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 | |
|---|---|---|---|---|---|---|
1376
Northwest Bancshares
NWBI
$2.27B
| $6.36M | 0.01% |
480,894
+56,233
| +13% | +$775K |
|
|
QLGC
1377
DELISTED
QLOGIC CORP
QLGC
| $6.35M | 0.01% |
580,371
-3,117
| -0.5% | -$34.3K |
|
|
IPXL
1378
DELISTED
Impax Laboratories, Inc.
IPXL
| $6.33M | 0.01% |
308,607
+40,205
| +15% | +$830K |
|
|
BLC
1379
DELISTED
BELO CORP SER A
BLC
| $6.33M | 0.01% |
461,682
-87,478
| -16% | -$1.24M |
|
1380
MKS Inc
MKSI
$19.8B
| $6.3M | 0.01% |
237,046
+18,581
| +9% | +$496K |
|
1381
Spectrum Brands
SPB
$2.02B
| $6.3M | 0.01% |
95,621
+1,781
| +2% | +$109K |
|
1382
Plexus
PLXS
$7.13B
| $6.29M | 0.01% |
169,156
+5,415
| +3% | +$184K |
|
|
OUTR
1383
DELISTED
OUTERWALL INC
OUTR
| $6.29M | 0.01% |
125,767
+11,471
| +10% | +$676K |
|
|
GOV
1384
DELISTED
Government Properties Income Trust
GOV
| $6.28M | 0.01% |
262,387
+24,404
| +10% | +$601K |
|
1385
KB Home
KBH
$3.47B
| $6.28M | 0.01% |
348,306
+1,013
| +0.3% | +$17.7K |
|
1386
Acadia Healthcare
ACHC
$2.96B
| $6.27M | 0.01% |
159,056
+13,833
| +10% | +$513K |
|
|
CBF
1387
DELISTED
Capital Bank Financial Corp. Class A Common Stock
CBF
| $6.27M | 0.01% |
285,721
+231,300
| +425% | +$4.68M |
|
1388
Spire
SR
$4.79B
| $6.26M | 0.01% |
139,067
+21,343
| +18% | +$964K |
|
|
CIVI
1389
DELISTED
Civitas Resources
CIVI
| $6.26M | 0.01% |
1,162
+316
| +37% | +$1.46M |
|
|
UTIW
1390
DELISTED
UTI WORLDWIDE INC
UTIW
| $6.25M | 0.01% |
413,882
-14,444
| -3% | -$234K |
|
1391
OSI Systems
OSIS
$3.83B
| $6.25M | 0.01% |
83,862
+5,341
| +7% | +$379K |
|
|
INFN
1392
DELISTED
Infinera Corporation Common Stock
INFN
| $6.25M | 0.01% |
552,147
+39,475
| +8% | +$432K |
|
|
ESGR
1393
DELISTED
Enstar Group
ESGR
| $6.24M | 0.01% |
45,681
+3,646
| +9% | +$510K |
|
|
TXI
1394
DELISTED
TEXAS INDUSTRIES INC
TXI
| $6.24M | 0.01% |
94,091
+2,832
| +3% | +$178K |
|
1395
Rambus
RMBS
$10.4B
| $6.23M | 0.01% |
663,116
+173,597
| +35% | +$1.59M |
|
1396
International Bancshares
IBOC
$4.53B
| $6.23M | 0.01% |
287,828
+41,600
| +17% | +$973K |
|
1397
Delek US
DK
$3.72B
| $6.22M | 0.01% |
295,184
-103,472
| -26% | -$2.73M |
|
1398
Forward Air
FWRD
$634M
| $6.22M | 0.01% |
154,045
+20,538
| +15% | +$783K |
|
1399
MGE Energy Inc
MGEE
$3.04B
| $6.21M | 0.01% |
170,901
+15,516
| +10% | +$580K |
|
1400
Monro
MNRO
$368M
| $6.21M | 0.01% |
133,565
+9,087
| +7% | +$415K |
|
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.