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 | |
|---|---|---|---|---|---|---|
901
Regal Rexnord
RRX
$11.5B
| $15.8M | 0.01% |
214,755
+22,211
| +12% | +$1.61M |
|
902
H.B. Fuller
FUL
$3.29B
| $15.8M | 0.01% |
304,053
+83,770
| +38% | +$4.08M |
|
|
CYT
903
DELISTED
CYTEC INDS INC
CYT
| $15.8M | 0.01% |
339,060
+28,058
| +9% | +$1.22M |
|
904
Bio-Techne
TECH
$11.2B
| $15.8M | 0.01% |
665,528
+32,204
| +5% | +$698K |
|
|
MRC
905
DELISTED
MRC Global
MRC
| $15.7M | 0.01% |
487,909
+74,188
| +18% | +$2.23M |
|
906
World Kinect Corp
WKC
$1.89B
| $15.7M | 0.01% |
364,410
+49,106
| +16% | +$1.93M |
|
907
Carpenter Technology
CRS
$27.8B
| $15.6M | 0.01% |
251,519
+30,134
| +14% | +$1.82M |
|
|
NATI
908
DELISTED
National Instruments Corp
NATI
| $15.6M | 0.01% |
486,670
+69,906
| +17% | +$2.16M |
|
|
ATML
909
DELISTED
ATMEL CORP
ATML
| $15.6M | 0.01% |
1,990,241
+134,001
| +7% | +$980K |
|
910
Centene
CNC
$32.9B
| $15.6M | 0.01% |
1,057,024
+29,344
| +3% | +$439K |
|
911
Clean Harbors
CLH
$16.4B
| $15.6M | 0.01% |
259,590
+19,686
| +8% | +$1.14M |
|
|
ATW
912
DELISTED
Atwood Oceanics
ATW
| $15.5M | 0.01% |
290,552
+33,275
| +13% | +$1.79M |
|
|
HMA
913
DELISTED
HEALTH MGMT ASSOC INC CL-A
HMA
| $15.5M | 0.01% |
1,184,041
+97,887
| +9% | +$1.27M |
|
914
The GEO Group
GEO
$4.04B
| $15.5M | 0.01% |
721,361
+106,112
| +17% | +$2.38M |
|
915
Sunstone Hotel Investors
SHO
$2.01B
| $15.5M | 0.01% |
1,154,668
+233,376
| +25% | +$3.07M |
|
|
EQC
916
DELISTED
Equity Commonwealth
EQC
| $15.4M | 0.01% |
660,091
+49,684
| +8% | +$1.18M |
|
|
NRF
917
DELISTED
NorthStar Realty Finance Corp.
NRF
| $15.4M | 0.01% |
582,544
+62,836
| +12% | +$1.27M |
|
918
Manhattan Associates
MANH
$11.4B
| $15.4M | 0.01% |
523,256
+48,176
| +10% | +$1.32M |
|
|
FCE.A
919
DELISTED
Forest City Realty Trust, Inc.
FCE.A
| $15.4M | 0.01% |
804,151
+150,986
| +23% | +$2.94M |
|
|
MNK
920
DELISTED
MALLINCKRODT PUBLIC LIMITED COMPANY
MNK
| $15.3M | 0.01% |
293,123
+45,059
| +18% | +$2.15M |
|
921
Zebra Technologies
ZBRA
$17.9B
| $15.3M | 0.01% |
282,937
+61,971
| +28% | +$3.11M |
|
922
Belden
BDC
$5.28B
| $15.3M | 0.01% |
217,082
+26,612
| +14% | +$1.8M |
|
|
SGI
923
Somnigroup International
SGI
$13.6B
| $15.2M | 0.01% |
1,124,464
+133,040
| +13% | +$1.53M |
|
|
THS
924
DELISTED
Treehouse Foods
THS
| $15.1M | 0.01% |
219,814
+7,766
| +4% | +$546K |
|
925
Deluxe
DLX
$1.12B
| $15.1M | 0.01% |
289,929
+33,833
| +13% | +$1.62M |
|
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.