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 | |
|---|---|---|---|---|---|---|
|
SPR
726
DELISTED
Spirit AeroSystems
SPR
| $24.3M | 0.02% |
638,862
+94,529
| +17% | +$3.46M |
|
727
Atmos Energy
ATO
$29.1B
| $24.3M | 0.02% |
509,507
+2,074
| +0.4% | +$103K |
|
|
DNKN
728
DELISTED
Dunkin' Brands Group, Inc.
DNKN
| $24.2M | 0.02% |
539,812
+3,990
| +0.7% | +$178K |
|
|
MFA
729
MFA Financial
MFA
$915M
| $24.1M | 0.02% |
774,746
+36,854
| +5% | +$1.21M |
|
730
RLJ Lodging Trust
RLJ
$1.81B
| $24.1M | 0.02% |
845,050
-9,216
| -1% | -$269K |
|
731
Broadridge
BR
$18.8B
| $24M | 0.02% |
576,137
-7,660
| -1% | -$318K |
|
|
STRZA
732
DELISTED
Starz - Series A
STRZA
| $24M | 0.02% |
724,893
-63,822
| -8% | -$1.91M |
|
733
Visteon
VC
$2.75B
| $23.9M | 0.02% |
245,704
-1,119
| -0.5% | -$112K |
|
734
Nordson
NDSN
$17.2B
| $23.8M | 0.02% |
312,749
+2,263
| +0.7% | +$177K |
|
735
Albemarle
ALB
$14.8B
| $23.8M | 0.02% |
403,959
+1,122
| +0.3% | +$72.9K |
|
|
SUNE
736
DELISTED
SUNEDISON, INC COM
SUNE
| $23.8M | 0.02% |
1,259,307
+7,739
| +0.6% | +$166K |
|
737
Equity Lifestyle Properties
ELS
$12.5B
| $23.6M | 0.02% |
1,115,848
+22,828
| +2% | +$506K |
|
738
3D Systems Corp
DDD
$588M
| $23.6M | 0.02% |
508,499
+1,749
| +0.3% | +$91.2K |
|
739
NVR
NVR
$16.8B
| $23.5M | 0.02% |
20,829
+140
| +0.7% | +$160K |
|
|
BEE
740
DELISTED
STRATEGIC HOTELS & RESORTS, INC
BEE
| $23.5M | 0.02% |
2,020,128
-8,890
| -0.4% | -$105K |
|
|
GPOR
741
DELISTED
Gulfport Energy Corp.
GPOR
| $23.5M | 0.02% |
439,966
+3,483
| +0.8% | +$200K |
|
|
WRI
742
DELISTED
Weingarten Realty Investors
WRI
| $23.2M | 0.02% |
737,250
+12,184
| +2% | +$405K |
|
743
Royal Gold
RGLD
$18.5B
| $23.2M | 0.02% |
356,709
+2,982
| +0.8% | +$223K |
|
744
CoreCivic
CXW
$3.19B
| $23.1M | 0.02% |
673,006
-10,613
| -2% | -$365K |
|
745
WEX
WEX
$6.46B
| $23M | 0.01% |
208,042
+935
| +0.5% | +$103K |
|
746
Teleflex
TFX
$6.15B
| $22.9M | 0.01% |
218,301
+122
| +0.1% | +$13.1K |
|
747
Graco
GGG
$13.5B
| $22.9M | 0.01% |
939,414
-38,409
| -4% | -$972K |
|
|
INVX
748
Innovex International
INVX
$2.15B
| $22.8M | 0.01% |
254,992
-8,198
| -3% | -$817K |
|
|
RFMD
749
DELISTED
RF MICRO DEVICES INC
RFMD
| $22.8M | 0.01% |
1,972,168
-31,529
| -2% | -$355K |
|
|
WR
750
DELISTED
Westar Energy Inc
WR
| $22.6M | 0.01% |
662,995
+4,099
| +0.6% | +$148K |
|
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.