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 | |
|---|---|---|---|---|---|---|
|
CNL
901
DELISTED
CLECO CRP (HOLDING CO)
CNL
| $12.9M | 0.01% |
287,618
-3,432
| -1% | -$160K |
|
|
NATI
902
DELISTED
National Instruments Corp
NATI
| $12.9M | 0.01% |
416,764
+17,227
| +4% | +$501K |
|
903
Carpenter Technology
CRS
$27.8B
| $12.9M | 0.01% |
221,385
+46,874
| +27% | +$2.5M |
|
904
Wolverine World Wide
WWW
$1.55B
| $12.8M | 0.01% |
441,276
+26,070
| +6% | +$743K |
|
905
Designer Brands
DBI
$334M
| $12.8M | 0.01% |
300,938
+34,246
| +13% | +$1.38M |
|
|
SAVE
906
DELISTED
Spirit Airlines, Inc.
SAVE
| $12.8M | 0.01% |
374,604
+129,802
| +53% | +$4.3M |
|
907
Innoviva
INVA
$1.49B
| $12.8M | 0.01% |
387,094
+26,549
| +7% | +$825K |
|
908
CubeSmart
CUBE
$9.23B
| $12.8M | 0.01% |
714,768
+23,660
| +3% | +$403K |
|
|
LL
909
DELISTED
LL Flooring Holdings, Inc.
LL
| $12.7M | 0.01% |
118,875
+9,528
| +9% | +$923K |
|
910
Bio-Techne
TECH
$11.2B
| $12.7M | 0.01% |
633,324
+30,016
| +5% | +$570K |
|
|
CLC
911
DELISTED
Clarcor
CLC
| $12.7M | 0.01% |
228,084
+18,959
| +9% | +$1.05M |
|
912
Cognex
CGNX
$10.8B
| $12.7M | 0.01% |
807,592
+54,436
| +7% | +$762K |
|
|
CYT
913
DELISTED
CYTEC INDS INC
CYT
| $12.7M | 0.01% |
311,002
-17,580
| -5% | -$682K |
|
|
DCT
914
DELISTED
DCT Industrial Trust Inc.
DCT
| $12.7M | 0.01% |
439,871
+81,223
| +23% | +$2.36M |
|
915
MarketAxess Holdings
MKTX
$5.72B
| $12.6M | 0.01% |
210,562
+13,106
| +7% | +$700K |
|
|
WP
916
DELISTED
Worldpay, Inc.
WP
| $12.6M | 0.01% |
452,386
+103,161
| +30% | +$2.81M |
|
|
SUSQ
917
DELISTED
SUSQUEHANNA BANCSHARES INC
SUSQ
| $12.6M | 0.01% |
1,005,464
+197,886
| +25% | +$2.61M |
|
|
DST
918
DELISTED
DST Systems Inc.
DST
| $12.6M | 0.01% |
333,680
+94,354
| +39% | +$3.4M |
|
|
HR
919
DELISTED
Healthcare Realty Trust Incorporated
HR
| $12.5M | 0.01% |
540,925
+62,958
| +13% | +$1.53M |
|
920
Steris
STE
$23.3B
| $12.5M | 0.01% |
290,404
+26,525
| +10% | +$1.15M |
|
921
Hancock Whitney
HWC
$6.23B
| $12.4M | 0.01% |
394,369
+23,653
| +6% | +$766K |
|
|
FCE.A
922
DELISTED
Forest City Realty Trust, Inc.
FCE.A
| $12.4M | 0.01% |
653,165
+54,151
| +9% | +$983K |
|
|
ARRS
923
DELISTED
ARRIS International plc Ordinary Shares
ARRS
| $12.3M | 0.01% |
721,561
+73,346
| +11% | +$1.17M |
|
924
Cracker Barrel
CBRL
$1.25B
| $12.3M | 0.01% |
119,126
-3,353
| -3% | -$336K |
|
|
DNY
925
DELISTED
DONNELLEY R R & SONS CO
DNY
| $12.3M | 0.01% |
778,223
+36,767
| +5% | +$581K |
|
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.