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 | |
|---|---|---|---|---|---|---|
|
GAS
476
DELISTED
AGL Resources Inc
GAS
| $50.3M | 0.03% |
980,489
+20,200
| +2% | +$1.07M |
|
|
ADT
477
DELISTED
ADT Corp
ADT
| $50M | 0.03% |
1,412,134
+105,406
| +8% | +$3.74M |
|
478
Jazz Pharmaceuticals
JAZZ
$16.7B
| $49.9M | 0.03% |
310,940
+33,256
| +12% | +$5.11M |
|
479
American Water Works
AWK
$26.8B
| $49.8M | 0.03% |
1,032,539
+3,454
| +0.3% | +$169K |
|
480
Globe Life
GL
$14.4B
| $49.8M | 0.03% |
951,312
-23,760
| -2% | -$1.28M |
|
481
Lennar Class A
LEN
$20.4B
| $49.7M | 0.03% |
1,345,442
-4,878
| -0.4% | -$181K |
|
482
Darden Restaurants
DRI
$24.1B
| $49.6M | 0.03% |
1,080,004
-7,416
| -0.7% | -$313K |
|
|
PCL
483
DELISTED
PLUM CREEK TIMBER CO (REIT)
PCL
| $49.4M | 0.03% |
1,268,908
-12,096
| -0.9% | -$504K |
|
484
Federal Realty Investment Trust
FRT
$10.2B
| $49.3M | 0.03% |
416,461
+9,278
| +2% | +$1.14M |
|
|
FTR
485
DELISTED
Frontier Communications Corp.
FTR
| $49.1M | 0.03% |
503,501
-3,784
| -0.7% | -$360K |
|
486
D.R. Horton
DHI
$40.8B
| $49.1M | 0.03% |
2,394,157
+294,484
| +14% | +$6.49M |
|
|
ETFC
487
DELISTED
E*Trade Financial Corporation
ETFC
| $48.9M | 0.03% |
2,167,252
-27,187
| -1% | -$597K |
|
488
Celanese
CE
$4.82B
| $48.9M | 0.03% |
835,294
+29,094
| +4% | +$1.79M |
|
|
GRMN
489
Garmin
GRMN
$58.2B
| $48.8M | 0.03% |
940,411
-3,821
| -0.4% | -$212K |
|
|
TGNA
490
DELISTED
TEGNA Inc
TGNA
| $48.8M | 0.03% |
3,148,636
-38,602
| -1% | -$661K |
|
491
Robert Half
RHI
$4.16B
| $48.8M | 0.03% |
997,167
-10,107
| -1% | -$501K |
|
492
Dentsply Sirona
XRAY
$2.64B
| $48.1M | 0.03% |
1,055,764
-5,403
| -0.5% | -$254K |
|
493
Jacobs Solutions
J
$16.9B
| $47.7M | 0.03% |
1,183,415
-6,481
| -0.5% | -$283K |
|
|
WIN
494
DELISTED
Windstream Holdings Inc
WIN
| $47.7M | 0.03% |
565,245
-3,829
| -0.7% | -$328K |
|
495
Genworth Financial
GNW
$3.72B
| $47.5M | 0.03% |
3,627,060
-104,104
| -3% | -$1.51M |
|
496
Verisk Analytics
VRSK
$24.7B
| $47.4M | 0.03% |
779,315
+7,708
| +1% | +$481K |
|
|
WLL
497
DELISTED
Whiting Petroleum Corporation
WLL
| $47.4M | 0.03% |
2,040
+7
| +0.3% | +$178K |
|
|
HAR
498
DELISTED
Harman International Industries
HAR
| $47M | 0.03% |
479,919
-7,131
| -1% | -$795K |
|
499
Xylem
XYL
$28.2B
| $46.9M | 0.03% |
1,322,706
-20,700
| -2% | -$769K |
|
500
Church & Dwight Co
CHD
$24.5B
| $46.9M | 0.03% |
1,336,708
-20,392
| -2% | -$694K |
|
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.