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 | |
|---|---|---|---|---|---|---|
|
CODE
1701
DELISTED
SPANSION INC, CLASS A COMMON STOCK
CODE
| $5.64M | ﹤0.01% |
267,744
+12,023
| +5% | +$228K |
|
|
FIO
1702
DELISTED
FUSION-IO INC COM
FIO
| $5.63M | ﹤0.01% |
497,808
+23,635
| +5% | +$219K |
|
|
DOOR
1703
DELISTED
MASONITE INTERNATIONAL CORP
DOOR
| $5.62M | ﹤0.01% |
99,851
+24,442
| +32% | +$1.33M |
|
|
OMG
1704
DELISTED
OM GROUP INC.
OMG
| $5.61M | ﹤0.01% |
172,996
+1,710
| +1% | +$52.7K |
|
|
WIBC
1705
DELISTED
WILSHIRE BANCORP INC
WIBC
| $5.61M | ﹤0.01% |
545,864
+30,297
| +6% | +$313K |
|
|
SIR
1706
DELISTED
SELECT INCOME REIT
SIR
| $5.6M | ﹤0.01% |
430,059
+63,440
| +17% | +$828K |
|
1707
Independent Bank
INDB
$4.02B
| $5.58M | ﹤0.01% |
145,526
+2,901
| +2% | +$109K |
|
|
EGOV
1708
DELISTED
NIC Inc
EGOV
| $5.58M | ﹤0.01% |
351,819
+12,879
| +4% | +$225K |
|
1709
Dycom Industries
DY
$12.1B
| $5.57M | ﹤0.01% |
178,027
-1,847
| -1% | -$57.5K |
|
|
ASEI
1710
DELISTED
AMER SCIENCE & ENGR INC.
ASEI
| $5.55M | ﹤0.01% |
79,762
-703
| -0.9% | -$47.1K |
|
1711
Halozyme
HALO
$11.6B
| $5.54M | ﹤0.01% |
561,019
+11,540
| +2% | +$97.9K |
|
1712
Coeur Mining
CDE
$19.1B
| $5.53M | ﹤0.01% |
602,778
+41,489
| +7% | +$341K |
|
|
SCS
1713
DELISTED
Steelcase
SCS
| $5.53M | ﹤0.01% |
365,647
+30,664
| +9% | +$505K |
|
1714
First Merchants
FRME
$2.69B
| $5.53M | ﹤0.01% |
261,433
+5,680
| +2% | +$118K |
|
1715
Helios Technologies
HLIO
$2.68B
| $5.52M | ﹤0.01% |
136,018
+1,728
| +1% | +$68.6K |
|
|
STL
1716
DELISTED
Sterling Bancorp
STL
| $5.52M | ﹤0.01% |
460,135
+4,344
| +1% | +$51.5K |
|
|
RATE
1717
DELISTED
Bankrate Inc
RATE
| $5.5M | ﹤0.01% |
313,864
+58,826
| +23% | +$963K |
|
|
AHT
1718
Ashford Hospitality Trust
AHT
$20.3M
| $5.49M | ﹤0.01% |
510
+34
| +7% | +$338K |
|
|
TCF
1719
DELISTED
TCF Financial Corporation Common Stock
TCF
| $5.47M | ﹤0.01% |
194,741
+8,445
| +5% | +$247K |
|
|
WIRE
1720
DELISTED
Encore Wire Corp
WIRE
| $5.45M | ﹤0.01% |
111,124
+8,606
| +8% | +$418K |
|
|
SFR
1721
DELISTED
Starwood Waypoint Homes
SFR
| $5.45M | ﹤0.01% |
207,752
+13,371
| +7% | +$364K |
|
|
ABAX
1722
DELISTED
Abaxis Inc
ABAX
| $5.44M | ﹤0.01% |
122,794
+9,067
| +8% | +$377K |
|
1723
Intrepid Potash
IPI
$496M
| $5.4M | ﹤0.01% |
32,243
+1,848
| +6% | +$297K |
|
|
XCO
1724
DELISTED
Exco Resources
XCO
| $5.4M | ﹤0.01% |
61,101
-389
| -0.6% | -$33K |
|
|
VRTU
1725
DELISTED
Virtusa Corporation
VRTU
| $5.38M | ﹤0.01% |
150,423
+3,538
| +2% | +$121K |
|
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.