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 | |
|---|---|---|---|---|---|---|
426
Western Union
WU
$2.23B
| $60.1M | 0.04% |
3,754,381
-87,118
| -2% | -$1.5M |
|
427
International Flavors & Fragrances
IFF
$21.6B
| $59.9M | 0.04% |
625,130
-9,919
| -2% | -$1M |
|
428
CMS Energy
CMS
$22.3B
| $59.9M | 0.04% |
2,020,571
+14,728
| +0.7% | +$440K |
|
|
TRW
429
DELISTED
TRW AUTOMOTIVE HOLDINGS CORP
TRW
| $59.7M | 0.04% |
589,569
+217
| +0% | +$21.7K |
|
430
Huntington Bancshares
HBAN
$35.1B
| $59.6M | 0.04% |
6,134,988
-115,912
| -2% | -$1.13M |
|
431
Annaly Capital Management
NLY
$17.1B
| $59.2M | 0.04% |
1,386,344
+99,491
| +8% | +$4.55M |
|
|
SPLS
432
DELISTED
Staples Inc
SPLS
| $58.9M | 0.04% |
4,876,735
-37,677
| -0.8% | -$442K |
|
|
VAR
433
DELISTED
Varian Medical Systems, Inc.
VAR
| $58.8M | 0.04% |
838,329
-13,360
| -2% | -$985K |
|
434
Waters Corp
WAT
$39.2B
| $58.7M | 0.04% |
593,329
-10,516
| -2% | -$1.08M |
|
|
VER
435
DELISTED
VEREIT, Inc.
VER
| $58.7M | 0.04% |
973,078
+15,122
| +2% | +$972K |
|
|
SWY
436
DELISTED
SAFEWAY INC
SWY
| $58.4M | 0.04% |
1,705,596
-14,671
| -0.9% | -$507K |
|
437
Equinix
EQIX
$104B
| $58.3M | 0.04% |
274,377
+22,967
| +9% | +$4.93M |
|
438
Navient
NAVI
$892M
| $58.2M | 0.04% |
3,291,391
-28,586
| -0.9% | -$503K |
|
439
CBRE Group
CBRE
$42.7B
| $58.2M | 0.04% |
1,959,399
-17,478
| -0.9% | -$549K |
|
|
SNI
440
DELISTED
Scripps Networks Interactive, Inc Common Class A
SNI
| $57.8M | 0.04% |
740,956
-27,019
| -4% | -$2.18M |
|
441
Expeditors International
EXPD
$23.2B
| $57.6M | 0.04% |
1,422,345
-42,777
| -3% | -$1.82M |
|
442
Vulcan Materials
VMC
$36.5B
| $57M | 0.04% |
947,470
-7,804
| -0.8% | -$492K |
|
443
Quanta Services
PWR
$100B
| $56.7M | 0.04% |
1,565,090
-27,588
| -2% | -$981K |
|
|
HBI
444
DELISTED
Hanesbrands
HBI
| $56.6M | 0.04% |
2,108,540
-26,872
| -1% | -$683K |
|
445
Herc Holdings
HRI
$5.62B
| $56.5M | 0.04% |
742,306
-4,197
| -0.6% | -$359K |
|
|
ANDV
446
DELISTED
Andeavor
ANDV
| $56.5M | 0.04% |
927,378
-15,169
| -2% | -$935K |
|
|
ATVI
447
DELISTED
Activision Blizzard
ATVI
| $56.3M | 0.04% |
2,710,737
+62,728
| +2% | +$1.43M |
|
448
Martin Marietta Materials
MLM
$32.3B
| $56.3M | 0.04% |
436,935
+211,576
| +94% | +$27.3M |
|
449
Jefferies Financial Group
JEF
$13B
| $55.6M | 0.04% |
2,607,601
-24,040
| -0.9% | -$541K |
|
|
IPG
450
DELISTED
Interpublic Group of Companies
IPG
| $55.3M | 0.04% |
3,023,201
-31,682
| -1% | -$614K |
|
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.