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 | |
|---|---|---|---|---|---|---|
|
TQNT
851
DELISTED
TRIQUINT SEMICONDUCTOR INC
TQNT
| $18.7M | 0.01% |
982,113
+54,498
| +6% | +$1.01M |
|
|
PAY
852
DELISTED
Verifone Systems Inc
PAY
| $18.7M | 0.01% |
543,879
+1,473
| +0.3% | +$51.8K |
|
|
RAX
853
DELISTED
Rackspace Hosting Inc
RAX
| $18.7M | 0.01% |
574,052
-17,302
| -3% | -$574K |
|
|
AOL
854
DELISTED
AOL INC COMMON STOCK
AOL
| $18.7M | 0.01% |
415,229
+5,811
| +1% | +$242K |
|
855
Steris
STE
$23.1B
| $18.7M | 0.01% |
345,763
+17,622
| +5% | +$958K |
|
|
TIBX
856
DELISTED
TIBCO SOFTWARE INC
TIBX
| $18.7M | 0.01% |
789,465
+6,511
| +0.8% | +$133K |
|
857
Encompass Health
EHC
$12.5B
| $18.6M | 0.01% |
635,084
-22,141
| -3% | -$675K |
|
858
Outfront Media
OUT
$5.5B
| $18.6M | 0.01% |
829,412
+694,177
| +513% | +$17M |
|
|
FCE.A
859
DELISTED
Forest City Realty Trust, Inc.
FCE.A
| $18.6M | 0.01% |
948,709
+21,873
| +2% | +$437K |
|
|
PPS
860
DELISTED
Post Properties
PPS
| $18.5M | 0.01% |
361,192
+5,435
| +2% | +$294K |
|
|
WCC
861
WESCO International
WCC
$17.8B
| $18.5M | 0.01% |
236,826
+717
| +0.3% | +$59.3K |
|
862
Lamar Advertising Co
LAMR
$16.2B
| $18.5M | 0.01% |
375,912
+36,661
| +11% | +$1.89M |
|
863
Prosperity Bancshares
PB
$8.9B
| $18.5M | 0.01% |
323,410
+1,568
| +0.5% | +$93.9K |
|
|
SLCA
864
DELISTED
U.S. SILICA HOLDINGS, INC.
SLCA
| $18.5M | 0.01% |
295,673
+10,279
| +4% | +$640K |
|
|
ATHL
865
DELISTED
ATHLON ENERGY INC COM
ATHL
| $18.5M | 0.01% |
317,356
-7,402
| -2% | -$343K |
|
866
CDW
CDW
$17.1B
| $18.4M | 0.01% |
593,669
+104,560
| +21% | +$3.31M |
|
867
LPL Financial
LPLA
$28.4B
| $18.4M | 0.01% |
400,144
+8,518
| +2% | +$410K |
|
|
UPL
868
DELISTED
Ultra Petroleum Corp. Common Stock
UPL
| $18.4M | 0.01% |
791,523
-16,957
| -2% | -$425K |
|
|
VVC
869
DELISTED
Vectren Corporation
VVC
| $18.4M | 0.01% |
461,374
+13,267
| +3% | +$532K |
|
|
DYN
870
DELISTED
Dynegy, Inc.
DYN
| $18.4M | 0.01% |
636,221
-27,753
| -4% | -$824K |
|
871
AMC Global Media
AMCX
$488M
| $18.4M | 0.01% |
314,120
+67
| +0% | +$4.13K |
|
872
Old Republic International
ORI
$10.4B
| $18.3M | 0.01% |
1,282,340
+4,364
| +0.3% | +$66.7K |
|
|
ARRS
873
DELISTED
ARRIS International plc Ordinary Shares
ARRS
| $18.2M | 0.01% |
642,946
+33,081
| +5% | +$1.03M |
|
874
Terex
TEX
$7.72B
| $18.2M | 0.01% |
573,481
+9,329
| +2% | +$341K |
|
875
Owens Corning
OC
$12.4B
| $18.2M | 0.01% |
571,974
+2,083
| +0.4% | +$73.5K |
|
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.