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 | |
|---|---|---|---|---|---|---|
526
Digital Realty Trust
DLR
$70.8B
| $40.3M | 0.03% |
758,960
+34,214
| +5% | +$1.78M |
|
|
FDO
527
DELISTED
FAMILY DOLLAR STORES
FDO
| $40M | 0.03% |
689,400
+6,326
| +0.9% | +$399K |
|
528
UDR
UDR
$12.1B
| $40M | 0.03% |
1,547,176
+96,649
| +7% | +$2.42M |
|
529
LKQ Corp
LKQ
$6.22B
| $39.8M | 0.03% |
1,511,487
+92,416
| +7% | +$2.59M |
|
530
Jazz Pharmaceuticals
JAZZ
$16.7B
| $39.7M | 0.03% |
286,417
+6,919
| +2% | +$1.04M |
|
531
Essex Property Trust
ESS
$18.2B
| $39.5M | 0.03% |
232,239
+17,017
| +8% | +$2.74M |
|
|
QEP
532
DELISTED
QEP RESOURCES, INC.
QEP
| $39.3M | 0.03% |
1,336,666
+23,492
| +2% | +$705K |
|
|
S
533
DELISTED
Sprint Corporation
S
| $39.3M | 0.03% |
4,279,772
+198,962
| +5% | +$1.75M |
|
534
Incyte
INCY
$24.6B
| $39.3M | 0.03% |
734,460
+43,476
| +6% | +$2.7M |
|
535
First Solar
FSLR
$25.7B
| $39M | 0.03% |
558,787
+2,178
| +0.4% | +$121K |
|
536
Lear
LEA
$8.05B
| $38.9M | 0.03% |
464,960
+28,048
| +6% | +$2.23M |
|
|
POM
537
DELISTED
PEPCO HOLDINGS, INC.
POM
| $38.8M | 0.03% |
1,896,977
+28,331
| +2% | +$557K |
|
|
FLIR
538
DELISTED
FLIR Systems, Inc. (DE) Common Stock
FLIR
| $38.3M | 0.03% |
1,063,713
+6,801
| +0.6% | +$225K |
|
539
Oceaneering
OII
$5.09B
| $38.3M | 0.03% |
532,536
+18,247
| +4% | +$1.31M |
|
|
LM
540
DELISTED
Legg Mason, Inc.
LM
| $38.2M | 0.03% |
779,799
-38,065
| -5% | -$1.7M |
|
541
Revvity
RVTY
$12.9B
| $38.1M | 0.03% |
846,665
+11,676
| +1% | +$512K |
|
542
Skyworks Solutions
SWKS
$10.4B
| $38.1M | 0.03% |
1,015,667
+114,139
| +13% | +$3.75M |
|
543
Extra Space Storage
EXR
$31B
| $37.9M | 0.03% |
780,291
+16,493
| +2% | +$764K |
|
544
American Airlines Group
AAL
$9.93B
| $37.7M | 0.03% |
1,030,945
+112,849
| +12% | +$3.84M |
|
545
Packaging Corp of America
PKG
$22.7B
| $37.5M | 0.03% |
532,502
+31,189
| +6% | +$2.13M |
|
|
TW
546
DELISTED
TOWERS WATSON & CO COM STK CL A (DE)
TW
| $37.5M | 0.03% |
328,483
-4,029
| -1% | -$469K |
|
547
OGE Energy
OGE
$9.54B
| $37.4M | 0.03% |
1,017,780
+37,034
| +4% | +$1.29M |
|
|
ANSS
548
DELISTED
Ansys
ANSS
| $37.3M | 0.03% |
484,486
+19,777
| +4% | +$1.6M |
|
549
Ashland
ASH
$3.45B
| $37.2M | 0.03% |
764,879
+57,144
| +8% | +$2.68M |
|
|
IHS
550
DELISTED
IHS INC CL-A COM STK
IHS
| $37M | 0.02% |
304,872
+10,810
| +4% | +$1.28M |
|
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.