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 | |
|---|---|---|---|---|---|---|
776
AMC Global Media
AMCX
$489M
| $21.3M | 0.01% |
291,601
+7,523
| +3% | +$526K |
|
777
CNO Financial Group
CNO
$5.12B
| $21.3M | 0.01% |
1,174,101
+70,527
| +6% | +$1.27M |
|
|
INFA
778
DELISTED
INFORMATICA CORP
INFA
| $21.2M | 0.01% |
561,933
+26,618
| +5% | +$1.07M |
|
779
RenaissanceRe
RNR
$13.2B
| $21.2M | 0.01% |
217,427
-11,103
| -5% | -$1.04M |
|
780
Nordson
NDSN
$17.2B
| $21.2M | 0.01% |
300,791
+9,496
| +3% | +$674K |
|
781
Hexcel
HXL
$7.63B
| $21.2M | 0.01% |
486,731
+2,265
| +0.5% | +$98.8K |
|
782
Teledyne Technologies
TDY
$32B
| $21.1M | 0.01% |
217,147
+22,262
| +11% | +$2.11M |
|
|
UPL
783
DELISTED
Ultra Petroleum Corp. Common Stock
UPL
| $21.1M | 0.01% |
785,887
+30,197
| +4% | +$721K |
|
784
Alnylam Pharmaceuticals
ALNY
$29B
| $21.1M | 0.01% |
313,594
+28,989
| +10% | +$2.24M |
|
|
MFA
785
MFA Financial
MFA
$919M
| $21M | 0.01% |
678,506
+105,220
| +18% | +$3.17M |
|
|
GNC
786
DELISTED
GNC Holdings, Inc.
GNC
| $21M | 0.01% |
477,187
+38,526
| +9% | +$1.91M |
|
787
Steel Dynamics
STLD
$38.5B
| $21M | 0.01% |
1,180,170
+23,379
| +2% | +$409K |
|
788
Old Republic International
ORI
$10.3B
| $21M | 0.01% |
1,280,164
+53,019
| +4% | +$842K |
|
|
SIRO
789
DELISTED
SIRONA DENTAL SYSTEMS INC COM STK
SIRO
| $21M | 0.01% |
280,658
-31,498
| -10% | -$2.25M |
|
790
Sonoco
SON
$5.72B
| $20.9M | 0.01% |
510,696
+20,219
| +4% | +$840K |
|
791
NNN REIT
NNN
$8.8B
| $20.9M | 0.01% |
609,941
+17,589
| +3% | +$587K |
|
|
ULTI
792
DELISTED
Ultimate Software Group Inc
ULTI
| $20.9M | 0.01% |
152,654
+7,305
| +5% | +$1.15M |
|
793
EnerSys
ENS
$6.79B
| $20.8M | 0.01% |
300,876
+21,446
| +8% | +$1.5M |
|
794
Visteon
VC
$2.8B
| $20.7M | 0.01% |
234,114
-13,785
| -6% | -$1.15M |
|
795
Zebra Technologies
ZBRA
$17.9B
| $20.7M | 0.01% |
298,328
+15,391
| +5% | +$944K |
|
|
DRC
796
DELISTED
DRESSER-RAND GROUP INC
DRC
| $20.7M | 0.01% |
354,037
+8,880
| +3% | +$506K |
|
797
Manitowoc
MTW
$681M
| $20.6M | 0.01% |
724,027
+19,795
| +3% | +$507K |
|
798
RLJ Lodging Trust
RLJ
$1.67B
| $20.6M | 0.01% |
771,091
+11,598
| +2% | +$296K |
|
|
MCRS
799
DELISTED
MICROS SYSTEMS INC
MCRS
| $20.5M | 0.01% |
387,888
+10,407
| +3% | +$577K |
|
|
GXP
800
DELISTED
Great Plains Energy Incorporated
GXP
| $20.5M | 0.01% |
757,971
+29,434
| +4% | +$746K |
|
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.