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 | |
|---|---|---|---|---|---|---|
1401
SouthState Bank Corp
SSB
$10.5B
| $8.61M | 0.01% |
141,107
+5,215
| +4% | +$309K |
|
1402
RLI Corp
RLI
$5.83B
| $8.58M | 0.01% |
374,950
+18,362
| +5% | +$406K |
|
1403
MGE Energy Inc
MGEE
$3.04B
| $8.58M | 0.01% |
217,140
+9,456
| +5% | +$360K |
|
1404
Veeco
VECO
$3.02B
| $8.57M | 0.01% |
230,089
+8,255
| +4% | +$295K |
|
1405
Molina Healthcare
MOH
$10.4B
| $8.57M | 0.01% |
192,073
+50,554
| +36% | +$2.05M |
|
1406
Plexus
PLXS
$7.16B
| $8.57M | 0.01% |
198,009
+1,494
| +0.8% | +$62.5K |
|
|
CMD
1407
DELISTED
Cantel Medical Corporation
CMD
| $8.57M | 0.01% |
233,974
+9,188
| +4% | +$312K |
|
|
RFP
1408
DELISTED
Resolute Forest Products Inc.
RFP
| $8.56M | 0.01% |
509,989
+12,775
| +3% | +$211K |
|
1409
RBC Bearings
RBC
$17.6B
| $8.55M | 0.01% |
133,461
+6,755
| +5% | +$419K |
|
|
CIR
1410
DELISTED
CIRCOR International, Inc
CIR
| $8.54M | 0.01% |
110,722
+4,030
| +4% | +$311K |
|
|
RWT
1411
Redwood Trust
RWT
$574M
| $8.53M | 0.01% |
438,001
+3,755
| +0.9% | +$75.1K |
|
1412
KB Home
KBH
$3.47B
| $8.52M | 0.01% |
456,369
+21,709
| +5% | +$364K |
|
1413
Pinnacle Financial Partners Inc
PNFP
$15.8B
| $8.52M | 0.01% |
215,781
+21,982
| +11% | +$789K |
|
1414
HEICO Corp
HEI
$50.9B
| $8.5M | 0.01% |
399,517
-36,726
| -8% | -$825K |
|
|
EXPR
1415
DELISTED
Express, Inc.
EXPR
| $8.48M | 0.01% |
24,910
+2,636
| +12% | +$787K |
|
1416
BGC Group
BGC
$4.86B
| $8.46M | 0.01% |
1,768,607
+228,664
| +15% | +$1.05M |
|
1417
Papa John's
PZZA
$785M
| $8.45M | 0.01% |
199,377
+19,678
| +11% | +$875K |
|
1418
Upbound Group
UPBD
$1.12B
| $8.45M | 0.01% |
294,682
+5,582
| +2% | +$158K |
|
|
GES
1419
DELISTED
Guess Inc
GES
| $8.45M | 0.01% |
312,819
+10,097
| +3% | +$273K |
|
|
CJES
1420
DELISTED
C&J ENERGY SVCS LTD
CJES
| $8.42M | 0.01% |
249,381
+2,441
| +1% | +$75K |
|
|
PEI
1421
DELISTED
Pennsylvania Real Estate Investment Trust
PEI
| $8.42M | 0.01% |
29,823
+2,666
| +10% | +$706K |
|
1422
Neogen
NEOG
$2.49B
| $8.41M | 0.01% |
554,451
+36,670
| +7% | +$545K |
|
1423
Simpson Manufacturing
SSD
$8.03B
| $8.4M | 0.01% |
231,155
+9,820
| +4% | +$334K |
|
|
WELL.PRI
1424
DELISTED
Welltower Inc.
WELL.PRI
| – | – |
0
| – | – |
|
|
SVU
1425
DELISTED
SUPERVALU Inc.
SVU
| $8.4M | 0.01% |
146,036
+1,070
| +0.7% | +$55.2K |
|
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.