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 | |
|---|---|---|---|---|---|---|
|
CMA
401
DELISTED
Comerica
CMA
| $63.8M | 0.04% |
1,343,379
+65,656
| +5% | +$2.88M |
|
402
United Airlines
UAL
$38.8B
| $63.3M | 0.04% |
1,673,491
+212,197
| +15% | +$7.43M |
|
|
JWN
403
DELISTED
Nordstrom
JWN
| $62.7M | 0.04% |
1,014,749
+21,708
| +2% | +$1.31M |
|
404
Jacobs Solutions
J
$16B
| $62.6M | 0.04% |
1,201,671
+95,355
| +9% | +$4.72M |
|
|
ADT
405
DELISTED
ADT Corp
ADT
| $62.2M | 0.04% |
1,537,616
+113,588
| +8% | +$4.67M |
|
406
Huntington Bancshares
HBAN
$34B
| $62.2M | 0.04% |
6,444,200
+395,485
| +7% | +$3.55M |
|
407
Akamai
AKAM
$15.6B
| $62.1M | 0.04% |
1,317,347
+59,193
| +5% | +$2.79M |
|
408
Equifax
EFX
$22B
| $61.4M | 0.04% |
888,997
+44,356
| +5% | +$2.88M |
|
409
Waters Corp
WAT
$37.3B
| $60.3M | 0.04% |
603,533
+10,808
| +2% | +$1.09M |
|
410
Quest Diagnostics
DGX
$26B
| $59.9M | 0.04% |
1,118,587
-1,558
| -0.1% | -$92.4K |
|
411
Tesla
TSLA
$1.18T
| $59.8M | 0.04% |
5,967,225
+601,155
| +11% | +$6.14M |
|
412
L3Harris
LHX
$55.4B
| $59.8M | 0.04% |
856,950
+44,879
| +6% | +$2.84M |
|
|
SWY
413
DELISTED
SAFEWAY INC
SWY
| $58.6M | 0.04% |
2,011,944
+116,831
| +6% | +$3.51M |
|
|
VAR
414
DELISTED
Varian Medical Systems, Inc.
VAR
| $58.6M | 0.04% |
859,880
+4,275
| +0.5% | +$285K |
|
415
Cincinnati Financial
CINF
$27.8B
| $58.5M | 0.04% |
1,118,172
+54,112
| +5% | +$2.74M |
|
416
Labcorp
LH
$25.2B
| $58.5M | 0.04% |
745,050
+712
| +0.1% | +$60.7K |
|
417
Bunge Global
BG
$20.9B
| $58.3M | 0.04% |
710,332
+76,273
| +12% | +$6.16M |
|
418
Herc Holdings
HRI
$4.78B
| $58.3M | 0.04% |
678,587
+162,219
| +31% | +$11.6M |
|
419
Masco
MAS
$14.6B
| $58.2M | 0.04% |
2,910,985
+104,332
| +4% | +$1.94M |
|
|
PCL
420
DELISTED
PLUM CREEK TIMBER CO (REIT)
PCL
| $58.1M | 0.04% |
1,250,353
+121,337
| +11% | +$5.55M |
|
|
ANDV
421
DELISTED
Andeavor
ANDV
| $57.8M | 0.04% |
987,499
+42,087
| +4% | +$2.19M |
|
|
DISH
422
DELISTED
DISH Network Corp.
DISH
| $57.5M | 0.04% |
993,354
+100,567
| +11% | +$5.15M |
|
423
VeriSign
VRSN
$26.3B
| $56.6M | 0.04% |
946,667
-17,598
| -2% | -$969K |
|
424
Genworth Financial
GNW
$3.86B
| $56.5M | 0.04% |
3,636,887
+220,052
| +6% | +$3.18M |
|
425
H&R Block
HRB
$5.98B
| $56.3M | 0.04% |
1,940,203
+59,195
| +3% | +$1.68M |
|
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.