91B
| $12.9M | 0.01% |
438,717
+20,684
| +5% | +$578K |
|
|
GEVA
1103
DELISTED
SYNAGEVA BIOPHARMA CORP COM STK (DE)
GEVA
| $12.9M | 0.01% |
122,658
+9,331
| +8% | +$794K |
|
|
TECD
1104
DELISTED
Tech Data Corp
TECD
| $12.8M | 0.01% |
205,373
+4,725
| +2% | +$293K |
|
1105
Advanced Micro Devices
AMD
$767B
| $12.8M | 0.01% |
3,061,882
+86,754
| +3% | +$351K |
|
1106
Thor Industries
THO
$4.14B
| $12.8M | 0.01% |
224,711
+14,028
| +7% | +$841K |
|
1107
Sun Communities
SUI
$14.4B
| $12.8M | 0.01% |
256,013
+34,089
| +15% | +$1.61M |
|
1108
Leidos
LDOS
$17.5B
| $12.7M | 0.01% |
332,430
-50,757
| -13% | -$1.92M |
|
1109
Bio-Rad Laboratories Class A
BIO
$9.48B
| $12.7M | 0.01% |
106,431
-493
| -0.5% | -$60.2K |
|
1110
IPG Photonics
IPGP
$3.61B
| $12.7M | 0.01% |
184,983
+206
| +0.1% | +$13.9K |
|
|
TIVO
1111
DELISTED
Tivo Inc
TIVO
| $12.7M | 0.01% |
529,462
-2,340
| -0.4% | -$54.3K |
|
|
EVHC
1112
DELISTED
Envision Healthcare Holdings Inc
EVHC
| $12.7M | 0.01% |
117,939
+10,206
| +9% | +$1.05M |
|
|
FNGN
1113
DELISTED
Financial Engines, Inc.
FNGN
| $12.6M | 0.01% |
278,783
+8,816
| +3% | +$394K |
|
1114
Teekay
TK
$973M
| $12.6M | 0.01% |
202,716
+4,585
| +2% | +$265K |
|
1115
Cracker Barrel
CBRL
$1.25B
| $12.6M | 0.01% |
126,420
-28,436
| -18% | -$2.79M |
|
1116
Bank OZK
OZK
$5.63B
| $12.6M | 0.01% |
376,289
+21,949
| +6% | +$681K |
|
1117
Wendy's
WEN
$1.39B
| $12.5M | 0.01% |
1,465,243
-19,473
| -1% | -$164K |
|
|
MPT
1118
Medical Properties Trust
MPT
$2.48B
| $12.5M | 0.01% |
942,641
+114,644
| +14% | +$1.52M |
|
1119
St. Joe Company
JOE
$3.77B
| $12.5M | 0.01% |
490,421
+23,542
| +5% | +$506K |
|
1120
Worthington Enterprises
WOR
$2.79B
| $12.5M | 0.01% |
469,361
-136,514
| -23% | -$3.3M |
|
1121
EastGroup Properties
EGP
$10.9B
| $12.4M | 0.01% |
193,255
+7,344
| +4% | +$466K |
|
1122
First Industrial Realty Trust
FR
$8.36B
| $12.4M | 0.01% |
658,662
+22,173
| +3% | +$414K |
|
1123
Armstrong World Industries
AWI
$7.75B
| $12.4M | 0.01% |
215,763
+31,105
| +17% | +$1.69M |
|
|
SYA
1124
DELISTED
SYMETRA FINANCIAL CORPORATION COMMON STOCK
SYA
| $12.4M | 0.01% |
544,661
+1,853
| +0.3% | +$38.8K |
|
1125
Glacier Bancorp
GBCI
$6.35B
| $12.4M | 0.01% |
436,391
+19,045
| +5% | +$513K |
|
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.