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 | |
|---|---|---|---|---|---|---|
3001
Marchex
MCHX
$79.7M
| $638K | ﹤0.01% |
153,917
+261
| +0.2% | +$2.43K |
|
|
CLUB
3002
DELISTED
Town Sports International Holdings, Inc.
CLUB
| $636K | ﹤0.01% |
95,074
-2,343
| -2% | -$13.6K |
|
3003
Varonis Systems
VRNS
$5B
| $635K | ﹤0.01% |
90,426
+7,806
| +9% | +$59K |
|
|
HALL
3004
DELISTED
Hallmark Financial Services, Inc.
HALL
| $632K | ﹤0.01% |
6,137
+678
| +12% | +$65.9K |
|
3005
Richardson Electronics
RELL
$304M
| $628K | ﹤0.01% |
62,889
+64
| +0.1% | +$650 |
|
|
PZN
3006
DELISTED
Pzena Investment Management, Inc. Class A
PZN
| $628K | ﹤0.01% |
65,776
+1,193
| +2% | +$12.3K |
|
|
GUID
3007
DELISTED
Guidance Software, Inc.
GUID
| $628K | ﹤0.01% |
93,448
+8,813
| +10% | +$68.8K |
|
3008
LSI Industries
LYTS
$924M
| $627K | ﹤0.01% |
103,388
+92
| +0.1% | +$647 |
|
|
KONA
3009
DELISTED
Kona Grill, Inc.
KONA
| $627K | ﹤0.01% |
31,824
+4,506
| +16% | +$82.7K |
|
3010
Inogen
INGN
$164M
| $624K | ﹤0.01% |
30,289
+12,231
| +68% | +$248K |
|
|
FPRX
3011
DELISTED
Five Prime Therapeutics, Inc.
FPRX
| $624K | ﹤0.01% |
53,263
-7
| -0% | -$88 |
|
|
OAKS
3012
DELISTED
Five Oaks Investment Corp.
OAKS
| $624K | ﹤0.01% |
59,456
+7,721
| +15% | +$86.2K |
|
|
KIN
3013
DELISTED
Kindred Biosciences, Inc.
KIN
| $623K | ﹤0.01% |
67,431
-5,149
| -7% | -$69.6K |
|
3014
Farmers National Banc Corp
FMNB
$930M
| $622K | ﹤0.01% |
77,853
+148
| +0.2% | +$1.14K |
|
3015
Horizon Bancorp
HBNC
$1.04B
| $620K | ﹤0.01% |
60,615
+2,342
| +4% | +$22.9K |
|
|
VTNR
3016
DELISTED
Vertex Energy, Inc
VTNR
| $618K | ﹤0.01% |
88,803
+6,606
| +8% | +$55.1K |
|
|
NWHM
3017
DELISTED
THE NEW HOME COMPANY INC.
NWHM
| $615K | ﹤0.01% |
45,574
| – | – |
|
3018
A10 Networks
ATEN
$1.95B
| $614K | ﹤0.01% |
67,413
+23,892
| +55% | +$273K |
|
3019
NanoViricides
NNVC
$36.2M
| $613K | ﹤0.01% |
10,227
| – | – |
|
|
CTRL
3020
DELISTED
Control4 Corporation
CTRL
| $613K | ﹤0.01% |
47,457
+17,237
| +57% | +$271K |
|
|
ISRL
3021
DELISTED
Isramco Inc
ISRL
| $612K | ﹤0.01% |
5,013
+1,234
| +33% | +$151K |
|
3022
Village Super Market
VLGEA
$639M
| $610K | ﹤0.01% |
26,801
+1,605
| +6% | +$37.1K |
|
|
CUTR
3023
DELISTED
Cutera, Inc.
CUTR
| $604K | ﹤0.01% |
59,883
+3,369
| +6% | +$33.5K |
|
|
PENX
3024
DELISTED
PENFORD CORP
PENX
| $604K | ﹤0.01% |
45,864
+62
| +0.1% | +$804 |
|
|
LITS
3025
Lite Strategy Inc
LITS
$30.9M
| $603K | ﹤0.01% |
4,370
-3
| -0.1% | -$407 |
|
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.