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 | |
|---|---|---|---|---|---|---|
|
PRA
801
DELISTED
ProAssurance
PRA
| $15.7M | 0.01% |
347,758
+54,690
| +19% | +$2.74M |
|
802
Align Technology
ALGN
$12.5B
| $15.7M | 0.01% |
325,572
+19,845
| +6% | +$866K |
|
803
Jones Lang LaSalle
JLL
$16.5B
| $15.7M | 0.01% |
179,440
+9,236
| +5% | +$823K |
|
804
Omega Healthcare
OHI
$14.4B
| $15.6M | 0.01% |
523,684
+49,344
| +10% | +$1.5M |
|
805
Terex
TEX
$7.59B
| $15.6M | 0.01% |
465,407
+31,458
| +7% | +$954K |
|
806
Trinity Industries
TRN
$2.29B
| $15.6M | 0.01% |
956,865
-6,740
| -0.7% | -$99.5K |
|
807
Atmos Energy
ATO
$28.3B
| $15.6M | 0.01% |
366,637
+23,036
| +7% | +$973K |
|
808
Madison Square Garden
MSGS
$9.36B
| $15.6M | 0.01% |
376,915
+21,298
| +6% | +$895K |
|
809
Flowers Foods
FLO
$1.52B
| $15.6M | 0.01% |
726,863
+34,927
| +5% | +$782K |
|
810
BWX Technologies
BWXT
$15.5B
| $15.5M | 0.01% |
644,078
-4,456
| -0.7% | -$101K |
|
|
TGI
811
DELISTED
Triumph Group
TGI
| $15.5M | 0.01% |
221,147
+23,987
| +12% | +$1.85M |
|
812
Howard Hughes
HHH
$3.91B
| $15.5M | 0.01% |
144,875
+21,736
| +18% | +$2.27M |
|
813
Copart
CPRT
$27.3B
| $15.5M | 0.01% |
3,893,688
+242,128
| +7% | +$986K |
|
|
LCC
814
DELISTED
US AIRWAYS GROUP INC.
LCC
| $15.4M | 0.01% |
814,881
+78,073
| +11% | +$1.38M |
|
815
Old Republic International
ORI
$10.2B
| $15.4M | 0.01% |
1,002,536
+47,356
| +5% | +$681K |
|
|
HSH
816
DELISTED
HILLSHIRE BRANDS CO
HSH
| $15.4M | 0.01% |
500,582
+13,173
| +3% | +$435K |
|
817
SPX Corp
SPXC
$10.7B
| $15.4M | 0.01% |
721,018
-17,528
| -2% | -$341K |
|
818
Equity Lifestyle Properties
ELS
$12.5B
| $15.3M | 0.01% |
895,146
+63,446
| +8% | +$1.18M |
|
819
Maximus
MMS
$2.94B
| $15.2M | 0.01% |
338,118
+29,946
| +10% | +$1.16M |
|
|
IM
820
DELISTED
Ingram Micro
IM
| $15.2M | 0.01% |
660,027
+67,843
| +11% | +$1.5M |
|
|
SLH
821
DELISTED
SOLERA HOLDINGS, INC. COM
SLH
| $15.1M | 0.01% |
286,490
+8,213
| +3% | +$450K |
|
|
BYI
822
DELISTED
BALLY TECHNOLOGIES, INC.
BYI
| $15.1M | 0.01% |
209,250
+25,308
| +14% | +$1.78M |
|
|
N
823
DELISTED
Netsuite Inc
N
| $15M | 0.01% |
138,620
+13,124
| +10% | +$1.3M |
|
|
LHO
824
DELISTED
LaSalle Hotel Properties
LHO
| $14.9M | 0.01% |
523,966
+29,833
| +6% | +$809K |
|
|
OA
825
DELISTED
Orbital ATK, Inc.
OA
| $14.9M | 0.01% |
152,917
+3,145
| +2% | +$298K |
|
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.