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 | |
|---|---|---|---|---|---|---|
1401
CACI
CACI
$14.2B
| $8.3M | 0.01% |
116,436
+391
| +0.3% | +$27.6K |
|
1402
MGE Energy Inc
MGEE
$3.08B
| $8.3M | 0.01% |
222,677
+5,537
| +3% | +$216K |
|
1403
Neogen
NEOG
$2.5B
| $8.29M | 0.01% |
559,685
+5,234
| +0.9% | +$82.6K |
|
1404
TFS Financial
TFSL
$4.93B
| $8.29M | 0.01% |
578,833
+8,131
| +1% | +$114K |
|
1405
ArcBest
ARCB
$3.08B
| $8.27M | 0.01% |
221,849
+78,203
| +54% | +$2.96M |
|
1406
Empire State Realty Trust
ESRT
$836M
| $8.24M | 0.01% |
548,769
+51,964
| +10% | +$842K |
|
1407
Cleveland-Cliffs
CLF
$6.99B
| $8.19M | 0.01% |
789,184
+6,974
| +0.9% | +$107K |
|
|
CTLT
1408
DELISTED
CATALENT, INC.
CTLT
| $8.18M | 0.01% |
+326,653
| New | +$7.22M |
|
1409
Innoviva
INVA
$1.48B
| $8.16M | 0.01% |
477,473
+20,771
| +5% | +$477K |
|
1410
Molina Healthcare
MOH
$10.3B
| $8.15M | 0.01% |
192,789
+716
| +0.4% | +$31.7K |
|
1411
RLI Corp
RLI
$5.89B
| $8.15M | 0.01% |
376,630
+1,680
| +0.4% | +$37.5K |
|
1412
Veeco
VECO
$3.23B
| $8.12M | 0.01% |
232,425
+2,336
| +1% | +$82.2K |
|
|
NTUS
1413
DELISTED
Natus Medical Inc
NTUS
| $8.12M | 0.01% |
275,243
+12,794
| +5% | +$353K |
|
1414
SouthState Bank Corp
SSB
$10.5B
| $8.12M | 0.01% |
145,172
+4,065
| +3% | +$240K |
|
|
INVN
1415
DELISTED
Invensense Inc
INVN
| $8.11M | 0.01% |
411,266
+123,326
| +43% | +$2.91M |
|
1416
Evertec
EVTC
$1.78B
| $8.08M | 0.01% |
361,902
+1,691
| +0.5% | +$38.7K |
|
|
PMCS
1417
DELISTED
P M C SIERRA INC
PMCS
| $8.07M | 0.01% |
1,081,817
+10,591
| +1% | +$77.5K |
|
1418
B&G Foods
BGS
$286M
| $8.05M | 0.01% |
292,161
+1,200
| +0.4% | +$35.4K |
|
|
VGR
1419
DELISTED
Vector Group Ltd.
VGR
| $8.03M | 0.01% |
651,861
-13,662
| -2% | -$160K |
|
|
CMD
1420
DELISTED
Cantel Medical Corporation
CMD
| $8.03M | 0.01% |
233,495
-479
| -0.2% | -$16.9K |
|
1421
Huron Consulting
HURN
$2.42B
| $8.02M | 0.01% |
131,622
-1,463
| -1% | -$93.5K |
|
1422
Clearway Energy Class C
CWEN
$6.7B
| $8.02M | 0.01% |
340,978
+79,114
| +30% | +$2.06M |
|
|
RFP
1423
DELISTED
Resolute Forest Products Inc.
RFP
| $8.01M | 0.01% |
511,844
+1,855
| +0.4% | +$31.3K |
|
|
NSR
1424
DELISTED
Neustar Inc
NSR
| $7.99M | 0.01% |
321,695
-18,022
| -5% | -$497K |
|
1425
Dorman Products
DORM
$4.18B
| $7.97M | 0.01% |
198,989
-13,182
| -6% | -$588K |
|
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.