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 | |
|---|---|---|---|---|---|---|---|
201
Sysco
SYY
$40.4B
| $158M | 0.1% |
4,156,524
-36,254
| -0.9% | -$1.35M |
2013 Q2
5 quarters
|
|
202
DELISTED
CHUBB CORPORATION
CB
| $157M | 0.1% |
1,729,188
-78,966
| -4% | -$7.19M |
2013 Q2
5 quarters
|
|
203
Cummins
CMI
$73.3B
| $157M | 0.1% |
1,189,429
-14,785
| -1% | -$2.13M |
2013 Q2
5 quarters
|
|
204
Healthpeak Properties
DOC
$13.1B
| $157M | 0.1% |
4,336,042
+8,849
| +0.2% | +$336K |
2013 Q2
5 quarters
|
|
205
Franklin Templeton
BEN
$15.9B
| $156M | 0.1% |
2,863,443
-18,155
| -0.6% | -$1.02M |
2013 Q2
5 quarters
|
|
|
LO
206
DELISTED
LORILLARD INC COM STK
LO
| $156M | 0.1% |
2,602,719
-1,317
| -0.1% | -$79.8K |
2013 Q2
5 quarters
|
|
207
Ventas
VTR
$43.5B
| $154M | 0.1% |
2,184,803
-610
| -0% | -$44.5K |
2013 Q2
5 quarters
|
|
208
Macy's
M
$6.33B
| $153M | 0.1% |
2,635,572
-51,165
| -2% | -$3.03M |
2013 Q2
5 quarters
|
|
209
PG&E
PCG
$38.9B
| $152M | 0.1% |
3,387,279
+11,187
| +0.3% | +$514K |
2013 Q2
5 quarters
|
|
210
TE Connectivity
TEL
$61.7B
| $152M | 0.1% |
2,751,955
-31,970
| -1% | -$1.99M |
2013 Q2
5 quarters
|
|
211
Boston Properties
BXP
$9.53B
| $152M | 0.1% |
1,312,153
+4,738
| +0.4% | +$567K |
2013 Q2
5 quarters
|
|
212
Becton Dickinson
BDX
$52.8B
| $151M | 0.1% |
1,365,642
-25,118
| -2% | -$2.86M |
2013 Q2
5 quarters
|
|
213
Humana
HUM
$51.9B
| $150M | 0.1% |
1,150,726
-12,038
| -1% | -$1.53M |
2013 Q2
5 quarters
|
|
214
Chipotle Mexican Grill
CMG
$38.7B
| $149M | 0.1% |
11,214,550
+87,250
| +0.8% | +$1.14M |
2013 Q2
5 quarters
|
|
215
Vornado Realty Trust
VNO
$6.2B
| $149M | 0.1% |
2,040,280
+8,239
| +0.4% | +$635K |
2013 Q2
5 quarters
|
|
216
International Paper
IP
$18.1B
| $148M | 0.1% |
3,287,848
-113,525
| -3% | -$5.23M |
2013 Q2
5 quarters
|
|
217
Waste Management
WM
$89.6B
| $148M | 0.1% |
3,125,866
-28,433
| -0.9% | -$1.3M |
2013 Q2
5 quarters
|
|
218
DELISTED
SunTrust Banks, Inc.
STI
| $148M | 0.1% |
3,904,774
-59,201
| -1% | -$2.29M |
2013 Q2
5 quarters
|
|
219
Public Service Enterprise Group
PEG
$35B
| $147M | 0.1% |
3,963,381
+49,968
| +1% | +$1.85M |
2013 Q2
5 quarters
|
|
220
PACCAR
PCAR
$58.3B
| $147M | 0.1% |
3,877,290
-22,770
| -0.6% | -$949K |
2013 Q2
5 quarters
|
|
221
Perrigo
PRGO
$2.29B
| $146M | 0.09% |
972,221
-8,666
| -0.9% | -$1.29M |
2013 Q2
5 quarters
|
|
222
Host Hotels & Resorts
HST
$16.3B
| $144M | 0.09% |
6,770,423
+40,696
| +0.6% | +$906K |
2013 Q2
5 quarters
|
|
|
TYC
223
DELISTED
TYCO INTL PLC COM SHS (IRL)
TYC
| $141M | 0.09% |
3,022,769
-125,379
| -4% | -$5.84M |
2013 Q2
5 quarters
|
|
|
MJN
224
DELISTED
Mead Johnson Nutrition Company
MJN
| $139M | 0.09% |
1,450,516
-13,979
| -1% | -$1.32M |
2013 Q2
5 quarters
|
|
225
Agilent Technologies
A
$49.5B
| $139M | 0.09% |
3,403,537
-16,070
| -0.5% | -$656K |
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.