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 | |
|---|---|---|---|---|---|---|
|
CBB
1876
DELISTED
Cincinnati Bell Inc.
CBB
| $4.22M | ﹤0.01% |
214,718
+1,974
| +0.9% | +$36.1K |
|
|
AVTA
1877
DELISTED
Avantax, Inc. Common Stock
AVTA
| $4.21M | ﹤0.01% |
223,424
+3,453
| +2% | +$65K |
|
1878
Myers Industries
MYE
$1.21B
| $4.21M | ﹤0.01% |
209,570
-20,860
| -9% | -$436K |
|
1879
eHealth
EHTH
$39.1M
| $4.21M | ﹤0.01% |
110,875
-8,656
| -7% | -$343K |
|
1880
First Bancorp
FBP
$4.43B
| $4.21M | ﹤0.01% |
773,717
+36,103
| +5% | +$190K |
|
|
WSTC
1881
DELISTED
West Corporation
WSTC
| $4.2M | ﹤0.01% |
156,749
+22,049
| +16% | +$562K |
|
1882
Koppers
KOP
$870M
| $4.19M | ﹤0.01% |
109,655
+3,838
| +4% | +$150K |
|
|
CPE
1883
DELISTED
Callon Petroleum Company
CPE
| $4.17M | ﹤0.01% |
35,769
+14,277
| +66% | +$1.41M |
|
1884
National Healthcare
NHC
$3.39B
| $4.16M | ﹤0.01% |
73,966
+421
| +0.6% | +$22.9K |
|
1885
Harmonic Inc
HLIT
$1.24B
| $4.16M | ﹤0.01% |
557,900
+32,956
| +6% | +$237K |
|
|
BFS
1886
Saul Centers
BFS
$853M
| $4.15M | ﹤0.01% |
85,437
+3,723
| +5% | +$176K |
|
1887
Comfort Systems
FIX
$59.4B
| $4.15M | ﹤0.01% |
262,679
+8,144
| +3% | +$127K |
|
1888
Theravance Biopharma
TBPH
$878M
| $4.14M | ﹤0.01% |
+129,835
| New | +$3.91M |
|
1889
Team
TISI
$104M
| $4.14M | ﹤0.01% |
10,091
+93
| +0.9% | +$38.6K |
|
|
BSFT
1890
DELISTED
BroadSoft, Inc.
BSFT
| $4.14M | ﹤0.01% |
156,802
+13,549
| +9% | +$325K |
|
|
TGH
1891
DELISTED
Textainer Group Holdings limited
TGH
| $4.14M | ﹤0.01% |
107,098
+7,959
| +8% | +$309K |
|
|
YELL
1892
DELISTED
Yellow Corporation Common Stock
YELL
| $4.13M | ﹤0.01% |
147,036
+78,915
| +116% | +$1.76M |
|
|
LQ
1893
DELISTED
La Quinta Holdings Inc.
LQ
| $4.13M | ﹤0.01% |
+215,648
| New | +$3.8M |
|
|
NFBK
1894
DELISTED
Northfield Bancorp
NFBK
| $4.12M | ﹤0.01% |
314,536
+23,904
| +8% | +$309K |
|
1895
Materion
MTRN
$5.85B
| $4.11M | ﹤0.01% |
111,221
+4,799
| +5% | +$166K |
|
|
KG
1896
Kestrel Group
KG
$68.8M
| $4.11M | ﹤0.01% |
16,993
+898
| +6% | +$219K |
|
|
SZYM
1897
DELISTED
SOLAZYME INC COM STK (DE)
SZYM
| $4.11M | ﹤0.01% |
348,757
+55,566
| +19% | +$592K |
|
1898
ICF International
ICFI
$1.62B
| $4.11M | ﹤0.01% |
116,113
+7,104
| +7% | +$267K |
|
1899
Modine Manufacturing
MOD
$10.5B
| $4.1M | ﹤0.01% |
260,797
+1,269
| +0.5% | +$19.5K |
|
|
ARI
1900
Apollo Commercial Real Estate
ARI
$862M
| $4.09M | ﹤0.01% |
247,792
+7,946
| +3% | +$133K |
|
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.