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 Corporation Series C Common Stock
FWONK
|
+$52.1M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Warner Bros
WBD
|
+$81.1M |
| 2 |
Oracle
ORCL
|
+$61.5M |
| 3 |
Liberty Media Corporation Series A Common Stock
FWONA
|
+$48.3M |
| 4 |
IBM
IBM
|
+$40.2M |
| 5 |
HSH
HILLSHIRE BRANDS CO
HSH
|
+$39.2M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 14.95% |
| 2 | Technology | 14.78% |
| 3 | Healthcare | 14.11% |
| 4 | Industrials | 10.67% |
| 5 | Energy | 9.28% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
151
Public Storage
PSA
$55.2B
| $208M | 0.13% |
1,255,738
+56,272
| +5% | +$9.67M |
2013 Q2
5 quarters
|
|
152
Northrop Grumman
NOC
$71B
| $208M | 0.13% |
1,577,942
-61,928
| -4% | -$7.82M |
2013 Q2
5 quarters
|
|
153
Allstate
ALL
$60.6B
| $199M | 0.13% |
3,253,499
-35,318
| -1% | -$2.12M |
2013 Q2
5 quarters
|
|
154
Marsh
MRSH
$89B
| $199M | 0.13% |
3,812,788
-69,570
| -2% | -$3.63M |
2013 Q2
5 quarters
|
|
155
Devon Energy
DVN
$54.2B
| $199M | 0.13% |
2,923,346
+25,035
| +0.9% | +$1.86M |
2013 Q2
5 quarters
|
|
156
Netflix
NFLX
$302B
| $197M | 0.13% |
30,547,720
-117,810
| -0.4% | -$764K |
2013 Q2
5 quarters
|
|
157
Vertex Pharmaceuticals
VRTX
$129B
| $196M | 0.13% |
1,745,225
+4,930
| +0.3% | +$469K |
2013 Q2
5 quarters
|
|
158
Aflac
AFL
$59.2B
| $195M | 0.13% |
6,706,330
-18,974
| -0.3% | -$577K |
2013 Q2
5 quarters
|
|
159
DELISTED
Pioneer Natural Resource Co.
PXD
| $195M | 0.13% |
990,145
-13,374
| -1% | -$2.83M |
2013 Q2
5 quarters
|
|
160
Cognizant
CTSH
$29.6B
| $195M | 0.13% |
4,353,542
-26,898
| -0.6% | -$1.27M |
2013 Q2
5 quarters
|
|
161
Regeneron Pharmaceuticals
REGN
$82B
| $194M | 0.13% |
537,999
-41,519
| -7% | -$13.9M |
2013 Q2
5 quarters
|
|
162
Truist Financial
TFC
$56.9B
| $193M | 0.13% |
5,201,785
-53,976
| -1% | -$2.04M |
2013 Q2
5 quarters
|
|
163
Applied Materials
AMAT
$341B
| $193M | 0.13% |
8,956,295
-42,477
| -0.5% | -$940K |
2013 Q2
5 quarters
|
|
164
Vivmark Residential
VMRK
$47.3B
| $189M | 0.12% |
3,080,514
+219,279
| +8% | +$14.2M |
2013 Q2
5 quarters
|
|
165
Crown Castle
CCI
$34B
| $189M | 0.12% |
2,354,016
-23,614
| -1% | -$1.82M |
2013 Q2
5 quarters
|
|
166
DELISTED
Spectra Energy Corp Wi
SE
| $189M | 0.12% |
4,819,002
-55,063
| -1% | -$2.27M |
2013 Q2
5 quarters
|
|
167
Cardinal Health
CAH
$58.7B
| $189M | 0.12% |
2,523,828
-55,530
| -2% | -$4.04M |
2013 Q2
5 quarters
|
|
168
PPG Industries
PPG
$24B
| $188M | 0.12% |
1,912,442
-29,280
| -2% | -$2.98M |
2013 Q2
5 quarters
|
|
169
CME Group
CME
$104B
| $187M | 0.12% |
2,338,670
-16,018
| -0.7% | -$1.21M |
2013 Q2
5 quarters
|
|
170
Valero Energy
VLO
$128B
| $186M | 0.12% |
4,018,827
+13,238
| +0.3% | +$668K |
2013 Q2
5 quarters
|
|
171
American Electric Power
AEP
$67.7B
| $184M | 0.12% |
3,528,187
-9,358
| -0.3% | -$495K |
2013 Q2
5 quarters
|
|
172
DELISTED
Marathon Oil Corporation
MRO
| $182M | 0.12% |
4,856,127
-66,766
| -1% | -$2.65M |
2013 Q2
5 quarters
|
|
173
Aon
AON
$60.8B
| $182M | 0.12% |
2,076,581
-53,571
| -3% | -$4.68M |
2013 Q2
5 quarters
|
|
174
DELISTED
Paramount Global Class B
PARA
| $181M | 0.12% |
3,390,573
-358,264
| -10% | -$21.1M |
2013 Q2
5 quarters
|
|
175
Kroger
KR
$37B
| $181M | 0.12% |
6,961,064
-316,696
| -4% | -$8M |
2013 Q2
5 quarters
|
|
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 Corporation Series C Common Stock: 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.