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 | |
|---|---|---|---|---|---|---|
1676
Interactive Brokers
IBKR
$40.7B
| $5.81M | ﹤0.01% |
997,432
+13,864
| +1% | +$79.7K |
|
1677
SPS Commerce
SPSC
$2.7B
| $5.79M | ﹤0.01% |
183,398
+10,936
| +6% | +$306K |
|
|
MTSC
1678
DELISTED
MTS Systems Corp
MTSC
| $5.79M | ﹤0.01% |
85,484
+236
| +0.3% | +$15.7K |
|
|
NPKI
1679
NPK International
NPKI
$1.18B
| $5.79M | ﹤0.01% |
464,471
+36,369
| +8% | +$424K |
|
|
KKD
1680
DELISTED
KRISPY KREME DOUGHNUTS INC
KKD
| $5.79M | ﹤0.01% |
362,156
-136,756
| -27% | -$2.38M |
|
1681
E.W. Scripps
SSP
$307M
| $5.78M | ﹤0.01% |
307,669
+12,507
| +4% | +$206K |
|
|
CORE
1682
DELISTED
Core Mark Holding Co., Inc.
CORE
| $5.77M | ﹤0.01% |
253,008
+4,364
| +2% | +$89.2K |
|
|
ECOL
1683
DELISTED
US Ecology, Inc.
ECOL
| $5.77M | ﹤0.01% |
117,892
+829
| +0.7% | +$38.1K |
|
1684
Diodes
DIOD
$4.75B
| $5.76M | ﹤0.01% |
199,069
+1,940
| +1% | +$53.6K |
|
|
PLKI
1685
DELISTED
Popeyes Louisiana Kitchen, Inc.
PLKI
| $5.76M | ﹤0.01% |
131,884
+745
| +0.6% | +$30.4K |
|
|
TBI
1686
Trueblue
TBI
$310M
| $5.76M | ﹤0.01% |
208,808
+2,450
| +1% | +$67.1K |
|
1687
California Water Service
CWT
$3.09B
| $5.75M | ﹤0.01% |
237,487
-45,712
| -16% | -$1.03M |
|
1688
Quaker Houghton
KWR
$2.94B
| $5.74M | ﹤0.01% |
74,764
+618
| +0.8% | +$46.9K |
|
|
RSO
1689
DELISTED
Resource Capital Corp.
RSO
| $5.74M | ﹤0.01% |
254,958
+76,809
| +43% | +$1.72M |
|
|
KCG
1690
DELISTED
KCG Holdings, Inc.
KCG
| $5.74M | ﹤0.01% |
482,807
-9,386
| -2% | -$105K |
|
1691
WesBanco
WSBC
$4.05B
| $5.72M | ﹤0.01% |
184,299
+8,862
| +5% | +$269K |
|
|
IMGN
1692
DELISTED
Immunogen Inc
IMGN
| $5.71M | ﹤0.01% |
482,071
+1,651
| +0.3% | +$20.7K |
|
|
MTGE
1693
DELISTED
MTGE Investment Corp. Common Stock
MTGE
| $5.71M | ﹤0.01% |
285,061
-1,132
| -0.4% | -$22.5K |
|
|
AKS
1694
DELISTED
AK Steel Holding Corp
AKS
| $5.7M | ﹤0.01% |
716,370
+55,367
| +8% | +$382K |
|
1695
Northern Oil and Gas
NOG
$2.58B
| $5.7M | ﹤0.01% |
35,001
+17
| +0% | +$2.59K |
|
1696
Red Robin
RRGB
$145M
| $5.69M | ﹤0.01% |
79,972
+1,640
| +2% | +$115K |
|
|
LORL
1697
DELISTED
Loral Space and Communications, Inc.
LORL
| $5.69M | ﹤0.01% |
78,316
+460
| +0.6% | +$33.2K |
|
1698
Apogee Enterprises
APOG
$904M
| $5.68M | ﹤0.01% |
162,827
+1,504
| +0.9% | +$46.9K |
|
1699
Federal Signal
FSS
$7.86B
| $5.68M | ﹤0.01% |
387,506
+18,089
| +5% | +$265K |
|
1700
Primoris Services
PRIM
$4.42B
| $5.67M | ﹤0.01% |
196,508
-10,349
| -5% | -$299K |
|
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.