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 | |
|---|---|---|---|---|---|---|
1351
Northwest Bancshares
NWBI
$2.27B
| $7.97M | 0.01% |
538,979
+58,085
| +12% | +$826K |
|
|
ISIL
1352
DELISTED
Intersil Corp
ISIL
| $7.95M | 0.01% |
693,515
+98,008
| +16% | +$1.07M |
|
1353
Take-Two Interactive
TTWO
$47.4B
| $7.92M | 0.01% |
456,087
+58,064
| +15% | +$1M |
|
|
PMT
1354
PennyMac Mortgage Investment
PMT
$818M
| $7.92M | 0.01% |
344,820
+36,168
| +12% | +$818K |
|
|
HERO
1355
DELISTED
HERCULES OFFSHORE INC COM STK
HERO
| $7.9M | 0.01% |
1,210,293
+47,354
| +4% | +$319K |
|
|
RWT
1356
Redwood Trust
RWT
$574M
| $7.89M | 0.01% |
407,565
-62,680
| -13% | -$1.16M |
|
1357
Myriad Genetics
MYGN
$311M
| $7.89M | 0.01% |
375,960
-116,346
| -24% | -$2.94M |
|
|
MASI
1358
DELISTED
Masimo
MASI
| $7.88M | 0.01% |
269,732
+15,733
| +6% | +$440K |
|
1359
Nexstar Media Group
NXST
$5.91B
| $7.88M | 0.01% |
141,370
-32,415
| -19% | -$1.55M |
|
|
CIR
1360
DELISTED
CIRCOR International, Inc
CIR
| $7.88M | 0.01% |
97,514
+20,191
| +26% | +$1.47M |
|
|
GRT
1361
DELISTED
GLIMCHER REALTY TRUST
GRT
| $7.84M | 0.01% |
837,891
-16,887
| -2% | -$166K |
|
1362
Huron Consulting
HURN
$2.42B
| $7.82M | 0.01% |
124,695
+21,136
| +20% | +$1.24M |
|
1363
Helen of Troy
HELE
$680M
| $7.81M | 0.01% |
157,686
+5,309
| +3% | +$249K |
|
1364
Matsons
MATX
$6.24B
| $7.79M | 0.01% |
298,555
-27,431
| -8% | -$706K |
|
1365
Greif
GEF
$4.97B
| $7.77M | 0.01% |
148,291
+12,300
| +9% | +$646K |
|
|
RGC
1366
DELISTED
Regal Entertainment Group
RGC
| $7.77M | 0.01% |
399,583
+56,855
| +17% | +$1.09M |
|
|
PACW
1367
DELISTED
PacWest Bancorp
PACW
| $7.77M | 0.01% |
183,989
+5,556
| +3% | +$218K |
|
|
WEB
1368
DELISTED
Web.com Group, Inc.
WEB
| $7.72M | 0.01% |
242,863
+23,686
| +11% | +$689K |
|
1369
Sanmina
SANM
$10.7B
| $7.71M | 0.01% |
462,050
+69,690
| +18% | +$1.12M |
|
1370
ABM Industries
ABM
$2.81B
| $7.71M | 0.01% |
269,717
+37,685
| +16% | +$1.04M |
|
1371
SunCoke Energy
SXC
$799M
| $7.71M | 0.01% |
337,958
+34,600
| +11% | +$714K |
|
1372
CVB Financial
CVBF
$3.97B
| $7.71M | 0.01% |
451,548
+39,784
| +10% | +$605K |
|
1373
Innospec
IOSP
$2.29B
| $7.7M | 0.01% |
166,573
+29,467
| +21% | +$1.35M |
|
|
CY
1374
DELISTED
Cypress Semiconductor
CY
| $7.7M | 0.01% |
732,901
+51,565
| +8% | +$489K |
|
|
HOS
1375
DELISTED
Hornbeck Offshore Services, Inc.
HOS
| $7.66M | 0.01% |
155,642
+13,981
| +10% | +$742K |
|
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.