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 | |
|---|---|---|---|---|---|---|
501
Celanese
CE
$4.82B
| $40.8M | 0.03% |
737,665
+71,571
| +11% | +$3.97M |
|
|
GAS
502
DELISTED
AGL Resources Inc
GAS
| $40.7M | 0.03% |
862,102
+42,616
| +5% | +$1.98M |
|
|
BEAV
503
DELISTED
B/E Aerospace Inc
BEAV
| $40.7M | 0.03% |
646,012
+46,891
| +8% | +$2.8M |
|
|
MXIM
504
DELISTED
Maxim Integrated Products
MXIM
| $40.6M | 0.03% |
1,455,827
+105,899
| +8% | +$3.06M |
|
|
HAR
505
DELISTED
Harman International Industries
HAR
| $40.6M | 0.03% |
496,144
+11,639
| +2% | +$899K |
|
|
ATVI
506
DELISTED
Activision Blizzard
ATVI
| $40.6M | 0.03% |
2,276,575
+168,168
| +8% | +$2.89M |
|
507
Oceaneering
OII
$4.64B
| $40.6M | 0.03% |
514,289
+53,796
| +12% | +$4.37M |
|
|
ANSS
508
DELISTED
Ansys
ANSS
| $40.5M | 0.03% |
464,709
+62,833
| +16% | +$5.4M |
|
|
CBI
509
DELISTED
Chicago Bridge & Iron Nv
CBI
| $40.3M | 0.03% |
485,251
+38,170
| +9% | +$2.89M |
|
|
QEP
510
DELISTED
QEP RESOURCES, INC.
QEP
| $40.2M | 0.03% |
1,313,174
+75,950
| +6% | +$2.38M |
|
511
American Water Works
AWK
$27B
| $39.3M | 0.03% |
929,440
+178,341
| +24% | +$7.47M |
|
512
Autoliv
ALV
$9.14B
| $39.1M | 0.03% |
592,019
+63,414
| +12% | +$4.14M |
|
513
Amdocs
DOX
$6.03B
| $39M | 0.03% |
946,555
+137,968
| +17% | +$5.43M |
|
514
Everest Group
EG
$15.6B
| $39M | 0.03% |
249,933
+28,281
| +13% | +$4.32M |
|
|
BTU
515
DELISTED
PEABODY ENERGY CORP COM STK NEW (DE)
BTU
| $38.8M | 0.03% |
132,364
+5,770
| +5% | +$1.63M |
|
516
Markel Group
MKL
$25.2B
| $38.5M | 0.03% |
66,290
+8,581
| +15% | +$4.66M |
|
517
Fidelity National Financial
FNF
$14.4B
| $38.2M | 0.03% |
2,060,445
+490,892
| +31% | +$7.94M |
|
518
Iron Mountain
IRM
$35.9B
| $38.1M | 0.03% |
1,360,037
+28,817
| +2% | +$738K |
|
519
MGM Resorts International
MGM
$11.7B
| $38.1M | 0.03% |
1,619,625
+212,925
| +15% | +$4.34M |
|
520
Nasdaq
NDAQ
$53.4B
| $37.9M | 0.03% |
2,856,570
+215,736
| +8% | +$2.64M |
|
521
Royal Caribbean
RCL
$86.5B
| $37.3M | 0.03% |
786,616
+100,471
| +15% | +$4.26M |
|
522
Advance Auto Parts
AAP
$3.53B
| $37.2M | 0.03% |
336,175
+29,011
| +9% | +$2.88M |
|
523
AGNC Investment
AGNC
$12.7B
| $37.2M | 0.03% |
1,928,100
+191,567
| +11% | +$4.08M |
|
|
ENDP
524
DELISTED
Endo International plc
ENDP
| $37M | 0.03% |
548,540
+59,939
| +12% | +$3.42M |
|
525
ManpowerGroup
MAN
$2.6B
| $37M | 0.03% |
430,693
+85,433
| +25% | +$6.83M |
|
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.