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 | |
|---|---|---|---|---|---|---|
451
Lennar Class A
LEN
$20.6B
| $51.5M | 0.03% |
1,366,409
+89,894
| +7% | +$3.44M |
|
452
SiriusXM
SIRI
$9.73B
| $51.5M | 0.03% |
1,609,851
+88,383
| +6% | +$3.12M |
|
|
ARG
453
DELISTED
Airgas Inc
ARG
| $51.3M | 0.03% |
481,672
+2,820
| +0.6% | +$302K |
|
454
Snap-on
SNA
$21.3B
| $51.2M | 0.03% |
451,239
+3,985
| +0.9% | +$431K |
|
455
Hormel Foods
HRL
$13.7B
| $51.2M | 0.03% |
2,077,308
+52,954
| +3% | +$1.22M |
|
456
Trimble
TRMB
$13.8B
| $50.8M | 0.03% |
1,307,967
+76,963
| +6% | +$2.77M |
|
|
ETFC
457
DELISTED
E*Trade Financial Corporation
ETFC
| $50.7M | 0.03% |
2,203,074
+73,492
| +3% | +$1.61M |
|
458
Henry Schein
HSIC
$9.81B
| $50.5M | 0.03% |
1,079,981
+33,356
| +3% | +$1.52M |
|
459
Affiliated Managers Group
AMG
$9.79B
| $50.4M | 0.03% |
252,112
+13,248
| +6% | +$2.6M |
|
460
Xylem
XYL
$28.6B
| $50.4M | 0.03% |
1,384,483
+14,626
| +1% | +$533K |
|
|
VER
461
DELISTED
VEREIT, Inc.
VER
| $50.4M | 0.03% |
718,658
+538,788
| +300% | +$37.5M |
|
462
VeriSign
VRSN
$26.7B
| $50.2M | 0.03% |
932,009
-14,658
| -2% | -$830K |
|
|
CIT
463
DELISTED
CIT Group Inc.
CIT
| $50M | 0.03% |
1,020,776
+69,838
| +7% | +$3.4M |
|
|
ANDV
464
DELISTED
Andeavor
ANDV
| $49.7M | 0.03% |
982,742
-4,757
| -0.5% | -$247K |
|
|
MWV
465
DELISTED
MEADWESTVACO CORP
MWV
| $49.6M | 0.03% |
1,318,565
-5,080
| -0.4% | -$185K |
|
466
Dentsply Sirona
XRAY
$2.36B
| $49.6M | 0.03% |
1,077,612
+7,206
| +0.7% | +$334K |
|
467
Darden Restaurants
DRI
$24.6B
| $49.4M | 0.03% |
1,088,756
+4,695
| +0.4% | +$210K |
|
|
TRW
468
DELISTED
TRW AUTOMOTIVE HOLDINGS CORP
TRW
| $49.4M | 0.03% |
604,849
+23,240
| +4% | +$1.8M |
|
469
BioMarin Pharmaceuticals
BMRN
$12.7B
| $49.2M | 0.03% |
721,242
+43,211
| +6% | +$3.18M |
|
470
HF Sinclair
DINO
$15B
| $49.1M | 0.03% |
1,032,132
-2,874
| -0.3% | -$136K |
|
471
Nabors Industries
NBR
$1.3B
| $49M | 0.03% |
39,746
+587
| +1% | +$586K |
|
|
ATVI
472
DELISTED
Activision Blizzard
ATVI
| $48.9M | 0.03% |
2,393,070
+116,495
| +5% | +$2.21M |
|
473
Goodyear
GT
$1.76B
| $47.9M | 0.03% |
1,832,325
-78,214
| -4% | -$1.99M |
|
474
Pultegroup
PHM
$24.6B
| $47.7M | 0.03% |
2,488,326
+14,580
| +0.6% | +$288K |
|
|
475
Liberty Global Class A
LBTYA
$3.48B
| $47.7M | 0.03% |
1,389,286
-2,812,032
| -67% | -$98.9M |
|
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.