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 | |
|---|---|---|---|---|---|---|
1551
Methode Electronics
MEI
$591M
| $4.95M | ﹤0.01% |
176,703
+32,786
| +23% | +$693K |
|
|
ODP
1552
DELISTED
ODP
ODP
| $4.95M | ﹤0.01% |
102,389
-9,383
| -8% | -$404K |
|
1553
Banner Corp
BANR
$2.46B
| $4.94M | ﹤0.01% |
129,517
+13,685
| +12% | +$495K |
|
|
UNTD
1554
DELISTED
UNITED ONLINE INC COM NEW
UNTD
| $4.93M | ﹤0.01% |
88,283
+30,139
| +52% | +$1.69M |
|
1555
Ubiquiti
UI
$34.8B
| $4.92M | ﹤0.01% |
146,518
+61,238
| +72% | +$1.64M |
|
1556
National CineMedia
NCMI
$358M
| $4.91M | ﹤0.01% |
26,051
+1,657
| +7% | +$302K |
|
1557
Unisys
UIS
$208M
| $4.91M | ﹤0.01% |
194,986
+5,107
| +3% | +$128K |
|
|
SCTY
1558
DELISTED
SolarCity Corporation
SCTY
| $4.9M | ﹤0.01% |
141,688
+80,836
| +133% | +$3.03M |
|
1559
Stepan Co
SCL
$1.49B
| $4.9M | ﹤0.01% |
84,840
+2,994
| +4% | +$173K |
|
|
VGR
1560
DELISTED
Vector Group Ltd.
VGR
| $4.88M | ﹤0.01% |
572,582
+81,482
| +17% | +$683K |
|
1561
Park National Corp
PRK
$3.67B
| $4.88M | ﹤0.01% |
61,663
+2,930
| +5% | +$229K |
|
1562
Scansource
SCSC
$1.08B
| $4.87M | ﹤0.01% |
140,886
+18,428
| +15% | +$625K |
|
1563
CVR Energy
CVI
$3.41B
| $4.87M | ﹤0.01% |
126,293
+17,327
| +16% | +$760K |
|
|
CRAY
1564
DELISTED
Cray, Inc.
CRAY
| $4.86M | ﹤0.01% |
201,981
-2,480
| -1% | -$60.4K |
|
|
HK
1565
DELISTED
Halcon Resources Corporation
HK
| $4.86M | ﹤0.01% |
6,366
+3,264
| +105% | +$2.98M |
|
1566
Otter Tail
OTTR
$3.96B
| $4.85M | ﹤0.01% |
175,630
+10,271
| +6% | +$296K |
|
|
AAT
1567
American Assets Trust
AAT
$1.38B
| $4.84M | ﹤0.01% |
158,794
+9,533
| +6% | +$301K |
|
1568
Hecla Mining
HL
$11.8B
| $4.84M | ﹤0.01% |
1,541,951
+117,396
| +8% | +$383K |
|
1569
LCI Industries
LCII
$2.6B
| $4.84M | ﹤0.01% |
106,215
+11,069
| +12% | +$468K |
|
|
NUVA
1570
DELISTED
NuVasive, Inc.
NUVA
| $4.83M | ﹤0.01% |
197,330
+5,943
| +3% | +$146K |
|
|
AJRD
1571
DELISTED
Aerojet Rocketdyne Holdings
AJRD
| $4.83M | ﹤0.01% |
301,166
+24,924
| +9% | +$409K |
|
1572
Exelixis
EXEL
$12.9B
| $4.83M | ﹤0.01% |
829,071
+25,044
| +3% | +$130K |
|
|
TLAB
1573
DELISTED
TELLABS INC
TLAB
| $4.82M | ﹤0.01% |
2,123,220
+555,537
| +35% | +$1.26M |
|
|
CIR
1574
DELISTED
CIRCOR International, Inc
CIR
| $4.81M | ﹤0.01% |
77,323
+8,633
| +13% | +$496K |
|
|
IRBT
1575
DELISTED
iRobot
IRBT
| $4.78M | ﹤0.01% |
126,752
+9,832
| +8% | +$352K |
|
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.