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 Corporation Series C Common Stock
FWONK
|
+$52.1M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Warner Bros
WBD
|
+$81.1M |
| 2 |
Oracle
ORCL
|
+$61.5M |
| 3 |
Liberty Media Corporation Series A Common Stock
FWONA
|
+$48.3M |
| 4 |
IBM
IBM
|
+$40.2M |
| 5 |
HSH
HILLSHIRE BRANDS CO
HSH
|
+$39.2M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 14.95% |
| 2 | Technology | 14.78% |
| 3 | Healthcare | 14.11% |
| 4 | Industrials | 10.67% |
| 5 | Energy | 9.28% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
76
Starbucks
SBUX
$105B
| $422M | 0.27% |
11,205,860
-56,428
| -0.5% | -$2.18M |
2013 Q2
5 quarters
|
|
77
Colgate-Palmolive
CL
$71B
| $413M | 0.27% |
6,339,221
-46,724
| -0.7% | -$3.08M |
2013 Q2
5 quarters
|
|
78
Costco
COST
$423B
| $410M | 0.27% |
3,275,915
-11,339
| -0.3% | -$1.37M |
2013 Q2
5 quarters
|
|
79
Morgan Stanley
MS
$299B
| $407M | 0.26% |
11,778,908
+1,164,310
| +11% | +$38.8M |
2013 Q2
5 quarters
|
|
80
Halliburton
HAL
$27.2B
| $401M | 0.26% |
6,223,966
-6,926
| -0.1% | -$475K |
2013 Q2
5 quarters
|
|
81
DELISTED
Anadarko Petroleum
APC
| $384M | 0.25% |
3,789,071
-11,472
| -0.3% | -$1.24M |
2013 Q2
5 quarters
|
|
82
Duke Energy
DUK
$91.6B
| $384M | 0.25% |
5,136,164
-74,070
| -1% | -$5.4M |
2013 Q2
5 quarters
|
|
83
DELISTED
Walgreens Boots Alliance
WBA
| $383M | 0.25% |
6,468,156
-16,589
| -0.3% | -$1.09M |
2013 Q2
5 quarters
|
|
84
EOG Resources
EOG
$79B
| $383M | 0.25% |
3,870,563
-16,993
| -0.4% | -$1.85M |
2013 Q2
5 quarters
|
|
85
Texas Instruments
TXN
$257B
| $381M | 0.25% |
8,006,190
-71,571
| -0.9% | -$3.43M |
2013 Q2
5 quarters
|
|
86
Lowe's Companies
LOW
$105B
| $381M | 0.25% |
7,204,080
-58,684
| -0.8% | -$2.97M |
2013 Q2
5 quarters
|
|
|
ESRX
87
DELISTED
Express Scripts Holding Company
ESRX
| $379M | 0.25% |
5,379,117
-227,123
| -4% | -$16.2M |
2013 Q2
5 quarters
|
|
88
Accenture
ACN
$131B
| $372M | 0.24% |
4,575,636
-43,782
| -0.9% | -$3.51M |
2013 Q2
5 quarters
|
|
|
AGN
89
DELISTED
Allergan Inc
AGN
| $369M | 0.24% |
2,072,597
-23,719
| -1% | -$3.94M |
2013 Q2
5 quarters
|
|
90
Lockheed Martin
LMT
$119B
| $361M | 0.23% |
1,976,822
+643
| +0% | +$109K |
2013 Q2
5 quarters
|
|
91
Capital One
COF
$124B
| $355M | 0.23% |
4,354,825
-55,763
| -1% | -$4.56M |
2013 Q2
5 quarters
|
|
92
Thermo Fisher Scientific
TMO
$243B
| $343M | 0.22% |
2,823,186
-24,048
| -0.8% | -$2.92M |
2013 Q2
5 quarters
|
|
93
Danaher
DHR
$155B
| $332M | 0.22% |
6,509,121
+38,803
| +0.6% | +$2M |
2013 Q2
5 quarters
|
|
94
PNC Financial Services
PNC
$88.1B
| $331M | 0.21% |
3,873,441
-47,029
| -1% | -$4M |
2013 Q2
5 quarters
|
|
95
LyondellBasell Industries
LYB
$19.3B
| $331M | 0.21% |
3,047,851
+20,699
| +0.7% | +$2.24M |
2013 Q2
5 quarters
|
|
96
Bank of New York Mellon
BNY
$97.5B
| $329M | 0.21% |
8,492,957
-99,889
| -1% | -$3.88M |
2013 Q2
5 quarters
|
|
97
FedEx
FDX
$68.7B
| $328M | 0.21% |
2,036,824
-28,990
| -1% | -$4.4M |
2013 Q2
5 quarters
|
|
98
General Motors
GM
$72.3B
| $327M | 0.21% |
10,247,073
+201,915
| +2% | +$7.04M |
2013 Q2
5 quarters
|
|
99
Phillips 66
PSX
$113B
| $324M | 0.21% |
3,984,468
-119,172
| -3% | -$9.92M |
2013 Q2
5 quarters
|
|
100
Emerson Electric
EMR
$91.2B
| $320M | 0.21% |
5,120,535
-61,387
| -1% | -$3.99M |
2013 Q2
5 quarters
|
|
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 Corporation Series C Common Stock: 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.