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 | |
|---|---|---|---|---|---|---|
2226
Natural Gas Services Group
NGS
$478M
| $2.41M | ﹤0.01% |
72,824
+213
| +0.3% | +$6.62K |
|
2227
Qualys
QLYS
$6.43B
| $2.41M | ﹤0.01% |
93,776
+4,454
| +5% | +$101K |
|
2228
The Bancorp
TBBK
$2.82B
| $2.4M | ﹤0.01% |
201,725
+1,619
| +0.8% | +$25.2K |
|
2229
TTM Technologies
TTMI
$14.5B
| $2.39M | ﹤0.01% |
291,853
+2,886
| +1% | +$22.6K |
|
|
FRM
2230
DELISTED
FURMANITE CORPORATION COM
FRM
| $2.39M | ﹤0.01% |
205,263
-6,759
| -3% | -$71.1K |
|
2231
Golar LNG
GLNG
$5.22B
| $2.39M | ﹤0.01% |
39,737
-460
| -1% | -$21.6K |
|
2232
Kelly Services Class A
KELYA
$530M
| $2.38M | ﹤0.01% |
138,894
+1,500
| +1% | +$29.5K |
|
|
GLUU
2233
DELISTED
Glu Mobile Inc.
GLUU
| $2.38M | ﹤0.01% |
476,943
+119,880
| +34% | +$479K |
|
2234
DHT Holdings
DHT
$3.01B
| $2.38M | ﹤0.01% |
331,069
+85,403
| +35% | +$638K |
|
2235
Immersion
IMMR
$245M
| $2.38M | ﹤0.01% |
187,168
+2,916
| +2% | +$31.6K |
|
2236
American Coastal Insurance
ACIC
$466M
| $2.37M | ﹤0.01% |
137,467
+48,933
| +55% | +$798K |
|
|
SPPI
2237
DELISTED
Spectrum Pharmaceuticals Inc
SPPI
| $2.37M | ﹤0.01% |
291,503
+6,079
| +2% | +$46.1K |
|
|
COWN
2238
DELISTED
Cowen Inc. Class A Common Stock
COWN
| $2.37M | ﹤0.01% |
140,193
+4,185
| +3% | +$69K |
|
2239
Douglas Dynamics
PLOW
$966M
| $2.35M | ﹤0.01% |
133,704
+11,186
| +9% | +$194K |
|
2240
Check Point Software Technologies
CHKP
$13.1B
| $2.35M | ﹤0.01% |
35,119
-498
| -1% | -$32.7K |
|
2241
Noodles & Co
NDLS
$97.6M
| $2.35M | ﹤0.01% |
8,559
+538
| +7% | +$148K |
|
|
DOC
2242
DELISTED
PHYSICIANS REALTY TRUST
DOC
| $2.35M | ﹤0.01% |
163,385
+38,509
| +31% | +$526K |
|
|
GPX
2243
DELISTED
GP Strategies Corp.
GPX
| $2.35M | ﹤0.01% |
90,672
| – | – |
|
2244
Builders FirstSource
BLDR
$7.73B
| $2.34M | ﹤0.01% |
312,906
+2,203
| +0.7% | +$17.2K |
|
2245
Onto Innovation
ONTO
$20.5B
| $2.34M | ﹤0.01% |
128,138
+5,746
| +5% | +$97.2K |
|
|
EPZM
2246
DELISTED
Epizyme, Inc
EPZM
| $2.34M | ﹤0.01% |
75,082
+4,630
| +7% | +$109K |
|
|
CVGW
2247
DELISTED
Calavo Growers
CVGW
| $2.33M | ﹤0.01% |
68,898
+654
| +1% | +$21.4K |
|
|
PTLA
2248
DELISTED
Portola Pharmaceuticals, Inc.
PTLA
| $2.33M | ﹤0.01% |
79,844
+19,513
| +32% | +$472K |
|
2249
Extreme Networks
EXTR
$3.23B
| $2.33M | ﹤0.01% |
523,941
-78,242
| -13% | -$369K |
|
2250
First Busey Corp
BUSE
$2.58B
| $2.32M | ﹤0.01% |
133,114
+24,817
| +23% | +$420K |
|
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.