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 | |
|---|---|---|---|---|---|---|
1201
Steven Madden
SHOO
$3.58B
| $11.3M | 0.01% |
495,728
+32,421
| +7% | +$727K |
|
1202
Avista
AVA
$3.2B
| $11.3M | 0.01% |
337,776
+17,039
| +5% | +$539K |
|
1203
PBF Energy
PBF
$7.86B
| $11.3M | 0.01% |
424,097
+104,033
| +33% | +$3.08M |
|
1204
FNB Corp
FNB
$6.75B
| $11.3M | 0.01% |
881,084
+34,969
| +4% | +$441K |
|
1205
Penske Automotive Group
PAG
$14.2B
| $11.3M | 0.01% |
227,870
-9,467
| -4% | -$432K |
|
|
PPO
1206
DELISTED
POLYPORE INTERNATIONAL, INC
PPO
| $11.3M | 0.01% |
235,732
+745
| +0.3% | +$30.5K |
|
|
CADE
1207
DELISTED
Cadence Bank
CADE
| $11.3M | 0.01% |
457,883
+12,240
| +3% | +$291K |
|
1208
Entegris
ENTG
$22B
| $11.2M | 0.01% |
818,362
+59,500
| +8% | +$706K |
|
|
WNR
1209
DELISTED
Western Refining Inc
WNR
| $11.2M | 0.01% |
297,558
-83,428
| -22% | -$3.36M |
|
|
MASI
1210
DELISTED
Masimo
MASI
| $11.2M | 0.01% |
473,012
+150,498
| +47% | +$3.73M |
|
1211
Olin
OLN
$2.15B
| $11.1M | 0.01% |
413,757
+11,839
| +3% | +$327K |
|
1212
Louisiana-Pacific
LPX
$5.2B
| $11.1M | 0.01% |
741,327
+6,588
| +0.9% | +$100K |
|
|
CLNY
1213
DELISTED
Colony Capital, Inc.
CLNY
| $11.1M | 0.01% |
478,043
+44,018
| +10% | +$967K |
|
1214
Artisan Partners
APAM
$3B
| $11.1M | 0.01% |
195,050
+25,163
| +15% | +$1.44M |
|
1215
American States Water
AWR
$3.43B
| $11M | 0.01% |
332,466
+15,140
| +5% | +$464K |
|
1216
Genesco
GCO
$419M
| $11M | 0.01% |
134,494
+1,126
| +0.8% | +$86.1K |
|
1217
InterDigital
IDCC
$8.99B
| $11M | 0.01% |
231,072
+951
| +0.4% | +$36.8K |
|
|
QLIK
1218
DELISTED
QLIK TECHNOLOGIES INC COM STK (DE)
QLIK
| $11M | 0.01% |
488,098
+5,437
| +1% | +$125K |
|
|
MDP
1219
DELISTED
Meredith Corporation
MDP
| $11M | 0.01% |
228,227
+10,536
| +5% | +$479K |
|
|
MDCO
1220
DELISTED
Medicines Co
MDCO
| $11M | 0.01% |
379,780
+4,661
| +1% | +$124K |
|
1221
Silicon Laboratories
SLAB
$7.2B
| $11M | 0.01% |
223,264
+23,228
| +12% | +$1.11M |
|
|
SWC
1222
DELISTED
Stillwater Mining Co
SWC
| $11M | 0.01% |
624,485
+4,729
| +0.8% | +$76.9K |
|
|
MZTI
1223
The Marzetti Company
MZTI
$3.13B
| $11M | 0.01% |
115,125
+538
| +0.5% | +$49.8K |
|
|
LL
1224
DELISTED
LL Flooring Holdings, Inc.
LL
| $10.9M | 0.01% |
144,168
+4,975
| +4% | +$413K |
|
1225
Acadia Healthcare
ACHC
$2.96B
| $10.9M | 0.01% |
240,394
+44,803
| +23% | +$1.97M |
|
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.