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 | |
|---|---|---|---|---|---|---|
1476
Universal Corp
UVV
$1.17B
| $5.52M | ﹤0.01% |
108,332
-20,433
| -16% | -$1.13M |
|
1477
Albany International
AIN
$1.76B
| $5.49M | ﹤0.01% |
153,020
+9,338
| +6% | +$323K |
|
|
OMX
1478
DELISTED
OFFICEMAX INCORPORATED
OMX
| $5.49M | ﹤0.01% |
428,967
+22,806
| +6% | +$258K |
|
|
GLF
1479
DELISTED
GulfMark Offshore, Inc. Common Stock
GLF
| $5.48M | ﹤0.01% |
107,619
+9,790
| +10% | +$480K |
|
1480
Encore Capital Group
ECPG
$1.97B
| $5.45M | ﹤0.01% |
118,938
+19,125
| +19% | +$775K |
|
1481
Huron Consulting
HURN
$2.46B
| $5.45M | ﹤0.01% |
103,559
+3,158
| +3% | +$156K |
|
|
RP
1482
DELISTED
RealPage, Inc.
RP
| $5.44M | ﹤0.01% |
234,831
+63,197
| +37% | +$1.32M |
|
1483
Nelnet
NNI
$4.54B
| $5.43M | ﹤0.01% |
141,348
-11,575
| -8% | -$447K |
|
|
AEL
1484
DELISTED
American Equity Investment Life Holding Company
AEL
| $5.43M | ﹤0.01% |
256,034
+8,645
| +3% | +$165K |
|
1485
Puma Biotechnology
PBYI
$453M
| $5.42M | ﹤0.01% |
101,094
+60,479
| +149% | +$3.26M |
|
1486
Hope Bancorp
HOPE
$1.8B
| $5.42M | ﹤0.01% |
394,161
+44,749
| +13% | +$644K |
|
1487
Pinnacle Financial Partners Inc
PNFP
$16B
| $5.42M | ﹤0.01% |
181,768
+36,494
| +25% | +$1.04M |
|
|
EPL
1488
DELISTED
EPL OIL & GAS, INC COMMON STK
EPL
| $5.42M | ﹤0.01% |
145,973
+5,044
| +4% | +$168K |
|
|
RAVN
1489
DELISTED
Raven Industries Inc
RAVN
| $5.42M | ﹤0.01% |
165,590
+4,976
| +3% | +$156K |
|
1490
Nektar Therapeutics
NKTR
$2.53B
| $5.41M | ﹤0.01% |
34,540
+1,039
| +3% | +$192K |
|
1491
La-Z-Boy
LZB
$1.66B
| $5.41M | ﹤0.01% |
238,313
+18,504
| +8% | +$402K |
|
1492
Insperity
NSP
$1.94B
| $5.41M | ﹤0.01% |
287,794
+15,946
| +6% | +$269K |
|
1493
Northwest Natural Holdings
NWN
$2.11B
| $5.41M | ﹤0.01% |
128,740
+7,740
| +6% | +$329K |
|
|
MTGE
1494
DELISTED
MTGE Investment Corp. Common Stock
MTGE
| $5.37M | ﹤0.01% |
271,796
+11,305
| +4% | +$219K |
|
1495
Red Robin
RRGB
$148M
| $5.32M | ﹤0.01% |
74,748
+1,647
| +2% | +$103K |
|
1496
Dine Brands
DIN
$452M
| $5.31M | ﹤0.01% |
76,959
+11,237
| +17% | +$771K |
|
1497
Churchill Downs
CHDN
$6.18B
| $5.3M | ﹤0.01% |
367,878
+32,430
| +10% | +$450K |
|
1498
Coeur Mining
CDE
$18.8B
| $5.3M | ﹤0.01% |
439,969
+12,595
| +3% | +$172K |
|
|
KDN
1499
DELISTED
KAYDON CORP
KDN
| $5.3M | ﹤0.01% |
149,117
+14,119
| +10% | +$436K |
|
|
IPHS
1500
DELISTED
Innophos Holdings, Inc.
IPHS
| $5.28M | ﹤0.01% |
100,011
+7,661
| +8% | +$386K |
|
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.