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 | |
|---|---|---|---|---|---|---|
1976
Quanex
NX
$1.01B
| $3.56M | ﹤0.01% |
198,938
+2,002
| +1% | +$37.5K |
|
1977
Ezcorp Inc
EZPW
$1.66B
| $3.55M | ﹤0.01% |
307,714
+2,573
| +0.8% | +$29.4K |
|
|
SASR
1978
DELISTED
Sandy Spring Bancorp Inc
SASR
| $3.55M | ﹤0.01% |
142,546
+18,771
| +15% | +$454K |
|
1979
Washington Trust Bancorp
WASH
$744M
| $3.55M | ﹤0.01% |
96,495
+12,584
| +15% | +$445K |
|
|
PBY
1980
DELISTED
PEP BOYS MANNY MOE& JACK
PBY
| $3.55M | ﹤0.01% |
309,674
+2,320
| +0.8% | +$25.1K |
|
|
CGRN
1981
DELISTED
Capstone Green Energy Corporation Common Stock
CGRN
| $3.55M | ﹤0.01% |
11,748
+621
| +6% | +$213K |
|
1982
Lakeland Financial Corp
LKFN
$1.54B
| $3.55M | ﹤0.01% |
139,404
+9,217
| +7% | +$230K |
|
|
AMTG
1983
DELISTED
APOLLO RESIDENTIAL MTG INC COM STK
AMTG
| $3.54M | ﹤0.01% |
211,953
+679
| +0.3% | +$11.1K |
|
|
RDUS
1984
DELISTED
Radius Recycling
RDUS
| $3.54M | ﹤0.01% |
135,852
+109
| +0.1% | +$2.91K |
|
|
BBOX
1985
DELISTED
Black Box Corp
BBOX
| $3.53M | ﹤0.01% |
150,735
+1,806
| +1% | +$41.1K |
|
1986
Ethan Allen Interiors
ETD
$602M
| $3.53M | ﹤0.01% |
142,631
+1,358
| +1% | +$33.2K |
|
|
UTEK
1987
DELISTED
Ultratech Inc.
UTEK
| $3.52M | ﹤0.01% |
158,799
+1,441
| +0.9% | +$36.2K |
|
1988
Accuray
ARAY
$34.6M
| $3.52M | ﹤0.01% |
400,279
+54,270
| +16% | +$470K |
|
1989
Daktronics
DAKT
$1.02B
| $3.51M | ﹤0.01% |
294,312
+4,895
| +2% | +$63.5K |
|
1990
Insmed
INSM
$29B
| $3.51M | ﹤0.01% |
175,495
+4,272
| +2% | +$63.3K |
|
1991
Strategic Education
STRA
$1.81B
| $3.5M | ﹤0.01% |
66,641
+5,490
| +9% | +$278K |
|
|
FTD
1992
DELISTED
FTD Companies, Inc. Common Stock
FTD
| $3.49M | ﹤0.01% |
109,719
-561
| -0.5% | -$17.1K |
|
1993
Ameris Bancorp
ABCB
$5.92B
| $3.49M | ﹤0.01% |
161,691
+10,409
| +7% | +$225K |
|
1994
Marten Transport
MRTN
$1.18B
| $3.46M | ﹤0.01% |
387,328
+240
| +0.1% | +$2.19K |
|
1995
Forestar Group
FOR
$1.48B
| $3.45M | ﹤0.01% |
180,764
+1,685
| +0.9% | +$29.9K |
|
1996
Haverty Furniture Companies
HVT
$443M
| $3.45M | ﹤0.01% |
137,274
+33,923
| +33% | +$861K |
|
|
TSRO
1997
DELISTED
TESARO, Inc.
TSRO
| $3.44M | ﹤0.01% |
110,697
+4,924
| +5% | +$131K |
|
1998
United Fire Group
UFCS
$1.39B
| $3.44M | ﹤0.01% |
117,244
-4,234
| -3% | -$121K |
|
|
CHUY
1999
DELISTED
Chuy's Holdings, Inc. Common Stock
CHUY
| $3.44M | ﹤0.01% |
94,694
+846
| +0.9% | +$29.9K |
|
|
STNR
2000
DELISTED
STEINER LEISURE LTD
STNR
| $3.44M | ﹤0.01% |
79,394
+6,875
| +9% | +$290K |
|
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.