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 | |
|---|---|---|---|---|---|---|
1251
Opko Health
OPK
$1.04B
| $10.6M | 0.01% |
1,197,537
+48,347
| +4% | +$422K |
|
|
DWRE
1252
DELISTED
DEMANDWARE INC COM STK (DE)
DWRE
| $10.6M | 0.01% |
152,475
+11,468
| +8% | +$658K |
|
|
DGI
1253
DELISTED
DigitalGlobe Inc.
DGI
| $10.6M | 0.01% |
379,826
+11,886
| +3% | +$356K |
|
1254
Altisource Portfolio Solutions
ASPS
$63.3M
| $10.6M | 0.01% |
11,510
+1,485
| +15% | +$1.32M |
|
1255
Spire
SR
$4.79B
| $10.5M | 0.01% |
216,453
+40,188
| +23% | +$1.88M |
|
|
ORB
1256
DELISTED
ORBITAL SCIENCES CORP
ORB
| $10.5M | 0.01% |
354,956
+17,325
| +5% | +$482K |
|
1257
Saic
SAIC
$5.3B
| $10.5M | 0.01% |
237,428
+7,844
| +3% | +$310K |
|
1258
Dorman Products
DORM
$3.95B
| $10.5M | 0.01% |
212,171
+17,549
| +9% | +$957K |
|
1259
Designer Brands
DBI
$334M
| $10.5M | 0.01% |
374,419
+18,423
| +5% | +$581K |
|
|
MWIV
1260
DELISTED
MWI VETERINARY SUPPLY, INC.
MWIV
| $10.4M | 0.01% |
73,450
+2,865
| +4% | +$421K |
|
|
JNS
1261
DELISTED
Janus Capital Group Inc
JNS
| $10.4M | 0.01% |
829,590
+28,680
| +4% | +$337K |
|
|
SYNT
1262
DELISTED
Syntel Inc
SYNT
| $10.3M | 0.01% |
240,822
-13,906
| -5% | -$572K |
|
|
GRT
1263
DELISTED
GLIMCHER REALTY TRUST
GRT
| $10.3M | 0.01% |
955,741
+26,745
| +3% | +$281K |
|
|
HTS
1264
DELISTED
HATTERAS FINANCIAL CORP
HTS
| $10.3M | 0.01% |
522,123
+12,428
| +2% | +$246K |
|
1265
HUB Group
HUBG
$2.9B
| $10.3M | 0.01% |
410,140
+2,738
| +0.7% | +$62.4K |
|
|
FNSR
1266
DELISTED
Finisar Corp
FNSR
| $10.3M | 0.01% |
522,931
-18,107
| -3% | -$435K |
|
1267
Home BancShares
HOMB
$6.17B
| $10.3M | 0.01% |
629,216
+62,770
| +11% | +$1.01M |
|
|
LTM
1268
DELISTED
LIFE TIME FITNESS INC
LTM
| $10.3M | 0.01% |
211,735
+12,035
| +6% | +$591K |
|
1269
Acadia Realty Trust
AKR
$2.78B
| $10.3M | 0.01% |
367,331
+13,384
| +4% | +$366K |
|
1270
MasTec
MTZ
$21.5B
| $10.3M | 0.01% |
334,419
+4,593
| +1% | +$173K |
|
1271
ONE Gas
OGS
$4.96B
| $10.3M | 0.01% |
272,422
+23,503
| +9% | +$860K |
|
|
ABCO
1272
DELISTED
Advisory Board Co
ABCO
| $10.3M | 0.01% |
198,245
+8,329
| +4% | +$451K |
|
|
WBMD
1273
DELISTED
WebMD Health Corp.
WBMD
| $10.2M | 0.01% |
211,975
-25,001
| -11% | -$1.09M |
|
1274
HNI Corp
HNI
$3.54B
| $10.2M | 0.01% |
261,680
+29,339
| +13% | +$1.07M |
|
|
MDR
1275
DELISTED
McDermott International
MDR
| $10.2M | 0.01% |
421,664
+20,928
| +5% | +$460K |
|
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.