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 | |
|---|---|---|---|---|---|---|
2076
Fabrinet
FN
$20.8B
| $3.13M | ﹤0.01% |
151,920
+19,235
| +14% | +$390K |
|
|
SSI
2077
DELISTED
Stage Stores Inc
SSI
| $3.13M | ﹤0.01% |
167,267
+4,333
| +3% | +$86.8K |
|
2078
BancFirst
BANF
$3.8B
| $3.12M | ﹤0.01% |
100,794
+10,254
| +11% | +$304K |
|
|
SGNT
2079
DELISTED
SAGENT PHARMACEUTICALS INC COM STK (DE)
SGNT
| $3.12M | ﹤0.01% |
120,511
+2,888
| +2% | +$64.1K |
|
|
NWLIA
2080
DELISTED
NATL WESTN LIFE INS CO CL A
NWLIA
| $3.1M | ﹤0.01% |
12,438
+405
| +3% | +$101K |
|
2081
Vanda Pharmaceuticals
VNDA
$316M
| $3.1M | ﹤0.01% |
191,492
+1,563
| +0.8% | +$20.8K |
|
|
STBZ
2082
DELISTED
State Bank Financial Corporation. Common Stock
STBZ
| $3.1M | ﹤0.01% |
183,261
+55
| +0% | +$917 |
|
2083
McEwen Inc
MUX
$1.18B
| $3.09M | ﹤0.01% |
107,165
| – | – |
|
|
PRSU
2084
Pursuit Attractions and Hospitality Inc
PRSU
$1.28B
| $3.08M | ﹤0.01% |
129,291
+7,591
| +6% | +$178K |
|
|
TNGO
2085
DELISTED
Tangoe, Inc.
TNGO
| $3.08M | ﹤0.01% |
204,664
+7,258
| +4% | +$112K |
|
2086
Omeros
OMER
$971M
| $3.08M | ﹤0.01% |
177,115
+21,004
| +13% | +$265K |
|
|
WMC
2087
DELISTED
Western Asset Mortgage Capital Corporation
WMC
| $3.07M | ﹤0.01% |
21,651
+9,759
| +82% | +$1.41M |
|
|
VWTR
2088
DELISTED
Vidler Water Resouces, Inc. Common Stock
VWTR
| $3.06M | ﹤0.01% |
129,025
+371
| +0.3% | +$8.67K |
|
|
BBT
2089
Beacon Financial Corp
BBT
$2.68B
| $3.06M | ﹤0.01% |
131,946
+248
| +0.2% | +$5.84K |
|
|
VVUS
2090
DELISTED
Vivus Inc
VVUS
| $3.06M | ﹤0.01% |
57,497
+4,647
| +9% | +$239K |
|
|
CKP
2091
DELISTED
CHECKPOINT SYSTEMS INC
CKP
| $3.06M | ﹤0.01% |
218,556
+9,439
| +5% | +$124K |
|
|
WPP
2092
DELISTED
WAUSAU PAPER CORP.
WPP
| $3.05M | ﹤0.01% |
282,068
-1,867
| -0.7% | -$20.7K |
|
2093
Quad
QUAD
$503M
| $3.05M | ﹤0.01% |
136,366
+2,809
| +2% | +$60.3K |
|
2094
NXP Semiconductors
NXPI
$59.3B
| $3.04M | ﹤0.01% |
45,933
-679
| -1% | -$41.6K |
|
|
FRED
2095
DELISTED
Fred's Inc
FRED
| $3.04M | ﹤0.01% |
198,558
+1,755
| +0.9% | +$29.4K |
|
|
RENT
2096
DELISTED
RENTRAK CORP
RENT
| $3.03M | ﹤0.01% |
57,811
-10,017
| -15% | -$530K |
|
2097
Essent Group
ESNT
$6.17B
| $3.03M | ﹤0.01% |
150,902
+28,524
| +23% | +$580K |
|
2098
SiriusPoint
SPNT
$2.65B
| $3.03M | ﹤0.01% |
198,497
+13,162
| +7% | +$206K |
|
|
MOVE
2099
DELISTED
MOVE INC COM STK NEW (DE)
MOVE
| $3.03M | ﹤0.01% |
204,599
+1,136
| +0.6% | +$13.7K |
|
2100
Tredegar Corp
TG
$279M
| $3.02M | ﹤0.01% |
128,813
+1,206
| +0.9% | +$26.5K |
|
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.