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 | |
|---|---|---|---|---|---|---|
1426
Amkor Technology
AMKR
$13.1B
| $8.39M | 0.01% |
750,543
+30,213
| +4% | +$279K |
|
|
EXAS
1427
DELISTED
Exact Sciences
EXAS
| $8.38M | 0.01% |
492,284
+102,092
| +26% | +$1.41M |
|
|
IGTE
1428
DELISTED
IGATE CORPORATION
IGTE
| $8.37M | 0.01% |
230,084
+810
| +0.4% | +$28.3K |
|
|
HPY
1429
DELISTED
HEARTLAND PAYMENT SYSTEMS, INC. COM STK
HPY
| $8.37M | 0.01% |
203,141
+1,149
| +0.6% | +$46.7K |
|
1430
Scansource
SCSC
$1.1B
| $8.37M | 0.01% |
219,803
-3,537
| -2% | -$135K |
|
1431
Piper Sandler
PIPR
$5.29B
| $8.37M | 0.01% |
646,584
+283,020
| +78% | +$3.19M |
|
|
CKH
1432
DELISTED
Seacor Holdings Inc.
CKH
| $8.31M | 0.01% |
104,443
+1,077
| +1% | +$85.9K |
|
1433
Nexstar Media Group
NXST
$5.91B
| $8.29M | 0.01% |
160,725
+7,761
| +5% | +$332K |
|
1434
Celldex Therapeutics
CLDX
$3.37B
| $8.29M | 0.01% |
33,878
+158
| +0.5% | +$35.7K |
|
|
MBFI
1435
DELISTED
MB Financial Corp
MBFI
| $8.29M | 0.01% |
306,542
-49,302
| -14% | -$1.38M |
|
|
CCMP
1436
DELISTED
CMC Materials, Inc. Common Stock
CCMP
| $8.26M | 0.01% |
184,960
+936
| +0.5% | +$40.5K |
|
1437
J&J Snack Foods
JJSF
$1.68B
| $8.26M | 0.01% |
87,737
-11,760
| -12% | -$1.11M |
|
|
HT
1438
DELISTED
Hersha Hospitality Trust Priority Class A Common Shares of Beneficial Interest
HT
| $8.22M | 0.01% |
306,268
+24,554
| +9% | +$600K |
|
|
LCI
1439
DELISTED
Lannett Company, Inc.
LCI
| $8.21M | 0.01% |
41,393
-27
| -0.1% | -$4.25K |
|
1440
Empire State Realty Trust
ESRT
$802M
| $8.2M | 0.01% |
496,805
+11,848
| +2% | +$190K |
|
|
SEM
1441
DELISTED
Select Medical
SEM
| $8.18M | 0.01% |
973,851
-166,403
| -15% | -$1.29M |
|
|
TAL
1442
DELISTED
TAL INTERNATIONAL GROUP, INC.
TAL
| $8.17M | 0.01% |
184,132
+17,913
| +11% | +$779K |
|
1443
Monolithic Power Systems
MPWR
$67.9B
| $8.15M | 0.01% |
192,537
+2,447
| +1% | +$94.9K |
|
|
PMCS
1444
DELISTED
P M C SIERRA INC
PMCS
| $8.15M | 0.01% |
1,071,226
-12,169
| -1% | -$88K |
|
1445
CACI
CACI
$14.3B
| $8.15M | 0.01% |
116,045
+1,540
| +1% | +$109K |
|
|
WMGI
1446
DELISTED
Wright Medical Group Inc
WMGI
| $8.15M | 0.01% |
259,432
+7,489
| +3% | +$224K |
|
1447
TFS Financial
TFSL
$4.83B
| $8.14M | 0.01% |
570,702
-2,373
| -0.4% | -$31.9K |
|
1448
Matrix Service
MTRX
$326M
| $8.14M | 0.01% |
248,159
+3,739
| +2% | +$123K |
|
1449
La-Z-Boy
LZB
$1.66B
| $8.12M | 0.01% |
350,596
+419
| +0.1% | +$10.4K |
|
|
MDAS
1450
DELISTED
MEDASSETS INC COM STK (DE)
MDAS
| $8.11M | 0.01% |
354,975
+33,086
| +10% | +$774K |
|
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.