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 | |
|---|---|---|---|---|---|---|
|
SIRO
751
DELISTED
SIRONA DENTAL SYSTEMS INC COM STK
SIRO
| $22.6M | 0.01% |
294,991
+2,769
| +0.9% | +$222K |
|
752
PTC
PTC
$16B
| $22.6M | 0.01% |
612,922
-28,398
| -4% | -$1.09M |
|
753
American Financial Group
AFG
$12.1B
| $22.6M | 0.01% |
390,343
+8,736
| +2% | +$511K |
|
754
NewMarket
NEU
$8.2B
| $22.6M | 0.01% |
59,231
-18
| -0% | -$7.14K |
|
|
CVD
755
DELISTED
COVANCE INC.
CVD
| $22.6M | 0.01% |
286,766
+7,048
| +3% | +$599K |
|
756
Diamondback Energy
FANG
$52.6B
| $22.5M | 0.01% |
300,492
+98,886
| +49% | +$8.01M |
|
757
Essential Utilities
WTRG
$11.4B
| $22.5M | 0.01% |
954,371
+51,517
| +6% | +$1.26M |
|
758
Douglas Emmett
DEI
$1.96B
| $22.4M | 0.01% |
874,133
+21,465
| +3% | +$604K |
|
|
NUAN
759
DELISTED
Nuance Communications, Inc.
NUAN
| $22.4M | 0.01% |
1,676,448
+17,184
| +1% | +$255K |
|
|
EV
760
DELISTED
Eaton Vance Corp.
EV
| $22.2M | 0.01% |
588,902
+15,603
| +3% | +$586K |
|
|
ESL
761
DELISTED
Esterline Technologies
ESL
| $22.2M | 0.01% |
199,547
-1,878
| -0.9% | -$214K |
|
|
HME
762
DELISTED
HOME PROPERTIES, INC
HME
| $22.2M | 0.01% |
380,847
+6,612
| +2% | +$418K |
|
763
Madison Square Garden
MSGS
$9.49B
| $22.2M | 0.01% |
470,008
+3,512
| +0.8% | +$158K |
|
|
THS
764
DELISTED
Treehouse Foods
THS
| $22.2M | 0.01% |
275,237
+19,628
| +8% | +$1.55M |
|
|
BRSL
765
Brightstar Lottery PLC
BRSL
$2.04B
| $22.1M | 0.01% |
1,308,690
+8,070
| +0.6% | +$134K |
|
|
ULTI
766
DELISTED
Ultimate Software Group Inc
ULTI
| $22.1M | 0.01% |
155,915
+1,245
| +0.8% | +$174K |
|
|
RAD
767
DELISTED
Rite Aid Corporation
RAD
| $22M | 0.01% |
227,208
-19,926
| -8% | -$2.57M |
|
768
Highwoods Properties
HIW
$3.51B
| $22M | 0.01% |
565,311
+9,789
| +2% | +$408K |
|
769
Align Technology
ALGN
$12.1B
| $22M | 0.01% |
425,314
+7,886
| +2% | +$429K |
|
|
PACW
770
DELISTED
PacWest Bancorp
PACW
| $21.9M | 0.01% |
531,169
+23,616
| +5% | +$990K |
|
771
Service Corp International
SCI
$11.7B
| $21.9M | 0.01% |
1,034,636
+2,594
| +0.3% | +$55.3K |
|
772
Omega Healthcare
OHI
$14.7B
| $21.9M | 0.01% |
639,261
+6,404
| +1% | +$236K |
|
|
IM
773
DELISTED
Ingram Micro
IM
| $21.8M | 0.01% |
846,521
+23,253
| +3% | +$660K |
|
774
RenaissanceRe
RNR
$13.4B
| $21.7M | 0.01% |
216,746
-6,706
| -3% | -$688K |
|
|
PNRA
775
DELISTED
Panera Bread Co
PNRA
| $21.6M | 0.01% |
132,980
+932
| +0.7% | +$141K |
|
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.