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 | |
|---|---|---|---|---|---|---|
826
DexCom
DXCM
$33.1B
| $19.6M | 0.01% |
1,899,308
+509,928
| +37% | +$5.27M |
|
827
Tanger
SKT
$4.47B
| $19.6M | 0.01% |
559,575
+31,074
| +6% | +$1.06M |
|
828
WEX
WEX
$6.4B
| $19.5M | 0.01% |
205,598
+15,539
| +8% | +$1.42M |
|
829
West Pharmaceutical
WST
$24.8B
| $19.5M | 0.01% |
443,269
+2,373
| +0.5% | +$112K |
|
|
OPLN
830
Openlane
OPLN
$4.54B
| $19.5M | 0.01% |
1,695,398
+18,832
| +1% | +$211K |
|
|
ICPT
831
DELISTED
Intercept Pharmaceuticals, Inc.
ICPT
| $19.4M | 0.01% |
58,973
+112
| +0.2% | +$37.8K |
|
|
CIM
832
Chimera Investment
CIM
$990M
| $19.4M | 0.01% |
422,800
+33,057
| +8% | +$1.54M |
|
|
WCC
833
WESCO International
WCC
$18.3B
| $19.3M | 0.01% |
232,263
+7,897
| +4% | +$677K |
|
834
Centene
CNC
$32.9B
| $19.3M | 0.01% |
1,240,060
+183,036
| +17% | +$2.83M |
|
835
Omega Healthcare
OHI
$14B
| $19.3M | 0.01% |
574,802
+16,255
| +3% | +$518K |
|
|
TWO
836
Two Harbors Investment
TWO
$1.27B
| $19.2M | 0.01% |
233,982
+9,733
| +4% | +$784K |
|
|
CXP
837
DELISTED
COLUMBIA PROPERTY TRUST, INC.
CXP
| $19.2M | 0.01% |
703,764
+180,688
| +35% | +$4.54M |
|
|
MNK
838
DELISTED
MALLINCKRODT PUBLIC LIMITED COMPANY
MNK
| $19.2M | 0.01% |
302,091
+8,968
| +3% | +$565K |
|
|
BWLD
839
DELISTED
Buffalo Wild Wings, Inc.
BWLD
| $19.1M | 0.01% |
128,535
+34,057
| +36% | +$4.83M |
|
840
First American
FAF
$7.34B
| $19.1M | 0.01% |
720,725
+18,997
| +3% | +$504K |
|
841
Moog Inc Class A
MOG.A
$13.2B
| $19.1M | 0.01% |
291,873
+15,911
| +6% | +$1.01M |
|
|
CYN
842
DELISTED
CITY NATIONAL CORPORATION
CYN
| $19.1M | 0.01% |
242,422
+3,850
| +2% | +$290K |
|
843
ITT
ITT
$19.2B
| $19.1M | 0.01% |
446,053
+13,838
| +3% | +$588K |
|
844
Valmont Industries
VMI
$9.67B
| $19M | 0.01% |
127,937
+1,539
| +1% | +$228K |
|
|
WPX
845
DELISTED
WPX Energy, Inc.
WPX
| $18.9M | 0.01% |
1,050,785
-411,085
| -28% | -$7.58M |
|
846
United Natural Foods
UNFI
$2.88B
| $18.9M | 0.01% |
266,569
+15,907
| +6% | +$1.13M |
|
847
Curtiss-Wright
CW
$26.7B
| $18.9M | 0.01% |
297,355
+32,289
| +12% | +$2.04M |
|
848
Sally Beauty Holdings
SBH
$1.59B
| $18.9M | 0.01% |
688,024
+3,349
| +0.5% | +$95.5K |
|
|
TEN
849
DELISTED
Tenneco Inc. Class A Voting Common Stock
TEN
| $18.8M | 0.01% |
323,507
+30,346
| +10% | +$1.75M |
|
|
FNFG
850
DELISTED
FIRST NIAGARA FINANCIAL GROUP INC
FNFG
| $18.7M | 0.01% |
1,983,214
+110,598
| +6% | +$1.03M |
|
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.