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 |
TFCFA
Twenty-First Century Fox, Inc. Class A
TFCFA
|
+$450M |
| 2 |
Meta Platforms (Facebook)
META
|
+$168M |
| 3 |
Alphabet (Google) Class C
GOOG
|
+$119M |
| 4 |
Microsoft
MSFT
|
+$69.8M |
| 5 |
ExxonMobil
XOM
|
+$65.8M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
NWSA
NEWS CORPORATION CL-A
NWSA
|
+$437M |
| 2 |
FON
SPRINT CORP FON COM
FON
|
+$140M |
| 3 |
BMC
BMC SOFTWARE, INC
BMC
|
+$42.1M |
| 4 |
Walt Disney
DIS
|
+$35.8M |
| 5 |
Oracle
ORCL
|
+$21.6M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 14.89% |
| 2 | Technology | 13.68% |
| 3 | Healthcare | 12.81% |
| 4 | Industrials | 10.88% |
| 5 | Energy | 9.39% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
101
Phillips 66
PSX
$83.6B
| $246M | 0.2% |
4,259,159
+62,172
| +1% | +$3.6M |
|
102
Freeport-McMoran
FCX
$84.6B
| $246M | 0.2% |
7,434,702
+281,551
| +4% | +$8.6M |
|
103
Lockheed Martin
LMT
$133B
| $245M | 0.2% |
1,919,829
+95,815
| +5% | +$11.6M |
|
104
APA Corp
APA
$12.8B
| $244M | 0.2% |
2,872,288
+179,868
| +7% | +$14.9M |
|
105
Automatic Data Processing
ADP
$112B
| $244M | 0.2% |
3,842,012
+111,588
| +3% | +$7.09M |
|
106
FedEx
FDX
$73.3B
| $244M | 0.2% |
2,135,237
+108,196
| +5% | +$11.7M |
|
|
PX
107
DELISTED
Praxair Inc
PX
| $242M | 0.19% |
2,014,340
+54,061
| +3% | +$6.42M |
|
108
General Motors
GM
$81.2B
| $240M | 0.19% |
6,665,842
+1,382,392
| +26% | +$49.6M |
|
109
NOV
NOV
$6.88B
| $237M | 0.19% |
3,371,089
+118,366
| +4% | +$7.92M |
|
110
Blackrock
BLK
$170B
| $234M | 0.19% |
864,984
+33,681
| +4% | +$9.15M |
|
111
NextEra Energy
NEE
$186B
| $234M | 0.19% |
11,678,088
+422,656
| +4% | +$8.72M |
|
112
LyondellBasell Industries
LYB
$19.7B
| $229M | 0.18% |
3,126,141
+568,028
| +22% | +$39.6M |
|
113
Thermo Fisher Scientific
TMO
$213B
| $228M | 0.18% |
2,477,326
+101,896
| +4% | +$9.21M |
|
|
PCP
114
DELISTED
PRECISION CASTPARTS CORP
PCP
| $226M | 0.18% |
994,941
+26,189
| +3% | +$5.91M |
|
115
Eaton
ETN
$140B
| $224M | 0.18% |
3,260,662
+131,801
| +4% | +$8.85M |
|
|
YHOO
116
DELISTED
Yahoo Inc
YHOO
| $221M | 0.18% |
6,669,933
+147,035
| +2% | +$4.16M |
|
117
Travelers Companies
TRV
$82.3B
| $220M | 0.18% |
2,598,506
+68,494
| +3% | +$5.66M |
|
|
KRFT
118
DELISTED
KRAFT FOODS GROUP INC COM STK (VA)
KRFT
| $220M | 0.18% |
4,194,338
+139,226
| +3% | +$7.63M |
|
119
Chubb
CB
$141B
| $219M | 0.18% |
2,345,021
+97,073
| +4% | +$8.87M |
|
|
TWC
120
DELISTED
TIME WARNER CABLE INC NEW COM STK
TWC
| $219M | 0.18% |
1,965,238
+10,662
| +0.5% | +$1.2M |
|
121
Yum! Brands
YUM
$42B
| $218M | 0.17% |
4,247,469
+107,444
| +3% | +$5.57M |
|
122
Illinois Tool Works
ITW
$83.8B
| $215M | 0.17% |
2,819,847
+81,946
| +3% | +$5.99M |
|
123
Deere & Co
DE
$166B
| $215M | 0.17% |
2,640,861
+44,283
| +2% | +$3.69M |
|
|
DTV
124
DELISTED
DIRECTV COM STK (DE)
DTV
| $214M | 0.17% |
3,587,924
-245,477
| -6% | -$15.1M |
|
|
PARA
125
DELISTED
Paramount Global Class B
PARA
| $213M | 0.17% |
3,865,671
+73,944
| +2% | +$3.93M |
|
Similar funds
Geode Capital Management's Q3 2013 Portfolio in Review
As of Q3 2013, Geode Capital Management held 3,719 positions worth $125B, up 9.7% from $114B the previous quarter. Its ten largest holdings account for 15% of the portfolio.
Geode Capital Management deployed $4.67B of net new capital in Q3 2013, opening 118 new positions and adding to 2,992 existing holdings. Its largest new stake was Twenty-First Century Fox, Inc. Class A: 14,298,606 shares worth $479M.
By sector, the portfolio is most concentrated in Financials at 15% of assets, down from 15% a quarter earlier, followed by Technology and Healthcare.
On the sell side, the largest reduction was Walt Disney, an estimated $35.8M trimmed.
- Geode Capital Management's largest Q3 2013 buy was Twenty-First Century Fox, Inc. Class A: 14,298,606 shares worth $479M.
- Geode Capital Management added most to Meta Platforms (Facebook) in Q3 2013, an estimated $168M increase.
- Geode Capital Management's biggest Q3 2013 reduction was Walt Disney, cutting an estimated $35.8M.
- Geode Capital Management fully exited NEWS CORPORATION CL-A in Q3 2013, selling an estimated $437M.
- Geode Capital Management's ten largest holdings make up 15% of its $125B portfolio in Q3 2013.
- Geode Capital Management opened 118 new positions and closed 68 in Q3 2013.
- Geode Capital Management's portfolio value rose 9.7% quarter-over-quarter to $125B.
Based on Geode Capital Management's 13F filing for Q3 2013, filed 14 Nov 2013.