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 | |
|---|---|---|---|---|---|---|
1326
Vishay Intertechnology
VSH
$5.08B
| $9.52M | 0.01% |
614,330
-71,178
| -10% | -$1.06M |
|
1327
B&G Foods
BGS
$276M
| $9.51M | 0.01% |
290,961
+10,683
| +4% | +$350K |
|
1328
United Parks & Resorts
PRKS
$2.07B
| $9.46M | 0.01% |
334,101
+80,964
| +32% | +$2.44M |
|
1329
Baidu
BIDU
$37.1B
| $9.44M | 0.01% |
50,543
-612
| -1% | -$100K |
|
1330
Huron Consulting
HURN
$2.42B
| $9.43M | 0.01% |
133,085
-5,723
| -4% | -$378K |
|
|
EE
1331
DELISTED
El Paso Electric Company
EE
| $9.41M | 0.01% |
233,999
-28,554
| -11% | -$1.06M |
|
|
PDLI
1332
DELISTED
PDL BioPharma, Inc.
PDLI
| $9.39M | 0.01% |
970,028
+152,068
| +19% | +$1.36M |
|
|
LOCK
1333
DELISTED
LifeLock, Inc.
LOCK
| $9.39M | 0.01% |
672,536
+101,220
| +18% | +$1.38M |
|
|
EDR
1334
DELISTED
Education Realty Trust Inc
EDR
| $9.37M | 0.01% |
290,839
+48,697
| +20% | +$1.51M |
|
1335
FirstCash
FCFS
$9.05B
| $9.36M | 0.01% |
162,544
+833
| +0.5% | +$43.1K |
|
1336
Old National Bancorp
ONB
$10.1B
| $9.35M | 0.01% |
655,058
+8,674
| +1% | +$122K |
|
|
BECN
1337
DELISTED
Beacon Roofing Supply, Inc.
BECN
| $9.35M | 0.01% |
282,354
+14,084
| +5% | +$495K |
|
1338
Rithm Capital
RITM
$5.65B
| $9.34M | 0.01% |
741,501
-114,977
| -13% | -$1.46M |
|
1339
Nektar Therapeutics
NKTR
$2.53B
| $9.33M | 0.01% |
48,522
+1,895
| +4% | +$335K |
|
|
CTCT
1340
DELISTED
CONSTANT CONTACT, INC COM
CTCT
| $9.31M | 0.01% |
290,068
+21,003
| +8% | +$585K |
|
|
SHLD
1341
DELISTED
Sears Holding Corporation
SHLD
| $9.29M | 0.01% |
249,803
-69,934
| -22% | -$2.59M |
|
|
CY
1342
DELISTED
Cypress Semiconductor
CY
| $9.29M | 0.01% |
851,266
+58,477
| +7% | +$593K |
|
|
BKW
1343
DELISTED
BURGER KING WORLDWIDE
BKW
| $9.27M | 0.01% |
340,449
+10,843
| +3% | +$281K |
|
1344
Itron
ITRI
$4.49B
| $9.26M | 0.01% |
228,466
+25,007
| +12% | +$952K |
|
|
FRX
1345
DELISTED
FOREST LABORATORIES INC
FRX
| $9.26M | 0.01% |
93,856
-1,727,520
| -95% | -$161M |
|
1346
RPC Inc
RES
$1.36B
| $9.26M | 0.01% |
394,098
+83,549
| +27% | +$1.84M |
|
|
RPT.PRD
1347
DELISTED
RPT Realty 7.25% Series D Cumulative Convertible Perpetual Preferred Shares of Beneficial Interest
RPT.PRD
| – | – |
0
| – | – |
|
|
LTC
1348
LTC Properties
LTC
$2.12B
| $9.24M | 0.01% |
236,621
+7,287
| +3% | +$284K |
|
|
ESGR
1349
DELISTED
Enstar Group
ESGR
| $9.24M | 0.01% |
61,280
+7,955
| +15% | +$1.1M |
|
1350
Choice Hotels
CHH
$4.62B
| $9.23M | 0.01% |
195,998
+18,930
| +11% | +$853K |
|
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.