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 | |
|---|---|---|---|---|---|---|
|
RDUS
1951
DELISTED
Radius Recycling
RDUS
| $3.6M | ﹤0.01% |
149,710
+13,858
| +10% | +$368K |
|
1952
Regis Corp
RGS
$70.2M
| $3.6M | ﹤0.01% |
11,273
+69
| +0.6% | +$20.7K |
|
1953
LivePerson
LPSN
$32.3M
| $3.6M | ﹤0.01% |
19,040
+272
| +1% | +$48.3K |
|
|
AIQ
1954
DELISTED
Alliance Healthcare Services
AIQ
| $3.59M | ﹤0.01% |
158,974
+60
| +0% | +$1.66K |
|
1955
Central Pacific Financial
CPF
$1B
| $3.59M | ﹤0.01% |
200,284
+4,185
| +2% | +$76.7K |
|
1956
ICF International
ICFI
$1.72B
| $3.59M | ﹤0.01% |
116,654
+541
| +0.5% | +$18.6K |
|
|
RATE
1957
DELISTED
Bankrate Inc
RATE
| $3.59M | ﹤0.01% |
315,692
+1,828
| +0.6% | +$27.7K |
|
|
RENT
1958
DELISTED
RENTRAK CORP
RENT
| $3.58M | ﹤0.01% |
58,674
+863
| +1% | +$45.1K |
|
1959
Harmonic Inc
HLIT
$1.28B
| $3.57M | ﹤0.01% |
563,337
+5,437
| +1% | +$35.2K |
|
|
ORIT
1960
DELISTED
Oritani Financial Corp. New
ORIT
| $3.57M | ﹤0.01% |
253,427
+2,216
| +0.9% | +$32.9K |
|
|
FFIC
1961
DELISTED
Flushing Financial
FFIC
| $3.56M | ﹤0.01% |
195,104
-2,192
| -1% | -$42.1K |
|
|
MANT
1962
DELISTED
Mantech International Corp
MANT
| $3.56M | ﹤0.01% |
132,075
+885
| +0.7% | +$25.4K |
|
1963
Rexford Industrial Realty
REXR
$8.19B
| $3.56M | ﹤0.01% |
257,070
+163,076
| +173% | +$2.31M |
|
1964
American Coastal Insurance
ACIC
$493M
| $3.53M | ﹤0.01% |
235,358
+97,891
| +71% | +$1.54M |
|
1965
Southside Bancshares
SBSI
$967M
| $3.53M | ﹤0.01% |
119,901
+9,982
| +9% | +$273K |
|
|
BRKL
1966
DELISTED
Brookline Bancorp
BRKL
| $3.52M | ﹤0.01% |
412,085
+6,485
| +2% | +$58.7K |
|
|
DENN
1967
DELISTED
Denny's
DENN
| $3.51M | ﹤0.01% |
499,240
+3,294
| +0.7% | +$22.3K |
|
1968
BlackRock Municipal 2030 Target Term Trust
BTT
$1.44B
| $3.5M | ﹤0.01% |
+176,162
| New | +$3.47M |
|
1969
Comfort Systems
FIX
$59.6B
| $3.5M | ﹤0.01% |
258,207
-4,472
| -2% | -$67.4K |
|
1970
Terreno Realty
TRNO
$7.49B
| $3.49M | ﹤0.01% |
185,548
+14,806
| +9% | +$287K |
|
1971
Orthofix Medical
OFIX
$419M
| $3.49M | ﹤0.01% |
112,690
+6,189
| +6% | +$205K |
|
|
KEG
1972
DELISTED
KEY ENERGY SERVICES INC
KEG
| $3.48M | ﹤0.01% |
718,137
+14,292
| +2% | +$69.2K |
|
1973
Lakeland Financial Corp
LKFN
$1.53B
| $3.46M | ﹤0.01% |
138,603
-801
| -0.6% | -$20.3K |
|
1974
Ameris Bancorp
ABCB
$5.89B
| $3.46M | ﹤0.01% |
157,759
-3,932
| -2% | -$87.2K |
|
|
AVTA
1975
DELISTED
Avantax, Inc. Common Stock
AVTA
| $3.46M | ﹤0.01% |
227,208
+3,784
| +2% | +$62.6K |
|
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.