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 |
TFCFA
Twenty-First Century Fox, Inc. Class A
TFCFA
|
+$450M |
| 2 |
Meta Platforms (Facebook)
META
|
+$168M |
| 3 |
Alphabet (Google) Class C
GOOG
|
+$119M |
| 4 |
Microsoft
MSFT
|
+$69.8M |
| 5 |
ExxonMobil
XOM
|
+$65.8M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
NWSA
NEWS CORPORATION CL-A
NWSA
|
+$437M |
| 2 |
FON
SPRINT CORP FON COM
FON
|
+$140M |
| 3 |
BMC
BMC SOFTWARE, INC
BMC
|
+$42.1M |
| 4 |
Walt Disney
DIS
|
+$35.8M |
| 5 |
Oracle
ORCL
|
+$21.6M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 14.89% |
| 2 | Technology | 13.68% |
| 3 | Healthcare | 12.81% |
| 4 | Industrials | 10.88% |
| 5 | Energy | 9.39% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
FLIR
526
DELISTED
FLIR Systems, Inc. (DE) Common Stock
FLIR
| $31.6M | 0.03% |
1,005,374
+31,095
| +3% | +$971K |
|
527
ResMed
RMD
$30.7B
| $31.5M | 0.03% |
597,324
+14,694
| +3% | +$713K |
|
528
OGE Energy
OGE
$9.71B
| $31.5M | 0.03% |
873,367
+79,623
| +10% | +$2.88M |
|
|
TW
529
DELISTED
TOWERS WATSON & CO COM STK CL A (DE)
TW
| $31.5M | 0.03% |
294,533
+56,261
| +24% | +$4.95M |
|
|
HCBK
530
DELISTED
HUDSON CITY BANCORP INC
HCBK
| $31.4M | 0.03% |
3,468,201
+125,399
| +4% | +$1.18M |
|
|
RDC
531
DELISTED
Rowan Companies Plc
RDC
| $31.3M | 0.03% |
852,931
+28,596
| +3% | +$1.03M |
|
532
lululemon athletica
LULU
$14.6B
| $31.3M | 0.03% |
428,172
+412,614
| +2,652% | +$28.8M |
|
533
Core Laboratories
CLB
$521M
| $31.2M | 0.03% |
184,439
+10,750
| +6% | +$1.67M |
|
534
Wolfspeed
WOLF
$1.71B
| $31M | 0.02% |
515,776
+35,707
| +7% | +$2.27M |
|
|
TEG
535
DELISTED
INTEGRYS ENERGY GROUP INC COM (USA)
TEG
| $31M | 0.02% |
555,050
+19,891
| +4% | +$1.17M |
|
536
American Water Works
AWK
$26.9B
| $31M | 0.02% |
751,099
-11,928
| -2% | -$493K |
|
|
ONIT
537
Onity Group
ONIT
$332M
| $30.7M | 0.02% |
36,713
-628
| -2% | -$474K |
|
538
Lear
LEA
$8.18B
| $30.6M | 0.02% |
428,140
-680
| -0.2% | -$46.8K |
|
|
CIE
539
DELISTED
Cobalt International Energy, Inc
CIE
| $30.5M | 0.02% |
81,855
+8,456
| +12% | +$3.42M |
|
|
CBI
540
DELISTED
Chicago Bridge & Iron Nv
CBI
| $30.3M | 0.02% |
447,081
+35,094
| +9% | +$2.17M |
|
541
Essex Property Trust
ESS
$18.5B
| $30.2M | 0.02% |
204,239
+11,796
| +6% | +$1.83M |
|
|
WLL
542
DELISTED
Whiting Petroleum Corporation
WLL
| $30.1M | 0.02% |
1,676
+136
| +9% | +$2.11M |
|
|
LSI
543
DELISTED
LSI CORPORATION
LSI
| $30.1M | 0.02% |
3,848,464
+103,919
| +3% | +$795K |
|
544
Willis Towers Watson
WTW
$32B
| $29.9M | 0.02% |
260,924
+11,046
| +4% | +$1.25M |
|
545
Avery Dennison
AVY
$13.4B
| $29.9M | 0.02% |
688,099
+11,392
| +2% | +$505K |
|
546
Nabors Industries
NBR
$1.21B
| $29.9M | 0.02% |
37,281
-2,714
| -7% | -$2.13M |
|
|
FTR
547
DELISTED
Frontier Communications Corp.
FTR
| $29.9M | 0.02% |
478,038
+26,506
| +6% | +$1.72M |
|
548
Markel Group
MKL
$23.2B
| $29.9M | 0.02% |
57,709
+6,234
| +12% | +$3.28M |
|
|
IHS
549
DELISTED
IHS INC CL-A COM STK
IHS
| $29.7M | 0.02% |
260,522
+56,786
| +28% | +$6.25M |
|
550
Amdocs
DOX
$6.22B
| $29.6M | 0.02% |
808,587
+137,295
| +20% | +$5.19M |
|
Similar funds
Geode Capital Management's Q3 2013 Portfolio in Review
As of Q3 2013, Geode Capital Management held 3,719 positions worth $125B, up 9.7% from $114B the previous quarter. Its ten largest holdings account for 15% of the portfolio.
Geode Capital Management deployed $4.67B of net new capital in Q3 2013, opening 118 new positions and adding to 2,992 existing holdings. Its largest new stake was Twenty-First Century Fox, Inc. Class A: 14,298,606 shares worth $479M.
By sector, the portfolio is most concentrated in Financials at 15% of assets, down from 15% a quarter earlier, followed by Technology and Healthcare.
On the sell side, the largest reduction was Walt Disney, an estimated $35.8M trimmed.
- Geode Capital Management's largest Q3 2013 buy was Twenty-First Century Fox, Inc. Class A: 14,298,606 shares worth $479M.
- Geode Capital Management added most to Meta Platforms (Facebook) in Q3 2013, an estimated $168M increase.
- Geode Capital Management's biggest Q3 2013 reduction was Walt Disney, cutting an estimated $35.8M.
- Geode Capital Management fully exited NEWS CORPORATION CL-A in Q3 2013, selling an estimated $437M.
- Geode Capital Management's ten largest holdings make up 15% of its $125B portfolio in Q3 2013.
- Geode Capital Management opened 118 new positions and closed 68 in Q3 2013.
- Geode Capital Management's portfolio value rose 9.7% quarter-over-quarter to $125B.
Based on Geode Capital Management's 13F filing for Q3 2013, filed 14 Nov 2013.