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 | |
|---|---|---|---|---|---|---|
1101
Watsco Inc
WSO
$13.6B
| $12.3M | 0.01% |
143,185
+539
| +0.4% | +$49.8K |
|
1102
MBIA
MBI
$260M
| $12.3M | 0.01% |
1,339,956
+264,952
| +25% | +$2.6M |
|
1103
Acadia Healthcare
ACHC
$2.94B
| $12.3M | 0.01% |
252,930
+12,536
| +5% | +$613K |
|
|
CRZO
1104
DELISTED
Carrizo Oil & Gas Inc
CRZO
| $12.3M | 0.01% |
227,781
+2,513
| +1% | +$153K |
|
1105
Wendy's
WEN
$1.46B
| $12.2M | 0.01% |
1,480,537
+15,294
| +1% | +$125K |
|
|
CNVR
1106
DELISTED
CONVERSANT INC COM STK (DE)
CNVR
| $12.2M | 0.01% |
356,703
+10,200
| +3% | +$278K |
|
|
TECD
1107
DELISTED
Tech Data Corp
TECD
| $12.2M | 0.01% |
207,097
+1,724
| +0.8% | +$111K |
|
1108
Armstrong World Industries
AWI
$7.84B
| $12.1M | 0.01% |
216,435
+672
| +0.3% | +$37.5K |
|
1109
Ally Financial
ALLY
$13.3B
| $12.1M | 0.01% |
523,917
+18,090
| +4% | +$432K |
|
1110
Bio-Rad Laboratories Class A
BIO
$9.42B
| $12.1M | 0.01% |
106,800
+369
| +0.3% | +$43.7K |
|
1111
Cal-Maine
CALM
$3.99B
| $12.1M | 0.01% |
270,478
+34,350
| +15% | +$1.36M |
|
|
POLY
1112
DELISTED
Plantronics, Inc.
POLY
| $12.1M | 0.01% |
252,679
+952
| +0.4% | +$45.5K |
|
|
HSNI
1113
DELISTED
HSN, Inc.
HSNI
| $12.1M | 0.01% |
196,706
+1,757
| +0.9% | +$103K |
|
1114
Evercore
EVR
$11.8B
| $12.1M | 0.01% |
256,637
+995
| +0.4% | +$51.5K |
|
1115
Bank OZK
OZK
$5.61B
| $12M | 0.01% |
382,161
+5,872
| +2% | +$189K |
|
|
CHMT
1116
DELISTED
Chemtura Corporation
CHMT
| $12M | 0.01% |
516,144
+667
| +0.1% | +$16.5K |
|
1117
Helix Energy Solutions
HLX
$1.41B
| $12M | 0.01% |
544,387
-23,622
| -4% | -$603K |
|
1118
Cheesecake Factory
CAKE
$5.33B
| $12M | 0.01% |
263,674
+2,990
| +1% | +$134K |
|
|
UFS
1119
DELISTED
DOMTAR CORPORATION (New)
UFS
| $12M | 0.01% |
341,228
+6,847
| +2% | +$261K |
|
|
CHS
1120
DELISTED
Chicos FAS, Inc.
CHS
| $12M | 0.01% |
811,306
+2,508
| +0.3% | +$39.6K |
|
1121
UMB Financial
UMBF
$11.1B
| $12M | 0.01% |
219,239
+1,919
| +0.9% | +$111K |
|
1122
EastGroup Properties
EGP
$10.9B
| $11.9M | 0.01% |
197,010
+3,755
| +2% | +$239K |
|
1123
Ryman Hospitality Properties
RHP
$7.63B
| $11.9M | 0.01% |
252,044
+686
| +0.3% | +$33.3K |
|
1124
WaFd
WAFD
$2.75B
| $11.9M | 0.01% |
584,350
+5,483
| +0.9% | +$117K |
|
1125
United Bankshares
UBSI
$6.62B
| $11.9M | 0.01% |
384,554
+3,497
| +0.9% | +$113K |
|
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.