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 | |
|---|---|---|---|---|---|---|
551
T-Mobile US
TMUS
$193B
| $38.7M | 0.03% |
1,341,379
+27,999
| +2% | +$862K |
|
|
VMW
552
DELISTED
VMware, Inc
VMW
| $38.7M | 0.03% |
412,210
+183
| +0% | +$17.8K |
|
|
DNR
553
DELISTED
Denbury Resources, Inc.
DNR
| $38.7M | 0.03% |
2,575,350
-17,213
| -0.7% | -$289K |
|
|
MDVN
554
DELISTED
MEDIVATION, INC.
MDVN
| $38.6M | 0.03% |
781,704
+7,984
| +1% | +$339K |
|
555
Workday
WDAY
$42B
| $38.5M | 0.03% |
467,330
+285,372
| +157% | +$24.4M |
|
556
OGE Energy
OGE
$9.67B
| $38.4M | 0.02% |
1,034,927
+3,268
| +0.3% | +$120K |
|
|
ANSS
557
DELISTED
Ansys
ANSS
| $38.1M | 0.02% |
503,840
+4,506
| +0.9% | +$353K |
|
558
Incyte
INCY
$24B
| $38.1M | 0.02% |
776,824
+8,354
| +1% | +$419K |
|
559
Nasdaq
NDAQ
$52.9B
| $38.1M | 0.02% |
2,696,040
-5,889
| -0.2% | -$82.6K |
|
560
GameStop
GME
$8.63B
| $37.9M | 0.02% |
3,682,096
+193,812
| +6% | +$2.06M |
|
|
NE
561
DELISTED
Noble Corporation
NE
| $37.8M | 0.02% |
1,705,786
-269,714
| -14% | -$7.27M |
|
|
QEP
562
DELISTED
QEP RESOURCES, INC.
QEP
| $37.8M | 0.02% |
1,229,576
-93,141
| -7% | -$3.11M |
|
563
Cooper Companies
COO
$14.3B
| $37.7M | 0.02% |
969,388
-23,164
| -2% | -$912K |
|
564
Mettler-Toledo International
MTD
$28.5B
| $37.5M | 0.02% |
146,524
+600
| +0.4% | +$157K |
|
565
Arch Capital
ACGL
$33.9B
| $37.5M | 0.02% |
2,056,944
+114,201
| +6% | +$2.11M |
|
566
First Solar
FSLR
$26.2B
| $37.5M | 0.02% |
569,871
+18,140
| +3% | +$1.23M |
|
567
Alaska Air
ALK
$5.66B
| $37.4M | 0.02% |
858,782
+35,428
| +4% | +$1.64M |
|
|
LM
568
DELISTED
Legg Mason, Inc.
LM
| $37.4M | 0.02% |
731,723
-18,557
| -2% | -$921K |
|
569
Raymond James Financial
RJF
$34.4B
| $37.1M | 0.02% |
1,037,540
+56,385
| +6% | +$1.97M |
|
|
DRE
570
DELISTED
Duke Realty Corp.
DRE
| $37M | 0.02% |
2,156,534
+51,335
| +2% | +$927K |
|
571
Voya Financial
VOYA
$9.2B
| $37M | 0.02% |
946,984
+190,332
| +25% | +$7.22M |
|
|
NFX
572
DELISTED
Newfield Exploration
NFX
| $36.8M | 0.02% |
992,764
-13,252
| -1% | -$550K |
|
573
Hilton Worldwide
HLT
$72.5B
| $36.8M | 0.02% |
497,635
+294,083
| +144% | +$21.9M |
|
|
JAH
574
DELISTED
JARDEN CORPORATION
JAH
| $36.7M | 0.02% |
915,740
+12,191
| +1% | +$477K |
|
575
Synopsys
SNPS
$77.7B
| $36.7M | 0.02% |
924,407
+57,420
| +7% | +$2.28M |
|
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.