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 | |
|---|---|---|---|---|---|---|
|
MGAM
1501
DELISTED
MULTIMEDIA GAMES HOLDING COMPANY INC COM STK (TX)
MGAM
| $7.46M | ﹤0.01% |
251,599
+9,078
| +4% | +$259K |
|
|
GOV
1502
DELISTED
Government Properties Income Trust
GOV
| $7.45M | ﹤0.01% |
293,535
+1,623
| +0.6% | +$41.2K |
|
1503
Kaiser Aluminum
KALU
$3.06B
| $7.42M | ﹤0.01% |
101,829
+7,714
| +8% | +$545K |
|
|
NTK
1504
DELISTED
NORTEK INC COM NEW (DE)
NTK
| $7.42M | ﹤0.01% |
82,673
+2,095
| +3% | +$177K |
|
|
GHL
1505
DELISTED
Greenhill & Co., Inc.
GHL
| $7.42M | ﹤0.01% |
150,629
+19,861
| +15% | +$980K |
|
|
CBF
1506
DELISTED
Capital Bank Financial Corp. Class A Common Stock
CBF
| $7.41M | ﹤0.01% |
314,031
+7,811
| +3% | +$189K |
|
1507
Integer Holdings
ITGR
$4.25B
| $7.41M | ﹤0.01% |
165,683
+9,313
| +6% | +$399K |
|
1508
EPAM Systems
EPAM
$5.02B
| $7.41M | ﹤0.01% |
169,340
-18,380
| -10% | -$695K |
|
|
MHR
1509
DELISTED
MAGNUM HUNTER RESOURCES CORP (DEL)
MHR
| $7.4M | ﹤0.01% |
902,832
+80,352
| +10% | +$654K |
|
|
ARNA
1510
DELISTED
Arena Pharmaceuticals Inc
ARNA
| $7.4M | ﹤0.01% |
126,273
+4,232
| +3% | +$266K |
|
|
KNGT
1511
DELISTED
KNIGHT TRANSPORTATION INC
KNGT
| $7.39M | ﹤0.01% |
311,002
+4,145
| +1% | +$98.5K |
|
|
GK
1512
DELISTED
G&K Services Inc
GK
| $7.39M | ﹤0.01% |
141,946
+634
| +0.4% | +$34.5K |
|
1513
Universal Display
OLED
$4.16B
| $7.38M | ﹤0.01% |
229,959
+8,538
| +4% | +$238K |
|
|
RPXC
1514
DELISTED
RPX Corporation
RPXC
| $7.38M | ﹤0.01% |
415,749
-22,883
| -5% | -$380K |
|
|
AXAS
1515
DELISTED
Abraxas Petroleum Corp
AXAS
| $7.37M | ﹤0.01% |
58,878
+12,996
| +28% | +$1.33M |
|
1516
Super Micro Computer
SMCI
$20.4B
| $7.35M | ﹤0.01% |
2,909,480
-182,450
| -6% | -$378K |
|
|
TOWR
1517
DELISTED
Tower International, Inc.
TOWR
| $7.34M | ﹤0.01% |
199,346
-10,518
| -5% | -$318K |
|
1518
Methode Electronics
MEI
$581M
| $7.33M | ﹤0.01% |
191,869
-18,214
| -9% | -$557K |
|
1519
Granite Construction
GVA
$5.51B
| $7.33M | ﹤0.01% |
203,675
+10,893
| +6% | +$398K |
|
1520
Northwest Natural Holdings
NWN
$2.09B
| $7.31M | ﹤0.01% |
155,063
+7,464
| +5% | +$334K |
|
1521
Brink's
BCO
$4.55B
| $7.3M | ﹤0.01% |
258,566
+4,240
| +2% | +$114K |
|
|
VGR
1522
DELISTED
Vector Group Ltd.
VGR
| $7.28M | ﹤0.01% |
665,523
+65,917
| +11% | +$722K |
|
1523
Northwest Bancshares
NWBI
$2.27B
| $7.28M | ﹤0.01% |
536,449
-50,772
| -9% | -$697K |
|
1524
REX American Resources
REX
$1.43B
| $7.27M | ﹤0.01% |
595,284
+12,096
| +2% | +$133K |
|
|
ESC
1525
DELISTED
EMERITUS CORP
ESC
| $7.26M | ﹤0.01% |
229,505
+19,217
| +9% | +$588K |
|
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.