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 | |
|---|---|---|---|---|---|---|
701
Middleby
MIDD
$6.03B
| $25.9M | 0.02% |
294,216
+2,071
| +0.7% | +$172K |
|
|
WDR
702
DELISTED
Waddell & Reed Financial, Inc.
WDR
| $25.9M | 0.02% |
501,456
+11,123
| +2% | +$619K |
|
703
Wolfspeed
WOLF
$1.43B
| $25.9M | 0.02% |
632,710
+6,096
| +1% | +$282K |
|
704
East-West Bancorp
EWBC
$18.1B
| $25.9M | 0.02% |
761,447
+6,165
| +0.8% | +$214K |
|
705
Toll Brothers
TOL
$14.1B
| $25.9M | 0.02% |
831,136
+2,426
| +0.3% | +$83.1K |
|
706
Alnylam Pharmaceuticals
ALNY
$28.9B
| $25.8M | 0.02% |
329,825
+5,617
| +2% | +$362K |
|
707
Eagle Materials
EXP
$6.48B
| $25.7M | 0.02% |
252,797
+1,425
| +0.6% | +$138K |
|
|
708
Liberty Media Series A
FWONA
$22.9B
| $25.7M | 0.02% |
1,071,624
-1,965,402
| -65% | -$48.3M |
|
|
ATHN
709
DELISTED
Athenahealth, Inc.
ATHN
| $25.7M | 0.02% |
195,284
+2,551
| +1% | +$336K |
|
|
CBST
710
DELISTED
CUBIST PHARMACEUTICALS INC
CBST
| $25.7M | 0.02% |
386,974
+3,132
| +0.8% | +$206K |
|
711
Cadence Design Systems
CDNS
$93.2B
| $25.6M | 0.02% |
1,488,092
+11,480
| +0.8% | +$199K |
|
712
Westlake Corp
WLK
$9.9B
| $25.6M | 0.02% |
295,366
-109
| -0% | -$9.86K |
|
713
CoStar Group
CSGP
$12B
| $25.5M | 0.02% |
1,639,440
+29,740
| +2% | +$443K |
|
|
HNT
714
DELISTED
HEALTH NET INC
HNT
| $25.4M | 0.02% |
551,348
+128,013
| +30% | +$5.68M |
|
715
AXIS Capital
AXS
$7.62B
| $25.4M | 0.02% |
536,895
+10,056
| +2% | +$465K |
|
|
WPX
716
DELISTED
WPX Energy, Inc.
WPX
| $25.4M | 0.02% |
1,054,518
-14,156
| -1% | -$335K |
|
717
ON Semiconductor
ON
$18.6B
| $25.3M | 0.02% |
2,824,777
+485,958
| +21% | +$4.49M |
|
718
Acuity Brands
AYI
$10.7B
| $25.2M | 0.02% |
214,445
-22,223
| -9% | -$2.62M |
|
|
ACC
719
DELISTED
American Campus Communities, Inc.
ACC
| $25.2M | 0.02% |
690,472
+11,017
| +2% | +$427K |
|
|
GWR
720
DELISTED
Genesee & Wyoming Inc.
GWR
| $25M | 0.02% |
262,201
+836
| +0.3% | +$83K |
|
721
Factset
FDS
$9.77B
| $24.9M | 0.02% |
205,122
+425
| +0.2% | +$52.5K |
|
|
BMR
722
DELISTED
BIOMED REALTY TRUST INC
BMR
| $24.7M | 0.02% |
1,222,597
+28,009
| +2% | +$609K |
|
723
Global Payments
GPN
$23.2B
| $24.6M | 0.02% |
704,902
+88
| +0% | +$3.15K |
|
|
LHO
724
DELISTED
LaSalle Hotel Properties
LHO
| $24.6M | 0.02% |
719,225
+19,624
| +3% | +$702K |
|
725
Dick's Sporting Goods
DKS
$17.8B
| $24.4M | 0.02% |
557,134
+43,360
| +8% | +$1.93M |
|
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.