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 | |
|---|---|---|---|---|---|---|
651
Donaldson
DCI
$11.2B
| $28.7M | 0.02% |
676,557
+28,696
| +4% | +$1.21M |
|
652
Rayonier
RYN
$6.52B
| $28.6M | 0.02% |
920,958
+74,470
| +9% | +$2.24M |
|
653
Toll Brothers
TOL
$14B
| $28.6M | 0.02% |
796,456
+37,280
| +5% | +$1.37M |
|
|
CVD
654
DELISTED
COVANCE INC.
CVD
| $28.5M | 0.02% |
274,518
+8,369
| +3% | +$829K |
|
655
SITE Centers
SITC
$158M
| $28.5M | 0.02% |
1,341,881
+51,939
| +4% | +$1.07M |
|
|
PRE
656
DELISTED
PARTNERRE LTD
PRE
| $28.5M | 0.02% |
275,188
+3,513
| +1% | +$351K |
|
657
Reliance Steel & Aluminium
RS
$21.9B
| $28.4M | 0.02% |
402,295
+6,606
| +2% | +$471K |
|
658
Martin Marietta Materials
MLM
$33B
| $28.3M | 0.02% |
220,805
+2,317
| +1% | +$266K |
|
|
SAVE
659
DELISTED
Spirit Airlines, Inc.
SAVE
| $28.3M | 0.02% |
476,881
+5,155
| +1% | +$271K |
|
660
East-West Bancorp
EWBC
$18.1B
| $28.1M | 0.02% |
769,792
+49,952
| +7% | +$1.76M |
|
|
AZPN
661
DELISTED
ASPEN TECHNOLOGY INC
AZPN
| $28.1M | 0.02% |
662,687
+75,259
| +13% | +$3.19M |
|
|
INVX
662
Innovex International
INVX
$2.04B
| $28M | 0.02% |
250,117
+8,438
| +3% | +$874K |
|
663
Sensata Technologies
ST
$6.66B
| $27.9M | 0.02% |
654,851
+25,648
| +4% | +$1.02M |
|
664
Kirby Corp
KEX
$7B
| $27.8M | 0.02% |
274,418
+8,387
| +3% | +$845K |
|
|
BRCD
665
DELISTED
Brocade Communications Systems, Inc. NEW
BRCD
| $27.6M | 0.02% |
2,602,219
+33,254
| +1% | +$321K |
|
666
AGCO
AGCO
$7.06B
| $27.4M | 0.02% |
495,987
+14,275
| +3% | +$764K |
|
|
NRF
667
DELISTED
NorthStar Realty Finance Corp.
NRF
| $27.3M | 0.02% |
862,668
+280,124
| +48% | +$8.24M |
|
668
3D Systems Corp
DDD
$611M
| $27.3M | 0.02% |
461,922
+18,413
| +4% | +$1.37M |
|
|
PPLI
669
People Inc
PPLI
$3.03B
| $27.3M | 0.02% |
2,140,098
+105,155
| +5% | +$1.35M |
|
|
WCN
670
Waste Connections
WCN
$41.9B
| $27.2M | 0.02% |
931,322
+86,022
| +10% | +$2.45M |
|
671
RPM International
RPM
$14.8B
| $27.2M | 0.02% |
649,194
+53,628
| +9% | +$2.21M |
|
|
ROC
672
DELISTED
ROCKWOOD HLDGS INC
ROC
| $27.1M | 0.02% |
364,157
+11,045
| +3% | +$814K |
|
|
VAL
673
DELISTED
Valspar
VAL
| $27.1M | 0.02% |
375,507
+8,073
| +2% | +$585K |
|
674
Jones Lang LaSalle
JLL
$16.4B
| $27.1M | 0.02% |
228,395
+16,676
| +8% | +$1.92M |
|
675
AXIS Capital
AXS
$7.43B
| $27.1M | 0.02% |
590,213
-30,736
| -5% | -$1.38M |
|
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.