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 | |
|---|---|---|---|---|---|---|
451
F5
FFIV
$22B
| $51.1M | 0.04% |
562,268
+7,598
| +1% | +$647K |
|
|
WFT
452
DELISTED
Weatherford International plc
WFT
| $50.9M | 0.04% |
3,285,985
+262,744
| +9% | +$4.17M |
|
453
Pultegroup
PHM
$25.2B
| $50.4M | 0.03% |
2,473,746
+29,602
| +1% | +$525K |
|
|
TGNA
454
DELISTED
TEGNA Inc
TGNA
| $50.1M | 0.03% |
3,236,367
+195,414
| +6% | +$2.76M |
|
455
Quanta Services
PWR
$84.2B
| $49.8M | 0.03% |
1,578,759
+113,245
| +8% | +$3.33M |
|
|
CIT
456
DELISTED
CIT Group Inc.
CIT
| $49.6M | 0.03% |
950,938
+65,662
| +7% | +$3.26M |
|
|
SCG
457
DELISTED
Scana
SCG
| $49.1M | 0.03% |
1,046,357
+49,250
| +5% | +$2.3M |
|
458
Snap-on
SNA
$21.5B
| $49M | 0.03% |
447,254
+41,262
| +10% | +$4.28M |
|
|
MWV
459
DELISTED
MEADWESTVACO CORP
MWV
| $48.9M | 0.03% |
1,323,645
+83,496
| +7% | +$3.01M |
|
460
Lennar Class A
LEN
$20.4B
| $48.1M | 0.03% |
1,276,515
+77,226
| +6% | +$2.61M |
|
|
GMCR
461
DELISTED
KEURIG GREEN MTN INC
GMCR
| $47.9M | 0.03% |
633,395
+59,715
| +10% | +$4.06M |
|
462
Annaly Capital Management
NLY
$17.3B
| $47.8M | 0.03% |
1,199,079
+175,983
| +17% | +$7.64M |
|
463
BioMarin Pharmaceuticals
BMRN
$11.9B
| $47.6M | 0.03% |
678,031
+78,584
| +13% | +$5.34M |
|
464
Xylem
XYL
$28.5B
| $47.4M | 0.03% |
1,369,857
+67,047
| +5% | +$2.16M |
|
|
SEE
465
DELISTED
Sealed Air
SEE
| $47.2M | 0.03% |
1,386,890
+46,531
| +3% | +$1.42M |
|
466
Henry Schein
HSIC
$9.78B
| $46.9M | 0.03% |
1,046,625
+106,351
| +11% | +$4.65M |
|
467
LKQ Corp
LKQ
$6.72B
| $46.7M | 0.03% |
1,419,071
+123,079
| +9% | +$4.02M |
|
468
Verisk Analytics
VRSK
$27.7B
| $46.6M | 0.03% |
708,468
+60,553
| +9% | +$3.98M |
|
469
D.R. Horton
DHI
$41.2B
| $46.4M | 0.03% |
2,080,996
+124,901
| +6% | +$2.41M |
|
470
Hasbro
HAS
$13.5B
| $46.3M | 0.03% |
842,171
+33,646
| +4% | +$1.72M |
|
471
Polaris
PII
$3.83B
| $46.2M | 0.03% |
317,431
+26,714
| +9% | +$3.58M |
|
472
Cintas
CTAS
$86.6B
| $46.2M | 0.03% |
3,100,576
+125,652
| +4% | +$1.71M |
|
473
Hormel Foods
HRL
$14.2B
| $45.7M | 0.03% |
2,024,354
+104,940
| +5% | +$2.3M |
|
474
Nu Skin
NUS
$257M
| $45.7M | 0.03% |
330,545
+36,241
| +12% | +$4.27M |
|
475
Goodyear
GT
$2.09B
| $45.6M | 0.03% |
1,910,539
+50,333
| +3% | +$1.11M |
|
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.