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 | |
|---|---|---|---|---|---|---|
1301
First Citizens BancShares
FCNCA
$25.4B
| $9.91M | 0.01% |
40,437
-3,225
| -7% | -$752K |
|
|
KW
1302
DELISTED
Kennedy-Wilson Holdings
KW
| $9.89M | 0.01% |
368,780
+7,559
| +2% | +$180K |
|
|
B
1303
DELISTED
Barnes Group Inc.
B
| $9.89M | 0.01% |
256,567
+12,647
| +5% | +$483K |
|
1304
Haemonetics
HAE
$3.94B
| $9.86M | 0.01% |
279,502
+2,557
| +0.9% | +$85.4K |
|
1305
Hilltop Holdings
HTH
$2.22B
| $9.84M | 0.01% |
463,070
+13,398
| +3% | +$293K |
|
|
CMO
1306
DELISTED
Capstead Mortgage Corp.
CMO
| $9.84M | 0.01% |
748,157
+179,918
| +32% | +$2.34M |
|
|
PES
1307
DELISTED
Pioneer Energy Services Corp.
PES
| $9.82M | 0.01% |
559,984
+216,817
| +63% | +$3.25M |
|
1308
Power Integrations
POWI
$3.46B
| $9.73M | 0.01% |
338,336
-14,822
| -4% | -$414K |
|
|
AEL
1309
DELISTED
American Equity Investment Life Holding Company
AEL
| $9.73M | 0.01% |
395,680
+24,646
| +7% | +$570K |
|
|
OVTI
1310
DELISTED
OMNIVISION TECHNOLOGIES INC
OVTI
| $9.73M | 0.01% |
442,824
+141,189
| +47% | +$2.88M |
|
|
AMSG
1311
DELISTED
Amsurg Corp
AMSG
| $9.72M | 0.01% |
213,345
+12,825
| +6% | +$589K |
|
1312
MillerKnoll
MLKN
$1.64B
| $9.71M | 0.01% |
320,957
+9,268
| +3% | +$287K |
|
1313
Selective Insurance
SIGI
$5.66B
| $9.71M | 0.01% |
392,608
+20,515
| +6% | +$484K |
|
1314
Mine Safety
MSA
$7.45B
| $9.7M | 0.01% |
168,823
+2,025
| +1% | +$111K |
|
|
HMSY
1315
DELISTED
HMS Holdings Corp.
HMSY
| $9.7M | 0.01% |
475,367
+3,060
| +0.6% | +$55.1K |
|
|
NYRT
1316
DELISTED
New York REIT, Inc.
NYRT
| $9.69M | 0.01% |
+87,649
| New | +$9.64M |
|
|
EVER
1317
DELISTED
Everbank Financial Corp
EVER
| $9.68M | 0.01% |
480,022
+11,123
| +2% | +$214K |
|
1318
MKS Inc
MKSI
$19.8B
| $9.68M | 0.01% |
309,737
+1,817
| +0.6% | +$52.6K |
|
|
SN
1319
DELISTED
Sanchez Energy Corporation
SN
| $9.67M | 0.01% |
257,280
+43,022
| +20% | +$1.36M |
|
1320
Capitol Federal Financial
CFFN
$1.08B
| $9.65M | 0.01% |
793,992
+2,728
| +0.3% | +$33.2K |
|
1321
Group 1 Automotive
GPI
$3.16B
| $9.64M | 0.01% |
114,342
+9,410
| +9% | +$703K |
|
|
HF
1322
DELISTED
HFF Inc.
HF
| $9.59M | 0.01% |
257,773
+40,637
| +19% | +$1.35M |
|
|
EQY
1323
DELISTED
Equity One
EQY
| $9.58M | 0.01% |
406,046
-34,264
| -8% | -$780K |
|
1324
Mueller Water Products
MWA
$4.07B
| $9.54M | 0.01% |
1,104,529
+12,686
| +1% | +$112K |
|
1325
International Bancshares
IBOC
$4.53B
| $9.52M | 0.01% |
352,601
+3,955
| +1% | +$96.6K |
|
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.