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 |
Microsoft
MSFT
|
+$223M |
| 2 |
Meta Platforms (Facebook)
META
|
+$119M |
| 3 |
TWTR
Twitter, Inc.
TWTR
|
+$88.1M |
| 4 |
DISCK
Discovery, Inc. Series C Common Stock
DISCK
|
+$75.4M |
| 5 |
Liberty Media Series C
FWONK
|
+$52.1M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Warner Bros
WBD
|
+$81.1M |
| 2 |
Oracle
ORCL
|
+$61.5M |
| 3 |
Liberty Media Series A
FWONA
|
+$48.3M |
| 4 |
IBM
IBM
|
+$40.2M |
| 5 |
HSH
HILLSHIRE BRANDS CO
HSH
|
+$39.2M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 14.83% |
| 2 | Technology | 14.52% |
| 3 | Healthcare | 13.8% |
| 4 | Industrials | 10.55% |
| 5 | Energy | 8.75% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
226
Alcoa
AA
$12.6B
| $138M | 0.09% |
3,569,210
-32,338
| -0.9% | -$1.27M |
|
227
Dollar General
DG
$28B
| $134M | 0.09% |
2,200,580
+27,939
| +1% | +$1.67M |
|
228
Weyerhaeuser
WY
$18.6B
| $134M | 0.09% |
4,207,542
-216,802
| -5% | -$7.11M |
|
229
Edison International
EIX
$26.3B
| $133M | 0.09% |
2,383,776
-22,586
| -0.9% | -$1.29M |
|
230
Carnival Corporation Ltd
CCL
$40.6B
| $133M | 0.09% |
3,310,694
+77,795
| +2% | +$2.95M |
|
|
CERN
231
DELISTED
Cerner Corp
CERN
| $133M | 0.09% |
2,228,948
+64,637
| +3% | +$3.63M |
|
232
Gen Digital
GEN
$16.7B
| $133M | 0.09% |
5,645,362
+228,394
| +4% | +$5.44M |
|
233
Seagate
STX
$190B
| $132M | 0.09% |
2,306,411
+13,486
| +0.6% | +$799K |
|
234
Zoetis
ZTS
$31.2B
| $130M | 0.08% |
3,528,258
-34,908
| -1% | -$1.19M |
|
235
Sherwin-Williams
SHW
$89.7B
| $129M | 0.08% |
1,765,512
-44,361
| -2% | -$3.15M |
|
|
FITB
236
Fifth Third Bancorp
FITB
$52.2B
| $128M | 0.08% |
6,420,483
-182,343
| -3% | -$3.74M |
|
237
American Airlines Group
AAL
$11B
| $128M | 0.08% |
3,617,676
+42,467
| +1% | +$1.67M |
|
|
GGP
238
DELISTED
GGP Inc.
GGP
| $128M | 0.08% |
5,454,853
+907,545
| +20% | +$21.8M |
|
|
RAI
239
DELISTED
Reynolds American Inc
RAI
| $127M | 0.08% |
4,315,794
-88,062
| -2% | -$2.56M |
|
240
Aptiv
APTV
$9.76B
| $127M | 0.08% |
2,075,496
+120,609
| +6% | +$8.26M |
|
241
Moody's
MCO
$83.8B
| $127M | 0.08% |
1,343,386
-20,435
| -1% | -$1.87M |
|
|
TWTR
242
DELISTED
Twitter, Inc.
TWTR
| $126M | 0.08% |
2,448,495
+1,948,908
| +390% | +$88.1M |
|
243
Nucor
NUE
$62.6B
| $126M | 0.08% |
2,327,822
-12,110
| -0.5% | -$639K |
|
|
STJ
244
DELISTED
St Jude Medical
STJ
| $126M | 0.08% |
2,098,694
+16,828
| +0.8% | +$1.1M |
|
245
Consolidated Edison
ED
$39.9B
| $124M | 0.08% |
2,195,457
+34,020
| +2% | +$1.93M |
|
246
Omnicom Group
OMC
$22.4B
| $124M | 0.08% |
1,803,624
-47,575
| -3% | -$3.39M |
|
247
Invesco
IVZ
$14.1B
| $124M | 0.08% |
3,144,368
-30,357
| -1% | -$1.19M |
|
248
Zimmer Biomet
ZBH
$19B
| $124M | 0.08% |
1,269,716
-6,086
| -0.5% | -$599K |
|
249
Viatris
VTRS
$20.6B
| $124M | 0.08% |
2,718,910
-14,048
| -0.5% | -$683K |
|
250
Illumina
ILMN
$30.2B
| $123M | 0.08% |
770,458
+80,562
| +12% | +$13.5M |
|
Similar funds
Geode Capital Management's Q3 2014 Portfolio in Review
As of Q3 2014, Geode Capital Management held 3,968 positions worth $154B, down 0.26% from $155B the previous quarter. Its ten largest holdings account for 16% of the portfolio.
Trading was light in Q3 2014: portfolio turnover was 4.5%. Geode Capital Management opened 125 new positions and exited 53, leaving the 3,968-position portfolio largely intact.
By sector, the portfolio is most concentrated in Financials at 15% of assets, up from 15% a quarter earlier, followed by Technology and Healthcare.
- Geode Capital Management's largest Q3 2014 buy was Liberty Media Series C: 2,037,195 shares worth $51.2M.
- Geode Capital Management added most to Microsoft in Q3 2014, an estimated $223M increase.
- Geode Capital Management's biggest Q3 2014 reduction was Warner Bros, cutting an estimated $81.1M.
- Geode Capital Management fully exited HILLSHIRE BRANDS CO in Q3 2014, selling an estimated $39.2M.
- Geode Capital Management's ten largest holdings make up 16% of its $154B portfolio in Q3 2014.
- Geode Capital Management opened 125 new positions and closed 53 in Q3 2014.
- Geode Capital Management's portfolio value fell 0.26% quarter-over-quarter to $154B.
Based on Geode Capital Management's 13F filing for Q3 2014, filed 14 Nov 2014.