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 | |
|---|---|---|---|---|---|---|
1651
Saia
SAIA
$9.5B
| $6.01M | ﹤0.01% |
136,909
+1,398
| +1% | +$58K |
|
|
NPBC
1652
DELISTED
NATL PENN BANCSHARES INC
NPBC
| $6M | ﹤0.01% |
567,183
-150,072
| -21% | -$1.54M |
|
|
BPFH
1653
DELISTED
Boston Private Financial Holdings, Inc.
BPFH
| $6M | ﹤0.01% |
446,254
+1,581
| +0.4% | +$20.3K |
|
|
HNGR
1654
DELISTED
Hanger Inc.
HNGR
| $5.98M | ﹤0.01% |
190,050
-30,883
| -14% | -$995K |
|
|
HEES
1655
DELISTED
H&E Equipment Services
HEES
| $5.97M | ﹤0.01% |
164,421
+5,733
| +4% | +$210K |
|
1656
National CineMedia
NCMI
$346M
| $5.97M | ﹤0.01% |
34,078
+1,357
| +4% | +$216K |
|
1657
Standard Motor Products
SMP
$884M
| $5.96M | ﹤0.01% |
133,432
+7,561
| +6% | +$305K |
|
1658
Argan
AGX
$8.23B
| $5.95M | ﹤0.01% |
159,553
+27,597
| +21% | +$828K |
|
1659
Winnebago Industries
WGO
$926M
| $5.95M | ﹤0.01% |
236,201
-7,004
| -3% | -$172K |
|
|
MDC
1660
DELISTED
M.D.C. Holdings, Inc.
MDC
| $5.94M | ﹤0.01% |
272,383
+2,223
| +0.8% | +$45.7K |
|
|
CRAY
1661
DELISTED
Cray, Inc.
CRAY
| $5.91M | ﹤0.01% |
222,146
+7,523
| +4% | +$217K |
|
|
EXAM
1662
DELISTED
EXAMWORKS GROUP INC COM STK (DE)
EXAM
| $5.9M | ﹤0.01% |
186,061
+45,145
| +32% | +$1.48M |
|
|
WAC
1663
DELISTED
Walter Investment Mgt Corp
WAC
| $5.89M | ﹤0.01% |
197,785
+10,434
| +6% | +$298K |
|
|
AXON
1664
Axon Enterprise
AXON
$52.1B
| $5.88M | ﹤0.01% |
441,887
-34,193
| -7% | -$508K |
|
1665
Exponent
EXPO
$3.26B
| $5.87M | ﹤0.01% |
316,976
-6,124
| -2% | -$109K |
|
|
SGMO
1666
DELISTED
SANGAMO THERAPEUTICS INC
SGMO
| $5.87M | ﹤0.01% |
384,501
+18,140
| +5% | +$261K |
|
|
HW
1667
DELISTED
Headwaters Inc
HW
| $5.86M | ﹤0.01% |
421,940
+6,142
| +1% | +$78.3K |
|
1668
Standex International
SXI
$3.98B
| $5.86M | ﹤0.01% |
78,620
+7,469
| +10% | +$512K |
|
1669
Thomson Reuters
TRI
$45.5B
| $5.85M | ﹤0.01% |
138,408
-17,607
| -11% | -$720K |
|
|
CSR
1670
Centerspace
CSR
$922M
| $5.84M | ﹤0.01% |
63,471
+5,726
| +10% | +$508K |
|
|
MODV
1671
DELISTED
ModivCare
MODV
| $5.84M | ﹤0.01% |
159,753
+15,590
| +11% | +$615K |
|
|
LTXB
1672
DELISTED
LegacyTexas Financial Group Inc
LTXB
| $5.84M | ﹤0.01% |
217,149
+1,120
| +0.5% | +$29.4K |
|
1673
AAR Corp
AIR
$5.88B
| $5.82M | ﹤0.01% |
211,212
-38,374
| -15% | -$994K |
|
1674
EXL Service
EXLS
$5.29B
| $5.82M | ﹤0.01% |
987,905
+1,035
| +0.1% | +$5.98K |
|
1675
Globalstar
GSAT
$10.8B
| $5.81M | ﹤0.01% |
+91,170
| New | +$4.67M |
|
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.