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 | |
|---|---|---|---|---|---|---|
1626
ArcBest
ARCB
$3.03B
| $6.25M | ﹤0.01% |
143,646
+8,716
| +6% | +$353K |
|
1627
Aaon
AAON
$7.04B
| $6.24M | ﹤0.01% |
418,970
+10,716
| +3% | +$143K |
|
|
DMC
1628
Del Monte Corp
DMC
$1.45B
| $6.23M | ﹤0.01% |
203,328
+269
| +0.1% | +$7.64K |
|
|
KAMN
1629
DELISTED
Kaman Corp
KAMN
| $6.22M | ﹤0.01% |
145,657
+885
| +0.6% | +$36.9K |
|
1630
Lindsay Corp
LNN
$1.17B
| $6.22M | ﹤0.01% |
73,604
+3,944
| +6% | +$341K |
|
|
MAGN
1631
Magnera Corp
MAGN
$441M
| $6.22M | ﹤0.01% |
18,029
-663
| -4% | -$226K |
|
1632
Matthews International
MATW
$730M
| $6.21M | ﹤0.01% |
149,340
+700
| +0.5% | +$28.6K |
|
|
GLF
1633
DELISTED
GulfMark Offshore, Inc. Common Stock
GLF
| $6.2M | ﹤0.01% |
137,207
+11,041
| +9% | +$496K |
|
|
CLD
1634
DELISTED
Cloud Peak Energy Inc
CLD
| $6.19M | ﹤0.01% |
336,314
+3,787
| +1% | +$74.3K |
|
1635
UFP Industries
UFPI
$5.11B
| $6.18M | ﹤0.01% |
384,132
+51,273
| +15% | +$864K |
|
|
CWEI
1636
DELISTED
Clayton Williams Energy, Inc.
CWEI
| $6.18M | ﹤0.01% |
44,994
+11,956
| +36% | +$1.53M |
|
|
AYR
1637
DELISTED
Aircastle Ltd
AYR
| $6.16M | ﹤0.01% |
346,884
+19,107
| +6% | +$338K |
|
1638
Neurocrine Biosciences
NBIX
$16.5B
| $6.14M | ﹤0.01% |
414,096
+8,367
| +2% | +$118K |
|
|
INFN
1639
DELISTED
Infinera Corporation Common Stock
INFN
| $6.13M | ﹤0.01% |
666,058
+5,744
| +0.9% | +$51K |
|
|
ROIC
1640
DELISTED
Retail Opportunity Investments Corp.
ROIC
| $6.12M | ﹤0.01% |
388,788
+18,092
| +5% | +$283K |
|
1641
Hecla Mining
HL
$11.8B
| $6.11M | ﹤0.01% |
1,770,877
+22,526
| +1% | +$69.2K |
|
1642
Matsons
MATX
$6.12B
| $6.11M | ﹤0.01% |
227,638
-63,177
| -22% | -$1.54M |
|
1643
Interface
TILE
$2.23B
| $6.1M | ﹤0.01% |
323,622
+7,464
| +2% | +$138K |
|
1644
Heartland Express
HTLD
$917M
| $6.09M | ﹤0.01% |
285,206
-17,725
| -6% | -$384K |
|
|
FOE
1645
DELISTED
Ferro Corporation
FOE
| $6.08M | ﹤0.01% |
483,918
+32,812
| +7% | +$420K |
|
1646
DXP Enterprises
DXPE
$3.02B
| $6.07M | ﹤0.01% |
80,373
+13,609
| +20% | +$1.18M |
|
1647
Stepan Co
SCL
$1.49B
| $6.05M | ﹤0.01% |
114,511
-2,697
| -2% | -$151K |
|
|
IRC
1648
DELISTED
INLAND REAL ESTATE CORP
IRC
| $6.05M | ﹤0.01% |
569,077
+18,231
| +3% | +$192K |
|
|
KBAL
1649
DELISTED
Kimball International
KBAL
| $6.02M | ﹤0.01% |
461,301
+53,833
| +13% | +$708K |
|
1650
Encore Capital Group
ECPG
$1.99B
| $6.01M | ﹤0.01% |
132,438
+1,729
| +1% | +$76.5K |
|
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.