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 | |
|---|---|---|---|---|---|---|
1001
Compass Minerals
CMP
$1.13B
| $10.9M | 0.01% |
142,545
+7,312
| +5% | +$580K |
|
1002
LiveRamp
RAMP
$2.3B
| $10.8M | 0.01% |
380,796
+5,228
| +1% | +$134K |
|
|
MENT
1003
DELISTED
Mentor Graphics Corp
MENT
| $10.8M | 0.01% |
461,872
+72,550
| +19% | +$1.55M |
|
1004
TD Synnex
SNX
$20.3B
| $10.8M | 0.01% |
351,100
-51,914
| -13% | -$1.33M |
|
|
UNS
1005
DELISTED
UNS ENERGY CORP COM
UNS
| $10.8M | 0.01% |
231,248
+35,707
| +18% | +$1.71M |
|
1006
MGIC Investment
MTG
$6.21B
| $10.8M | 0.01% |
1,479,600
+107,182
| +8% | +$761K |
|
|
EXXI
1007
DELISTED
ENERGY XXI LTD COM SHS
EXXI
| $10.8M | 0.01% |
356,498
+27,452
| +8% | +$737K |
|
1008
Webster Financial
WBS
$12.8B
| $10.8M | 0.01% |
421,539
+61,484
| +17% | +$1.64M |
|
1009
Manitowoc
MTW
$678M
| $10.7M | 0.01% |
603,742
+33,986
| +6% | +$618K |
|
|
ACH
1010
Accendra Health
ACH
$107M
| $10.7M | 0.01% |
308,963
+51,879
| +20% | +$1.82M |
|
|
FIRE
1011
DELISTED
SOURCEFIRE INC COM STK
FIRE
| $10.7M | 0.01% |
140,666
+10,659
| +8% | +$762K |
|
1012
Deluxe
DLX
$1.12B
| $10.7M | 0.01% |
256,096
+22,030
| +9% | +$885K |
|
|
WOOF
1013
DELISTED
VCA Inc.
WOOF
| $10.7M | 0.01% |
388,458
+28,235
| +8% | +$790K |
|
1014
Hyatt Hotels
H
$16B
| $10.6M | 0.01% |
247,598
+36,704
| +17% | +$1.61M |
|
1015
Minerals Technologies
MTX
$2.32B
| $10.6M | 0.01% |
215,023
+10,763
| +5% | +$496K |
|
|
TIVO
1016
DELISTED
TIVO INC
TIVO
| $10.6M | 0.01% |
851,554
+223,003
| +35% | +$2.57M |
|
|
VER
1017
DELISTED
VEREIT, Inc.
VER
| $10.6M | 0.01% |
173,635
+35,945
| +26% | +$2.45M |
|
1018
Hanover Insurance
THG
$7.86B
| $10.6M | 0.01% |
191,051
+12,278
| +7% | +$653K |
|
1019
Ziff Davis
ZD
$2B
| $10.5M | 0.01% |
244,358
+38,825
| +19% | +$1.63M |
|
1020
Jack in the Box
JACK
$340M
| $10.5M | 0.01% |
262,965
+35,791
| +16% | +$1.44M |
|
1021
Cousins Properties
CUZ
$4.83B
| $10.5M | 0.01% |
361,950
+148,728
| +70% | +$4.32M |
|
1022
COPT Defense Properties
CDP
$4.14B
| $10.5M | 0.01% |
454,901
+21,212
| +5% | +$529K |
|
|
CEB
1023
DELISTED
CEB Inc.
CEB
| $10.5M | 0.01% |
144,571
+10,863
| +8% | +$736K |
|
|
POLY
1024
DELISTED
Plantronics, Inc.
POLY
| $10.5M | 0.01% |
227,490
+31,087
| +16% | +$1.42M |
|
|
PAY
1025
DELISTED
Verifone Systems Inc
PAY
| $10.5M | 0.01% |
458,057
+39,827
| +10% | +$795K |
|
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.