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 | |
|---|---|---|---|---|---|---|
2001
OneMain Financial
OMF
$7.32B
| $3.43M | ﹤0.01% |
132,360
+1,337
| +1% | +$32.8K |
|
|
RAS
2002
DELISTED
RAIT Financial Trust
RAS
| $3.43M | ﹤0.01% |
415,455
+14,031
| +3% | +$113K |
|
|
MESG
2003
DELISTED
XURA INC COM (DE)
MESG
| $3.43M | ﹤0.01% |
128,673
-28,692
| -18% | -$761K |
|
2004
The Ensign Group
ENSG
$10.5B
| $3.43M | ﹤0.01% |
235,982
-191,866
| -45% | -$2.29M |
|
2005
AMN Healthcare
AMN
$1.28B
| $3.43M | ﹤0.01% |
278,706
+2,460
| +0.9% | +$29.4K |
|
|
EXL
2006
DELISTED
EXCEL TRUST , INC COM STK
EXL
| $3.41M | ﹤0.01% |
255,811
+3,589
| +1% | +$46.5K |
|
|
TAM
2007
DELISTED
TAMINCO CORP COM
TAM
| $3.41M | ﹤0.01% |
146,531
+8,691
| +6% | +$181K |
|
2008
Stewart Information Services
STC
$2B
| $3.41M | ﹤0.01% |
109,883
+1,171
| +1% | +$37.4K |
|
|
BLOX
2009
DELISTED
Infoblox Inc
BLOX
| $3.41M | ﹤0.01% |
259,128
+15,905
| +7% | +$272K |
|
|
TRST
2010
Trustco Bank Corp NY
TRST
$953M
| $3.4M | ﹤0.01% |
101,915
+7,107
| +7% | +$237K |
|
|
CMRX
2011
DELISTED
Chimerix, Inc.
CMRX
| $3.4M | ﹤0.01% |
155,106
+73,849
| +91% | +$1.47M |
|
|
VG
2012
DELISTED
Vonage Holdings Corporation
VG
| $3.4M | ﹤0.01% |
907,624
+18,651
| +2% | +$70.4K |
|
2013
Gorman-Rupp
GRC
$2.19B
| $3.39M | ﹤0.01% |
95,969
+814
| +0.9% | +$26.3K |
|
2014
Stratasys
SSYS
$782M
| $3.39M | ﹤0.01% |
29,862
+5,148
| +21% | +$505K |
|
2015
CTS Corp
CTS
$1.83B
| $3.39M | ﹤0.01% |
181,407
+1,664
| +0.9% | +$30.6K |
|
|
CPLA
2016
DELISTED
Capella Education Company
CPLA
| $3.39M | ﹤0.01% |
62,288
-18,206
| -23% | -$1.04M |
|
2017
Kforce
KFRC
$1.04B
| $3.39M | ﹤0.01% |
156,441
+1,134
| +0.7% | +$24.7K |
|
|
ENOC
2018
DELISTED
EnerNOC, Inc.
ENOC
| $3.38M | ﹤0.01% |
178,582
+33,782
| +23% | +$681K |
|
2019
Merit Medical Systems
MMSI
$5.44B
| $3.38M | ﹤0.01% |
223,869
+13,440
| +6% | +$186K |
|
2020
Usana Health Sciences
USNA
$254M
| $3.38M | ﹤0.01% |
86,406
-13,518
| -14% | -$502K |
|
|
TVTY
2021
DELISTED
Tivity Health, Inc. Common Stock
TVTY
| $3.37M | ﹤0.01% |
192,002
+11,010
| +6% | +$189K |
|
2022
Biglari Holdings Class B
BH
$1.2B
| $3.37M | ﹤0.01% |
12,856
+87
| +0.7% | +$23.4K |
|
2023
AeroVironment
AVAV
$9.92B
| $3.36M | ﹤0.01% |
105,814
+1,141
| +1% | +$38.7K |
|
|
ADAM
2024
Adamas Trust
ADAM
$919M
| $3.36M | ﹤0.01% |
107,604
+12,321
| +13% | +$380K |
|
|
CGI
2025
DELISTED
Celadon Group Inc
CGI
| $3.35M | ﹤0.01% |
157,214
+1,409
| +0.9% | +$31.8K |
|
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.