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 Corporation Series C Common Stock
FWONK
|
+$52.1M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Warner Bros
WBD
|
+$81.1M |
| 2 |
Oracle
ORCL
|
+$61.5M |
| 3 |
Liberty Media Corporation Series A Common Stock
FWONA
|
+$48.3M |
| 4 |
IBM
IBM
|
+$40.2M |
| 5 |
HSH
HILLSHIRE BRANDS CO
HSH
|
+$39.2M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 14.95% |
| 2 | Technology | 14.78% |
| 3 | Healthcare | 14.11% |
| 4 | Industrials | 10.67% |
| 5 | Energy | 9.28% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
226
Alcoa
AA
$11B
| $138M | 0.09% |
3,569,210
-32,338
| -0.9% | -$1.27M |
2013 Q2
5 quarters
|
|
227
Dollar General
DG
$29.5B
| $134M | 0.09% |
2,200,580
+27,939
| +1% | +$1.67M |
2013 Q2
5 quarters
|
|
228
Weyerhaeuser
WY
$14.1B
| $134M | 0.09% |
4,207,542
-216,802
| -5% | -$7.11M |
2013 Q2
5 quarters
|
|
229
Edison International
EIX
$21.6B
| $133M | 0.09% |
2,383,776
-22,586
| -0.9% | -$1.29M |
2013 Q2
5 quarters
|
|
230
Carnival Corporation Ltd
CCL
$34.7B
| $133M | 0.09% |
3,310,694
+77,795
| +2% | +$2.95M |
2013 Q2
5 quarters
|
|
|
CERN
231
DELISTED
Cerner Corp
CERN
| $133M | 0.09% |
2,228,948
+64,637
| +3% | +$3.63M |
2013 Q2
5 quarters
|
|
232
Gen Digital
GEN
$14.4B
| $133M | 0.09% |
5,645,362
+228,394
| +4% | +$5.44M |
2013 Q2
5 quarters
|
|
233
Seagate
STX
$148B
| $132M | 0.09% |
2,306,411
+13,486
| +0.6% | +$799K |
2013 Q2
5 quarters
|
|
234
Zoetis
ZTS
$32.6B
| $130M | 0.08% |
3,528,258
-34,908
| -1% | -$1.19M |
2013 Q2
5 quarters
|
|
235
Sherwin-Williams
SHW
$80.8B
| $129M | 0.08% |
1,765,512
-44,361
| -2% | -$3.15M |
2013 Q2
5 quarters
|
|
236
Fifth Third Bancorp
FITB
$45.7B
| $128M | 0.08% |
6,420,483
-182,343
| -3% | -$3.74M |
2013 Q2
5 quarters
|
|
237
American Airlines Group
AAL
$7.9B
| $128M | 0.08% |
3,617,676
+42,467
| +1% | +$1.67M |
2013 Q4
3 quarters
|
|
|
GGP
238
DELISTED
GGP Inc.
GGP
| $128M | 0.08% |
5,454,853
+907,545
| +20% | +$21.8M |
2013 Q2
5 quarters
|
|
|
RAI
239
DELISTED
Reynolds American Inc
RAI
| $127M | 0.08% |
4,315,794
-88,062
| -2% | -$2.56M |
2013 Q2
5 quarters
|
|
240
Aptiv
APTV
$9.37B
| $127M | 0.08% |
2,075,496
+120,609
| +6% | +$8.26M |
2013 Q2
5 quarters
|
|
241
Moody's
MCO
$83.3B
| $127M | 0.08% |
1,343,386
-20,435
| -1% | -$1.87M |
2013 Q2
5 quarters
|
|
|
TWTR
242
DELISTED
Twitter, Inc.
TWTR
| $126M | 0.08% |
2,448,495
+1,948,908
| +390% | +$88.1M |
2013 Q4
3 quarters
|
|
243
Nucor
NUE
$58.4B
| $126M | 0.08% |
2,327,822
-12,110
| -0.5% | -$639K |
2013 Q2
5 quarters
|
|
|
STJ
244
DELISTED
St Jude Medical
STJ
| $126M | 0.08% |
2,098,694
+16,828
| +0.8% | +$1.1M |
2013 Q2
5 quarters
|
|
245
Consolidated Edison
ED
$41.4B
| $124M | 0.08% |
2,195,457
+34,020
| +2% | +$1.93M |
2013 Q2
5 quarters
|
|
246
Omnicom Group
OMC
$22B
| $124M | 0.08% |
1,803,624
-47,575
| -3% | -$3.39M |
2013 Q2
5 quarters
|
|
247
Invesco
IVZ
$12.4B
| $124M | 0.08% |
3,144,368
-30,357
| -1% | -$1.19M |
2013 Q2
5 quarters
|
|
248
Zimmer Biomet
ZBH
$18B
| $124M | 0.08% |
1,269,716
-6,086
| -0.5% | -$599K |
2013 Q2
5 quarters
|
|
249
Viatris
VTRS
$21.1B
| $124M | 0.08% |
2,718,910
-14,048
| -0.5% | -$683K |
2013 Q2
5 quarters
|
|
250
Illumina
ILMN
$39.7B
| $123M | 0.08% |
770,458
+80,562
| +12% | +$13.5M |
2013 Q2
5 quarters
|
|
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 Corporation Series C Common Stock: 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.