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 | |
|---|---|---|---|---|---|---|
|
JAH
576
DELISTED
JARDEN CORPORATION
JAH
| $35.3M | 0.02% |
883,916
+57,321
| +7% | +$2.33M |
|
|
PBCT
577
DELISTED
People's United Financial Inc
PBCT
| $34.9M | 0.02% |
2,348,586
-11,224
| -0.5% | -$163K |
|
578
ManpowerGroup
MAN
$2.63B
| $34.8M | 0.02% |
441,876
+11,183
| +3% | +$885K |
|
579
Leggett & Platt
LEG
$1.29B
| $34.4M | 0.02% |
1,054,988
+231
| +0% | +$7.15K |
|
580
Alaska Air
ALK
$5.27B
| $34.4M | 0.02% |
736,264
+90,638
| +14% | +$3.76M |
|
|
RAD
581
DELISTED
Rite Aid Corporation
RAD
| $34.3M | 0.02% |
273,248
-4,340
| -2% | -$529K |
|
|
Y
582
DELISTED
Alleghany Corp
Y
| $34.2M | 0.02% |
84,050
+3,258
| +4% | +$1.26M |
|
583
Wolfspeed
WOLF
$1.52B
| $34.2M | 0.02% |
604,723
+28,667
| +5% | +$1.75M |
|
584
Edgewell Personal Care
EPC
$1.29B
| $34.1M | 0.02% |
456,750
+8,632
| +2% | +$631K |
|
585
Iron Mountain
IRM
$36.2B
| $34M | 0.02% |
1,335,431
-24,606
| -2% | -$629K |
|
586
Mettler-Toledo International
MTD
$28.6B
| $34M | 0.02% |
144,164
+7,013
| +5% | +$1.72M |
|
587
Allegion
ALLE
$14.1B
| $33.9M | 0.02% |
649,213
+930
| +0.1% | +$46.7K |
|
|
WBC
588
DELISTED
WABCO HOLDINGS INC.
WBC
| $33.8M | 0.02% |
320,220
+22,700
| +8% | +$2.2M |
|
|
PCYC
589
DELISTED
PHARMACYCLICS INC
PCYC
| $33.8M | 0.02% |
337,240
+13,491
| +4% | +$1.75M |
|
590
MDU Resources
MDU
$4.29B
| $33.8M | 0.02% |
2,587,752
+170,362
| +7% | +$2.12M |
|
|
FRC
591
DELISTED
First Republic Bank
FRC
| $33.7M | 0.02% |
624,507
+31,307
| +5% | +$1.61M |
|
592
JB Hunt Transport Services
JBHT
$25B
| $33.7M | 0.02% |
468,255
+15,669
| +3% | +$1.16M |
|
593
Fortune Brands Innovations
FBIN
$5.73B
| $33.4M | 0.02% |
928,530
+36,392
| +4% | +$1.4M |
|
|
LPT
594
DELISTED
Liberty Property Trust
LPT
| $33.4M | 0.02% |
902,719
+42,820
| +5% | +$1.55M |
|
|
DRE
595
DELISTED
Duke Realty Corp.
DRE
| $33.3M | 0.02% |
1,970,424
+77,419
| +4% | +$1.23M |
|
|
LVLT
596
DELISTED
Level 3 Communications Inc
LVLT
| $33.1M | 0.02% |
844,820
+64,486
| +8% | +$2.32M |
|
597
Nu Skin
NUS
$250M
| $32.9M | 0.02% |
397,460
+66,915
| +20% | +$5.88M |
|
598
Cooper Companies
COO
$14.9B
| $32.9M | 0.02% |
957,268
+27,748
| +3% | +$890K |
|
|
BTU
599
DELISTED
PEABODY ENERGY CORP COM STK NEW (DE)
BTU
| $32.7M | 0.02% |
133,490
+1,126
| +0.9% | +$285K |
|
600
Avnet
AVT
$7.99B
| $32.7M | 0.02% |
701,998
+9,762
| +1% | +$418K |
|
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.