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 | |
|---|---|---|---|---|---|---|
1101
Semtech
SMTC
$12.2B
| $9.44M | 0.01% |
314,634
+35,377
| +13% | +$1.11M |
|
1102
Upbound Group
UPBD
$1.12B
| $9.43M | 0.01% |
247,551
-5,247
| -2% | -$202K |
|
1103
LXP Industrial Trust
LXP
$3.58B
| $9.43M | 0.01% |
167,925
+12,069
| +8% | +$728K |
|
1104
Mueller Industries
MLI
$15.2B
| $9.43M | 0.01% |
1,354,520
+132,160
| +11% | +$910K |
|
1105
Applied Industrial Technologies
AIT
$13.2B
| $9.41M | 0.01% |
182,740
-14,563
| -7% | -$736K |
|
|
SAPE
1106
DELISTED
SAPIENT CORP
SAPE
| $9.41M | 0.01% |
604,098
+139,053
| +30% | +$2.05M |
|
1107
Voya Financial
VOYA
$9.09B
| $9.39M | 0.01% |
321,328
+1,100
| +0.3% | +$32.9K |
|
1108
Boston Beer
SAM
$1.86B
| $9.38M | 0.01% |
38,432
+4,451
| +13% | +$920K |
|
1109
WaFd
WAFD
$2.76B
| $9.38M | 0.01% |
453,507
+21,026
| +5% | +$447K |
|
1110
Invesco Mortgage Capital
IVR
$795M
| $9.36M | 0.01% |
60,822
+5,829
| +11% | +$922K |
|
1111
Primerica
PRI
$9.65B
| $9.36M | 0.01% |
231,991
+19,069
| +9% | +$755K |
|
|
CAVM
1112
DELISTED
Cavium, Inc.
CAVM
| $9.3M | 0.01% |
225,840
+13,253
| +6% | +$499K |
|
|
PNK
1113
DELISTED
Pinnacle Entertainment Inc.
PNK
| $9.27M | 0.01% |
369,864
+129,661
| +54% | +$2.91M |
|
|
RWT
1114
Redwood Trust
RWT
$574M
| $9.26M | 0.01% |
470,245
-4,607
| -1% | -$82.1K |
|
|
LTM
1115
DELISTED
LIFE TIME FITNESS INC
LTM
| $9.24M | 0.01% |
179,604
+4,154
| +2% | +$215K |
|
|
WNR
1116
DELISTED
Western Refining Inc
WNR
| $9.22M | 0.01% |
306,893
-49,956
| -14% | -$1.47M |
|
|
MPT
1117
Medical Properties Trust
MPT
$2.48B
| $9.16M | 0.01% |
752,727
+100,191
| +15% | +$1.34M |
|
1118
First Industrial Realty Trust
FR
$8.36B
| $9.15M | 0.01% |
562,659
+19,295
| +4% | +$310K |
|
|
HRC
1119
DELISTED
HILL-ROM HOLDINGS, INC.
HRC
| $9.15M | 0.01% |
255,443
+15,703
| +7% | +$556K |
|
1120
First Financial Bankshares
FFIN
$4.93B
| $9.13M | 0.01% |
621,060
+18,292
| +3% | +$273K |
|
1121
Five Below
FIVE
$13B
| $9.13M | 0.01% |
208,564
+153,958
| +282% | +$6.17M |
|
1122
Haemonetics
HAE
$3.94B
| $9.11M | 0.01% |
228,513
+18,394
| +9% | +$772K |
|
1123
Portland General Electric
POR
$5.66B
| $9.11M | 0.01% |
322,694
-79,915
| -20% | -$2.39M |
|
|
ARUN
1124
DELISTED
ARUBA NETWORKS, INC.
ARUN
| $9.11M | 0.01% |
547,157
+98,116
| +22% | +$1.71M |
|
1125
Fair Isaac
FICO
$22.7B
| $9.1M | 0.01% |
164,621
-2,602
| -2% | -$133K |
|
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.