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 | |
|---|---|---|---|---|---|---|
|
MDR
1151
DELISTED
McDermott International
MDR
| $10.3M | 0.01% |
373,854
+44,579
| +14% | +$1.04M |
|
1152
FNB Corp
FNB
$6.78B
| $10.3M | 0.01% |
813,949
+138,539
| +21% | +$1.72M |
|
1153
First Industrial Realty Trust
FR
$8.36B
| $10.2M | 0.01% |
587,344
+24,685
| +4% | +$430K |
|
|
SFLY
1154
DELISTED
Shutterfly, Inc.
SFLY
| $10.2M | 0.01% |
200,743
+20,327
| +11% | +$1.03M |
|
|
HITT
1155
DELISTED
HITTITE MICROWAVE CORP
HITT
| $10.2M | 0.01% |
165,552
+29,498
| +22% | +$1.85M |
|
|
LXK
1156
DELISTED
Lexmark Intl Inc
LXK
| $10.2M | 0.01% |
287,608
+28,259
| +11% | +$996K |
|
|
AIRM
1157
DELISTED
Air Methods Corp
AIRM
| $10.2M | 0.01% |
175,093
+12,099
| +7% | +$603K |
|
1158
LXP Industrial Trust
LXP
$3.58B
| $10.2M | 0.01% |
200,002
+32,077
| +19% | +$1.75M |
|
|
HMSY
1159
DELISTED
HMS Holdings Corp.
HMSY
| $10.2M | 0.01% |
448,251
+50,843
| +13% | +$1.1M |
|
1160
Hilltop Holdings
HTH
$2.25B
| $10.2M | 0.01% |
439,938
+109,417
| +33% | +$2.23M |
|
|
WGL
1161
DELISTED
Wgl Holdings
WGL
| $10.1M | 0.01% |
253,168
+18,098
| +8% | +$753K |
|
|
EXXI
1162
DELISTED
ENERGY XXI LTD COM SHS
EXXI
| $10.1M | 0.01% |
374,264
+17,766
| +5% | +$510K |
|
1163
NorthWestern Energy
NWE
$4.4B
| $10.1M | 0.01% |
233,349
+19,645
| +9% | +$877K |
|
1164
Valley National Bancorp
VLY
$8.13B
| $10.1M | 0.01% |
998,707
+103,945
| +12% | +$1.04M |
|
1165
BOK Financial
BOKF
$8.7B
| $10.1M | 0.01% |
152,349
+20,693
| +16% | +$1.31M |
|
1166
Boston Beer
SAM
$1.85B
| $10.1M | 0.01% |
41,785
+3,353
| +9% | +$805K |
|
|
ECHO
1167
EchoStar
ECHO
$25.8B
| $10.1M | 0.01% |
250,607
+27,979
| +13% | +$1.09M |
|
1168
Insulet
PODD
$9.88B
| $10.1M | 0.01% |
271,972
+27,791
| +11% | +$1.03M |
|
1169
Pilgrim's Pride
PPC
$6.29B
| $10.1M | 0.01% |
620,608
-2,722
| -0.4% | -$42.7K |
|
1170
Korn Ferry
KFY
$4.27B
| $10.1M | 0.01% |
386,023
+96,023
| +33% | +$2.28M |
|
|
ALE
1171
DELISTED
Allete
ALE
| $10.1M | 0.01% |
201,623
+23,671
| +13% | +$1.17M |
|
1172
Diamondback Energy
FANG
$55.7B
| $10M | 0.01% |
189,375
+18,689
| +11% | +$929K |
|
1173
EastGroup Properties
EGP
$10.9B
| $10M | 0.01% |
172,748
+6,320
| +4% | +$384K |
|
1174
Community Bank
CBU
$3.41B
| $10M | 0.01% |
251,985
+54,866
| +28% | +$2.03M |
|
1175
Applied Industrial Technologies
AIT
$13.3B
| $9.98M | 0.01% |
203,349
+20,609
| +11% | +$1M |
|
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.