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 | |
|---|---|---|---|---|---|---|
|
PKY
1276
DELISTED
Parkway, Inc.
PKY
| $10.2M | 0.01% |
493,284
+23,389
| +5% | +$454K |
|
|
VISN
1277
Vistance Networks Inc
VISN
$2.63B
| $10.2M | 0.01% |
440,002
+172,768
| +65% | +$4.31M |
|
1278
Boston Beer
SAM
$1.86B
| $10.2M | 0.01% |
45,514
+1,380
| +3% | +$314K |
|
|
HK
1279
DELISTED
Halcon Resources Corporation
HK
| $10.1M | 0.01% |
8,071
+568
| +8% | +$566K |
|
1280
Tetra Tech
TTEK
$8.97B
| $10.1M | 0.01% |
1,843,145
+93,170
| +5% | +$510K |
|
1281
Andersons Inc
ANDE
$2.23B
| $10.1M | 0.01% |
196,298
-101
| -0.1% | -$5.55K |
|
1282
Bloomin' Brands
BLMN
$944M
| $10.1M | 0.01% |
450,734
+41,434
| +10% | +$915K |
|
1283
BOK Financial
BOKF
$8.7B
| $10.1M | 0.01% |
151,571
-18,815
| -11% | -$1.23M |
|
1284
American Eagle Outfitters
AEO
$3.07B
| $10.1M | 0.01% |
899,565
+61,808
| +7% | +$702K |
|
|
PCH
1285
DELISTED
PotlatchDeltic
PCH
| $10.1M | 0.01% |
243,056
+12,191
| +5% | +$478K |
|
|
PLCM
1286
DELISTED
POLYCOM INC
PLCM
| $10.1M | 0.01% |
802,657
+18,954
| +2% | +$240K |
|
1287
Rollins
ROL
$17.9B
| $10M | 0.01% |
1,130,011
-185,142
| -14% | -$1.66M |
|
|
ALEX
1288
DELISTED
Alexander & Baldwin
ALEX
| $10M | 0.01% |
241,765
+23,370
| +11% | +$921K |
|
|
AIRM
1289
DELISTED
Air Methods Corp
AIRM
| $10M | 0.01% |
193,777
+7,086
| +4% | +$360K |
|
|
CSH
1290
DELISTED
CASH AMERICA INTERNATIONAL INC
CSH
| $9.99M | 0.01% |
495,726
+90,005
| +22% | +$1.81M |
|
1291
Trustmark
TRMK
$2.75B
| $9.98M | 0.01% |
404,282
+5,391
| +1% | +$128K |
|
|
CTB
1292
DELISTED
Cooper Tire & Rubber Co.
CTB
| $9.97M | 0.01% |
332,276
+19,440
| +6% | +$529K |
|
1293
Western Alliance Bancorporation
WAL
$8.78B
| $9.94M | 0.01% |
417,847
+24,278
| +6% | +$570K |
|
1294
Prestige Consumer Healthcare
PBH
$2.51B
| $9.93M | 0.01% |
293,051
-13,428
| -4% | -$430K |
|
1295
Watts Water Technologies
WTS
$12.8B
| $9.93M | 0.01% |
160,873
+1,099
| +0.7% | +$63.2K |
|
|
ANN
1296
DELISTED
ANN INC
ANN
| $9.93M | 0.01% |
241,358
+11,787
| +5% | +$470K |
|
1297
Kemper
KMPR
$1.55B
| $9.93M | 0.01% |
269,309
+5,588
| +2% | +$207K |
|
1298
Semtech
SMTC
$12.2B
| $9.92M | 0.01% |
379,290
+1,680
| +0.4% | +$42.3K |
|
1299
Horace Mann Educators
HMN
$2.13B
| $9.91M | 0.01% |
317,061
-9,297
| -3% | -$275K |
|
1300
Commercial Metals
CMC
$8.1B
| $9.91M | 0.01% |
572,569
-40,308
| -7% | -$749K |
|
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.