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 | |
|---|---|---|---|---|---|---|
|
SNBR
1601
DELISTED
Sleep Number
SNBR
| $6.55M | ﹤0.01% |
317,007
+17,312
| +6% | +$327K |
|
|
INVN
1602
DELISTED
Invensense Inc
INVN
| $6.53M | ﹤0.01% |
287,940
+12,809
| +5% | +$262K |
|
1603
Ribbon Communications
RBBN
$361M
| $6.52M | ﹤0.01% |
363,493
-12,206
| -3% | -$206K |
|
1604
Rush Enterprises Class A
RUSHA
$9.48B
| $6.52M | ﹤0.01% |
423,317
+13,954
| +3% | +$206K |
|
1605
Sturm, Ruger & Co
RGR
$596M
| $6.5M | ﹤0.01% |
110,189
+8,225
| +8% | +$515K |
|
1606
Sarepta Therapeutics
SRPT
$1.89B
| $6.49M | ﹤0.01% |
217,797
+24,959
| +13% | +$789K |
|
|
AF
1607
DELISTED
Astoria Financial Corporation
AF
| $6.47M | ﹤0.01% |
481,398
+32,899
| +7% | +$437K |
|
|
DCH
1608
Dauch Corp
DCH
$1.64B
| $6.47M | ﹤0.01% |
342,490
+2,231
| +0.7% | +$41.1K |
|
|
MGI
1609
DELISTED
MoneyGram International, Inc. New
MGI
| $6.46M | ﹤0.01% |
438,925
+260,407
| +146% | +$3.77M |
|
1610
Caleres
CAL
$478M
| $6.46M | ﹤0.01% |
225,786
+12,923
| +6% | +$338K |
|
|
EPAY
1611
DELISTED
Bottomline Technologies Inc
EPAY
| $6.46M | ﹤0.01% |
215,768
+13,128
| +6% | +$403K |
|
|
KEG
1612
DELISTED
KEY ENERGY SERVICES INC
KEG
| $6.43M | ﹤0.01% |
703,845
-10,902
| -2% | -$99.6K |
|
|
ARIA
1613
DELISTED
Ariad Pharmaceuticals Inc
ARIA
| $6.42M | ﹤0.01% |
1,007,344
+108,640
| +12% | +$747K |
|
|
SNCR
1614
DELISTED
Synchronoss Technologies
SNCR
| $6.41M | ﹤0.01% |
20,383
+1,929
| +10% | +$553K |
|
|
ITG
1615
DELISTED
Investment Technology Group Inc
ITG
| $6.41M | ﹤0.01% |
379,859
-44,995
| -11% | -$851K |
|
1616
Park National Corp
PRK
$3.67B
| $6.41M | ﹤0.01% |
83,044
+5,022
| +6% | +$377K |
|
1617
AZZ Inc
AZZ
$4.65B
| $6.4M | ﹤0.01% |
138,877
+9,961
| +8% | +$439K |
|
1618
Albany International
AIN
$1.78B
| $6.39M | ﹤0.01% |
168,473
+1,484
| +0.9% | +$54K |
|
1619
CONMED
CNMD
$1.5B
| $6.38M | ﹤0.01% |
144,447
-6,898
| -5% | -$313K |
|
|
AAT
1620
American Assets Trust
AAT
$1.38B
| $6.36M | ﹤0.01% |
184,179
+2,942
| +2% | +$100K |
|
1621
Integra LifeSciences
IART
$1.35B
| $6.35M | ﹤0.01% |
330,352
+25,473
| +8% | +$475K |
|
1622
Adeia
ADEA
$3.03B
| $6.32M | ﹤0.01% |
1,081,564
+46,774
| +5% | +$275K |
|
1623
First Financial Bancorp
FFBC
$3.57B
| $6.31M | ﹤0.01% |
366,871
+1,204
| +0.3% | +$20.1K |
|
1624
WSFS Financial
WSFS
$4.15B
| $6.29M | ﹤0.01% |
256,008
+3,990
| +2% | +$92.6K |
|
1625
Rogers Corp
ROG
$2.39B
| $6.28M | ﹤0.01% |
94,634
+1,459
| +2% | +$90.1K |
|
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.