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 | |
|---|---|---|---|---|---|---|
676
Albemarle
ALB
$15.5B
| $27M | 0.02% |
406,014
+20,916
| +5% | +$1.35M |
|
|
CLR
677
DELISTED
CONTINENTAL RESOURCES INC.
CLR
| $26.8M | 0.02% |
432,074
+15,638
| +4% | +$892K |
|
678
Middleby
MIDD
$5.89B
| $26.8M | 0.02% |
304,731
+15,981
| +6% | +$1.39M |
|
679
MSCI
MSCI
$40.9B
| $26.8M | 0.02% |
622,545
-5,267
| -0.8% | -$230K |
|
|
DNB
680
DELISTED
Dun & Bradstreet
DNB
| $26.8M | 0.02% |
269,481
-2,349
| -0.9% | -$247K |
|
681
Avis
CAR
$4.9B
| $26.7M | 0.02% |
549,202
+14,568
| +3% | +$626K |
|
682
Gentex
GNTX
$5.02B
| $26.7M | 0.02% |
1,693,630
-117,908
| -7% | -$1.88M |
|
|
CVC
683
DELISTED
CABLEVISION SYS CP NY GRP CL-A
CVC
| $26.7M | 0.02% |
1,582,934
+38,431
| +2% | +$644K |
|
684
Carlisle Companies
CSL
$15.3B
| $26.7M | 0.02% |
336,372
+22,141
| +7% | +$1.72M |
|
|
CBST
685
DELISTED
CUBIST PHARMACEUTICALS INC
CBST
| $26.7M | 0.02% |
364,784
+14,518
| +4% | +$1.08M |
|
|
TCO
686
DELISTED
Taubman Centers Inc.
TCO
| $26.5M | 0.02% |
374,870
+12,676
| +3% | +$860K |
|
|
QCOR
687
DELISTED
QUESTCOR PHARMA INC
QCOR
| $26.5M | 0.02% |
408,570
+62,998
| +18% | +$4.02M |
|
|
DNKN
688
DELISTED
Dunkin' Brands Group, Inc.
DNKN
| $26.5M | 0.02% |
527,928
+15,380
| +3% | +$758K |
|
689
Ingredion
INGR
$6.53B
| $26.4M | 0.02% |
387,654
+14,841
| +4% | +$974K |
|
690
United Therapeutics
UTHR
$22.7B
| $26.4M | 0.02% |
280,431
+1,673
| +0.6% | +$171K |
|
691
Dick's Sporting Goods
DKS
$19.2B
| $26.4M | 0.02% |
482,905
+27,351
| +6% | +$1.48M |
|
|
DHC
692
Diversified Healthcare Trust
DHC
$2.04B
| $26.3M | 0.02% |
1,180,075
+52,167
| +5% | +$1.14M |
|
693
lululemon athletica
LULU
$14.5B
| $26.2M | 0.02% |
498,767
+19,517
| +4% | +$974K |
|
|
PDCO
694
DELISTED
Patterson Companies, Inc.
PDCO
| $26.2M | 0.02% |
627,150
-1,593
| -0.3% | -$65.1K |
|
695
Oil States International
OIS
$534M
| $26.1M | 0.02% |
463,708
+9,572
| +2% | +$530K |
|
|
CIE
696
DELISTED
Cobalt International Energy, Inc
CIE
| $26.1M | 0.02% |
94,905
+4,742
| +5% | +$1.23M |
|
|
SVC
697
Service Properties Trust
SVC
$1.05B
| $26.1M | 0.02% |
182,789
+8,918
| +5% | +$1.19M |
|
698
Oshkosh
OSK
$9.59B
| $25.8M | 0.02% |
437,448
+22,081
| +5% | +$1.21M |
|
|
DO
699
DELISTED
Diamond Offshore Drilling
DO
| $25.7M | 0.02% |
527,210
-15,171
| -3% | -$748K |
|
|
BRSL
700
Brightstar Lottery PLC
BRSL
$2.02B
| $25.7M | 0.02% |
1,827,374
-27,553
| -1% | -$426K |
|
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.