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 | |
|---|---|---|---|---|---|---|
|
EGN
626
DELISTED
Energen
EGN
| $23.3M | 0.02% |
305,353
+19,035
| +7% | +$1.23M |
|
|
JAH
627
DELISTED
JARDEN CORPORATION
JAH
| $23.2M | 0.02% |
718,572
+114,099
| +19% | +$3.52M |
|
|
TE
628
DELISTED
TECO ENERGY INC
TE
| $23.2M | 0.02% |
1,400,561
+49,454
| +4% | +$843K |
|
629
United Rentals
URI
$72.4B
| $23.2M | 0.02% |
397,186
+23,689
| +6% | +$1.31M |
|
630
AutoNation
AN
$6.92B
| $23.1M | 0.02% |
443,295
+165,035
| +59% | +$7.96M |
|
|
TCO
631
DELISTED
Taubman Centers Inc.
TCO
| $23M | 0.02% |
342,112
+15,820
| +5% | +$1.14M |
|
632
Incyte
INCY
$24.4B
| $22.8M | 0.02% |
596,907
+49,586
| +9% | +$1.46M |
|
633
CoStar Group
CSGP
$12.3B
| $22.6M | 0.02% |
1,347,660
+164,580
| +14% | +$2.52M |
|
634
ATI
ATI
$31B
| $22.6M | 0.02% |
741,222
+27,647
| +4% | +$774K |
|
635
AXIS Capital
AXS
$7.55B
| $22.6M | 0.02% |
521,391
-41,750
| -7% | -$1.84M |
|
|
X
636
DELISTED
US Steel
X
| $22.5M | 0.02% |
1,092,132
+35,550
| +3% | +$669K |
|
637
Reinsurance Group of America
RGA
$16.1B
| $22.4M | 0.02% |
334,330
+11,334
| +4% | +$765K |
|
|
WBC
638
DELISTED
WABCO HOLDINGS INC.
WBC
| $22.4M | 0.02% |
265,793
+13,498
| +5% | +$1.08M |
|
639
Marvell Technology
MRVL
$196B
| $22.4M | 0.02% |
1,945,043
-115,025
| -6% | -$1.42M |
|
|
S
640
DELISTED
Sprint Corporation
S
| $22.3M | 0.02% |
+3,594,073
| New | +$23.7M |
|
641
MDU Resources
MDU
$4.32B
| $22.3M | 0.02% |
2,096,113
+116,985
| +6% | +$1.23M |
|
|
GNC
642
DELISTED
GNC Holdings, Inc.
GNC
| $22.2M | 0.02% |
406,536
+112,825
| +38% | +$5.77M |
|
|
ENDP
643
DELISTED
Endo International plc
ENDP
| $22.2M | 0.02% |
488,601
+19,767
| +4% | +$795K |
|
644
Idexx Laboratories
IDXX
$46.2B
| $22.2M | 0.02% |
445,182
-5,032
| -1% | -$242K |
|
|
INVX
645
Innovex International
INVX
$1.97B
| $22.2M | 0.02% |
193,259
+38,703
| +25% | +$3.96M |
|
646
Dick's Sporting Goods
DKS
$18.7B
| $22.1M | 0.02% |
414,532
+32,707
| +9% | +$1.65M |
|
|
CNQR
647
DELISTED
CONCUR TECHNOLOGIES INC
CNQR
| $22.1M | 0.02% |
200,031
+10,329
| +5% | +$1.01M |
|
648
Graham Holdings Company
GHC
$5.02B
| $22M | 0.02% |
59,659
+8,695
| +17% | +$2.93M |
|
649
Donaldson
DCI
$11.4B
| $22M | 0.02% |
577,610
+32,747
| +6% | +$1.21M |
|
650
IDEX
IEX
$17.3B
| $21.9M | 0.02% |
336,163
+3,741
| +1% | +$226K |
|
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.