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 | |
|---|---|---|---|---|---|---|
|
SJI
1226
DELISTED
South Jersey Industries, Inc.
SJI
| $10.9M | 0.01% |
362,028
+31,734
| +10% | +$904K |
|
|
TIVO
1227
DELISTED
TIVO INC
TIVO
| $10.9M | 0.01% |
846,354
-84,280
| -9% | -$1.02M |
|
1228
Invesco Mortgage Capital
IVR
$795M
| $10.9M | 0.01% |
62,893
-4,778
| -7% | -$818K |
|
1229
Mativ Holdings
MATV
$706M
| $10.9M | 0.01% |
249,660
-1,366
| -0.5% | -$57.4K |
|
|
FCS
1230
DELISTED
FAIRCHILD SEMICONDUCTOR INTL INC COMMON
FCS
| $10.9M | 0.01% |
695,670
+14,973
| +2% | +$211K |
|
1231
Zurn Elkay Water Solutions
ZWS
$8.47B
| $10.8M | 0.01% |
800,026
+242,591
| +44% | +$3.22M |
|
|
CSG
1232
DELISTED
CHAMBERS STR PPTYS COM
CSG
| $10.8M | 0.01% |
1,345,801
+40,079
| +3% | +$315K |
|
1233
Erie Indemnity
ERIE
$13.2B
| $10.8M | 0.01% |
143,460
+4,287
| +3% | +$317K |
|
|
HI
1234
DELISTED
Hillenbrand
HI
| $10.8M | 0.01% |
330,672
+12,890
| +4% | +$398K |
|
1235
Murphy USA
MUSA
$10.2B
| $10.8M | 0.01% |
220,315
-1,778
| -0.8% | -$82.4K |
|
1236
LiveRamp
RAMP
$2.3B
| $10.8M | 0.01% |
496,604
-35,189
| -7% | -$907K |
|
|
ALE
1237
DELISTED
Allete
ALE
| $10.8M | 0.01% |
209,597
+3,403
| +2% | +$171K |
|
1238
Valley National Bancorp
VLY
$8.1B
| $10.8M | 0.01% |
1,085,489
+28,267
| +3% | +$284K |
|
|
PTP
1239
DELISTED
PLATINUM UNDERWRITERS HLDGS LTD
PTP
| $10.7M | 0.01% |
165,666
+1,182
| +0.7% | +$74.3K |
|
1240
iShares MSCI EAFE Min Vol Factor ETF
EFAV
$5.48B
| – | – |
0
| – | – |
|
1241
Morningstar
MORN
$7.54B
| $10.7M | 0.01% |
149,311
-11,608
| -7% | -$849K |
|
|
TXI
1242
DELISTED
TEXAS INDUSTRIES INC
TXI
| $10.7M | 0.01% |
115,779
+7,615
| +7% | +$668K |
|
1243
Acadia Pharmaceuticals
ACAD
$5.06B
| $10.7M | 0.01% |
472,252
+29,337
| +7% | +$612K |
|
1244
Five Below
FIVE
$13B
| $10.7M | 0.01% |
267,061
+26,288
| +11% | +$1M |
|
|
SPWR
1245
DELISTED
SunPower Corporation Common Stock
SPWR
| $10.6M | 0.01% |
396,495
+38,383
| +11% | +$840K |
|
1246
Cathay General Bancorp
CATY
$4.23B
| $10.6M | 0.01% |
415,616
+2,142
| +0.5% | +$52.7K |
|
1247
Green Plains
GPRE
$1.06B
| $10.6M | 0.01% |
323,209
+14,807
| +5% | +$435K |
|
1248
New York Times
NYT
$10.5B
| $10.6M | 0.01% |
698,129
+13,002
| +2% | +$203K |
|
1249
Matador Resources
MTDR
$6.49B
| $10.6M | 0.01% |
362,251
+61,638
| +21% | +$1.63M |
|
1250
Ironwood Pharmaceuticals
IRWD
$669M
| $10.6M | 0.01% |
825,618
+33,890
| +4% | +$369K |
|
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.