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 | |
|---|---|---|---|---|---|---|
|
BRCD
601
DELISTED
Brocade Communications Systems, Inc. NEW
BRCD
| $33.8M | 0.02% |
3,108,855
+388,184
| +14% | +$3.78M |
|
602
Alexandria Real Estate Equities
ARE
$8.34B
| $33.5M | 0.02% |
454,139
+7,566
| +2% | +$589K |
|
603
Gartner
IT
$11.7B
| $33.5M | 0.02% |
455,485
+1,434
| +0.3% | +$104K |
|
604
Idexx Laboratories
IDXX
$46.5B
| $33.4M | 0.02% |
567,616
+1,832
| +0.3% | +$116K |
|
|
PBCT
605
DELISTED
People's United Financial Inc
PBCT
| $33.3M | 0.02% |
2,303,297
-11,707
| -0.5% | -$174K |
|
606
Regency Centers
REG
$14.1B
| $32.9M | 0.02% |
611,056
+11,864
| +2% | +$662K |
|
|
OCR
607
DELISTED
OMNICARE INC
OCR
| $32.9M | 0.02% |
527,772
+239
| +0% | +$15.2K |
|
|
FLIR
608
DELISTED
FLIR Systems, Inc. (DE) Common Stock
FLIR
| $32.8M | 0.02% |
1,046,563
-6,734
| -0.6% | -$226K |
|
609
Community Health Systems
CYH
$416M
| $32.7M | 0.02% |
723,147
+7,281
| +1% | +$303K |
|
|
PRE
610
DELISTED
PARTNERRE LTD
PRE
| $32.6M | 0.02% |
297,006
+31,004
| +12% | +$3.4M |
|
611
Kirby Corp
KEX
$7.02B
| $32.2M | 0.02% |
273,268
+1,206
| +0.4% | +$144K |
|
612
Mid-America Apartment Communities
MAA
$15.5B
| $32.1M | 0.02% |
488,380
+11,597
| +2% | +$826K |
|
|
WWAV
613
DELISTED
The WhiteWave Foods Company
WWAV
| $32M | 0.02% |
881,713
-25,382
| -3% | -$847K |
|
614
Centene
CNC
$31.7B
| $32M | 0.02% |
1,547,884
+148,180
| +11% | +$2.86M |
|
|
FRC
615
DELISTED
First Republic Bank
FRC
| $32M | 0.02% |
647,628
+6,304
| +1% | +$309K |
|
|
LPT
616
DELISTED
Liberty Property Trust
LPT
| $31.9M | 0.02% |
960,707
+14,229
| +2% | +$510K |
|
617
Allegion
ALLE
$14.3B
| $31.9M | 0.02% |
669,375
+29,348
| +5% | +$1.54M |
|
618
Lincoln Electric
LECO
$15.2B
| $31.7M | 0.02% |
458,701
+19,825
| +5% | +$1.38M |
|
619
Alliant Energy
LNT
$18B
| $31.6M | 0.02% |
1,141,844
-3,752
| -0.3% | -$108K |
|
620
Huntington Ingalls Industries
HII
$12.7B
| $31.4M | 0.02% |
301,050
+17,507
| +6% | +$1.72M |
|
621
Packaging Corp of America
PKG
$22.5B
| $31.3M | 0.02% |
490,276
+1,428
| +0.3% | +$95.9K |
|
|
DRC
622
DELISTED
DRESSER-RAND GROUP INC
DRC
| $31.2M | 0.02% |
379,637
+11,636
| +3% | +$782K |
|
623
W.P. Carey
WPC
$16.4B
| $31.2M | 0.02% |
499,809
+182,247
| +57% | +$11.9M |
|
624
Kilroy Realty
KRC
$4.34B
| $31M | 0.02% |
522,326
+9,446
| +2% | +$586K |
|
|
CNQR
625
DELISTED
CONCUR TECHNOLOGIES INC
CNQR
| $31M | 0.02% |
244,503
+2,062
| +0.9% | +$209K |
|
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.