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 |
WBD
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 | |
|---|---|---|---|---|---|---|---|
1
Apple
AAPL
$4.91T
| $4.53B | 2.94% |
180,236,788
-1,463,540
| -0.8% | -$35.9M |
2013 Q2
5 quarters
|
|
2
ExxonMobil
XOM
$695B
| $3.05B | 1.97% |
32,418,050
-316,599
| -1% | -$31.5M |
2013 Q2
5 quarters
|
|
|
3
Microsoft
MSFT
$3.97T
| $2.91B | 1.88% |
62,739,111
+4,996,681
| +9% | +$223M |
2013 Q2
5 quarters
|
|
4
Alphabet (Google) Class C
GOOG
$4.25T
| $2.49B | 1.61% |
85,732,414
+150,171
| +0.2% | +$4.34M |
2013 Q2
5 quarters
|
|
5
Johnson & Johnson
JNJ
$630B
| $2.27B | 1.47% |
21,365,407
-83,088
| -0.4% | -$8.62M |
2013 Q2
5 quarters
|
|
6
GE Aerospace
GE
$320B
| $1.96B | 1.27% |
15,942,834
+50,976
| +0.3% | +$6.35M |
2013 Q2
5 quarters
|
|
7
Berkshire Hathaway Class B
BRK.B
$1.1T
| $1.9B | 1.23% |
13,782,595
+102,035
| +0.7% | +$13.6M |
2013 Q2
5 quarters
|
|
8
Wells Fargo
WFC
$253B
| $1.88B | 1.22% |
36,237,071
-317,197
| -0.9% | -$16.3M |
2013 Q2
5 quarters
|
|
9
JPMorgan Chase
JPM
$885B
| $1.72B | 1.12% |
28,629,297
-99,012
| -0.3% | -$5.79M |
2013 Q2
5 quarters
|
|
10
Chevron
CVX
$416B
| $1.72B | 1.11% |
14,404,498
-75,041
| -0.5% | -$9.58M |
2013 Q2
5 quarters
|
|
11
Procter & Gamble
PG
$351B
| $1.71B | 1.11% |
20,477,914
-121,186
| -0.6% | -$9.93M |
2013 Q2
5 quarters
|
|
12
Verizon
VZ
$173B
| $1.52B | 0.98% |
30,366,016
-144,227
| -0.5% | -$7.17M |
2013 Q2
5 quarters
|
|
13
Pfizer
PFE
$161B
| $1.43B | 0.93% |
51,081,753
-296,729
| -0.6% | -$8.33M |
2013 Q2
5 quarters
|
|
14
AT&T
T
$152B
| $1.39B | 0.9% |
52,371,690
-29,447
| -0.1% | -$783K |
2013 Q2
5 quarters
|
|
15
Bank of America
BAC
$380B
| $1.36B | 0.88% |
80,056,846
-150,845
| -0.2% | -$2.4M |
2013 Q2
5 quarters
|
|
16
Intel
INTC
$553B
| $1.35B | 0.87% |
38,738,257
-82,642
| -0.2% | -$2.8M |
2013 Q2
5 quarters
|
|
17
Merck
MRK
$359B
| $1.29B | 0.84% |
22,846,261
-315,392
| -1% | -$17.7M |
2013 Q2
5 quarters
|
|
|
18
IBM
IBM
$214B
| $1.28B | 0.83% |
7,063,470
-220,575
| -3% | -$40.2M |
2013 Q2
5 quarters
|
|
19
Coca-Cola
KO
$379B
| $1.22B | 0.79% |
28,693,652
+931,333
| +3% | +$38.5M |
2013 Q2
5 quarters
|
|
20
Gilead Sciences
GILD
$187B
| $1.21B | 0.79% |
11,401,661
-201,929
| -2% | -$19.8M |
2013 Q2
5 quarters
|
|
21
Citigroup
C
$217B
| $1.19B | 0.77% |
23,018,164
-44,683
| -0.2% | -$2.25M |
2013 Q2
5 quarters
|
|
|
22
Meta Platforms (Facebook)
META
$1.83T
| $1.16B | 0.75% |
14,711,832
+1,619,968
| +12% | +$119M |
2013 Q2
5 quarters
|
|
23
Comcast
CMCSA
$73.3B
| $1.05B | 0.68% |
39,022,666
-236,192
| -0.6% | -$6.47M |
2013 Q2
5 quarters
|
|
24
Walt Disney
DIS
$187B
| $1.03B | 0.67% |
11,627,612
-352,394
| -3% | -$31.1M |
2013 Q2
5 quarters
|
|
25
PepsiCo
PEP
$172B
| $1.02B | 0.66% |
11,001,182
-120,574
| -1% | -$11M |
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.