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 | |
|---|---|---|---|---|---|---|
|
CLDT
2101
Chatham Lodging
CLDT
$585M
| $3.01M | ﹤0.01% |
137,531
+1,242
| +0.9% | +$26.9K |
|
2102
iShares Core MSCI Emerging Markets ETF
IEMG
$158B
| – | – |
0
| – | – |
|
|
UNTD
2103
DELISTED
UNITED ONLINE INC COM NEW
UNTD
| $3.01M | ﹤0.01% |
289,467
-23,989
| -8% | -$260K |
|
|
RLD
2104
DELISTED
REALD INC COM STK
RLD
| $3.01M | ﹤0.01% |
235,742
+1,756
| +0.8% | +$20.3K |
|
|
HRG
2105
DELISTED
HRG Group, Inc.
HRG
| $3.01M | ﹤0.01% |
236,861
+46,971
| +25% | +$564K |
|
2106
Gibraltar Industries
ROCK
$1.45B
| $3M | ﹤0.01% |
193,764
+1,257
| +0.7% | +$20.8K |
|
2107
Photronics
PLAB
$1.95B
| $3M | ﹤0.01% |
348,820
+2,537
| +0.7% | +$22K |
|
2108
Weis Markets
WMK
$1.77B
| $3M | ﹤0.01% |
65,542
+4,036
| +7% | +$186K |
|
2109
Veeva Systems
VEEV
$38.2B
| $3M | ﹤0.01% |
117,719
+44,997
| +62% | +$974K |
|
|
INFI
2110
DELISTED
Infinity Pharmaceuticals, Inc.
INFI
| $2.99M | ﹤0.01% |
234,971
+8,812
| +4% | +$91.8K |
|
|
ANAC
2111
DELISTED
ANACOR PHARMACEUTICALS INC COM
ANAC
| $2.99M | ﹤0.01% |
168,654
+6,331
| +4% | +$102K |
|
|
AVG
2112
DELISTED
AVG Technologies N.V.
AVG
| $2.97M | ﹤0.01% |
147,723
-490
| -0.3% | -$9.65K |
|
|
WLH
2113
DELISTED
WILLIAM LYON HOMES
WLH
| $2.97M | ﹤0.01% |
97,552
+44,585
| +84% | +$1.2M |
|
2114
Park Aerospace
PKE
$821M
| $2.97M | ﹤0.01% |
105,178
+917
| +0.9% | +$25.1K |
|
2115
Bristow Group
VTOL
$1.37B
| $2.96M | ﹤0.01% |
51,689
+526
| +1% | +$30.6K |
|
2116
Griffon
GFF
$4.73B
| $2.96M | ﹤0.01% |
238,755
+2,741
| +1% | +$31.7K |
|
|
ZU
2117
DELISTED
ZULILY INC CLASS A COMMON STOCK
ZU
| $2.96M | ﹤0.01% |
72,286
+225
| +0.3% | +$9.05K |
|
|
IO
2118
DELISTED
ION Geophysical Corporation
IO
| $2.96M | ﹤0.01% |
46,750
+275
| +0.6% | +$17.3K |
|
2119
Interparfums
IPAR
$3.76B
| $2.96M | ﹤0.01% |
100,116
+1,402
| +1% | +$44.8K |
|
2120
PDF Solutions
PDFS
$2.15B
| $2.96M | ﹤0.01% |
139,367
+4,638
| +3% | +$88.7K |
|
|
MNR
2121
DELISTED
Monmouth Real Estate Investment Corp
MNR
| $2.93M | ﹤0.01% |
292,296
+36,598
| +14% | +$346K |
|
|
BNNY
2122
DELISTED
ANNIES INC COMMON STOCK (DE)
BNNY
| $2.93M | ﹤0.01% |
86,740
+3,221
| +4% | +$108K |
|
|
MCRL
2123
DELISTED
MICREL INC
MCRL
| $2.93M | ﹤0.01% |
259,718
+25,543
| +11% | +$275K |
|
2124
Columbus McKinnon
CMCO
$553M
| $2.92M | ﹤0.01% |
108,131
+694
| +0.6% | +$19K |
|
2125
Foster
FSTR
$403M
| $2.92M | ﹤0.01% |
53,963
+1,352
| +3% | +$67.2K |
|
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.