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 | |
|---|---|---|---|---|---|---|
|
AVX
1901
DELISTED
AVX Corporation
AVX
| $4.07M | ﹤0.01% |
306,718
-1,238
| -0.4% | -$16.4K |
|
1902
Safety Insurance
SAFT
$1.52B
| $4.07M | ﹤0.01% |
79,128
+5,826
| +8% | +$307K |
|
|
AVIV
1903
DELISTED
AVIV REIT INC COM STK (MD)
AVIV
| $4.06M | ﹤0.01% |
144,082
+60,917
| +73% | +$1.65M |
|
|
FFIC
1904
DELISTED
Flushing Financial
FFIC
| $4.05M | ﹤0.01% |
197,296
+8,146
| +4% | +$164K |
|
|
ANK
1905
DELISTED
ATLANTIC TELE-NETWORK,INC
ANK
| $4.05M | ﹤0.01% |
69,893
-96
| -0.1% | -$5.57K |
|
1906
Azenta
AZTA
$1.46B
| $4.01M | ﹤0.01% |
372,119
+19,685
| +6% | +$199K |
|
|
NSM
1907
DELISTED
Nationstar Mortgage Holdings
NSM
| $3.99M | ﹤0.01% |
109,901
+15,363
| +16% | +$509K |
|
1908
Kadant
KAI
$4B
| $3.98M | ﹤0.01% |
103,609
+2,688
| +3% | +$99.5K |
|
|
ACET
1909
DELISTED
Aceto Corp
ACET
| $3.97M | ﹤0.01% |
218,935
-16,970
| -7% | -$327K |
|
|
OREX
1910
DELISTED
Orexigen Therapeutics, Inc.
OREX
| $3.97M | ﹤0.01% |
64,208
+10,914
| +20% | +$635K |
|
1911
S&T Bancorp
STBA
$1.81B
| $3.96M | ﹤0.01% |
159,333
+1,641
| +1% | +$39K |
|
1912
Advanced Energy
AEIS
$13.1B
| $3.95M | ﹤0.01% |
205,378
+2,945
| +1% | +$60.2K |
|
|
XXIA
1913
DELISTED
Ixia
XXIA
| $3.94M | ﹤0.01% |
345,007
-15,784
| -4% | -$193K |
|
|
HAYN
1914
DELISTED
Haynes International, Inc.
HAYN
| $3.93M | ﹤0.01% |
69,498
+527
| +0.8% | +$28.4K |
|
1915
Tootsie Roll Industries
TR
$2.97B
| $3.92M | ﹤0.01% |
189,881
+1,033
| +0.5% | +$20.8K |
|
|
TUES
1916
DELISTED
Tuesday Morning Corp
TUES
| $3.92M | ﹤0.01% |
219,907
+18,687
| +9% | +$292K |
|
|
ACI
1917
DELISTED
ARCH COAL, INC.
ACI
| $3.9M | ﹤0.01% |
106,856
+1,022
| +1% | +$42.4K |
|
|
RPTP
1918
DELISTED
RAPTOR PHARMACEUTICAL CORP COM STK (DE)
RPTP
| $3.9M | ﹤0.01% |
337,351
+14,337
| +4% | +$131K |
|
1919
Central Pacific Financial
CPF
$996M
| $3.89M | ﹤0.01% |
196,099
-43,721
| -18% | -$841K |
|
|
COR
1920
DELISTED
Coresite Realty Corporation
COR
| $3.87M | ﹤0.01% |
117,144
+7,544
| +7% | +$238K |
|
|
MANT
1921
DELISTED
Mantech International Corp
MANT
| $3.87M | ﹤0.01% |
131,190
+825
| +0.6% | +$24.3K |
|
|
ORIT
1922
DELISTED
Oritani Financial Corp. New
ORIT
| $3.87M | ﹤0.01% |
251,211
+17,417
| +7% | +$264K |
|
1923
VirnetX Holding Corp
VHC
$61.4M
| $3.86M | ﹤0.01% |
10,972
+109
| +1% | +$33.2K |
|
1924
Acco Brands
ACCO
$396M
| $3.86M | ﹤0.01% |
602,655
+5,629
| +0.9% | +$34.4K |
|
1925
Orthofix Medical
OFIX
$420M
| $3.86M | ﹤0.01% |
106,501
-22,506
| -17% | -$728K |
|
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.