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 | |
|---|---|---|---|---|---|---|
601
ManpowerGroup
MAN
$2.63B
| $25.1M | 0.02% |
345,260
+40,094
| +13% | +$2.68M |
|
|
RAX
602
DELISTED
Rackspace Hosting Inc
RAX
| $25.1M | 0.02% |
475,053
+38,405
| +9% | +$1.77M |
|
603
Edgewell Personal Care
EPC
$1.31B
| $25M | 0.02% |
369,511
+31,680
| +9% | +$2.34M |
|
604
National Fuel Gas
NFG
$7.65B
| $24.8M | 0.02% |
360,144
+27,064
| +8% | +$1.76M |
|
|
HOLX
605
DELISTED
Hologic
HOLX
| $24.6M | 0.02% |
1,189,211
+96,885
| +9% | +$2.06M |
|
606
Ingredion
INGR
$6.58B
| $24.5M | 0.02% |
370,043
+16,383
| +5% | +$1.07M |
|
607
Viavi Solutions
VIAV
$9.66B
| $24.4M | 0.02% |
2,913,474
+92,069
| +3% | +$757K |
|
608
Jack Henry & Associates
JKHY
$11.1B
| $24.3M | 0.02% |
470,248
+61,956
| +15% | +$3.09M |
|
609
Crown Holdings
CCK
$13.1B
| $24.1M | 0.02% |
570,135
+20,533
| +4% | +$898K |
|
610
Oil States International
OIS
$491M
| $24M | 0.02% |
406,483
+28,906
| +8% | +$1.58M |
|
611
Signet Jewelers
SIG
$3.76B
| $24M | 0.02% |
334,888
+16,543
| +5% | +$1.17M |
|
612
Alliant Energy
LNT
$18B
| $24M | 0.02% |
967,576
+55,168
| +6% | +$1.41M |
|
613
Arthur J. Gallagher & Co
AJG
$63.6B
| $24M | 0.02% |
548,908
+46,072
| +9% | +$2.02M |
|
|
FL
614
DELISTED
Foot Locker
FL
| $23.9M | 0.02% |
703,647
+12,206
| +2% | +$424K |
|
615
Reliance Steel & Aluminium
RS
$21.6B
| $23.9M | 0.02% |
325,902
+23,810
| +8% | +$1.66M |
|
616
Alexandria Real Estate Equities
ARE
$8.56B
| $23.9M | 0.02% |
373,946
+19,852
| +6% | +$1.31M |
|
|
HUB.B
617
DELISTED
HUBBELL INC CL-B
HUB.B
| $23.8M | 0.02% |
227,651
+15,044
| +7% | +$1.58M |
|
618
Fidelity National Financial
FNF
$13.5B
| $23.8M | 0.02% |
1,569,553
-116,939
| -7% | -$1.65M |
|
|
NVE
619
DELISTED
NV ENERGY, INC
NVE
| $23.8M | 0.02% |
1,008,852
+42,444
| +4% | +$1M |
|
620
Regency Centers
REG
$14.1B
| $23.7M | 0.02% |
489,218
+26,254
| +6% | +$1.32M |
|
|
PDCO
621
DELISTED
Patterson Companies, Inc.
PDCO
| $23.6M | 0.02% |
586,345
+16,567
| +3% | +$671K |
|
|
RAD
622
DELISTED
Rite Aid Corporation
RAD
| $23.5M | 0.02% |
246,921
+7,175
| +3% | +$490K |
|
623
Gartner
IT
$11.7B
| $23.4M | 0.02% |
389,979
+17,518
| +5% | +$1.03M |
|
|
WCN
624
Waste Connections
WCN
$42B
| $23.4M | 0.02% |
772,566
+25,672
| +3% | +$743K |
|
|
DHC
625
Diversified Healthcare Trust
DHC
$2.14B
| $23.4M | 0.02% |
1,010,185
+46,108
| +5% | +$1.12M |
|
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.