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 | |
|---|---|---|---|---|---|---|
|
PFPT
1901
DELISTED
Proofpoint, Inc.
PFPT
| $3.69M | ﹤0.01% |
111,385
-11,384
| -9% | -$343K |
|
1902
Safety Insurance
SAFT
$1.52B
| $3.68M | ﹤0.01% |
65,365
+4,216
| +7% | +$232K |
|
1903
First Interstate BancSystem
FIBK
$3.61B
| $3.67M | ﹤0.01% |
129,491
+30,047
| +30% | +$779K |
|
1904
S&T Bancorp
STBA
$1.81B
| $3.67M | ﹤0.01% |
145,036
+4,168
| +3% | +$103K |
|
|
RKUS
1905
DELISTED
RUCKUS WIRELESS INC COM STK (DE)
RKUS
| $3.64M | ﹤0.01% |
256,657
+14,469
| +6% | +$213K |
|
|
ALJ
1906
DELISTED
Alon USA Energy Inc
ALJ
| $3.64M | ﹤0.01% |
220,306
+4,226
| +2% | +$53.4K |
|
1907
Orthofix Medical
OFIX
$412M
| $3.63M | ﹤0.01% |
159,052
+68,970
| +77% | +$1.44M |
|
1908
LSB Industries
LXU
$708M
| $3.63M | ﹤0.01% |
114,963
-9,915
| -8% | -$257K |
|
|
SGNT
1909
DELISTED
SAGENT PHARMACEUTICALS INC COM STK (DE)
SGNT
| $3.63M | ﹤0.01% |
142,947
+24,372
| +21% | +$550K |
|
1910
Resources Connection
RGP
$142M
| $3.63M | ﹤0.01% |
253,072
+33,604
| +15% | +$442K |
|
1911
Haverty Furniture Companies
HVT
$432M
| $3.62M | ﹤0.01% |
115,647
+15,256
| +15% | +$421K |
|
|
INN
1912
Summit Hotel Properties
INN
$655M
| $3.62M | ﹤0.01% |
401,884
+84,513
| +27% | +$761K |
|
1913
Emergent Biosolutions
EBS
$228M
| $3.62M | ﹤0.01% |
157,267
+11,565
| +8% | +$241K |
|
|
BRKL
1914
DELISTED
Brookline Bancorp
BRKL
| $3.6M | ﹤0.01% |
376,314
+38,295
| +11% | +$348K |
|
|
HMHC
1915
DELISTED
Houghton Mifflin Harcourt Company
HMHC
| $3.6M | ﹤0.01% |
+212,278
| New | +$3.59M |
|
|
ANK
1916
DELISTED
ATLANTIC TELE-NETWORK,INC
ANK
| $3.6M | ﹤0.01% |
63,624
+12,499
| +24% | +$707K |
|
1917
Community Trust Bancorp
CTBI
$1.42B
| $3.58M | ﹤0.01% |
87,248
+10,372
| +13% | +$406K |
|
|
MWW
1918
DELISTED
Monster Worldwide Inc
MWW
| $3.58M | ﹤0.01% |
501,780
+8,244
| +2% | +$43.1K |
|
1919
Blackstone Mortgage Trust
BXMT
$2.45B
| $3.58M | ﹤0.01% |
131,846
+11,614
| +10% | +$297K |
|
|
MGI
1920
DELISTED
MoneyGram International, Inc. New
MGI
| $3.57M | ﹤0.01% |
171,793
+23,766
| +16% | +$483K |
|
|
RNET
1921
DELISTED
RigNet, Inc.
RNET
| $3.56M | ﹤0.01% |
74,394
+9,149
| +14% | +$373K |
|
|
KRA
1922
DELISTED
Kraton Corporation
KRA
| $3.56M | ﹤0.01% |
154,318
+18,047
| +13% | +$390K |
|
1923
Lattice Semiconductor
LSCC
$18.5B
| $3.54M | ﹤0.01% |
642,074
+91,658
| +17% | +$474K |
|
|
CBB
1924
DELISTED
Cincinnati Bell Inc.
CBB
| $3.54M | ﹤0.01% |
198,674
+20,780
| +12% | +$325K |
|
|
SSI
1925
DELISTED
Stage Stores Inc
SSI
| $3.53M | ﹤0.01% |
158,736
+18,596
| +13% | +$389K |
|
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.