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 | |
|---|---|---|---|---|---|---|
|
ARNA
1501
DELISTED
Arena Pharmaceuticals Inc
ARNA
| $6.3M | ﹤0.01% |
107,768
+8,304
| +8% | +$434K |
|
1502
CONMED
CNMD
$1.49B
| $6.3M | ﹤0.01% |
148,277
-12
| -0% | -$456 |
|
|
JNY
1503
DELISTED
JONES GROUP INC COM STK (PA)
JNY
| $6.29M | ﹤0.01% |
420,649
+73,974
| +21% | +$1.07M |
|
|
CAA
1504
DELISTED
CalAtlantic Group, Inc.
CAA
| $6.29M | ﹤0.01% |
139,004
+13,851
| +11% | +$551K |
|
1505
Churchill Downs
CHDN
$6.2B
| $6.27M | ﹤0.01% |
419,862
+51,984
| +14% | +$755K |
|
|
CYS
1506
DELISTED
CYS Investments Inc.
CYS
| $6.27M | ﹤0.01% |
845,859
+20,316
| +2% | +$163K |
|
1507
Veeco
VECO
$3.03B
| $6.26M | ﹤0.01% |
190,321
+13,521
| +8% | +$437K |
|
1508
Insight Enterprises
NSIT
$4.52B
| $6.26M | ﹤0.01% |
275,596
+49,345
| +22% | +$1.08M |
|
1509
Tennant Co
TNC
$1.15B
| $6.25M | ﹤0.01% |
92,191
+1,339
| +1% | +$85.5K |
|
|
GOV
1510
DELISTED
Government Properties Income Trust
GOV
| $6.25M | ﹤0.01% |
251,397
-10,990
| -4% | -$271K |
|
|
LCI
1511
DELISTED
Lannett Company, Inc.
LCI
| $6.24M | ﹤0.01% |
47,110
+21,562
| +84% | +$2.28M |
|
1512
LCI Industries
LCII
$2.61B
| $6.22M | ﹤0.01% |
121,541
+15,326
| +14% | +$780K |
|
1513
Skywest
SKYW
$4.21B
| $6.22M | ﹤0.01% |
419,307
+16,622
| +4% | +$253K |
|
|
ALOG
1514
DELISTED
Analogic Corp
ALOG
| $6.21M | ﹤0.01% |
70,188
+8,878
| +14% | +$807K |
|
|
UCB
1515
United Community Banks
UCB
$4.35B
| $6.21M | ﹤0.01% |
349,993
+110,172
| +46% | +$1.82M |
|
|
IMGN
1516
DELISTED
Immunogen Inc
IMGN
| $6.21M | ﹤0.01% |
423,098
+14,933
| +4% | +$229K |
|
|
GTAT
1517
DELISTED
GT ADVANCED TECHNOLOGIES INC COM STK (DE)
GTAT
| $6.2M | ﹤0.01% |
711,496
+95,945
| +16% | +$852K |
|
1518
NETGEAR
NTGR
$634M
| $6.2M | ﹤0.01% |
188,149
-12,114
| -6% | -$377K |
|
1519
Cirrus Logic
CRUS
$6.09B
| $6.19M | ﹤0.01% |
303,204
-59,469
| -16% | -$1.28M |
|
1520
Cal-Maine
CALM
$3.89B
| $6.19M | ﹤0.01% |
205,518
+14,900
| +8% | +$396K |
|
|
PKD
1521
DELISTED
Parker Drilling Company
PKD
| $6.19M | ﹤0.01% |
50,754
+12,463
| +33% | +$1.38M |
|
|
MDAS
1522
DELISTED
MEDASSETS INC COM STK (DE)
MDAS
| $6.19M | ﹤0.01% |
312,011
+47,531
| +18% | +$1.07M |
|
|
WAC
1523
DELISTED
Walter Investment Mgt Corp
WAC
| $6.18M | ﹤0.01% |
174,897
+6,051
| +4% | +$228K |
|
1524
Matthews International
MATW
$725M
| $6.18M | ﹤0.01% |
144,968
+15,004
| +12% | +$612K |
|
1525
Granite Construction
GVA
$5.45B
| $6.17M | ﹤0.01% |
176,364
-22,472
| -11% | -$706K |
|
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.