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 | |
|---|---|---|---|---|---|---|
|
TEN
826
DELISTED
Tenneco Inc. Class A Voting Common Stock
TEN
| $14.9M | 0.01% |
294,949
+23,473
| +9% | +$1.15M |
|
827
Lennox International
LII
$14.7B
| $14.8M | 0.01% |
197,259
+18,326
| +10% | +$1.29M |
|
|
BID
828
DELISTED
Sotheby's
BID
| $14.8M | 0.01% |
302,057
+35,721
| +13% | +$1.59M |
|
829
Prosperity Bancshares
PB
$8.84B
| $14.8M | 0.01% |
239,481
+39,149
| +20% | +$2.32M |
|
|
ROSE
830
DELISTED
ROSETTA RESOURCES INC
ROSE
| $14.8M | 0.01% |
271,719
-17,162
| -6% | -$812K |
|
|
PRXL
831
DELISTED
Parexel International Corp
PRXL
| $14.8M | 0.01% |
294,495
+28,739
| +11% | +$1.41M |
|
832
Celldex Therapeutics
CLDX
$3.34B
| $14.8M | 0.01% |
27,783
+5,285
| +23% | +$1.81M |
|
|
ARIA
833
DELISTED
Ariad Pharmaceuticals Inc
ARIA
| $14.8M | 0.01% |
802,163
+56,822
| +8% | +$1.1M |
|
|
TWO
834
Two Harbors Investment
TWO
$1.27B
| $14.7M | 0.01% |
189,234
+12,187
| +7% | +$957K |
|
835
Sinclair Inc
SBGI
$1B
| $14.7M | 0.01% |
437,933
+66,316
| +18% | +$1.87M |
|
|
KOG
836
DELISTED
KODIAK OIL & GAS CORP
KOG
| $14.7M | 0.01% |
1,215,477
+111,928
| +10% | +$1.12M |
|
837
First American
FAF
$7.42B
| $14.7M | 0.01% |
601,885
+36,395
| +6% | +$812K |
|
|
GXP
838
DELISTED
Great Plains Energy Incorporated
GXP
| $14.6M | 0.01% |
659,660
+75,749
| +13% | +$1.74M |
|
839
A.O. Smith
AOS
$8.49B
| $14.6M | 0.01% |
646,230
-37,914
| -6% | -$793K |
|
|
WWAV
840
DELISTED
The WhiteWave Foods Company
WWAV
| $14.6M | 0.01% |
729,749
+422,395
| +137% | +$8.02M |
|
841
Teledyne Technologies
TDY
$32.2B
| $14.5M | 0.01% |
170,973
+15,130
| +10% | +$1.23M |
|
|
TMH
842
DELISTED
Team Health Holdings Inc
TMH
| $14.4M | 0.01% |
380,314
+77,034
| +25% | +$3.02M |
|
|
AWH
843
DELISTED
Allied World Assurance Co Hld Lt
AWH
| $14.4M | 0.01% |
435,522
-672
| -0.2% | -$21.1K |
|
|
SRC
844
DELISTED
SPIRIT REALTY CAPITAL, INC.
SRC
| $14.4M | 0.01% |
350,240
+259,367
| +285% | +$10.7M |
|
845
Mid-America Apartment Communities
MAA
$15.4B
| $14.4M | 0.01% |
230,675
+14,401
| +7% | +$930K |
|
846
Toro Company
TTC
$9.36B
| $14.4M | 0.01% |
530,284
+65,534
| +14% | +$1.67M |
|
|
CIM
847
Chimera Investment
CIM
$975M
| $14.4M | 0.01% |
315,992
+31,730
| +11% | +$1.41M |
|
|
LVNTA
848
DELISTED
Liberty Interactive Corporation Series A Liberty Ventures
LVNTA
| $14.4M | 0.01% |
663,919
+144,095
| +28% | +$3.1M |
|
849
West Pharmaceutical
WST
$25.1B
| $14.4M | 0.01% |
349,014
+26,532
| +8% | +$1.01M |
|
850
Eagle Materials
EXP
$6.43B
| $14.3M | 0.01% |
197,081
+5,700
| +3% | +$387K |
|
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.