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 |
Meta Platforms (Facebook)
META
|
+$272M |
| 2 |
ExxonMobil
XOM
|
+$152M |
| 3 |
Apple
AAPL
|
+$112M |
| 4 |
Johnson & Johnson
JNJ
|
+$107M |
| 5 |
GE Aerospace
GE
|
+$101M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
DELL
DELL INC
DELL
|
+$142M |
| 2 |
NYX
NYSE EURONEXT INC
NYX
|
+$72.4M |
| 3 |
ONXX
ONYX PHARMACEUTICALS INC
ONXX
|
+$42.4M |
| 4 |
MOLX
MOLEX INC
MOLX
|
+$37.2M |
| 5 |
Trane Technologies
TT
|
+$25.5M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 15.27% |
| 2 | Technology | 13.72% |
| 3 | Healthcare | 12.85% |
| 4 | Industrials | 11.23% |
| 5 | Energy | 9.33% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
WLL
551
DELISTED
Whiting Petroleum Corporation
WLL
| $35M | 0.02% |
1,885
+209
| +12% | +$3.96M |
|
|
FTR
552
DELISTED
Frontier Communications Corp.
FTR
| $34.9M | 0.02% |
500,093
+22,055
| +5% | +$1.51M |
|
553
Fortune Brands Innovations
FBIN
$6.06B
| $34.8M | 0.02% |
892,138
+83,999
| +10% | +$3.03M |
|
|
VMW
554
DELISTED
VMware, Inc
VMW
| $34.8M | 0.02% |
388,222
+34,795
| +10% | +$2.87M |
|
555
Willis Towers Watson
WTW
$32B
| $34.7M | 0.02% |
292,456
+31,532
| +12% | +$3.73M |
|
556
Revvity
RVTY
$12.8B
| $34.4M | 0.02% |
834,989
+62,955
| +8% | +$2.41M |
|
557
Synopsys
SNPS
$79.7B
| $34.4M | 0.02% |
846,994
+131,171
| +18% | +$4.91M |
|
|
HCBK
558
DELISTED
HUDSON CITY BANCORP INC
HCBK
| $34.3M | 0.02% |
3,637,641
+169,440
| +5% | +$1.55M |
|
|
PCYC
559
DELISTED
PHARMACYCLICS INC
PCYC
| $34.2M | 0.02% |
323,749
+15,116
| +5% | +$1.83M |
|
|
OCR
560
DELISTED
OMNICARE INC
OCR
| $34.1M | 0.02% |
565,739
+82,772
| +17% | +$4.74M |
|
561
UDR
UDR
$12.3B
| $33.9M | 0.02% |
1,450,527
+115,437
| +9% | +$2.77M |
|
|
JAH
562
DELISTED
JARDEN CORPORATION
JAH
| $33.8M | 0.02% |
826,595
+108,023
| +15% | +$3.92M |
|
|
X
563
DELISTED
US Steel
X
| $33.8M | 0.02% |
1,144,901
+52,769
| +5% | +$1.36M |
|
|
BRSL
564
Brightstar Lottery PLC
BRSL
$2.03B
| $33.7M | 0.02% |
1,854,927
-123,981
| -6% | -$2.24M |
|
565
Ashland
ASH
$3.5B
| $33.6M | 0.02% |
707,735
+95,212
| +16% | +$4.25M |
|
566
Universal Health Services
UHS
$10.5B
| $33.4M | 0.02% |
410,604
+32,373
| +9% | +$2.59M |
|
|
DNB
567
DELISTED
Dun & Bradstreet
DNB
| $33.4M | 0.02% |
271,830
+2,094
| +0.8% | +$235K |
|
568
Mettler-Toledo International
MTD
$28.6B
| $33.3M | 0.02% |
137,151
+16,791
| +14% | +$4.1M |
|
569
Nabors Industries
NBR
$1.21B
| $33.3M | 0.02% |
39,159
+1,878
| +5% | +$1.59M |
|
570
OGE Energy
OGE
$9.71B
| $33.2M | 0.02% |
980,746
+107,379
| +12% | +$3.84M |
|
571
Wabtec
WAB
$49.3B
| $33.1M | 0.02% |
445,960
+25,350
| +6% | +$1.7M |
|
572
United Rentals
URI
$72.4B
| $33.1M | 0.02% |
424,649
+27,463
| +7% | +$1.84M |
|
|
CPN
573
DELISTED
Calpine Corporation
CPN
| $33.1M | 0.02% |
1,696,700
+196,829
| +13% | +$3.83M |
|
|
RDC
574
DELISTED
Rowan Companies Plc
RDC
| $33M | 0.02% |
932,789
+79,858
| +9% | +$2.85M |
|
|
HOUS
575
DELISTED
Anywhere Real Estate
HOUS
| $32.9M | 0.02% |
664,294
+63,271
| +11% | +$2.86M |
|
Similar funds
Geode Capital Management's Q4 2013 Portfolio in Review
As of Q4 2013, Geode Capital Management held 3,826 positions worth $144B, up 16% from $125B the previous quarter. Its ten largest holdings account for 16% of the portfolio.
Geode Capital Management deployed $6.87B of net new capital in Q4 2013, opening 169 new positions and adding to 3,008 existing holdings. Its largest new stake was Allegion: 648,283 shares worth $28.6M.
By sector, the portfolio is most concentrated in Financials at 15% of assets, up from 15% a quarter earlier, followed by Technology and Healthcare.
On the sell side, the largest reduction was Trane Technologies, an estimated $25.5M trimmed.
- Geode Capital Management's largest Q4 2013 buy was Allegion: 648,283 shares worth $28.6M.
- Geode Capital Management added most to Meta Platforms (Facebook) in Q4 2013, an estimated $272M increase.
- Geode Capital Management's biggest Q4 2013 reduction was Trane Technologies, cutting an estimated $25.5M.
- Geode Capital Management fully exited DELL INC in Q4 2013, selling an estimated $142M.
- Geode Capital Management's ten largest holdings make up 16% of its $144B portfolio in Q4 2013.
- Geode Capital Management opened 169 new positions and closed 66 in Q4 2013.
- Geode Capital Management's portfolio value rose 16% quarter-over-quarter to $144B.
Based on Geode Capital Management's 13F filing for Q4 2013, filed 14 Feb 2014.