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 | |
|---|---|---|---|---|---|---|
|
TESO
1451
DELISTED
Tesco Corp
TESO
| $8.09M | 0.01% |
379,012
+20,313
| +6% | +$416K |
|
1452
CVB Financial
CVBF
$3.97B
| $8.05M | 0.01% |
502,511
+10,516
| +2% | +$158K |
|
|
ENV
1453
DELISTED
ENVESTNET, INC.
ENV
| $8.03M | 0.01% |
164,201
+21,478
| +15% | +$869K |
|
|
CYS
1454
DELISTED
CYS Investments Inc.
CYS
| $8M | 0.01% |
887,237
+7,458
| +0.8% | +$65.8K |
|
|
PIR
1455
DELISTED
Pier 1 Imports, Inc.
PIR
| $7.99M | 0.01% |
25,917
+162
| +0.6% | +$56.9K |
|
|
WAGE
1456
DELISTED
WageWorks, Inc.
WAGE
| $7.98M | 0.01% |
165,466
+2,749
| +2% | +$122K |
|
|
DYAX
1457
DELISTED
DYAX CORPORATION
DYAX
| $7.98M | 0.01% |
830,939
+12,285
| +2% | +$93.6K |
|
|
KERX
1458
DELISTED
Keryx Biopharmaceuticals Inc
KERX
| $7.97M | 0.01% |
518,057
+25,016
| +5% | +$355K |
|
|
BAS
1459
DELISTED
Basis Energy Services, Inc.
BAS
| $7.97M | 0.01% |
478
+186
| +64% | +$2.83M |
|
|
HIBB
1460
DELISTED
Hibbett, Inc. Common Stock
HIBB
| $7.95M | 0.01% |
146,833
+569
| +0.4% | +$30.7K |
|
|
FSP
1461
Franklin Street Properties
FSP
$45.3M
| $7.92M | 0.01% |
629,656
+33,876
| +6% | +$421K |
|
|
MNDT
1462
DELISTED
Mandiant, Inc. Common Stock
MNDT
| $7.91M | 0.01% |
195,143
+31,367
| +19% | +$1.22M |
|
|
SUSS
1463
DELISTED
SUSSER HOLDINGS CORPORATION COMMON STOCK
SUSS
| $7.91M | 0.01% |
97,987
+1,638
| +2% | +$121K |
|
1464
Westamerica Bancorp
WABC
$1.35B
| $7.89M | 0.01% |
150,992
+671
| +0.4% | +$34.2K |
|
|
FINL
1465
DELISTED
Finish Line
FINL
| $7.89M | 0.01% |
265,393
+18,556
| +8% | +$527K |
|
|
WEB
1466
DELISTED
Web.com Group, Inc.
WEB
| $7.88M | 0.01% |
273,137
+21,603
| +9% | +$710K |
|
1467
SunCoke Energy
SXC
$799M
| $7.88M | 0.01% |
366,592
+2,174
| +0.6% | +$45.7K |
|
1468
XPO
XPO
$23.5B
| $7.88M | 0.01% |
795,700
+88,910
| +13% | +$812K |
|
1469
Astronics
ATRO
$3.72B
| $7.87M | 0.01% |
305,382
+20,856
| +7% | +$542K |
|
1470
Columbia Banking Systems
COLB
$8.84B
| $7.87M | 0.01% |
299,098
+5,209
| +2% | +$135K |
|
1471
G-III Apparel Group
GIII
$1.48B
| $7.86M | 0.01% |
192,436
+8,098
| +4% | +$306K |
|
|
TFM
1472
DELISTED
THE FRESH MARKET, INC COM STK
TFM
| $7.84M | 0.01% |
234,329
+38,393
| +20% | +$1.3M |
|
|
SC
1473
DELISTED
SANTANDER CONSUMER USA HOLDINGS INC
SC
| $7.84M | 0.01% |
403,284
+31,932
| +9% | +$681K |
|
|
TYPE
1474
DELISTED
Monotype Imaging Holdings Inc.
TYPE
| $7.8M | 0.01% |
277,062
+878
| +0.3% | +$23.8K |
|
1475
Cirrus Logic
CRUS
$6.11B
| $7.79M | 0.01% |
342,809
+19,884
| +6% | +$435K |
|
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.