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 | |
|---|---|---|---|---|---|---|
|
HZNP
1726
DELISTED
Horizon Therapeutics Public Limited Company Ordinary Shares
HZNP
| $5.38M | ﹤0.01% |
340,395
+18,455
| +6% | +$263K |
|
|
TUMI
1727
DELISTED
TUMI HLDGS INC COM
TUMI
| $5.37M | ﹤0.01% |
266,647
+3,495
| +1% | +$70.5K |
|
|
HMHC
1728
DELISTED
Houghton Mifflin Harcourt Company
HMHC
| $5.37M | ﹤0.01% |
280,110
+63,498
| +29% | +$1.23M |
|
1729
Oxford Industries
OXM
$542M
| $5.34M | ﹤0.01% |
80,062
+4,428
| +6% | +$298K |
|
|
AAWW
1730
DELISTED
Atlas Air Worldwide Holdings, Inc.
AAWW
| $5.32M | ﹤0.01% |
144,295
+837
| +0.6% | +$30.4K |
|
|
ILG
1731
DELISTED
ILG, Inc Common Stock
ILG
| $5.32M | ﹤0.01% |
242,273
+15,423
| +7% | +$356K |
|
1732
Axos Financial
AX
$5.68B
| $5.3M | ﹤0.01% |
288,420
+35,428
| +14% | +$697K |
|
|
FPO
1733
DELISTED
First Potomac Realty Trust
FPO
| $5.29M | ﹤0.01% |
402,922
+11,342
| +3% | +$148K |
|
1734
Kulicke & Soffa
KLIC
$4.76B
| $5.28M | ﹤0.01% |
370,410
-23,865
| -6% | -$327K |
|
|
CNSL
1735
DELISTED
Consolidated Communications Holdings, Inc.
CNSL
| $5.28M | ﹤0.01% |
237,358
+1,998
| +0.8% | +$40.4K |
|
1736
Kite Realty
KRG
$5.24B
| $5.27M | ﹤0.01% |
214,775
+6,643
| +3% | +$162K |
|
|
ZINC
1737
DELISTED
HORSEHEAD HLDG CORP COM STK (DE)
ZINC
| $5.27M | ﹤0.01% |
288,678
+16,698
| +6% | +$277K |
|
|
AIMC
1738
DELISTED
Altra Industrial Motion Corp
AIMC
| $5.27M | ﹤0.01% |
144,758
-968
| -0.7% | -$34K |
|
1739
Provident Financial Services
PFS
$3.23B
| $5.26M | ﹤0.01% |
303,695
+22,026
| +8% | +$383K |
|
1740
Wabash National
WNC
$505M
| $5.26M | ﹤0.01% |
368,866
+3,706
| +1% | +$50.8K |
|
|
ISCA
1741
DELISTED
International Speedway Corp
ISCA
| $5.25M | ﹤0.01% |
157,653
+6,155
| +4% | +$195K |
|
1742
Renasant Corp
RNST
$3.92B
| $5.23M | ﹤0.01% |
179,906
+17,840
| +11% | +$501K |
|
1743
Coty
COTY
$2.48B
| $5.22M | ﹤0.01% |
304,929
+2,923
| +1% | +$47.5K |
|
1744
Badger Meter
BMI
$3.93B
| $5.21M | ﹤0.01% |
197,888
+5,516
| +3% | +$141K |
|
|
UTIW
1745
DELISTED
UTI WORLDWIDE INC
UTIW
| $5.21M | ﹤0.01% |
503,800
+5,628
| +1% | +$55.8K |
|
|
ELGX
1746
DELISTED
Endologix Inc
ELGX
| $5.21M | ﹤0.01% |
34,245
+245
| +0.7% | +$32.6K |
|
1747
Blackstone Mortgage Trust
BXMT
$2.47B
| $5.21M | ﹤0.01% |
179,487
+17,574
| +11% | +$508K |
|
1748
Teva Pharmaceuticals
TEVA
$42.5B
| $5.19M | ﹤0.01% |
99,079
+23,688
| +31% | +$1.21M |
|
|
AUXL
1749
DELISTED
AUXILIUM PHARAMCEUTICALS INC
AUXL
| $5.19M | ﹤0.01% |
258,891
-1,768
| -0.7% | -$40.6K |
|
1750
Banner Corp
BANR
$2.47B
| $5.19M | ﹤0.01% |
130,924
-10,540
| -7% | -$417K |
|
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.