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 |
Meta Platforms (Facebook)
META
|
+$272M |
| 2 |
ExxonMobil
XOM
|
+$152M |
| 3 |
Apple
AAPL
|
+$112M |
| 4 |
Johnson & Johnson
JNJ
|
+$107M |
| 5 |
GE Aerospace
GE
|
+$101M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
DELL
DELL INC
DELL
|
+$142M |
| 2 |
NYX
NYSE EURONEXT INC
NYX
|
+$72.4M |
| 3 |
ONXX
ONYX PHARMACEUTICALS INC
ONXX
|
+$42.4M |
| 4 |
MOLX
MOLEX INC
MOLX
|
+$37.2M |
| 5 |
Trane Technologies
TT
|
+$25.5M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 15.27% |
| 2 | Technology | 13.72% |
| 3 | Healthcare | 12.85% |
| 4 | Industrials | 11.23% |
| 5 | Energy | 9.33% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
126
Travelers Companies
TRV
$81.9B
| $242M | 0.17% |
2,668,424
+69,918
| +3% | +$6.11M |
|
127
Yum! Brands
YUM
$42B
| $237M | 0.16% |
4,369,059
+121,590
| +3% | +$6.26M |
|
|
AGN
128
DELISTED
Allergan Inc
AGN
| $235M | 0.16% |
2,112,772
+61,683
| +3% | +$5.89M |
|
129
State Street
STT
$49.1B
| $234M | 0.16% |
3,184,775
+118,859
| +4% | +$8.33M |
|
|
KRFT
130
DELISTED
KRAFT FOODS GROUP INC COM STK (VA)
KRFT
| $232M | 0.16% |
4,305,437
+111,099
| +3% | +$5.93M |
|
|
COV
131
DELISTED
COVIDIEN PLC COM SHS NEW (IRELAND)
COV
| $227M | 0.16% |
3,339,234
+170,175
| +5% | +$11.1M |
|
132
Aflac
AFL
$65.5B
| $225M | 0.16% |
6,744,614
+352,634
| +6% | +$11.6M |
|
|
RTN
133
DELISTED
Raytheon Company
RTN
| $225M | 0.16% |
2,479,855
+152,673
| +7% | +$12.7M |
|
134
General Mills
GIS
$20.2B
| $224M | 0.16% |
4,490,368
+67,517
| +2% | +$3.36M |
|
135
American Tower
AMT
$80.7B
| $221M | 0.15% |
2,773,421
+73,809
| +3% | +$5.73M |
|
136
Cognizant
CTSH
$26.8B
| $220M | 0.15% |
4,363,572
+133,564
| +3% | +$6.08M |
|
|
SCHW
137
Charles Schwab
SCHW
$184B
| $217M | 0.15% |
8,342,208
+422,380
| +5% | +$10.1M |
|
138
Salesforce
CRM
$154B
| $216M | 0.15% |
3,912,323
+154,822
| +4% | +$8.28M |
|
139
Norfolk Southern
NSC
$75.4B
| $215M | 0.15% |
2,318,759
+104,343
| +5% | +$8.95M |
|
140
Archer Daniels Midland
ADM
$39B
| $214M | 0.15% |
4,932,210
+315,642
| +7% | +$12.8M |
|
|
AGN
141
DELISTED
Allergan plc
AGN
| $209M | 0.14% |
1,242,631
+39,405
| +3% | +$6.16M |
|
142
CSX Corp
CSX
$93.6B
| $208M | 0.14% |
21,739,800
+807,249
| +4% | +$7.23M |
|
143
Marathon Petroleum
MPC
$90.3B
| $208M | 0.14% |
4,528,208
+52,748
| +1% | +$2.03M |
|
144
Elevance Health
ELV
$81.6B
| $205M | 0.14% |
2,221,849
+121,931
| +6% | +$10.8M |
|
145
Adobe
ADBE
$105B
| $205M | 0.14% |
3,426,235
+136,387
| +4% | +$7.54M |
|
146
Valero Energy
VLO
$90.1B
| $203M | 0.14% |
4,032,369
+201,696
| +5% | +$8.5M |
|
|
DFS
147
DELISTED
Discover Financial Services
DFS
| $199M | 0.14% |
3,550,879
+136,899
| +4% | +$7.18M |
|
148
Ecolab
ECL
$78.9B
| $198M | 0.14% |
1,903,556
+53,235
| +3% | +$5.53M |
|
149
Intercontinental Exchange
ICE
$87.3B
| $193M | 0.13% |
4,297,010
+1,788,420
| +71% | +$73.6M |
|
150
Northrop Grumman
NOC
$77.1B
| $193M | 0.13% |
1,686,384
+57,881
| +4% | +$6.2M |
|
Similar funds
Geode Capital Management's Q4 2013 Portfolio in Review
As of Q4 2013, Geode Capital Management held 3,826 positions worth $144B, up 16% from $125B the previous quarter. Its ten largest holdings account for 16% of the portfolio.
Geode Capital Management deployed $6.87B of net new capital in Q4 2013, opening 169 new positions and adding to 3,008 existing holdings. Its largest new stake was Allegion: 648,283 shares worth $28.6M.
By sector, the portfolio is most concentrated in Financials at 15% of assets, up from 15% a quarter earlier, followed by Technology and Healthcare.
On the sell side, the largest reduction was Trane Technologies, an estimated $25.5M trimmed.
- Geode Capital Management's largest Q4 2013 buy was Allegion: 648,283 shares worth $28.6M.
- Geode Capital Management added most to Meta Platforms (Facebook) in Q4 2013, an estimated $272M increase.
- Geode Capital Management's biggest Q4 2013 reduction was Trane Technologies, cutting an estimated $25.5M.
- Geode Capital Management fully exited DELL INC in Q4 2013, selling an estimated $142M.
- Geode Capital Management's ten largest holdings make up 16% of its $144B portfolio in Q4 2013.
- Geode Capital Management opened 169 new positions and closed 66 in Q4 2013.
- Geode Capital Management's portfolio value rose 16% quarter-over-quarter to $144B.
Based on Geode Capital Management's 13F filing for Q4 2013, filed 14 Feb 2014.