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 |
Verizon
VZ
|
+$457M |
| 2 |
Liberty Global Class C
LBTYK
|
+$104M |
| 3 |
General Motors
GM
|
+$54.4M |
| 4 |
Alphabet (Google) Class C
GOOG
|
+$41.1M |
| 5 |
Meta Platforms (Facebook)
META
|
+$40.7M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Liberty Global Class A
LBTYA
|
+$98.9M |
| 2 |
LIFE
LIFE TECHNOLOGIES CORP COM STK (DE)
LIFE
|
+$94.7M |
| 3 |
IBM
IBM
|
+$47.8M |
| 4 |
COLE
COLE REAL ESTATE INVESTMENTS, INC COM
COLE
|
+$25.5M |
| 5 |
Dover
DOV
|
+$22.1M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 15.15% |
| 2 | Technology | 13.79% |
| 3 | Healthcare | 13.36% |
| 4 | Industrials | 10.95% |
| 5 | Energy | 9.14% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
JWN
401
DELISTED
Nordstrom
JWN
| $64.7M | 0.04% |
1,036,475
+21,726
| +2% | +$1.31M |
|
|
SWY
402
DELISTED
SAFEWAY INC
SWY
| $64.6M | 0.04% |
1,955,325
-56,619
| -3% | -$1.76M |
|
403
Vulcan Materials
VMC
$36.9B
| $63.8M | 0.04% |
960,441
+12,779
| +1% | +$816K |
|
|
XL
404
DELISTED
XL Group Ltd.
XL
| $63.7M | 0.04% |
2,038,990
-23,282
| -1% | -$695K |
|
405
Huntington Bancshares
HBAN
$35.5B
| $63.5M | 0.04% |
6,366,540
-77,660
| -1% | -$738K |
|
|
VAR
406
DELISTED
Varian Medical Systems, Inc.
VAR
| $63.3M | 0.04% |
860,437
+557
| +0.1% | +$40.1K |
|
407
Jacobs Solutions
J
$17B
| $63.3M | 0.04% |
1,205,232
+3,561
| +0.3% | +$183K |
|
408
News Corp Class A
NWSA
$15.4B
| $62.5M | 0.04% |
3,632,008
+15,073
| +0.4% | +$261K |
|
409
Mohawk Industries
MHK
$9.22B
| $62.2M | 0.04% |
457,415
+12,274
| +3% | +$1.76M |
|
|
CXO
410
DELISTED
CONCHO RESOURCES INC.
CXO
| $62.1M | 0.04% |
507,129
+24,234
| +5% | +$2.67M |
|
411
L3Harris
LHX
$53.4B
| $62.1M | 0.04% |
849,196
-7,754
| -0.9% | -$554K |
|
412
Quest Diagnostics
DGX
$26.3B
| $62.1M | 0.04% |
1,071,839
-46,748
| -4% | -$2.51M |
|
413
International Flavors & Fragrances
IFF
$21.9B
| $61.4M | 0.04% |
642,124
+26,916
| +4% | +$2.42M |
|
414
Newell Brands
NWL
$2.56B
| $60.8M | 0.04% |
2,035,170
-34,291
| -2% | -$1.06M |
|
415
Equifax
EFX
$21.4B
| $60.8M | 0.04% |
893,629
+4,632
| +0.5% | +$324K |
|
416
Labcorp
LH
$25.9B
| $60.3M | 0.04% |
714,575
-30,475
| -4% | -$2.43M |
|
417
SL Green Realty
SLG
$3.99B
| $60.1M | 0.04% |
616,751
+31,728
| +5% | +$2.95M |
|
|
WFT
418
DELISTED
Weatherford International plc
WFT
| $60M | 0.04% |
3,457,739
+171,754
| +5% | +$2.63M |
|
419
Bunge Global
BG
$20.8B
| $59.9M | 0.04% |
753,960
+43,628
| +6% | +$3.43M |
|
|
SNI
420
DELISTED
Scripps Networks Interactive, Inc Common Class A
SNI
| $59.6M | 0.04% |
785,953
-16,653
| -2% | -$1.3M |
|
421
Quanta Services
PWR
$101B
| $59.5M | 0.04% |
1,612,095
+33,336
| +2% | +$1.11M |
|
422
H&R Block
HRB
$5.86B
| $59.3M | 0.04% |
1,965,133
+24,930
| +1% | +$748K |
|
423
F5
FFIV
$22.7B
| $59.2M | 0.04% |
555,894
-6,374
| -1% | -$674K |
|
424
Expeditors International
EXPD
$23.2B
| $59.2M | 0.04% |
1,494,286
-10,264
| -0.7% | -$421K |
|
425
CMS Energy
CMS
$22.3B
| $59M | 0.04% |
2,016,530
+95,131
| +5% | +$2.64M |
|
Similar funds
Geode Capital Management's Q1 2014 Portfolio in Review
As of Q1 2014, Geode Capital Management held 3,884 positions worth $149B, up 3.4% from $144B the previous quarter. Its ten largest holdings account for 15% of the portfolio.
Geode Capital Management's Q1 2014 filing shows 121 new, 2,970 increased, 445 reduced and 74 closed positions. Its largest new stake was Hilton Worldwide: 199,683 shares worth $13.3M. The largest sale was Liberty Global Class A, an estimated $98.9M.
By sector, the portfolio is most concentrated in Financials at 15% of assets, down from 15% a quarter earlier, followed by Technology and Healthcare.
- Geode Capital Management's largest Q1 2014 buy was Hilton Worldwide: 199,683 shares worth $13.3M.
- Geode Capital Management added most to Verizon in Q1 2014, an estimated $457M increase.
- Geode Capital Management's biggest Q1 2014 reduction was Liberty Global Class A, cutting an estimated $98.9M.
- Geode Capital Management fully exited LIFE TECHNOLOGIES CORP COM STK (DE) in Q1 2014, selling an estimated $94.7M.
- Geode Capital Management's ten largest holdings make up 15% of its $149B portfolio in Q1 2014.
- Geode Capital Management opened 121 new positions and closed 74 in Q1 2014.
- Geode Capital Management's portfolio value rose 3.4% quarter-over-quarter to $149B.
Based on Geode Capital Management's 13F filing for Q1 2014, filed 14 May 2014.