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 | |
|---|---|---|---|---|---|---|
326
KeyCorp
KEY
$24.3B
| $91.1M | 0.06% |
6,840,440
-162,940
| -2% | -$2.23M |
|
327
Molson Coors Class B
TAP
$7.91B
| $90.8M | 0.06% |
1,221,347
+1,820
| +0.1% | +$133K |
|
328
Lam Research
LRCX
$387B
| $90.2M | 0.06% |
12,090,380
-93,320
| -0.8% | -$666K |
|
329
TechnipFMC
FTI
$27.4B
| $89.8M | 0.06% |
2,224,309
-25,332
| -1% | -$1.12M |
|
330
Fastenal
FAST
$58.1B
| $89.5M | 0.06% |
7,982,360
-28,160
| -0.4% | -$322K |
|
331
Harley-Davidson
HOG
$2.72B
| $89.3M | 0.06% |
1,536,113
-19,706
| -1% | -$1.26M |
|
|
GAP
332
The Gap Inc
GAP
$7.39B
| $89.2M | 0.06% |
2,141,175
+203,955
| +11% | +$8.65M |
|
333
Eastman Chemical
EMN
$8.51B
| $88.6M | 0.06% |
1,096,423
+2,123
| +0.2% | +$177K |
|
334
Clorox
CLX
$12.8B
| $87.9M | 0.06% |
916,682
+1,329
| +0.1% | +$120K |
|
335
Cheniere Energy
LNG
$55.4B
| $87.3M | 0.06% |
1,090,721
+4,129
| +0.4% | +$315K |
|
|
SWN
336
DELISTED
Southwestern Energy Company
SWN
| $86.7M | 0.06% |
2,485,330
-85,846
| -3% | -$3.43M |
|
|
CTXS
337
DELISTED
Citrix Systems Inc
CTXS
| $86.7M | 0.06% |
1,527,882
-21,682
| -1% | -$1.18M |
|
338
Edwards Lifesciences
EW
$51.3B
| $86.5M | 0.06% |
5,087,448
-8,658
| -0.2% | -$137K |
|
|
CHK
339
DELISTED
Chesapeake Energy Corporation
CHK
| $86.1M | 0.06% |
18,754
-1,844
| -9% | -$9.71M |
|
340
United Airlines
UAL
$42.4B
| $86M | 0.06% |
1,837,570
+8,648
| +0.5% | +$401K |
|
|
BCR
341
DELISTED
CR Bard Inc.
BCR
| $84.6M | 0.05% |
593,475
-3,355
| -0.6% | -$496K |
|
342
BorgWarner
BWA
$13.7B
| $84.4M | 0.05% |
1,824,227
-18,100
| -1% | -$992K |
|
343
Dollar Tree
DLTR
$24.8B
| $84M | 0.05% |
1,500,779
-16,061
| -1% | -$885K |
|
344
Newmont
NEM
$111B
| $83.9M | 0.05% |
3,646,150
-33,950
| -0.9% | -$866K |
|
|
ALTR
345
DELISTED
Altera Corp
ALTR
| $82.8M | 0.05% |
2,316,274
-37,748
| -2% | -$1.31M |
|
|
XLNX
346
DELISTED
Xilinx Inc
XLNX
| $82.5M | 0.05% |
1,949,406
-12,634
| -0.6% | -$552K |
|
347
Whirlpool
WHR
$2.85B
| $82.3M | 0.05% |
566,038
-19,292
| -3% | -$2.85M |
|
348
Electronic Arts
EA
| $81.8M | 0.05% |
2,299,311
-15,420
| -0.7% | -$562K |
|
349
Helmerich & Payne
HP
$3.71B
| $81.5M | 0.05% |
833,970
+9,792
| +1% | +$1.04M |
|
350
Affiliated Managers Group
AMG
$9.93B
| $81M | 0.05% |
404,794
-231
| -0.1% | -$47.1K |
|
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.