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 | |
|---|---|---|---|---|---|---|
126
Automatic Data Processing
ADP
$107B
| $250M | 0.16% |
3,918,112
-42,041
| -1% | -$3.04M |
|
127
Elevance Health
ELV
$84.8B
| $249M | 0.16% |
2,083,784
-48,463
| -2% | -$5.56M |
|
|
RTN
128
DELISTED
Raytheon Company
RTN
| $247M | 0.16% |
2,437,912
-10,664
| -0.4% | -$1.02M |
|
|
SCHW
129
Charles Schwab
SCHW
$188B
| $241M | 0.16% |
8,224,276
-214,893
| -3% | -$6.08M |
|
|
KRFT
130
DELISTED
KRAFT FOODS GROUP INC COM STK (VA)
KRFT
| $240M | 0.16% |
4,257,244
-26,233
| -0.6% | -$1.52M |
|
|
PCP
131
DELISTED
PRECISION CASTPARTS CORP
PCP
| $236M | 0.15% |
998,905
-17,108
| -2% | -$4.15M |
|
132
Travelers Companies
TRV
$79.8B
| $236M | 0.15% |
2,515,689
-76,616
| -3% | -$7.14M |
|
133
Adobe
ADBE
$103B
| $235M | 0.15% |
3,405,857
+54,676
| +2% | +$3.88M |
|
|
ALXN
134
DELISTED
Alexion Pharmaceuticals
ALXN
| $235M | 0.15% |
1,416,663
-44,478
| -3% | -$7.3M |
|
135
Salesforce
CRM
$158B
| $231M | 0.15% |
4,023,399
+57,830
| +1% | +$3.26M |
|
136
CSX Corp
CSX
$94.7B
| $230M | 0.15% |
21,527,094
-337,908
| -2% | -$3.48M |
|
137
State Street
STT
$51.4B
| $224M | 0.15% |
3,053,372
-77,619
| -2% | -$5.53M |
|
138
Delta Air Lines
DAL
$61.3B
| $223M | 0.14% |
6,187,935
-135,068
| -2% | -$5.16M |
|
|
DFS
139
DELISTED
Discover Financial Services
DFS
| $223M | 0.14% |
3,464,252
-26,091
| -0.7% | -$1.64M |
|
140
Exelon
EXC
$47.1B
| $221M | 0.14% |
9,086,289
-10,170
| -0.1% | -$238K |
|
141
Yum! Brands
YUM
$41.6B
| $219M | 0.14% |
4,241,457
-69,376
| -2% | -$3.69M |
|
142
Eaton
ETN
$174B
| $216M | 0.14% |
3,415,321
-45,829
| -1% | -$3.25M |
|
|
VIAB
143
DELISTED
Viacom Inc. Class B
VIAB
| $215M | 0.14% |
2,802,268
-103,529
| -4% | -$8.52M |
|
144
Ecolab
ECL
$80.3B
| $215M | 0.14% |
1,873,024
-25,505
| -1% | -$2.87M |
|
145
General Mills
GIS
$19.2B
| $215M | 0.14% |
4,260,380
-87,855
| -2% | -$4.61M |
|
|
AET
146
DELISTED
Aetna Inc
AET
| $214M | 0.14% |
2,648,592
-17,419
| -0.7% | -$1.42M |
|
|
BHI
147
DELISTED
Baker Hughes
BHI
| $212M | 0.14% |
3,262,786
-14,532
| -0.4% | -$1.01M |
|
148
Deere & Co
DE
$165B
| $211M | 0.14% |
2,576,541
-63,406
| -2% | -$5.42M |
|
149
Illinois Tool Works
ITW
$85.5B
| $210M | 0.14% |
2,486,379
-177,956
| -7% | -$15.4M |
|
150
Johnson Controls International
JCI
$93.1B
| $209M | 0.14% |
4,539,229
-23,744
| -0.5% | -$1.2M |
|
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.