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 | |
|---|---|---|---|---|---|---|
851
Flowers Foods
FLO
$1.54B
| $18.7M | 0.01% |
873,277
+69,670
| +9% | +$1.45M |
|
852
Encompass Health
EHC
$12.5B
| $18.7M | 0.01% |
653,456
+32,805
| +5% | +$854K |
|
|
PAY
853
DELISTED
Verifone Systems Inc
PAY
| $18.6M | 0.01% |
550,770
+33,005
| +6% | +$979K |
|
|
LSI
854
DELISTED
Life Storage, Inc.
LSI
| $18.6M | 0.01% |
379,389
+54,411
| +17% | +$2.54M |
|
|
UFS
855
DELISTED
DOMTAR CORPORATION (New)
UFS
| $18.5M | 0.01% |
330,496
+12,082
| +4% | +$623K |
|
|
VRNT
856
DELISTED
Verint Systems
VRNT
| $18.5M | 0.01% |
775,532
+47,214
| +6% | +$1.11M |
|
|
FMER
857
DELISTED
FIRSTMERIT CORP
FMER
| $18.5M | 0.01% |
889,677
+25,813
| +3% | +$547K |
|
858
Westlake Corp
WLK
$10.3B
| $18.5M | 0.01% |
279,686
+18,920
| +7% | +$1.2M |
|
859
Brown & Brown
BRO
$23.7B
| $18.5M | 0.01% |
1,202,144
+107,612
| +10% | +$1.65M |
|
|
ARRS
860
DELISTED
ARRIS International plc Ordinary Shares
ARRS
| $18.5M | 0.01% |
656,008
-13,730
| -2% | -$375K |
|
861
Manhattan Associates
MANH
$11.6B
| $18.4M | 0.01% |
525,894
+2,638
| +0.5% | +$91.9K |
|
|
RAX
862
DELISTED
Rackspace Hosting Inc
RAX
| $18.4M | 0.01% |
561,402
+25,694
| +5% | +$921K |
|
863
A.O. Smith
AOS
$8.65B
| $18.4M | 0.01% |
799,572
-20,602
| -3% | -$502K |
|
|
VR
864
DELISTED
Validus Hold Ltd
VR
| $18.4M | 0.01% |
487,788
-15,554
| -3% | -$576K |
|
865
LiveRamp
RAMP
$2.3B
| $18.3M | 0.01% |
531,793
+36,002
| +7% | +$1.3M |
|
866
Sensient Technologies
SXT
$5.53B
| $18.3M | 0.01% |
323,720
+27,687
| +9% | +$1.42M |
|
867
Cabot Corp
CBT
$4.55B
| $18.3M | 0.01% |
309,169
+22,390
| +8% | +$1.17M |
|
|
ITMN
868
DELISTED
INTERMUNE INC
ITMN
| $18.2M | 0.01% |
545,216
+108,448
| +25% | +$2.41M |
|
|
CBL
869
DELISTED
CBL& Associates Properties, Inc.
CBL
| $18.2M | 0.01% |
1,027,023
+45,385
| +5% | +$790K |
|
870
SS&C Technologies
SSNC
$18.7B
| $18.2M | 0.01% |
910,438
+110,340
| +14% | +$2.27M |
|
871
Kennametal
KMT
$2.39B
| $18.2M | 0.01% |
410,351
+39,732
| +11% | +$1.82M |
|
872
White Mountains Insurance
WTM
$5.05B
| $18.1M | 0.01% |
30,244
+1,697
| +6% | +$990K |
|
873
Carpenter Technology
CRS
$27.5B
| $18.1M | 0.01% |
274,711
+23,192
| +9% | +$1.4M |
|
|
DNY
874
DELISTED
DONNELLEY R R & SONS CO
DNY
| $18.1M | 0.01% |
1,013,505
+118,666
| +13% | +$2.12M |
|
875
Avient
AVNT
$4.2B
| $18.1M | 0.01% |
493,333
+21,027
| +4% | +$755K |
|
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.