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 | |
|---|---|---|---|---|---|---|
|
URS
801
DELISTED
URS CORP
URS
| $20.6M | 0.01% |
357,676
-1,428
| -0.4% | -$82.9K |
|
802
Pacira BioSciences
PCRX
$1B
| $20.6M | 0.01% |
212,363
+2,564
| +1% | +$249K |
|
803
Assured Guaranty
AGO
$3.48B
| $20.6M | 0.01% |
928,176
+79,621
| +9% | +$1.85M |
|
804
Curtiss-Wright
CW
$25.8B
| $20.5M | 0.01% |
311,565
+2,823
| +0.9% | +$190K |
|
805
AGCO
AGCO
$7.3B
| $20.5M | 0.01% |
450,708
-38,551
| -8% | -$1.91M |
|
|
CIE
806
DELISTED
Cobalt International Energy, Inc
CIE
| $20.4M | 0.01% |
100,177
+426
| +0.4% | +$98.8K |
|
807
Sonoco
SON
$5.67B
| $20.4M | 0.01% |
518,681
+667
| +0.1% | +$27.2K |
|
808
Moog Inc Class A
MOG.A
$12.8B
| $20.3M | 0.01% |
297,107
+5,735
| +2% | +$398K |
|
|
KOG
809
DELISTED
KODIAK OIL & GAS CORP
KOG
| $20.3M | 0.01% |
1,493,382
+89,008
| +6% | +$1.34M |
|
810
Sunstone Hotel Investors
SHO
$2.08B
| $20.3M | 0.01% |
1,466,070
+126,455
| +9% | +$1.83M |
|
|
NRF
811
DELISTED
NorthStar Realty Finance Corp.
NRF
| $20.3M | 0.01% |
573,254
-371,189
| -39% | -$13M |
|
812
Carter's
CRI
$1.47B
| $20.2M | 0.01% |
261,025
+899
| +0.3% | +$69.5K |
|
813
Brown & Brown
BRO
$24B
| $20.2M | 0.01% |
1,256,294
+4,350
| +0.3% | +$68.9K |
|
814
Sally Beauty Holdings
SBH
$1.54B
| $20.2M | 0.01% |
736,724
+26,934
| +4% | +$714K |
|
815
CNO Financial Group
CNO
$5.09B
| $20.1M | 0.01% |
1,187,576
+6,139
| +0.5% | +$106K |
|
816
Chord Energy
CHRD
$7.49B
| $20.1M | 0.01% |
479,989
+904
| +0.2% | +$45K |
|
|
VRNT
817
DELISTED
Verint Systems
VRNT
| $20.1M | 0.01% |
708,258
-89,346
| -11% | -$2.29M |
|
818
SS&C Technologies
SSNC
$18.7B
| $19.9M | 0.01% |
907,848
-5,610
| -0.6% | -$124K |
|
819
MSC Industrial Direct
MSM
$6.91B
| $19.8M | 0.01% |
231,586
+863
| +0.4% | +$76.9K |
|
820
Targa Resources
TRGP
$56.3B
| $19.8M | 0.01% |
145,080
+614
| +0.4% | +$84.3K |
|
821
Commerce Bancshares
CBSH
$8.52B
| $19.7M | 0.01% |
793,436
+18,371
| +2% | +$469K |
|
|
LSI
822
DELISTED
Life Storage, Inc.
LSI
| $19.7M | 0.01% |
397,656
+2,935
| +0.7% | +$151K |
|
|
GNC
823
DELISTED
GNC Holdings, Inc.
GNC
| $19.6M | 0.01% |
506,544
+3,559
| +0.7% | +$129K |
|
|
CBL
824
DELISTED
CBL& Associates Properties, Inc.
CBL
| $19.6M | 0.01% |
1,095,864
+17,564
| +2% | +$332K |
|
825
Yelp
YELP
$1.44B
| $19.6M | 0.01% |
287,284
+2,480
| +0.9% | +$185K |
|
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.