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 | |
|---|---|---|---|---|---|---|
651
Avnet
AVT
$7.94B
| $29.4M | 0.02% |
708,841
+6,880
| +1% | +$300K |
|
652
ATI
ATI
$30.5B
| $29.4M | 0.02% |
793,440
-6,489
| -0.8% | -$273K |
|
653
Allison Transmission
ALSN
$9.6B
| $29.3M | 0.02% |
1,028,922
+81,409
| +9% | +$2.47M |
|
654
Puma Biotechnology
PBYI
$413M
| $29.3M | 0.02% |
122,635
+5,370
| +5% | +$1.1M |
|
655
NCR Voyix
VYX
$1.16B
| $29.3M | 0.02% |
1,427,230
+5,218
| +0.4% | +$106K |
|
656
Williams-Sonoma
WSM
$29.1B
| $29.2M | 0.02% |
878,524
+3,226
| +0.4% | +$112K |
|
|
SBNY
657
DELISTED
Signature Bank
SBNY
| $29.2M | 0.02% |
260,773
+3,232
| +1% | +$380K |
|
658
Jabil
JBL
$36.1B
| $29.2M | 0.02% |
1,447,674
+65,404
| +5% | +$1.37M |
|
|
CLR
659
DELISTED
CONTINENTAL RESOURCES INC.
CLR
| $29.1M | 0.02% |
438,053
-671
| -0.2% | -$50K |
|
|
SAVE
660
DELISTED
Spirit Airlines, Inc.
SAVE
| $29M | 0.02% |
419,752
-7,021
| -2% | -$481K |
|
661
SM Energy
SM
$6.88B
| $29M | 0.02% |
371,171
-51,064
| -12% | -$4.17M |
|
662
Reliance Steel & Aluminium
RS
$21.3B
| $28.9M | 0.02% |
423,108
+15,689
| +4% | +$1.12M |
|
663
Jones Lang LaSalle
JLL
$16.7B
| $28.9M | 0.02% |
228,883
+1,250
| +0.5% | +$163K |
|
664
Gentex
GNTX
$4.96B
| $28.6M | 0.02% |
2,135,422
+155,242
| +8% | +$2.26M |
|
665
MSCI
MSCI
$41.2B
| $28.6M | 0.02% |
607,730
-4,483
| -0.7% | -$207K |
|
|
TCO
666
DELISTED
Taubman Centers Inc.
TCO
| $28.6M | 0.02% |
391,218
+7,513
| +2% | +$565K |
|
667
Jack Henry & Associates
JKHY
$11.2B
| $28.5M | 0.02% |
512,414
-3,545
| -0.7% | -$206K |
|
668
Brookdale Senior Living
BKD
$3.43B
| $28.5M | 0.02% |
885,088
+279,265
| +46% | +$9.52M |
|
|
PL
669
DELISTED
PROTECTIVE LIFE CORP
PL
| $28.5M | 0.02% |
410,248
-10,056
| -2% | -$698K |
|
670
AutoNation
AN
$6.99B
| $28.4M | 0.02% |
565,399
+109,133
| +24% | +$5.98M |
|
671
Old Dominion Freight Line
ODFL
$43.8B
| $28.2M | 0.02% |
1,197,849
+16,533
| +1% | +$364K |
|
|
ITC
672
DELISTED
ITC HOLDINGS CORP
ITC
| $28.2M | 0.02% |
791,420
+2,942
| +0.4% | +$107K |
|
673
Patterson-UTI
PTEN
$3.83B
| $28.1M | 0.02% |
864,223
+64,251
| +8% | +$2.18M |
|
|
SVC
674
Service Properties Trust
SVC
$1.09B
| $28.1M | 0.02% |
210,588
+6,299
| +3% | +$912K |
|
|
WBC
675
DELISTED
WABCO HOLDINGS INC.
WBC
| $28M | 0.02% |
308,065
-10,852
| -3% | -$1.1M |
|
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.