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 | |
|---|---|---|---|---|---|---|
726
A.O. Smith
AOS
$8.5B
| $22.1M | 0.02% |
820,174
+173,944
| +27% | +$4.46M |
|
|
XLS
727
DELISTED
EXELIS INC COM STK
XLS
| $22.1M | 0.02% |
1,241,770
+153,570
| +14% | +$2.44M |
|
728
Timken Company
TKR
$8.9B
| $22M | 0.02% |
559,186
+69,804
| +14% | +$2.72M |
|
|
SIRO
729
DELISTED
SIRONA DENTAL SYSTEMS INC COM STK
SIRO
| $21.9M | 0.02% |
312,156
+27,926
| +10% | +$1.94M |
|
730
Owens Corning
OC
$12.2B
| $21.9M | 0.02% |
538,098
+61,252
| +13% | +$2.32M |
|
731
Martin Marietta Materials
MLM
$32.8B
| $21.8M | 0.02% |
218,488
+32,491
| +17% | +$3.2M |
|
732
AptarGroup
ATR
$8.49B
| $21.8M | 0.02% |
320,833
+32,906
| +11% | +$2.1M |
|
733
SPX Corp
SPXC
$10.7B
| $21.7M | 0.02% |
866,893
+145,875
| +20% | +$3.35M |
|
|
SGEN
734
DELISTED
Seagen Inc. Common Stock
SGEN
| $21.7M | 0.02% |
544,729
+83,349
| +18% | +$3.4M |
|
735
Jones Lang LaSalle
JLL
$16.6B
| $21.7M | 0.02% |
211,719
+32,279
| +18% | +$3.03M |
|
|
MCRS
736
DELISTED
MICROS SYSTEMS INC
MCRS
| $21.7M | 0.02% |
377,481
+48,732
| +15% | +$2.6M |
|
737
Hexcel
HXL
$7.78B
| $21.6M | 0.02% |
484,466
+62,012
| +15% | +$2.62M |
|
738
Nordson
NDSN
$17.2B
| $21.6M | 0.02% |
291,295
+23,624
| +9% | +$1.72M |
|
739
West Pharmaceutical
WST
$25.1B
| $21.6M | 0.02% |
440,896
+91,882
| +26% | +$4.3M |
|
740
Avis
CAR
$4.95B
| $21.6M | 0.02% |
534,634
+79,614
| +17% | +$2.67M |
|
741
Groupon
GRPN
$959M
| $21.6M | 0.02% |
91,725
+8,201
| +10% | +$1.69M |
|
742
Chord Energy
CHRD
$7.61B
| $21.5M | 0.01% |
457,678
+96,582
| +27% | +$4.8M |
|
|
LVNTA
743
DELISTED
Liberty Interactive Corporation Series A Liberty Ventures
LVNTA
| $21.5M | 0.01% |
712,775
+48,856
| +7% | +$1.31M |
|
|
SAVE
744
DELISTED
Spirit Airlines, Inc.
SAVE
| $21.4M | 0.01% |
471,726
+97,122
| +26% | +$4.13M |
|
745
PTC
PTC
$16.2B
| $21.4M | 0.01% |
603,280
+46,383
| +8% | +$1.42M |
|
746
Factset
FDS
$10.2B
| $21.3M | 0.01% |
196,479
+27,863
| +17% | +$3.09M |
|
747
Huntington Ingalls Industries
HII
$12.8B
| $21.3M | 0.01% |
236,940
+25,571
| +12% | +$1.98M |
|
748
Old Republic International
ORI
$10.3B
| $21.2M | 0.01% |
1,227,145
+224,609
| +22% | +$3.69M |
|
749
Hain Celestial
HAIN
$55.3M
| $21.2M | 0.01% |
466,540
+38,890
| +9% | +$1.61M |
|
|
RAX
750
DELISTED
Rackspace Hosting Inc
RAX
| $21M | 0.01% |
535,708
+60,655
| +13% | +$2.64M |
|
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.