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 | |
|---|---|---|---|---|---|---|
701
Skyworks Solutions
SWKS
$10.6B
| $19.9M | 0.02% |
800,723
+10,692
| +1% | +$260K |
|
702
KBR
KBR
$4.8B
| $19.9M | 0.02% |
609,359
+37,463
| +7% | +$1.19M |
|
|
AZPN
703
DELISTED
ASPEN TECHNOLOGY INC
AZPN
| $19.9M | 0.02% |
574,994
+93,434
| +19% | +$3.23M |
|
|
DRC
704
DELISTED
DRESSER-RAND GROUP INC
DRC
| $19.8M | 0.02% |
316,552
+20,143
| +7% | +$1.26M |
|
705
Nordson
NDSN
$17.3B
| $19.7M | 0.02% |
267,671
+32,311
| +14% | +$2.32M |
|
|
EV
706
DELISTED
Eaton Vance Corp.
EV
| $19.4M | 0.02% |
500,480
+32,851
| +7% | +$1.31M |
|
|
BRCD
707
DELISTED
Brocade Communications Systems, Inc. NEW
BRCD
| $19.4M | 0.02% |
2,405,684
+115,226
| +5% | +$825K |
|
|
SBNY
708
DELISTED
Signature Bank
SBNY
| $19.3M | 0.02% |
210,726
+15,674
| +8% | +$1.41M |
|
|
ULTI
709
DELISTED
Ultimate Software Group Inc
ULTI
| $19.2M | 0.02% |
130,308
+10,805
| +9% | +$1.5M |
|
710
Graco
GGG
$13.5B
| $19.2M | 0.02% |
777,159
+47,343
| +6% | +$1.11M |
|
|
MDVN
711
DELISTED
MEDIVATION, INC.
MDVN
| $19.2M | 0.02% |
639,720
+33,504
| +6% | +$957K |
|
712
Essential Utilities
WTRG
$11.4B
| $19.2M | 0.02% |
774,567
+36,162
| +5% | +$922K |
|
|
SIRO
713
DELISTED
SIRONA DENTAL SYSTEMS INC COM STK
SIRO
| $19M | 0.02% |
284,230
+23,907
| +9% | +$1.61M |
|
|
ACC
714
DELISTED
American Campus Communities, Inc.
ACC
| $19M | 0.02% |
556,934
+23,653
| +4% | +$883K |
|
715
Abercrombie & Fitch
ANF
$5B
| $19M | 0.02% |
536,537
+6,119
| +1% | +$271K |
|
716
AMC Global Media
AMCX
$489M
| $19M | 0.02% |
276,733
+11,057
| +4% | +$732K |
|
717
Starwood Property Trust
STWD
$6.09B
| $18.9M | 0.02% |
976,392
+189,692
| +24% | +$3.81M |
|
|
FMER
718
DELISTED
FIRSTMERIT CORP
FMER
| $18.9M | 0.02% |
868,771
+95,670
| +12% | +$2.08M |
|
719
Carlisle Companies
CSL
$15.4B
| $18.9M | 0.02% |
268,195
+13,030
| +5% | +$878K |
|
|
TUP
720
DELISTED
Tupperware Brands Corporation
TUP
| $18.8M | 0.02% |
217,544
-21,989
| -9% | -$1.83M |
|
|
PNRA
721
DELISTED
Panera Bread Co
PNRA
| $18.8M | 0.02% |
118,483
+5,121
| +5% | +$889K |
|
722
Groupon
GRPN
$1.02B
| $18.7M | 0.02% |
83,524
+24,354
| +41% | +$4.85M |
|
|
PPLI
723
People Inc
PPLI
$3.1B
| $18.7M | 0.02% |
1,910,233
+124,369
| +7% | +$1.14M |
|
724
Dana Inc
DAN
$3.06B
| $18.5M | 0.01% |
811,644
+159,234
| +24% | +$3.45M |
|
|
BMR
725
DELISTED
BIOMED REALTY TRUST INC
BMR
| $18.4M | 0.01% |
990,664
+61,324
| +7% | +$1.2M |
|
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.