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 | |
|---|---|---|---|---|---|---|
1401
Korn Ferry
KFY
$4.28B
| $6.21M | 0.01% |
290,000
+68,571
| +31% | +$1.36M |
|
1402
Brady Corp
BRC
$4.52B
| $6.19M | 0.01% |
202,935
+5,973
| +3% | +$196K |
|
1403
NETGEAR
NTGR
$634M
| $6.18M | 0.01% |
200,263
+25,828
| +15% | +$793K |
|
1404
ABM Industries
ABM
$2.82B
| $6.18M | 0.01% |
232,032
+29,402
| +15% | +$753K |
|
|
CRZO
1405
DELISTED
Carrizo Oil & Gas Inc
CRZO
| $6.16M | ﹤0.01% |
164,968
+10,251
| +7% | +$341K |
|
1406
Tronox
TROX
$1.03B
| $6.14M | ﹤0.01% |
250,971
+165,513
| +194% | +$3.67M |
|
|
PACW
1407
DELISTED
PacWest Bancorp
PACW
| $6.13M | ﹤0.01% |
178,433
+12,654
| +8% | +$429K |
|
|
CCH
1408
DELISTED
COCA-COLA HBC AG SPONSORED ADR(SWITZERLAND)
CCH
| $6.13M | ﹤0.01% |
205,220
-4,253
| -2% | -$117K |
|
1409
Hilltop Holdings
HTH
$2.24B
| $6.12M | ﹤0.01% |
330,521
+119,879
| +57% | +$2.02M |
|
1410
Omnicell
OMCL
$1.7B
| $6.09M | ﹤0.01% |
257,000
+33,675
| +15% | +$751K |
|
1411
Granite Construction
GVA
$5.57B
| $6.08M | ﹤0.01% |
198,836
+5,619
| +3% | +$170K |
|
1412
Selective Insurance
SIGI
$5.64B
| $6.08M | ﹤0.01% |
248,220
+15,224
| +7% | +$370K |
|
1413
Virtus Investment Partners
VRTS
$1.13B
| $6.05M | ﹤0.01% |
37,222
+12,209
| +49% | +$2.21M |
|
1414
Vanguard Real Estate ETF
VNQ
$38.5B
| – | – |
0
| – | – |
|
|
MINI
1415
DELISTED
Mobile Mini Inc
MINI
| $6.04M | ﹤0.01% |
177,493
+13,758
| +8% | +$452K |
|
|
SHFL
1416
DELISTED
SHFL ENTMT INC
SHFL
| $6.04M | ﹤0.01% |
262,657
+12,442
| +5% | +$275K |
|
|
ANR
1417
DELISTED
Alpha Natural Resources Inc
ANR
| $6.03M | ﹤0.01% |
1,011,203
+79,371
| +9% | +$465K |
|
|
MRH
1418
DELISTED
MONTPELIER RE HOLDINGS LTD
MRH
| $6.02M | ﹤0.01% |
231,005
-37,794
| -14% | -$981K |
|
1419
Choice Hotels
CHH
$4.66B
| $6.01M | ﹤0.01% |
139,161
+2,407
| +2% | +$99.7K |
|
|
BKW
1420
DELISTED
BURGER KING WORLDWIDE
BKW
| $5.98M | ﹤0.01% |
306,267
+5,183
| +2% | +$102K |
|
1421
MBIA
MBI
$258M
| $5.96M | ﹤0.01% |
582,970
+32,239
| +6% | +$406K |
|
|
EDR
1422
DELISTED
Education Realty Trust Inc
EDR
| $5.96M | ﹤0.01% |
218,260
+6,354
| +3% | +$180K |
|
|
SNBR
1423
DELISTED
Sleep Number
SNBR
| $5.95M | ﹤0.01% |
244,170
+12,666
| +5% | +$305K |
|
1424
Smith & Wesson
SWBI
$641M
| $5.93M | ﹤0.01% |
701,528
+24,472
| +4% | +$212K |
|
|
MAKO
1425
DELISTED
MAKO SURGICAL CORP COM
MAKO
| $5.93M | ﹤0.01% |
200,803
+30,590
| +18% | +$466K |
|
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.