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 | |
|---|---|---|---|---|---|---|
1801
First Commonwealth Financial
FCF
$2.18B
| $3.51M | ﹤0.01% |
462,544
+39,515
| +9% | +$300K |
|
1802
Northern Oil and Gas
NOG
$2.58B
| $3.5M | ﹤0.01% |
24,284
+814
| +3% | +$108K |
|
1803
Winnebago Industries
WGO
$927M
| $3.5M | ﹤0.01% |
134,664
+3,591
| +3% | +$84.8K |
|
1804
Interactive Brokers
IBKR
$40.7B
| $3.48M | ﹤0.01% |
742,176
+55,716
| +8% | +$239K |
|
|
NCI
1805
DELISTED
Navigant Consulting, Inc.
NCI
| $3.47M | ﹤0.01% |
224,419
+18,932
| +9% | +$265K |
|
1806
United Parks & Resorts
PRKS
$2B
| $3.47M | ﹤0.01% |
117,030
+1,430
| +1% | +$48.9K |
|
|
IPCC
1807
DELISTED
Infinity Property & Casualty C
IPCC
| $3.46M | ﹤0.01% |
53,622
+1,639
| +3% | +$104K |
|
|
SLCA
1808
DELISTED
U.S. SILICA HOLDINGS, INC.
SLCA
| $3.46M | ﹤0.01% |
139,091
+55,064
| +66% | +$1.28M |
|
|
BFS
1809
Saul Centers
BFS
$853M
| $3.44M | ﹤0.01% |
74,484
+3,648
| +5% | +$167K |
|
|
LTXB
1810
DELISTED
LegacyTexas Financial Group Inc
LTXB
| $3.44M | ﹤0.01% |
166,536
+5,412
| +3% | +$113K |
|
|
INFI
1811
DELISTED
Infinity Pharmaceuticals, Inc.
INFI
| $3.44M | ﹤0.01% |
197,096
-7,367
| -4% | -$141K |
|
1812
Quad
QUAD
$502M
| $3.43M | ﹤0.01% |
113,096
+12,038
| +12% | +$355K |
|
1813
Acco Brands
ACCO
$396M
| $3.43M | ﹤0.01% |
516,666
+21,452
| +4% | +$147K |
|
1814
8x8 Inc
EGHT
$309M
| $3.43M | ﹤0.01% |
340,685
+14,190
| +4% | +$133K |
|
|
LSE
1815
DELISTED
CAPLEASE, INC
LSE
| $3.42M | ﹤0.01% |
403,053
-11,854
| -3% | -$101K |
|
1816
City Holding Co
CHCO
$2.06B
| $3.42M | ﹤0.01% |
79,055
+3,497
| +5% | +$151K |
|
1817
Team
TISI
$104M
| $3.41M | ﹤0.01% |
8,588
+716
| +9% | +$282K |
|
1818
TTEC Holdings
TTEC
$84.2M
| $3.41M | ﹤0.01% |
136,070
-41,447
| -23% | -$1.03M |
|
|
KNL
1819
DELISTED
Knoll, Inc.
KNL
| $3.41M | ﹤0.01% |
201,519
+6,616
| +3% | +$107K |
|
1820
S&T Bancorp
STBA
$1.81B
| $3.41M | ﹤0.01% |
140,868
+11,821
| +9% | +$274K |
|
1821
Astec Industries
ASTE
$989M
| $3.41M | ﹤0.01% |
94,778
+10,658
| +13% | +$379K |
|
1822
Trex
TREX
$5.07B
| $3.41M | ﹤0.01% |
550,112
+71,888
| +15% | +$418K |
|
|
STNR
1823
DELISTED
STEINER LEISURE LTD
STNR
| $3.4M | ﹤0.01% |
58,177
+3,212
| +6% | +$184K |
|
1824
Titan International
TWI
$461M
| $3.39M | ﹤0.01% |
231,727
+13,606
| +6% | +$225K |
|
|
CMCSK
1825
DELISTED
COMCAST CORP SPL A (NEW)
CMCSK
| $3.39M | ﹤0.01% |
78,474
+12,309
| +19% | +$532K |
|
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.