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 | |
|---|---|---|---|---|---|---|
|
ECHO
1126
EchoStar
ECHO
$26B
| $12.4M | 0.01% |
288,214
+23,785
| +9% | +$948K |
|
1127
Antero Resources
AR
$11.4B
| $12.3M | 0.01% |
188,152
+5,281
| +3% | +$335K |
|
|
SWI
1128
DELISTED
SOLARWINDS INC COM STK (DE)
SWI
| $12.3M | 0.01% |
319,224
+7,438
| +2% | +$297K |
|
|
PDCE
1129
DELISTED
PDC Energy, Inc.
PDCE
| $12.3M | 0.01% |
195,364
+7,588
| +4% | +$477K |
|
1130
Texas Capital Bancshares
TCBI
$4.3B
| $12.3M | 0.01% |
228,621
+3,594
| +2% | +$202K |
|
1131
Commault Systems
CVLT
$5.77B
| $12.3M | 0.01% |
250,701
+9,612
| +4% | +$517K |
|
1132
United Bankshares
UBSI
$6.54B
| $12.3M | 0.01% |
381,057
+24,114
| +7% | +$734K |
|
1133
LXP Industrial Trust
LXP
$3.57B
| $12.3M | 0.01% |
222,913
+13,880
| +7% | +$769K |
|
1134
ACI Worldwide
ACIW
$5.32B
| $12.2M | 0.01% |
657,525
+24,636
| +4% | +$459K |
|
|
ENH
1135
DELISTED
Endurance Specialty Holdings Ltd
ENH
| $12.2M | 0.01% |
236,932
+19,768
| +9% | +$1.03M |
|
|
SUSQ
1136
DELISTED
SUSQUEHANNA BANCSHARES INC
SUSQ
| $12.2M | 0.01% |
1,154,835
+4,518
| +0.4% | +$47.2K |
|
1137
Forum Energy Technologies
FET
$880M
| $12.2M | 0.01% |
16,733
+2,408
| +17% | +$1.57M |
|
|
DFT
1138
DELISTED
DuPont Fabros Technology Inc.
DFT
| $12.2M | 0.01% |
451,974
+15,023
| +3% | +$380K |
|
|
AWAY
1139
DELISTED
HOMEAWAY INC COM
AWAY
| $12.1M | 0.01% |
348,935
+16,919
| +5% | +$556K |
|
|
IBKC
1140
DELISTED
IBERIABANK Corp
IBKC
| $12.1M | 0.01% |
175,537
+6,356
| +4% | +$416K |
|
|
MDSO
1141
DELISTED
Medidata Solutions, Inc.
MDSO
| $12.1M | 0.01% |
283,592
+13,490
| +5% | +$560K |
|
1142
Mueller Industries
MLI
$15.3B
| $12.1M | 0.01% |
1,648,508
+99,928
| +6% | +$727K |
|
1143
Helen of Troy
HELE
$680M
| $12.1M | 0.01% |
199,782
+14,142
| +8% | +$880K |
|
1144
Ryman Hospitality Properties
RHP
$7.55B
| $12.1M | 0.01% |
251,358
+8,530
| +4% | +$392K |
|
1145
Cheesecake Factory
CAKE
$5.51B
| $12.1M | 0.01% |
260,684
+1,921
| +0.7% | +$88.5K |
|
|
POLY
1146
DELISTED
Plantronics, Inc.
POLY
| $12.1M | 0.01% |
251,727
-28,338
| -10% | -$1.26M |
|
1147
Ally Financial
ALLY
$13.3B
| $12.1M | 0.01% |
+505,827
| New | +$12.3M |
|
|
MENT
1148
DELISTED
Mentor Graphics Corp
MENT
| $12M | 0.01% |
558,382
+27,785
| +5% | +$585K |
|
|
EFII
1149
DELISTED
Electronics for Imaging
EFII
| $12M | 0.01% |
266,394
+10,859
| +4% | +$439K |
|
|
CEB
1150
DELISTED
CEB Inc.
CEB
| $12M | 0.01% |
176,334
+1,378
| +0.8% | +$94.7K |
|
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.