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 | |
|---|---|---|---|---|---|---|
176
Intuit
INTU
$89.7B
| $181M | 0.12% |
2,063,818
-23,382
| -1% | -$1.94M |
|
177
Air Products & Chemicals
APD
$65.7B
| $180M | 0.12% |
1,498,260
-166,797
| -10% | -$20.4M |
|
178
Cigna
CI
$71.5B
| $180M | 0.12% |
1,987,182
+5,976
| +0.3% | +$558K |
|
179
Kinder Morgan
KMI
$69.3B
| $180M | 0.12% |
4,693,896
-114,220
| -2% | -$4.34M |
|
|
HES
180
DELISTED
Hess
HES
| $179M | 0.12% |
1,899,094
-55,457
| -3% | -$5.48M |
|
181
Corning
GLW
$135B
| $179M | 0.12% |
9,247,899
-183,401
| -2% | -$3.82M |
|
182
Marathon Petroleum
MPC
$83.6B
| $178M | 0.12% |
4,220,376
+25,648
| +0.6% | +$1.09M |
|
183
Sempra
SRE
$55.3B
| $178M | 0.12% |
3,384,758
+17,672
| +0.5% | +$911K |
|
|
NBL
184
DELISTED
Noble Energy, Inc.
NBL
| $175M | 0.11% |
2,568,453
-2,042
| -0.1% | -$145K |
|
185
Southwest Airlines
LUV
$23.9B
| $175M | 0.11% |
5,189,965
-87,791
| -2% | -$2.68M |
|
186
Western Digital
WDC
$179B
| $173M | 0.11% |
2,355,751
+189,570
| +9% | +$14.2M |
|
187
Welltower
WELL
$171B
| $171M | 0.11% |
2,738,581
+150,613
| +6% | +$9.71M |
|
188
Stryker
SYK
$129B
| $170M | 0.11% |
2,112,329
-6,712
| -0.3% | -$552K |
|
|
BRCM
189
DELISTED
BROADCOM CORP CL-A
BRCM
| $169M | 0.11% |
4,188,682
+7,872
| +0.2% | +$306K |
|
|
MHFI
190
DELISTED
MCGRAW-HILL FINANCIAL INC COM
MHFI
| $169M | 0.11% |
2,000,231
-18,331
| -0.9% | -$1.51M |
|
191
Lumen
LUMN
$6.27B
| $168M | 0.11% |
4,106,484
-140,161
| -3% | -$5.51M |
|
192
Ameriprise Financial
AMP
$49.6B
| $167M | 0.11% |
1,356,964
-28,241
| -2% | -$3.47M |
|
|
SNDK
193
DELISTED
SANDISK CORP
SNDK
| $166M | 0.11% |
1,697,546
-33,231
| -2% | -$3.25M |
|
194
VF Corp
VFC
$5.98B
| $164M | 0.11% |
2,640,370
+7,224
| +0.3% | +$432K |
|
195
Prologis
PLD
$131B
| $162M | 0.1% |
4,297,986
+15,114
| +0.4% | +$612K |
|
196
Broadcom
AVGO
$1.99T
| $160M | 0.1% |
18,396,970
-1,147,660
| -6% | -$8.96M |
|
197
Intercontinental Exchange
ICE
$84.1B
| $160M | 0.1% |
4,094,395
-88,780
| -2% | -$3.4M |
|
|
PPL
198
PPL Corp
PPL
$26.5B
| $159M | 0.1% |
5,220,873
+242,363
| +5% | +$7.58M |
|
199
AvalonBay Communities
AVB
$27.1B
| $159M | 0.1% |
1,130,087
+84,907
| +8% | +$12.6M |
|
200
T. Rowe Price
TROW
$24.5B
| $159M | 0.1% |
2,025,985
+6,439
| +0.3% | +$517K |
|
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.