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 | |
|---|---|---|---|---|---|---|
|
GK
1251
DELISTED
G&K Services Inc
GK
| $7.62M | 0.01% |
126,165
+9,412
| +8% | +$507K |
|
1252
Mercury Insurance
MCY
$5.92B
| $7.61M | 0.01% |
157,537
+7,452
| +5% | +$337K |
|
|
SGY
1253
DELISTED
Stone Energy
SGY
| $7.61M | 0.01% |
4,130
+708
| +21% | +$1.1M |
|
1254
American States Water
AWR
$3.43B
| $7.59M | 0.01% |
275,409
+25,899
| +10% | +$739K |
|
1255
Prestige Consumer Healthcare
PBH
$2.51B
| $7.59M | 0.01% |
251,930
+41,373
| +20% | +$1.35M |
|
1256
Kemper
KMPR
$1.55B
| $7.58M | 0.01% |
225,474
+9,112
| +4% | +$318K |
|
1257
Acadia Realty Trust
AKR
$2.78B
| $7.53M | 0.01% |
305,266
+21,793
| +8% | +$544K |
|
1258
Franklin Electric
FELE
$4.75B
| $7.51M | 0.01% |
190,557
+14,979
| +9% | +$564K |
|
1259
Progress Software
PRGS
$1.78B
| $7.5M | 0.01% |
289,991
+7,382
| +3% | +$185K |
|
1260
MillerKnoll
MLKN
$1.64B
| $7.48M | 0.01% |
256,293
+18,565
| +8% | +$515K |
|
|
MDP
1261
DELISTED
Meredith Corporation
MDP
| $7.44M | 0.01% |
156,290
+8,455
| +6% | +$392K |
|
|
EFII
1262
DELISTED
Electronics for Imaging
EFII
| $7.44M | 0.01% |
234,724
-15,247
| -6% | -$461K |
|
|
CST
1263
DELISTED
CST Brands, Inc.
CST
| $7.43M | 0.01% |
249,339
+2,721
| +1% | +$85.2K |
|
1264
Hyster-Yale Materials Handling
HY
$629M
| $7.43M | 0.01% |
82,837
+11,666
| +16% | +$894K |
|
|
ALEX
1265
DELISTED
Alexander & Baldwin
ALEX
| $7.43M | 0.01% |
206,197
+27,035
| +15% | +$1.08M |
|
1266
Avista
AVA
$3.2B
| $7.42M | 0.01% |
281,112
+6,296
| +2% | +$172K |
|
|
HNGR
1267
DELISTED
Hanger Inc.
HNGR
| $7.4M | 0.01% |
219,253
+36,715
| +20% | +$1.22M |
|
|
BOBE
1268
DELISTED
Bob Evans Farms, Inc.
BOBE
| $7.39M | 0.01% |
129,070
-16,435
| -11% | -$848K |
|
|
AMSG
1269
DELISTED
Amsurg Corp
AMSG
| $7.39M | 0.01% |
186,123
+9,039
| +5% | +$351K |
|
|
B
1270
DELISTED
Barnes Group Inc.
B
| $7.38M | 0.01% |
211,481
+15,381
| +8% | +$504K |
|
1271
Asbury Automotive
ABG
$3.78B
| $7.38M | 0.01% |
138,645
+10,085
| +8% | +$495K |
|
1272
Old National Bancorp
ONB
$10.1B
| $7.37M | 0.01% |
518,655
+96,915
| +23% | +$1.37M |
|
1273
Adtran
ADTN
$622M
| $7.35M | 0.01% |
276,032
+10,896
| +4% | +$283K |
|
1274
Booz Allen Hamilton
BAH
$9.37B
| $7.35M | 0.01% |
380,472
-7,711
| -2% | -$151K |
|
|
ANN
1275
DELISTED
ANN INC
ANN
| $7.34M | 0.01% |
202,708
+6,152
| +3% | +$210K |
|
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.