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 | |
|---|---|---|---|---|---|---|
526
Autoliv
ALV
$8.83B
| $41.1M | 0.03% |
621,070
-72
| -0% | -$5.29K |
|
527
MGM Resorts International
MGM
$11.4B
| $41M | 0.03% |
1,801,696
+71,398
| +4% | +$1.78M |
|
528
Trimble
TRMB
$13.6B
| $41M | 0.03% |
1,345,059
+12,913
| +1% | +$420K |
|
529
Edgewell Personal Care
EPC
$1.3B
| $40.8M | 0.03% |
446,588
-978
| -0.2% | -$87.5K |
|
|
CPN
530
DELISTED
Calpine Corporation
CPN
| $40.7M | 0.03% |
1,876,245
+80,685
| +4% | +$1.83M |
|
531
Tenet Healthcare
THC
$20.7B
| $40.7M | 0.03% |
685,952
-15,499
| -2% | -$865K |
|
532
United Therapeutics
UTHR
$22.6B
| $40.7M | 0.03% |
316,015
+17,048
| +6% | +$1.76M |
|
533
Wabtec
WAB
$49.9B
| $40.6M | 0.03% |
501,561
+21,785
| +5% | +$1.8M |
|
534
Iron Mountain
IRM
$36.3B
| $40.5M | 0.03% |
1,240,804
-114,866
| -8% | -$3.72M |
|
535
Extra Space Storage
EXR
$31.6B
| $40.2M | 0.03% |
780,191
+523
| +0.1% | +$27.6K |
|
|
IHS
536
DELISTED
IHS INC CL-A COM STK
IHS
| $40.1M | 0.03% |
320,311
+6,907
| +2% | +$937K |
|
|
PCYC
537
DELISTED
PHARMACYCLICS INC
PCYC
| $39.6M | 0.03% |
337,172
-10,390
| -3% | -$1.18M |
|
538
Fidelity National Financial
FNF
$14.1B
| $39.5M | 0.03% |
2,053,807
-428,528
| -17% | -$8.29M |
|
|
AVP
539
DELISTED
Avon Products, Inc.
AVP
| $39.5M | 0.03% |
3,137,147
-35,849
| -1% | -$492K |
|
540
Everest Group
EG
$14.2B
| $39.4M | 0.03% |
243,076
+1,098
| +0.5% | +$178K |
|
|
LVLT
541
DELISTED
Level 3 Communications Inc
LVLT
| $39.4M | 0.03% |
861,072
+18,053
| +2% | +$801K |
|
|
JOY
542
DELISTED
Joy Global Inc
JOY
| $39.3M | 0.03% |
721,237
-15,979
| -2% | -$970K |
|
543
Ulta Beauty
ULTA
$23.2B
| $39.1M | 0.03% |
331,102
+4,285
| +1% | +$426K |
|
|
TEG
544
DELISTED
INTEGRYS ENERGY GROUP INC COM (USA)
TEG
| $39.1M | 0.03% |
603,892
+4,324
| +0.7% | +$291K |
|
|
AIV
545
Aimco
AIV
$381M
| $38.9M | 0.03% |
9,196,173
-443
| -0% | -$1.97K |
|
546
Camden Property Trust
CPT
$11B
| $38.9M | 0.03% |
567,770
+16,340
| +3% | +$1.18M |
|
547
Ashland
ASH
$3.32B
| $38.9M | 0.03% |
763,459
+15
| +0% | +$781 |
|
548
Marvell Technology
MRVL
$189B
| $38.8M | 0.03% |
2,881,580
+195,922
| +7% | +$2.7M |
|
549
Pitney Bowes
PBI
$2.46B
| $38.7M | 0.03% |
1,552,055
+65,020
| +4% | +$1.74M |
|
550
ServiceNow
NOW
$121B
| $38.7M | 0.03% |
3,295,175
+637,710
| +24% | +$7.52M |
|
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.