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 | |
|---|---|---|---|---|---|---|
626
ManpowerGroup
MAN
$2.57B
| $31M | 0.02% |
441,753
+7,245
| +2% | +$566K |
|
627
Ingredion
INGR
$6.49B
| $30.9M | 0.02% |
407,913
+24,376
| +6% | +$1.89M |
|
|
VAL
628
DELISTED
Valspar
VAL
| $30.8M | 0.02% |
390,347
+1,444
| +0.4% | +$113K |
|
|
X
629
DELISTED
US Steel
X
| $30.8M | 0.02% |
787,069
-358,611
| -31% | -$12.6M |
|
|
DNB
630
DELISTED
Dun & Bradstreet
DNB
| $30.7M | 0.02% |
261,673
-3,136
| -1% | -$359K |
|
631
RPM International
RPM
$14.8B
| $30.7M | 0.02% |
670,479
+1,930
| +0.3% | +$88.5K |
|
632
Palo Alto Networks
PANW
$293B
| $30.7M | 0.02% |
1,877,100
+501,594
| +36% | +$7.2M |
|
633
SITE Centers
SITC
$164M
| $30.6M | 0.02% |
1,421,863
+29,415
| +2% | +$668K |
|
634
Core Laboratories
CLB
$513M
| $30.6M | 0.02% |
209,446
+871
| +0.4% | +$134K |
|
635
O-I Glass
OI
$1.09B
| $30.6M | 0.02% |
1,174,639
-13,424
| -1% | -$421K |
|
636
UGI
UGI
$7.35B
| $30.5M | 0.02% |
894,963
-51,239
| -5% | -$1.74M |
|
637
Avis
CAR
$4.89B
| $30.5M | 0.02% |
555,494
-1,588
| -0.3% | -$99.3K |
|
638
Steel Dynamics
STLD
$37.5B
| $30.4M | 0.02% |
1,345,601
+137,017
| +11% | +$3M |
|
639
Reinsurance Group of America
RGA
$15.5B
| $30.3M | 0.02% |
378,712
+31,079
| +9% | +$2.53M |
|
640
National Fuel Gas
NFG
$7.66B
| $30.3M | 0.02% |
432,313
+637
| +0.1% | +$46.7K |
|
641
Avery Dennison
AVY
$13.2B
| $30.2M | 0.02% |
676,893
-14,609
| -2% | -$711K |
|
|
TWTC
642
DELISTED
TW TELECOM INC CL A COM
TWTC
| $30.1M | 0.02% |
723,825
+4,202
| +0.6% | +$171K |
|
|
SIVB
643
DELISTED
SVB Financial Group
SIVB
| $30M | 0.02% |
268,073
+2,265
| +0.9% | +$251K |
|
644
IDEX
IEX
$17.2B
| $29.8M | 0.02% |
412,061
+866
| +0.2% | +$66.8K |
|
|
TE
645
DELISTED
TECO ENERGY INC
TE
| $29.8M | 0.02% |
1,715,364
+170,678
| +11% | +$3.02M |
|
|
CBI
646
DELISTED
Chicago Bridge & Iron Nv
CBI
| $29.8M | 0.02% |
514,785
-9,793
| -2% | -$617K |
|
|
ROC
647
DELISTED
ROCKWOOD HLDGS INC
ROC
| $29.7M | 0.02% |
388,950
+10,346
| +3% | +$828K |
|
648
Crown Holdings
CCK
$13.2B
| $29.7M | 0.02% |
666,302
+11,385
| +2% | +$548K |
|
649
Arrow Electronics
ARW
$11.4B
| $29.6M | 0.02% |
534,448
+2,173
| +0.4% | +$131K |
|
650
Howard Hughes
HHH
$4.06B
| $29.6M | 0.02% |
206,824
+37,070
| +22% | +$5.43M |
|
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.