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 | |
|---|---|---|---|---|---|---|
|
BDN
1001
Brandywine Realty Trust
BDN
$530M
| $13.3M | 0.01% |
943,899
+92,756
| +11% | +$1.26M |
|
1002
Pool Corp
POOL
$7.27B
| $13.3M | 0.01% |
227,936
+15,377
| +7% | +$849K |
|
1003
Vail Resorts
MTN
$5.21B
| $13.2M | 0.01% |
176,112
+19,110
| +12% | +$1.38M |
|
1004
Wintrust Financial
WTFC
$10.7B
| $13.2M | 0.01% |
287,128
+37,353
| +15% | +$1.65M |
|
1005
Brookdale Senior Living
BKD
$3.27B
| $13.1M | 0.01% |
483,189
+86,319
| +22% | +$2.39M |
|
1006
ScottsMiracle-Gro
SMG
$3.63B
| $13.1M | 0.01% |
211,085
+32,135
| +18% | +$1.88M |
|
|
CXP
1007
DELISTED
COLUMBIA PROPERTY TRUST, INC.
CXP
| $13.1M | 0.01% |
+523,076
| New | +$12.1M |
|
|
DCT
1008
DELISTED
DCT Industrial Trust Inc.
DCT
| $13.1M | 0.01% |
458,342
+18,471
| +4% | +$548K |
|
1009
Diamondrock Hospitality Co
DRH
$2.48B
| $13M | 0.01% |
1,125,521
+39,641
| +4% | +$449K |
|
1010
Fulton Financial
FULT
$4.6B
| $13M | 0.01% |
992,161
+131,791
| +15% | +$1.65M |
|
1011
Louisiana-Pacific
LPX
$5.2B
| $13M | 0.01% |
700,814
-92,084
| -12% | -$1.57M |
|
1012
John Wiley & Sons Class A
WLY
$2.62B
| $12.9M | 0.01% |
234,259
+34,356
| +17% | +$1.74M |
|
1013
UMB Financial
UMBF
$11.1B
| $12.9M | 0.01% |
200,936
+38,792
| +24% | +$2.36M |
|
1014
Enerpac Tool Group
EPAC
$1.89B
| $12.9M | 0.01% |
352,167
+55,323
| +19% | +$2.1M |
|
|
JCP
1015
DELISTED
J.C. Penney Company, Inc.
JCP
| $12.9M | 0.01% |
1,406,355
-561,362
| -29% | -$4.68M |
|
|
TCF
1016
DELISTED
TCF Financial Corporation
TCF
| $12.9M | 0.01% |
790,933
+89,789
| +13% | +$1.39M |
|
1017
EPR Properties
EPR
$4.63B
| $12.8M | 0.01% |
260,565
+24,682
| +10% | +$1.24M |
|
1018
Wendy's
WEN
$1.39B
| $12.8M | 0.01% |
1,468,171
+261,744
| +22% | +$2.25M |
|
1019
TD Synnex
SNX
$20.3B
| $12.8M | 0.01% |
379,668
+28,568
| +8% | +$909K |
|
1020
Andersons Inc
ANDE
$2.23B
| $12.8M | 0.01% |
215,103
-1,365
| -0.6% | -$72.6K |
|
|
HR
1021
DELISTED
Healthcare Realty Trust Incorporated
HR
| $12.8M | 0.01% |
599,107
+58,182
| +11% | +$1.32M |
|
1022
CubeSmart
CUBE
$9.23B
| $12.7M | 0.01% |
799,786
+85,018
| +12% | +$1.46M |
|
1023
Federated Hermes
FHI
$4.71B
| $12.7M | 0.01% |
442,534
+39,589
| +10% | +$1.09M |
|
|
CST
1024
DELISTED
CST Brands, Inc.
CST
| $12.7M | 0.01% |
346,821
+97,482
| +39% | +$3.19M |
|
1025
Texas Capital Bancshares
TCBI
$4.32B
| $12.7M | 0.01% |
204,371
+14,316
| +8% | +$763K |
|
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.