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 | |
|---|---|---|---|---|---|---|
1201
Archrock
AROC
$5.81B
| $8.27M | 0.01% |
299,822
-21,443
| -7% | -$628K |
|
1202
Blackbaud
BLKB
$2.09B
| $8.25M | 0.01% |
211,319
+6,228
| +3% | +$222K |
|
1203
Armstrong World Industries
AWI
$7.75B
| $8.23M | 0.01% |
149,695
+66,387
| +80% | +$3.36M |
|
1204
Erie Indemnity
ERIE
$13.2B
| $8.23M | 0.01% |
113,526
+1,736
| +2% | +$134K |
|
1205
Cirrus Logic
CRUS
$6.11B
| $8.22M | 0.01% |
362,673
+93,645
| +35% | +$1.93M |
|
|
HSNI
1206
DELISTED
HSN, Inc.
HSNI
| $8.22M | 0.01% |
153,291
-5,460
| -3% | -$313K |
|
1207
Enviri
NVRI
$615M
| $8.22M | 0.01% |
329,985
+8,388
| +3% | +$209K |
|
1208
Grand Canyon Education
LOPE
$3.82B
| $8.21M | 0.01% |
203,936
+24,635
| +14% | +$879K |
|
|
CADE
1209
DELISTED
Cadence Bank
CADE
| $8.2M | 0.01% |
411,180
+44,889
| +12% | +$881K |
|
1210
FNB Corp
FNB
$6.75B
| $8.19M | 0.01% |
675,410
+48,679
| +8% | +$611K |
|
1211
New Jersey Resources
NJR
$5.45B
| $8.19M | 0.01% |
371,978
+10,924
| +3% | +$239K |
|
1212
Cathay General Bancorp
CATY
$4.23B
| $8.16M | 0.01% |
349,025
+26,092
| +8% | +$603K |
|
1213
Penske Automotive Group
PAG
$14.2B
| $8.15M | 0.01% |
190,777
+1,117
| +0.6% | +$42.8K |
|
|
DBD
1214
DELISTED
Diebold Nixdorf Incorporated
DBD
| $8.14M | 0.01% |
277,318
+29,621
| +12% | +$929K |
|
|
EVER
1215
DELISTED
Everbank Financial Corp
EVER
| $8.14M | 0.01% |
543,421
+330,032
| +155% | +$5.09M |
|
|
HOS
1216
DELISTED
Hornbeck Offshore Services, Inc.
HOS
| $8.14M | 0.01% |
141,661
+11,521
| +9% | +$651K |
|
|
SYA
1217
DELISTED
SYMETRA FINANCIAL CORPORATION COMMON STOCK
SYA
| $8.1M | 0.01% |
454,280
+113,651
| +33% | +$2.03M |
|
1218
B&G Foods
BGS
$276M
| $8.07M | 0.01% |
233,729
+15,266
| +7% | +$531K |
|
|
EE
1219
DELISTED
El Paso Electric Company
EE
| $8.05M | 0.01% |
241,172
+17,502
| +8% | +$626K |
|
1220
Ryman Hospitality Properties
RHP
$7.57B
| $8.05M | 0.01% |
233,280
+9,124
| +4% | +$326K |
|
1221
Pricesmart
PSMT
$5.21B
| $7.99M | 0.01% |
83,880
+2,635
| +3% | +$237K |
|
|
EQY
1222
DELISTED
Equity One
EQY
| $7.98M | 0.01% |
364,910
+32,452
| +10% | +$731K |
|
1223
Littelfuse
LFUS
$11.6B
| $7.97M | 0.01% |
101,863
+7,726
| +8% | +$613K |
|
1224
Chemed
CHE
$7.18B
| $7.97M | 0.01% |
111,429
+10,117
| +10% | +$720K |
|
|
ECHO
1225
EchoStar
ECHO
$25.9B
| $7.93M | 0.01% |
222,628
+19,746
| +10% | +$668K |
|
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.