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 | |
|---|---|---|---|---|---|---|
|
SPN
751
DELISTED
Superior Energy Services, Inc.
SPN
| $20.9M | 0.01% |
78,737
+9,783
| +14% | +$2.56M |
|
752
Oshkosh
OSK
$9.49B
| $20.9M | 0.01% |
415,367
+47,080
| +13% | +$2.35M |
|
753
NVR
NVR
$16.7B
| $20.9M | 0.01% |
20,374
+1,774
| +10% | +$1.68M |
|
|
TWTR
754
DELISTED
Twitter, Inc.
TWTR
| $20.9M | 0.01% |
+328,049
| New | +$16.3M |
|
|
OA
755
DELISTED
Orbital ATK, Inc.
OA
| $20.8M | 0.01% |
171,299
+18,382
| +12% | +$2.08M |
|
|
BMR
756
DELISTED
BIOMED REALTY TRUST INC
BMR
| $20.7M | 0.01% |
1,143,163
+152,499
| +15% | +$2.89M |
|
757
Sally Beauty Holdings
SBH
$1.56B
| $20.7M | 0.01% |
684,675
+45,631
| +7% | +$1.25M |
|
|
DRC
758
DELISTED
DRESSER-RAND GROUP INC
DRC
| $20.6M | 0.01% |
345,157
+28,605
| +9% | +$1.7M |
|
|
WNR
759
DELISTED
Western Refining Inc
WNR
| $20.5M | 0.01% |
483,835
+176,942
| +58% | +$6.35M |
|
760
Old Dominion Freight Line
ODFL
$45B
| $20.5M | 0.01% |
1,160,877
+106,005
| +10% | +$1.74M |
|
761
Sonoco
SON
$5.61B
| $20.5M | 0.01% |
490,477
+52,536
| +12% | +$2.11M |
|
|
WCC
762
WESCO International
WCC
$17.8B
| $20.4M | 0.01% |
224,366
+45,735
| +26% | +$3.81M |
|
|
WR
763
DELISTED
Westar Energy Inc
WR
| $20.4M | 0.01% |
633,571
+118,366
| +23% | +$3.74M |
|
|
ACC
764
DELISTED
American Campus Communities, Inc.
ACC
| $20.4M | 0.01% |
631,883
+74,949
| +13% | +$2.52M |
|
765
Visteon
VC
$2.74B
| $20.3M | 0.01% |
247,899
+36,850
| +17% | +$2.85M |
|
|
VR
766
DELISTED
Validus Hold Ltd
VR
| $20.3M | 0.01% |
503,342
+25,346
| +5% | +$991K |
|
|
HSH
767
DELISTED
HILLSHIRE BRANDS CO
HSH
| $20.2M | 0.01% |
604,177
+103,595
| +21% | +$3.36M |
|
768
American Financial Group
AFG
$12.1B
| $20M | 0.01% |
347,125
+88,011
| +34% | +$4.93M |
|
769
Commerce Bancshares
CBSH
$8.53B
| $20M | 0.01% |
799,185
+118,650
| +17% | +$2.91M |
|
|
P
770
DELISTED
Pandora Media Inc
P
| $20M | 0.01% |
750,376
+97,861
| +15% | +$2.68M |
|
771
Essential Utilities
WTRG
$11.1B
| $19.9M | 0.01% |
845,371
+70,804
| +9% | +$1.73M |
|
|
FNFG
772
DELISTED
FIRST NIAGARA FINANCIAL GROUP INC
FNFG
| $19.9M | 0.01% |
1,872,616
+344,537
| +23% | +$3.73M |
|
773
Brunswick
BC
$5.23B
| $19.8M | 0.01% |
430,407
+28,369
| +7% | +$1.26M |
|
774
Atmos Energy
ATO
$28.5B
| $19.8M | 0.01% |
435,785
+69,148
| +19% | +$3.05M |
|
775
First American
FAF
$7.42B
| $19.8M | 0.01% |
701,728
+99,843
| +17% | +$2.59M |
|
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.